NASDAQ:LKFNLakeland Financial Stock Price, Forecast & News

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. Since then, LKFN stock has increased by 40.1% and is now trading at $49.22.
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Lakeland Financial is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020.
View our earnings forecast for Lakeland Financial.

Lakeland Financial Co. (NASDAQ:LKFN) posted its quarterly earnings data on Monday, July, 27th. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.23. The financial services provider had revenue of $50.70 million for the quarter, compared to the consensus estimate of $48.55 million. Lakeland Financial had a return on equity of 13.52% and a net margin of 32.49%.
View Lakeland Financial's earnings history.

Lakeland Financial announced a quarterly dividend on Thursday, July 16th. Investors of record on Saturday, July 25th will be given a dividend of $0.30 per share on Wednesday, August 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Thursday, July 23rd.
View Lakeland Financial's dividend history.

Media coverage about LKFN stock has trended negative on Saturday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lakeland Financial earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Lakeland Financial.

Some companies that are related to Lakeland Financial include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Financial investors own include Intel (INTC), Skyworks Solutions (SWKS), Franklin Resources (BEN), Comcast (CMCSA), Dominion Energy (D), Eastman Chemical (EMN), Huntington Bancshares (HBAN), Intuitive Surgical (ISRG), KeyCorp (KEY) and Kohl's (KSS).

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

Lakeland Financial's stock is owned by a number of retail and institutional investors. Top institutional investors include Victory Capital Management Inc. (4.90%), Boston Trust Walden Corp (1.65%), Copeland Capital Management LLC (1.58%), Monarch Capital Management Inc. (0.79%), Ziegler Capital Management LLC (0.56%) and 1ST Source Bank (0.34%). 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.

LKFN stock was sold by a variety of institutional investors in the last quarter, including Stieven Capital Advisors L.P., Clean Yield Group, Ziegler Capital Management LLC, Russell Investments Group Ltd., Copeland Capital Management LLC, Bridge City Capital LLC, Victory Capital Management Inc., and Hancock Whitney Corp. 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, Kevin L Deardorff, Kristin Pruitt, Lisa M O'neill, Michael E Gavin, Michael L Kubacki, Stephanie R Leniski, and Steven D Ross.
View insider buying and selling activity for Lakeland Financial.

LKFN stock was purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Raymond James Financial Services Advisors Inc., Denali Advisors LLC, Swiss National Bank, Envestnet Asset Management Inc., WINTON GROUP Ltd, SYM FINANCIAL Corp, and Rafferty Asset Management LLC. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Daniel F Evans, James Rickard Donovan, Kevin L Deardorff, Lisa M O'neill, M Scott Welch, Robert E Bartels Jr, and Thomas Hiatt.
View insider buying and selling activity 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 $49.22.

Lakeland Financial has a market capitalization of $1.27 billion and generates $260.21 million in revenue each year. The financial services provider earns $87.05 million in net income (profit) each year or $3.38 on an earnings per share basis. Lakeland Financial employs 556 workers across the globe.

The official website for Lakeland Financial is 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]