Lakeland Financial Stock Forecast, Price & News

Lakeland Financial's stock was trading at $35.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LKFN shares have increased by 15.1% and is now trading at $40.46.
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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, topping the Zacks' consensus estimate of $0.54 by $0.23. The financial services provider had revenue of $50.70 million for the quarter, compared to analyst estimates of $48.55 million. Lakeland Financial had a net margin of 32.49% and a return on equity of 13.38%.
View Lakeland Financial's earnings history.

Lakeland Financial declared a quarterly dividend on Thursday, July 16th. Shareholders 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 2.97%. The ex-dividend date is Thursday, July 23rd.
View Lakeland Financial's dividend history.

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), SVB Financial Group (SIVB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), 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 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).

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

Lakeland Financial's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (5.02%), Victory Capital Management Inc. (4.90%), Goldman Sachs Group Inc. (4.31%), Silvercrest Asset Management Group LLC (4.10%), Neuberger Berman Group LLC (3.80%) and Boston Trust Walden Corp (1.65%). 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 Goldman Sachs Group Inc., Stieven Capital Advisors L.P., Clean Yield Group, Neuberger Berman Group LLC, Ziegler Capital Management LLC, Russell Investments Group Ltd., Copeland Capital Management LLC, and Bridge City Capital LLC. Company insiders that have sold Lakeland Financial company stock in the last year include Batty Jill A De, Eric H Ottinger, Jonathan P Steiner, Kristin Pruitt, Lisa M O'neill, Michael E Gavin, Stephanie R Leniski, and Steven D Ross.
View insider buying and selling activity for Lakeland Financial.

LKFN stock was bought by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Charles Schwab Investment Management Inc., Macquarie Group Ltd., Boston Trust Walden Corp, Raymond James Financial Services Advisors Inc., Vanguard Group Inc., Handelsbanken Fonder AB, and Denali 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, 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 $40.46.

Lakeland Financial has a market capitalization of $1.04 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]