NASDAQ:LANC Lancaster Colony (LANC) Stock Forecast, Price & News $203.58 +6.60 (+3.35%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$197.00▼$203.8250-Day Range$196.58▼$218.8452-Week Range$116.85▼$220.65Volume114,477 shsAverage Volume146,792 shsMarket Capitalization$5.60 billionP/E Ratio42.77Dividend Yield1.67%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Lancaster Colony MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy4.41% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-1.89Upright™ Environmental ScoreNews Sentiment1.43Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth35.00%From $5.00 to $6.75 Per ShareSee Full Details Hide Full Details 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 starsConsumer Staples Sector2nd out of 140 stocksCanned, Frozen, & Preserved Fruits, Vegetables, & Food Special Industry1st out of 5 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Lancaster Colony. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.41% of the float of Lancaster Colony has been sold short.Short Interest Ratio / Days to CoverLancaster Colony has a short interest ratio ("days to cover") of 5.7.Change versus previous monthShort interest in Lancaster Colony has recently decreased by 10.20%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldLancaster Colony pays a meaningful dividend of 1.71%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLancaster Colony has been increasing its dividend for 60 years.Dividend CoverageThe dividend payout ratio of Lancaster Colony is 71.43%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Lancaster Colony will have a dividend payout ratio of 50.37% next year. This indicates that Lancaster Colony will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreLancaster Colony has received a 32.76% net impact score from Upright. The largest positive contribution comes from its "Nutrition" impact, which is mostly driven by its "Egg noodles", "Prepared vegetable meals", "Unprocessed roe", and "Wheat bread" products. See details.Environmental SustainabilityThe Environmental Impact score for Lancaster Colony is -1.89. Previous Next 3.6 News and Social Media Coverage News SentimentLancaster Colony has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.57 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Lancaster Colony this week, compared to 3 articles on an average week.Search Interest3 people have searched for LANC on MarketBeat in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lancaster Colony insiders have not sold or bought any company stock.Percentage Held by Insiders29.90% of the stock of Lancaster Colony is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.69% of the stock of Lancaster Colony is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Lancaster Colony are expected to grow by 35.00% in the coming year, from $5.00 to $6.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lancaster Colony is 42.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.05.Price to Earnings Ratio vs. SectorThe P/E ratio of Lancaster Colony is 42.77, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.30.Price to Book Value per Share RatioLancaster Colony has a P/B Ratio of 6.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lancaster Colony (NASDAQ:LANC) StockLancaster 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.Read More Receive LANC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lancaster Colony and its competitors with MarketBeat's FREE daily newsletter. Email Address LANC Stock News HeadlinesMay 20, 2023 | msn.comLancaster Colony (LANC) Declares $0.85 DividendMay 18, 2023 | theglobeandmail.com3 Top Blue Chip Stocks NowJune 3, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks 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.May 16, 2023 | marketwatch.comWhen the Price of Lancaster Colony $LANC Talks, People ListenMay 12, 2023 | finance.yahoo.comLancaster Colony's (NASDAQ:LANC) investors will be pleased with their favorable 83% return over the last five yearsMay 11, 2023 | marketwatch.comHummus Market 2023 to Hit Statistical Significance Value by 2030May 9, 2023 | marketwatch.comDressing Market Size 2023-2031 Industrial Trends by Absolute Reports | with [90 Pages]May 9, 2023 | finance.yahoo.comLancaster Colony Appoints Zena Srivatsa Arnold to Board of DirectorsJune 3, 2023 | Legacy Research (Affiliate) (Ad)“Amazon Loophole” could hand you $28,544 in “royalty” payoutsThanks 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.May 8, 2023 | americanbankingnews.comAnalysts Set Lancaster Colony Co. (NASDAQ:LANC) Price Target at $140.00May 5, 2023 | marketwatch.comSalad Dressing Market Size, Share & Trends Analysis Report, 2030May 5, 2023 | americanbankingnews.comLancaster Colony (NASDAQ:LANC) Reaches New 1-Year High at $214.47May 5, 2023 | finance.yahoo.comQ3 2023 Lancaster Colony Corp Earnings CallMay 4, 2023 | msn.comLancaster Colony GAAP EPS of $0.89 misses by $0.04, revenue of $464.94M beats by $21.87MMay 4, 2023 | markets.businessinsider.comLancaster Colony Swings To Profit In Q3May 4, 2023 | finance.yahoo.comLancaster Colony (LANC) Misses Q3 Earnings EstimatesMay 3, 2023 | markets.businessinsider.comWhat Wall Street expects from Lancaster Colony's earningsMay 2, 2023 | marketwatch.comSalad Dressing Market Size and Forecast to 2031May 1, 2023 | finance.yahoo.comT. Marzetti Company Names Luis Viso Chief Supply Chain OfficerApril 22, 2023 | seekingalpha.comLANC Lancaster Colony CorporationApril 20, 2023 | finance.yahoo.comLancaster Colony to Webcast Third Quarter Fiscal Year 2023 Conference CallApril 18, 2023 | marketwatch.comLearn to Evaluate Lancaster Colony ($LANC) using the ChartsApril 15, 2023 | americanbankingnews.comLancaster Colony Co. (NASDAQ:LANC) Receives $140.00 Average PT from BrokeragesApril 14, 2023 | ca.finance.yahoo.comLancaster Colony Corporation (LANC)April 3, 2023 | americanbankingnews.comLancaster Colony Co. (NASDAQ:LANC) Short Interest UpdateMarch 21, 2023 | seekingalpha.comLancaster Colony Corporation: Near The Tipping PointMarch 16, 2023 | marketwatch.comDressing Market Outlook and Forecast till 2028See More Headlines LANC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LANC Company Calendar Ex-Dividend for 3/31 Dividend3/08/2023Dividend Payable3/31/2023Last Earnings5/04/2023Today6/02/2023Ex-Dividend for 6/30 Dividend6/08/2023Dividend Payable6/30/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/24/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Canned, frozen, & preserved fruits, vegetables, & food special Sub-IndustryPackaged Foods & Meats SectorConsumer Staples Current SymbolNASDAQ:LANC CUSIP51384710 CIK57515 Webwww.lancastercolony.com Phone(614) 224-7141Fax614-469-8219Employees3,200Year Founded1961Profitability EPS (Most Recent Fiscal Year)$4.76 Trailing P/E Ratio42.74 Forward P/E Ratio40.69 P/E GrowthN/ANet Income$89.59 million Net Margins7.21% Pretax Margin9.05% Return on Equity16.13% Return on Assets12.35% Debt Debt-to-Equity RatioN/A Current Ratio1.99 Quick Ratio1.21 Sales & Book Value Annual Sales$1.82 billion Price / Sales3.08 Cash Flow$6.11 per share Price / Cash Flow33.32 Book Value$31.73 per share Price / Book6.41Miscellaneous Outstanding Shares27,522,000Free Float19,293,000Market Cap$5.60 billion OptionableOptionable Beta0.22 Social Links Key ExecutivesDavid Alan CiesinskiPresident, Chief Executive Officer & DirectorThomas K. PigottChief Financial Officer & Vice PresidentDale N. GanobsikTreasurer & Vice President-Investor RelationsJanet A. MurchCorporate ControllerMatthew R. ShurteSecretary, Chief Ethics Officer & General CounselKey CompetitorsTreeHouse FoodsNYSE:THSLamb WestonNYSE:LWRHNYSE:RHPostNYSE:POSTFlowers FoodsNYSE:FLOView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 16,565 shares on 6/1/2023Ownership: 0.060%ProShare Advisors LLCSold 4,574 shares on 5/26/2023Ownership: 0.842%Fortis Group Advisors LLCBought 8,418 shares on 5/26/2023Ownership: 0.031%Legato Capital Management LLCSold 2,828 shares on 5/25/2023Ownership: 0.017%Toroso Investments LLCBought 109 shares on 5/23/2023Ownership: 0.049%View All Insider TransactionsView All Institutional Transactions 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. What ETFs hold Lancaster Colony's stock? ETFs with the largest weight of Lancaster Colony (NASDAQ:LANC) stock in their portfolio include Leatherback Long/Short Alternative Yield ETF (LBAY), Invesco Dynamic Food & Beverage ETF (PBJ), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL), ProShares Russell US Dividend Growers ETF (TMDV), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV). 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. 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