Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Lakeland Financial Corporation stock (LKFN)

Buy Lakeland Financial Corporation stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

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. Its last market close was $64.37 – an increase of 3.12% over the previous week. Lakeland Financial Corporation employs 653 staff and has a trailing 12-month revenue of around $243.1 million.

Our top picks for where to buy Lakeland Financial Corporation stock

Best for mobile experience

Go to site
  • Earn 4.5% interest on uninvested cash with Gold
  • Get up to $50,000 in instant deposits with Gold
  • Easy, user-friendly trading
  • Unlimited bonus amounts Oct 16-27

Top pick for advanced traders

Go to site
  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Pro-grade platform and risk analysis tools

Our pick for transfer bonus

Go to site
  • Trade stocks, options, ETFs, mutual funds, alternative asset funds
  • $0 commission on stocks, ETFs and options, with no options contract fees
  • Complimentary access to a financial planner and automated investing

How to buy Lakeland Financial Corporation stock

  1. Choose a stock trading platform. Use our comparison table
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – LKFN. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Buy Lakeland Financial Corporation stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 5 of 5
Name Product USFST Ratings Available asset types Stock trade fee Minimum deposit Cash sweep APY Signup bonus
Robinhood
Finder Score: 4.4 / 5: ★★★★★
Bonus
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.5%
HOOD Week October 16-27: 1% on brokerage transfers, 2% on transfers with margin balances (minimum $10K), 3% on IRA transfers
Trade stocks, options, ETFs and crypto without commissions and on a user-friendly platform. Plus, a 1% IRA match and no options contract fees.
Tastytrade
Finder Score: 4.4 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $50-$5,000
Competitive, capped options commissions, with a reliable trading platform designed for serious traders.
SoFi Invest®
Finder Score: 4.2 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Options, Mutual funds, ETFs, Alternatives
$0
$0
0.02%
Get up to $1,000 in stock
Zero-commission stocks, ETFs and options, with no options per-contract fees. Plus, a no-advisory-fee robo-advisor and complimentary access to financial planners.
OPTO
Finder Score: 3.1 / 5: ★★★★★
OPTO
★★★★★
Stocks, ETFs
$0
$0
N/A
Earn up to $300
AI-driven thematic investing, with proprietary research, fractional shares and commission-free stocks and ETFs.
eToro
Finder Score: 4 / 5: ★★★★★
EXCLUSIVE
eToro
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
4.9%
FINDER EXCLUSIVE: Get a guaranteed $15 bonus
No commission stock, ETF and options trades, with 4.9% interest on your options account balance and no options contract fees.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an advisor or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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 2024-10-15.
Latest market close$64.37
52-week range$45.25 - $72.16
50-day moving average $64.48
200-day moving average $63.53
Wall St. target price$69.50
PE ratio 16.574
Dividend yield $1.9 (2.99%)
Earnings per share (TTM) $3.92

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.

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.

Lakeland Financial Corporation price performance over time

Historical closes compared with the close of $64.37 from 2024-10-14

1 week (2024-10-09) 3.02%
1 month (2024-09-16) -3.13%
3 months (2024-07-16) -6.47%
6 months (2024-04-16) 8.48%
1 year (2023-10-16) 27.34%
2 years (2022-10-14) -16.78%
3 years (2021-10-15) 75.29
5 years (2019-10-16) 55.12%

Is Lakeland Financial Corporation stock undervalued or overvalued?

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 17x. In other words, Lakeland Financial Corporation shares trade at around 17x 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 $243.1 million
Operating margin TTM 53.5%
Gross profit TTM $235.4 million
Return on assets TTM 1.54%
Return on equity TTM 16.18%
Profit margin 41.48%
Book value $25.66
Market Capitalization $1.7 billion

TTM: trailing 12 months

Lakeland Financial Corporation share dividends

49%

Dividend payout ratio: 48.98% of net profits

Recently Lakeland Financial Corporation has paid out, on average, around 48.98% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.99% 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 2.99% return on their shares, in the form of dividend payments. In Lakeland Financial Corporation's case, that would currently equate to about $1.9 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 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 24 October 2024 (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 $45.25 up to $72.161. A popular way to gauge a stock's volatility is its "beta".

LKFN.US volatility(beta: 0.65)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 0.649. 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 in the United States. 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, construction, agri-business and agricultural, consumer 1-4 family mortgage, and other commercial and consumer loans. The company also provides 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. The company 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 3.335% of Lakeland Financial Corporation shares are held by insiders and 85.147% by institutions.
How many people work for Lakeland Financial Corporation?
Latest data suggests 653 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

More guides on Finder

Ask a question

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site