Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. The Company's food products include Salad dressings and sauces, Vegetable dips and fruit dips, Frozen garlic breads, Frozen Parkerhouse style yeast rolls and dinner rolls, Premium dry egg noodles, Frozen specialty noodles, Croutons and salad toppings, Flatbread wraps and pizza crusts, and Caviar. Its brands include Marzetti, Marzetti Simply Dressed, Cardini's, Girard's, Katherine's Kitchen, New York BRAND Bakery, Mamma Bella's, Sister Schubert's, Mary B's, Inn Maid, Amish Kitchen, Reames, Aunt Vi's, Flatout and Romanoff. It manufactures and sells other products pursuant to brand license agreements, including Olive Garden dressing, Jack Daniel's mustards and Hungry Girl flatbreads. A portion of its sales are dressing packets, frozen specialty noodles, pasta and flatbreads sold to industrial customers for use as ingredients or components in their products.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Food - Major Diversified
- Sub-Industry: Packaged Foods & Meats
- Symbol: NASDAQ:LANC
- CUSIP: 51384710
- Web: www.lancastercolony.com
- Market Cap: $3.33 billion
- Outstanding Shares: 27,443,000
- 50 Day Moving Avg: $125.15
- 200 Day Moving Avg: $132.62
- 52 Week Range: $116.11 - $149.30
Sales & Book Value:
- Trailing P/E Ratio: 28.40
- Foreward P/E Ratio: 24.58
- P/E Growth: 8.49
- Annual Revenue: $1.2 billion
- Price / Sales: 2.78
- Book Value: $20.38 per share
- Price / Book: 5.96
- Annual Dividend: $2.20
- Dividend Yield: 1.8%
- EBIDTA: $221.45 million
- Net Margins: 11.09%
- Return on Equity: 25.07%
- Return on Assets: 20.18%
- Current Ratio: 3.97%
- Quick Ratio: 2.82%
- Average Volume: 93,902 shs.
- Beta: 0.85
- Short Ratio: 3.18
Frequently Asked Questions for Lancaster Colony Corp. (NASDAQ:LANC)
What is Lancaster Colony Corp.'s stock symbol?
Lancaster Colony Corp. trades on the NASDAQ under the ticker symbol "LANC."
How often does Lancaster Colony Corp. pay dividends? What is the dividend yield for Lancaster Colony Corp.?
Lancaster Colony Corp. declared a quarterly dividend on Thursday, May 25th. Stockholders of record on Thursday, June 8th will be paid a dividend of $0.55 per share on Friday, June 30th. This represents a $2.20 annualized dividend and a dividend yield of 1.81%. View Lancaster Colony Corp.'s Dividend History.
How were Lancaster Colony Corp.'s earnings last quarter?
Lancaster Colony Corp. (NASDAQ:LANC) posted its quarterly earnings data on Thursday, April, 27th. The company reported $0.95 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.09 by $0.14. The company earned $293.83 million during the quarter, compared to the consensus estimate of $286.37 million. Lancaster Colony Corp. had a net margin of 11.09% and a return on equity of 25.07%. Lancaster Colony Corp.'s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.06 EPS. View Lancaster Colony Corp.'s Earnings History.
Where is Lancaster Colony Corp.'s stock going? Where will Lancaster Colony Corp.'s stock price be in 2017?
4 analysts have issued 12-month price targets for Lancaster Colony Corp.'s stock. Their forecasts range from $128.00 to $160.00. On average, they anticipate Lancaster Colony Corp.'s share price to reach $148.67 in the next year. View Analyst Ratings for Lancaster Colony Corp..
What are analysts saying about Lancaster Colony Corp. stock?
Here are some recent quotes from research analysts about Lancaster Colony Corp. stock:
- 1. According to Zacks Investment Research, "Lancaster Colony Corp. manufactures and markets three families of products: Glassware and Candles; Specialty Foods; and Automotive. Consumer glassware includes a diverse line of decorative and ornamental products such as tumblers, bowls, pitchers, jars and barware. The food products manufactured and sold include salad dressings and sauces; fruit glazes, veggie dips and fruit dips; frozen unbaked pies. It also manufactures and sells a complete line of rubber, vinyl and carpeted car mats both in the aftermarket and to original equipment manufacturers. " (5/1/2017)
- 2. Wedbush analysts commented, "The Wedbush View: We expect a combination of sustained organic retail sales growth outperformance, strategic acquisitions, and foodservice reacceleration to sustain best-in-class returns on capital and drive EPS and FCF growth ahead of expectations. EPS below expectations on SG&A investments and gross margin headwinds, despite top line outperformance. Adj. EPS of $0.95 was below $1.07 cons., on revenue of $294M vs. our $290M expectation and consensus for $287M. Higher SG&A drove $0.06 of the shortfall vs. our model, with gross margin compression on lower flow-through from reduced foodservice pricing accounting for the rest." (4/24/2017)
Are investors shorting Lancaster Colony Corp.?
Lancaster Colony Corp. saw a increase in short interest in the month of April. As of April 28th, there was short interest totalling 280,330 shares, an increase of 19.4% from the April 13th total of 234,711 shares. Based on an average daily volume of 115,758 shares, the short-interest ratio is presently 2.4 days.
Who are some of Lancaster Colony Corp.'s key competitors?
Some companies that are related to Lancaster Colony Corp. include Pilgrim's Pride Co. (PPC), Post Holdings (POST), Blue Buffalo Pet Products (BUFF), Sanderson Farms (SAFM), Cal-Maine Foods (CALM), Central Garden & Pet Co (CENT), Amplify Snack Brands (BETR), Freshpet (FRPT), Nutraceutical Int'l Corp. (NUTR), Amira Nature Foods Ltd (ANFI), Lifeway Foods (LWAY), DavidsTea (DTEA) and WhiteWave Foods Co (WWAV).
Who owns Lancaster Colony Corp. stock?
Lancaster Colony Corp.'s stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.18%), Vanguard Group Inc. (6.85%), State Street Corp (5.23%), Neuberger Berman Group LLC (2.54%), Renaissance Technologies LLC (2.23%) and Dimensional Fund Advisors LP (1.80%). View Institutional Ownership Trends for Lancaster Colony Corp..
Who sold Lancaster Colony Corp. stock? Who is selling Lancaster Colony Corp. stock?
Lancaster Colony Corp.'s stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, Goldman Sachs Group Inc., UBS Group AG, Bank of America Corp DE, AQR Capital Management LLC, JPMorgan Chase & Co., Credit Suisse AG and O Shaughnessy Asset Management LLC. View Insider Buying and Selling for Lancaster Colony Corp..
Who bought Lancaster Colony Corp. stock? Who is buying Lancaster Colony Corp. stock?
Lancaster Colony Corp.'s stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Karp Capital Management Corp, Prudential Financial Inc., State Street Corp, Morgan Stanley, ProShare Advisors LLC and Renaissance Technologies LLC. View Insider Buying and Selling for Lancaster Colony Corp..
How do I buy Lancaster Colony Corp. stock?
Shares of Lancaster Colony Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Lancaster Colony Corp. stock cost?
One share of Lancaster Colony Corp. stock can currently be purchased for approximately $121.42.
Earnings History for Lancaster Colony Corp. (NASDAQ:LANC)Earnings History by Quarter for Lancaster Colony Corp. (NASDAQ:LANC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/27/2017||Q3 2017||$1.09||$0.95||$286.37 million||$293.83 million||View||N/A|
|1/26/2017||Q217||$1.36||$1.42||$329.66 million||$326.80 million||View||N/A|
|10/27/2016||Q117||$1.12||$1.22||$304.30 million||$294.10 million||View||Listen|
|8/18/2016||Q416||$1.03||$1.12||$291.72 million||$284.50 million||View||Listen|
|4/28/2016||Q316||$0.83||$1.06||$278.49 million||$287.80 million||View||Listen|
|1/28/2016||Q216||$1.35||$1.25||$332.20 million||$324.30 million||View||Listen|
|10/29/2015||Q116||$0.91||$1.01||$278.70 million||$294.10 million||View||Listen|
|8/20/2015||Q415||$0.85||$0.93||$275.52 million||$277.70 million||View||Listen|
|4/30/2015||Q315||$0.74||$0.75||$256.50 million||$263.40 million||View||Listen|
|1/29/2015||Q215||$1.28||$1.20||$300.50 million||$303.40 million||View||Listen|
|10/30/2014||Q115||$0.83||$0.83||$259.00 million||$260.00 million||View||Listen|
|8/21/2014||Q414||$0.99||$0.76||$257.00 million||$259.00 million||View||Listen|
|5/1/2014||Q314||$0.84||$0.69||$250.33 million||$242.00 million||View||Listen|
|1/31/2014||Q214||$1.22||$1.44||$326.43 million||$336.00 million||View||Listen|
|10/31/2013||Q114||$0.94||$0.91||$282.93 million||$286.00 million||View||Listen|
|8/22/2013||Q4 2013||$0.94||$0.93||$282.93 million||$269.00 million||View||Listen|
|4/25/2013||Q3 2013||$0.81||$0.80||$279.50 million||$279.51 million||View||Listen|
|1/31/2013||Q2 2013||$1.25||$1.28||$329.77 million||$326.00 million||View||Listen|
|8/23/2012||Q412||$0.79||$0.95||$263.07 million||$274.00 million||View||N/A|
Earnings Estimates for Lancaster Colony Corp. (NASDAQ:LANC)
2017 EPS Consensus Estimate: $4.71
2018 EPS Consensus Estimate: $4.88
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Lancaster Colony Corp. (NASDAQ:LANC)
|Dividend Growth:||-1.50% (3 Year Average)|
|Payout Ratio:||45.64% (Trailing 12 Months of Earnings) |
46.71% (Based on This Year's Estimates)
44.53% (Based on Next Year's Estimates)
|Track Record:||54 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Lancaster Colony Corp. (NASDAQ:LANC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Lancaster Colony Corp. (NASDAQ:LANC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Lancaster Colony Corp. (NASDAQ:LANC)
Latest Headlines for Lancaster Colony Corp. (NASDAQ:LANC)
|Lancaster Colony appoints new CEO|
seekingalpha.com - May 25 at 3:40 PM
|Lancaster Colony Corp. (LANC) to Issue Quarterly Dividend of $0.55|
www.americanbankingnews.com - May 25 at 3:18 PM
|Lancaster Colony Corp. (LANC) Sees Significant Increase in Short Interest|
www.americanbankingnews.com - May 13 at 7:32 AM
|PHOTOS: Unispace gets striking skyline views, more room in move to top of One Columbus|
www.bizjournals.com - May 9 at 6:00 PM
|ETFs with exposure to Lancaster Colony Corp. : May 9, 2017|
finance.yahoo.com - May 9 at 6:00 PM
|Lancaster Colony Corp. :LANC-US: Earnings Analysis: Q3, 2017 By the Numbers : May 8, 2017|
finance.yahoo.com - May 8 at 5:49 PM
|Lancaster Colony Corp. (LANC) Earns News Impact Rating of -0.29|
www.americanbankingnews.com - May 4 at 10:37 AM
|Lancaster Colony Corp. (LANC) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - May 2 at 12:40 AM
|Somewhat Positive Press Coverage Somewhat Likely to Impact Lancaster Colony Corp. (LANC) Stock Price|
www.americanbankingnews.com - May 1 at 7:32 PM
|FY2017 Earnings Estimate for Lancaster Colony Corp. (LANC) Issued By Wedbush|
www.americanbankingnews.com - May 1 at 9:53 AM
|Lancaster Colony Corp. (LANC) Releases Quarterly Earnings Results, Misses Expectations By $0.14 EPS|
www.americanbankingnews.com - April 29 at 1:29 AM
|Lancaster Colony Corp. (LANC) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS|
www.americanbankingnews.com - April 29 at 1:25 AM
|Lancaster Colony Corp. (LANC) Announces Quarterly Earnings Results, Misses Estimates By $0.14 EPS|
www.americanbankingnews.com - April 29 at 1:24 AM
|Lancaster Colony Corp. (LANC) Given Daily News Impact Score of 0.04|
www.americanbankingnews.com - April 28 at 5:45 PM
|Edited Transcript of LANC earnings conference call or presentation 27-Apr-17 2:00pm GMT|
finance.yahoo.com - April 28 at 9:40 AM
|BRIEF-Lancaster Colony Q3 EPS $0.53 including items|
www.reuters.com - April 27 at 6:48 PM
|Lancaster Colony Corp Reveals 50% Drop In Q3 Profit|
www.rttnews.com - April 27 at 6:48 PM
|Lancaster Colony Reports Third Quarter Sales And Earnings|
finance.yahoo.com - April 27 at 9:11 AM
|Lancaster Colony posts 3Q profit|
finance.yahoo.com - April 27 at 9:11 AM
|Lancaster Colony Corp. (LANC) Receiving Positive Press Coverage, Analysis Shows|
www.americanbankingnews.com - April 25 at 2:09 PM
|Lancaster Colony Corp. (LANC) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - April 25 at 9:57 AM
|Lancaster Colony Corp. (LANC) Rating Reiterated by Wedbush|
www.americanbankingnews.com - April 24 at 2:08 PM
|Lancaster Colony Corp. (LANC) Receives Media Sentiment Score of 0.57|
www.americanbankingnews.com - April 19 at 10:24 AM
|Lancaster Colony To Webcast Third Quarter Fiscal Year 2017 conference Call|
finance.yahoo.com - April 18 at 10:45 AM
|Lancaster Colony Corp. (LANC) Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - April 18 at 7:12 AM
|Lancaster Colony Corp. (LANC) Earns Daily News Impact Score of 0.20|
www.americanbankingnews.com - April 15 at 5:15 PM
|Zacks Investment Research Downgrades Lancaster Colony Corp. (LANC) to Hold|
www.americanbankingnews.com - April 14 at 2:04 PM
|$291.08 Million in Sales Expected for Lancaster Colony Corp. (LANC) This Quarter|
www.americanbankingnews.com - April 13 at 1:46 PM
|Here's Why Investors Are Eyeing Pinnacle Foods (PF)|
finance.yahoo.com - April 7 at 10:46 AM
|Lancaster Colony Corp. : LANC-US: Dividend Analysis : March 09th, 2017 (record date) : By the numbers : April 3, 2017|
us.rd.yahoo.com - April 4 at 7:36 AM
|Lancaster Colony Corp. (LANC) Receives Average Rating of "Buy" from Brokerages|
www.americanbankingnews.com - March 31 at 1:56 PM
|Kraft Heinz Introduces Oven Baked Macaroni & Cheese Item|
finance.yahoo.com - March 29 at 10:18 AM
|Lancaster Colony Corp. (LANC) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - March 29 at 1:01 AM
|PHOTOS: Lancaster Colony consolidates at new Polaris-area HQ|
www.bizjournals.com - March 1 at 5:55 PM
|Notable Two Hundred Day Moving Average Cross - LANC|
www.nasdaq.com - February 28 at 6:21 PM
|Lancaster Colony Continues Higher Cash Dividend - PR Newswire (press release)|
www.prnewswire.com - February 23 at 5:22 AM
|Lancaster Colony Continues Higher Cash Dividend|
finance.yahoo.com - February 22 at 6:24 PM
|LANCASTER COLONY CORP Financials|
finance.yahoo.com - February 11 at 6:14 PM
|Yacktman Asset Management Comments on Lancaster Colony|
finance.yahoo.com - February 8 at 6:59 PM
|LANCASTER COLONY CORP Files SEC form 10-Q, Quarterly Report|
biz.yahoo.com - February 8 at 5:34 AM
|Q2 2017 Lancaster Colony Corp Earnings Release - Before Market Open|
us.rd.yahoo.com - January 28 at 6:22 PM
|Lancaster Colony Reports Second Quarter Sales And Earnings|
us.rd.yahoo.com - January 28 at 6:22 PM
|7:23 am Lancaster Colony beats by $0.05, reports revs in-line|
us.rd.yahoo.com - January 28 at 6:22 PM
|LANCASTER COLONY CORP Files SEC form 8-K, Results of Operations and Financial Condition|
us.rd.yahoo.com - January 28 at 6:22 PM
|Edited Transcript of LANC earnings conference call or presentation 26-Jan-17 3:00pm GMT|
finance.yahoo.com - January 27 at 1:01 AM
|BRIEF-Lancaster Colony Q2 earnings per share $1.42|
www.reuters.com - January 26 at 8:00 PM
|Lancaster Colony Corp Profit Climbs 13% In Q2|
www.rttnews.com - January 26 at 8:00 PM
|BRIEF-Lancaster Colony says Ohio plant employees voted to ratify new collective bargaining agreement|
www.reuters.com - January 25 at 4:58 AM
|LANCASTER COLONY CORP Files SEC form 8-K, Other Events|
biz.yahoo.com - January 24 at 6:55 PM
|Lancaster Colony To Webcast Second Quarter Fiscal Year 2017 Conference Call|
finance.yahoo.com - January 17 at 6:35 PM
Lancaster Colony Corp. (LANC) Chart for Friday, May, 26, 2017