Lakeland Financial Corp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 170/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 66.80.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Lakeland Financial Corp's Score
Industry at a Glance
Industry Ranking
170 / 403
Overall Ranking
250 / 4563
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
5
analysts
Hold
Current Rating
66.800
Target Price
+13.92%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Lakeland Financial Corp Highlights
StrengthsRisks
Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, and trust and wealth management, brokerage, and treasury management commercial services. It serves a diverse customer base, including commercial customers across a wide variety of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank serves Central and Northern Indiana communities with 54 branch offices in 15 counties and a robust digital banking platform. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (the FDIC) to the maximum extent provided under federal law and FDIC regulations. It also provides credit card services to retail and commercial customers.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 52.73%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 52.73%.
Undervalued
The company’s latest PB is 2.01, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 22.55M shares, increasing 0.26% quarter-over-quarter.
Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, and trust and wealth management, brokerage, and treasury management commercial services. It serves a diverse customer base, including commercial customers across a wide variety of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank serves Central and Northern Indiana communities with 54 branch offices in 15 counties and a robust digital banking platform. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (the FDIC) to the maximum extent provided under federal law and FDIC regulations. It also provides credit card services to retail and commercial customers.
Ticker SymbolLKFN
CompanyLakeland Financial Corp
CEOFindlay (David M)
Websitehttps://www.lakecitybank.com/
FAQs
What is the current price of Lakeland Financial Corp (LKFN)?
The current price of Lakeland Financial Corp (LKFN) is 58.750.
What is the symbol of Lakeland Financial Corp?
The ticker symbol of Lakeland Financial Corp is LKFN.
What is the 52-week high of Lakeland Financial Corp?
The 52-week high of Lakeland Financial Corp is 71.765.
What is the 52-week low of Lakeland Financial Corp?
The 52-week low of Lakeland Financial Corp is 50.000.
What is the market capitalization of Lakeland Financial Corp?
The market capitalization of Lakeland Financial Corp is 1.50B.
What is the net income of Lakeland Financial Corp?
The net income of Lakeland Financial Corp is 93.48M.
Is Lakeland Financial Corp (LKFN) currently rated as Buy, Hold, or Sell?
According to analysts, Lakeland Financial Corp (LKFN) has an overall rating of Hold, with a price target of 66.800.
What is the Earnings Per Share (EPS TTM) of Lakeland Financial Corp (LKFN)?
The Earnings Per Share (EPS TTM) of Lakeland Financial Corp (LKFN) is 3.799.