Lakeland Financial (LKFN) Stock Forecast, Price & News

Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

Is Lakeland Financial a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lakeland Financial in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Lakeland Financial stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LKFN, but not buy additional shares or sell existing shares.
View analyst ratings for Lakeland Financial or view top-rated stocks.

When is Lakeland Financial's next earnings date?

Lakeland Financial is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for Lakeland Financial.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) issued its earnings results on Monday, April, 25th. The financial services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.04. The financial services provider had revenue of $55.57 million for the quarter, compared to analysts' expectations of $56.46 million. Lakeland Financial had a net margin of 40.82% and a trailing twelve-month return on equity of 14.41%. During the same period last year, the business earned $0.90 EPS.
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 Tuesday, April 12th. Shareholders of record on Monday, April 25th will be paid a dividend of $0.40 per share on Thursday, May 5th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Friday, April 22nd.
View Lakeland Financial's dividend history.

Is Lakeland Financial a good dividend stock?

Lakeland Financial pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.33%. Lakeland Financial has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Lakeland Financial is 42.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lakeland Financial will have a dividend payout ratio of 39.80% next year. This indicates that Lakeland Financial will be able to sustain or increase its dividend.
View Lakeland Financial's dividend history.

What price target have analysts set for LKFN?

1 equities research analysts have issued twelve-month price objectives for Lakeland Financial's stock. Their forecasts range from $58.91 to $58.91. On average, they expect Lakeland Financial's share price to reach $58.91 in the next twelve months. This suggests that the stock has a possible downside of 16.0%.
View analysts' price targets for Lakeland Financial or view top-rated stocks among Wall Street analysts.

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the following people:

• Mr. David M. Findlay, Pres, CEO & Director (Age 60, Pay $1.01M)
• Ms. Lisa M. O'Neill, Exec. VP & CFO (Age 54, Pay $421.93k)
• Ms. Kristin L. Pruitt, Exec. VP & Chief Admin. Officer (Age 50, Pay $494.69k) (LinkedIn Profile)
• Mr. Eric H. Ottinger, Exec. VP & Chief Commercial Banking Officer (Age 52, Pay $502.54k)
• Mr. Michael E. Gavin, Exec. VP & Chief Credit Officer (Age 66, Pay $391.06k) (LinkedIn Profile)
• Mr. Brok A. Lahrman, Chief Accounting Officer & Sr. VP of Fin. (Age 36)
• Mr. Rickard James Donovan, Sr. VP, Gen. Counsel & Sec.
• Ms. Kyra E. Clark, Sr. VP & Chief Human Resource Officer
• Mr. Jonathan P. Steiner, Sr. VP & Chief Wealth Advisory Officer (Age 60) (LinkedIn Profile)
• Ms. Stephanie R. Leniski, Sr. VP & Chief Retail Banking Officer

Who are some of Lakeland Financial's key competitors?

Some companies that are related to Lakeland Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Huntington Bancshares (HBAN), Regions Financial (RF), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Webster Financial (WBS) and Western Alliance Bancorporation (WAL).
View all of LKFN's 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).

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.02%), Vanguard Group Inc. (6.98%), State Street Corp (5.16%), Victory Capital Management Inc. (3.33%), Dimensional Fund Advisors LP (3.13%) and Goldman Sachs Group Inc. (3.03%). Company insiders that own Lakeland Financial stock include Brian J Smith, Brok A Lahrman, Eric H Ottinger, James Rickard Donovan, Jonathan P Steiner, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael E Gavin, Michael L Kubacki, Michael L Kubacki, Robert E Bartels Jr, 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 Massachusetts Financial Services Co. MA, Victory Capital Management Inc., Goldman Sachs Group Inc., Hsbc Holdings PLC, Neumeier Poma Investment Counsel LLC, UBS Group AG, Fuller & Thaler Asset Management Inc., and Ziegler Capital Management LLC. Company insiders that have sold Lakeland Financial company stock in the last year include Brok A Lahrman, James Rickard Donovan, Jonathan P Steiner, Kristin Pruitt, Lisa M O'neill, Michael E Gavin, Michael L Kubacki, Stephanie R Leniski, and Steven D Ross.
View insider buying and selling activity for Lakeland Financial or view top insider-selling stocks.

Which major investors are buying Lakeland Financial stock?

LKFN stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Vanguard Group Inc., BlackRock Inc., Invesco Ltd., Cetera Investment Advisers, Loomis Sayles & Co. L P, Aviva PLC, and American Century Companies Inc.. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, and Robert E Bartels Jr.
View insider buying and selling activity for Lakeland Financial or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Lakeland Financial's stock price today?

One share of LKFN stock can currently be purchased for approximately $70.15.

How much money does Lakeland Financial make?

Lakeland Financial has a market capitalization of $1.78 billion and generates $237.94 million in revenue each year. The financial services provider earns $95.73 million in net income (profit) each year or $3.759990 on an earnings per share basis.

How many employees does Lakeland Financial have?

Lakeland Financial employs 585 workers across the globe.

When was Lakeland Financial founded?

Lakeland Financial was founded in 1872.

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, via email at [email protected], or via fax at 574-267-6063.