Lancaster Colony Corporation Company Profile (NASDAQ:LANC)

About Lancaster Colony Corporation (NASDAQ:LANC)

Lancaster Colony Corporation logoLancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. The Company's food products include Salad dressings and sauces, Vegetable dips and fruit dips, Frozen garlic breads, Frozen Parkerhouse style yeast rolls and dinner rolls, Premium dry egg noodles, Frozen specialty noodles, Croutons and salad toppings, Flatbread wraps and pizza crusts, and Caviar. Its brands include Marzetti, Marzetti Simply Dressed, Cardini's, Girard's, Katherine's Kitchen, New York BRAND Bakery, Mamma Bella's, Sister Schubert's, Mary B's, Inn Maid, Amish Kitchen, Reames, Aunt Vi's, Flatout and Romanoff. It manufactures and sells other products pursuant to brand license agreements, including Olive Garden dressing, Jack Daniel's mustards and Hungry Girl flatbreads. A portion of its sales are dressing packets, frozen specialty noodles, pasta and flatbreads sold to industrial customers for use as ingredients or components in their products.

Industry, Sector and Symbol:
  • Sector: Consumer Staples
  • Industry: Food Ingredients
  • Sub-Industry: Packaged Foods & Meats
  • Symbol: NASDAQ:LANC
  • CUSIP: 51384710
  • Web: www.lancastercolony.com
Capitalization:
  • Market Cap: $3.45 billion
  • Outstanding Shares: 27,443,000
Average Prices:
  • 50 Day Moving Avg: $124.46
  • 200 Day Moving Avg: $128.59
  • 52 Week Range: $117.50 - $149.30
P/E:
  • Trailing P/E Ratio: 29.51
  • Foreward P/E Ratio: 25.37
  • P/E Growth: 8.85
Sales & Book Value:
  • Annual Revenue: $1.2 billion
  • Price / Sales: 2.87
  • Book Value: $20.38 per share
  • Price / Book: 6.16
Dividend:
  • Annual Dividend: $2.20
  • Dividend Yield: 1.7%
Profitability:
  • EBIDTA: $221.45 million
  • Net Margins: 9.82%
  • Return on Equity: 23.80%
  • Return on Assets: 19.01%
Debt:
  • Current Ratio: 3.20%
  • Quick Ratio: 2.34%
Misc:
  • Average Volume: 118,924 shs.
  • Beta: 1.02
  • Short Ratio: 2.4
 
Frequently Asked Questions for Lancaster Colony Corporation (NASDAQ:LANC)

What is Lancaster Colony Corporation's stock symbol?

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

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

Lancaster Colony Corporation announced a quarterly dividend on Thursday, May 25th. Stockholders of record on Thursday, June 8th will be paid a dividend of $0.55 per share on Friday, June 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Tuesday, June 6th. View Lancaster Colony Corporation's Dividend History.

How were Lancaster Colony Corporation's earnings last quarter?

Lancaster Colony Corporation (NASDAQ:LANC) released its quarterly earnings data on Thursday, August, 18th. The company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.03 by $0.09. The firm earned $284.50 million during the quarter, compared to the consensus estimate of $291.72 million. Lancaster Colony Corporation had a return on equity of 23.80% and a net margin of 9.82%. The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.93 earnings per share. View Lancaster Colony Corporation's Earnings History.

When will Lancaster Colony Corporation make its next earnings announcement?

Lancaster Colony Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, August, 16th 2017. View Earnings Estimates for Lancaster Colony Corporation.

Where is Lancaster Colony Corporation's stock going? Where will Lancaster Colony Corporation's stock price be in 2017?

6 brokers have issued 12 month target prices for Lancaster Colony Corporation's stock. Their predictions range from $128.00 to $160.00. On average, they anticipate Lancaster Colony Corporation's share price to reach $148.00 in the next twelve months. View Analyst Ratings for Lancaster Colony Corporation.

What are analysts saying about Lancaster Colony Corporation stock?

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)

Who are some of Lancaster Colony Corporation's key competitors?

Who are Lancaster Colony Corporation's key executives?

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

Who owns Lancaster Colony Corporation stock?

Lancaster Colony Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.47%), Public Employees Retirement Association of Colorado (0.51%), Aperio Group LLC (0.27%), Bank of Montreal Can (0.19%), Russell Investments Group Ltd. (0.09%) and Acadian Asset Management LLC (0.07%). View Institutional Ownership Trends for Lancaster Colony Corporation.

Who sold Lancaster Colony Corporation stock? Who is selling Lancaster Colony Corporation stock?

Lancaster Colony Corporation's stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Aperio Group LLC, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, US Bancorp DE, Fisher Asset Management LLC and Park National Corp OH. View Insider Buying and Selling for Lancaster Colony Corporation.

Who bought Lancaster Colony Corporation stock? Who is buying Lancaster Colony Corporation stock?

Lancaster Colony Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Bank of Montreal Can, ING Groep NV, Oregon Public Employees Retirement Fund, LS Investment Advisors LLC, Louisiana State Employees Retirement System, Strs Ohio, State Treasurer State of Michigan and Capstone Asset Management Co.. View Insider Buying and Selling for Lancaster Colony Corporation.

How do I buy Lancaster Colony Corporation stock?

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.

What is Lancaster Colony Corporation's stock price today?

One share of Lancaster Colony Corporation stock can currently be purchased for approximately $125.59.


MarketBeat Community Rating for Lancaster Colony Corporation (NASDAQ LANC)
Community Ranking:  1.7 out of 5 ()
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  101 (Vote Underperform)
Total Votes:  151
MarketBeat's community ratings are surveys of what our community members think about Lancaster Colony Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Lancaster Colony Corporation (NASDAQ:LANC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $148.00 (17.84% upside)

Analysts' Ratings History for Lancaster Colony Corporation (NASDAQ:LANC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/30/2017Vertical GroupUpgradeHold -> Buy$123.00 -> $146.00LowView Rating Details
5/26/2017Vertical ResearchUpgradeHold -> BuyHighView Rating Details
4/24/2017WedbushReiterated RatingOutperform$160.00LowView Rating Details
1/30/2017CL KingInitiated CoverageBuy$158.00N/AView Rating Details
11/4/2016Longbow ResearchInitiated CoverageNeutralN/AView Rating Details
8/8/2016DA DavidsonBoost Price TargetNeutral$120.00 -> $128.00N/AView Rating Details
5/9/2016BB&T CorporationDowngradeBuy -> HoldN/AView Rating Details
(Data available from 7/27/2015 forward)

Earnings

Earnings History for Lancaster Colony Corporation (NASDAQ:LANC)
Earnings by Quarter for Lancaster Colony Corporation (NASDAQ:LANC)
Earnings History by Quarter for Lancaster Colony Corporation (NASDAQ LANC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/16/2017$1.12N/AView Earnings Details
4/27/2017Q3 2017$1.09$0.95$286.37 million$293.83 millionViewN/AView Earnings Details
1/26/2017Q217$1.36$1.42$329.66 million$326.80 millionViewN/AView Earnings Details
10/27/2016Q117$1.12$1.22$304.30 million$294.10 millionViewListenView Earnings Details
8/18/2016Q416$1.03$1.12$291.72 million$284.50 millionViewListenView Earnings Details
4/28/2016Q316$0.83$1.06$278.49 million$287.80 millionViewListenView Earnings Details
1/28/2016Q216$1.35$1.25$332.20 million$324.30 millionViewListenView Earnings Details
10/29/2015Q116$0.91$1.01$278.70 million$294.10 millionViewListenView Earnings Details
8/20/2015Q415$0.85$0.93$275.52 million$277.70 millionViewListenView Earnings Details
4/30/2015Q315$0.74$0.75$256.50 million$263.40 millionViewListenView Earnings Details
1/29/2015Q215$1.28$1.20$300.50 million$303.40 millionViewListenView Earnings Details
10/30/2014Q115$0.83$0.83$259.00 million$260.00 millionViewListenView Earnings Details
8/21/2014Q414$0.99$0.76$257.00 million$259.00 millionViewListenView Earnings Details
5/1/2014Q314$0.84$0.69$250.33 million$242.00 millionViewListenView Earnings Details
1/31/2014Q214$1.22$1.44$326.43 million$336.00 millionViewListenView Earnings Details
10/31/2013Q114$0.94$0.91$282.93 million$286.00 millionViewListenView Earnings Details
8/22/2013Q4 2013$0.94$0.93$282.93 million$269.00 millionViewListenView Earnings Details
4/25/2013Q3 2013$0.81$0.80$279.50 million$279.51 millionViewListenView Earnings Details
1/31/2013Q2 2013$1.25$1.28$329.77 million$326.00 millionViewListenView Earnings Details
10/25/2012$0.94$0.98ViewN/AView Earnings Details
8/23/2012Q412$0.79$0.95$263.07 million$274.00 millionViewN/AView Earnings Details
4/26/2012$0.76$0.67ViewN/AView Earnings Details
1/26/2012$1.14$1.11ViewN/AView Earnings Details
10/27/2011$0.77$0.78ViewN/AView Earnings Details
8/18/2011$0.80$0.74ViewN/AView Earnings Details
4/28/2011$0.80$0.71ViewN/AView Earnings Details
1/27/2011$1.09$1.23ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Lancaster Colony Corporation (NASDAQ:LANC)
2017 EPS Consensus Estimate: $4.71
2018 EPS Consensus Estimate: $4.88
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.13$1.14$1.14
Q2 20172$1.34$1.36$1.35
Q3 20172$1.06$1.08$1.07
Q4 20172$1.13$1.17$1.15
Q1 20182$1.17$1.25$1.21
Q2 20182$1.38$1.44$1.41
Q3 20182$1.00$1.11$1.06
Q4 20182$1.19$1.22$1.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lancaster Colony Corporation (NASDAQ:LANC)
Most Recent Dividend:6/30/2017
Annual Dividend:$2.20
Dividend Yield:1.75%
Dividend Growth:-1.50% (3 Year Average)
Payout Ratio:51.28% (Trailing 12 Months of Earnings)
46.81% (Based on This Year's Estimates)
44.44% (Based on Next Year's Estimates)
Track Record:54 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Lancaster Colony Corporation (NASDAQ:LANC)

Dividend History by Quarter for Lancaster Colony Corporation (NASDAQ LANC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/25/2017quarterly$0.551.75%6/6/20176/8/20176/30/2017
2/22/2017quarterly$0.551.64%3/7/20173/9/20173/31/2017
11/21/2016quarterly$0.551.58%12/7/201612/9/201612/30/2016
8/17/2016quarterly$0.501.54%9/7/20169/9/20169/30/2016
5/25/2016quarterly$0.501.66%6/7/20166/9/20166/30/2016
2/24/2016quarterly$0.501.93%3/7/20163/9/20163/31/2016
11/16/2015special$5.001.76%12/7/201512/9/201512/31/2015
8/19/2015quarterly$0.461.93%9/4/20159/9/20159/30/2015
5/27/2015quarterly$0.462.01%6/5/20156/9/20156/30/2015
2/25/2015quarterly$0.462.01%3/5/20153/9/20153/31/2015
11/18/2014quarterly$0.461.99%12/4/201412/8/201412/31/2014
8/19/2014quarterly$0.441.89%9/5/20149/9/20149/30/2014
5/28/2014quarterly$0.441.95%6/5/20146/9/20146/30/2014
2/26/2014quarterly$0.441.96%3/5/20143/7/20143/31/2014
11/18/2013quarterly$0.442.11%12/5/201312/9/201312/31/2013
8/22/2013quarterly$0.402.09%9/5/20139/9/20139/30/2013
5/22/2013quarterly$0.401.93%6/6/20136/10/20136/28/2013
2/27/2013quarterly$0.382.08%3/6/20133/8/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Lancaster Colony Corporation (NASDAQ:LANC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Lancaster Colony Corporation (NASDAQ:LANC)
Latest Headlines for Lancaster Colony Corporation (NASDAQ:LANC)
Source:
DateHeadline
finance.yahoo.com logoLancaster Colony Corp. breached its 50 day moving average in a Bullish Manner : LANC-US : July 20, 2017
finance.yahoo.com - July 21 at 1:09 AM
americanbankingnews.com logoContrasting Lancaster Colony Corporation (NASDAQ:LANC) and Internationa Flavors & Fragrances (IFF)
www.americanbankingnews.com - July 19 at 4:12 PM
finance.yahoo.com logoWondering What's for Dinner? T. Marzetti Company Has The Answer
finance.yahoo.com - July 18 at 4:31 PM
americanbankingnews.com logoLancaster Colony Corporation (LANC) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - July 17 at 11:46 AM
investorplace.com logoLancaster Colony Corp. (LANC) – A Small Cap Dividend Giant
investorplace.com - July 13 at 10:09 AM
bizjournals.com logoBakery acquired by Lancaster Colony doubling in size, adding 50 jobs
www.bizjournals.com - June 21 at 4:02 PM
finance.yahoo.com logoLancaster Colony Corp. – Value Analysis (NASDAQ:LANC) : June 20, 2017
finance.yahoo.com - June 20 at 7:12 PM
americanbankingnews.com logoLancaster Colony Corporation (LANC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 20 at 8:20 AM
finance.yahoo.com logoLancaster Colony Corp. breached its 50 day moving average in a Bearish Manner : LANC-US : June 19, 2017
finance.yahoo.com - June 19 at 11:59 AM
seekingalpha.com logoLancaster Colony (LANC) Presents At Baird's 2017 Global Consumer, Technology & Services Conference - Slideshow
seekingalpha.com - June 9 at 9:16 AM
finance.yahoo.com logoLancaster Colony Corp. : LANC-US: Dividend Analysis : June 07th, 2017 (record date) : By the numbers : June 7, 2017
finance.yahoo.com - June 7 at 5:52 PM
americanbankingnews.com logoCritical Review: Amira Nature Foods (ANFI) versus Lancaster Colony Corp. (LANC)
www.americanbankingnews.com - June 7 at 10:18 AM
finance.yahoo.com logoDividend Coverage: This Food Major has Raised Dividend for 54 Consecutive Years; Will Trade Ex Dividend on June 6, 2017
finance.yahoo.com - June 5 at 9:52 AM
nasdaq.com logoEx-Dividend Reminder: Lancaster Colony, PulteGroup and Cinemark Holdings
www.nasdaq.com - June 2 at 7:36 PM
finance.yahoo.com logoLancaster Colony Corp. breached its 50 day moving average in a Bullish Manner : LANC-US : June 2, 2017
finance.yahoo.com - June 2 at 7:36 PM
finance.yahoo.com logoLancaster Colony To Present At Baird 2017 Global Consumer, Technology & Services Conference
finance.yahoo.com - May 31 at 6:37 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Raised to "Buy" at Vertical Group
www.americanbankingnews.com - May 30 at 5:02 PM
streetinsider.com logoLancaster Colony Corp. (LANC) Names David A. Ciesinski as CEO
www.streetinsider.com - May 26 at 7:02 PM
bizjournals.com logoLancaster Colony names Heinz veteran its new CEO
www.bizjournals.com - May 26 at 7:02 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Given Consensus Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 26 at 11:17 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Rating Increased to Buy at Vertical Research
www.americanbankingnews.com - May 26 at 9:25 AM
finance.yahoo.com logoETFs with exposure to Lancaster Colony Corp. : May 25, 2017
finance.yahoo.com - May 26 at 3:02 AM
finance.yahoo.com logoLancaster Colony Corporation Names David A. Ciesinski Chief Executive Officer
finance.yahoo.com - May 26 at 3:02 AM
seekingalpha.com logoLancaster Colony appoints new CEO
seekingalpha.com - May 25 at 3:40 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) to Issue Quarterly Dividend of $0.55
www.americanbankingnews.com - May 25 at 3:18 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Sees Significant Increase in Short Interest
www.americanbankingnews.com - May 13 at 7:32 AM
bizjournals.com logoPHOTOS: Unispace gets striking skyline views, more room in move to top of One Columbus
www.bizjournals.com - May 9 at 6:00 PM
finance.yahoo.com logoETFs with exposure to Lancaster Colony Corp. : May 9, 2017
finance.yahoo.com - May 9 at 6:00 PM
finance.yahoo.com logoLancaster Colony Corp. :LANC-US: Earnings Analysis: Q3, 2017 By the Numbers : May 8, 2017
finance.yahoo.com - May 8 at 5:49 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Earns News Impact Rating of -0.29
www.americanbankingnews.com - May 4 at 10:37 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 2 at 12:40 AM
americanbankingnews.com logoSomewhat Positive Press Coverage Somewhat Likely to Impact Lancaster Colony Corp. (LANC) Stock Price
www.americanbankingnews.com - May 1 at 7:32 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Lancaster Colony Corp. (LANC) Issued By Wedbush
www.americanbankingnews.com - May 1 at 9:53 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Releases Quarterly Earnings Results, Misses Expectations By $0.14 EPS
www.americanbankingnews.com - April 29 at 1:29 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Releases Quarterly Earnings Results, Misses Estimates By $0.14 EPS
www.americanbankingnews.com - April 29 at 1:25 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Announces Quarterly Earnings Results, Misses Estimates By $0.14 EPS
www.americanbankingnews.com - April 29 at 1:24 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Given Daily News Impact Score of 0.04
www.americanbankingnews.com - April 28 at 5:45 PM
finance.yahoo.com logoEdited Transcript of LANC earnings conference call or presentation 27-Apr-17 2:00pm GMT
finance.yahoo.com - April 28 at 9:40 AM
reuters.com logoBRIEF-Lancaster Colony Q3 EPS $0.53 including items
www.reuters.com - April 27 at 6:48 PM
rttnews.com logoLancaster Colony Corp Reveals 50% Drop In Q3 Profit
www.rttnews.com - April 27 at 6:48 PM
finance.yahoo.com logoLancaster Colony Reports Third Quarter Sales And Earnings
finance.yahoo.com - April 27 at 9:11 AM
finance.yahoo.com logoLancaster Colony posts 3Q profit
finance.yahoo.com - April 27 at 9:11 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receiving Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 25 at 2:09 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 25 at 9:57 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Rating Reiterated by Wedbush
www.americanbankingnews.com - April 24 at 2:08 PM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Receives Media Sentiment Score of 0.57
www.americanbankingnews.com - April 19 at 10:24 AM
finance.yahoo.com logoLancaster Colony To Webcast Third Quarter Fiscal Year 2017 conference Call
finance.yahoo.com - April 18 at 10:45 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:12 AM
americanbankingnews.com logoLancaster Colony Corp. (LANC) Earns Daily News Impact Score of 0.20
www.americanbankingnews.com - April 15 at 5:15 PM
americanbankingnews.com logoZacks Investment Research Downgrades Lancaster Colony Corp. (LANC) to Hold
www.americanbankingnews.com - April 14 at 2:04 PM

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Lancaster Colony Corporation (LANC) Chart for Thursday, July, 27, 2017

This page was last updated on 7/27/2017 by MarketBeat.com Staff