Lakeland Financial Corporation Company Profile (NASDAQ:LKFN)

About Lakeland Financial Corporation (NASDAQ:LKFN)

Lakeland Financial Corporation logoLakeland Financial Corporation is a bank holding company. The Company, through its subsidiary, Lake City Bank (the Bank), provides an array of products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services. It serves a range of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank's activities cover all phases of commercial banking, including deposit products, commercial and consumer lending, retail and merchant credit card services, corporate treasury management services, and wealth advisory, trust and brokerage services. It provides financial services through the Bank, with approximately 50 branch offices in 15 counties in Northern and Central Indiana.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Banks
  • Sub-Industry: Regional Banks
  • Symbol: NASDAQ:LKFN
  • CUSIP: 51165610
  • Web:
  • Market Cap: $1.22 billion
  • Outstanding Shares: 25,021,000
Average Prices:
  • 50 Day Moving Avg: $45.88
  • 200 Day Moving Avg: $45.10
  • 52 Week Range: $33.98 - $49.48
  • Trailing P/E Ratio: 21.87
  • Foreward P/E Ratio: 19.14
  • P/E Growth: 2.04
Sales & Book Value:
  • Annual Revenue: $159.23 million
  • Price / Sales: 7.64
  • Book Value: $18.00 per share
  • Price / Book: 2.70
  • Annual Dividend: $0.88
  • Dividend Yield: 1.8%
  • Net Margins: 30.72%
  • Return on Equity: 13.06%
  • Return on Assets: 1.32%
  • Debt-to-Equity Ratio: 0.07%
  • Current Ratio: 0.95%
  • Quick Ratio: 0.95%
  • Average Volume: 69,286 shs.
  • Beta: 0.86
  • Short Ratio: 14.27

Frequently Asked Questions for Lakeland Financial Corporation (NASDAQ:LKFN)

What is Lakeland Financial Corporation's stock symbol?

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

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

Lakeland Financial Corporation announced a quarterly dividend on Thursday, October 12th. Investors of record on Wednesday, October 25th will be paid a dividend of $0.22 per share on Monday, November 6th. This represents a $0.88 annualized dividend and a yield of 1.81%. The ex-dividend date of this dividend is Tuesday, October 24th. View Lakeland Financial Corporation's Dividend History.

How were Lakeland Financial Corporation's earnings last quarter?

Lakeland Financial Corporation (NASDAQ:LKFN) posted its quarterly earnings data on Tuesday, July, 25th. The company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.55 by $0.05. The company had revenue of $42.61 million for the quarter, compared to the consensus estimate of $41.86 million. Lakeland Financial Corporation had a return on equity of 13.06% and a net margin of 30.72%. View Lakeland Financial Corporation's Earnings History.

When will Lakeland Financial Corporation make its next earnings announcement?

Lakeland Financial Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Lakeland Financial Corporation.

Where is Lakeland Financial Corporation's stock going? Where will Lakeland Financial Corporation's stock price be in 2017?

2 brokerages have issued 1 year target prices for Lakeland Financial Corporation's stock. Their forecasts range from $43.00 to $49.00. On average, they anticipate Lakeland Financial Corporation's stock price to reach $46.00 in the next year. View Analyst Ratings for Lakeland Financial Corporation.

Who are some of Lakeland Financial Corporation's key competitors?

Who are Lakeland Financial Corporation's key executives?

Lakeland Financial Corporation's management team includes the folowing people:

  • David M. Findlay, President, Chief Executive Officer, Independent Director
  • Lisa M. O'Neill, Chief Financial Officer, Executive Vice President
  • Kristin L. Pruitt, Executive Vice President, General Counsel
  • Kevin L. Deardorff, Executive Vice President
  • Eric H. Ottinger, Executive Vice President, Head of Commercial Banking Department
  • Sarah J. Earls, Senior Vice President, Principal Accounting Officer, Controller
  • Michael L. Kubacki, Non-Executive Chairman of the Board
  • M. Scott Welch, Lead Independent Director
  • Blake W. Augsburger, Independent Director
  • Robert E. Bartels, Independent Director

How do I buy Lakeland Financial Corporation stock?

Shares of Lakeland Financial Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lakeland Financial Corporation's stock price today?

One share of Lakeland Financial Corporation stock can currently be purchased for approximately $48.61.

MarketBeat Community Rating for Lakeland Financial Corporation (NASDAQ LKFN)
Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  75 (Vote Outperform)
Underperform Votes:  165 (Vote Underperform)
Total Votes:  240
MarketBeat's community ratings are surveys of what our community members think about Lakeland Financial Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Lakeland Financial Corporation (NASDAQ:LKFN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $46.00 (5.37% downside)
Consensus Price Target History for Lakeland Financial Corporation (NASDAQ:LKFN)
Price Target History for Lakeland Financial Corporation (NASDAQ:LKFN)
Analysts' Ratings History for Lakeland Financial Corporation (NASDAQ:LKFN)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/18/2017DA DavidsonUpgradeNeutral -> Buy$49.00HighView Rating Details
4/18/2017Keefe, Bruyette & WoodsSet Price TargetHold$43.00LowView Rating Details
6/13/2016StephensDowngradeOverweight -> Equal WeightN/AView Rating Details
12/17/2015Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
10/27/2015FIG PartnersDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 10/18/2015 forward)


Earnings History for Lakeland Financial Corporation (NASDAQ:LKFN)
Earnings by Quarter for Lakeland Financial Corporation (NASDAQ:LKFN)
Earnings History by Quarter for Lakeland Financial Corporation (NASDAQ LKFN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.60N/AView Earnings Details
7/25/2017Q2 2017$0.55$0.60$41.86 million$42.61 millionViewN/AView Earnings Details
4/25/2017Q1 2017$0.53$0.57$40.29 million$40.32 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.52$0.53$38.52 million$39.64 millionViewN/AView Earnings Details
10/25/2016Q3$0.50$0.53$38.00 million$38.74 millionViewN/AView Earnings Details
7/25/2016Q2$0.71$0.76$36.89 million$37.34 millionViewN/AView Earnings Details
4/25/2016Q1$0.70$0.73$35.40 million$35.63 millionViewN/AView Earnings Details
1/25/2016Q4$0.70$0.73$35.30 million$35.52 millionViewN/AView Earnings Details
10/26/2015Q3$0.70$0.69$34.94 million$34.61 millionViewN/AView Earnings Details
7/24/2015Q2$0.68$0.68$34.53 million$33.78 millionViewN/AView Earnings Details
4/27/2015Q114$0.64$0.66$33.54 million$33.50 millionViewN/AView Earnings Details
1/26/2015Q413$0.69$0.66$34.00 million$33.27 millionViewN/AView Earnings Details
10/27/2014Q3$0.69$0.69$34.40 million$33.80 millionViewN/AView Earnings Details
7/25/2014Q2 2014$0.66$0.68$33.46 million$33.15 millionViewN/AView Earnings Details
4/25/2014Q1 2014$0.61$0.59$31.96 million$32.11 millionViewN/AView Earnings Details
1/27/2014Q4$0.61$0.63ViewN/AView Earnings Details
7/25/2013Q213$0.56ViewN/AView Earnings Details
1/25/2013Q412$0.50$0.52$28.58 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Lakeland Financial Corporation (NASDAQ:LKFN)
2017 EPS Consensus Estimate: $2.28
2018 EPS Consensus Estimate: $2.42
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.50$0.55$0.53
Q2 20172$0.53$0.57$0.55
Q3 20172$0.58$0.61$0.60
Q4 20172$0.60$0.61$0.61
Q1 20182$0.57$0.60$0.59
Q2 20182$0.58$0.61$0.60
Q3 20182$0.62$0.62$0.62
Q4 20181$0.62$0.62$0.62
(Data provided by Zacks Investment Research)


Current Dividend Information for Lakeland Financial Corporation (NASDAQ:LKFN)
Next Dividend:11/6/2017
Annual Dividend:$0.88
Dividend Yield:1.81%
Payout Ratio:39.46% (Trailing 12 Months of Earnings)
37.13% (Based on This Year's Estimates)
34.65% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Lakeland Financial Corporation (NASDAQ:LKFN)

Dividend History by Quarter for Lakeland Financial Corporation (NASDAQ LKFN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Lakeland Financial Corporation (NASDAQ:LKFN)
Insider Ownership Percentage: 5.00%
Institutional Ownership Percentage: 69.31%
Insider Trades by Quarter for Lakeland Financial Corporation (NASDAQ:LKFN)
Institutional Ownership by Quarter for Lakeland Financial Corporation (NASDAQ:LKFN)
Insider Trades by Quarter for Lakeland Financial Corporation (NASDAQ:LKFN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017Brian J SmithDirectorBuy113$44.18$4,992.34View SEC Filing  
9/7/2017M Scott WelchDirectorBuy5,557$41.83$232,449.31View SEC Filing  
9/6/2017M Scott WelchDirectorBuy4,443$42.30$187,938.90View SEC Filing  
9/5/2017Batty Jill A DeInsiderSell800$43.31$34,648.00View SEC Filing  
8/21/2017Kristin PruittInsiderSell450$44.00$19,800.00View SEC Filing  
8/11/2017Lisa M O'neillCFOBuy500$43.50$21,750.00View SEC Filing  
8/8/2017Eric H OttingerInsiderSell1,899$46.28$87,885.72View SEC Filing  
6/16/2017Brian J SmithDirectorBuy108$46.18$4,987.44View SEC Filing  
5/30/2017Batty Jill A DeInsiderSell600$42.61$25,566.00View SEC Filing  
5/22/2017Michael E GavinEVPSell2,500$42.93$107,325.00View SEC Filing  
5/1/2017Michael E GavinEVPSell3,000$45.94$137,820.00View SEC Filing  
2/15/2017Michael E GavinEVPSell1,678$45.40$76,181.20View SEC Filing  
2/8/2017Michael L KubackiDirectorSell17,656$42.80$755,676.80View SEC Filing  
2/6/2017Charles E NiemierDirectorBuy681$44.57$30,352.17View SEC Filing  
2/6/2017Jonathan P SteinerInsiderSell2,115$44.15$93,377.25View SEC Filing  
12/14/2016Brian J SmithDirectorBuy109$45.80$4,992.20View SEC Filing  
11/17/2016Eric H OttingerInsiderSell1,500$44.03$66,045.00View SEC Filing  
11/7/2016Charles E NiemierDirectorBuy827$36.30$30,020.10View SEC Filing  
10/28/2016David M FindlayCEOSell8,200$36.50$299,300.00View SEC Filing  
10/28/2016Eric H OttingerInsiderSell2,672$36.75$98,196.00View SEC Filing  
9/20/2016Brian J SmithDirectorBuy140$35.62$4,986.80View SEC Filing  
8/23/2016Emily E PichonDirectorSell1,000$35.55$35,550.00View SEC Filing  
8/12/2016Kevin L DeardorffInsiderSell4,263$35.24$150,228.12View SEC Filing  
8/5/2016Charles E NiemierDirectorBuy554$52.99$29,356.46View SEC Filing  
6/16/2016Brian J SmithDirectorBuy107$46.93$5,021.51View SEC Filing  
5/5/2016Charles E NiemierDirectorBuy612$47.33$28,965.96View SEC Filing  
3/15/2016Brian J SmithDirectorBuy112$44.77$5,014.24View SEC Filing  
2/24/2016M Scott WelchDirectorBuy40$41.40$1,656.00View SEC Filing  
2/9/2016Kristin PruittEVPSell1,900$42.29$80,351.00View SEC Filing  
2/5/2016Charles E. NiemierDirectorBuy600$41.66$24,996.00View SEC Filing  
2/3/2016Jonathan P. SteinerSVPSell1,233$42.76$52,723.08View SEC Filing  
2/2/2016Michael E. GavinEVPSell1,500$43.49$65,235.00View SEC Filing  
2/1/2016Michael L KubackiChairmanSell13,320$43.62$581,018.40View SEC Filing  
1/27/2016Lisa M O'neillCFOBuy500$39.92$19,960.00View SEC Filing  
12/16/2015Brian J. SmithDirectorBuy104$48.12$5,004.48View SEC Filing  
11/23/2015Eric H. OttingerEVPSell3,000$48.00$144,000.00View SEC Filing  
9/9/2015Emily E PichonDirectorSell600$41.00$24,600.00View SEC Filing  
3/12/2015Kevin L DeardorffEVPSell2,069$39.91$82,573.79View SEC Filing  
3/5/2015Daniel F EvansDirectorBuy7,148$39.16$279,915.68View SEC Filing  
2/17/2015Batty Jill A DeSVPSell1,100$39.55$43,505.00View SEC Filing  
2/11/2015Jonathan P SteinerSVPSell2,000$39.40$78,800.00View SEC Filing  
2/5/2015Kristin PruittEVPSell1,750$40.01$70,017.50View SEC Filing  
2/3/2015Michael E GavinEVPSell3,053$39.67$121,112.51View SEC Filing  
2/2/2015Michael L KubackiChairmanSell8,440$38.69$326,543.60View SEC Filing  
11/17/2014Ronald TruexDirectorBuy20,000$40.51$810,200.00View SEC Filing  
11/4/2014Emily E PichonDirectorSell1,000$40.91$40,910.00View SEC Filing  
2/18/2014Kevin DeardorffEVPSell2,221$37.75$83,842.75View SEC Filing  
2/12/2014David FindlayCFOSell4,200$36.63$153,846.00View SEC Filing  
2/11/2014Batty Jill DeSVPSell2,610$36.13$94,299.30View SEC Filing  
2/5/2014Michael KubackiCEOSell9,040$35.88$324,355.20View SEC Filing  
2/4/2014Eric OttingerEVPSell2,500$35.87$89,675.00View SEC Filing  
11/15/2013Michael GavinEVPSell1,000$35.81$35,810.00View SEC Filing  
8/22/2013Eric H OttingerEVPSell3,000$33.00$99,000.00View SEC Filing  
7/31/2013Kevin L DeardorffEVPSell5,000$32.00$160,000.00View SEC Filing  
7/30/2013Kevin L DeardorffEVPSell3,000$31.95$95,850.00View SEC Filing  
7/30/2013Kristin PruittSVPSell5,000$31.75$158,750.00View SEC Filing  
5/21/2013Batty Jill A DeSVPSell2,100$28.20$59,220.00View SEC Filing  
2/6/2013Michael E GavinEVPSell1,277$24.59$31,401.43View SEC Filing  
2/5/2013Kevin L DeardorffEVPSell3,660$24.76$90,621.60View SEC Filing  
2/5/2013Michael L KubackiCEOSell4,900$24.77$121,373.00View SEC Filing  
2/4/2013Eric H OttingerEVPSell1,249$24.74$30,900.26View SEC Filing  
12/14/2012Eric H OttingerEVPBuy1,000$24.09$24,090.00View SEC Filing  
11/16/2012David M FindlayCFOBuy4,000$24.21$96,840.00View SEC Filing  
11/16/2012M Scott WelchDirectorBuy10,000$23.60$236,000.00View SEC Filing  
11/15/2012Batty Jill A DeSVPBuy1,500$23.67$35,505.00View SEC Filing  
11/9/2012M Scott WelchDirectorBuy5,000$24.85$124,250.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Lakeland Financial Corporation (NASDAQ:LKFN)
Latest Headlines for Lakeland Financial Corporation (NASDAQ:LKFN)
DateHeadline logoLakeland Financial Corporation (LKFN) Set to Announce Earnings on Wednesday - October 18 at 5:56 AM logoLakeland Financial Corporation (LKFN) to Issue $0.22 Quarterly Dividend - October 12 at 5:17 PM logoLakeland Financial Corporation (LKFN) vs. Its Rivals Head-To-Head Review - October 9 at 8:28 PM logoWhen Should You Sell Lakeland Financial Corporation (LKFN)? - October 5 at 8:31 AM logoInsiders Seeing Green With LKFN At New 52-Week High - September 29 at 11:57 PM logoLakeland Financial Corporation (LKFN) Expected to Post Quarterly Sales of $43.91 Million - September 19 at 1:34 AM logoShould You Be Tempted To Buy Lakeland Financial Corporation (LKFN) Because Of Its PE Ratio? - September 9 at 5:16 AM logoLakeland Financial Corporation (LKFN) Director Acquires $232,449.31 in Stock - September 8 at 1:22 PM logoLakeland Financial Enters Oversold Territory - September 8 at 1:30 AM logoM Scott Welch Buys 4,443 Shares of Lakeland Financial Corporation (LKFN) Stock - September 7 at 1:26 PM logoLakeland Financial Corporation (LKFN) Insider Sells $34,648.00 in Stock - September 6 at 1:38 PM logoLakeland Financial Corporation (LKFN) Expected to Announce Earnings of $0.60 Per Share - August 30 at 10:20 AM logoAnalyzing Popular (BPOP) & Lakeland Financial Corporation (LKFN) - August 23 at 9:16 AM logoInsider Selling: Lakeland Financial Corporation (LKFN) Insider Sells 450 Shares of Stock - August 21 at 8:32 PM logoWhy Lakeland Financial (LKFN) is an Attractive Pick Now - August 21 at 7:37 PM logoSee what the IHS Markit Score report has to say about Lakeland Financial Corp. - August 17 at 1:52 AM logo Brokerages Anticipate Lakeland Financial Corporation (NASDAQ:LKFN) Will Announce Quarterly Sales of $43.91 Million - August 13 at 3:26 AM logoLakeland Financial Corporation (LKFN) CFO Acquires $21,750.00 in Stock - August 11 at 9:00 PM logoLakeland Financial Corporation (LKFN) Insider Sells $87,885.72 in Stock - August 8 at 8:34 PM logoLakeland Financial Corporation (LKFN) Presents At KBW Community Bank Investor Conference - Slideshow - August 3 at 2:42 AM logoLakeland Financial Corporation Forecasted to Post Q3 2017 Earnings of $0.61 Per Share (LKFN) - July 27 at 8:46 AM logoLakeland Financial Corporation (NASDAQ:LKFN) Announces Earnings Results - July 26 at 1:06 PM logoFIG Partners Analysts Raise Earnings Estimates for Lakeland Financial Corporation (NASDAQ:LKFN) - July 26 at 9:52 AM logoLakeland Financial tops Street 2Q forecasts - July 25 at 11:01 PM logoLakeland Financial beats by $0.05, beats on revenue - July 25 at 8:34 AM logoLakeland Financial Corporation (LKFN) Expected to Post Earnings of $0.55 Per Share - July 24 at 6:27 PM logoLakeland Financial Corporation to Present at the Keefe, Bruyette & Woods 2017 Community Bank Investor Conference - July 19 at 2:46 AM logoLakeland Financial Corporation to Present at the Keefe, Bruyette & Woods 2017 Community Bank Investor Conference - July 18 at 4:42 PM logoLakeland Financial Corporation Declares Quarterly Dividend of $0.22 (LKFN) - July 13 at 10:46 AM logoWinning Stock Picks from the Top 4 Industries with the Biggest Job Growth - July 12 at 2:27 AM logoJ. C. Penney (JCP) Q1 2017 Results - Earnings Call Transcript - May 13 at 12:08 AM logoLakeland Financial beats by $0.05, misses on revenue - April 25 at 8:40 AM logoLakeland Financial Corporation (LKFN) Ex-Dividend Date Scheduled for... - April 20 at 10:22 AM logo9 Dividend Increases: April 10-13, 2017 - April 16 at 10:00 AM logoLAKELAND FINANCIAL CORP Files SEC form 8-K, Change in Directors or Principal Officers - March 27 at 5:49 PM logoLAKELAND FINANCIAL CORP Files SEC form 10-K, Annual Report - March 1 at 11:14 AM logoQ4 2016 Lakeland Financial Corp Earnings Release - 08:00 am ET - January 25 at 7:42 PM logo8:05 am Lakeland Financial reports Q4 results; beats by $0.01 - January 25 at 7:42 PM logoLakeland Financial tops Street 4Q forecasts - January 25 at 7:42 PM logoLakeland Financial tops Street 3Q forecasts - October 25 at 10:59 AM logoEx-Dividend Reminder: Fastenal, Pembina Pipeline and Lakeland Financial - October 19 at 10:53 AM logoSplits Calendar: Lakeland Financial splits before market open today (3:2 ratio) - August 8 at 10:40 AM logoLAKELAND FINANCIAL CORP Files SEC form 8-K, Results of Operations and Financial Condition - July 25 at 9:00 AM logoLakeland Financial Corporation (LKFN) Ex-Dividend Date Scheduled for - July 20 at 4:05 PM logoEx-Dividend Reminder: Pembina Pipeline, Lakeland Financial and Kaiser Aluminum - July 19 at 12:04 PM logoInsider Trading Alert - LKFN, WBS And CVT Traded By Insiders - January 30 at 1:33 PM logoLakeland Financial declares $0.245 dividend - January 25 at 8:32 AM logoQ4 2015 Lakeland Financial Corp Earnings Release - Before Market Open - January 25 at 7:07 AM



Lakeland Financial Corporation (LKFN) Chart for Wednesday, October, 18, 2017

This page was last updated on 10/18/2017 by Staff

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