Author is long Lincoln National (LNC), citing strong earnings and a plan to retire preferred stock before raising the dividend, while puzzled by recent selling pressure.
LNC — LONG The author has been accumulating Lincoln National since around $18 and continues to buy, with an average cost of $28.82, based on a strong earnings report (EPS $3.8, adjusted operating income $2.21/share). The stated catalyst is the company's plan to retire roughly $1B of preferred stock by end of next year or early 2028, after which it intends to increase the dividend. The author acknowledges the plan assumes no major market downturn or catastrophic event, and is puzzled by persistent selling despite the good results.
I having riding this train since $18 something. I keep buying and my average cost is now $28.82.
This Reddit post, published February 13, 2026, features u/erichang discussing LNC. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/erichang · Tickers: LNC