Stocktoria
LINCOLN NATIONAL CORP LNC
LINCOLN NATIONAL CORP (LNC) earns a Piotroski F-score of 2/9 (weak financial health). It pays a dividend yielding 4.63% (safety: safe). FY2025 revenue was $18.2B at a 6.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-05-21 | Morgan Stanley | Overweight (main) |
| 2026-05-13 | Keefe, Bruyette & Woods | Outperform (main) |
| 2026-05-12 | Evercore ISI Group | In-Line (main) |
| 2026-05-12 | Wells Fargo | Overweight (main) |
| 2026-05-07 | JP Morgan | Underweight (main) |
| 2026-04-14 | B of A Securities | Neutral (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Finance, Insurance & Real Estate · percentile among 1129 companies
Percentile vs other Finance, Insurance & Real Estate companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 2/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Sector peers · similar-size Finance, Insurance & Real Estate companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| LNC | LINCOLN NATIONAL CORP | 2/9 | — | 6 | -1.2% |
| CRBD | Corebridge Financial, Inc. | 3/9 | — | — | -1.2% |
| RGA | REINSURANCE GROUP OF AMERICA INC | 6/9 | — | 11.9 | +7.2% |
| ATHS | Athene Holding Ltd. | 4/9 | — | 1.8 | +24.1% |
| VOYA | Voya Financial, Inc. | 5/9 | — | 12.6 | +1.7% |
| ANG-PD | American National Group Inc. | 4/9 | — | — | -0.4% |
| GNW | GENWORTH FINANCIAL INC | 5/9 | — | 16.2 | +0.1% |
All Finance, Insurance & Real Estate companies →
About LINCOLN NATIONAL CORP
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States. It operates through four segments: Life Insurance, Annuities, Group Protection, and Retirement Plan Services. The Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit UL and VUL products, and critical illness and long-term care riders. Its Annuities segment offers variable, fixed, and registered index-linked annuities. The Group Protection segment offers group nonmedical insurance products consisting of short and long-term disability and administration services, statutory disability; paid family medical leave administration and absence management services; term life; life; supplemental health insurance; accident, critical illness, and hospital indemnity benefits and dental and vision products to the employer marketplace through various forms of employee-paid and employer-paid plans. Its Retirement Plan Services segment provides employers with retirement plan products and services primarily in the defined contribution retirement plan marketplace; individual and group variable annuities, group fixed annuities, and mutual fund-based programs; and various plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. It distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, financial institutions, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
FAQ
Is LNC financially healthy?
LINCOLN NATIONAL CORP's Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak).
Does LNC pay a dividend, and is it safe?
Yes. LINCOLN NATIONAL CORP pays a dividend yielding about 4.63% with a 27.6% payout ratio, rated “safe” for safety.
How profitable is LNC?
In FY2025, LINCOLN NATIONAL CORP had a net margin of 6.5% and a return on equity of 10.8%.
Is LNC overvalued or undervalued?
LINCOLN NATIONAL CORP trades at about 7.6× trailing earnings — below its 10-year norm (10-year range 1.9×–17.8×, median 8.7×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for LNC?
The average Wall-Street price target for LINCOLN NATIONAL CORP is $42.58, about 3.4% below the recent price, from 12 analysts (consensus: hold).
Is LNC a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on LINCOLN NATIONAL CORP: a Piotroski F-score of 2/9, a P/E of about 6.0×, a dividend yield of 4.63%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.