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NASDAQ:LKFN

Lakeland Financial Stock Forecast, Price & News

$40.46
+0.63 (+1.58 %)
(As of 09/28/2020 06:37 AM ET)
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Today's Range
$39.38
Now: $40.46
$41.38
50-Day Range
$39.66
MA: $46.18
$50.22
52-Week Range
$30.49
Now: $40.46
$53.00
Volume113,900 shs
Average Volume127,483 shs
Market Capitalization$1.04 billion
P/E Ratio12.93
Dividend Yield2.97%
Beta0.99
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. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and Internet business banking and online treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of January 25, 2019, the company operated 50 offices in Northern and Central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.
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Lakeland Financial logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.54 out of 5 stars


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$3.43 per share
Book Value$23.34 per share

Profitability

Net Income$87.05 million

Miscellaneous

Employees556
Market Cap$1.04 billion
Next Earnings Date10/23/2020 (Estimated)
OptionableOptionable
$40.46
+0.63 (+1.58 %)
(As of 09/28/2020 06:37 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

How has Lakeland Financial's stock price been impacted by Coronavirus (COVID-19)?

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.
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 Friday, October 23rd 2020.
View our earnings forecast for Lakeland Financial
.

How were Lakeland Financial's earnings last quarter?

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
.

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

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
.

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 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).

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the following 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)

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 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
.

Which institutional investors are selling Lakeland Financial stock?

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
.

Which institutional investors are buying Lakeland Financial stock?

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
.

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 $40.46.

How big of a company is Lakeland Financial?

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.

What is Lakeland Financial's official website?

The official website for Lakeland Financial is 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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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