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S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
The #1 Energy Stock to Buy (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
How to Find Penny Stocks to Invest and Trade
The #1 Energy Stock to Buy (Ad)
What Tyson Foods Q1 Means For Staples Stocks
ONSemi Is Marching Higher On Great Results
Apple, Amazon, and Walmart are Investing in Solar Energy (Ad)
Can Cummins Power To A New High? 
Here’s the Silver Lining with Snap Stock Earnings Collapse
S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
The #1 Energy Stock to Buy (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
How to Find Penny Stocks to Invest and Trade
The #1 Energy Stock to Buy (Ad)
What Tyson Foods Q1 Means For Staples Stocks
ONSemi Is Marching Higher On Great Results
Apple, Amazon, and Walmart are Investing in Solar Energy (Ad)
Can Cummins Power To A New High? 
Here’s the Silver Lining with Snap Stock Earnings Collapse
S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
Mullen Automotive Stock, The Tide Has Turned
The #1 Energy Stock to Buy (Ad)
Energizer Holdings Inc; Losing Power Or Electrifying Time To Buy?
How to Find Penny Stocks to Invest and Trade
The #1 Energy Stock to Buy (Ad)
What Tyson Foods Q1 Means For Staples Stocks
ONSemi Is Marching Higher On Great Results
Apple, Amazon, and Walmart are Investing in Solar Energy (Ad)
Can Cummins Power To A New High? 
Here’s the Silver Lining with Snap Stock Earnings Collapse
NASDAQ:LKFN

Lakeland Financial - LKFN Stock Forecast, Price & News

$71.55
-1.61 (-2.20%)
(As of 02/6/2023 12:00 AM ET)
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Compare
Today's Range
$71.43
$73.58
50-Day Range
$68.04
$78.96
52-Week Range
$64.05
$83.57
Volume
95,707 shs
Average Volume
102,360 shs
Market Capitalization
$1.81 billion
P/E Ratio
17.71
Dividend Yield
2.52%
Price Target
$80.00

Lakeland Financial MarketRank™ Forecast

Analyst Rating
N/A
0.00 Rating Score
Upside/​Downside
11.8% Upside
$80.00 Price Target
Short Interest
Bearish
6.94% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-3.19%
From $4.39 to $4.25 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.51 out of 5 stars

Finance Sector

788th out of 850 stocks

State Commercial Banks Industry

173rd out of 177 stocks

LKFN stock logo

About Lakeland Financial (NASDAQ:LKFN) Stock

Lakeland Financial Corp. is a bank holding company, which engages in the provision of banking products and services. It offers commercial and consumer banking, trust and wealth management, brokerage, and treasury management commercial services. The company was founded on February 8, 1983 and is headquartered in Warsaw, IN.

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LKFN Stock News Headlines

GRAPHITE: "Essential for America's National Defense"
Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? But now that the U.S. has classified it as "essential for America's National Defense"... one little-known company could become America's ONLY fully integrated graphite provider.
Lakeland Financial Raises Dividend to 46c Per Share
GRAPHITE: "Essential for America's National Defense"
Did you know each EV battery contains up to 220 pounds of graphite and China controls more than 90% of the world's graphite trade? But now that the U.S. has classified it as "essential for America's National Defense"... one little-known company could become America's ONLY fully integrated graphite provider.
Earnings Outlook For Lakeland Financial
Lakeland Financial goes ex-dividend on Monday
Lakeland University
Lakeland Financial: Dividend Insights
See More Headlines
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LKFN Company Calendar

Ex-Dividend for 2/6 Dividend
1/24/2023
Last Earnings
1/25/2023
Dividend Payable
2/06/2023
Today
2/07/2023
Next Earnings (Estimated)
4/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:LKFN
CUSIP
51165610
Employees
585
Year Founded
1872

Price Target and Rating

Average Stock Price Forecast
$80.00
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$80.00
Forecasted Upside/Downside
+11.8%
Consensus Rating
N/A
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$103.82 million
Pretax Margin
44.47%

Debt

Sales & Book Value

Annual Sales
$281.43 million
Cash Flow
$4.22 per share
Book Value
$22.44 per share

Miscellaneous

Free Float
24,336,000
Market Cap
$1.81 billion
Optionable
Optionable
Beta
0.75

Social Links


Key Executives

  • David M. Findlay
    President, Chief Executive Officer & Director
  • Lisa M. O'Neill
    Chief Financial Officer & Executive Vice President
  • Eric H. Ottinger
    Chief Commercial Banking Officer & Executive VP
  • Kristin L. PruittKristin L. Pruitt
    Chief Administrative Officer & Executive VP
  • Stephanie R. LeniskiStephanie R. Leniski
    Senior Vice President & Manager-Retail Banking













LKFN Stock - Frequently Asked Questions

What is Lakeland Financial's stock price forecast for 2023?

0 brokerages have issued 12-month price targets for Lakeland Financial's stock. Their LKFN share price forecasts range from $80.00 to $80.00. On average, they anticipate the company's stock price to reach $80.00 in the next twelve months. This suggests a possible upside of 11.8% from the stock's current price.
View analysts price targets for LKFN
or view top-rated stocks among Wall Street analysts.

How have LKFN shares performed in 2023?

Lakeland Financial's stock was trading at $72.97 at the beginning of 2023. Since then, LKFN shares have decreased by 1.9% and is now trading at $71.55.
View the best growth stocks for 2023 here
.

When is Lakeland Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 24th 2023.
View our LKFN earnings forecast
.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) announced its quarterly earnings results on Wednesday, January, 25th. The financial services provider reported $1.01 earnings per share for the quarter, missing analysts' consensus estimates of $1.13 by $0.12. The financial services provider earned $85.87 million during the quarter, compared to the consensus estimate of $65.70 million. Lakeland Financial had a net margin of 36.89% and a trailing twelve-month return on equity of 18.38%. During the same period in the previous year, the firm posted $0.95 earnings per share.

How often does Lakeland Financial pay dividends? What is the dividend yield for Lakeland Financial?

Lakeland Financial declared a quarterly dividend on Tuesday, January 10th. Shareholders of record on Wednesday, January 25th will be given a dividend of $0.46 per share on Monday, February 6th. This represents a $1.84 annualized dividend and a dividend yield of 2.57%. The ex-dividend date is Tuesday, January 24th. This is a boost from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for LKFN
.

Is Lakeland Financial a good dividend stock?

Lakeland Financial (NASDAQ:LKFN) pays an annual dividend of $1.84 per share and currently has a dividend yield of 2.52%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 45.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LKFN will have a dividend payout ratio of 43.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LKFN.

What other stocks do shareholders of Lakeland Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Financial investors own include Franklin Resources (BEN), Dominion Energy (D), Huntington Bancshares (HBAN), Intel (INTC), KeyCorp (KEY), Kohl's (KSS), Pfizer (PFE), Philip Morris International (PM), Exxon Mobil (XOM) and AbbVie (ABBV).

What is Lakeland Financial's stock symbol?

Lakeland Financial trades on the NASDAQ under the ticker symbol "LKFN."

Who are Lakeland Financial's major shareholders?

Lakeland Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Copeland Capital Management LLC (2.21%), Boston Trust Walden Corp (1.17%), Natixis Advisors L.P. (0.90%), Monarch Capital Management Inc. (0.67%), Ziegler Capital Management LLC (0.34%) and New York State Common Retirement Fund (0.17%). Insiders that own company stock include Blake Augsburger, Brian J Smith, Brok A Lahrman, Daniel F Evans, Eric H Ottinger, James Rickard Donovan, Jonathan P Steiner, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael E Gavin, Michael L Kubacki, Michael L Kubacki, Robert E Bartels Jr, Stephanie R Leniski, Steven D Ross and Thomas Hiatt.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lakeland Financial's stock price today?

One share of LKFN stock can currently be purchased for approximately $71.55.

How much money does Lakeland Financial make?

Lakeland Financial (NASDAQ:LKFN) has a market capitalization of $1.81 billion and generates $281.43 million in revenue each year. The financial services provider earns $103.82 million in net income (profit) each year or $4.04 on an earnings per share basis.

How many employees does Lakeland Financial have?

The company employs 585 workers across the globe.

How can I contact Lakeland Financial?

Lakeland Financial's mailing address is 202 E CENTER ST, WARSAW IN, 46580. The official website for the company is www.lakecitybank.com. The financial services provider can be reached via phone at (574) 267-6144, via email at tina.rensberger@lakecitybank.com, or via fax at 574-267-6063.

This page (NASDAQ:LKFN) was last updated on 2/7/2023 by MarketBeat.com Staff