$68.79
2.24% yesterday
Nasdaq, Oct 17, 10:00 pm CET
ISIN
US5116561003
Symbol
LKFN

Lakeland Financial Corporation Target price 2024 - Analyst rating & recommendation

Lakeland Financial Corporation Classifications & Recommendation:

Buy
25%
Hold
75%

Lakeland Financial Corporation Price Target

Target Price $68.25
Price $68.79
Deviation
Number of Estimates 4
4 Analysts have issued a price target Lakeland Financial Corporation 2025 . The average Lakeland Financial Corporation target price is $68.25. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 4 analysts: 1 Analysts recommend Lakeland Financial Corporation to buy, 3 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Lakeland Financial Corporation stock has an average upside potential 2025 of . Most analysts recommend the Lakeland Financial Corporation stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 394.58 243.76
40.30% 38.22%
Net Margin 23.59% 36.98%
35.60% 56.77%

2 Analysts have issued a sales forecast Lakeland Financial Corporation 2024 . The average Lakeland Financial Corporation sales estimate is

$244m
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. This is
42.70% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$245m 42.52%
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, the lowest is
$243m 42.88%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $395m 40.30%
2024
$244m 38.22%
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2025
$249m 2.09%
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2026
$258m 3.84%
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4 Lakeland Financial Corporation Analysts have issued a net profit forecast 2024. The average Lakeland Financial Corporation net profit estimate is

$90.1m
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. This is
9.82% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$91.0m 8.92%
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, the lowest is
$89.5m 10.45%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $93.1m 9.65%
2024
$90.1m 3.15%
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2025
$89.1m 1.13%
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2026
$92.4m 3.73%
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Net Margin

2023 23.59% 35.60%
2024
36.98% 56.77%
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2025
35.81% 3.16%
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2026
35.77% 0.11%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 3.65 3.54
9.65% 3.01%
P/E 19.46
EV/Sales 7.19

4 Analysts have issued a Lakeland Financial Corporation forecast for earnings per share. The average Lakeland Financial Corporation <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$3.54
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. This is
9.69% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$3.57 8.93%
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, the lowest is
$3.51 10.46%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $3.65 9.65%
2024
$3.54 3.01%
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2025
$3.50 1.13%
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2026
$3.63 3.71%
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P/E ratio

Current 17.55 30.77%
2024
19.46 10.88%
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2025
19.68 1.13%
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2026
18.98 3.56%
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Based on analysts' sales estimates for 2024, the Lakeland Financial Corporation stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.12 9.65%
2024
7.19 74.58%
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2025
7.05 2.05%
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2026
6.78 3.69%
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P/S ratio

Current 4.12 14.61%
2024
7.20 74.53%
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2025
7.05 2.05%
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2026
6.79 3.69%
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