Lakeland Industries (LAKE) to Release Earnings on Tuesday

Lakeland Industries (NASDAQ:LAKE - Get Free Report) is anticipated to announce its Q1 2026 earnings results before the market opens on Tuesday, June 3rd. Analysts expect the company to announce earnings of $0.27 per share and revenue of $48.84 million for the quarter. Lakeland Industries has set its FY 2026 guidance at EPS.

Lakeland Industries (NASDAQ:LAKE - Get Free Report) last issued its quarterly earnings results on Wednesday, April 9th. The medical instruments supplier reported ($0.54) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.97). The company had revenue of $46.60 million for the quarter, compared to analyst estimates of $47.10 million. Lakeland Industries had a negative net margin of 0.42% and a positive return on equity of 1.66%. During the same period last year, the company posted $0.72 earnings per share. On average, analysts expect Lakeland Industries to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Lakeland Industries Stock Up 0.1%

Shares of NASDAQ:LAKE traded up $0.01 during trading on Friday, hitting $19.14. 31,780 shares of the company were exchanged, compared to its average volume of 65,850. Lakeland Industries has a fifty-two week low of $14.58 and a fifty-two week high of $27.28. The stock has a market cap of $182.04 million, a price-to-earnings ratio of -212.67 and a beta of 1.10. The company has a current ratio of 4.23, a quick ratio of 1.77 and a debt-to-equity ratio of 0.25. The firm has a fifty day moving average price of $17.70 and a two-hundred day moving average price of $21.19.

Lakeland Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 15th were issued a dividend of $0.03 per share. The ex-dividend date was Thursday, May 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.63%. Lakeland Industries's payout ratio is -5.04%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on LAKE. DA Davidson decreased their price objective on shares of Lakeland Industries from $28.00 to $23.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. Lake Street Capital began coverage on Lakeland Industries in a research report on Tuesday, March 11th. They set a "buy" rating and a $30.00 price target on the stock. Finally, Wall Street Zen raised Lakeland Industries to a "sell" rating in a research report on Wednesday, May 7th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Lakeland Industries presently has an average rating of "Moderate Buy" and a consensus target price of $27.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of LAKE. Cubist Systematic Strategies LLC acquired a new stake in Lakeland Industries during the first quarter worth approximately $164,000. Goldman Sachs Group Inc. increased its stake in shares of Lakeland Industries by 42.3% during the first quarter. Goldman Sachs Group Inc. now owns 44,435 shares of the medical instruments supplier's stock worth $902,000 after purchasing an additional 13,219 shares during the period. Finally, Jane Street Group LLC lifted its holdings in Lakeland Industries by 107.7% during the 1st quarter. Jane Street Group LLC now owns 40,180 shares of the medical instruments supplier's stock worth $816,000 after purchasing an additional 20,832 shares during the last quarter. Institutional investors and hedge funds own 71.69% of the company's stock.

Lakeland Industries Company Profile

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.