NASDAQ:LKFNLakeland Financial Stock Price, Forecast & News

Lakeland Financial's stock was trading at $35.14 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LKFN shares have increased by 31.9% and is now trading at $46.36. View which stocks have been most impacted by Coronavirus.

Lakeland Financial is scheduled to release its next quarterly earnings announcement on Monday, July 27th 2020. View our earnings forecast for Lakeland Financial.

Lakeland Financial Co. (NASDAQ:LKFN) posted its earnings results on Monday, April, 27th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.08. The financial services provider had revenue of $49.63 million for the quarter, compared to analysts' expectations of $47.41 million. Lakeland Financial had a net margin of 32.24% and a return on equity of 14.04%. View Lakeland Financial's earnings history.

Lakeland Financial declared a quarterly dividend on Tuesday, April 14th. Shareholders of record on Saturday, April 25th will be given a dividend of $0.30 per share on Tuesday, May 5th. This represents a $1.20 annualized dividend and a yield of 2.59%. The ex-dividend date of this dividend is Thursday, April 23rd. View Lakeland Financial's dividend history.

News articles about LKFN stock have trended extremely negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lakeland Financial earned a coverage optimism score of -5.0 on InfoTrie's scale. They also gave headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutLakeland Financial.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Financial investors own include Intel (INTC), Skyworks Solutions (SWKS), Franklin Resources (BEN), Comcast (CMCSA), Dominion Energy (D), Eastman Chemical (EMN), Huntington Bancshares (HBAN), Intuitive Surgical (ISRG), KeyCorp (KEY) and Kohl's (KSS).

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

Lakeland Financial's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.78%), Franklin Resources Inc. (7.13%), Victory Capital Management Inc. (4.92%), Victory Capital Management Inc. (4.92%), Massachusetts Financial Services Co. MA (4.26%) and State Street Corp (2.05%). 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 Russell Investments Group Ltd., Copeland Capital Management LLC, Stieven Capital Advisors L.P., Morgan Stanley, UBS Group AG, State Street Corp, Wells Fargo & Company MN, and Parametric Portfolio Associates LLC. 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, 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.

LKFN stock was bought by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Ziegler Capital Management LLC, BlackRock Inc., Victory Capital Management Inc., Victory Capital Management Inc., Boston Trust Walden Corp, Fuller & Thaler Asset Management Inc., and JPMorgan Chase & Co.. 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 $46.36.

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.

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]