Lakeland Financial Corporation (LKFN)
NASDAQ: LKFN · IEX Real-Time Price · USD
62.54
+0.25 (0.40%)
May 21, 2024, 4:00 PM EDT - Market closed

Lakeland Financial Statistics

Total Valuation

LKFN has a market cap or net worth of $1.59 billion. The enterprise value is $1.65 billion.

Market Cap 1.59B
Enterprise Value 1.65B

Important Dates

The last earnings date was Thursday, April 25, 2024, before market open.

Earnings Date Apr 25, 2024
Ex-Dividend Date Apr 24, 2024

Share Statistics

LKFN has 25.50 million shares outstanding. The number of shares has increased by 0.02% in one year.

Shares Outstanding 25.50M
Shares Change (YoY) +0.02%
Shares Change (QoQ) -0.06%
Owned by Insiders (%) 3.35%
Owned by Institutions (%) 85.21%
Float 24.74M

Valuation Ratios

The trailing PE ratio is 17.28 and the forward PE ratio is 17.73. LKFN's PEG ratio is 2.04.

PE Ratio 17.28
Forward PE 17.73
PS Ratio 6.59
Forward PS 6.38
PB Ratio 2.47
P/FCF Ratio 15.05
PEG Ratio 2.04
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 14.17, with an EV/FCF ratio of 15.55.

EV / Earnings 17.73
EV / Sales 6.81
EV / EBITDA 14.17
EV / EBIT 14.96
EV / FCF 15.55

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.31
Debt / EBITDA 1.72
Debt / FCF 1.89
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 15.20% and return on invested capital (ROIC) is 10.97%.

Return on Equity (ROE) 15.20%
Return on Assets (ROA) 1.40%
Return on Capital (ROIC) 10.97%
Revenue Per Employee $369,569
Profits Per Employee $141,817
Employee Count 655
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, LKFN has paid $17.20 million in taxes.

Income Tax 17.20M
Effective Tax Rate 15.62%

Stock Price Statistics

The stock price has increased by +24.24% in the last 52 weeks. The beta is 0.69, so LKFN's price volatility has been lower than the market average.

Beta (1Y) 0.69
52-Week Price Change +24.24%
50-Day Moving Average 61.84
200-Day Moving Average 58.35
Relative Strength Index (RSI) 53.77
Average Volume (30 Days) 116,854

Short Selling Information

The latest short interest is 2.15 million, so 8.45% of the outstanding shares have been sold short.

Short Interest 2.15M
Short Previous Month 2.17M
Short % of Shares Out 8.45%
Short % of Float 8.71%
Short Ratio (days to cover) 21.11

Income Statement

In the last 12 months, LKFN had revenue of $242.07 million and earned $92.89 million in profits. Earnings per share was $3.62.

Revenue 242.07M
Gross Profit 242.07M
Operating Income 110.09M
Pretax Income 110.09M
Net Income 92.89M
EBITDA 116.26M
EBIT 110.09M
Earnings Per Share (EPS) $3.62
Full Income Statement

Balance Sheet

The company has $147.69 million in cash and $200.00 million in debt, giving a net cash position of -$52.31 million or -$2.05 per share.

Cash & Cash Equivalents 147.69M
Total Debt 200.00M
Net Cash -52.31M
Net Cash Per Share -$2.05
Equity / Book Value 646.92M
Book Value Per Share 25.37
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $111.33 million and capital expenditures -$5.37 million, giving a free cash flow of $105.96 million.

Operating Cash Flow 111.33M
Capital Expenditures -5.37M
Free Cash Flow 105.96M
FCF Per Share $4.13
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 45.48% and 38.37%.

Gross Margin 100.00%
Operating Margin 45.48%
Pretax Margin 45.48%
Profit Margin 38.37%
EBITDA Margin 48.03%
EBIT Margin 45.48%
FCF Margin 43.77%

Dividends & Yields

This stock pays an annual dividend of $1.92, which amounts to a dividend yield of 3.07%.

Dividend Per Share $1.92
Dividend Yield 3.07%
Dividend Growth (YoY) 9.30%
Years of Dividend Growth 10
Payout Ratio 53.04%
Buyback Yield -0.02%
Shareholder Yield 3.05%
Earnings Yield 5.82%
FCF Yield 6.64%
Dividend Details

Analyst Forecast

The average price target for LKFN is $74.00, which is 18.32% higher than the current price. The consensus rating is "Buy".

Price Target $74.00
Price Target Difference 18.32%
Analyst Consensus Buy
Analyst Count 2
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 8, 2016. It was a forward split with a ratio of 3:2.

Last Split Date Aug 8, 2016
Split Type Forward
Split Ratio 3:2

Scores

Altman Z-Score n/a
Piotroski F-Score 4