Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · Real-Time Price · USD
72.11
-0.56 (-0.77%)
Nov 20, 2024, 4:00 PM EST - Market closed

Lakeland Financial Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for Lakeland Financial stock have an average target of 71, with a low estimate of 65 and a high estimate of 78. The average target predicts a decrease of -1.54% from the current stock price of 72.11.

Analyst Consensus: Hold
Target Low Average Median High
Price $65 $71 $70 $78
Change -9.86% -1.54% -2.93% +8.17%
* Price targets were last updated on Jul 29, 2024.

Analyst Ratings

The average analyst rating for LKFN stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 000000
Buy 111111
Hold 122222
Sell 000000
Strong Sell 000000
Total 233333

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Keefe, Bruyette & Woods
Keefe, Bruyette & Woods
Hold
Maintains
$64$65
Hold Maintains $64$65 -9.86% Jul 29, 2024
Stephens & Co.
Stephens & Co.
Hold
Maintains
$67$70
Hold Maintains $67$70 -2.93% Jan 26, 2024
Raymond James
Raymond James
Buy
Maintains
$60$78
Buy Maintains $60$78 +8.17% Jan 26, 2024
Raymond James
Raymond James
Buy
Maintains
$64$60
Buy Maintains $64$60 -16.79% Oct 26, 2023
Raymond James
Raymond James
Buy
Maintains
$66$64
Buy Maintains $66$64 -11.25% Jul 24, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
254.40M
Revenue Next Year
257.84M
from 254.40M
Increased by 1.35%
EPS This Year
3.65
from 3.65
Increased by 0.04%
EPS Next Year
3.58
from 3.65
Decreased by -1.93%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
-----254.40M257.84M268.86M
Revenue Growth
6.28%-0.88%13.66%6.15%2.41%-1.35%4.27%
EPS
3.383.303.744.043.653.653.583.78
EPS Growth
7.99%-2.37%13.33%8.02%-9.65%0.04%-1.93%5.62%
Forward PE
-----19.7520.1419.07
No. Analysts -----665
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 267.7M 272.0M 286.7M
Avg 254.4M 257.8M 268.9M
Low 241.4M 241.9M 253.2M

Revenue Growth

Revenue Growth 202420252026
High -
6.9%
11.2%
Avg -
1.4%
4.3%
Low -
-4.9%
-1.8%

EPS Forecast

EPS 202420252026
High 3.77 3.80 4.12
Avg 3.65 3.58 3.78
Low 3.50 3.38 3.48

EPS Growth

EPS Growth 202420252026
High
3.3%
4.1%
14.9%
Avg
0.0%
-1.9%
5.6%
Low
-4.1%
-7.4%
-2.7%
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.