Lakeland Financial Corp. Company Profile (NASDAQ:LKFN)

About Lakeland Financial Corp.

Lakeland Financial Corp. logoLakeland Financial Corporation is a bank holding company. The Company, through its subsidiary, Lake City Bank (the Bank), provides an array of products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services. It serves a range of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank's activities cover all phases of commercial banking, including deposit products, commercial and consumer lending, retail and merchant credit card services, corporate treasury management services, and wealth advisory, trust and brokerage services. The Bank has over 50 offices in over 10 counties in Northern and Central Indiana.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Midwest Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: LKFN
  • CUSIP: 51165610
Key Metrics:
  • Previous Close: $34.91
  • 50 Day Moving Average: $35.61
  • 200 Day Moving Average: $32.54
  • 52-Week Range: $26.53 - $37.74
  • Trailing P/E Ratio: 18.06
  • Foreward P/E Ratio: 17.03
  • P/E Growth: 1.80
  • Market Cap: $869.05M
  • Outstanding Shares: 24,894,000
  • Beta: 0.82
Profitability:
  • Net Margins: 30.35%
  • Return on Equity: 12.19%
  • Return on Assets: 1.29%
Debt:
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
Additional Links:
Companies Related to Lakeland Financial Corp.:

Analyst Ratings

Consensus Ratings for Lakeland Financial Corp. (NASDAQ:LKFN) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $39.50 (13.15% upside)

Analysts' Ratings History for Lakeland Financial Corp. (NASDAQ:LKFN)
Show:
DateFirmActionRatingPrice TargetDetails
8/9/2016Keefe, Bruyette & WoodsLower Price TargetMarket Perform$48.00 -> $32.00View Rating Details
7/21/2016DA DavidsonInitiated CoverageNeutralView Rating Details
6/13/2016StephensDowngradeOverweight -> Equal WeightView Rating Details
12/17/2015Raymond James Financial Inc.DowngradeOutperform -> Market PerformView Rating Details
10/27/2015FIG PartnersDowngradeOutperform -> Market PerformView Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Lakeland Financial Corp. (NASDAQ:LKFN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2016        
7/25/2016Q2$0.71$0.76ViewN/AView Earnings Details
4/25/2016Q1$0.70$0.73ViewN/AView Earnings Details
1/25/2016Q4$0.70$0.73ViewN/AView Earnings Details
10/26/2015Q3$0.70$0.69ViewN/AView Earnings Details
7/24/2015Q2$0.68$0.68$34.35 millionViewN/AView Earnings Details
4/27/2015Q114$0.64$0.66$33.90 millionViewN/AView Earnings Details
1/26/2015Q413$0.69$0.66$34.00 million$33.27 millionViewN/AView Earnings Details
10/27/2014Q3$0.69$0.69$34.40 million$33.80 millionViewN/AView Earnings Details
7/25/2014$0.66$0.68ViewN/AView Earnings Details
4/25/2014$0.61$0.59ViewN/AView Earnings Details
1/27/2014Q4$0.61$0.63ViewN/AView Earnings Details
7/25/2013Q213$0.56ViewN/AView Earnings Details
1/25/2013Q412$0.50$0.52$28.58 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lakeland Financial Corp. (NASDAQ:LKFN)
Current Year EPS Consensus Estimate: $2.00 EPS
Next Year EPS Consensus Estimate: $2.05 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.69$0.69$0.69
Q2 20162$0.72$0.73$0.73
Q3 20163$0.52$0.74$0.66
Q4 20162$0.52$0.74$0.63
Q1 20172$0.53$0.74$0.64
Q2 20172$0.54$0.76$0.65
Q3 20172$0.77$0.81$0.79
Q4 20172$0.55$0.78$0.67
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lakeland Financial Corp. (NASDAQ:LKFN)
Annual Dividend:$0.75
Dividend Yield:2.15%
Payout Ratio:38.66% (Based on Trailing 12 Months of Earnings)
37.50% (Based on Current Year Consensus EPS Estimate)
36.59% (Based on Next Year Consensus EPS Estimate)

Dividend History for Lakeland Financial Corp. (NASDAQ:LKFN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/14/2016quarterly$0.282.28%7/21/20167/25/20168/5/2016
4/13/2016quarterly$0.282.47%4/21/20164/25/20165/5/2016
1/14/2016quarterly$0.252.32%1/21/20161/25/20162/5/2016
10/15/2015quarterly$0.252.16%10/21/201510/25/201511/5/2015
7/16/2015quarterly$0.252.22%7/22/20157/25/20158/5/2015
4/15/2015quarterly$0.252.4%4/22/20154/25/20155/5/2015
1/15/2015quarterly$0.212.11%1/21/20151/25/20152/5/2015
10/16/2014quarterly$0.212.21%10/22/201410/25/201411/5/2014
7/10/2014quarterly$0.212.23%7/23/20147/25/20148/5/2014
4/9/2014quarterly$0.212.23%4/23/20144/25/20145/5/2014
1/16/2014quarterly$0.192.03%1/22/20141/25/20142/5/2014
10/14/2013quarterly$0.192.22%10/23/201310/25/201311/5/2013
7/11/2013quarterly$0.192.55%7/23/20137/25/20138/5/2013
4/9/2013quarterly$0.192.86%4/23/20134/25/20135/6/2013
12/9/2012quarterly$0.172.72%12/14/201212/18/201212/31/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Lakeland Financial Corp. (NASDAQ:LKFN)
Insider Ownership Percentage: 4.90%
Institutional Ownership Percentage: 44.53%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/20/2016Brian J SmithDirectorBuy140$35.62$4,986.80View SEC Filing  
8/23/2016Emily E PichonDirectorSell1,000$35.55$35,550.00View SEC Filing  
8/12/2016Kevin L DeardorffInsiderSell4,263$35.24$150,228.12View SEC Filing  
8/5/2016Charles E NiemierDirectorBuy554$52.99$29,356.46View SEC Filing  
6/16/2016Brian J SmithDirectorBuy107$46.93$5,021.51View SEC Filing  
5/5/2016Charles E NiemierDirectorBuy612$47.33$28,965.96View SEC Filing  
3/15/2016Brian J SmithDirectorBuy112$44.77$5,014.24View SEC Filing  
2/24/2016M Scott WelchDirectorBuy40$41.40$1,656.00View SEC Filing  
2/9/2016Kristin PruittEVPSell1,900$42.29$80,351.00View SEC Filing  
2/5/2016Charles E. NiemierDirectorBuy600$41.66$24,996.00View SEC Filing  
2/3/2016Jonathan P. SteinerSVPSell1,233$42.76$52,723.08View SEC Filing  
2/2/2016Michael E. GavinEVPSell1,500$43.49$65,235.00View SEC Filing  
2/1/2016Michael L KubackiChairmanSell13,320$43.62$581,018.40View SEC Filing  
1/27/2016Lisa M O'neillCFOBuy500$39.92$19,960.00View SEC Filing  
12/16/2015Brian J. SmithDirectorBuy104$48.12$5,004.48View SEC Filing  
11/23/2015Eric H. OttingerEVPSell3,000$48.00$144,000.00View SEC Filing  
9/9/2015Emily E PichonDirectorSell600$41.00$24,600.00View SEC Filing  
3/12/2015Kevin L DeardorffEVPSell2,069$39.91$82,573.79View SEC Filing  
3/5/2015Daniel F EvansDirectorBuy7,148$39.16$279,915.68View SEC Filing  
2/17/2015Batty Jill A DeSVPSell1,100$39.55$43,505.00View SEC Filing  
2/11/2015Jonathan P SteinerSVPSell2,000$39.40$78,800.00View SEC Filing  
2/5/2015Kristin PruittEVPSell1,750$40.01$70,017.50View SEC Filing  
2/3/2015Michael E GavinEVPSell3,053$39.67$121,112.51View SEC Filing  
2/2/2015Michael L KubackiChairmanSell8,440$38.69$326,543.60View SEC Filing  
11/17/2014Ronald TruexDirectorBuy20,000$40.51$810,200.00View SEC Filing  
11/4/2014Emily E PichonDirectorSell1,000$40.91$40,910.00View SEC Filing  
2/18/2014Kevin DeardorffEVPSell2,221$37.75$83,842.75View SEC Filing  
2/12/2014David FindlayCFOSell4,200$36.63$153,846.00View SEC Filing  
2/11/2014Batty Jill DeSVPSell2,610$36.13$94,299.30View SEC Filing  
2/5/2014Michael KubackiCEOSell9,040$35.88$324,355.20View SEC Filing  
2/4/2014Eric OttingerEVPSell2,500$35.87$89,675.00View SEC Filing  
11/15/2013Michael GavinEVPSell1,000$35.81$35,810.00View SEC Filing  
8/22/2013Eric H OttingerEVPSell3,000$33.00$99,000.00View SEC Filing  
7/31/2013Kevin L DeardorffEVPSell5,000$32.00$160,000.00View SEC Filing  
7/30/2013Kevin L DeardorffEVPSell3,000$31.95$95,850.00View SEC Filing  
7/30/2013Kristin PruittSVPSell5,000$31.75$158,750.00View SEC Filing  
5/21/2013Batty Jill A DeSVPSell2,100$28.20$59,220.00View SEC Filing  
2/6/2013Michael E GavinEVPSell1,277$24.59$31,401.43View SEC Filing  
2/5/2013Kevin L DeardorffEVPSell3,660$24.76$90,621.60View SEC Filing  
2/5/2013Michael L KubackiCEOSell4,900$24.77$121,373.00View SEC Filing  
2/4/2013Eric H OttingerEVPSell1,249$24.74$30,900.26View SEC Filing  
12/14/2012Eric H OttingerEVPBuy1,000$24.09$24,090.00View SEC Filing  
11/16/2012David M FindlayCFOBuy4,000$24.21$96,840.00View SEC Filing  
11/16/2012M Scott WelchDirectorBuy10,000$23.60$236,000.00View SEC Filing  
11/15/2012Batty Jill A DeSVPBuy1,500$23.67$35,505.00View SEC Filing  
11/9/2012M Scott WelchDirectorBuy5,000$24.85$124,250.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Lakeland Financial Corp. (NASDAQ:LKFN)
DateHeadline
News IconDirector of Lakeland Financial Corporation (NASDAQ:LKFN), Pichon Emily E, sells 1,000 shares worth $35,550 (NASDAQ:LKFN)
empowerednews.net - August 24 at 9:02 AM
News IconExecutive Chairman of Lakeland Financial Corporation (NASDAQ:LKFN), Kubacki Michael L, sells 22,500 shares worth $788,964 (NASDAQ:LKFN)
empowerednews.net - August 16 at 9:15 AM
capitalcube.com logoETF’s with exposure to Lakeland Financial Corp. : August 10, 2016 (NASDAQ:LKFN)
www.capitalcube.com - August 10 at 6:19 PM
fxpips.com logoAvalon Holdings (AWX), Pacific Drilling (PACD), Stone Energy (SGY) Active Stocks Rising (NASDAQ:LKFN)
www.fxpips.com - August 9 at 9:00 AM
capitalcube.com logoLakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : LKFN-US : August 9, 2016 (NASDAQ:LKFN)
www.capitalcube.com - August 9 at 9:00 AM
biz.yahoo.com logoSplits Calendar: Lakeland Financial splits before market open today (3:2 ratio) (NASDAQ:LKFN)
biz.yahoo.com - August 8 at 10:40 AM
capitalcube.com logoLakeland Financial Corp. :LKFN-US: Earnings Analysis: Q2, 2016 By the Numbers : July 26, 2016 (NASDAQ:LKFN)
www.capitalcube.com - July 26 at 10:26 AM
News IconLakeland Financial Hits Record Profit (NASDAQ:LKFN)
www.insideindianabusiness.com - July 26 at 9:00 AM
biz.yahoo.com logoLAKELAND FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition (NASDAQ:LKFN)
biz.yahoo.com - July 25 at 9:00 AM
publicnow.com logoLakeland Financial Reports Record Performance (NASDAQ:LKFN)
www.publicnow.com - July 25 at 8:18 AM
sg.finance.yahoo.com logoLakeland Financial beats Street 2Q forecasts (NASDAQ:LKFN)
sg.finance.yahoo.com - July 25 at 8:06 AM
finance.yahoo.com logoLakeland Financial Corporation to Present at the Keefe, Bruyette & Woods 2016 Community Bank Investor Conference (NASDAQ:LKFN)
finance.yahoo.com - July 21 at 1:00 PM
nasdaq.com logoLakeland Financial Corporation (LKFN) Ex-Dividend Date Scheduled for (NASDAQ:LKFN)
www.nasdaq.com - July 20 at 4:05 PM
forbes.com logoEx-Dividend Reminder: Pembina Pipeline, Lakeland Financial and Kaiser Aluminum (NASDAQ:LKFN)
www.forbes.com - July 19 at 12:04 PM
4-traders.com logoLakeland Financial : Lake City Bank Parent Announces 14% Increase in Cash Dividend and Stock Split (NASDAQ:LKFN)
www.4-traders.com - July 15 at 10:10 AM
finance.yahoo.com logoLake City Bank Parent Announces 14% Increase in Cash Dividend and Stock Split (NASDAQ:LKFN)
finance.yahoo.com - July 13 at 6:21 PM
capitalcube.com logoLakeland Financial Corp. breached its 50 day moving average in a Bullish Manner : LKFN-US : July 13, 2016 (NASDAQ:LKFN)
www.capitalcube.com - July 13 at 8:40 AM
capitalcube.com logoLakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : LKFN-US : June 27, 2016 (NASDAQ:LKFN)
www.capitalcube.com - June 27 at 10:17 AM
capitalcube.com logoLakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : LKFN-US : June 15, 2016 (NASDAQ:LKFN)
www.capitalcube.com - June 15 at 8:26 AM
fidaily.com logoLakeland Financial Corporation (LKFN) Trades at New 52-Week High (NASDAQ:LKFN)
www.fidaily.com - June 1 at 6:23 PM
finance.yahoo.com logoLake City Bank Continues Expansion in Indianapolis With New Office at 96th and Michigan Road (NASDAQ:LKFN)
finance.yahoo.com - February 17 at 11:00 AM
thestreet.com logoInsider Trading Alert - LKFN, WBS And CVT Traded By Insiders (NASDAQ:LKFN)
www.thestreet.com - January 30 at 1:33 PM
capitalcube.com logoLakeland Financial Corp. Earnings Analysis: Q4, 2015 By the Numbers (NASDAQ:LKFN)
www.capitalcube.com - January 26 at 11:56 AM
News IconLakeland Financial Touts Record Earnings (NASDAQ:LKFN)
www.insideindianabusiness.com - January 25 at 1:07 PM
sg.finance.yahoo.com logoLakeland Financial posts 4Q profit (NASDAQ:LKFN)
sg.finance.yahoo.com - January 25 at 8:41 AM
seekingalpha.com logoLakeland Financial declares $0.245 dividend (NASDAQ:LKFN)
seekingalpha.com - January 25 at 8:32 AM
publicnow.com logoLakeland Financial Reports Record Quarterly and Annual Net Income (NASDAQ:LKFN)
www.publicnow.com - January 25 at 8:27 AM
biz.yahoo.com logoQ4 2015 Lakeland Financial Corp Earnings Release - Before Market Open (NASDAQ:LKFN)
biz.yahoo.com - January 25 at 7:07 AM
biz.yahoo.com logoLAKELAND FINANCIAL CORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:LKFN)
biz.yahoo.com - January 12 at 4:01 PM
capitalcube.com logoLakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : January 1, 2016 (NASDAQ:LKFN)
www.capitalcube.com - January 1 at 8:11 AM
capitalcube.com logoLakeland Financial Corp. breached its 50 day moving average in a Bearish Manner : December 21, 2015 (NASDAQ:LKFN)
www.capitalcube.com - December 21 at 9:09 AM
finance.yahoo.com logoLAKELAND FINANCIAL CORP Financials (NASDAQ:LKFN)
finance.yahoo.com - December 8 at 1:17 PM
biz.yahoo.com logoLAKELAND FINANCIAL CORP Files SEC form 10-Q, Quarterly Report (NASDAQ:LKFN)
biz.yahoo.com - November 9 at 11:23 AM
biz.yahoo.com logoLAKELAND FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E (NASDAQ:LKFN)
biz.yahoo.com - October 26 at 8:30 AM
sg.finance.yahoo.com logoLakeland Financial posts 3Q profit (NASDAQ:LKFN)
sg.finance.yahoo.com - October 26 at 8:27 AM
finance.yahoo.com logoLakeland Financial Reports Strong Organic Loan and Deposit Growth (NASDAQ:LKFN)
finance.yahoo.com - October 26 at 8:00 AM
biz.yahoo.com logoQ3 2015 Lakeland Financial Corp Earnings Release - Before Market Open (NASDAQ:LKFN)
biz.yahoo.com - October 26 at 7:07 AM
capitalcube.com logoETF’s with exposure to Lakeland Financial Corp. : September 24, 2015 (NASDAQ:LKFN)
www.capitalcube.com - September 24 at 12:44 PM

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Lakeland Financial Corp. (NASDAQ:LKFN) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff