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S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Can Carnival Cruise Lines Set Sail For New Highs? 
Modern Day Options Trading For Beginners! (Ad)pixel
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Modern Day Options Trading For Beginners! (Ad)pixel
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
3 Small Financial Software Makers Showing Strong Chart Action
Modern Day Options Trading For Beginners! (Ad)pixel
Finland's NATO membership: What's next?
Will Investors Lose Their Shirts Chasing Gap's 6.8% Dividend?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Can Carnival Cruise Lines Set Sail For New Highs? 
Modern Day Options Trading For Beginners! (Ad)pixel
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Modern Day Options Trading For Beginners! (Ad)pixel
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
3 Small Financial Software Makers Showing Strong Chart Action
Modern Day Options Trading For Beginners! (Ad)pixel
Finland's NATO membership: What's next?
Will Investors Lose Their Shirts Chasing Gap's 6.8% Dividend?
S&P 500   3,977.53
DOW   32,432.08
QQQ   308.76
Can Carnival Cruise Lines Set Sail For New Highs? 
Modern Day Options Trading For Beginners! (Ad)pixel
BioNTech Is Ripe For A Rebound In 2023 
If Safety is Your Concern, Then Take a Look at Sandy Spring Bank
Modern Day Options Trading For Beginners! (Ad)pixel
Sanofi, Regeneron Shares Pop On Big News About COPD Treatment
3 Small Financial Software Makers Showing Strong Chart Action
Modern Day Options Trading For Beginners! (Ad)pixel
Finland's NATO membership: What's next?
Will Investors Lose Their Shirts Chasing Gap's 6.8% Dividend?

Lancaster Colony - LANC Stock Forecast, Price & News

$200.28
-7.54 (-3.63%)
(As of 03/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$198.66
$209.14
50-Day Range
$184.70
$207.82
52-Week Range
$116.85
$214.00
Volume
234,686 shs
Average Volume
147,803 shs
Market Capitalization
$5.52 billion
P/E Ratio
54.13
Dividend Yield
1.70%
Price Target
$140.00

Lancaster Colony MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
30.1% Downside
$140.00 Price Target
Short Interest
Healthy
4.10% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.89
Upright™ Environmental Score
News Sentiment
1.54mentions of Lancaster Colony in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
29.52%
From $5.25 to $6.80 Per Share

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 stars

Consumer Staples Sector

54th out of 136 stocks

Canned, Frozen, & Preserved Fruits, Vegetables, & Food Special Industry

2nd out of 5 stocks


LANC stock logo

About Lancaster Colony (NASDAQ:LANC) Stock

Lancaster 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.

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LANC Stock News Headlines

Dressing Market Outlook and Forecast till 2028
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Lancaster Colony declares $0.85 dividend
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Lancaster Colony (LANC) Q2 Earnings Lag Estimates
Lancaster Colony: It's All About Momentum
See More Headlines
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LANC Company Calendar

Ex-Dividend for 12/30 Dividend
12/02/2022
Dividend Payable
12/30/2022
Last Earnings
2/02/2023
Ex-Dividend for 3/31 Dividend
3/08/2023
Today
3/28/2023
Dividend Payable
3/31/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Canned, frozen, & preserved fruits, vegetables, & food special
Sub-Industry
Packaged Foods & Meats
Current Symbol
NASDAQ:LANC
CUSIP
51384710
Employees
3,200
Year Founded
1961

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$89.59 million
Pretax Margin
7.24%

Debt

Sales & Book Value

Annual Sales
$1.76 billion
Cash Flow
$5.68 per share
Book Value
$30.69 per share

Miscellaneous

Free Float
19,327,000
Market Cap
$5.52 billion
Optionable
Optionable
Beta
0.20

Social Links


Key Executives

  • David Alan Ciesinski
    President, Chief Executive Officer & Director
  • Thomas K. Pigott
    Chief Financial Officer & Vice President
  • Dale N. Ganobsik
    Treasurer & Vice President-Investor Relations
  • Janet A. Murch
    Corporate Controller
  • Matthew R. Shurte
    Secretary, Chief Ethics Officer & General Counsel













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
.

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