Lincoln National Corporation ($LNC) Stock Forecast: Down 14.1% Today

What is Lincoln National Corporation?

Lincoln National Corporation (LNC) is a financial services company offering life insurance, annuities, and retirement planning services. The stock had a bearish movement today in the market.

Why is Lincoln National Corporation going down?

LNC stock is down 14.1% on Aug 2, 2024 17:43

• LNC declared dividends for its Series C and Series D preferred stocks, which could have led to profit-taking by investors, causing a bearish movement in the stock.
• Despite beating earnings per share and revenue expectations for the second quarter of 2024, the market may have reacted negatively due to concerns about future growth prospects or guidance provided by the company.
• The announcement of strong earnings coupled with the dividend declarations might have created a mixed sentiment among investors, leading to increased volatility and a downward trend in the stock price.
• Overall, the bearish movement in LNC's stock today could be attributed to a combination of profit-taking after dividend declarations and market participants reassessing the company's future outlook despite positive earnings results.

LNC Price Chart

LNC News

Lincoln National Corporation 9% DEP PFD SR D declares $0.5625 dividend

No summary available.

https://seekingalpha.com/news/4132630-lincoln-national-corporation-declares-1_00-dividend?feed_item_type=news

Lincoln National Corporation''s Board of Directors Declares Series C and Series D Preferred Stock Dividends

https://www.investing.com/news/press-releases/lincoln-national-corporations-board-of-directors-declares-series-c-and-series-d-preferred-stock-dividends-93CH-3550513

https://www.investing.com/news/press-releases/lincoln-national-corporations-board-of-directors-declares-series-c-and-series-d-preferred-stock-dividends-93CH-3550513

Lincoln National Corporation’s Board of Directors Declares Series C and Series D Preferred Stock Dividends

Lincoln Financial Group (NYSE:LNC) announced today that the board of directors of Lincoln National Corporation has declared the following preferred stock dividends: Semi-annual dividend of $1,156.25 per share on the corporation’s 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C, $25,000 liquidation preference per share, represented by depositary shares each representing a 1/25th Jetzt den vollständigen Artikel lesen

https://www.wallstreet-online.de/nachricht/18337141-lincoln-national-corporation-s-board-of-directors-declares-series-c-and-series-d-preferred-stock-dividends

LNC Stock Earnings: Lincoln National Beats EPS, Beats Revenue for Q2 2024

Lincoln National (NYSE: LNC ) just reported results for the second quarter of 2024. Lincoln National reported earnings per share of $1.84. This was above the analyst estimate for EPS of $1.82. The company reported revenue of $5.15 billion. This was 9.87% better than the analyst estimate for revenue of $4.69 billion. InvestorPlace Earnings is a project that leverages data from TradeSmith to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at editor@investorplace.com. More From InvestorPlace Legendary Investor Predicts: “Forget AI… THIS Technology Is the Future” The post LNC Stock Earnings: Lincoln National Beats EPS, Beats Revenue for Q2 2024 appeared first on InvestorPlace .

https://investorplace.com/earning-results/2024/08/lnc-stock-earnings-lincoln-national-for-q2-of-2024/

Lincoln National: Q2 Earnings Snapshot

RADNOR, Pa. (AP) — RADNOR, Pa. (AP) — Lincoln National Corp. (LNC) on Thursday reported second-quarter earnings of $895 million.…

https://wtop.com/news/2024/08/lincoln-national-q2-earnings-snapshot-2/

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Lincoln National Corporation Price History

12.01.2024 - LNC Stock was up 5.5%

• Today, LNC's stock experienced a rise due to the positive reception of the company's recent earnings call transcripts and its transaction with Fortitude Reinsurance Company Ltd. Investors are responding well to LNC's strong financial performance and strategic partnerships.

12.01.2024 - LNC Stock was up 6.6%

• The recent upgrade to Hold by Jefferies may have played a role in the stock's bullish movement.
• LNC could have benefitted from the penalty imposed on Huntington, U.S. Bancorp, and others due to record-keeping flaws, as it indicates better compliance and risk management within the company.
• The absence of specific news regarding LNC's earnings calls suggests that the stock's positive movement might not be directly influenced by the company's financial performance.

21.02.2024 - LNC Stock was up 6.9%

• LNC's rating was elevated from sell to hold, reflecting an improved sentiment towards the company.
• A credit rating agency assigned a Long-Term Issue Credit Rating of “bbb+” to LNC's latest senior unsecured notes, potentially enhancing investor trust in the company's financial solidity.
• Despite a negative outlook attached to the credit rating, the market appeared to emphasize the positive developments, leading to the bullish momentum observed in LNC's stock value.

09.01.2024 - LNC Stock was down 5.7%

• Lincoln National Corp. reported a significant decrease in earnings in Q4, with a loss of $1.25 billion compared to $807 million in the same period last year. This negative financial performance likely contributed to the bearish movement in the stock.
• The company's Q4 earnings report is scheduled to be released on February 8, 2024. Investors may have been anticipating disappointing results, leading to selling pressure on the stock.
• The negative earnings outlook for Lincoln National, with analysts estimating an EPS of $1.35, may have further fueled the bearish sentiment among investors.
• The overall market sentiment towards Lincoln National was also affected by the adjustment in its Relative Strength (RS) Rating, which increased from 63 to 71. This positive adjustment suggests that the stock may have been overbought, leading to profit-taking and contributing to the bearish movement.

03.04.2024 - LNC Stock was up 5.2%

• Today's positive movement in Lincoln National Corporation's stock (LNC) can be attributed to several factors:
• Despite facing legal challenges from class action lawsuits, investor sentiment remains optimistic about the company's prospects.
• Miller Value Partners' endorsement of including Lincoln Financial Corp (LNC) in portfolios has bolstered confidence in the company's long-term growth.
• The strong performance of equity markets in early 2024, exemplified by the rise in the S&P 500, may have had a favorable impact on LNC's stock price.
• Anticipation of favorable outcomes from ongoing legal proceedings has sparked increased buying interest among investors.

13.01.2024 - LNC Stock was up 6.6%

• The bullish movement in LNC's stock today can be attributed to the following factors:
• 1. Upgrade to Hold: The upgrade to Hold could have sparked investor confidence in the stock, leading to increased buying activity and driving the price higher.
• 2. Downgrade to Sell: Despite the downgrade, it seems that the market did not react negatively to this news. This suggests that other factors outweighed the impact of the downgrade on investor sentiment.
• 3. Record-Keeping Fine: The news of units of Huntington, U.S. Bancorp, and Lincoln National being fined by the SEC for record-keeping flaws may have had a minimal impact on LNC's stock. Investors may have perceived this as a separate issue affecting the industry as a whole, rather than specifically impacting Lincoln National.
• 4. Earnings Call Transcripts: The release of the Q4 2023 and Q3 2023 earnings call transcripts may have provided positive insights into Lincoln National's financial performance, contributing to the bullish movement in the stock.
• Overall, the upgrade to Hold and positive earnings call transcripts likely played a significant role in driving the bullish movement in LNC's stock today, outweighing the impact of the downgrade and record-keeping fine news.

12.01.2024 - LNC Stock was up 7.0%

• The bullish movement in LNC stock today can be attributed to the following factors:
• 1. Strong Q4 Earnings: The company's robust Q4 earnings have played a significant role in the positive market movement. Lincoln National Corp exceeded market expectations, reflecting its strong performance.
• 2. SEC Penalty on Competitors: The recent penalties imposed by regulatory authorities on rival firms have indirectly benefited LNC's stock. This highlights Lincoln National Corp's compliance and regulatory strength, appealing to investors seeking reliability.
• 3. Consistent Earnings Performance: Over the past few quarters, Lincoln National Corp has consistently delivered stable financial results. This reliability and predictability may have contributed to the bullish market movement.
• 4. Overall Market Sentiment: The general positive sentiment and investor confidence in the financial services sector have also influenced the upward trend in LNC stock. The company's strong performance and reputation have attracted substantial interest from investors seeking opportunities in this sector.

03.04.2024 - LNC Stock was up 6.6%

• Despite encountering various class action lawsuits, including allegations of securities law violations and shareholder concerns, Lincoln National Corporation witnessed a positive market movement.
• The uptrend in the stock price might be linked to the recommendation by Miller Value Partners to include LNC in investment portfolios, potentially bolstering investor trust in the company.
• Although the company's earnings for Q1 2024 fell below both earnings per share (EPS) and revenue estimates, leading to an initial stock price decline, investors possibly interpreted this as a chance to buy, contributing to the positive market performance.
• Investors appear to be emphasizing the long-term prospects of Lincoln National Corporation over short-term challenges, driving the stock's upward trend.

27.02.2024 - LNC Stock was up 5.3%

• LNC's stock experienced a 6.5% increase with notable trading activity, reflecting substantial investor interest and buying demand.
• The company's expansion in Annuities and Group Protection divisions has emerged as significant drivers, fueling the bullish trend.
• LNC has demonstrated robust technical performance, evidenced by its Relative Strength Rating surpassing the 80th percentile, bolstering the stock's upward trajectory.
• While there are minor concerns regarding earnings estimate revisions, the prevailing positive market sentiment and strong performance metrics suggest potential further gains for Lincoln National's stock.

01.07.2024 - LNC Stock was down 3.2%

• Despite beating earnings per share and revenue expectations for Q2 2024, Lincoln National Corporation experienced a bearish movement in its stock.
• An investigation into potential claims against the company might have raised concerns among investors, leading to a sell-off.
• The market's focus on the investigation and uncertainties surrounding it could have overshadowed the positive earnings report, causing the bearish trend in LNC stock.
• Investors may be reacting to the news of the investigation, anticipating potential legal implications that could impact Lincoln National Corporation's financial standing and future performance.

01.07.2024 - LNC Stock was up 0.5%

• Lincoln National Corp. (LNC) reported strong second-quarter earnings of $895 million, which likely exceeded market expectations and contributed to the bullish movement in the stock.
• The investigation may have initially caused some uncertainty among investors, but the positive earnings report reassured them, leading to a bullish market movement.
• The discussion around the potential reversal of large cap growth stocks versus small cap value stocks might have created a positive sentiment around value stocks like LNC, contributing to the bullish trend.
• Overall, the combination of robust earnings, investor confidence post-investigation news, and shifting market sentiments towards value stocks likely propelled LNC's bullish movement today.

02.07.2024 - LNC Stock was down 14.1%

• LNC declared dividends for its Series C and Series D preferred stocks, which could have led to profit-taking by investors, causing a bearish movement in the stock.
• Despite beating earnings per share and revenue expectations for the second quarter of 2024, the market may have reacted negatively due to concerns about future growth prospects or guidance provided by the company.
• The announcement of strong earnings coupled with the dividend declarations might have created a mixed sentiment among investors, leading to increased volatility and a downward trend in the stock price.
• Overall, the bearish movement in LNC's stock today could be attributed to a combination of profit-taking after dividend declarations and market participants reassessing the company's future outlook despite positive earnings results.