Lakeland Industries (LAKE) Expected to Announce Quarterly Earnings on Tuesday

Lakeland Industries (NASDAQ:LAKE) is expected to be issuing its Q1 2026 quarterly earnings data before the market opens on Tuesday, June 3rd. Analysts expect the company to announce earnings of $0.27 per share and revenue of $48.84 million for the quarter. Lakeland Industries has set its FY 2026 guidance at EPS.

Lakeland Industries (NASDAQ:LAKE) last posted its quarterly earnings results on Wednesday, April 9th. The medical instruments supplier reported ($0.54) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.97). Lakeland Industries had a positive return on equity of 1.66% and a negative net margin of 0.42%. The business had revenue of $46.60 million during the quarter, compared to the consensus estimate of $47.10 million. During the same quarter in the previous year, the company earned $0.72 earnings per share. On average, analysts expect Lakeland Industries to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Lakeland Industries Trading Down 2.8%

LAKE stock opened at $18.24 on Tuesday. Lakeland Industries has a 1-year low of $14.58 and a 1-year high of $27.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.23 and a quick ratio of 1.77. The company has a market capitalization of $173.48 million, a price-to-earnings ratio of -202.67 and a beta of 1.10. The business has a 50 day simple moving average of $17.73 and a two-hundred day simple moving average of $21.23.

Lakeland Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 15th were paid a $0.03 dividend. The ex-dividend date was Thursday, May 15th. This represents a $0.12 annualized dividend and a yield of 0.66%. Lakeland Industries’s payout ratio is -5.04%.

Wall Street Analysts Forecast Growth

LAKE has been the subject of several recent analyst reports. Wall Street Zen upgraded Lakeland Industries to a “sell” rating in a research note on Wednesday, May 7th. Lake Street Capital started coverage on Lakeland Industries in a research report on Tuesday, March 11th. They set a “buy” rating and a $30.00 target price for the company. Finally, DA Davidson lowered their target price on Lakeland Industries from $28.00 to $23.00 and set a “buy” rating for the company in a research report on Tuesday, April 15th. One analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Cubist Systematic Strategies LLC bought a new position in shares of Lakeland Industries during the 1st quarter valued at approximately $164,000. Goldman Sachs Group Inc. lifted its position in Lakeland Industries by 42.3% in the first quarter. Goldman Sachs Group Inc. now owns 44,435 shares of the medical instruments supplier’s stock worth $902,000 after buying an additional 13,219 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in Lakeland Industries by 107.7% during the first quarter. Jane Street Group LLC now owns 40,180 shares of the medical instruments supplier’s stock worth $816,000 after buying an additional 20,832 shares during the period. 71.69% of the stock is currently owned by institutional investors.

About Lakeland Industries

Lakeland Industries, Inc manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers firefighting and heat protective apparel to protect against fire; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks.