Stock Price & Analysis

Analysis and Insights

Technical Analysis:

Lakeland Financial Corp (LKFN) has entered oversold territory with an RSI of 29.8, indicating potential buying opportunities after recent heavy selling. The stock is currently trading at $60.19, near the lower end of its 52-week range ($57.45 to $78.61). Recent insider buying by Director M. Scott Welch, totaling $307,000, suggests confidence in the stock's potential rebound.

Fundamental Analysis:

Analysts expect LKFN to reach a target price of $71.25, representing a 17.19% upside from its current price. This aligns with the broader positive sentiment for dividend-paying stocks in the financial sector.

Insider Activity and Sentiment:

The recent insider purchase by M. Scott Welch, the first in the past year, indicates management's confidence in the company's prospects. Additionally, LKFN's inclusion in the Vanguard Dividend Appreciation ETF (VIG) highlights its potential for long-term growth.

Conclusion:

Buy LKFN stock as it offers upside potential with strong analyst support and insider confidence.

The price prediction for LKFN stock in 2025 is $71.25. This target is supported by the stock entering oversold territory with an RSI of 29.8, indicating potential buying opportunities. Additionally, insider buying activity and an average analyst target price of $71.25 further reinforce this prediction.

The S1 support level for LKFN Stock is $60.2 ,The R1 resistant level for LKFN Stock is $62.53.

As of the end of day on 2025-03-21, the price of LKFN Stock was $60.19.

The target price for LKFN Stock according to analyst rating is 74.00, with the highest price target at 74.00 and the lowest at 74.00. Analysts have a Hold rating on LKFN Stock overall.

The market cap of LKFN is $1.6B.

Analysis and Insights

LKFN may be undervalued based on current metrics and market sentiment. Here's the analysis:

1. Valuation Metrics: LKFN's current P/E ratio of 16.95 and EV/EBITDA of 12.88 suggest reasonable valuation compared to industry peers. The stock trades at a P/S ratio of 7.31 and P/B of 2.38, indicating moderate pricing relative to its financials.

2. Technical Indicators: LKFN's RSI of 29.8 indicates oversold conditions, suggesting potential near-term upside. The stock is trading near the lower end of its 52-week range ($57.45-$78.61), with current price at $60.19.

3. Insider Activity: Recent insider buying by Director M. Scott Welch, purchasing 5,000 shares at $61.40, signals confidence in the stock's potential.

4. Analyst Sentiment: Analysts expect LKFN to reach a target price of $71.25, representing 17.19% upside from current levels.

5. Dividend Yield: The stock offers a 3.09% dividend yield, attractive for income-focused investors.

Conclusion

LKFN appears undervalued with strong fundamentals and positive sentiment. The stock offers a compelling entry point for investors seeking both capital appreciation and dividend income.

Lakeland Financial Corporation is a bank holding company, which provides, through its subsidiary Lake City Bank (the Bank), a range of financial products and services throughout its Northern and Central Indiana markets. The Company offers commercial and consumer banking services, as well as trust and wealth management, brokerage, and treasury management commercial services. The Company serves a diverse customer base, including commercial customers across a variety of industries including, among others, commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services and healthcare. The Bank has approximately 53 offices in 15 counties, including 46 offices in northern Indiana and seven offices in central Indiana, in the Indianapolis market. The Bank’s deposits are insured by the Federal Deposit Insurance Corporation (the FDIC) to the maximum extent provided under federal law and FDIC regulations.

Lakeland Financial Corp (LKFN) is expected to reach a stock price of $90 by 2030, driven by steady growth in the banking sector and strong financial fundamentals. The company's current price of $60.19, combined with a P/E ratio of 18.96 and a dividend yield of 2.82%, supports this projection.

LKFN has a total of 608 employees.