Lancaster Colony Corporation Company Profile (NASDAQ:LANC)

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

Lancaster Colony Corporation announced 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 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Tuesday, June 6th. View Lancaster Colony Corporation's Dividend History.

Lancaster Colony Corporation (NASDAQ:LANC) released its quarterly earnings data on Thursday, August, 18th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.03 by $0.09. The firm earned $284.50 million during the quarter, compared to the consensus estimate of $291.72 million. Lancaster Colony Corporation had a return on equity of 23.80% and a net margin of 9.82%. The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. View Lancaster Colony Corporation's Earnings History.

Lancaster Colony Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, August, 16th 2017. View Earnings Estimates for Lancaster Colony Corporation.

6 brokers have issued 12 month target prices for Lancaster Colony Corporation's stock. Their predictions range from $128.00 to $160.00. On average, they anticipate Lancaster Colony Corporation's share price to reach $148.00 in the next twelve months. View Analyst Ratings for Lancaster Colony Corporation.

Here are some recent quotes from research analysts about Lancaster Colony Corporation 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. " (7/5/2017)
• 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)

Some companies that are related to Lancaster Colony Corporation include Lamb Weston Holdings (LW), Pilgrim's Pride Corporation (PPC), Post Holdings (POST), Compania Cervecerias Unidas, S.A. (CCU), Treehouse Foods (THS), The Hain Celestial Group (HAIN), Blue Buffalo Pet Products (BUFF), Energizer Holdings (EPC), Tate & Lyle PLC (TATYY), Flowers Foods (FLO), Snyder's-Lance (LNCE), Nu Skin Enterprises (NUS), New York Times Company (The) (NYT), John Wiley & Sons (JW.A), Tupperware Brands Corporation (TUP), 51job (JOBS), Sanderson Farms (SAFM) and Energizer Holdings (ENR).

Lancaster Colony Corporation's management team includes the folowing people:

• John B. Gerlach Jr., Executive Chairman of the Board
• David A. Ciesinski, President, , Chief Compliance Officer, Director
• Douglas A. Fell, Chief Financial Officer, Vice President, Treasurer, Assistant Secretary
• James B. Bachmann, Lead Independent Director
• Neeli Bendapudi, Independent Director
• William H. Carter, Independent Director
• Kenneth L. Cooke, Independent Director
• Robert L. Fox, Independent Director

Lancaster Colony Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.47%), Public Employees Retirement Association of Colorado (0.51%), Aperio Group LLC (0.27%), Bank of Montreal Can (0.19%), Russell Investments Group Ltd. (0.09%) and Acadian Asset Management LLC (0.07%). View Institutional Ownership Trends for Lancaster Colony Corporation.

Lancaster Colony Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Aperio Group LLC, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, US Bancorp DE, Fisher Asset Management LLC and Park National Corp OH. View Insider Buying and Selling for Lancaster Colony Corporation.

Lancaster Colony Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, ING Groep NV, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Louisiana State Employees Retirement System, Strs Ohio, State Treasurer State of Michigan and Capstone Asset Management Co.. View Insider Buying and Selling for Lancaster Colony Corporation.

Shares of Lancaster Colony Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Lancaster Colony Corporation stock can currently be purchased for approximately $125.59.