NASDAQ:LKFNLakeland Financial Stock Price, Forecast & News

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 (WHO). Since then, LKFN stock has increased by 26.8% and is now trading at $44.56. 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) released its earnings results on Monday, April, 27th. The financial services provider reported $0.67 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.08. The financial services provider had revenue of $49.63 million for the quarter, compared to the consensus estimate 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. Investors of record on Saturday, April 25th will be given a dividend of $0.30 per share on Tuesday, May 5th. This represents a $1.20 annualized dividend and a dividend yield of 2.69%. The ex-dividend date of this dividend is Thursday, April 23rd. View Lakeland Financial's dividend history.

News coverage about LKFN stock has been trending negative recently, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Lakeland Financial earned a news impact score of -2.1 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news 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), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), 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 many different retail and institutional investors. Top institutional investors include 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 acquired by a variety of institutional investors in the last quarter, including 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 $44.56.

Lakeland Financial has a market capitalization of $1.15 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]