LKFN icon

Lakeland Financial Corp

59.13 USD
-0.31
0.52%
At close Apr 1, 3:59 PM EDT
After hours
58.81
-0.32
0.54%
1 day
-0.52%
5 days
-2.89%
1 month
-10.98%
3 months
-12.13%
6 months
-6.68%
Year to date
-12.13%
1 year
-8.41%
5 years
67.46%
10 years
228.14%
 

About: Lakeland Financial Corp is a bank holding company. It provides commercial, retail, wealth advisory, and investment management services. Lakeland offers a broad range of products and services throughout its Northern and Central Indiana markets. The company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. It serves a wide variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare.

Employees: 655

0
Funds holding %
of 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

200% more call options, than puts

Call options by funds: $21K | Put options by funds: $7K

7% more capital invested

Capital invested by funds: $1.4B [Q3] → $1.49B (+$92.2M) [Q4]

0.91% more ownership

Funds ownership: 83.9% [Q3] → 84.81% (+0.91%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

4% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 28

2% less funds holding

Funds holding: 234 [Q3] → 230 (-4) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 80

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$74
25%
upside
Avg. target
$74
25%
upside
High target
$74
25%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Keefe, Bruyette & Woods
Damon Delmonte
19% 1-year accuracy
5 / 27 met price target
25%upside
$74
Market Perform
Reiterated
27 Jan 2025

Financial journalist opinion

Positive
Zacks Investment Research
2 weeks ago
Why Lakeland Financial (LKFN) is a Great Dividend Stock Right Now
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Why Lakeland Financial (LKFN) is a Great Dividend Stock Right Now
Positive
Zacks Investment Research
1 month ago
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Why Lakeland Financial (LKFN) is a Top Dividend Stock for Your Portfolio
Positive
Zacks Investment Research
1 month ago
Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Lakeland Financial (LKFN) is a Top Dividend Stock Right Now: Should You Buy?
Positive
Zacks Investment Research
1 month ago
All You Need to Know About Lakeland Financial (LKFN) Rating Upgrade to Strong Buy
Lakeland Financial (LKFN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
All You Need to Know About Lakeland Financial (LKFN) Rating Upgrade to Strong Buy
Positive
Zacks Investment Research
2 months ago
Lakeland Financial (LKFN) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Lakeland Financial (LKFN) have what it takes?
Lakeland Financial (LKFN) Could Be a Great Choice
Neutral
Zacks Investment Research
2 months ago
Lakeland Financial (LKFN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Lakeland Financial (LKFN) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Lakeland Financial (LKFN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Neutral
GlobeNewsWire
2 months ago
Lakeland Financial Reports Annual Net Income of $93.5 million, Organic Average Loan Growth of 5% and Average Deposit Growth of 4%
WARSAW, Ind., Jan. 24, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported net income of $93.5 million for the year ended December 31, 2024, versus $93.8 million for the year ended December 31, 2023. Diluted earnings per share were $3.63 for the twelve months ended December 31, 2024, versus $3.65 for 2023.
Lakeland Financial Reports Annual Net Income of $93.5 million, Organic Average Loan Growth of 5% and Average Deposit Growth of 4%
Positive
Zacks Investment Research
2 months ago
4 Stocks With Growth Potential That Recently Announced Dividend Hikes
PLBC, BUSE, LKFN and RPRX recently announced dividend hikes.
4 Stocks With Growth Potential That Recently Announced Dividend Hikes
Neutral
Zacks Investment Research
2 months ago
Gear Up for Lakeland Financial (LKFN) Q4 Earnings: Wall Street Estimates for Key Metrics
Get a deeper insight into the potential performance of Lakeland Financial (LKFN) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Gear Up for Lakeland Financial (LKFN) Q4 Earnings: Wall Street Estimates for Key Metrics
Neutral
GlobeNewsWire
2 months ago
Lake City Bank Promotes Stephanie R. Leniski to Executive Vice President
WARSAW, Ind., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that Stephanie R. Leniski has been promoted to Executive Vice President, Chief Retail Banking Officer.
Lake City Bank Promotes Stephanie R. Leniski to Executive Vice President
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