Lakeland Financial (LKFN) Projected to Post Earnings on Friday

Lakeland Financial (NASDAQ:LKFNGet Free Report) is expected to be announcing its Q3 2025 results before the market opens on Friday, October 24th. Analysts expect the company to announce earnings of $1.02 per share and revenue of $69.1520 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Friday, October 24, 2025 at 7:00 AM ET.

Lakeland Financial (NASDAQ:LKFNGet Free Report) last announced its earnings results on Friday, July 25th. The financial services provider reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.11. Lakeland Financial had a net margin of 22.55% and a return on equity of 13.57%. The company had revenue of $63.36 million during the quarter, compared to analysts’ expectations of $67.02 million. During the same quarter in the previous year, the business posted $0.87 earnings per share. On average, analysts expect Lakeland Financial to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Lakeland Financial Stock Down 5.0%

Shares of NASDAQ:LKFN opened at $58.73 on Friday. Lakeland Financial has a 12-month low of $50.00 and a 12-month high of $78.61. The company’s 50 day moving average price is $64.70 and its two-hundred day moving average price is $61.50. The firm has a market cap of $1.50 billion, a PE ratio of 16.00 and a beta of 0.59.

Lakeland Financial Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 5th. Investors of record on Saturday, October 25th will be given a $0.50 dividend. The ex-dividend date is Friday, October 24th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Lakeland Financial’s dividend payout ratio (DPR) is presently 54.50%.

Insider Activity at Lakeland Financial

In other news, CFO Lisa M. O’neill sold 2,500 shares of the firm’s stock in a transaction on Tuesday, July 29th. The shares were sold at an average price of $66.72, for a total transaction of $166,800.00. Following the completion of the transaction, the chief financial officer owned 34,366 shares of the company’s stock, valued at approximately $2,292,899.52. This trade represents a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Eric H. Ottinger sold 4,635 shares of the business’s stock in a transaction on Monday, August 25th. The stock was sold at an average price of $67.07, for a total transaction of $310,869.45. Following the completion of the sale, the executive vice president directly owned 32,282 shares in the company, valued at approximately $2,165,153.74. This represents a 12.56% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,435 shares of company stock valued at $497,769. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Lakeland Financial

Several institutional investors have recently added to or reduced their stakes in the business. State Street Corp lifted its position in shares of Lakeland Financial by 4.4% during the 2nd quarter. State Street Corp now owns 1,354,542 shares of the financial services provider’s stock valued at $83,237,000 after acquiring an additional 57,252 shares during the period. First Trust Advisors LP raised its holdings in shares of Lakeland Financial by 403.6% during the second quarter. First Trust Advisors LP now owns 383,525 shares of the financial services provider’s stock valued at $23,568,000 after purchasing an additional 307,371 shares during the period. Millennium Management LLC raised its holdings in shares of Lakeland Financial by 327.9% during the first quarter. Millennium Management LLC now owns 199,323 shares of the financial services provider’s stock valued at $11,848,000 after purchasing an additional 152,738 shares during the period. Bank of America Corp DE increased its position in Lakeland Financial by 38.2% in the 2nd quarter. Bank of America Corp DE now owns 190,134 shares of the financial services provider’s stock valued at $11,684,000 after buying an additional 52,558 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its stake in Lakeland Financial by 44.4% during the 2nd quarter. Qube Research & Technologies Ltd now owns 115,866 shares of the financial services provider’s stock worth $7,120,000 after buying an additional 35,610 shares during the period. 81.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LKFN. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $68.00 price target (up previously from $65.00) on shares of Lakeland Financial in a report on Monday, July 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Lakeland Financial in a report on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $70.00.

View Our Latest Stock Analysis on Lakeland Financial

Lakeland Financial Company Profile

(Get Free Report)

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.

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Earnings History for Lakeland Financial (NASDAQ:LKFN)

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