Lakeland Financial Stock Forecast, Price & News

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Lakeland Financial saw a increase in short interest during the month of July. As of July 15th, there was short interest totaling 693,900 shares, an increase of 36.0% from the June 30th total of 510,400 shares. Based on an average daily trading volume, of 96,000 shares, the short-interest ratio is presently 7.2 days. Approximately 2.9% of the shares of the stock are sold short.
View Lakeland Financial's Short Interest.

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

Lakeland Financial Co. (NASDAQ:LKFN) posted its quarterly earnings results on Sunday, July, 25th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. Lakeland Financial had a trailing twelve-month return on equity of 14.03% and a net margin of 37.62%.
View Lakeland Financial's earnings history.

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 87.2% and is now trading at $65.77.
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Lakeland Financial declared a quarterly dividend on Thursday, July 15th. Stockholders of record on Friday, July 23rd will be given a dividend of $0.34 per share on Thursday, August 5th. This represents a $1.36 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, July 22nd.
View Lakeland Financial's dividend history.

Lakeland Financial pays an annual dividend of $1.36 per share and currently has a dividend yield of 2.31%. 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 40.96% next year. This indicates that Lakeland Financial will be able to sustain or increase its dividend.
View Lakeland Financial's dividend history.

Some companies that are related to Lakeland Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Commerce Bancshares (CBSH).
View all of LKFN's competitors.

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).

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

Lakeland Financial's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Aptus Capital Advisors LLC (0.14%). 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 Aptus Capital Advisors LLC. Company insiders that have bought Lakeland Financial stock in the last two years include Brian J Smith, Daniel F Evans, James Rickard Donovan, Lisa M O'neill, M Scott Welch, and Robert E Bartels Jr.
View insider buying and selling activity for Lakeland Financial or or view top insider-buying stocks.

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.
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One share of LKFN stock can currently be purchased for approximately $65.77.

Lakeland Financial has a market capitalization of $1.66 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.

Lakeland Financial employs 587 workers across the globe.

The official website for Lakeland Financial is www.lakecitybank.com.

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

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]