Lincoln National Corporation which can be found using ticker (LNC) now have 13 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 39 and 16 with the average target price sitting at $33.23. Given that the stocks previous close was at $20.77 this would imply there is now a potential upside of 60.0%. It’s also worth noting that there is a 50 day moving average of $29.70 and the 200 moving average now moves to $40.03. The market capitalization for the company is $3,858m. Company Website: https://www.lfg.com
The potential market cap would be $6,172m based on the market consensus.
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 company’s Life Insurance segment provides life insurance products, including term insurance, such as single and survivorship versions of universal life insurance; variable universal life insurance; indexed universal life insurance products; and critical illness and long-term care riders. Its Annuities segment offers fixed, variable, and indexed variable annuities. The company’s Group Protection segment offers group non-medical insurance products including short and long-term disability, statutory disability and paid family medical leave administration, and absence management services, term life, dental, vision and accident, and critical illness benefits and services 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 a range of plan services, including plan recordkeeping, compliance testing, participant education, and trust and custodial services. The company distributes its products through consultants, brokers, planners, agents, financial advisors, third-party administrators, and other intermediaries. Lincoln National Corporation was founded in 1905 and is headquartered in Radnor, Pennsylvania.
The company has a dividend yield of 8.56% with the ex dividend date set at 6-4-2023 (DMY).
