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How to buy Lakeland Financial Corporation (LKFN) stocks in Canada

Learn how to easily invest in Lakeland Financial Corporation stocks.

Lakeland Financial Corporation is a banks-regional business based in the US. Lakeland Financial Corporation stocks (LKFN.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $61.61 – a decrease of 5.67% over the previous week. Lakeland Financial Corporation employs 592 staff and has a trailing 12-month revenue of around $220.9 million.

How to buy shares in Lakeland Financial Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – LKFN – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Lakeland Financial Corporation stock price (NASDAQ:LKFN)

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

Lakeland Financial Corporation shares at a glance

Information last updated 2022-01-17.
Latest market close$80.05
52-week range$55.81 - $85.29
50-day moving average $76.16
200-day moving average $68.59
Wall St. target price$71.67
PE ratio 22.5631
Dividend yield $1.36 (1.89%)
Earnings per share (TTM) $3.76

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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.

Lakeland Financial Corporation price performance over time

Historical closes compared with the close of $80.05 from 2022-01-20

1 week (2022-01-14) -5.67%
1 month (2021-12-21) 5.52%
3 months (2021-10-21) 3.61%
6 months (2021-07-21) 37.38%
1 year (2021-01-21) 33.31%
2 years (2020-01-21) 64.34%
3 years (2019-01-18) 80.13%
5 years (2017-01-20) 81.19%

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 23x. In other words, Lakeland Financial Corporation shares trade at around 23x 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 $220.9 million
Operating margin TTM 53.79%
Gross profit TTM $195.1 million
Return on assets TTM 1.63%
Return on equity TTM 14.55%
Profit margin 43.48%
Book value $27.00
Market capitalisation $2.1 billion

TTM: trailing 12 months

Lakeland Financial Corporation share dividends

38%

Dividend payout ratio: 37.77% of net profits

Recently Lakeland Financial Corporation has paid out, on average, around 37.77% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.89% 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 1.89% return on their shares, in the form of dividend payments. In Lakeland Financial Corporation's case, that would currently equate to about $1.36 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 6 February 2022. The latest dividend was paid out to all shareholders who bought their shares by 23 January 2022 (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 $55.8133 up to $85.29. A popular way to gauge a stock's volatility is its "beta".

LKFN.US volatility(beta: 0.78)Avg. volatility(beta: 1.00)LowHigh

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 0.779. 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.

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