$Lincoln National (LNC.US)$🎯 2023.7.19 Current price 27.22 ...

New data: 2023Q1

Revenue fell 19.2%, net profit loss of 880 million yuan, and the increase of nearly 2 billion dollars in special account expenses in the first quarter was the main cause of the loss.

The balance ratio fell to 98%. This quarter was one of few net operating and net outflows, and cash flow deteriorated.

The 5-year average net profit is $530 million, and the corresponding price-earnings ratio is 8.7, which is quite normal for cyclical stocks.

Currently, the dividend rate is 6.6%, and the net market ratio is 0.8. Considering that this year's losses cannot be predicted, it is relatively safe to wait and see.