LNC Lincoln National
Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. The company had $281 billion in end-of-period account values as of September 30, 2020. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good. Dedicated to diversity and inclusion, we earned perfect 100 percent scores on the Corporate Equality Index and the Disability Equality Index, and rank among Forbes' World's Best Employers, Best Large Employers, Best Employers for Diversity, and Best Employers for Women, and Newsweek's Most Responsible Companies.
Company profile
Ticker
LNC
Exchange
Website
CEO
Dennis Glass
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LINCOLN NATIONAL CORP ET AL
SEC CIK
Corporate docs
IRS number
351140070
LNC stock data
()
News
Insurance Stocks Moving In Wednesday's Intraday Session
21 Jul 21
Insurance Stocks Moving In Monday's Intraday Session
19 Jul 21
Analyst Ratings For Lincoln National
15 Jul 21
Morgan Stanley Maintains Overweight on Lincoln National, Raises Price Target to $73
15 Jul 21
Insurance Stocks Moving In Friday's Intraday Session
9 Jul 21
Press releases
AM Best Assigns Indicative Issue Credit Ratings to Lincoln National Corporation's Subordinated Notes
21 Jul 21
Lincoln Financial Group Expands YourPath® Target Date Suite to Include Protected Lifetime Income
19 Jul 21
Gold Medal Strategy: Does Your Financial Fitness Put You on the Podium?
15 Jul 21
Lincoln Financial Group Earns Sixth Consecutive 100% Score on Disability Equality Index
13 Jul 21
Lincoln Financial Group Selected by Insurer CIOs for Novarica Impact Award
13 Jul 21
Investment data
| Top 50 of 785 long holdings End of quarter 31 Mar 21 |
Value |
#Shares |
|---|---|---|
| $348.47M | 4.11M | |
| $277.94M | 1.34M | |
| $231.01M | 7.56M | |
| $199.92M | 965.49K | |
| $190.29M | 2M | |
|
Vanguard Intl Equity Index F
(ALLWRLD EX US)
|
$143.27M | 2.36M |
|
Vanguard Tax-managed Intl FD
|
$141.44M | 2.88M |
| $141.24M | 2.65M | |
| $101.89M | 1.58M | |
|
Vanguard Specialized Funds
|
$99.34M | 675.39K |
|
Vanguard Intl Equity Index F
(FTSE EMR MKT ETF)
|
$75.19M | 1.44M |
|
Vanguard Intl Equity Index F
(FTSE PACIFIC ETF)
|
$72.04M | 882.22K |
| $71.76M | 587.51K | |
|
Vanguard Intl Equity Index F
(FTSE EUROPE ETF)
|
$69.1M | 1.1M |
| $59.74M | 150.16K | |
| $53.68M | 650.63K | |
| $53.07M | 133.89K | |
| $40.89M | 128.13K | |
| $40.31M | 298.85K | |
| $38.32M | 231.37K | |
| $34.58M | 146.69K | |
| $33.5M | 137.82K | |
| $32.27M | 150.4K | |
| $30.66M | 9.91K | |
| $29.91M | 108.92K | |
| $28.36M | 209.44K | |
|
Vanguard Intl Equity Index F
(FTSE SMCAP ETF)
|
$26.35M | 205.27K |
| $25.39M | 69.7K | |
| $25.21M | 96.85K | |
|
First TR Value Line Divid In
|
$23.57M | 620.69K |
| $23.07M | 304.12K | |
|
Vanguard Intl Equity Index F
(GLB EX US ETF)
|
$21.93M | 393.31K |
| $20.15M | 132.93K | |
| $19.96M | 413.48K | |
| $19.75M | 382.29K | |
| $19.45M | 179.25K | |
| $18.01M | 254.36K | |
| $16.38M | 143.86K | |
| $14.15M | 138.87K | |
| $13.97M | 63.22K | |
| $13.79M | 150.12K | |
| $13.56M | 267.74K | |
| $13.55M | 103.07K | |
| $12.39M | 75.41K | |
| $12.13M | 5.87K | |
| $11.37M | 354.34K | |
| $11.2M | 220.59K | |
| $10.96M | 42.65K | |
| $10.6M | 69.63K | |
| $10.54M | 57.13K |
Holdings list only includes long positions.
Only includes long positions.
Calendar
6 May 21
28 Jul 21
31 Dec 21
Financial summary
Quarter (USD) |
Mar 21 | Dec 20 | Sep 20 | Jun 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.35B | 1.35B | 1.35B | 1.35B | 1.35B | 1.35B |
| Cash burn (monthly) | 119.33M | 404.33M | (positive/no burn) | (positive/no burn) | 214M | 46.92M |
| Cash used (since last report) | 466.62M | 1.58B | n/a | n/a | 836.79M | 183.46M |
| Cash remaining | 883.38M | -231.04M | n/a | n/a | 513.21M | 1.17B |
| Runway (months of cash) | 7.4 | -0.6 | n/a | n/a | 2.4 | 24.9 |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 30 Jun 21 | Connelly Deirdre P | Phantom Stock Unit Common Stock | Grant | Aquire A | No | No | 62.84 | 656.43 | 41.25K | 16,695.59 |
| 30 Jun 21 | Johnson Eric G | Phantom Stock Unit Common Stock | Grant | Aquire A | No | No | 62.84 | 656.43 | 41.25K | 56,424.7 |
| 30 Jun 21 | Cunningham William H DR | Phantom Stock Unit Common Stock | Grant | Aquire A | No | No | 62.84 | 1,495.86 | 94K | 124,504.76 |
| 30 Jun 21 | Kelly Gary C | Phantom Stock Unit Common Stock | Grant | Aquire A | No | No | 62.84 | 656.43 | 41.25K | 38,917.42 |
| 30 Jun 21 | Lachman M Leanne | Phantom Stock Unit Common Stock | Grant | Aquire A | No | No | 62.84 | 656.43 | 41.25K | 11,436.45 |
Institutional ownership Q1 2021
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
76.0% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 611 |
| Opened positions | 75 |
| Closed positions | 75 |
| Increased positions | 190 |
| Reduced positions | 220 |
13F shares |
Current |
|---|---|
| Total value | 8.97B |
| Total shares | 144.68M |
| Total puts | 1.23M |
| Total calls | 2.38M |
| Total put/call ratio | 0.5 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 20.09M | $1.25B |
| BLK Blackrock | 15.13M | $942.05M |
| STT State Street | 9.37M | $583.74M |
| FMR | 7.13M | $444.04M |
| Dodge & Cox | 5.68M | $353.75M |
| Lyrical Asset Management | 4.94M | $307.44M |
| LSV Asset Management | 4.22M | $263.03M |
| APG Asset Management | 3.48M | $184.63M |
| Geode Capital Management | 3.16M | $196.44M |
| JPM JPMorgan Chase & Co. | 2.74M | $170.39M |
Financial report summary
?Competition
Aegon N. V. - New York SharesContent analysis
?
| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. freshman Avg
|
|
New words:
AdvantageSM, closely, Department, fewer, Labor, lack, reperform, revolving, social, threshold, worldwide
Removed:
accrue, achievement, assessing, assume, attention, book, capitalize, carry, clarify, CLO, CodificationTM, collateralization, collateralize, collateralizing, collectively, commonly, comparable, concentration, concept, conclude, confirmed, continuing, conversion, correlation, create, declining, decreasing, defaulted, delinquency, deployed, depreciation, design, destabilization, deteriorating, developing, disruption, divided, dynamic, effectively, energy, environmental, establishment, estimating, exclude, existence, experienced, experiencing, explicit, external, fail, fully, generated, greatly, identify, implicit, incidence, inclusion, incorporate, incremental, individually, influence, infringement, inherently, intellectual, intent, internally, involving, irrevocably, lien, lifetime, likewise, liquidation, maintained, maintenance, making, Manual, matrix, maturing, MBS, migration, missed, modeling, monthly, newly, noncredit, nonperforming, originate, OTTI, outlined, paying, phased, pooled, population, positive, previously, promulgation, question, recaptured, recession, reducing, reflecting, reflective, reinvestment, renewing, rental, Repayment, replaced, reposition, representative, requirement, restriction, restructured, resume, returned, reversal, revert, reviewed, revising, scope, sector, securitized, sensitize, similarly, simulate, situated, stability, supportable, Susceptibility, sustainability, temporary, tied, tranche, transitioning, translated, treaty, unchanged, uncollectibility, uncollectible, underwriting, unwound, updating, vacancy, varying, vintage, warranted, waterfall
Financial reports
10-Q
2021 Q1
Quarterly report
6 May 21
10-K
2020 FY
Annual report
18 Feb 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
31 Oct 19
10-Q
2019 Q2
Quarterly report
1 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 FY
Annual report
20 Feb 19
Current reports
8-K
Lincoln Financial Group Commences Exchange Offers and Consent Solicitations for Outstanding Capital Securities
7 Jul 21
8-K
Entry into a Material Definitive Agreement
22 Jun 21
8-K
Submission of Matters to a Vote of Security Holders
7 Jun 21
8-K
Lincoln Financial Group reports first Quarter 2021 Results
5 May 21
8-K
Departure of Directors or Certain Officers
10 Mar 21
8-K
Lincoln Financial Group reports FOURTH Quarter and Net income EPS of $0.74 and adjusted operating EPS of $1.78
3 Feb 21
8-K/A
Departure of Directors or Certain Officers
13 Nov 20
8-K
Lincoln Financial Group reports THIRD Quarter 2020 Results
4 Nov 20
8-K
Lincoln Financial Group Elects Reginald E. Davis to Serve
20 Aug 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
18 Aug 20
Registration and prospectus
FWP
Free writing prospectus
27 Jul 21
FWP
Free writing prospectus
27 Jul 21
425
Business combination disclosure
7 Jul 21
S-4
Registration of securities issued in business combination transactions
7 Jul 21
FWP
Free writing prospectus
4 Jun 21
S-3ASR
Automatic shelf registration
24 May 21
S-3ASR
Automatic shelf registration
25 Sep 20
S-8
Registration of securities for employees
12 Jun 20
424B5
Prospectus supplement for primary offering
11 May 20
FWP
Free writing prospectus
8 May 20
Proxies
DEFA14A
Additional proxy soliciting materials
16 Apr 21
DEF 14A
Definitive proxy
16 Apr 21
DEFA14A
Additional proxy soliciting materials
20 May 20
DEFA14A
Additional proxy soliciting materials
24 Apr 20
DEF 14A
Definitive proxy
24 Apr 20
DEF 14A
Definitive proxy
11 Apr 19
DEFA14A
Additional proxy soliciting materials
11 Apr 19
DEF 14A
Definitive proxy
12 Apr 18
DEFA14A
Additional proxy soliciting materials
12 Apr 18
DEF 14A
Definitive proxy
13 Apr 17
Other
NO ACT
No action letter
8 Feb 17
UPLOAD
Letter from SEC
16 Jun 15
CORRESP
Correspondence with SEC
20 May 15
CORRESP
Correspondence with SEC
26 Apr 15
UPLOAD
Letter from SEC
23 Apr 15
UPLOAD
Letter from SEC
23 Dec 13
CORRESP
Correspondence with SEC
1 Dec 13
CORRESP
Correspondence with SEC
11 Nov 13
UPLOAD
Letter from SEC
3 Nov 13
CORRESP
Correspondence with SEC
9 Oct 13
Ownership
4
LINCOLN NATIONAL / MICHAEL F MEE ownership change
2 Jul 21
4
LINCOLN NATIONAL / Reginald E Davis ownership change
2 Jul 21
4
LINCOLN NATIONAL / GEORGE W HENDERSON III ownership change
2 Jul 21
4
LINCOLN NATIONAL / PATRICK S PITTARD ownership change
2 Jul 21
4
LINCOLN NATIONAL / LYNN M UTTER ownership change
2 Jul 21
4
LINCOLN NATIONAL / ERIC G JOHNSON ownership change
2 Jul 21
4
LINCOLN NATIONAL / WILLIAM H DR CUNNINGHAM ownership change
2 Jul 21
4
LINCOLN NATIONAL / GARY C KELLY ownership change
2 Jul 21
4
LINCOLN NATIONAL / M LEANNE LACHMAN ownership change
2 Jul 21
4
LINCOLN NATIONAL / Deirdre P Connelly ownership change
2 Jul 21
Transcripts
2021 Q1
Earnings call transcript
6 May 21
2020 Q4
Earnings call transcript
4 Feb 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
6 Aug 20
2020 Q1
Earnings call transcript
8 May 20
2019 Q4
Earnings call transcript
6 Feb 20
2019 Q3
Earnings call transcript
31 Oct 19
2019 Q2
Earnings call transcript
1 Aug 19
2019 Q1
Earnings call transcript
2 May 19
2018 Q4
Earnings call transcript
7 Feb 19
Reddit threads
Daily Discussion Thread - July 9th, 2021
9 Jul 21
Daily Discussion Thread - July 8th, 2021
8 Jul 21
Daily Discussion Thread - July 7th, 2021
7 Jul 21
Daily Discussion Thread - July 6th, 2021
6 Jul 21
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