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

$42.56
-2.14 (-4.79 %)
(As of 02/26/2020 07:54 AM ET)
Today's Range
$42.50
Now: $42.56
$44.92
50-Day Range
$42.56
MA: $47.72
$49.45
52-Week Range
$41.26
Now: $42.56
$50.00
Volume233,192 shs
Average Volume55,847 shs
Market Capitalization$1.09 billion
P/E Ratio12.59
Dividend Yield2.68%
Beta0.9
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. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:LKFN
CUSIP51165610
Phone574-267-6144

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$260.21 million
Cash Flow$3.38 per share
Book Value$20.62 per share

Profitability

Net Income$87.05 million

Miscellaneous

Employees556
Market Cap$1.09 billion
Next Earnings Date4/23/2020 (Estimated)
OptionableOptionable

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Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

What is Lakeland Financial's stock symbol?

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

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

Lakeland Financial announced a quarterly dividend on Tuesday, January 14th. Investors of record on Saturday, January 25th will be given a dividend of $0.30 per share on Wednesday, February 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date is Friday, January 24th. View Lakeland Financial's Dividend History.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) posted its earnings results on Monday, January, 27th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.09. The financial services provider earned $50 million during the quarter, compared to analyst estimates of $48.46 million. Lakeland Financial had a return on equity of 15.42% and a net margin of 33.45%. View Lakeland Financial's Earnings History.

When is Lakeland Financial's next earnings date?

Lakeland Financial is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Lakeland Financial.

What is the consensus analysts' recommendation 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.

Has Lakeland Financial been receiving favorable news coverage?

News stories about LKFN stock have trended very negative on Wednesday, 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 publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lakeland Financial earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Lakeland Financial.

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 Skyworks Solutions (SWKS), IBM (IBM), Comcast (CMCSA), Intel (INTC), Omnicom Group (OMC), Oracle (ORCL), Tanger Factory Outlet Centers (SKT), Uber Technologies (UBER), Exxon Mobil (XOM) and Broadcom (AVGO).

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the folowing people:
  • Mr. David M. Findlay, Pres, CEO & Director (Age 57)
  • Ms. Lisa M. O'Neill, Exec. VP & CFO (Age 51)
  • Ms. Kristin L. Pruitt, Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Kevin L. Deardorff, Exec. VP & Head of Retail Banking (Age 57)
  • Mr. Eric H. Ottinger, Exec. VP & Head of Commercial Banking (Age 49)

Who are Lakeland Financial's major shareholders?

Lakeland Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (4.62%), Victory Capital Management Inc. (4.58%), Goldman Sachs Group Inc. (4.49%), Massachusetts Financial Services Co. MA (4.23%), Vaughan Nelson Investment Management L.P. (2.63%) and State Street Corp (2.12%). 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, 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 Russell Investments Group Ltd., Skandinaviska Enskilda Banken AB publ , First Trust Advisors LP, Raymond James Financial Services Advisors Inc., Stifel Financial Corp, Driehaus Capital Management LLC, Principal Financial Group Inc. and New York State Common Retirement Fund. 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, Michael E Gavin, Michael L Kubacki, Stephanie R Leniski and Steven D Ross. View Insider Buying and Selling for Lakeland Financial.

Which major investors are buying Lakeland Financial stock?

LKFN stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Massachusetts Financial Services Co. MA, Bank of New York Mellon Corp, Victory Capital Management Inc., Schroder Investment Management Group, Barclays PLC, Victory Capital Management Inc. and Neumeier Poma Investment Counsel LLC. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Lakeland Financial's stock price today?

One share of LKFN stock can currently be purchased for approximately $42.56.

How big of a company is Lakeland Financial?

Lakeland Financial has a market capitalization of $1.09 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.View Additional Information About Lakeland Financial.

What is Lakeland Financial's official website?

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

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]


MarketBeat Community Rating for Lakeland Financial (NASDAQ LKFN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  341 (Vote Outperform)
Underperform Votes:  480 (Vote Underperform)
Total Votes:  821
MarketBeat's community ratings are surveys of what our community members think about Lakeland Financial and other stocks. Vote "Outperform" if you believe LKFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LKFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/26/2020 by MarketBeat.com Staff

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