Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · IEX Real-Time Price · USD
61.93
+1.39 (2.30%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Lakeland Financial Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Lakeland Financial stock have an average target of 74, with a low estimate of 70 and a high estimate of 78. The average target predicts an increase of 19.49% from the current stock price of 61.93.
Analyst Consensus: Buy
* Price targets were last updated on Jan 26, 2024.
Analyst Ratings
The average analyst rating for LKFN stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Hold Maintains $67 → $70 | Hold | Maintains | $67 → $70 | +13.03% | Jan 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $60 → $78 | Buy | Maintains | $60 → $78 | +25.95% | Jan 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $64 → $60 | Buy | Maintains | $64 → $60 | -3.12% | Oct 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $66 → $64 | Buy | Maintains | $66 → $64 | +3.34% | Jul 24, 2023 |
| Raymond James | Raymond James | Buy Maintains $74 → $66 | Buy | Maintains | $74 → $66 | +6.57% | Apr 26, 2023 |
Financial Forecast
Revenue This Year
250.15M
from 241.04M
Increased by 3.78%
Revenue Next Year
257.99M
from 250.15M
Increased by 3.13%
EPS This Year
3.59
from 3.65
Decreased by -1.77%
EPS Next Year
3.61
from 3.59
Increased by 0.75%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 260.3M | 269.2M |
| Avg | 250.2M | 258.0M |
| Low | 238.1M | 243.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 8.0% | 7.6% |
| Avg | 3.8% | 3.1% |
| Low | -1.2% | -2.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.80 | 3.88 |
| Avg | 3.59 | 3.61 |
| Low | 3.31 | 3.23 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 4.1% | 8.2% |
| Avg | -1.8% | 0.8% |
| Low | -9.2% | -9.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.