Lakeland Financial Stock Intrinsic Value – Lakeland Financial Shares Surge 7.7%, Raising Hopes for a Positive 2023 Earnings Outlook.
March 18, 2023
Trending News ☀️
Analysts are optimistic that Lakeland Financial ($NASDAQ:LKFN)’s stock could be headed even higher with the recent revisions to the company’s expected earnings outlook. The surge in the share price of 7.7% in the last trading session, coupled with higher than average trading volume, indicates that investors are expecting a stronger performance in 2023. The revisions to the company’s estimates suggest that the stock could be expected to rise further. This could be attributed to the positive outlook for the banking industry and Lakeland Financial’s strong fundamentals. This could be further fueled by the announcement of new products and services, which have the potential to boost profits.
Going forward, it is expected that Lakeland Financial will continue to benefit from its sound financial position and good management team. As such, investors are optimistic that the company will be able to further capitalize on its strengths and capitalize on the opportunities that lie ahead. There is hope that the stock will continue to rise in the coming years and provide strong returns for its shareholders.
Market Price
The impressive move follows several weeks of mostly positive media coverage. LAKELAND FINANCIAL opened trading on Thursday at $66.0 and closed at $70.2, representing a 4.7% increase from its previous closing price of $67.1. Investors are clearly optimistic about the company’s future prospects, as the share price continues to climb. The positive sentiment is based on expectations that LAKELAND FINANCIAL will report solid earnings results in the coming months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Lakeland Financial. More…
| Total Revenues | Net Income | Net Margin |
| – | 103.82 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Lakeland Financial. More…
| Operations | Investing | Financing |
| 169.34 | -626.52 | -95.78 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Lakeland Financial. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 6.43k | 5.86k | – |
Key Ratios Snapshot
Some of the financial key ratios for Lakeland Financial are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.9% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Lakeland Financial Stock Intrinsic Value
At GoodWhale, we have completed our analysis of LAKELAND FINANCIAL‘s fundamentals. Through our proprietary Valuation Line tool, we have determined the intrinsic value of a share of the stock to be around $73.0. Currently, LAKELAND FINANCIAL stock is trading at $70.2, making it a fair price that is undervalued by 3.8%. In other words, now is an attractive time to invest in LAKELAND FINANCIAL. More…
Peers
The bank operates over 60 branches in northern and central Indiana. Lakeland Financial Corp is the fourth largest bank in Indiana, with assets of $4.6 billion. The bank’s primary competitors are Amalgamated Financial Corp, Regions Financial Corp, and Banca Transilvania SA.
– Amalgamated Financial Corp ($NASDAQ:AMAL)
Amalgamated Financial Corporation is a holding company that operates through its subsidiaries in the life insurance, annuity, and asset management businesses in the United States. The company was founded in 1905 and is headquartered in New York, New York.
– Regions Financial Corp ($NYSE:RF)
Regions Financial Corporation is a bank holding company headquartered in Birmingham, Alabama. The company provides retail and commercial banking, trust, securities brokerage, mortgage and insurance products and services. As of December 31, 2016, Regions Financial Corporation had $125 billion in assets and operated 1,630 banking offices in 16 states.
– Banca Transilvania SA ($LTS:0DP9)
Banca Transilvania SA is a Romanian banking company with a market cap of 15.23B as of 2022. The company has a long history dating back to 1864, when it was founded as a regional bank in the city of Transylvania. Today, the bank is one of the leading financial institutions in Romania with a strong presence in both the retail and corporate banking sectors. The bank offers a wide range of products and services including savings and checking accounts, loans, credit cards, and investment services.
Summary
Lakeland Financial has seen a surge in its stock price of 7.7% recently, raising expectations for a positive earnings outlook for 2023. This rise has been met with mostly positive media coverage, suggesting that investors are encouraged by the potential growth. Analysts are closely watching Lakeland Financial’s performance, as it is seen as an indicator of broader market trends.
With the technology sector experiencing strong growth and the banking industry recovering, Lakeland Financial could stand to benefit from both areas. Investors are advised to keep an eye on the company’s performance and consider its potential in their portfolios.
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