NASDAQ:LANCLancaster Colony Stock Price, Forecast & News

Lancaster Colony's stock was trading at $144.38 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LANC stock has decreased by 1.1% and is now trading at $142.81. View which stocks have been most impacted by Coronavirus.

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.

Lancaster Colony is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Lancaster Colony.

Lancaster Colony Corp. (NASDAQ:LANC) issued its earnings results on Tuesday, May, 5th. The company reported $1.09 EPS for the quarter, hitting analysts' consensus estimates of $1.09. The company had revenue of $321.40 million for the quarter, compared to analyst estimates of $313.90 million. Lancaster Colony had a return on equity of 17.94% and a net margin of 10.44%. The firm's revenue was up 1.1% compared to the same quarter last year. During the same period last year, the firm posted $1.11 EPS. View Lancaster Colony's earnings history.

Lancaster Colony announced a quarterly dividend on Thursday, May 21st. Stockholders of record on Tuesday, June 9th will be given a dividend of $0.70 per share on Tuesday, June 30th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date is Monday, June 8th. View Lancaster Colony's dividend history.

3 brokerages have issued 1 year target prices for Lancaster Colony's shares. Their forecasts range from $154.00 to $160.00. On average, they expect Lancaster Colony's share price to reach $157.00 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View analysts' price targets for Lancaster Colony.

News headlines about LANC stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -2.8 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutLancaster Colony.

Lancaster Colony saw a increase in short interest in April. As of April 30th, there was short interest totaling 1,500,000 shares, an increase of 13.6% from the April 15th total of 1,320,000 shares. Based on an average daily trading volume, of 189,000 shares, the days-to-cover ratio is currently 7.9 days. Approximately 8.4% of the shares of the company are short sold. View Lancaster Colony's Current Options Chain.

Some companies that are related to Lancaster Colony include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Tyson Foods (TSN), Kellogg (K), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB) and Sanderson Farms (SAFM). View all competitors.

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

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

Lancaster Colony's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.28%), State Street Corp (5.51%), Champlain Investment Partners LLC (3.49%), Silvercrest Asset Management Group LLC (1.77%), Invesco Ltd. (1.23%) and Geode Capital Management LLC (1.15%). 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 Invesco Ltd., State Street Corp, AQR Capital Management LLC, UBS Group AG, BlackRock Inc., Principal Financial Group Inc., Wells Fargo & Company MN, and Acadian Asset Management LLC. View insider buying and selling activity for Lancaster Colony.

LANC stock was acquired by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, GW&K Investment Management LLC, Silvercrest Asset Management Group LLC, Eagle Asset Management Inc., Boston Trust Walden Corp, Fisher Asset Management LLC, Geode Capital Management LLC, and Aperio Group LLC. View insider buying and selling activity 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 $142.81.

Lancaster Colony has a market capitalization of $3.93 billion and generates $1.31 billion in revenue each year. Lancaster Colony employs 3,200 workers across the globe.

The official website for Lancaster Colony is www.lancastercolony.com.

Lancaster Colony's mailing address is 380 POLARIS PARKWAY SUITE 400, WESTERVILLE OH, 43082. The company can be reached via phone at 614-224-7141 or via email at [email protected]