Lakeland Financial Stock Price, News & Analysis (NASDAQ:LKFN)

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

Lakeland Financial declared a quarterly dividend on Tuesday, July 9th. Shareholders of record on Thursday, July 25th will be paid a dividend of $0.30 per share on Monday, August 5th. This represents a $1.20 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Wednesday, July 24th. View Lakeland Financial's Dividend History.

Lakeland Financial Co. (NASDAQ:LKFN) posted its earnings results on Thursday, July, 25th. The financial services provider reported $0.85 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.81 by $0.04. The financial services provider earned $50 million during the quarter, compared to the consensus estimate of $49.78 million. Lakeland Financial had a net margin of 33.35% and a return on equity of 16.03%. View Lakeland Financial's Earnings History.

Lakeland Financial is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for Lakeland Financial.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lakeland Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lakeland Financial.

Headlines about LKFN stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. 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 daily sentiment score of -1.3 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Lakeland Financial.

Lakeland Financial saw a increase in short interest in August. As of August 31st, there was short interest totalling 2,180,200 shares, an increase of 9.1% from the July 31st total of 1,998,600 shares. Based on an average daily trading volume, of 74,700 shares, the days-to-cover ratio is currently 29.2 days. Approximately 8.9% of the company's stock are short sold. View Lakeland Financial's Current Options Chain.

Some companies that are related to Lakeland Financial include First Financial Bankshares (FFIN), IBERIABANK (IBKC), United Bankshares (UBSI), Wintrust Financial (WTFC), First Hawaiian (FHB), Bank Ozk (OZK), Glacier Bancorp (GBCI), Bank of Hawaii (BOH), Associated Banc (ASB), Home Bancshares (HOMB), Investors Bancorp (ISBC), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI) and Cathay General Bancorp (CATY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lakeland Financial investors own include Intel (INTC), Mercadolibre (MELI), Netflix (NFLX), Starbucks (SBUX), Appian (APPN), Baidu (BIDU), Comcast (CMCSA), Intuitive Surgical (ISRG), SVB Financial Group (SIVB) and Skyworks Solutions (SWKS).

Lakeland Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.19%), Vanguard Group Inc. (4.66%), Victory Capital Management Inc. (3.99%), Vaughan Nelson Investment Management L.P. (2.89%), Northern Trust Corp (2.69%) and BTIM Corp. (1.43%). Company insiders that own Lakeland Financial stock include Batty Jill A De, Brian J Smith, Emily E Pichon, Eric H Ottinger, Jonathan P Steiner, Kevin L Deardorff, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael L Kubacki, 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 Vaughan Nelson Investment Management L.P., First Trust Advisors LP, Invesco Ltd., Systematic Financial Management LP, Bank of New York Mellon Corp, BTIM Corp., John W. Rosenthal Capital Management Inc. and Wedge Capital Management L L P NC. 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, Michael E Gavin and Michael L Kubacki. View Insider Buying and Selling for Lakeland Financial.

LKFN stock was purchased by a variety of institutional investors in the last quarter, including Copeland Capital Management LLC, Nuveen Asset Management LLC, Russell Investments Group Ltd., Victory Capital Management Inc., Skandinaviska Enskilda Banken AB publ, Acadian Asset Management LLC, Renaissance Technologies LLC and BlackRock Inc.. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Kevin L Deardorff, Lisa M O'neill, M Scott Welch and Thomas Hiatt. View Insider Buying and Selling 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 $44.78.

Lakeland Financial has a market capitalization of $1.15 billion and generates $239.08 million in revenue each year. The financial services provider earns $80.41 million in net income (profit) each year or $3.13 on an earnings per share basis. Lakeland Financial employs 556 workers across the globe.View Additional Information About Lakeland Financial.

The official website for Lakeland Financial is http://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]