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NASDAQ: LKFN
Lakeland Financial Corp Stock

$59.28+0.80 (+1.37%)
Updated Apr 15, 2024
LKFN Price
$59.28
Fair Value Price
N/A
Market Cap
$1.51B
52 Week Low
$43.05
52 Week High
$73.22
P/E
16.15x
P/B
2.33x
P/S
6.92x
PEG
7.62x
Dividend Yield
3.14%
Revenue
$241.04M
Earnings
$93.77M
Gross Margin
100%
Operating Margin
45.77%
Profit Margin
38.9%
Debt to Equity
9.04
Operating Cash Flow
$114M
Beta
0.84
Next Earnings
Apr 25, 2024
Ex-Dividend
Apr 24, 2024
Next Dividend
May 6, 2024

LKFN 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 mobile 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, 2021, the company operated 51 offices in fifteen counties, including 45 offices in northern Indiana and six offices in central Indiana. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana.

Zen Score

Industry Average (34)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how LKFN scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

LKFN ($59.28) is trading above its intrinsic value of $22.87, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
LKFN is good value based on its earnings relative to its share price (16.15x), compared to the US market average (41.94x)
P/E vs Market Valuation
LKFN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more LKFN due diligence checks available for Premium users.

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LKFN News

Valuation

LKFN fair value

Fair Value of LKFN stock based on Discounted Cash Flow (DCF)
Price
$59.28
Fair Value
$93.60
Undervalued by
36.67%
LKFN ($59.28) is trading above... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

LKFN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
16.15x
Industry
-12.31x
Market
41.94x
LKFN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
LKFN is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

LKFN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
2.33x
Industry
0.96x
LKFN is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

LKFN price to earnings growth (PEG)

For valuing profitable companies with growth potential
LKFN is poor value relative... subscribe to Premium to read more.
PEG Value Valuation

LKFN's financial health

Profit margin

Revenue
$65.5M
Net Income
$29.6M
Profit Margin
45.2%
LKFN's Earnings (EBIT) of $110.33M... subscribe to Premium to read more.
Interest Coverage Financials
LKFN's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$6.5B
Liabilities
$5.9B
Debt to equity
9.04
LKFN's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
LKFN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$26.5M
Investing
-$32.5M
Financing
$11.6M
LKFN's operating cash flow ($113.98M)... subscribe to Premium to read more.
Debt Coverage Financials

LKFN vs Bank Stocks

TickerMarket Cap1d %P/EP/B
LKFN$1.51B+1.37%16.15x2.33x
BANR$1.51B-0.20%8.19x0.91x
CHCO$1.47B+0.32%13.01x2.17x
CUBI$1.47B-4.90%6.22x0.90x
HTLF$1.46B+1.39%20.42x0.76x

Lakeland Financial Stock FAQ

What is Lakeland Financial's quote symbol?

(NASDAQ: LKFN) Lakeland Financial trades on the NASDAQ under the ticker symbol LKFN. Lakeland Financial stock quotes can also be displayed as NASDAQ: LKFN.

If you're new to stock investing, here's how to buy Lakeland Financial stock.

What is the 52 week high and low for Lakeland Financial (NASDAQ: LKFN)?

(NASDAQ: LKFN) Lakeland Financial's 52-week high was $73.22, and its 52-week low was $43.05. It is currently -19.04% from its 52-week high and 37.69% from its 52-week low.

How much is Lakeland Financial stock worth today?

(NASDAQ: LKFN) Lakeland Financial currently has 25,505,987 outstanding shares. With Lakeland Financial stock trading at $59.28 per share, the total value of Lakeland Financial stock (market capitalization) is $1.51B.

Lakeland Financial stock was originally listed at a price of $8.04 in Dec 31, 1997. If you had invested in Lakeland Financial stock at $8.04, your return over the last 26 years would have been 637.13%, for an annualized return of 7.99% (not including any dividends or dividend reinvestments).

How much is Lakeland Financial's stock price per share?

(NASDAQ: LKFN) Lakeland Financial stock price per share is $59.28 today (as of Apr 15, 2024).

What is Lakeland Financial's Market Cap?

(NASDAQ: LKFN) Lakeland Financial's market cap is $1.51B, as of Apr 16, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Lakeland Financial's market cap is calculated by multiplying LKFN's current stock price of $59.28 by LKFN's total outstanding shares of 25,505,987.
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