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Lakeland Financial (LKFN) Competitors

$64.80
-1.18 (-1.79%)
(As of 09/6/2024 ET)

LKFN vs. BUSE, EFSC, BANR, TBK, VBTX, PB, BOKF, SNV, ONB, and HOMB

Should you be buying Lakeland Financial stock or one of its competitors? The main competitors of Lakeland Financial include First Busey (BUSE), Enterprise Financial Services (EFSC), Banner (BANR), Triumph Financial (TBK), Veritex (VBTX), Prosperity Bancshares (PB), BOK Financial (BOKF), Synovus Financial (SNV), Old National Bancorp (ONB), and Home Bancshares, Inc. (Conway, AR) (HOMB). These companies are all part of the "finance" sector.

Lakeland Financial vs.

First Busey (NASDAQ:BUSE) and Lakeland Financial (NASDAQ:LKFN) are both small-cap finance companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, profitability, earnings, media sentiment, dividends, analyst recommendations, community ranking and valuation.

First Busey pays an annual dividend of $0.96 per share and has a dividend yield of 3.7%. Lakeland Financial pays an annual dividend of $1.92 per share and has a dividend yield of 3.0%. First Busey pays out 48.5% of its earnings in the form of a dividend. Lakeland Financial pays out 53.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Lakeland Financial has increased its dividend for 13 consecutive years. First Busey is clearly the better dividend stock, given its higher yield and lower payout ratio.

Lakeland Financial has a net margin of 23.70% compared to First Busey's net margin of 17.18%. Lakeland Financial's return on equity of 14.72% beat First Busey's return on equity.

Company Net Margins Return on Equity Return on Assets
First Busey17.18% 9.10% 0.96%
Lakeland Financial 23.70%14.72%1.42%

56.5% of First Busey shares are held by institutional investors. Comparatively, 81.2% of Lakeland Financial shares are held by institutional investors. 7.1% of First Busey shares are held by insiders. Comparatively, 3.3% of Lakeland Financial shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

First Busey received 2 more outperform votes than Lakeland Financial when rated by MarketBeat users. However, 56.60% of users gave Lakeland Financial an outperform vote while only 54.51% of users gave First Busey an outperform vote.

CompanyUnderperformOutperform
First BuseyOutperform Votes
375
54.51%
Underperform Votes
313
45.49%
Lakeland FinancialOutperform Votes
373
56.60%
Underperform Votes
286
43.40%

First Busey has higher revenue and earnings than Lakeland Financial. First Busey is trading at a lower price-to-earnings ratio than Lakeland Financial, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Busey$444.45M3.32$122.57M$1.9813.13
Lakeland Financial$253.80M6.51$93.77M$3.6217.90

In the previous week, First Busey had 3 more articles in the media than Lakeland Financial. MarketBeat recorded 5 mentions for First Busey and 2 mentions for Lakeland Financial. Lakeland Financial's average media sentiment score of 0.56 beat First Busey's score of 0.49 indicating that Lakeland Financial is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Busey
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Lakeland Financial
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Busey presently has a consensus price target of $28.60, indicating a potential upside of 10.00%. Lakeland Financial has a consensus price target of $71.00, indicating a potential upside of 9.57%. Given First Busey's stronger consensus rating and higher possible upside, research analysts plainly believe First Busey is more favorable than Lakeland Financial.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Busey
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80
Lakeland Financial
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

First Busey has a beta of 0.84, indicating that its share price is 16% less volatile than the S&P 500. Comparatively, Lakeland Financial has a beta of 0.66, indicating that its share price is 34% less volatile than the S&P 500.

Summary

First Busey beats Lakeland Financial on 11 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding LKFN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LKFN vs. The Competition

MetricLakeland FinancialState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$1.65B$3.05B$10.03B$7.88B
Dividend Yield2.82%3.80%9.82%4.02%
P/E Ratio17.9013.6031.8917.90
Price / Sales6.512.873,158.9979.14
Price / Cash15.4010.0028.2732.58
Price / Book2.531.132.384.44
Net Income$93.77M$413.32M$1.02B$224.46M
7 Day Performance-4.92%-3.40%-1.38%-3.60%
1 Month Performance4.75%5.24%5.20%5.28%
1 Year Performance29.34%25.49%18.03%4.44%

Lakeland Financial Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BUSE
First Busey
4.4819 of 5 stars
4.48 / 5 stars
$27.49
+1.6%
$28.60
+4.0%
+29.6%$1.56B$444.45M13.881,479Analyst Downgrade
High Trading Volume
EFSC
Enterprise Financial Services
3.3248 of 5 stars
3.32 / 5 stars
$52.00
-1.7%
$50.67
-2.6%
+30.1%$1.95B$531.97M11.131,221Positive News
BANR
Banner
1.5994 of 5 stars
1.60 / 5 stars
$58.79
-1.3%
$54.00
-8.1%
+31.6%$2.03B$595.20M12.221,966News Coverage
TBK
Triumph Financial
0 of 5 stars
0.00 / 5 stars
N/AN/AN/A$1.44B$442.06M13.631,251Analyst Forecast
News Coverage
VBTX
Veritex
4.4894 of 5 stars
4.49 / 5 stars
$24.64
-2.2%
$27.50
+11.6%
+31.1%$1.34B$422.61M14.33820
PB
Prosperity Bancshares
4.69 of 5 stars
4.69 / 5 stars
$72.95
-0.9%
$76.04
+4.2%
+27.3%$6.95B$1.60B16.813,850Positive News
BOKF
BOK Financial
4.4472 of 5 stars
4.45 / 5 stars
$103.39
-1.5%
$108.00
+4.5%
+23.5%$6.67B$1.92B15.074,877Positive News
SNV
Synovus Financial
4.5995 of 5 stars
4.60 / 5 stars
$44.94
-2.6%
$46.44
+3.3%
+39.6%$6.47B$3.45B15.394,879Dividend Announcement
News Coverage
ONB
Old National Bancorp
4.1763 of 5 stars
4.18 / 5 stars
$19.54
-1.6%
$19.63
+0.4%
+23.5%$6.23B$2.54B10.563,940News Coverage
HOMB
Home Bancshares, Inc. (Conway, AR)
3.0601 of 5 stars
3.06 / 5 stars
$27.77
-0.3%
$27.25
-1.9%
+21.3%$5.56B$974.34M14.312,819Positive News

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This page (NASDAQ:LKFN) was last updated on 9/7/2024 by MarketBeat.com Staff

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