Lakeland Financial Stock Today
| LKFN Stock | USD 62.64 0.22 0.35% |
Performance0 of 100
| Odds Of DistressLess than 5
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Lakeland Financial is selling at 62.64 as of the 25th of April 2024; that is 0.35 percent up since the beginning of the trading day. The stock's open price was 62.42. Lakeland Financial has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Lakeland Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 15th of August 1997 | Category Financial Services | Classification Financials |
Lakeland Financial Corporation operates as the bank holding company for Lake City Bank that provides various banking products and services. Lakeland Financial Corporation was founded in 1872 and is headquartered in Warsaw, Indiana. Lakeland Finl operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 25.97 M outstanding shares of which 2.17 M shares are now shorted by private and institutional investors with about 13.19 trading days to cover. More on Lakeland Financial
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Moving against Lakeland Stock
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Lakeland Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lakeland Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lakeland Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | David Findlay | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, SP Small-Cap 600, NASDAQ Financial 100, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Lakeland Financial report their recommendations after researching Lakeland Financial's financial statements, talking to executives and customers, or listening in on Lakeland Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lakeland Financial. The Lakeland consensus assessment is calculated by taking the average forecast from all of the analysts covering Lakeland Financial. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Lakeland Financial's profitability, liquidity, and operating efficiency, Lakeland Financial may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Lakeland Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Lakeland Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lakeland Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lakeland Financial's financial leverage. It provides some insight into what part of Lakeland Financial's total assets is financed by creditors.
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Lakeland Financial (LKFN) is traded on NASDAQ Exchange in USA. It is located in 202 East Center Street, Warsaw, IN, United States, 46581-1387 and employs 608 people. Lakeland Financial is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lakeland Financial's market, we take the total number of its shares issued and multiply it by Lakeland Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lakeland Financial conducts business under Banks sector and is part of Financials industry. The entity has 25.97 M outstanding shares of which 2.17 M shares are now shorted by private and institutional investors with about 13.19 trading days to cover.
Lakeland Financial currently holds about 204.8 M in cash with 113.98 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.08.
Check Lakeland Financial Probability Of Bankruptcy
Ownership AllocationLakeland Financial holds a total of 25.97 Million outstanding shares. The majority of Lakeland Financial outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in Lakeland Financial to benefit from reduced commissions. Consequently, institutional holders are subject to a different set of regulations than regular investors in Lakeland Financial. Please pay attention to any change in the institutional holdings of Lakeland Financial as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Lakeland Ownership Details
Lakeland Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Lakeland Financial jumping above the current price in 90 days from now is about 66.22%. The Lakeland Financial probability density function shows the probability of Lakeland Financial stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.9772. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lakeland Financial will likely underperform. Additionally, lakeland Financial has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Lakeland Financial to move above the current price in 90 days from now is about 66.22 (This Lakeland Financial probability density function shows the probability of Lakeland Stock to fall within a particular range of prices over 90 days) .
Lakeland Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Lakeland Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lakeland Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lakeland Financial's value.| Instituion | Recorded On | Shares | |
| Neumeier Investment Counsel Llc | 2023-12-31 | 547.5 K | |
| Northern Trust Corp | 2023-12-31 | 502.4 K | |
| Ameriprise Financial Inc | 2023-12-31 | 369.3 K | |
| Fuller & Thaler Asset Management Inc | 2023-12-31 | 347.5 K | |
| Btim Corp | 2023-12-31 | 339.6 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 263.4 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 239.8 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 222.6 K | |
| Envestnet Asset Management Inc | 2023-12-31 | 221.2 K | |
| Blackrock Inc | 2023-12-31 | 3.7 M | |
| Vanguard Group Inc | 2023-12-31 | 1.8 M |
Lakeland Financial Historical Income Statement
Lakeland Financial Income Statement is one of the three primary financial statements used for reporting Lakeland's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lakeland Financial revenue and expense. Lakeland Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Lakeland Financial's Net Income is very stable compared to the past year. As of the 25th of April 2024, Net Income Applicable To Common Shares is likely to grow to about 125.4 M, while Depreciation And Amortization is likely to drop about 4.5 M. View More FundamentalsLakeland Stock Against Markets
Picking the right benchmark for Lakeland Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lakeland Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lakeland Financial is critical whether you are bullish or bearish towards Lakeland Financial at a given time. Please also check how Lakeland Financial's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lakeland Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Lakeland Financial Corporate Directors
Lakeland Financial corporate directors refer to members of a Lakeland Financial board of directors. The board of directors generally takes responsibility for the Lakeland Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lakeland Financial's board members must vote for the resolution. The Lakeland Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Charles Niemier | Independent Director | Profile | |
| Thomas Hiatt | Independent Director | Profile | |
| Steven Ross | Independent Director | Profile | |
| Ronald Truex | Independent Director | Profile |
How to buy Lakeland Stock?
Before investing in Lakeland Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lakeland Financial. To buy Lakeland Financial stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lakeland Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lakeland Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lakeland Financial stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lakeland Financial stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lakeland Financial, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lakeland Stock please use our How to Invest in Lakeland Financial guide.
Already Invested in Lakeland Financial?
The danger of trading Lakeland Financial is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lakeland Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lakeland Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lakeland Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lakeland Financial offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lakeland Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lakeland Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lakeland Financial Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeland Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. To learn how to invest in Lakeland Stock, please use our How to Invest in Lakeland Financial guide.Note that the Lakeland Financial information on this page should be used as a complementary analysis to other Lakeland Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Lakeland Stock analysis
When running Lakeland Financial's price analysis, check to measure Lakeland Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lakeland Financial is operating at the current time. Most of Lakeland Financial's value examination focuses on studying past and present price action to predict the probability of Lakeland Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lakeland Financial's price. Additionally, you may evaluate how the addition of Lakeland Financial to your portfolios can decrease your overall portfolio volatility.
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Is Lakeland Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lakeland Financial. If investors know Lakeland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lakeland Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.147 | Dividend Share 1.86 | Earnings Share 3.65 | Revenue Per Share 9.414 | Quarterly Revenue Growth 0.122 |
The market value of Lakeland Financial is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Financial's value that differs from its market value or its book value, called intrinsic value, which is Lakeland Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lakeland Financial's market value can be influenced by many factors that don't directly affect Lakeland Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lakeland Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.