Lancaster Colony Stock Price, News & Analysis (NASDAQ:LANC) $168.48 -0.75 (-0.44%) (As of 12:51 PM ET) Add Compare Share Share Today's Range$167.85▼$169.5550-Day Range$162.58▼$177.2452-Week Range$158.88▼$220.65Volume47,721 shsAverage Volume142,974 shsMarket Capitalization$4.64 billionP/E Ratio39.55Dividend Yield2.14%Price Target$199.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Lancaster Colony MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside18.0% Upside$199.00 Price TargetShort InterestBearish4.04% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.89Upright™ Environmental ScoreNews Sentiment0.11Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth12.85%From $6.07 to $6.85 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.49 out of 5 starsConsumer Staples Sector41st out of 126 stocksCanned, Frozen, & Preserved Fruits, Vegetables, & Food Special Industry2nd out of 4 stocks 2.3 Analyst's Opinion Consensus RatingLancaster Colony has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $199.00, Lancaster Colony has a forecasted upside of 18.0% from its current price of $168.71.Amount of Analyst CoverageLancaster Colony has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.04% of the float of Lancaster Colony has been sold short.Short Interest Ratio / Days to CoverLancaster Colony has a short interest ratio ("days to cover") of 5.8.Change versus previous monthShort interest in Lancaster Colony has recently increased by 17.70%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldLancaster Colony pays a meaningful dividend of 2.15%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLancaster Colony has been increasing its dividend for 60 years.Dividend CoverageThe dividend payout ratio of Lancaster Colony is 84.51%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Lancaster Colony will have a dividend payout ratio of 52.55% next year. This indicates that Lancaster Colony will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLancaster Colony has received a 32.76% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Egg noodles", "Prepared vegetable meals", "Unprocessed roe", and "Wheat bread" products. See details.Environmental SustainabilityThe Environmental Impact score for Lancaster Colony is -1.89. Previous Next 2.3 News and Social Media Coverage News SentimentLancaster Colony has a news sentiment score of 0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.44 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Lancaster Colony this week, compared to 3 articles on an average week.Search Interest13 people have searched for LANC on MarketBeat in the last 30 days. This is an increase of 550% compared to the previous 30 days.MarketBeat Follows3 people have added Lancaster Colony to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lancaster Colony insiders have not sold or bought any company stock.Percentage Held by Insiders29.60% of the stock of Lancaster Colony is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.49% of the stock of Lancaster Colony is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Lancaster Colony are expected to grow by 12.85% in the coming year, from $6.07 to $6.85 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lancaster Colony is 39.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Lancaster Colony is 39.60, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.12.Price to Book Value per Share RatioLancaster Colony has a P/B Ratio of 5.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lancaster Colony Stock (NASDAQ:LANC)Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand. It also manufactures and sells other products to brand license agreements, including Olive Garden dressings, Buffalo Wild Wings sauces, and Chick-fil-A sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was incorporated in 1961 and is based in Westerville, Ohio.Read More LANC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LANC Stock News HeadlinesDecember 1, 2023 | finance.yahoo.comLancaster Colony Corp's Dividend AnalysisNovember 29, 2023 | seekingalpha.comLancaster Colony: Licenced Brands Create Room For GrowthDecember 6, 2023 | Financial Alphas (Ad)Countries Are Investing Heavily Into Securing Energy IndependenceThere's a worldwide "arms race" for countries to secure lithium - the critical metal essential to powering the world's green energy transition. While the U.S. is now investing heavily into lithium production, the North American supply chain has fallen far behind. One company is on a mission to change that and make a previously remote area the next great lithium mining hub.November 28, 2023 | americanbankingnews.comLancaster Colony (NASDAQ:LANC) Receives New Coverage from Analysts at Jefferies Financial GroupNovember 28, 2023 | benzinga.comLancaster Colony Stock (NASDAQ:LANC), Analyst Ratings, Price Targets, PredictionsNovember 28, 2023 | msn.comJefferies Initiates Coverage of Lancaster Colony (LANC) with Hold RecommendationNovember 26, 2023 | finance.yahoo.comDon't Buy Lancaster Colony Corporation (NASDAQ:LANC) For Its Next Dividend Without Doing These ChecksNovember 24, 2023 | seekingalpha.com19 Upcoming Dividend Increases, Including 3 KingsDecember 6, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 12, 2023 | finance.yahoo.comLancaster Colony's (NASDAQ:LANC) Shareholders Will Receive A Bigger Dividend Than Last YearNovember 9, 2023 | finance.yahoo.comLancaster Colony Corporation (LANC) Dropped on Weakening Consumer BackdropNovember 8, 2023 | msn.comLancaster Colony raises quarterly dividend by 5.9% to $0.90/shareNovember 6, 2023 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Reynolds Consumer Products (REYN), Church & Dwight (CHD) and Lancaster Colony (LANC)November 3, 2023 | finance.yahoo.comLancaster Colony Corporation (NASDAQ:LANC) Q1 2024 Earnings Call TranscriptNovember 3, 2023 | finance.yahoo.comLancaster Colony (LANC) Fell on Slower Growth ExpectationsNovember 2, 2023 | markets.businessinsider.comLancaster Colony earnings: here's what Wall Street expectsNovember 2, 2023 | finance.yahoo.comLancaster Colony Corp (LANC) Reports 8.5% Increase in Q1 Sales, Net Income Rises to $1.59 per ShareNovember 2, 2023 | finance.yahoo.comMost Shareholders Will Probably Find That The CEO Compensation For Lancaster Colony Corporation (NASDAQ:LANC) Is ReasonableNovember 2, 2023 | msn.comLancaster Colony GAAP EPS of $1.59, revenue of $461.6MNovember 1, 2023 | msn.comLancaster Colony Q1 2024 Earnings PreviewOctober 19, 2023 | finance.yahoo.comLancaster Colony to Webcast First Quarter Fiscal Year 2024 Conference CallOctober 13, 2023 | msn.comStephens & Co. Initiates Coverage of Lancaster Colony (LANC) with Overweight RecommendationSeptember 20, 2023 | finance.yahoo.comLancaster Colony Appoints George Knight to Board of DirectorsSeptember 13, 2023 | msn.comLancaster Colony: Projected Earnings Trends Point To Lower Prices For Fiscal 2024September 13, 2023 | msn.comLancaster Colony: Will This Beaten-Down Stock Bounce Back?September 2, 2023 | finance.yahoo.comWe Wouldn't Be Too Quick To Buy Lancaster Colony Corporation (NASDAQ:LANC) Before It Goes Ex-DividendAugust 25, 2023 | msn.comLoop Capital Maintains Lancaster Colony (LANC) Buy RecommendationSee More Headlines Receive LANC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lancaster Colony and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 9/29 Dividend9/07/2023Dividend Payable9/29/2023Last Earnings11/02/2023Ex-Dividend for 12/29 Dividend12/01/2023Today12/06/2023Dividend Payable12/29/2023Next Earnings (Estimated)2/01/2024Fiscal Year End6/30/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Canned, frozen, & preserved fruits, vegetables, & food special Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:LANC CUSIP51384710 CIK57515 Webwww.lancastercolony.com Phone(614) 224-7141Fax614-469-8219Employees3,400Year Founded1961Price Target and Rating Average Stock Price Target$199.00 High Stock Price Target$226.00 Low Stock Price Target$166.00 Potential Upside/Downside+17.6%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$4.26 Trailing P/E Ratio39.73 Forward P/E Ratio27.88 P/E GrowthN/ANet Income$111.29 million Net Margins6.33% Pretax Margin8.17% Return on Equity16.02% Return on Assets12.34% Debt Debt-to-Equity RatioN/A Current Ratio2.31 Quick Ratio1.25 Sales & Book Value Annual Sales$1.82 billion Price / Sales2.56 Cash Flow$6.69 per share Price / Cash Flow25.31 Book Value$31.33 per share Price / Book5.40Miscellaneous Outstanding Shares27,520,000Free Float19,372,000Market Cap$4.66 billion OptionableOptionable Beta0.27 Social Links Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. John B. Gerlach Jr. (Age 68)Executive Chairman of the Board Comp: $315.79kMr. David A. Ciesinski (Age 57)President, CEO & Director Comp: $2.43MMr. Thomas K. Pigott (Age 58)VP, Assistant Secretary & CFO Comp: $1.27MMr. Carl R. Stealey (Age 52)President of Retail Division at T. Marzetti Company Comp: $932.28kMs. Kristin J. Bird (Age 52)President of Foodservice Division of T. Marzetti Company Comp: $951.52kMr. Luis Viso (Age 63)Chief Supply Chain Officer of T. Marzetti Company Comp: $802.21kDale N. GanobsikVice President of Corporate Finance, Investor Relations & TreasurerMr. Matthew R. Shurte (Age 55)General Counsel, Chief Ethics Officer & Secretary Janet A. MurchVP & Corporate ControllerMore ExecutivesKey CompetitorsTreeHouse FoodsNYSE:THSFuture FinTech GroupNASDAQ:FTFTLamb WestonNYSE:LWOllie's Bargain OutletNASDAQ:OLLINational BeverageNASDAQ:FIZZView All CompetitorsInsiders & InstitutionsWellington Management Group LLPSold 120,140 shares on 12/1/2023Ownership: 0.116%Fortis Group Advisors LLCBought 8,411 shares on 12/1/2023Ownership: 0.031%American Century Companies Inc.Sold 2,802 shares on 11/30/2023Ownership: 0.026%Deutsche Bank AGBought 1,203 shares on 11/24/2023Ownership: 0.038%Walleye Capital LLCBought 10,417 shares on 11/21/2023Ownership: 0.038%View All Insider TransactionsView All Institutional Transactions LANC Stock Analysis - Frequently Asked Questions Should I buy or sell Lancaster Colony stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LANC shares. View LANC analyst ratings or view top-rated stocks. What is Lancaster Colony's stock price target for 2024? 3 equities research analysts have issued 1 year target prices for Lancaster Colony's stock. Their LANC share price targets range from $166.00 to $226.00. On average, they anticipate the company's share price to reach $199.00 in the next year. This suggests a possible upside of 18.0% from the stock's current price. View analysts price targets for LANC or view top-rated stocks among Wall Street analysts. How have LANC shares performed in 2023? Lancaster Colony's stock was trading at $197.30 on January 1st, 2023. Since then, LANC shares have decreased by 14.5% and is now trading at $168.71. View the best growth stocks for 2023 here. Are investors shorting Lancaster Colony? Lancaster Colony saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 774,000 shares, an increase of 17.7% from the October 31st total of 657,600 shares. Based on an average daily trading volume, of 132,600 shares, the short-interest ratio is currently 5.8 days. Currently, 4.0% of the company's stock are sold short. View Lancaster Colony's Short Interest. When is Lancaster Colony's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 1st 2024. View our LANC earnings forecast. How were Lancaster Colony's earnings last quarter? Lancaster Colony Co. (NASDAQ:LANC) issued its quarterly earnings results on Thursday, November, 2nd. The company reported $1.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.16. The company earned $461.57 million during the quarter, compared to analyst estimates of $445.90 million. Lancaster Colony had a trailing twelve-month return on equity of 16.02% and a net margin of 6.33%. How often does Lancaster Colony pay dividends? What is the dividend yield for Lancaster Colony? Lancaster Colony announced a quarterly dividend on Wednesday, November 8th. Stockholders of record on Monday, December 4th will be paid a dividend of $0.90 per share on Friday, December 29th. This represents a $3.60 annualized dividend and a yield of 2.13%. The ex-dividend date is Friday, December 1st. This is a boost from the stock's previous quarterly dividend of $0.85. Read our dividend analysis for LANC. Is Lancaster Colony a good dividend stock? Lancaster Colony (NASDAQ:LANC) pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.15%. The company has been increasing its dividend for 60 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 84.51%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LANC will have a dividend payout ratio of 52.55% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LANC. What ETFs hold Lancaster Colony's stock? ETFs with the largest weight of Lancaster Colony (NASDAQ:LANC) stock in their portfolio include Adaptive Core ETF (RULE), Leatherback Long/Short Alternative Yield ETF (LBAY), Invesco Food & Beverage ETF (PBJ), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), Victoryshares Dividend Accelerator ETF (VSDA), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and First Trust Nasdaq Food & Beverage ETF (FTXG). What is Jay Gerlach Jr.'s approval rating as Lancaster Colony's CEO? 2 employees have rated Lancaster Colony Chief Executive Officer Jay Gerlach Jr. on Glassdoor.com. Jay Gerlach Jr. has an approval rating of 100% among the company's employees. This puts Jay Gerlach Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Lancaster Colony own? Based on aggregate information from My MarketBeat watchlists, some companies that other Lancaster Colony investors own include Medtronic (MDT), Aflac (AFL), Hormel Foods (HRL), MSA Safety (MSA), PepsiCo (PEP), Sysco (SYY), Johnson & Johnson (JNJ), McCormick & Company, Incorporated (MKC), Becton, Dickinson and Company (BDX) and Ecolab (ECL). Who are Lancaster Colony's major shareholders? Lancaster Colony's stock is owned by a variety of retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (4.75%), Diamond Hill Capital Management Inc. (2.17%), London Co. of Virginia (1.44%), Victory Capital Management Inc. (1.19%), Morgan Stanley (1.17%) and Northern Trust Corp (1.05%). Insiders that own company stock include Alan F Harris, David Alan Ciesinski, David S Nagle, John B Gerlach Jr, K Pigott Thomas and Kristin Bird. View institutional ownership trends. How do I buy shares of Lancaster Colony? Shares of LANC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:LANC) was last updated on 12/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Lancaster Colony Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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