Lakeland Financial ( (LKFN) ) has provided an update.
On April 8, 2025, Lakeland Financial Corporation’s Board of Directors declared a quarterly cash dividend of $0.50 per share, payable on May 5, 2025, to shareholders recorded by April 25, 2025. Additionally, the Board reauthorized and extended the company’s share repurchase program through April 30, 2027, allowing for the repurchase of up to $30 million of common stock, providing flexibility in market transactions.
Spark’s Take on LKFN Stock
According to Spark, TipRanks’ AI Analyst, LKFN is a Neutral.
Lakeland Financial is supported by strong financial performance and positive corporate events, boosting investor confidence. However, technical analysis indicates bearish momentum, and valuation metrics are moderate. The concerning zero equity figure on the balance sheet requires attention, impacting the stock’s overall stability.
To see Spark’s full report on LKFN stock, click here.
More about Lakeland Financial
YTD Price Performance: -22.11%
Average Trading Volume: 162,253
Technical Sentiment Signal: Strong Buy
Current Market Cap: $1.4B
For a thorough assessment of LKFN stock, go to TipRanks’ Stock Analysis page.