New York, Feb 24, 2026, 09:46 EST — Regular session
- Lincoln National bounced roughly 1% to $36.05 out of the gate, clawing back a sliver of Monday’s 10.6% slide.
- Selling pressure hit hard on Monday, with volumes running high and Lincoln National dropping more sharply than other major life insurers.
- Morgan Stanley lowered its price target to $50 but kept the overweight call, according to Benzinga data.
Lincoln National Corp shares ticked up Tuesday, coming off a steep drop the day before, as investors searched for indications that the selloff might be bottoming out.
Monday’s drop shoved the insurer further below its early-January highs, and this time, trading volume spiked. Heavy selling without a clear headline usually gets fast-money players watching.
Life insurers often move with rates, since they park most of their premium income in bonds—so when yields swing, both their expected investment income and liability values can shift fast. That rate sensitivity is front and center again as traders gear up for fresh inflation numbers and adjust their rate outlooks.
LNC ticked up roughly 1% to $36.05 after finishing Monday at $35.69. Shares have moved between $35.52 and $36.39 during Tuesday’s session, based on Investing.com figures.
Lincoln dropped 10.55% on Monday, closing at $35.69 after its third consecutive loss, with a broad selloff hitting U.S. equities. MarketWatch data had MetLife off 4.88%. Prudential Financial gave up 2.47% in the same session.
Lincoln shares saw heavy action Monday, with volume hitting around 5.3 million—almost three times the 50-day average of 1.8 million, according to MarketWatch.
Opinions from analysts are split. Morgan Stanley, in a Feb. 23 note cited by Benzinga, lowered Lincoln’s price target to $50 from $54 but stuck with its overweight call.
Insider trades came via equity awards, not open-market purchases, according to a separate regulatory disclosure. Executive Vice President and Chief Investment Officer John Morriss was granted restricted stock units, set to vest in February 2029, per a Feb. 23 Form 4 filing.
Still, rebounds after sharp declines don’t always last. Volatile equities or widening credit spreads could easily put insurers exposed to market swings and hedging strategies back in the crosshairs—regardless of company headlines.
Investors are eyeing the U.S. producer price index for January, set for release Feb. 27, searching for signals on where rates might go. Lincoln is set to report earnings again on May 7.
