Lincoln National Corp (Radnor PA) (LNC): Today's Featured Insurance Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Lincoln National Corp (Radnor ( LNC) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.4%. By the end of trading, Lincoln National Corp (Radnor rose 24 cents (1%) to $24.27 on average volume. Throughout the day, 4.1 million shares of Lincoln National Corp (Radnor exchanged hands as compared to its average daily volume of 3.4 million shares. The stock ranged in a price between $24.06-$24.62 after having opened the day at $24.37 as compared to the previous trading day's close of $24.03. Other companies within the Insurance industry that increased today were: Kingsway Financial Services ( KFS), up 7.8%, ING Groep N.V ( ING), up 3.1%, First Acceptance Corporation ( FAC), up 2.5%, and Aegon ( AEG), up 2.3%.
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Lincoln National Corporation, through its subsidiaries, engages in multiple insurance and retirement businesses in the United States. It sells a range of wealth protection, accumulation, and retirement income products and solutions. Lincoln National Corp (Radnor has a market cap of $6.76 billion and is part of the financial sector. The company has a P/E ratio of 25, below the average insurance industry P/E ratio of 31.4 and above the S&P 500 P/E ratio of 17.7. Shares are up 23.7% year to date as of the close of trading on Wednesday. Currently there are seven analysts that rate Lincoln National Corp (Radnor a buy, one analyst rates it a sell, and eight rate it a hold.

TheStreet Ratings rates Lincoln National Corp (Radnor as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

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