Lancaster Colony Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Lancaster Colony stock.
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Lancaster Colony is scheduled to release its next quarterly earnings announcement on Thursday, August 26th 2021.
View our earnings forecast for Lancaster Colony.

Lancaster Colony Co. (NASDAQ:LANC) posted its quarterly earnings results on Tuesday, May, 4th. The company reported $1.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by $0.21. The business had revenue of $357.25 million for the quarter, compared to analyst estimates of $337.65 million. Lancaster Colony had a net margin of 10.05% and a trailing twelve-month return on equity of 17.74%. The business's quarterly revenue was up 11.2% compared to the same quarter last year. During the same period last year, the company earned $0.96 earnings per share.
View Lancaster Colony's earnings history.

Lancaster Colony's stock was trading at $144.38 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LANC shares have increased by 37.0% and is now trading at $197.76.
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Lancaster Colony announced a quarterly dividend on Friday, May 21st. Investors of record on Wednesday, June 9th will be given a dividend of $0.75 per share on Wednesday, June 30th. This represents a $3.00 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend is Tuesday, June 8th.
View Lancaster Colony's dividend history.

Lancaster Colony pays an annual dividend of $3.00 per share and currently has a dividend yield of 1.52%. Lancaster Colony has been increasing its dividend for 26 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lancaster Colony is 60.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lancaster Colony will have a dividend payout ratio of 48.08% next year. This indicates that Lancaster Colony will be able to sustain or increase its dividend.
View Lancaster Colony's dividend history.

2 equities research analysts have issued twelve-month price objectives for Lancaster Colony's stock. Their forecasts range from $205.00 to $205.00. On average, they anticipate Lancaster Colony's share price to reach $205.00 in the next year. This suggests a possible upside of 3.7% from the stock's current price.
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2 employees have rated Lancaster Colony CEO Jay Gerlach Jr. on Glassdoor.com. Jay Gerlach Jr. has an approval rating of 100% among Lancaster Colony's employees. This puts Jay Gerlach Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Lancaster Colony include Mondelez International (MDLZ), The Hershey (HSY), General Mills (GIS), Tyson Foods (TSN), Hormel Foods (HRL), McCormick & Company, Incorporated (MKC), Kellogg (K), Conagra Brands (CAG), The J. M. Smucker (SJM), Campbell Soup (CPB), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB) and Sanderson Farms (SAFM).
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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 (BDX) and Ecolab (ECL).

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

Lancaster Colony's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Welch & Forbes LLC (0.33%), Oregon Public Employees Retirement Fund (0.02%), New Mexico Educational Retirement Board (0.01%) and Sequoia Financial Advisors LLC (0.01%). Company insiders that own Lancaster Colony stock include David S Nagle, John B Gerlach Jr and Neeli Bendapudi.
View institutional ownership trends for Lancaster Colony.

LANC stock was sold by a variety of institutional investors in the last quarter, including Sequoia Financial Advisors LLC. Company insiders that have sold Lancaster Colony company stock in the last year include David S Nagle, and John B Gerlach Jr.
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LANC stock was purchased by a variety of institutional investors in the last quarter, including New Mexico Educational Retirement Board, Welch & Forbes LLC, and Oregon Public Employees Retirement Fund.
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Shares of LANC 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.
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One share of LANC stock can currently be purchased for approximately $197.76.

Lancaster Colony has a market capitalization of $5.45 billion and generates $1.33 billion in revenue each year. The company earns $136.98 million in net income (profit) each year or $4.93 on an earnings per share basis.

Lancaster Colony employs 3,200 workers across the globe.

Lancaster Colony was founded in 1961.

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

Lancaster Colony is headquartered at 380 POLARIS PARKWAY SUITE 400, WESTERVILLE OH, 43082.

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]