Lakeland Financial Corporation (LKFN)

NASDAQ: LKFN · IEX Real-Time Price · USD
66.23
-0.19 (-0.29%)
Jul 1, 2022 12:40 PM EDT - Market open

Total Valuation

LKFN has a market cap or net worth of $1.68 billion. The enterprise value is $1.28 billion.

Market Cap 1.68B
Enterprise Value 1.28B

Important Dates

The next earnings date is Monday, July 25, 2022, before market open.

Estimated Earnings Date Jul 25, 2022
Ex-Dividend Date Apr 22, 2022

Share Statistics

LKFN has 25.35 million shares outstanding. The number of shares has increased by 0.23% in one year.

Shares Outstanding 25.35M
Shares Change (YoY) +0.23%
Shares Change (QoQ) +0.11%
Owned by Insiders (%) 3.51%
Owned by Institutions (%) 83.72%
Float 24.47M

Valuation Ratios

The trailing PE ratio is 17.61 and the forward PE ratio is 16.69. LKFN's PEG ratio is 2.04.

PE Ratio 17.61
Forward PE 16.69
PS Ratio 7.56
PB Ratio 2.76
P/FCF Ratio 12.67
PEG Ratio 2.04
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.34, with a EV/FCF ratio of 9.65.

EV / Earnings 13.27
EV / Sales 5.76
EV / EBITDA 10.34
EV / EBIT 10.87
EV / FCF 9.65

Financial Position

The company has a current ratio of n/a, with a Debt / Equity ratio of 0.12.

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.12
Debt / EBITDA 0.61
Debt / FCF 0.57

Financial Efficiency

Return on equity (ROE) is 14.40%, which is not very high. The company has a high ROIC of 2.00%.

Return on Equity (ROE) 14.40%
Return on Assets (ROA) 1.50%
Return on Capital (ROIC) 2.00%
Revenue Per Employee $379,696
Profits Per Employee $164,773
Employee Count 585
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, LKFN has paid $21.22 million in taxes.

Income Tax 21.22M
Effective Tax Rate 18.04%

Stock Price Statistics

The stock price has increased by +7.05% in the last 52 weeks. The beta is 0.68, so LKFN's price volatility has been lower than the market average.

Beta (1Y) 0.68
52-Week Price Change +7.05%
50-Day Moving Average 69.24
200-Day Moving Average 75.43
Average Volume (30 Days) 140,545

Short Selling Information

The latest short interest is 1.98 million, so 7.81% of the outstanding shares have been sold short.

Short Interest 1.98M
Short % of Shares Out 7.81%
Short % of Float 8.09%
Short Ratio (days to cover) 17.86

Income Statement

In the last 12 months, LKFN had revenue of $222.12 million and earned 96.39 million in profits. Earnings per share was $3.76.

Revenue 222.12M
Gross Profit 222.12M
Operating Income 117.61M
Pretax Income 117.61M
Net Income 96.39M
EBITDA 123.66M
EBIT 117.61M
Earnings Per Share (EPS) $3.76
Full Income Statement

Balance Sheet

The company has $475.02 million in cash and $75.00 million in debt, giving a net cash position of $400.02 million or $15.78 per share.

Cash & Cash Equivalents 475.02M
Total Debt 75.00M
Net Cash 400.02M
Net Cash Per Share $15.78
Book Value 609.01M
Book Value Per Share 24.03
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $137.57 million and capital expenditures -$5.09 million, giving a free cash flow of $132.48 million.

Operating Cash Flow 137.57M
Capital Expenditures -5.09M
Free Cash Flow 132.48M
FCF Per Share $5.23
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 52.95% and 43.40%.

Gross Margin 100.00%
Operating Margin 52.95%
Pretax Margin 52.95%
Profit Margin 43.40%
EBITDA Margin 55.67%
EBIT Margin 52.95%
FCF Margin 59.64%

Dividends & Yields

This stock pays an annual dividend of $1.48, which amounts to a dividend yield of 2.23%.

Dividend Per Share $1.48
Dividend Yield 2.23%
Earnings Yield 5.74%
FCF Yield 7.89%
Dividend Growth (YoY) 17.65%
Payout Ratio 37.50%
Buyback Yield -0.55%
Shareholder Yield 1.69%
Dividend Details

Analyst Forecast

The average price target for LKFN is $76.50, which is 15.51% higher than the current price. The consensus rating is "Sell".

Price Target $76.50
Price Target Difference 15.51%
Analyst Consensus Sell
Analyst Count 9
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