NASDAQ:LKFN - Lakeland Financial Stock Price, News & Analysis

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

Lakeland Financial declared a quarterly dividend on Tuesday, July 9th. Investors of record on Thursday, July 25th will be given a dividend of $0.30 per share on Monday, August 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend is Wednesday, July 24th. View Lakeland Financial's Dividend History.

Lakeland Financial Co. (NASDAQ:LKFN) released its quarterly earnings data on Thursday, July, 25th. The financial services provider reported $0.85 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.04. The financial services provider had revenue of $50 million for the quarter, compared to analyst estimates of $49.78 million. Lakeland Financial had a return on equity of 16.03% and a net margin of 33.35%. View Lakeland Financial's Earnings History.

Lakeland Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Lakeland Financial.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lakeland Financial.

Press coverage about LKFN stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lakeland Financial earned a news impact score of 0.9 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Lakeland Financial.

Lakeland Financial saw a increase in short interest in the month of August. As of August 31st, there was short interest totalling 2,180,200 shares, an increase of 9.1% from the July 31st total of 1,998,600 shares. Based on an average daily trading volume, of 74,700 shares, the days-to-cover ratio is presently 29.2 days. Approximately 8.9% of the shares of the stock are sold short. View Lakeland Financial's Current Options Chain.

Some companies that are related to Lakeland Financial include First Financial Bankshares (FFIN), United Bankshares (UBSI), IBERIABANK (IBKC), Wintrust Financial (WTFC), Bank Ozk (OZK), First Hawaiian (FHB), Glacier Bancorp (GBCI), Bank of Hawaii (BOH), Associated Banc (ASB), Home Bancshares (HOMB), Investors Bancorp (ISBC), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI) and Cathay General Bancorp (CATY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Financial investors own include Intel (INTC), Mercadolibre (MELI), Netflix (NFLX), Starbucks (SBUX), Appian (APPN), Baidu (BIDU), Comcast (CMCSA), Intuitive Surgical (ISRG), SVB Financial Group (SIVB) and Skyworks Solutions (SWKS).

Lakeland Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.19%), Vanguard Group Inc. (4.66%), Victory Capital Management Inc. (3.99%), Vaughan Nelson Investment Management L.P. (2.89%), Northern Trust Corp (2.69%) and BTIM Corp. (1.43%). Company insiders that own Lakeland Financial stock include Batty Jill A De, Brian J Smith, Emily E Pichon, Eric H Ottinger, Jonathan P Steiner, Kevin L Deardorff, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael L Kubacki, Steven D Ross and Thomas Hiatt. View Institutional Ownership Trends for Lakeland Financial.

LKFN stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., First Trust Advisors LP, Invesco Ltd., Systematic Financial Management LP, Bank of New York Mellon Corp, BTIM Corp., John W. Rosenthal Capital Management Inc. and Wedge Capital Management L L P NC. Company insiders that have sold Lakeland Financial company stock in the last year include Batty Jill A De, Emily E Pichon, Eric H Ottinger, Jonathan P Steiner, Kristin Pruitt, Michael E Gavin and Michael L Kubacki. View Insider Buying and Selling for Lakeland Financial.

LKFN stock was acquired by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Nuveen Asset Management LLC, Russell Investments Group Ltd., Victory Capital Management Inc., Skandinaviska Enskilda Banken AB publ, Acadian Asset Management LLC, Renaissance Technologies LLC and BlackRock Inc.. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Kevin L Deardorff, Lisa M O'neill, M Scott Welch and Thomas Hiatt. View Insider Buying and Selling for Lakeland Financial.

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

One share of LKFN stock can currently be purchased for approximately $45.92.

Lakeland Financial has a market capitalization of $1.18 billion and generates $239.08 million in revenue each year. The financial services provider earns $80.41 million in net income (profit) each year or $3.13 on an earnings per share basis. Lakeland Financial employs 556 workers across the globe.View Additional Information About Lakeland Financial.

The official website for Lakeland Financial is http://www.lakecitybank.com/.

Lakeland Financial's mailing address is 202 E CENTER ST, WARSAW IN, 46580. The financial services provider can be reached via phone at 574-267-6144 or via email at [email protected]