Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · IEX Real-Time Price · USD
63.16
+1.79 (2.92%)
Apr 23, 2024, 1:55 PM EDT - Market open
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 17.16% from the current stock price of 63.16.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 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 | +10.83% | Jan 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $60 → $78 | Buy | Maintains | $60 → $78 | +23.50% | Jan 26, 2024 |
| Raymond James | Raymond James | Buy Maintains $64 → $60 | Buy | Maintains | $64 → $60 | -5.00% | Oct 26, 2023 |
| Raymond James | Raymond James | Buy Maintains $66 → $64 | Buy | Maintains | $66 → $64 | +1.33% | Jul 24, 2023 |
| Raymond James | Raymond James | Buy Maintains $74 → $66 | Buy | Maintains | $74 → $66 | +4.50% | Apr 26, 2023 |
Financial Forecast
Revenue This Year
248.04M
from 241.04M
Increased by 2.90%
Revenue Next Year
255.61M
from 248.04M
Increased by 3.05%
EPS This Year
3.56
from 3.65
Decreased by -2.59%
EPS Next Year
3.62
from 3.56
Increased by 1.91%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 258.1M | 263.9M |
| Avg | 248.0M | 255.6M |
| Low | 235.2M | 244.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 7.1% | 6.4% |
| Avg | 2.9% | 3.1% |
| Low | -2.4% | -1.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.70 | 3.85 |
| Avg | 3.56 | 3.62 |
| Low | 3.36 | 3.38 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 1.3% | 8.4% |
| Avg | -2.6% | 1.9% |
| Low | -7.9% | -4.9% |
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.