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Last $58.00 USD
Change Today +0.51 / 0.89%
Volume 2.1M
LNC On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 05/4/15 All times are local (Market data is delayed by at least 15 minutes).

lincoln national corp (LNC) Snapshot

Open
$57.51
Previous Close
$57.49
Day High
$58.20
Day Low
$57.20
52 Week High
03/6/15 - $60.84
52 Week Low
10/16/14 - $45.25
Market Cap
14.7B
Average Volume 10 Days
2.3M
EPS TTM
$5.95
Shares Outstanding
253.0M
EX-Date
04/8/15
P/E TM
9.7x
Dividend
$0.80
Dividend Yield
1.24%
Current Stock Chart for LINCOLN NATIONAL CORP (LNC)

lincoln national corp (LNC) Related Businessweek News

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lincoln national corp (LNC) Details

Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. The company sells a range of wealth protection, accumulation, and retirement income products and solutions. Its products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, and employer-sponsored retirement plans and services, as well as group life, disability, and dental products. Lincoln National Corporation also provides various plan investment vehicles, including individual and group variable annuities, group fixed annuities, and mutual fund-based programs; single and survivorship versions of UL and VUL, including corporate-owned UL and VUL, as well as bank-owned UL and VUL insurance products; and group non-medical insurance products, principally term life, universal life, disability, dental, vision, accident, and critical illness insurance to the employer market place through various forms of contributory and non-contributory plans. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1904 and is headquartered in Radnor, Pennsylvania.

9,627 Employees
Last Reported Date: 02/26/15
Founded in 1904

lincoln national corp (LNC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $575.4K
Executive Vice President, Chief Executive Off...
Total Annual Compensation: $484.0K
President of Insurance & Retirement Solutions
Total Annual Compensation: $644.0K
Compensation as of Fiscal Year 2014.

lincoln national corp (LNC) Key Developments

Lincoln National Corporation Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Lincoln National Corporation reported consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, total revenues were $3,304,000 against $3,176,000 a year ago. Total operating Revenue was $3,394 million against $3,233 million a year ago. Net Income available to common stockholders diluted was $299 million against $328 million a year ago. Net Income was $300 million against $329 million a year ago. Income from operations was $352 million against $365 million a year ago. Diluted income from operations per share was $1.35 million against $1.34 million a year ago. Diluted net income per share was $1.15 against $1.21 a year ago. Book value per share, including AOCI was $64.14 against $54.94 a year ago. Book value per share, excluding AOCI was $49.70 against $45.63 a year ago. ROE (Income from operations) was 11.2% against 12.2% a year ago. ROE (net income) was 9.5% against 11.0% a year ago.

MetLife Inc., AXA Equitable Life Insurance Co. and Lincoln National Corp. Face Class-Action Lawsuits over Shadow Insurance Allegations

MetLife Inc., AXA Equitable Life Insurance Co. and Lincoln National Corp. are facing class-action lawsuits related to certain practices involving reinsurers. MetLife and AXA Equitable each face two lawsuits, while Lincoln National is facing one. Four of the cases were reportedly filed in the U.S. District Court in New York, while the fifth was filed in the U.S. District Court in New Jersey. Plaintiffs in the lawsuit against Lincoln National alleged that the insurer used a practice called two-step transactions through which it was able to hide its shadow insurance practices. The law suit, in such a transaction the New York-based insurance company transfers risk to its non-New York-based affiliate. The affiliate then retrocedes such risk to a captive reinsurer affiliated with the original New York-based company. That process allows the New York-based insurance company to report that it did not transact directly with the captive, the news outlet said. The suit against Lincoln National further claims that this practice allowed the company to use assets to pay higher salaries to executives, acquire other life insurers or declare higher dividends instead of preserving such assets to pay claims. One of the lawsuits against AXA Equitable reportedly alleged that the insurer engaged in shadow insurance practices related to its life insurance business, resulting in materially misleading representations of its financial condition. The other lawsuit, which pertains to the company's variable annuity business, alleges that the company's shadow insurance practices resulted in misrepresentations about its financial condition, which it used to market guaranteed benefits insurance riders and other life insurance products. In one of the complaints against MetLife, it is alleged that the company is engaging in practices that places the financial futures of its policyholders, their beneficiaries and even the public at risk.

Lincoln National Corporation to Report Q1, 2015 Results on Apr 29, 2015

Lincoln National Corporation announced that they will report Q1, 2015 results at 5:00 PM, Eastern Standard Time on Apr 29, 2015

 

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Industry Analysis

LNC

Industry Average

Valuation LNC Industry Range
Price/Earnings 10.3x
Price/Sales 1.1x
Price/Book 0.9x
Price/Cash Flow 9.8x
TEV/Sales 0.2x
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