Hovde Group reiterated coverage on Lakeland Financial with a new price target
$LKFN
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Hovde Group reiterated coverage of Lakeland Financial with a rating of Market Perform and set a new price target of $66.00 from $63.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/28/2026 | $63.00 → $66.00 | Market Perform | Hovde Group |
| 1/7/2026 | Outperform → Market Perform | Hovde Group | |
| 5/6/2025 | $72.00 | Market Perform → Outperform | Hovde Group |
| 3/21/2025 | $66.00 | Market Perform | Hovde Group |
| 2/21/2023 | $78.00 | Mkt Perform → Outperform | Raymond James |
| 7/27/2021 | $70.00 → $66.00 | Equal-Weight | Stephens & Co. |
WARSAW, Ind., July 21, 2026 (GLOBE NEWSWIRE) -- Lake City Bank is proud to announce that David M. Findlay, Chairman and Chief Executive Officer, and Kristin L. Pruitt, President, have been named to the Indianapolis Business Journal’s Indiana 250 list for 2026. Findlay is recognized for the fifth consecutive year while Pruitt joins the list for the first time. The annual list recognizes the state’s most influential and impactful leaders across business, philanthropy, the arts, government and not-for-profits. "Lake City Bank’s 154 year history is full of evidence of our active and engaged commitment to our Indiana communities. Kristin and I are simply a reflection of that history and we are
WARSAW, Ind., April 27, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record first quarter net income of $26.5 million for the three months ended March 31, 2026, which represents an increase of $6.4 million, or 32%, compared to net income of $20.1 million for the three months ended March 31, 2025. Diluted earnings per share of $1.04 for the first quarter of 2026 also represents a record first quarter performance and increased $0.26, or 33%, compared to $0.78 for the first quarter of 2025. On a linked quarter basis, net income decreased $3.4 million, or 11%, from $29.9 million. Diluted earnings per share
WARSAW, Ind., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record quarterly net income of $29.9 million for the three months ended December 31, 2025, which represents an increase of $5.7 million, or 24%, compared to net income of $24.2 million for the three months ended December 31, 2024. Diluted earnings per share were $1.16 for the fourth quarter of 2025 and increased $0.22, or 23%, compared to $0.94 for the fourth quarter of 2024. On a linked quarter basis, net income increased $3.5 million, or 13%, from $26.4 million. Diluted earnings per share increased $0.13, or 13%, from $1.03 on a link
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
4 - LAKELAND FINANCIAL CORP (0000721994) (Issuer)
8-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
11-K - LAKELAND FINANCIAL CORP (0000721994) (Filer)
SCHEDULE 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
Hovde Group reiterated coverage of Lakeland Financial with a rating of Market Perform and set a new price target of $66.00 from $63.00 previously
Hovde Group downgraded Lakeland Financial from Outperform to Market Perform
Hovde Group upgraded Lakeland Financial from Market Perform to Outperform and set a new price target of $72.00
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G/A - LAKELAND FINANCIAL CORP (0000721994) (Subject)
SC 13G - LAKELAND FINANCIAL CORP (0000721994) (Subject)
WARSAW, Ind., May 14, 2025 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN) and Lake City Bank announced today that Dan Starr and Mindy Creighton Truex have been appointed to their respective Boards of Directors. "Our boards represent the foundational building blocks of stable corporate governance, leadership and engagement in our Indiana communities and provide balanced and thoughtful feedback to our leadership team. The addition of Dan and Mindy brings two proven business and community leaders to the table," said David M. Findlay, Chairman and CEO. "Our boards are an extension of the bank in our Indiana markets and are active partners in the focus to drive
WARSAW, Ind., April 27, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record first quarter net income of $26.5 million for the three months ended March 31, 2026, which represents an increase of $6.4 million, or 32%, compared to net income of $20.1 million for the three months ended March 31, 2025. Diluted earnings per share of $1.04 for the first quarter of 2026 also represents a record first quarter performance and increased $0.26, or 33%, compared to $0.78 for the first quarter of 2025. On a linked quarter basis, net income decreased $3.4 million, or 11%, from $29.9 million. Diluted earnings per share
WARSAW, Ind., Jan. 26, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, today reported record quarterly net income of $29.9 million for the three months ended December 31, 2025, which represents an increase of $5.7 million, or 24%, compared to net income of $24.2 million for the three months ended December 31, 2024. Diluted earnings per share were $1.16 for the fourth quarter of 2025 and increased $0.22, or 23%, compared to $0.94 for the fourth quarter of 2024. On a linked quarter basis, net income increased $3.5 million, or 13%, from $26.4 million. Diluted earnings per share increased $0.13, or 13%, from $1.03 on a link
WARSAW, Ind., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Lakeland Financial Corporation (Nasdaq Global Select/LKFN), parent company of Lake City Bank, announced that the Board of Directors approved a quarterly cash dividend for the first quarter of 2026 of $0.52 per share, payable February 5, 2026, to shareholders of record as of January 25, 2026. The quarterly dividend represents a 4% increase over the quarterly dividend rate of $0.50 per share paid in 2025. "Our ability to deliver another healthy increase in the common stock dividend reflects the strength of our capital foundation and our disciplined balance sheet management strategy over a very long period of time," said David M. Findlay, Chair