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QQQ   354.65
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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Opera Stock: The Fast-Rising Star of AI-Driven Web Experiences
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
What Should Investors Make of These 3 Dividend Cuts?
Symbotic AI Robots Disrupt Warehouse Industry, Stock Price Soars
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
CrowdStrike: Another Tech Stock to Buy on the Dip 
Broadcom Stock Pulls into the Buy Zone: Analysts Raise Targets
Small A.I. Firm Wins $2 Billion in Contracts for Breakthrough "Living Software" (Ad)
Salesforce: Time to Snap it Up as the Market Buys the Dip?
Zscaler: Analysts Raise the Bar for the AI Cloud Security Company
NASDAQ:LANC

Lancaster Colony (LANC) Stock Forecast, Price & News

$203.58
+6.60 (+3.35%)
(As of 06/2/2023 ET)
Compare
Today's Range
$197.00
$203.82
50-Day Range
$196.58
$218.84
52-Week Range
$116.85
$220.65
Volume
114,477 shs
Average Volume
146,792 shs
Market Capitalization
$5.60 billion
P/E Ratio
42.77
Dividend Yield
1.67%
Price Target
N/A

Lancaster Colony MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
4.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.89
Upright™ Environmental Score
News Sentiment
1.43mentions of Lancaster Colony in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
35.00%
From $5.00 to $6.75 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.32 out of 5 stars

Consumer Staples Sector

2nd out of 140 stocks

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

1st 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

3 Top Blue Chip Stocks Now
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Q3 2023 Lancaster Colony Corp Earnings Call
Lancaster Colony Swings To Profit In Q3
What Wall Street expects from Lancaster Colony's earnings
LANC Lancaster Colony Corporation
Lancaster Colony Corporation (LANC)
Lancaster Colony Co. (NASDAQ:LANC) Short Interest Update
Lancaster Colony Corporation: Near The Tipping Point
Dressing Market Outlook and Forecast till 2028
See More Headlines

LANC Price History

LANC Company Calendar

Ex-Dividend for 3/31 Dividend
3/08/2023
Dividend Payable
3/31/2023
Last Earnings
5/04/2023
Today
6/02/2023
Ex-Dividend for 6/30 Dividend
6/08/2023
Dividend Payable
6/30/2023
Fiscal Year End
6/30/2023
Next Earnings (Estimated)
8/24/2023

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

Profitability

Net Income
$89.59 million
Pretax Margin
9.05%

Debt

Sales & Book Value

Annual Sales
$1.82 billion
Cash Flow
$6.11 per share
Book Value
$31.73 per share

Miscellaneous

Free Float
19,293,000
Market Cap
$5.60 billion
Optionable
Optionable
Beta
0.22

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?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lancaster Colony in the last twelve months. There are currently 1 hold rating 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.

How have LANC shares performed in 2023?

Lancaster Colony's stock was trading at $197.30 at the beginning of 2023. Since then, LANC shares have increased by 3.1% and is now trading at $203.45.
View the best growth stocks for 2023 here
.

When is Lancaster Colony's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023.
View our LANC earnings forecast
.

How were Lancaster Colony's earnings last quarter?

Lancaster Colony Co. (NASDAQ:LANC) issued its quarterly earnings results on Thursday, May, 4th. The company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $1.00 by $0.11. The firm had revenue of $464.94 million for the quarter, compared to analysts' expectations of $443.08 million. Lancaster Colony had a trailing twelve-month return on equity of 16.13% and a net margin of 7.21%. The business's revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share.

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

Lancaster Colony declared a quarterly dividend on Thursday, May 18th. Shareholders of record on Friday, June 9th will be given a dividend of $0.85 per share on Friday, June 30th. This represents a $3.40 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Thursday, June 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 1.71%. 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 71.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LANC will have a dividend payout ratio of 50.37% 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 BlackRock Inc. (9.30%), State Street Corp (5.76%), William Blair Investment Management LLC (4.23%), Champlain Investment Partners LLC (2.17%), Silvercrest Asset Management Group LLC (1.97%) and Diamond Hill Capital Management Inc. (1.94%). 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 $203.45.

How much money does Lancaster Colony make?

Lancaster Colony (NASDAQ:LANC) has a market capitalization of $5.60 billion and generates $1.82 billion in revenue each year. The company earns $89.59 million in net income (profit) each year or $4.76 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 6/3/2023 by MarketBeat.com Staff

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