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

$44.78
-0.23 (-0.51 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$44.7450
Now: $44.78
$45.39
50-Day Range
$41.41
MA: $43.43
$45.9622
52-Week Range
$37.79
Now: $44.78
$49.20
Volume66,508 shs
Average Volume64,287 shs
Market Capitalization$1.15 billion
P/E Ratio14.31
Dividend Yield2.65%
Beta0.95
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. Read More…

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$239.08 million
Cash Flow$3.5122 per share
Book Value$20.62 per share

Profitability

Net Income$80.41 million

Miscellaneous

Employees556
Market Cap$1.15 billion
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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Lakeland Financial (NASDAQ:LKFN) Frequently Asked Questions

What is Lakeland Financial's stock symbol?

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

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

Lakeland Financial announced 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 dividend yield of 2.68%. The ex-dividend date is Wednesday, July 24th. View Lakeland Financial's Dividend History.

How were Lakeland Financial's earnings last quarter?

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

When is Lakeland Financial's next earnings date?

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

What is the consensus analysts' recommendation 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.

Has Lakeland Financial been receiving favorable news coverage?

News stories about LKFN stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lakeland Financial earned a news sentiment score of -1.3 on InfoTrie's scale. They also gave news 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 company's share price in the next few days. View News Stories for Lakeland Financial.

Are investors shorting Lakeland Financial?

Lakeland Financial saw a increase in short interest during the month of 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. Currently, 8.9% of the company's shares are short sold. View Lakeland Financial's Current Options Chain.

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), Mercadolibre (MELI), Netflix (NFLX), Starbucks (SBUX), Appian (APPN), Baidu (BIDU), Comcast (CMCSA), Intuitive Surgical (ISRG), SVB Financial Group (SIVB) and Skyworks Solutions (SWKS).

Who are Lakeland Financial's key executives?

Lakeland Financial's management team includes the folowing 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)

Who are Lakeland Financial's major shareholders?

Lakeland Financial's stock is owned by a number of of institutional and retail investors. Top institutional investors 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.

Which major investors are selling Lakeland Financial stock?

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.

Which major investors are buying Lakeland Financial stock?

LKFN stock was acquired 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.

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 $44.78.

How big of a company is Lakeland Financial?

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.

What is Lakeland Financial's official website?

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


MarketBeat Community Rating for Lakeland Financial (NASDAQ LKFN)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  317 (Vote Outperform)
Underperform Votes:  440 (Vote Underperform)
Total Votes:  757
MarketBeat's community ratings are surveys of what our community members think about Lakeland Financial and other stocks. Vote "Outperform" if you believe LKFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LKFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/21/2019 by MarketBeat.com Staff

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