NASDAQ:LANC - Lancaster Colony Stock Price, News, & Analysis

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$159.54 +0.56 (+0.35 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$158.98
Today's Range$158.72 - $161.48
52-Week Range$115.81 - $194.38
Volume171,300 shs
Average Volume185,294 shs
Market Capitalization$4.39 billion
P/E Ratio31.20
Dividend Yield1.64%
Beta0.33
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.

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Industry, Sector and Symbol

Industry Canned, frozen, & preserved fruits, vegetables, & food special
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
Current SymbolNASDAQ:LANC
CUSIP51384710
Phone614-224-7141

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.22 billion
Cash Flow$5.6058 per share
Book Value$25.62 per share

Profitability

Net Income$135.31 million

Miscellaneous

Employees2,900
Market Cap$4.39 billion
OptionableOptionable

Lancaster Colony (NASDAQ:LANC) Frequently Asked Questions

What is Lancaster Colony's stock symbol?

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

How often does Lancaster Colony pay dividends? What is the dividend yield for Lancaster Colony?

Lancaster Colony announced a quarterly dividend on Wednesday, November 14th. Stockholders of record on Friday, December 7th will be given a dividend of $0.65 per share on Friday, December 28th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Thursday, December 6th. This is an increase from Lancaster Colony's previous quarterly dividend of $0.60. View Lancaster Colony's Dividend History.

How were Lancaster Colony's earnings last quarter?

Lancaster Colony Corp. (NASDAQ:LANC) announced its earnings results on Thursday, January, 31st. The company reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.48 by $0.01. The business had revenue of $349.58 million for the quarter. Lancaster Colony had a return on equity of 20.95% and a net margin of 11.56%. View Lancaster Colony's Earnings History.

When is Lancaster Colony's next earnings date?

Lancaster Colony is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Lancaster Colony.

What price target have analysts set for LANC?

2 brokers have issued 1-year price objectives for Lancaster Colony's stock. Their forecasts range from $150.00 to $150.00. On average, they expect Lancaster Colony's share price to reach $150.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for Lancaster Colony.

What is the consensus analysts' recommendation for Lancaster Colony?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Lancaster Colony.

Has Lancaster Colony been receiving favorable news coverage?

News stories about LANC stock have trended somewhat positive this week, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Lancaster Colony earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave headlines about the company a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting Lancaster Colony?

Lancaster Colony saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 920,437 shares, an increase of 31.5% from the December 31st total of 699,965 shares. Based on an average trading volume of 178,089 shares, the days-to-cover ratio is presently 5.2 days. Currently, 4.9% of the shares of the stock are short sold. View Lancaster Colony's Current Options Chain.

Who are some of Lancaster Colony's key competitors?

Who are Lancaster Colony's key executives?

Lancaster Colony's management team includes the folowing people:
  • Mr. John B. Gerlach Jr., Exec. Chairman (Age 64)
  • Mr. David A. Ciesinski, Pres, CEO & Director (Age 53)
  • Mr. Douglas A. Fell, CFO, VP, & Assistant Sec. (Age 57)
  • Mr. David S. Nagle, Sr. VP of Supply Chain - T. Marzetti Company (Age 54)
  • Dale N. Ganobsik, VP of Investor Relations & Treasurer

Who are Lancaster Colony's major shareholders?

Lancaster Colony's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.11%), Dimensional Fund Advisors LP (1.88%), Fisher Asset Management LLC (1.50%), Robeco Institutional Asset Management B.V. (1.25%), Northern Trust Corp (1.17%) and Bank of New York Mellon Corp (0.96%). Company insiders that own Lancaster Colony stock include Douglas A Fell and Timothy A Tate. View Institutional Ownership Trends for Lancaster Colony.

Which institutional investors are selling Lancaster Colony stock?

LANC stock was sold by a variety of institutional investors in the last quarter, including Segall Bryant & Hamill LLC, Atlanta Capital Management Co. L L C, Royce & Associates LP, Bank of America Corp DE, Bank of New York Mellon Corp, First Trust Advisors LP, Northern Trust Corp and Public Employees Retirement System of Ohio. Company insiders that have sold Lancaster Colony company stock in the last year include Douglas A Fell and Timothy A Tate. View Insider Buying and Selling for Lancaster Colony.

Which institutional investors are buying Lancaster Colony stock?

LANC stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Victory Capital Management Inc., Acadian Asset Management LLC, BlackRock Inc., Rhumbline Advisers, Chicago Equity Partners LLC, Prudential Financial Inc. and Geode Capital Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Lancaster Colony's stock price today?

One share of LANC stock can currently be purchased for approximately $159.54.

How big of a company is Lancaster Colony?

Lancaster Colony has a market capitalization of $4.39 billion and generates $1.22 billion in revenue each year. Lancaster Colony employs 2,900 workers across the globe.

What is Lancaster Colony's official website?

The official website for Lancaster Colony is http://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]


MarketBeat Community Rating for Lancaster Colony (NASDAQ LANC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  293 (Vote Outperform)
Underperform Votes:  300 (Vote Underperform)
Total Votes:  593
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.
This page was last updated on 2/16/2019 by MarketBeat.com Staff

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