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NASDAQ:LKFNLakeland Financial Stock Price, Forecast & News

$49.22
+1.85 (+3.91 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$46.90
Now: $49.22
$49.51
50-Day Range
$42.25
MA: $44.59
$47.60
52-Week Range
$30.49
Now: $49.22
$50.00
Volume231,656 shs
Average Volume118,474 shs
Market Capitalization$1.27 billion
P/E Ratio15.73
Dividend Yield2.53%
Beta1
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. The company accepts various deposit products, such as noninterest bearing, interest-bearing checking, savings, money market, NOW, and demand deposits. Its loan products include commercial and industrial, commercial real estate and multi-family residential, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and Internet business banking and online treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of January 25, 2019, the company operated 50 offices in Northern and Central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.14 out of 5 stars


Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:LKFN
CUSIP51165610
Phone574-267-6144

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$260.21 million
Cash Flow$3.95 per share
Book Value$23.34 per share

Profitability

Net Income$87.05 million

Miscellaneous

Employees556
Market Cap$1.27 billion
Next Earnings Date10/23/2020 (Estimated)
OptionableOptionable
$49.22
+1.85 (+3.91 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

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

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. Since then, LKFN stock has increased by 40.1% and is now trading at $49.22.
View which stocks have been most impacted by Coronavirus
.

When is Lakeland Financial's next earnings date?

Lakeland Financial is scheduled to release its next quarterly earnings announcement on Friday, October 23rd 2020.
View our earnings forecast for Lakeland Financial
.

How were Lakeland Financial's earnings last quarter?

Lakeland Financial Co. (NASDAQ:LKFN) posted its quarterly earnings data on Monday, July, 27th. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.23. The financial services provider had revenue of $50.70 million for the quarter, compared to the consensus estimate of $48.55 million. Lakeland Financial had a return on equity of 13.52% and a net margin of 32.49%.
View Lakeland Financial's earnings history
.

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

Lakeland Financial announced a quarterly dividend on Thursday, July 16th. Investors of record on Saturday, July 25th will be given a dividend of $0.30 per share on Wednesday, August 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date is Thursday, July 23rd.
View Lakeland Financial's dividend history
.

Has Lakeland Financial been receiving favorable news coverage?

Media coverage about LKFN stock has trended negative on Saturday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lakeland Financial earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days.
View the latest news about Lakeland Financial
.

Who are some of Lakeland Financial's key 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 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).

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the following people:
  • Mr. David M. Findlay, Pres, CEO & Director (Age 57)
  • Ms. Lisa M. O'Neill, Exec. VP & CFO (Age 51)
  • Ms. Kristin L. Pruitt, Exec. VP, Chief Admin. Officer, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Kevin L. Deardorff, Exec. VP & Head of Retail Banking (Age 57)
  • Mr. Eric H. Ottinger, Exec. VP & Head of Commercial Banking (Age 49)

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 Victory Capital Management Inc. (4.90%), Boston Trust Walden Corp (1.65%), Copeland Capital Management LLC (1.58%), Monarch Capital Management Inc. (0.79%), Ziegler Capital Management LLC (0.56%) and 1ST Source Bank (0.34%). 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
.

Which major investors are selling Lakeland Financial stock?

LKFN stock was sold by a variety of institutional investors in the last quarter, including Stieven Capital Advisors L.P., Clean Yield Group, Ziegler Capital Management LLC, Russell Investments Group Ltd., Copeland Capital Management LLC, Bridge City Capital LLC, Victory Capital Management Inc., and Hancock Whitney Corp. 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
.

Which major investors are buying Lakeland Financial stock?

LKFN stock was purchased by a variety of institutional investors in the last quarter, including Boston Trust Walden Corp, Raymond James Financial Services Advisors Inc., Denali Advisors LLC, Swiss National Bank, Envestnet Asset Management Inc., WINTON GROUP Ltd, SYM FINANCIAL Corp, and Rafferty Asset Management 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
.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Lakeland Financial's stock price today?

One share of LKFN stock can currently be purchased for approximately $49.22.

How big of a company is Lakeland Financial?

Lakeland Financial has a market capitalization of $1.27 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.

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 or via email at [email protected]

This page was last updated on 8/8/2020 by MarketBeat.com Staff

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