NASDAQ:LKFN Lakeland Financial (LKFN) Stock Price, News & Analysis $71.18 +0.43 (+0.61%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$69.91▼$72.0050-Day Range$57.94▼$71.1852-Week Range$44.47▼$73.22Volume129,353 shsAverage Volume164,882 shsMarket Capitalization$1.82 billionP/E Ratio19.66Dividend Yield2.70%Price Target$74.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Lakeland Financial alerts: Email Address Lakeland Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside4.0% Upside$74.00 Price TargetShort InterestBearish8.30% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.64Based on 3 Articles This WeekInsider TradingSelling Shares$31,015 Sold Last QuarterProj. Earnings Growth2.35%From $3.41 to $3.49 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.25 out of 5 starsFinance Sector619th out of 898 stocksState Commercial Banks Industry140th out of 181 stocks 1.3 Analyst's Opinion Consensus RatingLakeland Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLakeland Financial has received no research coverage in the past 90 days.Read more about Lakeland Financial's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted8.30% of the float of Lakeland Financial has been sold short.Short Interest Ratio / Days to CoverLakeland Financial has a short interest ratio ("days to cover") of 18.2, which indicates bearish sentiment.Change versus previous monthShort interest in Lakeland Financial has recently decreased by 0.97%, indicating that investor sentiment is improving. Previous Next 4.2 Dividend Strength Dividend YieldLakeland Financial pays a meaningful dividend of 2.71%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLakeland Financial has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Lakeland Financial is 53.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lakeland Financial will have a dividend payout ratio of 55.01% next year. This indicates that Lakeland Financial will be able to sustain or increase its dividend.Read more about Lakeland Financial's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LKFN. Previous Next 3.1 News and Social Media Coverage News SentimentLakeland Financial has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Lakeland Financial this week, compared to 2 articles on an average week.MarketBeat Follows1 people have added Lakeland Financial to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lakeland Financial insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $31,015.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Lakeland Financial is held by insiders.Percentage Held by Institutions81.15% of the stock of Lakeland Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Lakeland Financial's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Lakeland Financial are expected to grow by 2.35% in the coming year, from $3.41 to $3.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lakeland Financial is 19.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Lakeland Financial is 19.66, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.32.Price to Book Value per Share RatioLakeland Financial has a P/B Ratio of 2.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Lakeland Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressThis TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.But I can promise that you’ll see all the details for yourself here. About Lakeland Financial Stock (NASDAQ:LKFN)Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.Read More LKFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LKFN Stock News HeadlinesJuly 25 at 7:00 AM | globenewswire.comLakeland Financial Reports Second Quarter Net Income of $22.5 million, and Reaches $5.0 Billion in Total Loans, Representing 5% Annual Average Loan GrowthJuly 19, 2024 | finance.yahoo.comLakeland Financial Corporation (LKFN)July 27, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 18, 2024 | americanbankingnews.comLakeland Financial (LKFN) to Release Quarterly Earnings on ThursdayMay 27, 2024 | msn.comMemorial Day remembrance ceremony held in Lakeland: 'Remember what freedom really costs'April 30, 2024 | msn.comState audit says “overstaffed, burdened with debt” Lakeland Community College needs to make changesApril 26, 2024 | finanznachrichten.deLake City Bank: Lakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan GrowthApril 26, 2024 | finance.yahoo.comLakeland Financial First Quarter 2024 Earnings: Beats ExpectationsJuly 27, 2024 | Colonial Metals (Ad)Collapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.April 25, 2024 | washingtonpost.comLakeland Financial: Q1 Earnings SnapshotApril 25, 2024 | msn.comLKFN Stock Earnings: Lakeland Financial Beats EPS, Misses Revenue for Q1 2024April 25, 2024 | gurufocus.comLakeland Financial Corp (LKFN) Reports Q1 2024 Earnings: A Mixed Financial Performance Amidst ...April 25, 2024 | globenewswire.comLakeland Financial Reports First Quarter Net Income of $23.4 Million and 5% Annualized Average Loan GrowthApril 24, 2024 | markets.businessinsider.comWhat Wall Street expects from Lakeland Financial's earningsApril 19, 2024 | finance.yahoo.comLakeland Financial Corporation (NASDAQ:LKFN) Goes Ex-Dividend SoonApril 18, 2024 | markets.businessinsider.comLakeland Bancorp is about to announce earnings — here's what Wall Street expectsApril 17, 2024 | msn.comWith airport expansion on the horizon, Lakeland plans to buy 31 acres from Morgan CreekApril 13, 2024 | finance.yahoo.comLakeland Financial (NASDAQ:LKFN) Will Pay A Dividend Of $0.48See More Headlines Receive LKFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lakeland Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Ex-Dividend for 5/6 Dividend4/24/2024Dividend Payable5/06/2024Ex-Dividend for 8/5 Dividend7/25/2024Today7/26/2024Dividend Payable8/05/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:LKFN CUSIP51165610 CIK721994 Webwww.lakecitybank.com Phone(574) 267-6144Fax574-267-6063Employees628Year Founded1872Price Target and Rating Average Stock Price Target$74.00 High Stock Price Target$78.00 Low Stock Price Target$70.00 Potential Upside/Downside+4.0%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.62 Trailing P/E Ratio19.66 Forward P/E Ratio20.87 P/E GrowthN/ANet Income$93.77 million Net Margins22.81% Pretax Margin27.03% Return on Equity14.34% Return on Assets1.35% Debt Debt-to-Equity Ratio0.31 Current Ratio0.91 Quick Ratio0.91 Sales & Book Value Annual Sales$393.12 million Price / Sales4.62 Cash Flow$4.52 per share Price / Cash Flow15.75 Book Value$25.55 per share Price / Book2.79Miscellaneous Outstanding Shares25,500,000Free Float24,661,000Market Cap$1.82 billion OptionableOptionable Beta0.67 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. David M. Findlay (Age 62)Chairman & CEO Comp: $984.55kMs. Kristin L. Pruitt (Age 52)President & Director Comp: $559.48kMs. Lisa M. O'Neill (Age 56)Executive VP & CFO Comp: $424.98kMr. Rickard James DonovanSenior VP, General Counsel & SecretaryMr. Eric H. Ottinger (Age 54)Executive VP & Chief Commercial Banking Officer Comp: $502.23kMr. Brok A. Lahrman (Age 37)Chief Accounting Officer & Senior VP of Finance Ms. Kyra E. ClarkSenior VP & Chief Human Resource OfficerMr. Jonathan P. Steiner (Age 62)Senior VP & Chief Wealth Advisory Officer Ms. Stephanie R. LeniskiSenior VP & Chief Retail Banking OfficerKirtus D. MurraySenior VP of Consumer & Home Loans and Retail Lending ManagerMore ExecutivesKey CompetitorsFirst BuseyNASDAQ:BUSETriumph FinancialNASDAQ:TBKFB FinancialNYSE:FBKVeritexNASDAQ:VBTXEagle BancorpNASDAQ:EGBNView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 684 shares on 7/26/2024Ownership: 0.913%Monarch Capital Management Inc.Sold 1,775 shares on 7/25/2024Ownership: 0.623%First Merchants CorpBought 3,500 shares on 7/25/2024Ownership: 0.014%Louisiana State Employees Retirement SystemBought 200 shares on 7/24/2024Ownership: 0.050%Fifth Third BancorpBought 459 shares on 7/22/2024Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions LKFN Stock Analysis - Frequently Asked Questions How have LKFN shares performed this year? Lakeland Financial's stock was trading at $65.16 at the start of the year. Since then, LKFN stock has increased by 9.2% and is now trading at $71.18. View the best growth stocks for 2024 here. How were Lakeland Financial's earnings last quarter? Lakeland Financial Co. (NASDAQ:LKFN) issued its quarterly earnings results on Thursday, January, 25th. The financial services provider reported $0.98 EPS for the quarter, beating analysts' consensus estimates of $0.88 by $0.10. The financial services provider earned $65.81 million during the quarter, compared to analysts' expectations of $59.81 million. Lakeland Financial had a trailing twelve-month return on equity of 14.72% and a net margin of 23.70%. Who are Lakeland Financial's major shareholders? Lakeland Financial's top institutional shareholders include Boston Trust Walden Corp (1.32%), Bank of New York Mellon Corp (0.91%), Monarch Capital Management Inc. (0.62%) and Raymond James & Associates (0.39%). Insiders that own company stock include M Scott Welch, Michael L Kubacki, Brian J Smith, Eric H Ottinger, Lisa M O'neill, Robert E Bartels Jr, Steven D Ross, Emily E Pichon, Blake Augsburger, David M Findlay, Kyra E Clark, Stephanie R Leniski, Donald Robinson-Gay, Jonathan P Steiner, Brok A Lahrman, James Rickard Donovan, Michael E Gavin and Kristin Pruitt. View institutional ownership trends. How do I buy shares of Lakeland Financial? Shares of LKFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Lakeland Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Lakeland Financial investors own include Franklin Resources (BEN), Dominion Energy (D), Huntington Bancshares (HBAN), Intel (INTC), KeyCorp (KEY), Kohl's (KSS) and Pfizer (PFE). This page (NASDAQ:LKFN) was last updated on 7/27/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | SponsoredJ.P. Morgan’s DIRE WarningWhen the largest bank in the U.S. says a crisis is coming - you NEED to listen. 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