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NASDAQ:LANCLancaster Colony Stock Price, Forecast & News

$153.48
-2.43 (-1.56 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$151.32
Now: $153.48
$159.40
50-Day Range
$129.10
MA: $140.53
$155.91
52-Week Range
$114.55
Now: $153.48
$166.31
Volume603,200 shs
Average Volume188,245 shs
Market Capitalization$4.22 billion
P/E Ratio30.27
Dividend Yield1.82%
Beta0.18
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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Beat the Market (BTM) Rank

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

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$1.31 billion
Cash Flow$6.25 per share
Book Value$28.10 per share

Profitability

Net Income$150.55 million

Miscellaneous

Employees3,200
Market Cap$4.22 billion
Next Earnings Date8/25/2020 (Estimated)
OptionableOptionable

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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?

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

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