Now trading at a price of $30.89, Lincoln National has moved -1.8% so far today on a volume of 2,385,255, compared to its average of 2,770,446. In contrast, the S&P 500 index moved 0.2%.
Lincoln National shares moved -55.8% over the last 52 weeks, with a high of $76.4 and a low of $28.61. During this time, the stock lagged the S&P 500 index by -39.2%. As of January 2022, the company's 50-day average price is $36.1302. Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. The mid-cap Financial Services company has 10,848 full time employees and is based in Radnor, PA. Lincoln National has returned a 5.7% dividend yield over the last 12 months.
Overview of theLincoln National's Fundamentals:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | |
|---|---|---|---|
| Revenue (MM) | $17,258 | $17,556 | $19,116 |
| Revenue Growth | n/a | 1.73% | 8.89% |
| Net Margins | 5.13% | 2.84% | 7.35% |
| Net Margins Growth | n/a | -44.64% | 158.8% |
| Earnings Per Share | $4.38 | $2.56 | $7.43 |
| EPS Growth | n/a | -41.55% | 190.23% |
| Free Cash Flow (MM) | -$2,686 | $534 | $151 |
| FCF Growth | n/a | 119.88% | -71.72% |
| LT Debt to Equity | 0.31 | 0.28 | 0.3 |
The Market Is Undervaluing Lincoln National:
Compared to the Financial Services sector's average of 13.34, Lincoln National has a trailing twelve month price to earnings (P/E) ratio of 9.6 and, based on its EPS guidance of 8.94, an expected P/E ratio of 3.5.
Lincoln National's price to book (P/B) ratio is 2.4 compared to its sector average of 1.95. The company is likley overvalued in terms of its net tangible assets. The company's shares are currently trading -17.8% below their Graham number, implying there is a margin of safety for the stock. The Graham number is calculated according to the formula:
√(22.5 * 3-year average EPS * book value per share) = √(22.5 * 4.79 * 13.102) = $37.58
Lincoln National Is the Subject of Mixed Market Indicators:
13 analysts are following Lincoln National and have set target prices ranging from $25 to $54 per share. On average, they have given the company a rating of hold. At the current price of $30.89, LNC is trading -19.19% away from its average analyst target price of $38.23 per share, implying an analyst consensus of some upside potential for the stock.
The company has an average amount of shares sold short since 3.5% of the company's shares are tied to short positions. Institutions own 81.7% of Lincoln National's shares, while the insider ownership rate stands at 9.51%. The biggest shareholder is the Vanguard Group, Inc. with a 11% stake in the company worth approximately $593,995,867.
