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 Wednesday, August 16th. Investors of record on Friday, September 8th will be paid a dividend of $0.55 per share on Friday, September 29th. This represents a $2.20 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, September 7th. View Lancaster Colony Corporation's Dividend History.

Lancaster Colony Corporation (NASDAQ:LANC) announced its quarterly earnings data on Thursday, August, 17th. The company reported $1.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.12 by $0.08. The business had revenue of $289.90 million for the quarter, compared to analysts' expectations of $295.05 million. Lancaster Colony Corporation had a net margin of 9.59% and a return on equity of 22.76%. Lancaster Colony Corporation's revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.12 earnings per share. View Lancaster Colony Corporation's Earnings History.

Lancaster Colony Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Lancaster Colony Corporation.

5 equities research analysts have issued 1-year price targets for Lancaster Colony Corporation's stock. Their predictions range from $146.00 to $160.00. On average, they expect Lancaster Colony Corporation's stock price to reach $154.67 in the next year. 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 Service Corporation International (SCI), Spectrum Brands Holdings (SPB), Glanbia Plc ADR (GLAPY), Blue Buffalo Pet Products (BUFF), Post Holdings (POST), Compania Cervecerias Unidas, S.A. (CCU), Coca-Cola Amatil (CCLAY), National Beverage Corp. (FIZZ), Flowers Foods (FLO), The Hain Celestial Group (HAIN), Tate & Lyle PLC (TATYY), Treehouse Foods (THS), 51job (JOBS), Energizer Holdings (EPC), Snyder's-Lance (LNCE), Sanderson Farms (SAFM), Nu Skin Enterprises (NUS) and HRG Group (HRG).

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 investors include Fisher Asset Management LLC (1.53%), Assenagon Asset Management S.A. (0.10%), Shell Asset Management Co. (0.05%), Park National Corp OH (0.05%) and State Treasurer State of Michigan (0.03%). 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 Park National Corp OH and State Treasurer State of Michigan. 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 Assenagon Asset Management S.A., Fisher Asset Management LLC and Shell 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 $119.58.