NYSE · Financial · Insurance - Life · USA
Lincoln National Corp is a mid cap company (market value between $2 billion and $10 billion) in the Insurance - Life industry.
Lincoln National Corp is a holding company offering annuities, life insurance, group protection and retirement plan services to individual and institutional customers. The company distributes variable annuities, fixed annuities and registered index-linked annuities through financial intermediaries, brokers and employee benefit firms.
From its FY2025 annual report (Form 10-K)
Intrinsic value, DCF valuation, financial health and value investing analysis for the Lincoln National Corp stock.
Undervalued: intrinsic value $148.59 per share, market price $39.28, margin of safety 73.6% (as of 2026-10-19).
Book value at 2.50x, the multiple a 22.6% return on equity justifies, blended with earnings, values the shares at $148.59; the price of $39.28 is 74% below that value.
Leak Score: 54/100 on 9 of 12 signals (Weak Signal).
17 more funds hold it; the full list is part of the paid plan.
All 18 Insurance - Life stocks
LNC is undervalued (as of the 2026-10-19 close). Book value at 2.50x, the multiple a 22.6% return on equity justifies, blended with earnings, values the shares at $148.59; the price of $39.28 is 74% below that value.
$148.59 per share (as of the 2026-10-19 close), against a market price of $39.28. That is a margin of safety of 73.6%. The value is the average of the valuation methods that apply to this company, recomputed every night after the US close.
54 out of 100, which we rate "Weak Signal", on 9 of 12 value investing signals.