Lakeland Financial Corp (LKFN)

• Market cap: $1.71B
• 1 day: 2.19%
• 5 days: 0.19%
• 1 month: -3.58%
• 3 months: -11.60%
• 6 months: -0.45%
• Year to date: -0.36%
• 1 year: 7.11%
• 5 years: 57.54%
• 10 years: 155.04%
• Sector: Financials
• Industry: State Commercial Banks

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

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 (+$92M) [Q4]

0.9% more ownership

Funds ownership: 83.9% [Q3] → 84.81% (+0.9%) [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 10% upside
• Avg. target: $74 10% upside
• High target: $74 10% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Damon Delmonte 73% 1-year accuracy 19 / 26 met price target

10% upside $74

Market Perform Reiterated

27 Jan 2025