LAKELAND FINANCIAL CORP (LKFN)
US5116561003 - Common Stock
Taking everything into account, LKFN scores 3 out of 10 in our fundamental rating. LKFN was compared to 411 industry peers in the Banks industry. LKFN has only an average score on both its financial health and profitability. LKFN is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year LKFN was profitable.
LKFN had a positive operating cash flow in the past year.
In the past 5 years LKFN has always been profitable.
In the past 5 years LKFN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.44%, LKFN belongs to the top of the industry, outperforming 87.35% of the companies in the same industry.
LKFN's Return On Equity of 14.43% is amongst the best of the industry. LKFN outperforms 87.83% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 14.43% | ||
| ROIC | N/A |
ROA(3y)1.5%
ROA(5y)1.54%
ROE(3y)15.42%
ROE(5y)14.73%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 37.98%, LKFN belongs to the top of the industry, outperforming 92.70% of the companies in the same industry.
In the last couple of years the Profit Margin of LKFN has declined.
LKFN does not have Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | 37.98% | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-1.86%
PM growth 5Y-2%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
LKFN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, LKFN has more shares outstanding
The number of shares outstanding for LKFN has been increased compared to 5 years ago.
LKFN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
LKFN has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC14.81%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
The earnings per share for LKFN have decreased by -9.65% in the last year.
Measured over the past 5 years, LKFN shows a small growth in Earnings Per Share. The EPS has been growing by 3.19% on average per year.
LKFN shows a small growth in Revenue. In the last year, the Revenue has grown by 0.87%.
The Revenue has been growing slightly by 5.22% on average over the past years.
EPS 1Y (TTM)-9.65%
EPS 3Y3.42%
EPS 5Y3.19%
EPS growth Q2Q14.85%
Revenue 1Y (TTM)0.87%
Revenue growth 3Y5.58%
Revenue growth 5Y5.22%
Revenue growth Q2Q-2.31%
3.2 Future
LKFN is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.36% yearly.
LKFN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.09% yearly.
EPS Next Y-2.59%
EPS Next 2Y-0.36%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-0.83%
Revenue Next 2Y1.09%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
LKFN is valuated correctly with a Price/Earnings ratio of 16.48.
Based on the Price/Earnings ratio, LKFN is valued more expensive than 82.24% of the companies in the same industry.
When comparing the Price/Earnings ratio of LKFN to the average of the S&P500 Index (25.20), we can say LKFN is valued slightly cheaper.
A Price/Forward Earnings ratio of 16.92 indicates a correct valuation of LKFN.
Based on the Price/Forward Earnings ratio, LKFN is valued a bit more expensive than the industry average as 74.94% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 21.63. LKFN is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 16.92 |
4.2 Price Multiples
72.75% of the companies in the same industry are cheaper than LKFN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.47 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)5.17
EPS Next 2Y-0.36%
EPS Next 3YN/A
5. Dividend
5.1 Amount
LKFN has a Yearly Dividend Yield of 3.07%. Purely for dividend investing, there may be better candidates out there.
LKFN's Dividend Yield is slightly below the industry average, which is at 3.86.
Compared to an average S&P500 Dividend Yield of 2.44, LKFN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.07% |
5.2 History
The dividend of LKFN is nicely growing with an annual growth rate of 12.95%!
LKFN has paid a dividend for at least 10 years, which is a reliable track record.
LKFN has decreased its dividend recently.
Dividend Growth(5Y)12.95%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
50.24% of the earnings are spent on dividend by LKFN. This is a bit on the high side, but may be sustainable.
The Dividend Rate of LKFN has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP50.24%
EPS Next 2Y-0.36%
EPS Next 3YN/A
LAKELAND FINANCIAL CORP
NASDAQ:LKFN (4/25/2024, 7:02:42 PM)
After market: 60.15 0 (0%)60.15
-2.49 (-3.98%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.56B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.07% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.48 | ||
| Fwd PE | 16.92 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)5.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.44% | ||
| ROE | 14.43% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | 37.98% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | N/A | ||
| Quick Ratio | N/A | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-9.65%
EPS 3Y3.42%
EPS 5Y
EPS growth Q2Q
EPS Next Y-2.59%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)0.87%
Revenue growth 3Y5.58%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y