NASDAQ:LANC - Lancaster Colony Stock Price, Forecast & News

Lancaster Colony trades on the NASDAQ under the ticker symbol "LANC."

Lancaster Colony declared a quarterly dividend on Wednesday, November 13th. Shareholders of record on Friday, December 6th will be given a dividend of $0.70 per share on Tuesday, December 31st. This represents a $2.80 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Thursday, December 5th. This is a boost from Lancaster Colony's previous quarterly dividend of $0.65. View Lancaster Colony's Dividend History.

Lancaster Colony Corp. (NASDAQ:LANC) announced its earnings results on Tuesday, February, 4th. The company reported $1.72 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.54 by $0.18. The company had revenue of $355.10 million for the quarter, compared to analysts' expectations of $365.51 million. The company's revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.73 EPS. View Lancaster Colony's Earnings History.

Lancaster Colony is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Lancaster Colony.

3 brokerages have issued 1-year target prices for Lancaster Colony's stock. Their forecasts range from $154.00 to $160.00. On average, they expect Lancaster Colony's stock price to reach $157.00 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View Analyst Price Targets for Lancaster Colony.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lancaster Colony.

Media coverage about LANC stock has trended neutral on Sunday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lancaster Colony earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Lancaster Colony.

Some companies that are related to Lancaster Colony include Seaboard (SEB), Dean Foods (DF), Annies (BNNY), B&G Foods (BGS), Calavo Growers (CVGW), Cal-Maine Foods (CALM), Campbell Soup (CPB), Conagra Brands (CAG), Farmer Bros (FARM), Flowers Foods (FLO), General Mills (GIS), Hain Celestial Group (HAIN), Hershey (HSY), Hormel Foods (HRL) and J & J Snack Foods (JJSF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lancaster Colony investors own include AFLAC (AFL), MSA Safety (MSA), SYSCO (SYY), PepsiCo (PEP), Hormel Foods (HRL), Lowe's Companies (LOW), Automatic Data Processing (ADP), Ecolab (ECL), Illinois Tool Works (ITW) and Medtronic (MDT).

Lancaster Colony's stock is owned by a number of of institutional and retail investors. Top institutional investors include State Street Corp (6.51%), Champlain Investment Partners LLC (2.79%), Renaissance Technologies LLC (2.11%), Bank of New York Mellon Corp (1.00%), Charles Schwab Investment Management Inc. (0.77%) and ProShare Advisors LLC (0.71%). Company insiders that own Lancaster Colony stock include Douglas A Fell, Neeli Bendapudi and Timothy A Tate. View Institutional Ownership Trends for Lancaster Colony.

LANC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, AQR Capital Management LLC, Schroder Investment Management Group, PNC Financial Services Group Inc., Acadian Asset Management LLC, Robeco Institutional Asset Management B.V., FMR LLC and SG Americas Securities LLC. View Insider Buying and Selling for Lancaster Colony.

LANC stock was purchased by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, State Street Corp, ProShare Advisors LLC, UBS Group AG, Boston Trust Walden Corp, Eaton Vance Management, Victory Capital Management Inc. and Maverick Capital Ltd.. View Insider Buying and Selling for Lancaster Colony.

Shares of LANC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LANC stock can currently be purchased for approximately $153.55.