LNC — Lincoln National Corporation

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates LNC Bearish with a Setup Score of 0, net conviction 20, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction20
Actionability0 (no mans land)

Key signals behind this score

About Lincoln National Corporation

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 Life Insurance segment provides life insurance products, including term insurance, universal life insurance (UL), indexed universal life insurance, variable universal life insurance (VUL), linked-benefit … Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$42.38
Market Cap$8.04B
Float171.5M
Shares Outstanding191.4M
P/E (Forward)4.08
P/E (TTM)3.66
Price/Sales (TTM)0.41
vs. Analyst Target+11.1% to analyst PT
Profit Margin12.17%
Operating Margin (TTM)4.61%
Revenue (TTM)$19.39B
Earnings Growth (YoY)76.80%
Dividend Rate1.8%
Analyst Target Price$47.08 (13 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $17.58B $499M $3.46B $744M
2021 $17.61B $3.78B $3.90B $4.96B
2022 $18.78B -$2.23B $18.78B $6.38B
2023 $11.71B -$752M $50.0M -$773M
2024 $17.99B $3.27B $4.60B $4.45B
2025 $18.21B $1.18B $10.44B $1.56B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $4.59B $445M
Dec 2025 $4.92B $754M
Mar 2026 $5.31B -$172M
Jun 2026 $4.54B $1.33B

Ownership & Float

Insider Ownership0.3%
Institutional Ownership87.0%
Short Float6.1%
% of All Funds Holding6.98%
Number of Funds Holding614

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$41.87Near-term / short-term trend
Weekly40-Week SMA$39.31Medium-term trend
Weekly80-Week SMA$38.00Cyclical trend (business cycle)
Weekly200-Week SMA$32.53Secular trend (multi-year)
Monthly10-Month SMA$39.35Near-term monthly trend
Monthly20-Month SMA$38.33Medium-term monthly trend
Monthly40-Month SMA$33.53Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$35.60 support 1.18x 0 months ago

Historical Earnings Reactions (122 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.25% 0.21% 56.56% 14.77% -24.22%
1 Day 0.21% 0.14% 50.82% 32.96% -33.15%
1 Week 0.76% 1.66% 62.30% 23.14% -33.53%
2 Weeks 1.06% 1.36% 59.84% 43.81% -36.92%
1 Month 1.56% 1.88% 59.50% 64.99% -49.18%

Next earnings: October 18, 2026 (54 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.3%60.9%46
Feb-0.8%60.9%46
Mar-0.6%43.5%46
Apr2.2%46.8%47
May2.9%59.6%47
Jun-0.7%53.2%47
Jul2.5%59.6%47
Aug1.0%56.5%46
Sep-2.1%41.3%46
Oct0.7%58.7%46
Nov3.4%63.0%46
Dec1.1%56.5%46

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.02% 47.6% 2212
Tuesday 0.11% 49.9% 2401
Wednesday 0.04% 48.1% 2399
Thursday -0.01% 49.2% 2353
Friday 0.13% 49.7% 2337

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 87.0%

Insider Transactions — Smart Summary

Total insider ownership: 0.3%

12-Month Insider Activity Summary

Total Filings10
Net Value-$3.3M
Net Shares Change-103,276
% of Float-0.1%
C-Suite Filings8
Clusters Detected0

Key Insiders

NameTitleNet ValueFilingsActivity
Woodroffe Sean EVP, Ch Ppl Comms Ent Srvc Off -$2.0M 4 4 sell
Beazer CraigT T EVP & General Counsel -$1.0M 1 1 sell
KELLY GARY C -$397,673.575 1 1 sell
Kennedy John Christopher EVP, Chief Dist. & Brand Off -$155,363.85 1 1 sell
Reid James Waltman EVP Workplace Solutions -$127,520.5 1 1 sell
Ryan Owen +$84,340 1 1 buy
Charters Jennifer EVP, Chief Information Officer +$9,783 1 1 buy

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-08-18 Woodroffe Sean EVP, Ch Ppl Comms Ent Srvc Off -$498,080 Transaction at $45.28, now -6.4%
2026-06-08 Beazer CraigT T EVP & General Counsel -$1.0M Transaction at $34.45, now +23.0%
2026-06-03 Woodroffe Sean EVP, Ch Ppl Comms Ent Srvc Off -$868,750 Transaction at $34.75, now +22.0%
2026-08-14 KELLY GARY C -$397,673.575 Transaction at $26.50, now +59.9%
2026-03-16 Charters Jennifer EVP, Chief Information Officer +$9,783 Transaction at $32.61, now +30.0%
2025-11-14 Ryan Owen +$84,340 Transaction at $42.17, now +0.5%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Lincoln National Corporation (LNC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for LNC on Trend Edge →