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S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
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S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
pixel
pixel
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
pixel
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NASDAQ:LKFN

Lakeland Financial Stock Forecast, Price & News

$66.83
+1.01 (+1.53 %)
(As of 09/24/2021 12:00 AM ET)
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Today's Range
$65.55
$67.18
50-Day Range
$56.22
$72.86
52-Week Range
$39.38
$77.05
Volume100,192 shs
Average Volume163,987 shs
Market Capitalization$1.69 billion
P/E Ratio18.01
Dividend Yield2.07%
Beta0.85
30 days | 90 days | 365 days | Advanced Chart
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Lakeland Financial logo

About Lakeland Financial

Lakeland Financial Corp. is a bank holding company, which engages in the provision of banking products and services. It offers commercial and consumer banking, trust and wealth management, brokerage, and treasury management commercial services. The company was founded on February 8, 1983 and is headquartered in Warsaw, IN.

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MarketRank

Overall MarketRank

1.97 out of 5 stars

Finance Sector

667th out of 1,331 stocks

State Commercial Banks Industry

152nd out of 232 stocks

Analyst Opinion: 1.0Community Rank: 3.9Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 0.0 5 -4 -3 -2 -1 -
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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 twelve months. 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.

What stocks does MarketBeat like better than Lakeland Financial?

Wall Street analysts have given Lakeland Financial a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Lakeland Financial wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Lakeland Financial?

Lakeland Financial saw a increase in short interest in August. As of August 13th, there was short interest totaling 1,690,000 shares, an increase of 190.0% from the July 29th total of 582,800 shares. Based on an average trading volume of 254,400 shares, the days-to-cover ratio is currently 6.6 days. Currently, 7.0% of the shares of the stock are short sold.
View Lakeland Financial's Short Interest
.

When is Lakeland Financial's next earnings date?

Lakeland Financial is scheduled to release its next quarterly earnings announcement on Monday, October 25th 2021.
View our earnings forecast for Lakeland Financial
.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) announced its quarterly earnings results on Sunday, July, 25th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.86 by $0.09. The financial services provider earned $55 million during the quarter, compared to analyst estimates of $54.25 million. Lakeland Financial had a trailing twelve-month return on equity of 14.44% and a net margin of 39.42%.
View Lakeland Financial's earnings history
.

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

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. Since then, LKFN stock has increased by 90.2% and is now trading at $66.83.
View which stocks have been most impacted by COVID-19
.

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

Lakeland Financial announced a quarterly dividend on Thursday, July 15th. Shareholders of record on Friday, July 23rd will be paid a dividend of $0.34 per share on Thursday, August 5th. This represents a $1.36 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Thursday, July 22nd.
View Lakeland Financial's dividend history
.

Is Lakeland Financial a good dividend stock?

Lakeland Financial pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.07%. Lakeland Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Lakeland Financial is 41.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lakeland Financial will have a dividend payout ratio of 40.00% 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 brokerages have issued twelve-month price targets for Lakeland Financial's shares. Their forecasts range from $58.91 to $58.91. On average, they anticipate Lakeland Financial's stock price to reach $58.91 in the next year. This suggests that the stock has a possible downside of 11.9%.
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:
  • David M. Findlay, President, Chief Executive Officer & Director
  • Lisa M. O'Neill, Chief Financial Officer & Executive Vice President
  • Eric H. Ottinger, Executive VP & Manager-Commercial Banking
  • Kristin L. Pruitt, Chief Administrative Officer & Executive VP
  • Michael E. Gavin, Chief Credit Officer & Executive Vice President

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.03%), Neuberger Berman Group LLC (6.11%), Victory Capital Management Inc. (5.22%), Vanguard Group Inc. (4.86%), Silvercrest Asset Management Group LLC (4.15%) and Goldman Sachs Group Inc. (3.66%). Company insiders that own Lakeland Financial stock include Batty Jill A De, Brian J Smith, Brok A Lahrman, Daniel F Evans, Eric H Ottinger, James Rickard Donovan, Jonathan P Steiner, 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 major investors are selling Lakeland Financial stock?

LKFN stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., BlackRock Inc., Ziegler Capital Management LLC, Goldman Sachs Group Inc., Neuberger Berman Group LLC, Monarch Partners Asset Management LLC, JPMorgan Chase & Co., and Citadel Advisors LLC. Company insiders that have sold Lakeland Financial company stock in the last year 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 L Kubacki, Stephanie R Leniski, and Thomas Hiatt.
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 ProShare Advisors LLC, State Street Corp, Segall Bryant & Hamill LLC, Fuller & Thaler Asset Management Inc., Victory Capital Management Inc., First Trust Advisors LP, Aptus Capital Advisors LLC, and American Century Companies Inc.. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Daniel F Evans, James Rickard Donovan, M Scott Welch, 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.
Compare Top Brokerages Here.

What is Lakeland Financial's stock price today?

One share of LKFN stock can currently be purchased for approximately $66.83.

How much money does Lakeland Financial make?

Lakeland Financial has a market capitalization of $1.69 billion and generates $239.95 million in revenue each year. The financial services provider earns $84.34 million in net income (profit) each year or $3.30 on an earnings per share basis.

How many employees does Lakeland Financial have?

Lakeland Financial employs 594 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.

Where are Lakeland Financial's headquarters?

Lakeland Financial is headquartered at 202 E CENTER ST, WARSAW IN, 46580.

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 9/25/2021 by MarketBeat.com Staff

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