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

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

Lakeland Financial declared a quarterly dividend on Tuesday, January 14th. Shareholders of record on Saturday, January 25th will be paid a dividend of $0.30 per share on Wednesday, February 5th. This represents a $1.20 annualized dividend and a yield of 2.58%. The ex-dividend date is Friday, January 24th. View Lakeland Financial's Dividend History.

Lakeland Financial Co. (NASDAQ:LKFN) announced its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.86 EPS for the quarter, topping the consensus estimate 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.

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

News stories about LKFN stock have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Lakeland Financial earned a news impact score of -4.0 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Lakeland Financial.

Some companies that are related to Lakeland Financial include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Financial investors own include Skyworks Solutions (SWKS), Intel (INTC), IBM (IBM), Tanger Factory Outlet Centers (SKT), Uber Technologies (UBER), Exxon Mobil (XOM), C.H. Robinson Worldwide (CHRW), Comcast (CMCSA), Hasbro (HAS) and Huntington Bancshares (HBAN).

Lakeland Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors 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.

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.

LKFN stock was purchased 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.

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 $46.55.

Lakeland Financial has a market capitalization of $1.19 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.

The official website for Lakeland Financial is http://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]