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Lakeland Financial (LKFN) Competitors

Lakeland Financial logo
$65.07
-1.78 (-2.66%)
(As of 10/31/2024 ET)

LKFN vs. VBTX, TBK, BUSE, EFSC, BANR, BPOP, ONB, COLB, GBCI, and HOMB

Should you be buying Lakeland Financial stock or one of its competitors? The main competitors of Lakeland Financial include Veritex (VBTX), Triumph Financial (TBK), First Busey (BUSE), Enterprise Financial Services (EFSC), Banner (BANR), Popular (BPOP), Old National Bancorp (ONB), Columbia Banking System (COLB), Glacier Bancorp (GBCI), and Home Bancshares, Inc. (Conway, AR) (HOMB). These companies are all part of the "finance" sector.

Lakeland Financial vs.

Lakeland Financial (NASDAQ:LKFN) and Veritex (NASDAQ:VBTX) are both small-cap finance companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, profitability, media sentiment, risk, valuation, institutional ownership, analyst recommendations, earnings and community ranking.

Lakeland Financial pays an annual dividend of $1.92 per share and has a dividend yield of 3.0%. Veritex pays an annual dividend of $0.80 per share and has a dividend yield of 3.0%. Lakeland Financial pays out 49.9% of its earnings in the form of a dividend. Veritex pays out 46.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Lakeland Financial has raised its dividend for 13 consecutive years. Veritex is clearly the better dividend stock, given its higher yield and lower payout ratio.

Lakeland Financial has a net margin of 23.70% compared to Veritex's net margin of 11.11%. Lakeland Financial's return on equity of 14.72% beat Veritex's return on equity.

Company Net Margins Return on Equity Return on Assets
Lakeland Financial23.70% 14.72% 1.42%
Veritex 11.11%7.79%0.95%

Lakeland Financial received 139 more outperform votes than Veritex when rated by MarketBeat users. Likewise, 56.60% of users gave Lakeland Financial an outperform vote while only 50.87% of users gave Veritex an outperform vote.

CompanyUnderperformOutperform
Lakeland FinancialOutperform Votes
373
56.60%
Underperform Votes
286
43.40%
VeritexOutperform Votes
234
50.87%
Underperform Votes
226
49.13%

81.2% of Lakeland Financial shares are held by institutional investors. Comparatively, 88.3% of Veritex shares are held by institutional investors. 3.3% of Lakeland Financial shares are held by company insiders. Comparatively, 4.6% of Veritex shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Veritex has higher revenue and earnings than Lakeland Financial. Veritex is trading at a lower price-to-earnings ratio than Lakeland Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Lakeland Financial$255.76M6.49$93.77M$3.8516.90
Veritex$426.61M3.45$108.26M$1.7215.70

In the previous week, Veritex had 10 more articles in the media than Lakeland Financial. MarketBeat recorded 17 mentions for Veritex and 7 mentions for Lakeland Financial. Veritex's average media sentiment score of 0.69 beat Lakeland Financial's score of 0.67 indicating that Veritex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Lakeland Financial
1 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Veritex
4 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Lakeland Financial currently has a consensus price target of $71.00, suggesting a potential upside of 9.11%. Veritex has a consensus price target of $29.40, suggesting a potential upside of 8.89%. Given Lakeland Financial's higher probable upside, research analysts plainly believe Lakeland Financial is more favorable than Veritex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Lakeland Financial
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Veritex
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80

Lakeland Financial has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500. Comparatively, Veritex has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500.

Summary

Veritex beats Lakeland Financial on 13 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LKFN vs. The Competition

MetricLakeland FinancialState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.66B$3.15B$9.71B$8.41B
Dividend Yield2.91%3.75%10.50%4.20%
P/E Ratio16.6016.8548.7517.57
Price / Sales6.493.163,282.6478.36
Price / Cash14.6910.0929.7933.56
Price / Book2.551.222.914.57
Net Income$93.77M$409.37M$951.51M$225.42M
7 Day Performance-0.26%-0.03%-0.61%-0.61%
1 Month Performance-0.08%1.78%0.47%1.50%
1 Year Performance32.12%36.39%26.15%32.94%

Lakeland Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
LKFN
Lakeland Financial
1.9045 of 5 stars
$65.07
-2.7%
$71.00
+9.1%
+36.9%$1.66B$255.76M16.60650Earnings Report
VBTX
Veritex
4.143 of 5 stars
$27.36
+0.1%
$29.40
+7.5%
+57.4%$1.49B$426.61M17.54820Analyst Upgrade
Analyst Revision
TBK
Triumph Financial
N/AN/AN/AN/A$1.44B$442.06M13.631,251Analyst Forecast
BUSE
First Busey
4.8599 of 5 stars
$24.96
+0.7%
$27.80
+11.4%
+26.6%$1.42B$454.14M12.871,479
EFSC
Enterprise Financial Services
3.5651 of 5 stars
$53.79
+1.6%
$52.00
-3.3%
+53.7%$2.02B$534.27M11.401,221
BANR
Banner
2.2487 of 5 stars
$65.24
+0.7%
$61.60
-5.6%
+54.7%$2.25B$594.20M13.651,966Positive News
BPOP
Popular
4.9146 of 5 stars
$90.73
+1.5%
$104.88
+15.6%
+38.9%$6.56B$2.75B12.789,237Short Interest ↑
ONB
Old National Bancorp
3.8052 of 5 stars
$19.31
+1.0%
$20.43
+5.8%
+42.0%$6.16B$1.86B11.703,940
COLB
Columbia Banking System
4.0027 of 5 stars
$29.17
+1.9%
$27.12
-7.0%
+49.0%$6.11B$1.96B12.915,114Earnings Report
Analyst Forecast
Short Interest ↓
Analyst Revision
GBCI
Glacier Bancorp
2.6334 of 5 stars
$53.30
+1.3%
$46.20
-13.3%
+78.4%$6.04B$801.28M32.503,358Earnings Report
Analyst Forecast
Analyst Revision
News Coverage
HOMB
Home Bancshares, Inc. (Conway, AR)
1.9546 of 5 stars
$27.67
+0.1%
$28.25
+2.1%
+35.9%$5.54B$985.39M14.262,819Analyst Downgrade
Short Interest ↑

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This page (NASDAQ:LKFN) was last updated on 10/31/2024 by MarketBeat.com Staff
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