Lancaster Colony Corp. Company Profile (NASDAQ:LANC)

About Lancaster Colony Corp. (NASDAQ:LANC)

Lancaster Colony Corp. logoLancaster 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
Capitalization:
  • Market Cap: $3.44 billion
  • Outstanding Shares: 27,443,000
Average Prices:
  • 50 Day Moving Avg: $124.96
  • 200 Day Moving Avg: $132.49
  • 52 Week Range: $116.11 - $149.30
P/E:
  • Trailing P/E Ratio: 29.32
  • Foreward P/E Ratio: 25.41
  • P/E Growth: 8.59
Sales & Book Value:
  • Annual Revenue: $1.2 billion
  • Price / Sales: 2.87
  • Book Value: $20.38 per share
  • Price / Book: 6.16
Dividend:
  • Annual Dividend: $2.20
  • Dividend Yield: 1.8%
Profitability:
  • EBIDTA: $221.45 million
  • Net Margins: 11.09%
  • Return on Equity: 25.07%
  • Return on Assets: 20.18%
Debt:
  • Current Ratio: 3.97%
  • Quick Ratio: 2.82%
Misc:
  • Average Volume: 93,938 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. announced a quarterly dividend on Thursday, May 25th. Shareholders of record on Thursday, June 8th will be given a dividend of $0.55 per share on Friday, June 30th. This represents a $2.20 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Tuesday, June 6th. View Lancaster Colony Corp.'s Dividend History.

How were Lancaster Colony Corp.'s earnings last quarter?

Lancaster Colony Corp. (NASDAQ:LANC) released its earnings results on Thursday, April, 27th. The company reported $0.95 earnings per share (EPS) 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 analyst estimates of $286.37 million. Lancaster Colony Corp. had a return on equity of 25.07% and a net margin of 11.09%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter last year, the business posted $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?

5 equities research analysts have issued twelve-month target prices for Lancaster Colony Corp.'s shares. 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 twelve months. 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 during 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 trading volume, of 115,758 shares, the short-interest ratio is currently 2.4 days.

Who are some of Lancaster Colony Corp.'s key competitors?

Who owns Lancaster Colony Corp. stock?

Lancaster Colony Corp.'s stock is owned by a number of of institutional and retail 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 $125.51.

Analyst Ratings

Consensus Ratings for Lancaster Colony Corp. (NASDAQ:LANC) (?)
Ratings Breakdown: 2 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $148.67 (18.45% upside)

Analysts' Ratings History for Lancaster Colony Corp. (NASDAQ:LANC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/26/2017Vertical ResearchUpgradeHold -> BuyHighView Rating Details
4/24/2017WedbushReiterated RatingOutperform$160.00LowView Rating Details
1/30/2017CL KingInitiated CoverageBuy$158.00N/AView Rating Details
11/4/2016Longbow ResearchInitiated CoverageNeutralN/AView Rating Details
8/8/2016DA DavidsonBoost Price TargetNeutral$120.00 -> $128.00N/AView Rating Details
5/9/2016BB&T Co.DowngradeBuy -> HoldN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Lancaster Colony Corp. (NASDAQ:LANC)
Earnings by Quarter for Lancaster Colony Corp. (NASDAQ:LANC)
Earnings History by Quarter for Lancaster Colony Corp. (NASDAQ:LANC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/27/2017Q3 2017$1.09$0.95$286.37 million$293.83 millionViewN/AView Earnings Details
1/26/2017Q217$1.36$1.42$329.66 million$326.80 millionViewN/AView Earnings Details
10/27/2016Q117$1.12$1.22$304.30 million$294.10 millionViewListenView Earnings Details
8/18/2016Q416$1.03$1.12$291.72 million$284.50 millionViewListenView Earnings Details
4/28/2016Q316$0.83$1.06$278.49 million$287.80 millionViewListenView Earnings Details
1/28/2016Q216$1.35$1.25$332.20 million$324.30 millionViewListenView Earnings Details
10/29/2015Q116$0.91$1.01$278.70 million$294.10 millionViewListenView Earnings Details
8/20/2015Q415$0.85$0.93$275.52 million$277.70 millionViewListenView Earnings Details
4/30/2015Q315$0.74$0.75$256.50 million$263.40 millionViewListenView Earnings Details
1/29/2015Q215$1.28$1.20$300.50 million$303.40 millionViewListenView Earnings Details
10/30/2014Q115$0.83$0.83$259.00 million$260.00 millionViewListenView Earnings Details
8/21/2014Q414$0.99$0.76$257.00 million$259.00 millionViewListenView Earnings Details
5/1/2014Q314$0.84$0.69$250.33 million$242.00 millionViewListenView Earnings Details
1/31/2014Q214$1.22$1.44$326.43 million$336.00 millionViewListenView Earnings Details
10/31/2013Q114$0.94$0.91$282.93 million$286.00 millionViewListenView Earnings Details
8/22/2013Q4 2013$0.94$0.93$282.93 million$269.00 millionViewListenView Earnings Details
4/25/2013Q3 2013$0.81$0.80$279.50 million$279.51 millionViewListenView Earnings Details
1/31/2013Q2 2013$1.25$1.28$329.77 million$326.00 millionViewListenView Earnings Details
10/25/2012$0.94$0.98ViewN/AView Earnings Details
8/23/2012Q412$0.79$0.95$263.07 million$274.00 millionViewN/AView Earnings Details
4/26/2012$0.76$0.67ViewN/AView Earnings Details
1/26/2012$1.14$1.11ViewN/AView Earnings Details
10/27/2011$0.77$0.78ViewN/AView Earnings Details
8/18/2011$0.80$0.74ViewN/AView Earnings Details
4/28/2011$0.80$0.71ViewN/AView Earnings Details
1/27/2011$1.09$1.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lancaster Colony Corp. (NASDAQ:LANC)
2017 EPS Consensus Estimate: $4.71
2018 EPS Consensus Estimate: $4.88
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.13$1.14$1.14
Q2 20172$1.34$1.36$1.35
Q3 20172$1.06$1.08$1.07
Q4 20172$1.13$1.17$1.15
Q1 20182$1.17$1.25$1.21
Q2 20182$1.38$1.44$1.41
Q3 20182$1.00$1.11$1.06
Q4 20182$1.19$1.22$1.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lancaster Colony Corp. (NASDAQ:LANC)
Next Dividend:6/30/2017
Annual Dividend:$2.20
Dividend Yield:1.75%
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 Payments by Quarter for Lancaster Colony Corp. (NASDAQ:LANC)

Dividend History by Quarter for Lancaster Colony Corp. (NASDAQ:LANC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/25/2017quarterly$0.551.75%6/6/20176/8/20176/30/2017
2/22/2017quarterly$0.551.64%3/7/20173/9/20173/31/2017
11/21/2016quarterly$0.551.58%12/7/201612/9/201612/30/2016
8/17/2016quarterly$0.501.54%9/7/20169/9/20169/30/2016
5/25/2016quarterly$0.501.66%6/7/20166/9/20166/30/2016
2/24/2016quarterly$0.501.93%3/7/20163/9/20163/31/2016
11/16/2015special$5.001.76%12/7/201512/9/201512/31/2015
8/19/2015quarterly$0.461.93%9/4/20159/9/20159/30/2015
5/27/2015quarterly$0.462.01%6/5/20156/9/20156/30/2015
2/25/2015quarterly$0.462.01%3/5/20153/9/20153/31/2015
11/18/2014quarterly$0.461.99%12/4/201412/8/201412/31/2014
8/19/2014quarterly$0.441.89%9/5/20149/9/20149/30/2014
5/28/2014quarterly$0.441.95%6/5/20146/9/20146/30/2014
2/26/2014quarterly$0.441.96%3/5/20143/7/20143/31/2014
11/18/2013quarterly$0.442.11%12/5/201312/9/201312/31/2013
8/22/2013quarterly$0.402.09%9/5/20139/9/20139/30/2013
5/22/2013quarterly$0.401.93%6/6/20136/10/20136/28/2013
2/27/2013quarterly$0.382.08%3/6/20133/8/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Lancaster Colony Corp. (NASDAQ:LANC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Lancaster Colony Corp. (NASDAQ:LANC)
Latest Headlines for Lancaster Colony Corp. (NASDAQ:LANC)
Source:
DateHeadline
streetinsider.com logoLancaster Colony Corp. (LANC) Names David A. Ciesinski as CEO
www.streetinsider.com - May 26 at 7:02 PM
bizjournals.com logoLancaster Colony names Heinz veteran its new CEO
www.bizjournals.com - May 26 at 7:02 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 26 at 11:17 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Rating Increased to Buy at Vertical Research
www.americanbankingnews.com - May 26 at 9:25 AM
finance.yahoo.com logoETFs with exposure to Lancaster Colony Corp. : May 25, 2017
finance.yahoo.com - May 26 at 3:02 AM
finance.yahoo.com logoLancaster Colony Corporation Names David A. Ciesinski Chief Executive Officer
finance.yahoo.com - May 26 at 3:02 AM
seekingalpha.com logoLancaster Colony appoints new CEO
seekingalpha.com - May 25 at 3:40 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) to Issue Quarterly Dividend of $0.55
www.americanbankingnews.com - May 25 at 3:18 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 13 at 7:32 AM
bizjournals.com logoPHOTOS: Unispace gets striking skyline views, more room in move to top of One Columbus
www.bizjournals.com - May 9 at 6:00 PM
finance.yahoo.com logoETFs with exposure to Lancaster Colony Corp. : May 9, 2017
finance.yahoo.com - May 9 at 6:00 PM
finance.yahoo.com logoLancaster Colony Corp. :LANC-US: Earnings Analysis: Q3, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 5:49 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Earns News Impact Rating of -0.29
www.americanbankingnews.com - May 4 at 10:37 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 2 at 12:40 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Somewhat Likely to Impact Lancaster Colony Corp. (LANC) Stock Price
www.americanbankingnews.com - May 1 at 7:32 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Lancaster Colony Corp. (LANC) Issued By Wedbush
www.americanbankingnews.com - May 1 at 9:53 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Releases Quarterly Earnings Results, Misses Expectations By $0.14 EPS
www.americanbankingnews.com - April 29 at 1:29 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS
www.americanbankingnews.com - April 29 at 1:25 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Announces Quarterly Earnings Results, Misses Estimates By $0.14 EPS
www.americanbankingnews.com - April 29 at 1:24 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Given Daily News Impact Score of 0.04
www.americanbankingnews.com - April 28 at 5:45 PM
finance.yahoo.com logoEdited Transcript of LANC earnings conference call or presentation 27-Apr-17 2:00pm GMT
finance.yahoo.com - April 28 at 9:40 AM
reuters.com logoBRIEF-Lancaster Colony Q3 EPS $0.53 including items
www.reuters.com - April 27 at 6:48 PM
rttnews.com logoLancaster Colony Corp Reveals 50% Drop In Q3 Profit
www.rttnews.com - April 27 at 6:48 PM
finance.yahoo.com logoLancaster Colony Reports Third Quarter Sales And Earnings
finance.yahoo.com - April 27 at 9:11 AM
finance.yahoo.com logoLancaster Colony posts 3Q profit
finance.yahoo.com - April 27 at 9:11 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receiving Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 25 at 2:09 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 25 at 9:57 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Rating Reiterated by Wedbush
www.americanbankingnews.com - April 24 at 2:08 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receives Media Sentiment Score of 0.57
www.americanbankingnews.com - April 19 at 10:24 AM
finance.yahoo.com logoLancaster Colony To Webcast Third Quarter Fiscal Year 2017 conference Call
finance.yahoo.com - April 18 at 10:45 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:12 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Earns Daily News Impact Score of 0.20
www.americanbankingnews.com - April 15 at 5:15 PM
americanbankingnews.com logoZacks Investment Research Downgrades Lancaster Colony Corp. (LANC) to Hold
www.americanbankingnews.com - April 14 at 2:04 PM
americanbankingnews.com logo$291.08 Million in Sales Expected for Lancaster Colony Corp. (LANC) This Quarter
www.americanbankingnews.com - April 13 at 1:46 PM
finance.yahoo.com logoHere's Why Investors Are Eyeing Pinnacle Foods (PF)
finance.yahoo.com - April 7 at 10:46 AM
capitalcube.com logoLancaster 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
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - March 31 at 1:56 PM
finance.yahoo.com logoKraft Heinz Introduces Oven Baked Macaroni & Cheese Item
finance.yahoo.com - March 29 at 10:18 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - March 29 at 1:01 AM
bizjournals.com logoPHOTOS: Lancaster Colony consolidates at new Polaris-area HQ
www.bizjournals.com - March 1 at 5:55 PM
nasdaq.com logoNotable Two Hundred Day Moving Average Cross - LANC
www.nasdaq.com - February 28 at 6:21 PM
prnewswire.com logoLancaster Colony Continues Higher Cash Dividend - PR Newswire (press release)
www.prnewswire.com - February 23 at 5:22 AM
finance.yahoo.com logoLancaster Colony Continues Higher Cash Dividend
finance.yahoo.com - February 22 at 6:24 PM
finance.yahoo.com logoLANCASTER COLONY CORP Financials
finance.yahoo.com - February 11 at 6:14 PM
finance.yahoo.com logoYacktman Asset Management Comments on Lancaster Colony
finance.yahoo.com - February 8 at 6:59 PM
biz.yahoo.com logoLANCASTER COLONY CORP Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - February 8 at 5:34 AM
biz.yahoo.com logoQ2 2017 Lancaster Colony Corp Earnings Release - Before Market Open
us.rd.yahoo.com - January 28 at 6:22 PM
us.rd.yahoo.com logoLancaster Colony Reports Second Quarter Sales And Earnings
us.rd.yahoo.com - January 28 at 6:22 PM
us.rd.yahoo.com logo7:23 am Lancaster Colony beats by $0.05, reports revs in-line
us.rd.yahoo.com - January 28 at 6:22 PM
biz.yahoo.com logoLANCASTER COLONY CORP Files SEC form 8-K, Results of Operations and Financial Condition
us.rd.yahoo.com - January 28 at 6:22 PM

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Lancaster Colony Corp. (LANC) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff