LKFN Stock Overview
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Lakeland Financial Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$62.64 |
| 52 Week High | US$73.22 |
| 52 Week Low | US$43.05 |
| Beta | 0.66 |
| 1 Month Change | -1.62% |
| 3 Month Change | -9.41% |
| 1 Year Change | 21.47% |
| 3 Year Change | -4.61% |
| 5 Year Change | 31.96% |
| Change since IPO | 2,906.72% |
Recent News & Updates
Recent updates
Lakeland Financial (NASDAQ:LKFN) Has Announced A Dividend Of $0.48
Apr 14
Lakeland Financial Corporation Just Beat EPS By 7.8%: Here's What Analysts Think Will Happen Next
Jan 28Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year
Jul 15Here's Why We Think Lakeland Financial (NASDAQ:LKFN) Is Well Worth Watching
Jun 09Lakeland Financial (NASDAQ:LKFN) Is Increasing Its Dividend To $0.46
Apr 15Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?
Mar 09Lakeland Financial's (NASDAQ:LKFN) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 14Is Now The Time To Put Lakeland Financial (NASDAQ:LKFN) On Your Watchlist?
Dec 06Lakeland Financial goes ex-dividend tomorrow
Jul 21I Built A List Of Growing Companies And Lakeland Financial (NASDAQ:LKFN) Made The Cut
Jun 10Lakeland Financial (NASDAQ:LKFN) Is Paying Out A Larger Dividend Than Last Year
Apr 16Lakeland Financial: Strong Topline Growth Likely, But Market Price Is High
Feb 18If You Like EPS Growth Then Check Out Lakeland Financial (NASDAQ:LKFN) Before It's Too Late
Jan 21Should You Be Adding Lakeland Financial (NASDAQ:LKFN) To Your Watchlist Today?
Oct 11If You Like EPS Growth Then Check Out Lakeland Financial (NASDAQ:LKFN) Before It's Too Late
May 08Lakeland Financial EPS beats by $0.02, misses on revenue
Apr 26Shareholder Returns
| LKFN | US Banks | US Market | |
|---|---|---|---|
| 7D | 6.7% | 6.8% | 1.2% |
| 1Y | 21.5% | 34.4% | 24.9% |
Return vs Industry: LKFN underperformed the US Banks industry which returned 34% over the past year.
Return vs Market: LKFN underperformed the US Market which returned 24.7% over the past year.
Price Volatility
| LKFN volatility | |
|---|---|
| LKFN Average Weekly Movement | 5.5% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: LKFN has not had significant price volatility in the past 3 months.
Volatility Over Time: LKFN's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1872 | 626 | David Findlay | www.lakecitybank.com |
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.
Lakeland Financial Corporation Fundamentals Summary
| LKFN fundamental statistics | |
|---|---|
| Market cap | US$1.60b |
| Earnings (TTM) | US$93.77m |
| Revenue (TTM) | US$241.04m |
17.0x
P/E Ratio2.5x
P/B RatioIs LKFN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| LKFN income statement (TTM) | |
|---|---|
| Revenue | US$241.04m |
| Cost of Revenue | US$0 |
| Gross Profit | US$241.04m |
| Other Expenses | US$147.28m |
| Earnings | US$93.77m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
Apr 25, 2024
| Earnings per share (EPS) | 3.68 |
| Gross Margin | 100.00% |
| Net Profit Margin | 38.90% |
| Debt/Equity Ratio | 7.7% |
How did LKFN perform over the long term?
See historical performance and comparisonDividends
3.1%
Current Dividend Yield51%
Payout RatioDoes LKFN pay a reliable dividends?
See LKFN dividend history and benchmarks| Lakeland Financial dividend dates | |
|---|---|
| Ex Dividend Date | Apr 24 2024 |
| Dividend Pay Date | May 06 2024 |
| Days until Ex dividend | 1 day |
| Days until Dividend pay date | 11 days |
Does LKFN pay a reliable dividends?
See LKFN dividend history and benchmarks