How to buy Lakeland Financial Corporation stock

Lakeland Financial Corporation is a banks-regional business based in the US. Lakeland Financial Corporation shares (LKFN) are listed on the NASDAQ and all prices are listed in US Dollars. Lakeland Financial Corporation employs 573 staff and has a trailing 12-month revenue of around 0.00.

Lakeland Financial Corporation share price

Use our graph to track the performance of LKFN stocks over time.

Lakeland Financial Corporation shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$33.22 - $76.67
50-day moving average	$69.68
200-day moving average	$60.18
Wall St. target price	$67.67
PE ratio	18.6095
Dividend yield	$1.28 (1.95%)
Earnings per share (TTM)	$3.53

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Is it a good time to buy Lakeland Financial Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Lakeland Financial Corporation by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Lakeland Financial Corporation under- or over-valued?

Valuing Lakeland Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lakeland Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lakeland Financial Corporation's P/E ratio

Lakeland Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Lakeland Financial Corporation shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lakeland Financial Corporation's PEG ratio

Lakeland Financial Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.04. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Lakeland Financial Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Lakeland Financial Corporation financials

Revenue TTM	$206.8 million
Operating margin TTM	54.57%
Gross profit TTM	$195.1 million
Return on assets TTM	1.63%
Return on equity TTM	14.31%
Profit margin	43.53%
Book value	$25.76
Market capitalisation	$1.7 billion

TTM: trailing 12 months

Shorting Lakeland Financial Corporation shares

There are currently 586,906 Lakeland Financial Corporation shares held short by investors – that's known as Lakeland Financial Corporation's "short interest". This figure is 10% down from 651,932 last month.

There are a few different ways that this level of interest in shorting Lakeland Financial Corporation shares can be evaluated.

Lakeland Financial Corporation's "short interest ratio" (SIR)

Lakeland Financial Corporation's "short interest ratio" (SIR) is the quantity of Lakeland Financial Corporation shares currently shorted divided by the average quantity of Lakeland Financial Corporation shares traded daily (recently around 124608.492569). Lakeland Financial Corporation's SIR currently stands at 4.71. In other words for every 100,000 Lakeland Financial Corporation shares traded daily on the market, roughly 4710 shares are currently held short.

However Lakeland Financial Corporation's short interest can also be evaluated against the total number of Lakeland Financial Corporation shares, or, against the total number of tradable Lakeland Financial Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lakeland Financial Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Lakeland Financial Corporation shares in existence, roughly 20 shares are currently held short) or 0.0238% of the tradable shares (for every 100,000 tradable Lakeland Financial Corporation shares, roughly 24 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lakeland Financial Corporation.

Find out more about how you can short Lakeland Financial Corporation stock.

Lakeland Financial Corporation share dividends

Dividend payout ratio: 30.48% of net profits

Recently Lakeland Financial Corporation has paid out, on average, around 30.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.07% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Lakeland Financial Corporation shareholders could enjoy a 2.07% return on their shares, in the form of dividend payments. In Lakeland Financial Corporation's case, that would currently equate to about $1.28 per share.

While Lakeland Financial Corporation's payout ratio might seem fairly standard, it's worth remembering that Lakeland Financial Corporation may be investing much of the rest of its net profits in future growth.

Lakeland Financial Corporation's most recent dividend payout was on 4 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 21 April 2021 (the "ex-dividend date").

Have Lakeland Financial Corporation's shares ever split?

Lakeland Financial Corporation's shares were split on a 3:2 basis on 7 August 2016. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Lakeland Financial Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Lakeland Financial Corporation shares which in turn could have impacted Lakeland Financial Corporation's share price.

Lakeland Financial Corporation share price volatility

Over the last 12 months, Lakeland Financial Corporation's shares have ranged in value from as little as $33.216 up to $76.6678. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lakeland Financial Corporation's is 0.8891. This would suggest that Lakeland Financial Corporation's shares are less volatile than average (for this exchange).

Lakeland Financial Corporation overview

Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. 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, agri-business and agricultural, consumer 1-4 family mortgage, and other consumer loans. The company also offers retail and merchant credit card services; corporate treasury management, wealth advisory, and trust services; retail brokerage services, including various financial and investment products, such as annuities and life insurance; and internet business banking and on-line treasury management services. It serves commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and health care industries. As of December 31, 2020, the company operated 50 offices in fifteen counties, including 44 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Frequently asked questions

• What percentage of Lakeland Financial Corporation is owned by insiders or institutions?

  Currently 3.703% of Lakeland Financial Corporation shares are held by insiders and 74.711% by institutions.

• How many people work for Lakeland Financial Corporation?

  Latest data suggests 573 work at Lakeland Financial Corporation.

• When does the fiscal year end for Lakeland Financial Corporation?

  Lakeland Financial Corporation's fiscal year ends in December.

• Where is Lakeland Financial Corporation based?

  Lakeland Financial Corporation's address is: 202 East Center Street, Warsaw, IN, United States, 46581-1387

• What is Lakeland Financial Corporation's ISIN number?

  Lakeland Financial Corporation's international securities identification number is: US5116561003

• What is Lakeland Financial Corporation's CUSIP number?

  Lakeland Financial Corporation's Committee on Uniform Securities Identification Procedures number is: 511656100