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

Lancaster Colony's stock was trading at $144.38 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LANC shares have increased by 0.2% and is now trading at $144.64. View which stocks have been mosted impacted by Coronavirus.

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.

Lancaster Colony is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for Lancaster Colony.

Lancaster Colony Corp. (NASDAQ:LANC) issued its quarterly earnings results on Tuesday, February, 4th. The company reported $1.72 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.54 by $0.18. The company had revenue of $355.10 million for the quarter, compared to analysts' expectations of $365.51 million. Lancaster Colony had a return on equity of 19.40% and a net margin of 11.08%. The company's quarterly revenue was up 1.6% compared to the same quarter last year. During the same period last year, the business earned $1.73 EPS. View Lancaster Colony's earnings history.

Lancaster Colony announced a quarterly dividend on Wednesday, February 26th. Stockholders of record on Friday, March 6th will be given a dividend of $0.70 per share on Tuesday, March 31st. This represents a $2.80 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date is Thursday, March 5th. View Lancaster Colony's dividend history.

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 year. This suggests a possible upside of 8.5% from the stock's current price. View analysts' price targets for Lancaster Colony.

Media coverage about LANC stock has been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lancaster Colony earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned news coverage 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 near term. View the latest news aboutLancaster Colony.

Lancaster Colony saw a decrease in short interest in March. As of March 13th, there was short interest totaling 1,468,700 shares, a decrease of 6.5% from the February 27th total of 1,570,000 shares. Based on an average daily volume of 135,500 shares, the short-interest ratio is presently 10.8 days. Approximately 8.2% of the shares of the company are short sold. View Lancaster Colony's Current Options Chain.

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

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

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 $144.64.

Lancaster Colony has a market capitalization of $3.98 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]