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

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

Lancaster Colony announced a quarterly dividend on Wednesday, November 13th. Stockholders of record on Friday, December 6th will be given a dividend of $0.70 per share on Tuesday, December 31st. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Thursday, December 5th. This is a positive change from Lancaster Colony's previous quarterly dividend of $0.65. View Lancaster Colony's Dividend History.

Lancaster Colony Corp. (NASDAQ:LANC) released its quarterly earnings data on Tuesday, February, 4th. The company reported $1.72 EPS for the quarter, topping analysts' consensus estimates of $1.54 by $0.18. The company had revenue of $355.10 million for the quarter, compared to the consensus estimate of $365.51 million. Lancaster Colony had a net margin of 11.08% and a return on equity of 19.40%. The firm's quarterly revenue was up 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.73 EPS. View Lancaster Colony's Earnings History.

Lancaster Colony is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Lancaster Colony.

3 brokerages have issued 1 year price targets 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 year. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Price Targets for 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.

News stories about LANC stock have trended somewhat negative this week, according to InfoTrie. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lancaster Colony earned a news sentiment score of -1.9 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Lancaster Colony.

Lancaster Colony saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 1,650,000 shares, an increase of 5.1% from the January 30th total of 1,570,000 shares. Based on an average daily volume of 106,600 shares, the days-to-cover ratio is presently 15.5 days. Currently, 9.2% of the shares of the stock are sold short. View Lancaster Colony's Current Options Chain.

Some companies that are related to Lancaster Colony include Mondelez International (MDLZ), Hershey (HSY), General Mills (GIS), Tyson Foods (TSN), Hormel Foods (HRL), Kellogg (K), MCCORMICK & CO /SH (MKC), Campbell Soup (CPB), Conagra Brands (CAG), J M Smucker (SJM), Post (POST), Pilgrim's Pride (PPC), Seaboard (SEB), Flowers Foods (FLO) and J & J Snack Foods (JJSF).

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), PepsiCo (PEP), Hormel Foods (HRL), Lowe's Companies (LOW), Automatic Data Processing (ADP), Ecolab (ECL) and Illinois Tool Works (ITW).

Lancaster Colony's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (6.51%), Champlain Investment Partners LLC (2.79%), Renaissance Technologies LLC (2.11%), Geode Capital Management LLC (1.06%), Bank of New York Mellon Corp (1.00%) and Charles Schwab Investment Management Inc. (0.77%). Company insiders that own Lancaster Colony stock include Douglas A Fell, Neeli Bendapudi and Timothy A Tate. View Institutional Ownership Trends for Lancaster Colony.

LANC stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Renaissance Technologies LLC, AQR Capital Management LLC, Schroder Investment Management Group, PNC Financial Services Group Inc., Acadian Asset Management LLC, Robeco Institutional Asset Management B.V. and FMR LLC. View Insider Buying and Selling for Lancaster Colony.

LANC stock was bought by a variety of institutional investors in the last quarter, including Champlain Investment Partners LLC, State Street Corp, ProShare Advisors LLC, UBS Group AG, Boston Trust Walden Corp, Eaton Vance Management, Victory Capital Management Inc. and Maverick Capital Ltd.. View Insider Buying and Selling for 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.

One share of LANC stock can currently be purchased for approximately $148.56.

Lancaster Colony has a market capitalization of $4.09 billion and generates $1.31 billion in revenue each year. Lancaster Colony employs 3,200 workers across the globe.View Additional Information About Lancaster Colony.

The official website for Lancaster Colony is http://www.lancastercolony.com/.

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]