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Lincoln National Corporation stock reached a 52-week high of $42.93, reflecting the company’s strong performance over the past year. According to InvestingPro analysis, the stock appears slightly undervalued at current levels, trading at an attractive P/E ratio of 7.06. This milestone marks a significant recovery and growth, with the stock delivering an impressive 40.57% return year-to-date. Investors are showing renewed confidence in Lincoln National’s financial stability and growth prospects, particularly noting its 55-year track record of consistent dividend payments, currently yielding 4.21%. For deeper insights into Lincoln National’s valuation and growth potential, check out the comprehensive Pro Research Report available on InvestingPro. This upward trend highlights the company’s resilience and strategic initiatives, positioning it favorably in the financial services sector.
In other recent news, Lincoln Financial Group announced a quarterly cash dividend of $0.45 per share, payable on November 3, 2025, to shareholders of record as of October 10, 2025. In its second-quarter earnings call, Lincoln National reported earnings per share of $2.36, significantly surpassing the forecast of $1.89. However, the company reported revenue of $4.04 billion, missing the expected $4.66 billion by 13.3%. Despite the revenue shortfall, CFRA raised its price target for Lincoln National to $42, citing improved margins and maintaining a Hold rating. Wells Fargo also increased its price target to $37, acknowledging a strong quarter and retaining an Equal Weight rating. These adjustments reflect analyst confidence in Lincoln National’s performance amid recent developments.
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