NASDAQ:LANCLancaster Colony Stock Price, Forecast & News Adding Choose a 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 Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $153.48 -2.43 (-1.56 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$151.32Now: $153.48▼$159.4050-Day Range$129.10MA: $140.53▼$155.9152-Week Range$114.55Now: $153.48▼$166.31Volume603,200 shsAverage Volume188,245 shsMarket Capitalization$4.22 billionP/E Ratio30.27Dividend Yield1.82%Beta0.18 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Lancaster Colony Corporation manufactures and markets specialty food products for the retail and foodservice markets in the United States. The company operates through two segments, Retail and Foodservice. It offers frozen garlic breads under the New York BRAND Bakery brand; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand name; salad dressings under the Marzetti, Simply Dressed, Simply 60, Cardini's, and Girard's brands; and vegetable dips and fruit dips under the Marzetti brand. The company also provides flatbread wraps and pizza crusts under the Flatout brand; sprouted grain bakery products under the Angelic Bakehouse brand name; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti brands; and frozen pasta under the Marzetti Frozen Pasta brand name. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden's dressings and Buffalo Wild Wings sauces. The company sells its products through sales personnel, food brokers, and distributors to retailers and restaurants. Lancaster Colony Corporation was founded in 1961 and is based in Westerville, Ohio.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingLancaster Colony has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $157.00, Lancaster Colony has a potential upside of 2.3% from its current price of $153.48.Amount of Analyst CoverageLancaster Colony has received no research coverage in the past 90 days. Previous Next 2.5 Community Rank Outperform VotesLancaster Colony has received 375 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLancaster Colony has received 381 “underperform” votes. (Add your “underperform” vote.)Community SentimentLancaster Colony has received 50.40% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Lancaster Colony and other stocks. Vote “Outperform” if you believe LANC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LANC will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipLancaster Colony is a leading dividend payer. It pays a dividend yield of 1.82%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthLancaster Colony has been increasing its dividend for 57 years. Previous Next 1.0 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 InsidersOnly 31.70% of the stock of Lancaster Colony is held by insiders.Percentage Held by Institutions55.32% 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 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Lancaster Colony is 30.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Lancaster Colony is 30.27, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 36.32.Price to Book Value per Share RatioLancaster Colony has a P/B Ratio of 5.46. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 2.5Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.73 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Canned, frozen, & preserved fruits, vegetables, & food special Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:LANC Previous Symbol CUSIP51384710 CIK57515 Webwww.lancastercolony.com Phone614-224-7141Debt Debt-to-Equity Ratio0.02 Current Ratio2.79 Quick Ratio2.08Price-To-Earnings Trailing P/E Ratio30.27 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.31 billion Price / Sales3.23 Cash Flow$6.25 per share Price / Cash Flow24.54 Book Value$28.10 per share Price / Book5.46Profitability EPS (Most Recent Fiscal Year)N/A Net Income$150.55 million Net Margins10.44% Return on Equity17.94% Return on Assets14.10%Miscellaneous Employees3,200 Outstanding Shares27,520,000Market Cap$4.22 billion Next Earnings Date8/25/2020 (Estimated) OptionableOptionable NASDAQ:LANC Rates by TradingView Receive LANC News and Ratings via Email Sign-up to receive the latest news and ratings for LANC and its competitors with MarketBeat's FREE daily newsletter. Lancaster Colony (NASDAQ:LANC) Frequently Asked Questions How has Lancaster Colony's stock been impacted by COVID-19 (Coronavirus)? 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 shares have increased by 6.3% and is now trading at $153.48. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Lancaster Colony? 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. When is Lancaster Colony's next earnings date? Lancaster Colony is scheduled to release its next quarterly earnings announcement on Tuesday, August 25th 2020. View our earnings forecast for Lancaster Colony. How were Lancaster Colony's earnings last quarter? Lancaster Colony Corp. (NASDAQ:LANC) released its quarterly earnings results on Tuesday, May, 5th. The company reported $1.09 EPS for the quarter, meeting 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 business's quarterly revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.11 EPS. View Lancaster Colony's earnings history. How often does Lancaster Colony pay dividends? What is the dividend yield for Lancaster Colony? Lancaster Colony announced a quarterly dividend on Thursday, May 21st. Investors 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 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend is Monday, June 8th. View Lancaster Colony's dividend history. What price target have analysts set for LANC? 3 brokers have issued 1-year target prices for Lancaster Colony's shares. Their forecasts range from $154.00 to $160.00. On average, they anticipate Lancaster Colony's share price to reach $157.00 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View analysts' price targets for Lancaster Colony. Has Lancaster Colony been receiving favorable news coverage? Media headlines about LANC stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Lancaster Colony earned a news sentiment score of -5.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutLancaster Colony. Are investors shorting Lancaster Colony? Lancaster Colony saw a increase in short interest in the month of 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 trading volume of 189,000 shares, the days-to-cover ratio is presently 7.9 days. Currently, 8.4% of the company's shares are short sold. View Lancaster Colony's Current Options Chain. Who are some of Lancaster Colony's key competitors? Some companies that are related to Lancaster Colony include Mondelez International (MDLZ), General Mills (GIS), Hershey (HSY), Hormel Foods (HRL), MCCORMICK & CO /SH (MKC), Kellogg (K), Tyson Foods (TSN), Conagra Brands (CAG), Campbell Soup (CPB), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Flowers Foods (FLO), Seaboard (SEB) and Hain Celestial Group (HAIN). View all competitors. 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 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). Who are Lancaster Colony's key executives? Lancaster Colony's management team includes the following people: Mr. John B. Gerlach Jr., Exec. Chairman (Age 64)Mr. David A. Ciesinski, Pres, CEO & Director (Age 53)Mr. Douglas A. Fell, Transformation Program Officer (Age 57)Mr. David S. Nagle, Sr. VP of Supply Chain - T. Marzetti Company (Age 54)Mr. Thomas K. Pigott, VP, Assistant Sec. & CFO (Age 54) 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 a number of retail and institutional investors. Top institutional investors 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. Which major investors are selling Lancaster Colony stock? 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. Which major investors are buying Lancaster Colony stock? LANC stock was bought 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. How do I buy shares of 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. What is Lancaster Colony's stock price today? One share of LANC stock can currently be purchased for approximately $153.48. How big of a company is Lancaster Colony? Lancaster Colony has a market capitalization of $4.22 billion and generates $1.31 billion in revenue each year. Lancaster Colony employs 3,200 workers across the globe. What is Lancaster Colony's official website? The official website for Lancaster Colony is www.lancastercolony.com. How can I contact Lancaster Colony? 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] This page was last updated on 5/30/2020 by MarketBeat.com Staff
