What is DOWLING & PARTN’s Forecast for LNC FY2026 Earnings?

Lincoln National Corporation (NYSE:LNC) – Analysts at DOWLING & PARTN issued their FY2026 earnings per share (EPS) estimates for Lincoln National in a report issued on Wednesday, May 20th. DOWLING & PARTN analyst J. Hurwitz expects that the financial services provider will post earnings of $7.80 per share for the year. The consensus estimate for Lincoln National’s current full-year earnings is $7.68 per share. DOWLING & PARTN also issued estimates for Lincoln National’s FY2027 earnings at $8.35 EPS and FY2028 earnings at $9.50 EPS.

Lincoln National (NYSE:LNC) last issued its earnings results on Thursday, May 7th. The financial services provider reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.58 by $0.08. The company had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.93 billion. Lincoln National had a return on equity of 18.07% and a net margin of 9.17%.The business’s revenue was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.60 EPS.

Several other analysts also recently weighed in on the company. Weiss Ratings downgraded Lincoln National from a “buy (b-)” rating to a “hold (c)” rating in a research note on Monday, May 11th. Mizuho decreased their target price on Lincoln National from $54.00 to $48.00 and set an “outperform” rating for the company in a research note on Monday, April 13th. Barclays decreased their target price on Lincoln National from $44.00 to $42.00 and set an “equal weight” rating for the company in a research note on Wednesday, April 8th. TD Cowen decreased their target price on Lincoln National from $43.00 to $38.00 and set a “hold” rating for the company in a research note on Monday, March 9th. Finally, National Bank Financial set a $40.00 target price on Lincoln National in a research note on Thursday, May 21st. Five equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Lincoln National currently has an average rating of “Hold” and an average price target of $43.00.

Lincoln National Stock Performance

LNC opened at $35.20 on Thursday. The company has a market cap of $6.73 billion, a PE ratio of 4.08, a price-to-earnings-growth ratio of 2.31 and a beta of 1.20. The stock has a 50-day moving average of $35.54 and a 200-day moving average of $39.02. Lincoln National has a 52-week low of $31.69 and a 52-week high of $46.82. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.25 and a current ratio of 0.25.

Hedge Funds Weigh In On Lincoln National

Hedge funds have recently modified their holdings of the stock. V Square Quantitative Management LLC acquired a new position in shares of Lincoln National in the 4th quarter worth approximately $31,000. Transamerica Financial Advisors LLC acquired a new position in shares of Lincoln National in the 4th quarter worth approximately $32,000. JPL Wealth Management LLC acquired a new position in shares of Lincoln National in the 3rd quarter worth approximately $29,000. Los Angeles Capital Management LLC acquired a new position in shares of Lincoln National in the 4th quarter worth approximately $34,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Lincoln National in the 4th quarter worth approximately $38,000. 72.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Lincoln National news, EVP Sean Woodroffe sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $34.46, for a total value of $344,600.00. Following the completion of the transaction, the executive vice president owned 206,159 shares of the company’s stock, valued at $7,104,239.14. This represents a 4.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.03% of the stock is currently owned by company insiders.

Lincoln National Company Profile

Lincoln National Corporation, doing business as Lincoln Financial Group, is a diversified financial services holding company focused on providing retirement, insurance, and wealth management solutions in the United States and select international markets. Headquartered in Radnor, Pennsylvania, the company operates through several business segments, including Retirement Plan Services, Life Insurance, and Group Protection. Its offerings are designed to help individuals, families, and institutions plan and prepare for their financial futures.

The Retirement Plan Services segment delivers recordkeeping, administrative services, and investment management for defined contribution and defined benefit plans.