9 Best Life Insurance Stocks to Buy Now

2. Lincoln National Corporation (NYSE:LNC)

Number of Hedge Fund Holders: 44

Analysts’ Upside Potential as of December 4: 1.08%

Lincoln National Corporation (NYSE:LNC) is one of the Best Insurance Stocks. 

As of December 5, Lincoln National Corporation (NYSE:LNC) has posted strong year-to-date returns of 35%. That said, analyst opinions on the stock are cautious, with the consensus 1-year median price target of $43.00 implying a meager 1% upside.

On November 13, 2025, Lincoln National Corporation (NYSE:LNC) reported that its Board of Directors declared a quarterly cash dividend of $0.45 per share on its common stock. The dividend will be paid on February 2, 2026, to shareholders of record as of January 12, 2026.

Separately, on November 17, 2025, the firm revealed that John Muething had been appointed Head of Investor Relations and Vice President, Financial Planning and Analysis (FP&A) at Lincoln National Corporation (NYSE:LNC). Lincoln National Corporation (NYSE:LNC) noted that Muething’s expanded role aims to unify financial planning and investor relations responsibilities. Vice President Scott West will continue to oversee daily IR operations and submit reports to Muething.

Lincoln National Corporation (NYSE:LNC) has been working to strengthen its balance sheet, capital position, and sustainable growth. Operating income climbed for the fifth consecutive quarter, annuity sales were high, and the profitability of the Life division increased in the third quarter.

Lincoln National Corporation (NYSE:LNC) operates multiple insurance and retirement services. The company reported $347 billion in end-of-period account balances, net of reinsurance, as of September 30, 2025, and served almost 17 million clients as of December 31, 2024.