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, LNC+D
Exchange
Website
CEO
Dennis Glass
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
LINCOLN NATIONAL CORP ET AL
SEC CIK
Corporate docs
Subsidiaries
First Penn-Pacific Life Insurance Company • Jefferson-Pilot Investments, Inc. • Lincoln Financial Securities Corporation • Lincoln Insurance Services Limited • Lincoln Investment Management Company • Lincoln Financial Limited Liability Company • Lincoln National Management Corporation • Lincoln National Reinsurance Company (Barbados) Limited • Lincoln Financial Reinsurance Company • The Lincoln National Life Insurance Company ...
IRS number
351140070
LNC stock data
Analyst ratings and price targets
Latest filings (excl ownership)
FWP
Free writing prospectus
24 Mar 23
FWP
Free writing prospectus
24 Mar 23
S-3ASR
Automatic shelf registration
24 Feb 23
8-K
Departure of Directors or Certain Officers
21 Feb 23
10-K
2022 FY
Annual report
16 Feb 23
8-K
Lincoln Financial Group reports Fourth Quarter and Net income EPS of $0.01 and adjusted operating EPS of $0.97
8 Feb 23
8-K
Lincoln Financial Group Appoints Christopher Neczypor Chief Financial Officer
8 Feb 23
CERT
Certification of approval for exchange listing
29 Nov 22
8-A12B
Registration of securities on exchange
22 Nov 22
8-K
Material Modifications to Rights of Security Holders
22 Nov 22
Transcripts
LNC
Earnings call transcript
2022 Q4
9 Feb 23
LNC
Earnings call transcript
2022 Q3
3 Nov 22
LNC
Earnings call transcript
2022 Q2
4 Aug 22
LNC
Earnings call transcript
2022 Q1
5 May 22
LNC
Earnings call transcript
2021 Q4
3 Feb 22
LNC
Earnings call transcript
2021 Q3
4 Nov 21
LNC
Earnings call transcript
2021 Q2
5 Aug 21
LNC
Earnings call transcript
2021 Q1
6 May 21
LNC
Earnings call transcript
2020 Q4
4 Feb 21
LNC
Earnings call transcript
2020 Q3
5 Nov 20
Latest ownership filings
4
Kenneth S. Solon
24 Feb 23
4
John Christopher Kennedy
22 Feb 23
4
Christopher M Neczypor
22 Feb 23
4
Ellen Cooper
22 Feb 23
4
Jennifer Warne Krow
22 Feb 23
4
Jayson R Bronchetti
22 Feb 23
4
Kenneth S. Solon
22 Feb 23
4/A
Ellen Cooper
21 Feb 23
4
Kenneth S. Solon
17 Feb 23
4
Jennifer Warne Krow
17 Feb 23
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.34 bn | 3.34 bn | 3.34 bn | 3.34 bn | 3.34 bn | 3.34 bn |
Cash burn (monthly) | (no burn) | (no burn) | 11.67 mm | 234.25 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 33.15 mm | 665.55 mm | n/a | n/a |
Cash remaining | n/a | n/a | 3.31 bn | 2.68 bn | n/a | n/a |
Runway (months of cash) | n/a | n/a | 283.7 | 11.4 | n/a | n/a |
Institutional ownership, Q4 2022
81.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 558 |
Opened positions | 84 |
Closed positions | 125 |
Increased positions | 184 |
Reduced positions | 208 |
13F shares | Current |
---|---|
Total value | 4.18 tn |
Total shares | 137.11 mm |
Total puts | 2.08 mm |
Total calls | 1.82 mm |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 20.07 mm | $616.52 bn |
BLK Blackrock | 13.82 mm | $424.49 bn |
STT State Street | 9.47 mm | $290.99 bn |
IVZ Invesco | 4.81 mm | $147.78 bn |
AMP Ameriprise Financial | 4.49 mm | $137.81 bn |
Millennium Management | 4.42 mm | $136.66 bn |
MS Morgan Stanley | 4.33 mm | $133.13 bn |
Dodge & Cox | 4.31 mm | $132.43 bn |
Lyrical Asset Management | 3.38 mm | $104.63 bn |
Geode Capital Management | 3.32 mm | $102.50 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Feb 23 | Solon Kenneth S. | Common Stock | Discretionary | Dispose I | Yes | No | 32.08 | 3,084.07 | 98.94 k | 3,241.68 |
22 Feb 23 | Solon Kenneth S. | Phantom Stock Unit Common Stock | Discretionary | Acquire I | No | No | 32.32 | 31,031.38 | 1.00 mm | 31,031.38 |
19 Feb 23 | Solon Kenneth S. | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 2,693 | 91.08 k | 109,120.03 |
19 Feb 23 | Ellen Cooper | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 2,759 | 93.31 k | 200,221.27 |
19 Feb 23 | John Christopher Kennedy | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 615 | 20.80 k | 29,152.35 |
19 Feb 23 | Christopher M Neczypor | Common Stock | Payment of exercise | Dispose F | No | No | 33.82 | 540 | 18.26 k | 28,634.86 |
News
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24 Mar 23
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16 Mar 23
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15 Mar 23
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13 Mar 23
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9 Mar 23
Press releases
Lincoln Financial Group named to FlexJobs' Top 100 Companies to Watch for Remote Jobs
20 Mar 23
Lincoln Financial Group named one of the World's Most Ethical Companies® by Ethisphere for second consecutive year
15 Mar 23
Lincoln Financial Group names Heather Deichler as head of Group Benefit Product and Underwriting
14 Mar 23
Lincoln Financial Network welcomes pair of Heritage Financial Consultants financial professionals
9 Mar 23
Lincoln Financial Group Further Enhances Industry-Leading MoneyGuard® Suite
8 Mar 23