What is Lakeland Financial Corp worth?
With the base-case assumptions below, a discounted cash flow model on Lakeland Financial Corp's reported free cash flow gives $70.34 per share. The share price was $62.09 on November 10, 2026, 12% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -2.0% | 10.0% | $45.33 | -27% |
| Base | 3.0% | 9.0% | $70.34 | +13% |
| Bull | 8.0% | 8.0% | $117.05 | +89% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $88.01 | $93.35 | $99.89 | $108.06 | $118.56 |
| 8.0% | $74.86 | $78.33 | $82.43 | $87.34 | $93.35 |
| 9.0% | $65.24 | $67.61 | $70.34 | $73.53 | $77.30 |
| 10.0% | $57.89 | $59.58 | $61.49 | $63.67 | $66.19 |
| 11.0% | $52.10 | $53.34 | $54.72 | $56.27 | $58.03 |
Where the presets come from
Base: years 1 to 5 grow at Lakeland Financial Corp's revenue growth rate over the last 2 fiscal years (3.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions