Lincoln National Corporation engages in multiple insurance and retirement businesses in the United States. It operates through Annuities, Retirement Plan Services, Life Insurance, and Group Protection segments. The company was founded in 1904 and is based in Radnor, Pennsylvania.
LNC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for LNC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Lincoln National Corp ranked in the 23th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Lincoln National Corp, consider:
Its compound free cash flow growth rate, as measured over the past 5.45 years, is -0.18% -- higher than only 9% of stocks in our DCF forecasting set.
Lincoln National Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Financial Services), Lincoln National Corp has a reliance on debt greater than 70.01% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FDS, HLNE, ICCH, NICK, and WETF can be thought of as valuation peers to LNC, in the sense that they are in the Financial Services sector and have a similar price forecast based on DCF valuation.
Lincoln National (LNC) declares $0.40/share quarterly dividend, in line with previous.Forward yield 4.46%Payable Nov. 1; for shareholders of record Oct. 12; ex-div Oct. 9.See LNC Dividend Scorecard, Yield Chart, & Dividend Growth....
Benefitfocus, Inc. (NASDAQ: BNFT), a technology platform provider enabling rapid innovation for employers, health plans and consumers, has added a portfolio of financial protection solutions from Lincoln Financial Group (NYSE: LNC) to the ever-growing range of products and services in its Benefit Catalog.