NASDAQ:LKFN Lakeland Financial (LKFN) Stock Price, News & Analysis → $25,000 into $109,616 in two months? (From WealthPress) (Ad) Free LKFN Stock Alerts $61.92 -0.50 (-0.80%) (As of 12:14 PM ET) Add Compare Share Share Today's Range$61.65▼$62.6950-Day Range$58.20▼$66.6352-Week Range$43.05▼$73.22Volume28,296 shsAverage Volume124,288 shsMarket Capitalization$1.61 billionP/E Ratio16.96Dividend Yield3.10%Price Target$74.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Lakeland Financial alerts: Email Address Lakeland Financial MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside19.4% Upside$74.00 Price TargetShort InterestBearish8.62% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.22Based on 6 Articles This WeekInsider TradingSelling Shares$3.67 M Sold Last QuarterProj. Earnings Growth0.29%From $3.49 to $3.50 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.68 out of 5 starsFinance Sector552nd out of 855 stocksState Commercial Banks Industry133rd out of 179 stocks 2.3 Analyst's Opinion Consensus RatingLakeland Financial has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageLakeland Financial has only been the subject of 2 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted8.62% of the float of Lakeland Financial has been sold short.Short Interest Ratio / Days to CoverLakeland Financial has a short interest ratio ("days to cover") of 16.6, which indicates bearish sentiment.Change versus previous monthShort interest in Lakeland Financial has recently increased by 1.40%, indicating that investor sentiment is decreasing. Previous Next 4.2 Dividend Strength Dividend YieldLakeland Financial pays a meaningful dividend of 3.13%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLakeland Financial has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Lakeland Financial is 52.60%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lakeland Financial will have a dividend payout ratio of 54.86% next year. This indicates that Lakeland Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LKFN. Previous Next 1.8 News and Social Media Coverage News SentimentLakeland Financial has a news sentiment score of 0.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Lakeland Financial this week, compared to 2 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lakeland Financial insiders have sold 15,818.33% more of their company's stock than they have bought. Specifically, they have bought $23,058.00 in company stock and sold $3,670,449.00 in company stock.Percentage Held by InsidersOnly 3.30% of the stock of Lakeland Financial is held by insiders.Percentage Held by Institutions81.15% of the stock of Lakeland Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Lakeland Financial are expected to grow by 0.29% in the coming year, from $3.49 to $3.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lakeland Financial is 16.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Lakeland Financial is 16.98, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.74.Price to Book Value per Share RatioLakeland Financial has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad The TradingPubAt first glance, this chart looks like nonsense…We can isolate the most bullish dates to buy Netflix each and every year… That’s why one former hedge fund manager calls these dates… “Hotspot Dates”But if you want the stock with “Hotspot Dates” hitting NEXT WEEK… About Lakeland Financial Stock (NASDAQ:LKFN)Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States. 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, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and mobile business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. The company was founded in 1872 and is headquartered in Warsaw, Indiana.Read More LKFN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LKFN Stock News HeadlinesApril 22, 2024 | americanbankingnews.comLakeland Financial Co. Announces Quarterly Dividend of $0.48 (NASDAQ:LKFN)April 19, 2024 | finance.yahoo.comLakeland Financial Corporation (NASDAQ:LKFN) Goes Ex-Dividend SoonApril 24, 2024 | Insider Financial (Ad)Thousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.April 18, 2024 | markets.businessinsider.comLakeland Bancorp is about to announce earnings — here's what Wall Street expectsApril 18, 2024 | americanbankingnews.comLakeland Financial (LKFN) Set to Announce Earnings on ThursdayApril 17, 2024 | msn.comWith airport expansion on the horizon, Lakeland plans to buy 31 acres from Morgan CreekApril 13, 2024 | finance.yahoo.comLakeland Financial (NASDAQ:LKFN) Will Pay A Dividend Of $0.48April 10, 2024 | seekingalpha.comLakeland Q4 2024 Earnings PreviewApril 24, 2024 | Insiders Exposed (Ad)The Hard Truth About Investing For RetirementHere’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.April 5, 2024 | money.usnews.comLakeland Bancorp, Inc.April 5, 2024 | msn.comLakeland’s downtown facial recognition camera software disabled after ACLU expresses concernApril 3, 2024 | msn.comLakeland Community College President Dr. Morris Beverage Jr. abruptly resigns ahead of planned August retirementApril 3, 2024 | benzinga.comLakeland Industries Acquires Fire & Rescue Business Of LHD Group For $16.7MMarch 30, 2024 | msn.comHow do Lakeland's downtown facial-recognition cameras work? LDDA offers answersMarch 21, 2024 | msn.comLDDA is tracking 'people of interest' in downtown Lakeland using facial recognitionFebruary 23, 2024 | finance.yahoo.comLKFN Mar 2024 70.000 putFebruary 20, 2024 | news.yahoo.comDowntown Lakeland business owners concerned about idea to eliminate free parkingFebruary 19, 2024 | finance.yahoo.comLakeland Financial Corporation (NASDAQ:LKFN) is a favorite amongst institutional investors who own 83%January 30, 2024 | wsj.comLakeland Financial Corp.January 26, 2024 | msn.comLakeland Financial Executives Share Investor Meeting MaterialsJanuary 25, 2024 | finance.yahoo.comLakeland Financial Reports Annual Net Income of $93.8 Million and 9% Annualized Average Loan GrowthJanuary 25, 2024 | finance.yahoo.comLakeland Financial Corp (LKFN) Reports Decline in Annual Net Income Amidst Strong Loan GrowthJanuary 25, 2024 | finance.yahoo.comHere's What Key Metrics Tell Us About Lakeland Financial (LKFN) Q4 EarningsJanuary 23, 2024 | finance.yahoo.comUnlocking Q4 Potential of Lakeland Financial (LKFN): Exploring Wall Street Estimates for Key MetricsJanuary 13, 2024 | finance.yahoo.comLakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last YearJanuary 9, 2024 | msn.comLakeland Financial declares $0.48 dividendDecember 21, 2023 | news.yahoo.comLakeland sees multi-generational shift to physical media, vinyl records for the holidaysSee More Headlines Receive LKFN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lakeland Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/5 Dividend1/24/2024Last Earnings1/25/2024Dividend Payable2/05/2024Today4/24/2024Ex-Dividend for 5/6 Dividend4/24/2024Next Earnings (Confirmed)4/25/2024Dividend Payable5/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:LKFN CUSIP51165610 CIK721994 Webwww.lakecitybank.com Phone(574) 267-6144Fax574-267-6063Employees608Year Founded1872Price Target and Rating Average Stock Price Target$74.00 High Stock Price Target$78.00 Low Stock Price Target$70.00 Potential Upside/Downside+17.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.65 Trailing P/E Ratio17.23 Forward P/E Ratio18.02 P/E GrowthN/ANet Income$93.77 million Net Margins23.85% Pretax Margin28.07% Return on Equity14.89% Return on Assets1.38% Debt Debt-to-Equity Ratio0.08 Current Ratio0.88 Quick Ratio0.88 Sales & Book Value Annual Sales$393.12 million Price / Sales4.16 Cash Flow$4.54 per share Price / Cash Flow13.86 Book Value$25.55 per share Price / Book2.46Miscellaneous Outstanding Shares25,970,000Free Float25,109,000Market Cap$1.63 billion OptionableOptionable Beta0.67 Social Links Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. David M. Findlay (Age 62)Chairman & CEO Comp: $984.55kMs. Kristin L. Pruitt (Age 52)President & Director Comp: $559.48kMs. Lisa M. O'Neill (Age 56)Executive VP & CFO Comp: $424.98kMr. Rickard James DonovanSenior VP, General Counsel & SecretaryMr. Eric H. Ottinger (Age 54)Executive VP & Chief Commercial Banking Officer Comp: $502.23kMr. Brok A. Lahrman (Age 37)Chief Accounting Officer & Senior VP of Finance Ms. Kyra E. ClarkSenior VP & Chief Human Resource OfficerMr. Jonathan P. Steiner (Age 62)Senior VP & Chief Wealth Advisory Officer Ms. Stephanie R. LeniskiSenior VP & Chief Retail Banking OfficerKirtus D. MurraySenior VP of Consumer & Home Loans and Retail Lending ManagerMore ExecutivesKey CompetitorsBannerNASDAQ:BANROFG BancorpNYSE:OFGRenasantNASDAQ:RNSTHeartland Financial USANASDAQ:HTLFEnterprise Financial ServicesNASDAQ:EFSCView All CompetitorsInsiders & InstitutionsKFG Wealth Management LLCSold 2,500 shares on 4/19/2024Ownership: 0.058%Bridge City Capital LLCBought 241 shares on 4/12/2024Ownership: 0.121%GAMMA Investing LLCSold 438 shares on 4/5/2024Ownership: 0.002%PNC Financial Services Group Inc.Sold 1,850 shares on 3/22/2024Ownership: 0.018%David M FindlaySold 12,000 sharesTotal: $783,120.00 ($65.26/share)View All Insider TransactionsView All Institutional Transactions LKFN Stock Analysis - Frequently Asked Questions Should I buy or sell Lakeland Financial stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lakeland Financial in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LKFN shares. View LKFN analyst ratings or view top-rated stocks. What is Lakeland Financial's stock price target for 2024? 2 Wall Street analysts have issued 1-year target prices for Lakeland Financial's stock. Their LKFN share price targets range from $70.00 to $78.00. On average, they predict the company's stock price to reach $74.00 in the next year. This suggests a possible upside of 19.4% from the stock's current price. View analysts price targets for LKFN or view top-rated stocks among Wall Street analysts. How have LKFN shares performed in 2024? Lakeland Financial's stock was trading at $65.16 on January 1st, 2024. Since then, LKFN stock has decreased by 4.9% and is now trading at $61.99. View the best growth stocks for 2024 here. When is Lakeland Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our LKFN earnings forecast. How were Lakeland Financial's earnings last quarter? Lakeland Financial Co. (NASDAQ:LKFN) posted its earnings results on Thursday, January, 25th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.10. The financial services provider earned $65.81 million during the quarter, compared to analyst estimates of $59.81 million. Lakeland Financial had a trailing twelve-month return on equity of 14.89% and a net margin of 23.85%. During the same period in the prior year, the business posted $1.01 earnings per share. How often does Lakeland Financial pay dividends? What is the dividend yield for Lakeland Financial? Lakeland Financial announced a quarterly dividend on Tuesday, April 9th. Investors of record on Thursday, April 25th will be given a dividend of $0.48 per share on Monday, May 6th. This represents a $1.92 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend is Wednesday, April 24th. Read our dividend analysis for LKFN. Is Lakeland Financial a good dividend stock? Lakeland Financial (NASDAQ:LKFN) pays an annual dividend of $1.92 per share and currently has a dividend yield of 3.13%. The company has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 52.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LKFN will have a dividend payout ratio of 54.86% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LKFN. What ETFs hold Lakeland Financial's stock? ETFs with the largest weight of Lakeland Financial (NASDAQ:LKFN) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV).First Trust RBA American Industrial Renaissance ETF (AIRR). 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 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). Who are Lakeland Financial's major shareholders? Lakeland Financial's stock is owned by many different retail and institutional investors. Top institutional investors include Bridge City Capital LLC (0.12%), KFG Wealth Management LLC (0.06%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Blake Augsburger, Brian J Smith, Brok A Lahrman, David M Findlay, Donald Robinson-Gay, Emily E Pichon, Eric H Ottinger, James Rickard Donovan, Jonathan P Steiner, Kristin Pruitt, Lisa M O'neill, M Scott Welch, Michael E Gavin, Michael L Kubacki, Robert E Bartels Jr, Stephanie R Leniski and Steven D Ross. View institutional ownership trends. How do I buy shares of Lakeland Financial? Shares of LKFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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