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Lincoln National (LNC) Company Profile

Updated Jun 19, 2020
Lincoln National has the following business profile:
Company's Full Name:Lincoln National
Short Name:Lincoln National
Trading Ticker Symbol:LNC
Primary Exchange:NYSE
Headquarter City/Country:Radnor, Pennsylvania
Primary Industry Sector:Finance
Seconday Sub-sector:Life Insurance
Main Business Areas: Finance, Life Insurance, Financial Services, Insurance, High Beta, S&P 500
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Lincoln National stock

Market and Trading Information for Lincoln National

The following details were available for trading and market data about the stock of Lincoln National as of writing:
Current Share Price:$39.6
Previous Year's Closing Price:$59.01
Percentage Price Change (YTD):-32.89%
Market Cap:$7.65 billion
52-week Price Range:$16.11 - $67.17
Dividend Per Share:$1.51
EPS (TTM):3.32
Price-Earnings (Trailing):11.94
Price-Earnings (Forward):4.16

Company Profile and Business Description for Lincoln National

Lincoln National Corporation, incorporated on January 5, 1968, is a holding company, which operates insurance and retirement businesses through its subsidiary companies. The Company operates in four segments: Annuities, Retirement Plan Services, Life Insurance and Group Protection. Through its segments, the Company sells a range of wealth protection, accumulation and retirement income products and solutions. These products include fixed and indexed annuities, variable annuities, universal life insurance (UL), variable universal life insurance (VUL), linked-benefit UL, term life insurance, indexed universal life insurance, employer-sponsored retirement plans and services, and group life, disability and dental.

Annuities

The Annuities segment provides tax-deferred investment growth and lifetime income opportunities for its clients by offering fixed (including indexed) and variable annuities. The Company offers guaranteed benefit riders with certain of its variable annuity products, such as a guaranteed death benefit (GDB), a guaranteed withdrawal benefit (GWB), a guaranteed income benefit (GIB) and a combination of such benefits. It offers product riders, including the Lincoln Lifetime Income Advantage 2.0 (Managed Risk) and Lincoln Lifetime Income Advantage 2 riders, which are hybrid benefit riders combining aspects of GWB and GIB. Contract holders under Lincoln Lifetime Income Advantage 2 (Managed Risk) are subject to the allocation of their account value to its Managed Risk Strategies fund options and certain fixed-income options. Contract holders under Lincoln Lifetime Income Advantage 2 are subject to restrictions on the allocation of their account value within the various investment choices.

The Company offers the i4LIFE Advantage, i4LIFE Advantage Guaranteed Income Benefit (Managed Risk) and i4LIFE Advantage Guaranteed Income Benefit riders. These riders allow variable annuity contract holders access and control during a portion of the income distribution phase of their contract. Contract holders under i4LIFE Advantage Guaranteed Income Benefit (Managed Risk) are subject to the allocation of their account value to its Managed Risk Strategies fund options and certain fixed-income options. Contract holders under i4LIFE Advantage Guaranteed Income Benefit are subject to restrictions on the allocation of their account value within the various investment choices.

The Company offers the 4LATER Advantage (Managed Risk) rider, which provides a minimum income base used to determine the GIB floor when a client begins income payments under i4LIFE Advantage Guaranteed Income Benefit (Managed Risk). 4LATER Advantage (Managed Risk) rider provides growth during the accumulation phase. Contract holders under the 4LATER Advantage (Managed Risk) rider are subject to the allocation of their account value to its Managed Risk Strategies fund options and certain fixed-income options. The Company offers single and flexible premium fixed deferred annuities. Single premium fixed deferred annuities are contracts that allow only a single premium to be paid. Flexible premium fixed deferred annuities are contracts that allow multiple premium payments on either a scheduled or non-scheduled basis. Its Lincoln Lifetime Income Edge provides the contract holder a lifetime withdrawal benefit.

Retirement Plan Services

The Retirement Plan Services segment provides employers with retirement plan products and services, primarily in the defined contribution retirement plan marketplace. The Company focuses on employer-sponsored defined contribution plans. It also serves the defined benefit plan and individual retirement account (IRA) markets. It provides a range of plan investment vehicles, including individual and group variable annuities, group fixed annuities and mutual fund-based programs. It also offers an array of plan services, including plan recordkeeping, compliance testing, participant education and trust and custodial services through its affiliated trust company, the Lincoln Financial Group Trust Company.

The Retirement Plan Services segment offers approximately three primary offerings to the employer-sponsored market: LINCOLN DIRECTOR group variable annuity, LINCOLN ALLIANCE program and Multi-Fund variable annuity. Retirement Plan Services also provides a series of IRA products, including the Lincoln Next Step and the Lincoln Next Step Select IRA. Additionally, it also offers the Lincoln Secured Retirement Income, a guaranteed withdrawal benefit (GWB) product available through a group variable annuity contract. The Company's LINCOLN DIRECTOR and Multi-Fund products are variable annuities. The LINCOLN ALLIANCE program is a mutual fund-based record-keeping platform. The LINCOLN DIRECTOR product offers participants an array of investment options from several fund families and a fixed account.

The Company's product, Multi-Fund Variable Annuity, is a defined contribution retirement plan solution with full-bundled administrative services and investment choices for small- to mid-sized healthcare, education, governmental and not-for-profit plans. The product is available to the employer through the Multi-Fund group variable annuity contract or directly to the individual through the Multi-Fund Select variable annuity contract. It earns mortality and expense charges, investment income on the fixed account and surrender charges from this product. It also receives fees for services that provides to funds in the underlying separate accounts. The Lincoln Next Step series of products is a suite of mutual fund-based IRAs available for participants in Lincoln-serviced retirement plans and their spouses. The products can accept rollovers and transfers from other providers, as well as ongoing contributions.

Life Insurance

The Life Insurance segment offers term insurance, both single (including company owned life insurance (COLI) and bank-owned life insurance (BOLI)) and survivorship versions of UL, VUL and IUL products, a linked-benefit product (which is UL with riders providing for long-term care costs) and a critical illness rider, which can be attached to UL, VUL or IUL policies. The Company offers four categories of life insurance products consisting of UL, VUL, Linked-Benefit Life Products and Products with Critical Illness Riders and Term Life Insurance. UL insurance products provide life insurance with account values that earn rates of return based on company-declared interest rates. Contract holder account values are invested in its general account investment portfolio. The Company offers a range of UL products, such as Lincoln LifeGuarantee UL, Lincoln LifeCurrent UL, and Lincoln LifeReserve UL. It also offers fixed IUL products, including Lincoln WealthAdvantage IUL, Lincoln LifeReserve IUL Accumulator, and Lincoln LifePreserve Survivorship IUL.

VUL products are UL products that provide a return on account values linked to an underlying investment portfolio of variable funds offered through the product. The Company's VUL products include single life insurance products, such as Lincoln AssetEdge VUL. It also offers survivorship versions of its individual VUL products, such as Lincoln Preservation Edge SVUL. Its linked-benefit life product, MoneyGuard, combines UL with long-term care insurance with riders. Term life insurance provides a fixed death benefit for a scheduled period.

Group Protection

The Company's Group Protection segment offers group non-medical insurance products, principally term life, disability and dental, to the employer marketplace through various forms of employee-paid and employer-paid plans. The Company offers employer-sponsored group term life insurance products including basic, optional and voluntary term life insurance to employees and their dependents. It offers short- and long-term employer-sponsored group disability insurance, which protects an employee against loss of wages due to illness or injury. It manages employers' family medical and company leave in conjunction with its disability coverage, in order to help employees recover and return to work. It offers a range of employer-sponsored group dental insurance plans, which cover a portion of the cost of eligible dental procedures for employees and their dependents. It also offers vision plans. The Company offers employer-sponsored group accident insurance products for employees and their covered dependents. It offers employer-sponsored group critical illness insurance to employees and their covered dependents. The product also includes Lincoln CareCompass, a package of benefits and services that assists employees and their family members in prevention, early detection and treatment of critical illness events.

150 N RADNOR CHESTER RD

ETFs Holding Lincoln National Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Lincoln National stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Lincoln National stock holding. There are a total of 139 ETFs in Fknol.com records which are holding Lincoln National stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
AMCAiShares Russell 1000 Pure US Revenue ETFThe iShares Russell 1000 Pure US Revenue ETF tracks a market-cap-weighted index of large- and midcap US stocks that generate a substantial portion of their revenue from domestic sales. ...Full Details0.15%409
Full List
Annually
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
Annually
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
Semi-Annually
DGROiShares Core Dividend Growth ETFThe iShares Core Dividend Growth ETF tracks an index of US stocks that are selected by dividends, dividend growth and payout ratio, then weighted by dividend dollars. ...Full Details0.08%449
Full List
Quarterly
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List
Annually
DSIiShares MSCI KLD 400 Social ETFThe iShares MSCI KLD 400 Social ETF tracks a market-cap-weighted index of 400 companies deemed to have positive environmental, social and governance characteristics by MSCI. ...Full Details0.25%402
Full List
Quarterly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
EPSWisdomTree US Earnings 500 ETFThe WisdomTree U.S. Earnings 500 Fund tracks an earnings-weighted index of the 500 largest US companies that have generated positive earnings in the past calendar year. ...Full Details0.28%493
Full List
Quarterly
EQRRProShares Equities for Rising Rates ETFThe ProShares Equities for Rising Rates ETF tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. ...Full Details0.35%51
Full List
Quarterly

See Full List of ETFs holding Lincoln National stock in their respective portfolios.

Peer / Competitor Companies of Life Insurance Sector

Along with Lincoln National, the following other peer (competitor) companies also exist within the same Life Insurance - Finance sector whose company profile and dividend history is as follows:

▶ Aegon NV (AEG): Aegon N.V., incorporated in 1983, is an international life insurance, pensions and asset management company. The Companys segments include the Americas, which includes the United States, Mexico and Brazil; the ....See Detailed Company Profile,  Dividend History

▶ American Equity Investment Life Holding (AEL): American Equity Investment Life Holding Company, through its subsidiaries, provides life insurance products and services in the United States. The company issues fixed index and rate annuities; and si....See Detailed Company Profile,  Dividend History

▶ American National Insurance (ANAT): American National Insurance Company is engaged in life insurance, annuities, and property and casualty insurance. The Company also offers limited health insurance. The Company provides personalized service to approximately six ....See Detailed Company Profile,  Dividend History

▶ Athene Holding (ATH): Athene Holding Ltd. is an insurance holding company. The Companys segments include Retirement Services, Corporate and Other. Retirement Services segment consists of the United States and Bermuda operations, which issue ....See Detailed Company Profile,  Dividend History

▶ Atlantic American (AAME): Atlantic American Corporation, incorporated on January 4, 1968, is a holding company that operates through its subsidiaries in specialty markets within the life and health, and property and casualty insurance ....See Detailed Company Profile,  Dividend History

▶ China Life Insurance (LFC): China Life Insurance Company Limited, incorporated on June 30, 2003, is a life insurance company. The Company provides a range of insurance products, including individual and group life insurance, health ....See Detailed Company Profile,  Dividend History

▶ Citizens (CIA): Citizens, Inc. (Citizens), incorporated on November 8, 1977, is an insurance holding company. The Company operates in three business segments: Life Insurance, Home Service and Other Non-Insurance Enterprises. The Companys ....See Detailed Company Profile,  Dividend History

▶ FBL Financial (FFG): FBL Financial Group, Inc., incorporated on October 13, 1993, sells individual life insurance and annuity products principally under the consumer brand name of Farm Bureau Financial Services. The Companys segments ....See Detailed Company Profile,  Dividend History

▶ Genworth Financial (GNW): Genworth Financial, Inc., incorporated on December 5, 2012, provides mortgage insurance products that allow people to purchase homes. The Company offers individual and group long-term care insurance products to meet ....See Detailed Company Profile,  Dividend History

▶ GWG (GWGH): GWG Holdings, Inc. operates as a financial services company. It purchases life insurance policies at a discount to the face value from the secondary market and policy holders, and continue to pay the ....See Detailed Company Profile,  Dividend History

▶ Independence Holding (IHC): Independence Holding Company (IHC), incorporated on April 23, 1980, is a holding company principally engaged in the life and health insurance business. The Companys segments include Medical Stop-Loss; Fully Insured ....See Detailed Company Profile,  Dividend History

▶ Manulife Financial (MFC): Manulife Financial Corporation, together with its subsidiaries, provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions in Asia, Canada, and the....See Detailed Company Profile,  Dividend History

▶ MetLife (MET): MetLife, Inc. (MetLife), incorporated on August 10, 1999, is a provider of life insurance, annuities, employee benefits and asset management. The Companys segments include U.S.; Asia; Latin America; Europe, the ....See Detailed Company Profile,  Dividend History

▶ National Security (NSEC): The National Security Group, Inc. (NSG), incorporated on March 20, 1990, is an insurance holding company. The Company, through its subsidiaries, operates through two segments: property and casualty insurance, and ....See Detailed Company Profile,  Dividend History

▶ National Western Life (NWLI): National Western Life Group, Inc., incorporated on March 6, 2015, is a stock life insurance company. The Companys segments include Domestic Life Insurance, International Life Insurance, Annuities and All Others. ....See Detailed Company Profile,  Dividend History

▶ Primerica (PRI): Primerica Inc. (Primerica), incorporated on October 26, 2009, is a distributor of financial products to middle-income households in the United States and Canada. The Company operates through three segments: Term ....See Detailed Company Profile,  Dividend History

▶ Prudential Financial (PRU): Prudential Financial, Inc., incorporated in 1999, is a financial services company. The Company, through its subsidiaries and affiliates, offers a range of financial products and services, which includes life insurance, ....See Detailed Company Profile,  Dividend History

▶ Prudential Financial (PJH): Prudential Financial, Inc., incorporated in 1999, is a financial services company. The Company, through its subsidiaries and affiliates, offers a range of financial products and services, which includes life insurance, ....See Detailed Company Profile,  Dividend History

▶ Prudential Financial (PRH): Prudential Financial, Inc., incorporated in 1999, is a financial services company. The Company, through its subsidiaries and affiliates, offers a range of financial products and services, which includes life insurance, ....See Detailed Company Profile,  Dividend History

▶ Prudential Public (PUK): Prudential plc, together with its subsidiaries, provides a range of retail financial products and services, and asset management services in Asia, the United States, the United Kingdom, Europe, and Africa. The ....See Detailed Company Profile,  Dividend History

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