NASDAQ:LKFNLakeland Financial Stock Price, Forecast & News

Lakeland Financial's stock was trading at $35.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, LKFN stock has increased by 24.1% and is now trading at $43.62. 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) announced its quarterly earnings data on Monday, April, 27th. The financial services provider reported $0.67 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.08. The financial services provider earned $49.63 million during 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 paid a dividend of $0.30 per share on Tuesday, May 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.75%. The ex-dividend date of this dividend is Thursday, April 23rd. View Lakeland Financial's dividend history.

Media stories about LKFN stock have trended very negative on Sunday, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lakeland Financial earned a news impact score of -3.8 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Lakeland Financial.

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), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). 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 a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (0.25%), Envestnet Asset Management Inc. (0.20%) and Cox Capital Mgt LLC (0.06%). 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 bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., Wedge Capital Management L L P NC, and Cox Capital Mgt 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 $43.62.

Lakeland Financial has a market capitalization of $1.12 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]