Added to YB: 2024-12-03
Pitch date: 2024-12-01
LNC [neutral]
Lincoln National Corporation
+33.42%
current return
Author Info
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Company Info
Lincoln National Corporation, through its subsidiaries, operates multiple insurance and retirement businesses in the United States.
Market Cap
$7.4B
Pitch Price
$33.77
Price Target
N/A
Dividend
4.59%
EV/EBITDA
9.37
P/E
6.53
EV/Sales
0.58
Sector
Insurance
Category
turnaround
What’s Bill Miller Buying Now? Lincoln National Corporation
LNC (quick summary): Life/annuities co. 420% risk-based capital ratio post-asset sales/reinsurance. Strong annuity sales & ops upgrades, but low cash flow (35% conversion 2023) & limited shareholder returns. 5.6x fwd P/E, 5.1% div yield. Undervalued but turnaround through 2026 needs patience. Bill Miller buying.
Read full article (1 min)