Positive News Sentiment NASDAQ:LANC Lancaster Colony - LANC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Lancaster Colony Co. Please log in to your account or sign up in order to add this asset to your watchlist. $200.28 -7.54 (-3.63%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$198.66▼$209.1450-Day Range$184.70▼$207.8252-Week Range$116.85▼$214.00Volume234,686 shsAverage Volume147,803 shsMarket Capitalization$5.52 billionP/E Ratio54.13Dividend Yield1.70%Price Target$140.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Lancaster Colony MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside30.1% Downside$140.00 Price TargetShort InterestHealthy4.10% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.89Upright™ Environmental ScoreNews Sentiment1.54Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth29.52%From $5.25 to $6.80 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.49 out of 5 starsConsumer Staples Sector54th out of 136 stocksCanned, Frozen, & Preserved Fruits, Vegetables, & Food Special Industry2nd out of 5 stocks 1.0 Analyst's Opinion Consensus RatingLancaster Colony has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $140.00, Lancaster Colony has a forecasted downside of 30.1% from its current price of $200.28.Amount of Analyst CoverageLancaster Colony has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.10% of the float of Lancaster Colony has been sold short.Short Interest Ratio / Days to CoverLancaster Colony has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in Lancaster Colony has recently decreased by 8.86%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend YieldLancaster Colony pays a meaningful dividend of 1.64%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLancaster Colony has been increasing its dividend for 60 years.Dividend CoverageThe dividend payout ratio of Lancaster Colony is 91.89%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Lancaster Colony will have a dividend payout ratio of 50.00% next year. This indicates that Lancaster Colony will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLancaster Colony has received a 32.76% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Egg noodles", "Prepared vegetable meals", "Unprocessed roe", and "Wheat bread" products. See details.Environmental SustainabilityThe Environmental Impact score for Lancaster Colony is -1.89. Previous Next 3.1 News and Social Media Coverage News SentimentLancaster Colony has a news sentiment score of 1.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Lancaster Colony this week, compared to 2 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lancaster Colony insiders have not sold or bought any company stock.Percentage Held by Insiders29.90% of the stock of Lancaster Colony is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.69% of the stock of Lancaster Colony is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Lancaster Colony are expected to grow by 29.52% in the coming year, from $5.25 to $6.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lancaster Colony is 54.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Lancaster Colony is 54.13, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 19.91.Price to Book Value per Share RatioLancaster Colony has a P/B Ratio of 6.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lancaster Colony (NASDAQ:LANC) StockLancaster Colony Corp. engages in the manufacture and sale of specialty food products. It operates through the following segments: Retail and Foodservice. The Retail and Foodservice segments both focus on the manufacture and sale of frozen breads, refrigerated dressings, dips and shelf-stable dressings, and croutons under the brand names New York BRAND Bakery, Sister Schubert's, Marzetti Frozen Pasta, and Flatout. The company was founded in 1961 and is headquartered in Westerville, OH.Read More Receive LANC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lancaster Colony and its competitors with MarketBeat's FREE daily newsletter. Email Address LANC Stock News HeadlinesMarch 16, 2023 | marketwatch.comDressing Market Outlook and Forecast till 2028March 14, 2023 | finance.yahoo.comReturns On Capital Signal Tricky Times Ahead For Lancaster Colony (NASDAQ:LANC)March 28, 2023 | Tradewins (Ad)Modern Day Options Trading For Beginners!These days it takes more than willpower to succeed on Wall Street and for new traders, even small mistakes can sink an account! With "Your Guide To Successful Options Trading" by expert Wendy Kirkland, you can avoid new trader pitfalls and learn to earn in this vicious market. February 22, 2023 | msn.comLancaster Colony declares $0.85 dividendFebruary 14, 2023 | marketwatch.comLuxury Wax Candles Market Research Report 2023 by Regional Analysis, Industrial Trends, Market Size, Share, Developments and Forecast to 2028February 9, 2023 | msn.comResidents hope Westerville stays 'a city in a park' even with $8.4M development investmentFebruary 8, 2023 | bizjournals.comWesterville ICC to purchase 88 acres for future commercial development near WestarFebruary 7, 2023 | finance.yahoo.comDeclining Stock and Decent Financials: Is The Market Wrong About Lancaster Colony Corporation (NASDAQ:LANC)?March 28, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. 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February 6, 2023 | finance.yahoo.comLancaster Colony Corporation (NASDAQ:LANC) Q2 2023 Earnings Call TranscriptFebruary 2, 2023 | msn.comLancaster Colony GAAP EPS of $1.45 misses by $0.11, revenue of $477.4M beats by $2.42MFebruary 2, 2023 | marketwatch.comLancaster Colony Shares Stumble After 2Q Profit Miss >LANCFebruary 2, 2023 | finance.yahoo.comChick-fil-A and Arby's helping Marzetti owner Lancaster Colony to record salesFebruary 2, 2023 | finanznachrichten.deLancaster Colony Corporation: Lancaster Colony Reports Second Quarter Sales And EarningsFebruary 2, 2023 | finance.yahoo.comLancaster Colony (LANC) Q2 Earnings Lag EstimatesJanuary 24, 2023 | msn.comSix Inland football athletes earn CIF Southern Section player of the year honorsJanuary 24, 2023 | benzinga.comLANCASTER COLONY TO WEBCAST SECOND QUARTER FISCAL YEAR 2023 CONFERENCE CALLJanuary 23, 2023 | marketwatch.comLuxury Wax Candles Market : Analysis, Forecast, Size, New Trends and Insights, Update, COVID-19 ImpactJanuary 20, 2023 | marketwatch.comSalsa Shelf Stable Market 2023 by Industry Growth, Size, Trends, Share, Opportunities and Forecast To 2028January 16, 2023 | msn.comGina Lollobrigida, post WWII Italian film diva, dies at 95January 13, 2023 | marketwatch.comDressing Market Size 2023 With Far-Reaching Scope To Cover All The Potential Segments Selection Every StakeholderJanuary 6, 2023 | seekingalpha.comLancaster Colony: Everything Seems Priced In - Stock Poised For A CorrectionJanuary 5, 2023 | seekingalpha.comLancaster Colony: It's All About MomentumDecember 23, 2022 | marketwatch.comHummus Market Players to drive Merges and Acquisition Strategies to Expand Market Share, 2023-2025December 3, 2022 | finance.yahoo.comThose who invested in Lancaster Colony (NASDAQ:LANC) five years ago are up 71%December 2, 2022 | marketwatch.comSalad Dressing Market 2023 Size Industry, Current Trends, Demand and Size Share Estimation by 2026 with Top Players MarketGrowthReports.comNovember 23, 2022 | msn.comLooking Into Lancaster Colony's Return On Invested CapitalSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LANC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lancaster Colony and its competitors with MarketBeat's FREE daily newsletter. Email Address LANC Company Calendar Ex-Dividend for 12/30 Dividend12/02/2022Dividend Payable12/30/2022Last Earnings2/02/2023Ex-Dividend for 3/31 Dividend3/08/2023Today3/28/2023Dividend Payable3/31/2023Next Earnings (Estimated)5/04/2023Fiscal Year End6/30/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Canned, frozen, & preserved fruits, vegetables, & food special Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:LANC CUSIP51384710 CIK57515 Webwww.lancastercolony.com Phone(614) 224-7141Fax614-469-8219Employees3,200Year Founded1961Price Target and Rating Average Stock Price Forecast$140.00 High Stock Price Forecast$140.00 Low Stock Price Forecast$140.00 Forecasted Upside/Downside-30.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$3.70 Trailing P/E Ratio54.13 Forward P/E Ratio38.15 P/E GrowthN/ANet Income$89.59 million Net Margins5.81% Pretax Margin7.24% Return on Equity14.99% Return on Assets11.51% Debt Debt-to-Equity RatioN/A Current Ratio2.07 Quick Ratio1.30 Sales & Book Value Annual Sales$1.76 billion Price / Sales3.14 Cash Flow$5.68 per share Price / Cash Flow35.23 Book Value$30.69 per share Price / Book6.53Miscellaneous Outstanding Shares27,571,000Free Float19,327,000Market Cap$5.52 billion OptionableOptionable Beta0.20 Social Links Key ExecutivesDavid Alan CiesinskiPresident, Chief Executive Officer & DirectorThomas K. PigottChief Financial Officer & Vice PresidentDale N. GanobsikTreasurer & Vice President-Investor RelationsJanet A. MurchCorporate ControllerMatthew R. ShurteSecretary, Chief Ethics Officer & General CounselKey CompetitorsTreeHouse FoodsNYSE:THSLamb WestonNYSE:LWFlowers FoodsNYSE:FLORHNYSE:RHPilgrim's PrideNASDAQ:PPCView All CompetitorsInsiders & InstitutionsVictory Capital Management Inc.Sold 87,106 shares on 3/10/2023Ownership: 1.148%Teachers Retirement System of The State of KentuckySold 1,528 shares on 2/22/2023Ownership: 0.043%Equitable Trust Co.Bought 84 shares on 2/21/2023Ownership: 0.007%Northwestern Mutual Investment Management Company LLCSold 1,026 shares on 2/21/2023Ownership: 0.007%Truist Financial CorpBought 191 shares on 2/17/2023Ownership: 0.080%View All Insider TransactionsView All Institutional Transactions LANC Stock - Frequently Asked Questions Should I buy or sell Lancaster Colony stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LANC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LANC, but not buy additional shares or sell existing shares. View LANC analyst ratings or view top-rated stocks. What is Lancaster Colony's stock price forecast for 2023? 4 brokers have issued 12 month price objectives for Lancaster Colony's shares. Their LANC share price forecasts range from $140.00 to $140.00. On average, they expect the company's share price to reach $140.00 in the next twelve months. This suggests that the stock has a possible downside of 30.1%. View analysts price targets for LANC or view top-rated stocks among Wall Street analysts. How have LANC shares performed in 2023? Lancaster Colony's stock was trading at $197.30 at the beginning of 2023. Since then, LANC stock has increased by 1.5% and is now trading at $200.28. View the best growth stocks for 2023 here. Are investors shorting Lancaster Colony? Lancaster Colony saw a drop in short interest in the month of March. As of March 15th, there was short interest totaling 764,400 shares, a drop of 8.9% from the February 28th total of 838,700 shares. Based on an average trading volume of 155,800 shares, the short-interest ratio is presently 4.9 days. Currently, 4.1% of the company's stock are short sold. View Lancaster Colony's Short Interest. When is Lancaster Colony's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023. View our LANC earnings forecast. How were Lancaster Colony's earnings last quarter? Lancaster Colony Co. (NASDAQ:LANC) posted its quarterly earnings results on Thursday, February, 2nd. The company reported $1.45 earnings per share for the quarter, missing the consensus estimate of $1.51 by $0.06. The company earned $477.40 million during the quarter, compared to analyst estimates of $474.98 million. Lancaster Colony had a trailing twelve-month return on equity of 14.99% and a net margin of 5.81%. The business's quarterly revenue was up 11.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.25 EPS. How often does Lancaster Colony pay dividends? What is the dividend yield for Lancaster Colony? Lancaster Colony declared a quarterly dividend on Wednesday, February 22nd. Stockholders of record on Thursday, March 9th will be paid a dividend of $0.85 per share on Friday, March 31st. This represents a $3.40 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Wednesday, March 8th. Read our dividend analysis for LANC. What ETFs hold Lancaster Colony's stock? ETFs with the largest weight of Lancaster Colony (NASDAQ:LANC) stock in their portfolio include Leatherback Long/Short Alternative Yield ETF (LBAY), Invesco Dynamic Food & Beverage ETF (PBJ), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), ProShares Russell US Dividend Growers ETF (TMDV), ProShares Russell 2000 Dividend Growers ETF (SMDV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and First Trust Nasdaq Food & Beverage ETF (FTXG). Is Lancaster Colony a good dividend stock? Lancaster Colony (NASDAQ:LANC) pays an annual dividend of $3.40 per share and currently has a dividend yield of 1.66%. The company has been increasing its dividend for 60 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 91.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, LANC will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for LANC. What is Jay Gerlach Jr.'s approval rating as Lancaster Colony's CEO? 2 employees have rated Lancaster Colony Chief Executive Officer Jay Gerlach Jr. on Glassdoor.com. Jay Gerlach Jr. has an approval rating of 100% among the company's employees. This puts Jay Gerlach Jr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Lancaster Colony own? 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). What is Lancaster Colony's stock symbol? Lancaster Colony trades on the NASDAQ under the ticker symbol "LANC." Who are Lancaster Colony's major shareholders? Lancaster Colony's stock is owned by many different retail and institutional investors. Top institutional investors include William Blair Investment Management LLC (2.72%), Silvercrest Asset Management Group LLC (2.08%), Diamond Hill Capital Management Inc. (1.81%), Dimensional Fund Advisors LP (1.76%), Geode Capital Management LLC (1.50%) and First Trust Advisors LP (1.32%). Insiders that own company stock include Alan F Harris, David Alan Ciesinski, David S Nagle, John B Gerlach Jr, K Pigott Thomas and Kristin Bird. View institutional ownership trends. How do I buy shares of Lancaster Colony? Shares of LANC stock 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. Compare Top Brokerages Here. What is Lancaster Colony's stock price today? One share of LANC stock can currently be purchased for approximately $200.28. How much money does Lancaster Colony make? Lancaster Colony (NASDAQ:LANC) has a market capitalization of $5.52 billion and generates $1.76 billion in revenue each year. The company earns $89.59 million in net income (profit) each year or $3.70 on an earnings per share basis. How many employees does Lancaster Colony have? The company employs 3,200 workers across the globe. How can I contact Lancaster Colony? Lancaster Colony's mailing address is 380 POLARIS PARKWAY SUITE 400, WESTERVILLE OH, 43082. The official website for the company is www.lancastercolony.com. The company can be reached via phone at (614) 224-7141, via email at ir@lancastercolony.com, or via fax at 614-469-8219. This page (NASDAQ:LANC) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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