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: $3.28 billion
  • Outstanding Shares: 27,443,000
Average Prices:
  • 50 Day Moving Avg: $119.51
  • 200 Day Moving Avg: $122.72
  • 52 Week Range: $113.33 - $149.30
P/E:
  • Trailing P/E Ratio: 28.47
  • Foreward P/E Ratio: 23.22
  • P/E Growth: 8.44
Sales & Book Value:
  • Annual Revenue: $1.2 billion
  • Price / Sales: 2.73
  • Book Value: $20.98 per share
  • Price / Book: 5.70
Dividend:
  • Annual Dividend: $2.20
  • Dividend Yield: 1.9%
Profitability:
  • EBITDA: $218.45 million
  • Net Margins: 9.59%
  • Return on Equity: 22.76%
  • Return on Assets: 18.15%
Debt:
  • Current Ratio: 3.93%
  • Quick Ratio: 2.93%
Misc:
  • Average Volume: 126,275 shs.
  • Beta: 1.03
  • Short Ratio: 2.86
 

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 Wednesday, August 16th. Investors of record on Friday, September 8th will be paid a dividend of $0.55 per share on Friday, September 29th. This represents a $2.20 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Thursday, September 7th. View Lancaster Colony Corporation's Dividend History.

How were Lancaster Colony Corporation's earnings last quarter?

Lancaster Colony Corporation (NASDAQ:LANC) announced its quarterly earnings data on Thursday, August, 17th. The company reported $1.04 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.12 by $0.08. The business had revenue of $289.90 million for the quarter, compared to analysts' expectations of $295.05 million. Lancaster Colony Corporation had a net margin of 9.59% and a return on equity of 22.76%. Lancaster Colony Corporation's revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.12 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 Thursday, October, 26th 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?

5 equities research analysts have issued 1-year price targets for Lancaster Colony Corporation's stock. Their predictions range from $146.00 to $160.00. On average, they expect Lancaster Colony Corporation's stock price to reach $154.67 in the next year. 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 investors include Fisher Asset Management LLC (1.53%), Assenagon Asset Management S.A. (0.10%), Shell Asset Management Co. (0.05%), Park National Corp OH (0.05%) and State Treasurer State of Michigan (0.03%). 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 Park National Corp OH and State Treasurer State of Michigan. 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 Assenagon Asset Management S.A., Fisher Asset Management LLC and Shell 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 $119.58.


MarketBeat Community Rating for Lancaster Colony Corporation (NASDAQ LANC)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  80 (Vote Outperform)
Underperform Votes:  126 (Vote Underperform)
Total Votes:  206
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: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $154.67 (29.34% upside)
Consensus Price Target History for Lancaster Colony Corporation (NASDAQ:LANC)
Price Target History for Lancaster Colony Corporation (NASDAQ:LANC)
Analysts' Ratings History for Lancaster Colony Corporation (NASDAQ:LANC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/18/2017WedbushReiterated RatingBuyMediumView Rating Details
5/30/2017Vertical GroupUpgradeHold -> Buy$123.00 -> $146.00LowView Rating Details
5/26/2017Vertical ResearchUpgradeHold -> BuyHighView 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 10/23/2015 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
10/26/2017$1.09N/AView Earnings Details
8/17/2017Q4 2017$1.12$1.04$295.05 million$289.90 millionViewN/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: $4.71
2019 EPS Consensus Estimate: $4.91
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$1.09$1.17$1.13
Q2 20182$1.33$1.38$1.36
Q3 20182$1.02$1.11$1.07
Q4 20182$1.12$1.19$1.16
Q1 20191$1.17$1.17$1.17
Q2 20191$1.43$1.43$1.43
Q3 20191$1.11$1.11$1.11
Q4 20191$1.20$1.20$1.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Lancaster Colony Corporation (NASDAQ:LANC)
Most Recent Dividend:9/29/2017
Annual Dividend:$2.20
Dividend Yield:1.84%
Dividend Growth:-1.50% (3 Year Average)
Payout Ratio:52.26% (Trailing 12 Months of Earnings)
46.81% (Based on This Year's Estimates)
42.72% (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
8/16/2017quarterly$0.551.91%9/7/20179/8/20179/29/2017
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)
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Chart

Lancaster Colony Corporation (LANC) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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