Lakeland Financial Stock Forecast, Price & News

Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

Is Lakeland Financial a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lakeland Financial in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" Lakeland Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LKFN, but not buy additional shares or sell existing shares.
View analyst ratings for Lakeland Financial or view top-rated stocks.

How has Lakeland Financial's stock price 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 shares have increased by 111.0% and is now trading at $74.16.
View which stocks have been most impacted by COVID-19.

When is Lakeland Financial's next earnings date?

Lakeland Financial is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Lakeland Financial.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) issued its quarterly earnings results on Sunday, October, 24th. The financial services provider reported $0.94 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.93 by $0.01. The financial services provider earned $56.86 million during the quarter, compared to the consensus estimate of $56.62 million. Lakeland Financial had a net margin of 39.76% and a trailing twelve-month return on equity of 14.39%. During the same quarter last year, the firm posted $0.89 earnings per share.
View Lakeland Financial's earnings history.

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

Lakeland Financial announced a quarterly dividend on Tuesday, October 12th. Investors of record on Monday, October 25th will be given a dividend of $0.34 per share on Friday, November 5th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Friday, October 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 1.87%. Lakeland Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Lakeland Financial is 36.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lakeland Financial will have a dividend payout ratio of 39.08% next year. This indicates that Lakeland Financial will be able to sustain or increase its dividend.
View Lakeland Financial's dividend history.

What price target have analysts set for LKFN?

1 Wall Street analysts have issued 1 year price targets for Lakeland Financial's stock. Their forecasts range from $58.91 to $58.91. On average, they expect Lakeland Financial's share price to reach $58.91 in the next twelve months. This suggests that the stock has a possible downside of 20.6%.
View analysts' price targets for Lakeland Financial or view top-rated stocks among Wall Street analysts.

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the following people:

• David M. Findlay, President, Chief Executive Officer & Director
• Lisa M. O'Neill, Chief Financial Officer & Executive Vice President
• Eric H. Ottinger, Executive VP & Manager-Commercial Banking
• Kristin L. Pruitt, Chief Administrative Officer & Executive VP (LinkedIn Profile)
• Michael E. Gavin, Chief Credit Officer & Executive Vice President (LinkedIn Profile)

Who are some of Lakeland Financial's key competitors?

Some companies that are related to Lakeland Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), Western Alliance Bancorporation (WAL), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
View all of LKFN's 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.54%), Neuberger Berman Group LLC (6.01%), Victory Capital Management Inc. (5.19%), Goldman Sachs Group Inc. (3.88%), Dimensional Fund Advisors LP (3.20%) and Segall Bryant & Hamill LLC (2.21%). Company insiders that own Lakeland Financial stock include Batty Jill A De, 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, Robert E Bartels Jr, Stephanie R Leniski, Steven D Ross and Thomas Hiatt.
View institutional ownership trends for Lakeland Financial.

Which major investors are selling Lakeland Financial stock?

LKFN stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Segall Bryant & Hamill LLC, Renaissance Technologies LLC, Two Sigma Investments LP, Neuberger Berman Group LLC, Dimensional Fund Advisors LP, State Board of Administration of Florida Retirement System, and Neumeier Poma Investment Counsel LLC. Company insiders that have sold Lakeland Financial company stock in the last year include Brian J Smith, Brok A Lahrman, Eric H Ottinger, James Rickard Donovan, Jonathan P Steiner, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael L Kubacki, Stephanie R Leniski, and Thomas Hiatt.
View insider buying and selling activity for Lakeland Financial or view top insider-selling stocks.

Which major investors are buying Lakeland Financial stock?

LKFN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, Ziegler Capital Management LLC, Morgan Stanley, Hsbc Holdings PLC, Goldman Sachs Group Inc., and UBS Group AG. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Daniel F Evans, James Rickard Donovan, 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.
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What is Lakeland Financial's stock price today?

One share of LKFN stock can currently be purchased for approximately $74.16.

How much money does Lakeland Financial make?

Lakeland Financial has a market capitalization of $1.88 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 $3.76 on an earnings per share basis.

How many employees does Lakeland Financial have?

Lakeland Financial employs 594 workers across the globe.

When was Lakeland Financial founded?

Lakeland Financial was founded in 1872.

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, via email at [email protected], or via fax at 574-267-6063.