Lakeland Industries (LAKE) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lakeland Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LAKE shares.
View LAKE analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued twelve-month target prices for Lakeland Industries' shares. Their LAKE share price forecasts range from $25.00 to $25.00. On average, they predict the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 124.0% from the stock's current price.
View analysts price targets for LAKE or view top-rated stocks among Wall Street analysts.

Lakeland Industries' stock was trading at $13.30 at the beginning of the year. Since then, LAKE shares have decreased by 16.1% and is now trading at $11.16.
View the best growth stocks for 2023 here.

Lakeland Industries saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 216,300 shares, an increase of 31.8% from the April 30th total of 164,100 shares. Based on an average daily volume of 17,100 shares, the days-to-cover ratio is presently 12.6 days. Currently, 3.1% of the shares of the company are short sold.
View Lakeland Industries' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023.
View our LAKE earnings forecast.

Lakeland Industries will be holding an earnings conference call on Thursday, June 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 919-882-2331 with passcode "48499".

Lakeland Industries, Inc. (NASDAQ:LAKE) released its quarterly earnings data on Thursday, December, 9th. The medical instruments supplier reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.01. The medical instruments supplier had revenue of $30.03 million for the quarter, compared to analyst estimates of $31.70 million. Lakeland Industries had a net margin of 1.66% and a trailing twelve-month return on equity of 3.20%. During the same period in the previous year, the firm earned $1.14 earnings per share.

Lakeland Industries declared a quarterly dividend on Monday, May 1st. Investors of record on Monday, May 15th will be given a dividend of $0.03 per share on Monday, May 22nd. This represents a $0.12 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date is Friday, May 12th.
Read our dividend analysis for LAKE.

Lakeland Industries (NASDAQ:LAKE) pays an annual dividend of $0.12 per share and currently has a dividend yield of 1.08%. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LAKE will have a dividend payout ratio of 11.21% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LAKE.

2 employees have rated Lakeland Industries Chief Executive Officer Charles D. Roberson on Glassdoor.com. Charles D. Roberson has an approval rating of 50% among the company's employees. This puts Charles D. Roberson in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Industries investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Gilead Sciences (GILD), Micron Technology (MU), Block (SQ), AbbVie (ABBV), Intel (INTC), Pfizer (PFE), Novavax (NVAX) and AT&T (T).

Lakeland Industries trades on the NASDAQ under the ticker symbol "LAKE."

Lakeland Industries' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Private Capital Management LLC (16.00%), Royce & Associates LP (6.98%), Renaissance Technologies LLC (6.56%), BlackRock Inc. (1.88%), Ancora Advisors LLC (1.47%) and Allspring Global Investments Holdings LLC (1.16%). Insiders that own company stock include Allen E Dillard, An Hui and Christopher James Ryan.
View institutional ownership trends.

Shares of LAKE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of LAKE stock can currently be purchased for approximately $11.16.

Lakeland Industries (NASDAQ:LAKE) has a market capitalization of $82.25 million and generates $112.85 million in revenue each year. The medical instruments supplier earns $1.87 million in net income (profit) each year or $0.24 on an earnings per share basis.

The company employs 1,600 workers across the globe.

Lakeland Industries' mailing address is 202 PRIDE LANE SW, DECATUR AL, 35603. The official website for the company is www.lakeland.com. The medical instruments supplier can be reached via phone at (256) 350-3873, via email at lake@alpha-ir.com, or via fax at 631-981-9751.