NASDAQ:LKFN

Lakeland Financial Stock Forecast, Price & News

$65.75
+6.43 (+10.84 %)
(As of 07/28/2021 03:12 PM ET)
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Today's Range
$63.90
$69.06
50-Day Range
$56.22
$63.07
52-Week Range
$39.38
$77.05
Volume38,637 shs
Average Volume103,306 shs
Market Capitalization$1.66 billion
P/E Ratio18.63
Dividend Yield2.31%
Beta0.86
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Lakeland Financial logo

About Lakeland Financial

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. 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, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers 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 internet 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. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

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Industry, Sector and Symbol

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MarketRank

Overall MarketRank

1.66 out of 5 stars

Finance Sector

839th out of 2,033 stocks

State Commercial Banks Industry

181st out of 315 stocks

Analyst Opinion: 0.0Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
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Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

What stocks does MarketBeat like better than Lakeland Financial?

Wall Street analysts have given Lakeland Financial a "N/A" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lakeland Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Lakeland Financial?

Lakeland Financial saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 693,900 shares, an increase of 36.0% from the June 30th total of 510,400 shares. Based on an average daily trading volume, of 96,000 shares, the short-interest ratio is presently 7.2 days. Approximately 2.9% of the shares of the stock are sold short.
View Lakeland Financial's Short Interest
.

When is Lakeland Financial's next earnings date?

Lakeland Financial is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for Lakeland Financial
.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) posted its quarterly earnings results on Sunday, July, 25th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. Lakeland Financial had a trailing twelve-month return on equity of 14.03% and a net margin of 37.62%.
View Lakeland Financial's earnings history
.

How has Lakeland Financial's stock been impacted by COVID-19?

Lakeland Financial's stock was trading at $35.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LKFN stock has increased by 87.2% and is now trading at $65.77.
View which stocks have been most impacted by COVID-19
.

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

Lakeland Financial declared a quarterly dividend on Thursday, July 15th. Stockholders of record on Friday, July 23rd will be given a dividend of $0.34 per share on Thursday, August 5th. This represents a $1.36 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, July 22nd.
View Lakeland Financial's dividend history
.

Is Lakeland Financial a good dividend stock?

Lakeland Financial pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.31%. Lakeland Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Lakeland Financial is 41.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lakeland Financial will have a dividend payout ratio of 40.96% next year. This indicates that Lakeland Financial will be able to sustain or increase its dividend.
View Lakeland Financial's dividend history.

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the following people:
  • Mr. David M. Findlay, Pres, CEO & Director (Age 59, Pay $947.71k)
  • Ms. Lisa M. O'Neill, Exec. VP & CFO (Age 53, Pay $394.18k)
  • Ms. Kristin L. Pruitt, Exec. VP & Chief Admin. Officer (Age 49, Pay $450.18k)
  • Mr. Eric H. Ottinger, Exec. VP & Chief Commercial Banking Officer (Age 51, Pay $472.94k)
  • Mr. Michael E. Gavin, Exec. VP & Chief Credit Officer (Age 65, Pay $370.66k)
  • Mr. Brok A. Lahrman, Chief Accounting Officer & Sr. VP of Fin. (Age 34)
  • Mr. Rickard James Donovan, Sr. VP, Gen. Counsel & Sec.
  • Ms. Kyra E. Clark, Sr. VP & Chief Human Resource Officer
  • Mr. Kevin L. Deardorff, Retail Banking Advisor (Age 59)
  • Mr. Jonathan P. Steiner, Sr. VP of Wealth Advisory Group & Brokerage (Age 59)

Who are some of Lakeland Financial's key competitors?

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 retail and institutional investors. Top institutional shareholders include Aptus Capital Advisors LLC (0.14%). Company insiders that own Lakeland Financial stock include Batty Jill A De, Brian J Smith, Daniel F Evans, Emily E Pichon, Eric H Ottinger, James Rickard Donovan, Jonathan P Steiner, Kevin L Deardorff, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael L Kubacki, Robert E Bartels Jr, Stephanie R Leniski, Steven D Ross and Thomas Hiatt.
View institutional ownership trends for Lakeland Financial
.

Which major investors are buying Lakeland Financial stock?

LKFN stock was acquired by a variety of institutional investors in the last quarter, including Aptus Capital Advisors LLC. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Daniel F Evans, James Rickard Donovan, Lisa M O'neill, M Scott Welch, and Robert E Bartels Jr.
View insider buying and selling activity for Lakeland Financial
or or view top insider-buying stocks.

How do I buy shares of 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 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 $65.77.

How much money does Lakeland Financial make?

Lakeland Financial has a market capitalization of $1.66 billion and generates $239.95 million in revenue each year. The financial services provider earns $84.34 million in net income (profit) each year or $3.30 on an earnings per share basis.

How many employees does Lakeland Financial have?

Lakeland Financial employs 587 workers across the globe.

What is Lakeland Financial's official website?

The official website for Lakeland Financial is www.lakecitybank.com.

Where are Lakeland Financial's headquarters?

Lakeland Financial is headquartered at 202 E CENTER ST, WARSAW IN, 46580.

How can I contact Lakeland Financial?

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]


This page was last updated on 7/28/2021 by MarketBeat.com Staff
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