|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||68.50 - 69.12|
|52 Week Range||63.10 - 86.68|
|PE Ratio (TTM)||7.48|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||1.32 (1.95%)|
|1y Target Est||86.62|
One of the most difficult industry to value is insurance, given that they adhere to different rules compared to other companies. For example, insurance firms don’t have gross profits asRead More...
A.M. Best has removed from under review with developing implications, upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a”, and affirmed the Financial Strength Rating of A (Excellent) of Liberty Life Assurance Company of Boston (LLAC) (Dover, NH). The outlook assigned to these Credit Ratings (ratings) is stable. The upgrade of the Long-Term ICR follows the completion of LLAC’s acquisition by The Lincoln National Life Insurance Company, the lead insurance company of Lincoln National Corporation (Lincoln) [NYSE:LNC], effective May 1, 2018.
Lincoln Financial Group (LNC) announced today that it has been named one of the Forbes America’s Best Employers for 2018 in the Banking and Financial Services sector. This marks the second time that Lincoln Financial has achieved recognition on the list, which spotlights the top 500 large U.S. companies across 25 different industries. “Our success is underpinned by our exceptional employees whose contributions make Lincoln Financial a market leader,” said Dennis R. Glass, president and CEO, Lincoln Financial Group.
ATLANTA, May 14, 2018 /PRNewswire/ -- The Impact Partnership announced today a new partnership with Lincoln Financial Group (LNC) to launch Lincoln Impact AdvantageSM, a fixed indexed annuity providing higher net worth clients with competitive upside opportunities through equity-like returns while protecting from equity-like losses. Lincoln Impact AdvantageSM features the Balanced Capital Strength 6 Index, utilizing First Trust's Smart Beta Strategy. The solution is designed for clients who seek the stability that a fixed annuity can provide, combined with growth potential.
Lincoln Financial Group announced today that it will hold its annual meeting of shareholders on Friday, May 25, 2018, at 9:00 a.m. Eastern Time in Philadelphia. Shareholders are invited to attend.
Lincoln Financial Group (LNC) today announced the latest addition to its broad suite of life insurance products, Lincoln WealthAccumulateSM Indexed Universal Life (IUL). Lincoln WealthAccumulateSM IUL provides clients the flexibility to achieve a wide range of financial goals as life changes, offering significant cash value growth opportunities and supplemental income through distributions. “As clients move through life’s stages, financial planning needs evolve, requiring solutions that can keep pace” said Stafford Thompson, Jr., senior vice president of Life Product Management, Lincoln Financial Group.
Axa Equitable priced at $20 and began trading Thursday at the NYSE at $19.75. The IPO raised $2.75 billion, making it the biggest U.S. IPO this year but it still fell short of Axa's targeted range. Axa CS-FR 's $15.3 billion takeover of global property casualty firm XL Group was a monster deal in the insurance world, but Paris-based Axa's plan to pay for the acquisition has come up short.
NEW YORK, May 10, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Antero ...
Lincoln Financial Group announced today that Sean Hutchinson, vice president, Customer Experience Marketing, Retirement Plan Services, was recognized by LIMRA as a “Rising Star of Retirement Under 40.” This distinction honors young professionals who are not only adapting to the changes in the retirement industry, but who are successfully and creatively navigating these challenges to keep American workers ...
Lincoln Financial Network , the retail wealth management affiliate of Lincoln Financial Group , today announced the results of The Resource Group’s 2018 Annual Meeting.
The Radnor, Pennsylvania-based company said it had profit of $1.64 per share. Earnings, adjusted for non-recurring costs and to extinguish debt, were $1.97 per share. The results exceeded Wall Street expectations. ...
Lincoln Financial Group today reported net income for the first quarter of 2018 of $367 million, or $1.64 per diluted share available to common stockholders, compared to net income in the first quarter of 2017 of $435 million, or $1.89 per diluted share available to common stockholders.
Five months after the deal was announced, Lincoln Financial Group has closed on the acquisition of Liberty Life Assurance
With the deal completed, Lincoln Financial said the combined company a will be a group benefits market leader, ranking number one in fully insured disability sales with 14 percent market share and third in life and fully insured disability sales.
Lincoln Financial Group (LNC) announced today that it has completed its previously announced acquisition of Liberty Life Assurance Company of Boston, expanding Lincoln Financial’s group benefits market leadership position and expertise across all size employers. The transaction included reinsuring Liberty’s Individual Life and Annuity business to Protective Life Insurance Company. “With the completion of this transaction, we have significantly increased our presence in the group benefits market while executing on our strategic priority to diversify our sources of earnings and leverage the strength of our balance sheet,” said Dennis R. Glass, president and chief executive officer of Lincoln Financial Group.
Insurance stocks in the first quarter are likely to benefit from a positive operating environment, fundamental strength of insurers and a lower tax rate.
Lincoln Financial Network , the retail wealth management affiliate of Lincoln Financial Group , announced today that Wendy Boyd has been named vice president of its Strategic Alliances program.
Lincoln Financial Group (NYSE:LNC) announced today that 200 care packages will be sent to active U.S. servicemembers thanks to a recent volunteer effort led by more than 100 of its Information Technology Department employees. Each package will be distributed to active deployed military personnel by Liberty USO, an organization whose mission is to enhance the quality of life of the U.S. Armed Forces personnel and their families. Lincoln teamed up with Widely Different, a team building company that partners with corporations like Lincoln Financial across the country, to design and execute the event.
Delta Air Lines, Goodyear Tire & Rubber and Lincoln National Corp may have more upside than their discounted share prices suggest, Barron's reported. Delta, which closed at $55.40 per share on Friday, is at 8.6 times earnings, a valuation Morgan Stanley analyst Rajeev Lalwani called "just too low," according to Barron's.
A solid start to earnings season helped push share prices higher earlier this week, and the Standard & Poor’s 500 index crept toward 17 times forward earnings estimates. A recent search for stocks selling for around half or less of the index’s valuation turned up just over a dozen names. Micron Technology (MU), the cheapest stock in the S&P 500, at 4.7 times forward earnings projections, has the other problem.
By a 4 to 1 vote, the Securities and Exchange Commission proposed a rule to establish a standard of conduct for broker-dealers, which will require complying with obligations of disclosure, care and conflicts of interest. The new rules also will require registered investment advisers and broker-dealers to provide to retail investors a brief relationship summary that isn't longer than four pages, with information on issues such as fees and conflicts of interest. It would also clarify the definition of the fiduciary duty for investment advisers.
A solid start to earnings season has helped push share prices higher this week, and the Standard & Poor’s 500 index is creeping toward 17 times forward earnings estimates. A handful of shares remain deeply discounted, however. For example, Viacom (VIAB), at 7.6 times earnings, owns a badly slumping movie studio, Paramount Pictures, and cable television networks that skew young, like Comedy Central, Nickelodeon, and MTV.