Lincoln Natl Corp Ind Stock Price, News & Analysis

Lincoln Financial (NYSE: LNC) has announced the election of James (Jim) Morris to its Board of Directors, effective March 3, 2025. This appointment increases the board size from ten to eleven directors. Morris, who retired as Chairman, President and CEO of Pacific Life Insurance Company in April 2022, brings 40 years of industry experience to the role.

During his tenure at Pacific Life, Morris held various leadership positions including Chief Operating Officer, Executive Vice President, and Chief Insurance Officer. He currently serves on the Board of Directors for Edison International. Ellen Cooper, Chairman, President and CEO of Lincoln Financial, highlighted Morris's significant background in life insurance and his financial and risk management expertise as valuable assets for the company.

Lincoln Financial (NYSE:LNC) has announced a quarterly cash dividend of $0.45 per share on the 's common stock. The dividend will be payable on May 1, 2025, to shareholders of record at the close of business on April 10, 2025.

Lincoln Financial (NYSE: LNC) reported strong Q4 2024 results with net income of $1.7 billion ($9.63 per diluted share) and adjusted operating income of $332 million ($1.91 per diluted share). The company's RBC ratio exceeded 430% at year-end.

Key business highlights include:

• Group Protection achieved record Q4 and full-year sales, earnings, and margin
• Annuities generated 14% higher operating income reaching $303 million, with sales hitting $3.7 billion
• Life Insurance reported a $15 million operating loss due to unfavorable mortality
• Retirement Plan Services saw operating income increase 13% to $43 million, with full-year deposits up 25%

The company maintained strong capital position with holding company liquidity of $463 million and book value per share of $42.60 including AOCI. Total annuity sales increased 7% year-over-year, reaching their highest level since 2019.

Lincoln Financial (NYSE:LNC) has announced dividend declarations for two preferred stock series. The board approved a semi-annual dividend of $1,156.25 per share on the 9.250% Fixed Rate Reset Non-Cumulative Preferred Stock, Series C ($46.25 per depositary share, with each depositary share representing 1/25th interest). Additionally, a quarterly dividend of $562.50 per share was declared on the 9.000% Non-Cumulative Preferred Stock, Series D ($0.5625 per depositary share, with each depositary share representing 1/1,000th interest). Both dividends will be paid on March 1, 2025, to shareholders of record as of February 14, 2025.

Lincoln Financial (NYSE: LNC) has launched two new Variable Universal Life (VUL) products: an enhanced Lincoln AssetEdge VUL (2025) and the new Lincoln AssetEdge SVUL. The enhanced VUL (2025) features include a new Enhanced Overloan Protection Endorsement with no upfront fee, removed indexed account allocation threshold, and additional hedged equity investment options with lower fund fees.

The Lincoln AssetEdge SVUL, a survivorship policy covering two lives, offers competitive short-pay pricing, market participation opportunities, and various growth and liquidity options through riders. Both products aim to provide death benefit protection and tax advantages while allowing market-driven wealth accumulation potential. The launch aligns with market trends, as performance-based products represented 70% of VUL products sold in 2023.

Lincoln Financial (NYSE:LNC) has announced its schedule for reporting fourth quarter and full year 2024 financial results. The company will release its earnings report on February 6, 2025, at 6:00 a.m. Eastern Time, followed by a conference call at 8:00 a.m. Eastern Time.

The earnings materials, including the Q4 and full-year Earnings Release, Earnings Supplement, and Statistical Supplement, will be accessible on Lincoln's Investor Relations webpage. An audio webcast of the conference call will be available through the company's website, with participants advised to log in 15 minutes early to install necessary software. A replay will be available by 10:00 a.m. Eastern Time on the same day.

The company has also outlined its 2025 earnings release schedule: First Quarter results on May 8, Second Quarter on July 31, and Third Quarter on October 30, with all releases at 6:00 a.m. ET followed by conference calls at 8:00 a.m. ET.

Lincoln Financial (NYSE: LNC) has released its Q1 Market Intel Exchange report, offering key insights for investors in 2025. The report highlights three main trends: First, while the Federal Reserve is expected to continue its cutting cycle, rate cut expectations are shifting due to stronger economy and stickier inflation projections. Historical analysis shows stocks typically gain +20% in the 12 months following the first cut during non-recessionary periods.

Second, the report examines how the new administration's policies could impact markets, with potential tailwinds from tax cuts and deregulation, but uncertainty regarding trade and immigration policies' inflationary effects. Third, despite the S&P 500's back-to-back 20% gains in 2023 (26.3%) and 2024 (25%), historical data suggests continued positive performance, with an average 12% gain following similar occurrences since 1950.

Lincoln Financial (NYSE: LNC) has appointed Tom Morelli as Vice President, Investment Distribution. Morelli, who previously served as Head of Wealth Management at T. Rowe Price, brings over 25 years of experience in investment distribution. In his new role, he will support the distribution of Lincoln's portfolio of more than 100 sub-advised variable insurance funds, mutual funds, model portfolios, and other investment solutions. At T. Rowe Price, Morelli led significant growth in sales and assets across various product categories. He will report to John Kennedy, Executive Vice President, Chief Distribution and Brand Officer.

Lincoln Financial (NYSE:LNC) has announced a quarterly cash dividend declaration. The company's board of directors has approved a dividend of $0.45 per share on common stock. The dividend will be paid on February 3, 2025, to shareholders who are recorded as stockholders by the close of business on January 10, 2025.