NASDAQ:LANC Lancaster Colony (LANC) Stock Forecast, Price & News $167.27 -2.68 (-1.58%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$166.69▼$170.8450-Day Range$159.43▼$195.9652-Week Range$149.76▼$220.65Volume83,982 shsAverage Volume148,549 shsMarket Capitalization$4.60 billionP/E Ratio41.51Dividend Yield2.03%Price Target$226.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Lancaster Colony MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside35.1% Upside$226.00 Price TargetShort InterestHealthy3.24% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.89Upright™ Environmental ScoreNews Sentiment0.85Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth16.00%From $6.25 to $7.25 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.3.20 out of 5 starsConsumer Staples Sector2nd out of 129 stocksCanned, Frozen, & Preserved Fruits, Vegetables, & Food Special Industry1st out of 5 stocks 3.5 Analyst's Opinion Consensus RatingLancaster Colony has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $226.00, Lancaster Colony has a forecasted upside of 35.1% from its current price of $167.27.Amount of Analyst CoverageLancaster Colony has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.24% 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 4.Change versus previous monthShort interest in Lancaster Colony has recently decreased by 13.40%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldLancaster Colony pays a meaningful dividend of 2.00%, 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 84.37%. 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 46.90% 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 2.7 News and Social Media Coverage News SentimentLancaster Colony has a news sentiment score of 0.85. 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 higher news sentiment than the 0.65 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Lancaster Colony this week, compared to 3 articles on an average week.Search InterestOnly 3 people have searched for LANC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows7 people have added Lancaster Colony to their MarketBeat watchlist in the last 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 Insiders29.90% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Lancaster Colony are expected to grow by 16.00% in the coming year, from $6.25 to $7.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lancaster Colony is 41.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Lancaster Colony is 41.51, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.89.Price to Book Value per Share RatioLancaster Colony has a P/B Ratio of 5.34. 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 (NASDAQ:LANC) StockLancaster 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LANC Stock News HeadlinesSeptember 8, 2023 | marketbeat.com3 Dividend Kings Poised to Outperform the Market (LANC)Wall Street expects these three Dividend Kings who have raised their dividend payments for 50 or more consecutive years to keep delivering dividend gold.September 20, 2023 | finance.yahoo.comLancaster Colony Appoints George Knight to Board of DirectorsSeptember 23, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 19, 2023 | americanbankingnews.comShort Interest in Lancaster Colony Co. (NASDAQ:LANC) Declines By 13.4%September 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 RecommendationSeptember 23, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.August 24, 2023 | markets.businessinsider.comLoop Capital Maintains Buy Rating for Lancaster Colony: Here's What You Need To KnowAugust 24, 2023 | markets.businessinsider.comLoop Capital Markets Sticks to Their Buy Rating for Lancaster Colony (LANC)August 24, 2023 | finance.yahoo.comLancaster Colony Corporation (NASDAQ:LANC) Q4 2023 Earnings Call TranscriptAugust 24, 2023 | finance.yahoo.comQ4 2023 Lancaster Colony Corp Earnings CallAugust 23, 2023 | seekingalpha.comMore on Lancaster ColonyAugust 23, 2023 | marketwatch.comLancaster Colony Shares Tumble 11% as Profits Fall >LANCAugust 23, 2023 | msn.comLancaster Colony trades lower as profit misses; Co. adds Texas Roadhouse to stableAugust 23, 2023 | finance.yahoo.comHere's What's Concerning About Lancaster Colony's (NASDAQ:LANC) Returns On CapitalAugust 23, 2023 | finance.yahoo.comWhy Lancaster Colony Stock Dropped TodayAugust 15, 2023 | msn.comThe National Weather Service has issued a Severe Thunderstorm Watch on Aug 15 at 2:08 PM EDT for Accomack County.August 15, 2023 | fool.comLancaster Colony (NASDAQ: LANC)August 8, 2023 | msn.comTop London hotel with rock & roll history twins rooftop honey farm with hives in TanzaniaAugust 3, 2023 | finance.yahoo.comWith 62% ownership of the shares, Lancaster Colony Corporation (NASDAQ:LANC) is heavily dominated by institutional ownersAugust 2, 2023 | msn.comTop London hotel with almost a million honey bees on roof to help environmentJuly 21, 2023 | finance.yahoo.comLC1.BE - Lancaster Colony CorpJuly 21, 2023 | finance.yahoo.comLC1.SG - Lancaster Colony CorpJuly 17, 2023 | finance.yahoo.comShould Weakness in Lancaster Colony Corporation's (NASDAQ:LANC) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?June 23, 2023 | msn.comLoop Capital Initiates Coverage of Lancaster Colony (LANC) with 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 LANC Company Calendar Ex-Dividend for 6/30 Dividend6/08/2023Dividend Payable6/30/2023Last Earnings8/23/2023Ex-Dividend for 9/29 Dividend9/07/2023Today9/23/2023Dividend Payable9/29/2023Next Earnings (Estimated)11/02/2023Fiscal 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 Forecast$226.00 High Stock Price Forecast$226.00 Low Stock Price Forecast$226.00 Forecasted Upside/Downside+35.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$4.03 Trailing P/E Ratio41.51 Forward P/E Ratio26.76 P/E GrowthN/ANet Income$111.29 million Net Margins6.11% Pretax Margin7.86% Return on Equity15.02% Return on Assets11.51% Debt Debt-to-Equity RatioN/A Current Ratio2.22 Quick Ratio1.28 Sales & Book Value Annual Sales$1.82 billion Price / Sales2.53 Cash Flow$6.48 per share Price / Cash Flow25.80 Book Value$31.33 per share Price / Book5.34Miscellaneous Outstanding Shares27,528,000Free Float19,297,000Market Cap$4.60 billion OptionableOptionable Beta0.23 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. John B. Gerlach Jr. (Age 68)Exec. Chairman Comp: $314.46kMr. David A. Ciesinski (Age 57)Pres, CEO & Director Comp: $1.44MMr. Thomas K. Pigott (Age 58)VP, Assistant Sec. & CFO Comp: $818.36kMr. David S. Nagle (Age 58)Chief Supply Chain Officer of T. Marzetti Company Comp: $602.07kMr. Carl R. Stealey (Age 52)Pres of Retail Division at T. Marzetti Company Comp: $694.04kMs. Kristin J. Bird (Age 52)Pres of Foodservice Division of T. Marzetti Company Comp: $633.32kDale N. GanobsikVP of Corp. Fin., Investor Relations & TreasurerMr. Matthew R. Shurte (Age 55)Gen. Counsel, Chief Ethics Officer & Sec. Janet A. MurchCorp. ControllerMore ExecutivesKey CompetitorsTreeHouse FoodsNYSE:THSLamb WestonNYSE:LWFlowers FoodsNYSE:FLOOllie's Bargain OutletNASDAQ:OLLIBoston BeerNYSE:SAMView All CompetitorsInsiders & InstitutionsBarclays PLCBought 1,622 shares on 9/21/2023Ownership: 0.085%Alberta Investment Management CorpSold 177 shares on 8/24/2023Ownership: 0.016%Dean Capital ManagementSold 2,369 shares on 8/23/2023Ownership: 0.009%Comerica BankBought 115,397 shares on 8/22/2023Ownership: 0.419%BOKF NASold 93 shares on 8/21/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions LANC Stock - Frequently Asked Questions Should I buy or sell Lancaster Colony stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" LANC shares. View LANC analyst ratings or view top-rated stocks. What is Lancaster Colony's stock price forecast for 2023? 1 Wall Street analysts have issued 12-month target prices for Lancaster Colony's stock. Their LANC share price forecasts range from $226.00 to $226.00. On average, they expect the company's share price to reach $226.00 in the next year. This suggests a possible upside of 35.1% 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 at the beginning of the year. Since then, LANC stock has decreased by 15.2% and is now trading at $167.27. View the best growth stocks for 2023 here. Are investors shorting Lancaster Colony? Lancaster Colony saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 622,200 shares, a drop of 13.4% from the August 15th total of 718,500 shares. Based on an average trading volume of 155,500 shares, the short-interest ratio is currently 4.0 days. Approximately 3.2% of the shares of the company are short sold. 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, November 2nd 2023. View our LANC earnings forecast. How were Lancaster Colony's earnings last quarter? Lancaster Colony Co. (NASDAQ:LANC) released its quarterly earnings results on Wednesday, August, 23rd. The company reported $1.03 earnings per share for the quarter, missing analysts' consensus estimates of $1.29 by $0.26. The business had revenue of $454.70 million for the quarter, compared to analyst estimates of $481.13 million. Lancaster Colony had a trailing twelve-month return on equity of 15.02% and a net margin of 6.11%. The firm's revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company posted $1.35 earnings per share. How often does Lancaster Colony pay dividends? What is the dividend yield for Lancaster Colony? Lancaster Colony announced a quarterly dividend on Wednesday, August 16th. Investors of record on Friday, September 8th will be paid a dividend of $0.85 per share on Friday, September 29th. This represents a $3.40 annualized dividend and a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, September 7th. 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). Is Lancaster Colony a good dividend stock? Lancaster Colony (NASDAQ:LANC) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.96%. 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 84.37%. 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 46.90% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LANC. 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). What is Lancaster Colony's stock symbol? Lancaster Colony trades on the NASDAQ under the ticker symbol "LANC." Who are Lancaster Colony's major shareholders? Lancaster Colony's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.81%), State Street Corp (5.16%), William Blair Investment Management LLC (4.22%), Champlain Investment Partners LLC (2.36%), Silvercrest Asset Management Group LLC (2.01%) and Diamond Hill Capital Management Inc. (1.96%). 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. What is Lancaster Colony's stock price today? One share of LANC stock can currently be purchased for approximately $167.27. How much money does Lancaster Colony make? Lancaster Colony (NASDAQ:LANC) has a market capitalization of $4.60 billion and generates $1.82 billion in revenue each year. The company earns $111.29 million in net income (profit) each year or $4.03 on an earnings per share basis. How many employees does Lancaster Colony have? The company employs 3,400 workers across the globe. How can I contact Lancaster Colony? Lancaster Colony's mailing address is 380 POLARIS PARKWAY SUITE 400, WESTERVILLE OH, 43082. The official website for the company is www.lancastercolony.com. The company can be reached via phone at (614) 224-7141, via email at ir@lancastercolony.com, or via fax at 614-469-8219. This page (NASDAQ:LANC) was last updated on 9/23/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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