About Lancaster Colony (NASDAQ:LANC)
Lancaster Colony Corporation manufactures and markets specialty food products for the retail and foodservice markets in the United States. It offers salad dressings and sauces under the Marzetti, Marzetti Simply Dressed, Cardini's, and Girard's brands; vegetable dips and fruit dips under the Marzetti brand; frozen garlic breads under the New York BRAND Bakery, Mamma Bella, and Mamma Bella's brands; and frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's and Mary B's brands. The company also provides dry egg noodles under the Inn Maid and Amish Kitchen brands; frozen specialty noodles under the Reames and Aunt Vi's brands; croutons and salad toppings under the New York BRAND Bakery, New York BRAND Bakery Texas Toast, Chatham Village, Cardini's, Marzetti Simply Dressed, and Marzetti brands; sprouted grain bakery products under the Angelic Bakehouse and Flatzza brands; flatbread wraps and pizza crusts under the Flatout brand; and caviar under the Romanoff brand name. In addition, it manufactures and sells other products to brand license agreements, including Olive Garden's dressings and Jack Daniel's mustards, as well as endorsement agreements, such as Hungry Girl flatbreads. The company's products are sold through sales personnel, food brokers, and distributors to retailers and restaurants, as well as to industrial customers. Lancaster Colony Corporation was founded in 1961 and is based in Westerville, Ohio.
Industry, Sector and Symbol
Industry Canned, frozen, & preserved fruits, vegetables, & food special
Sub-IndustryPackaged Foods & Meats
SectorConsumer Staples
SymbolNASDAQ:LANC
CUSIP51384710
Phone614-224-7141
Debt
Debt-to-Equity RatioN/A
Current Ratio4.03%
Quick Ratio3.12%
Price-To-Earnings
Trailing P/E Ratio27.18
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.20 billion
Price / Sales2.86
Cash Flow$5.4928 per share
Price / Cash22.77
Book Value$20.99 per share
Price / Book5.96
Profitability
EPS (Most Recent Fiscal Year)$4.62
Net Income$115.31 million
Net Margins9.84%
Return on Equity19.65%
Return on Assets15.67%
Miscellaneous
Employees2,800
Outstanding Shares27,450,000
Lancaster Colony (NASDAQ:LANC) Frequently Asked Questions
What is Lancaster Colony's stock symbol?
Lancaster Colony trades on the NASDAQ under the ticker symbol "LANC."
How often does Lancaster Colony pay dividends? What is the dividend yield for Lancaster Colony?
Lancaster Colony declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 9th will be given a dividend of $0.60 per share on Friday, March 30th. This represents a $2.40 annualized dividend and a yield of 1.92%. The ex-dividend date of this dividend is Thursday, March 8th. View Lancaster Colony's Dividend History.
How were Lancaster Colony's earnings last quarter?
Lancaster Colony Corp. (NASDAQ:LANC) posted its quarterly earnings data on Thursday, January, 25th. The company reported $1.14 EPS for the quarter, missing analysts' consensus estimates of $1.32 by $0.18. The company earned $319.70 million during the quarter, compared to analyst estimates of $335.10 million. Lancaster Colony had a net margin of 9.84% and a return on equity of 19.65%. The company's revenue was down 2.2% on a year-over-year basis. During the same period last year, the company earned $1.42 earnings per share. View Lancaster Colony's Earnings History.
When is Lancaster Colony's next earnings date?
What price target have analysts set for LANC?
3 equities research analysts have issued 1 year price objectives for Lancaster Colony's shares. Their forecasts range from $146.00 to $160.00. On average, they anticipate Lancaster Colony's share price to reach $153.00 in the next year. View Analyst Ratings for Lancaster Colony.
What are Wall Street analysts saying about Lancaster Colony stock?
Here are some recent quotes from research analysts about Lancaster Colony stock:
- 1. According to Zacks Investment Research, "Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice markets. Lancaster Colony's wholly-owned subsidiaries, including T. Marzetti Company, produce and market high quality national and regionally-branded food products throughout the United States for the retail and foodservice markets. Most of their products sold through the retail channel are marketed under the company's popular brand names, such as Marzetti, New York Brand Bakery, Sister Schubert's and Flatout. The company's production plants across the United States make an expanded family of quality food products found every day on the dinner tables of millions of consumers, as well as in well-known restaurant chains nationwide. " (4/12/2018)
- 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's key competitors?
Some companies that are related to Lancaster Colony include Pinnacle Foods (PF), Pilgrim's Pride (PPC), Spectrum Brands (SPB), 51job (JOBS), Post (POST), Compańía de las Cervecerías Unidas (CCU), Coca-Cola Amatil (CCLAY), BRF (BRFS), Glanbia (GLAPY), Flowers Foods (FLO), National Beverage (FIZZ), Ollie's Bargain Outlet (OLLI), John Wiley & Sons (JW.A), Nu Skin Enterprises (NUS), New York Times (NYT), Tate & Lyle (TATYY), Tsingtao Brewery (TSGTY) and Energizer (ENR).
Who are Lancaster Colony's key executives?
Lancaster Colony's management team includes the folowing people:
- Mr. John B. Gerlach Jr., Exec. Chairman (Age 64)
- Mr. David A. Ciesinski, Pres, CEO & Director (Age 52)
- Mr. Douglas A. Fell, CFO, VP & Treasurer (Age 56)
- Dale N. Ganobsik, Director of Investor Relations & Corp. Planning
- Mr. Matthew R. Shurte, Gen. Counsel, Chief Ethics Officer and Sec. (Age 50)
Has Lancaster Colony been receiving favorable news coverage?
News coverage about LANC stock has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lancaster Colony earned a news sentiment score of 0.22 on Accern's scale. They also assigned news stories about the company an impact score of 45.01 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.
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, Scottrade, Fidelity and Charles Schwab.
What is Lancaster Colony's stock price today?
One share of LANC stock can currently be purchased for approximately $125.07.
How big of a company is Lancaster Colony?
Lancaster Colony has a market capitalization of $3.46 billion and generates $1.20 billion in revenue each year. The company earns $115.31 million in net income (profit) each year or $4.62 on an earnings per share basis. Lancaster Colony employs 2,800 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 company can be reached via phone at 614-224-7141 or via email at [email protected]
MarketBeat Community Rating for Lancaster Colony (LANC)
MarketBeat's community ratings are surveys of what our community members think about Lancaster Colony and other stocks. Vote "Outperform" if you believe LANC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LANC will underperform the S&P 500 over the long term. You may vote once every thirty days.
Lancaster Colony (NASDAQ:LANC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Lancaster Colony in the last 12 months. Their average twelve-month price target is $153.00, suggesting that the stock has a possible upside of 22.33%. The high price target for LANC is $160.00 and the low price target for LANC is $146.00. There are currently 3 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 3.00 | 3.00 | 3.00 | 2.80 |
| Ratings Breakdown: | 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
0 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
1 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $153.00 | $153.00 | $154.6667 | $154.6667 |
| Price Target Upside: | 22.33% upside | 32.92% upside | 34.36% upside | 34.36% upside |
Lancaster Colony (NASDAQ:LANC) Consensus Price Target History
Lancaster Colony (NASDAQ:LANC) Analyst Ratings History
Show:
(Data available from 4/19/2016 forward)
Lancaster Colony (NASDAQ:LANC) Dividend Information
Lancaster Colony pays an annual dividend of $2.40 per share, with a dividend yield of 1.92%. LANC's most recent quarterly dividend payment was Friday, March 30. The company has grown its dividend for the last 55 consecutive years and is increasing its dividend by an average of 8.10% each year. Lancaster Colony pays out 51.95% of its earnings out as a dividend.
| Most Recent Dividend: | 3/30/2018 |
| Annual Dividend: | $2.40 |
| Dividend Yield: | 1.92% |
| Dividend Growth: | 8.10% (3 Year Average) |
| Payout Ratio: | 51.95% (Trailing 12 Months of Earnings)
54.55% (Based on This Year's Estimates)
|
| Track Record: | 55 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Lancaster Colony (NASDAQ:LANC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/28/2018 | quarterly | $0.60 | 1.9819968618383% | 3/8/2018 | 3/9/2018 | 3/30/2018 |
| 11/15/2017 | quarterly | $0.60 | 1.9% | 12/7/2017 | 12/8/2017 | 12/29/2017 |
| 8/16/2017 | quarterly | $0.55 | 1.91% | 9/7/2017 | 9/8/2017 | 9/29/2017 |
| 5/25/2017 | quarterly | $0.55 | 1.75% | 6/6/2017 | 6/8/2017 | 6/30/2017 |
| 2/22/2017 | quarterly | $0.55 | 1.64% | 3/7/2017 | 3/9/2017 | 3/31/2017 |
| 11/21/2016 | quarterly | $0.55 | 1.58% | 12/7/2016 | 12/9/2016 | 12/30/2016 |
| 8/17/2016 | quarterly | $0.50 | 1.54% | 9/7/2016 | 9/9/2016 | 9/30/2016 |
| 5/25/2016 | quarterly | $0.50 | 1.66% | 6/7/2016 | 6/9/2016 | 6/30/2016 |
| 2/24/2016 | quarterly | $0.50 | 1.93% | 3/7/2016 | 3/9/2016 | 3/31/2016 |
| 11/16/2015 | special | $5.00 | 1.76% | 12/7/2015 | 12/9/2015 | 12/31/2015 |
| 8/19/2015 | quarterly | $0.46 | 1.93% | 9/4/2015 | 9/9/2015 | 9/30/2015 |
| 5/27/2015 | quarterly | $0.46 | 2.01% | 6/5/2015 | 6/9/2015 | 6/30/2015 |
| 2/25/2015 | quarterly | $0.46 | 2.01% | 3/5/2015 | 3/9/2015 | 3/31/2015 |
| 11/18/2014 | quarterly | $0.46 | 1.99% | 12/4/2014 | 12/8/2014 | 12/31/2014 |
| 8/19/2014 | quarterly | $0.44 | 1.89% | 9/5/2014 | 9/9/2014 | 9/30/2014 |
| 5/28/2014 | quarterly | $0.44 | 1.95% | 6/5/2014 | 6/9/2014 | 6/30/2014 |
| 2/26/2014 | quarterly | $0.44 | 1.96% | 3/5/2014 | 3/7/2014 | 3/31/2014 |
| 11/18/2013 | quarterly | $0.44 | 2.11% | 12/5/2013 | 12/9/2013 | 12/31/2013 |
| 8/22/2013 | quarterly | $0.40 | 2.09% | 9/5/2013 | 9/9/2013 | 9/30/2013 |
| 5/22/2013 | quarterly | $0.40 | 1.93% | 6/6/2013 | 6/10/2013 | 6/28/2013 |
| 2/27/2013 | quarterly | $0.38 | 2.08% | 3/6/2013 | 3/8/2013 | 3/29/2013 |
(Data available from 1/1/2013 forward)
Lancaster Colony (NASDAQ LANC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 31.90%
Institutional Ownership Percentage: 53.16%
Lancaster Colony (NASDAQ LANC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Lancaster Colony (NASDAQ LANC) News Headlines
| Source: |
|
| Date | Headline |
|---|
 | Lamb Weston (LW) versus Lancaster Colony (LANC) Critical Survey
www.americanbankingnews.com - April 19 at 10:34 AM |
| Lancaster Colony (LANC) Scheduled to Post Earnings on Wednesday
www.americanbankingnews.com - April 18 at 1:54 AM |
 | Lancaster Colony To Webcast Third Quarter Fiscal Year 2018 Conference Call
finance.yahoo.com - April 17 at 4:41 PM |
| Lancaster Colony (LANC) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - April 12 at 9:35 AM |
| BidaskClub Upgrades Lancaster Colony (LANC) to Sell
www.americanbankingnews.com - April 10 at 3:25 PM |
| Head-To-Head Contrast: Lamb Weston (LW) vs. Lancaster Colony (LANC)
www.americanbankingnews.com - April 7 at 9:20 PM |
| Head-To-Head Survey: TreeHouse Foods (THS) and Lancaster Colony (LANC)
www.americanbankingnews.com - April 7 at 9:20 PM |
| Lancaster Colony (LANC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 1 at 1:34 PM |
| Lancaster Colony (LANC) vs. Its Rivals Financial Contrast
www.americanbankingnews.com - March 30 at 11:04 PM |
| Head to Head Comparison: Lancaster Colony (LANC) and Its Peers
www.americanbankingnews.com - March 23 at 3:35 PM |
| Lancaster Colony (LANC) versus Dean Foods (DF) Head to Head Analysis
www.americanbankingnews.com - March 21 at 7:25 PM |
| Lancaster Colony (LANC) versus Its Peers Critical Contrast
www.americanbankingnews.com - March 20 at 3:22 PM |
| Lancaster Colony Corp. (LANC) Short Interest Update
www.americanbankingnews.com - March 4 at 1:40 AM |
| Lancaster Colony Corp. (LANC) Stake Raised by Raymond James Financial Services Advisors Inc.
www.americanbankingnews.com - March 3 at 8:48 AM |
| Swiss National Bank Has $4.29 Million Holdings in Lancaster Colony Corp. (LANC)
www.americanbankingnews.com - March 3 at 7:34 AM |
| Hamilton Capital Management Inc. Buys Shares of 15,158 Lancaster Colony Corp. (LANC)
www.americanbankingnews.com - March 2 at 5:24 PM |
| Lancaster Colony Continues Higher Cash Dividend
finance.yahoo.com - February 28 at 4:49 PM |
| Lancaster Colony Corp. (LANC) Plans Quarterly Dividend of $0.60
www.americanbankingnews.com - February 28 at 2:22 PM |
| Lancaster Colony Corp. (LANC) Stake Lowered by Martingale Asset Management L P
www.americanbankingnews.com - February 27 at 12:58 PM |
| Schroder Investment Management Group Acquires 75,157 Shares of Lancaster Colony Corp. (LANC)
www.americanbankingnews.com - February 27 at 11:52 AM |
| Lancaster Colony Corp. (LANC) Holdings Increased by Citadel Advisors LLC
www.americanbankingnews.com - February 24 at 2:20 PM |
| Lancaster Colony (LANC) Downgraded by Zacks Investment Research to Strong Sell
www.americanbankingnews.com - February 17 at 6:00 PM |
| Analyzing Flowers Foods’ Valuation and Dividend Yield
finance.yahoo.com - February 14 at 9:02 AM |
| Marzetti owner still hungry for acquisitions, if the deals are right
finance.yahoo.com - February 12 at 4:40 PM |
| Lancaster Colony Corp. (LANC) Sees Significant Increase in Short Interest
www.americanbankingnews.com - February 11 at 1:32 AM |
 | Lancaster Colony's (LANC) CEO David Ciesinski on Q2 2018 Results - Earnings Call Transcript
seekingalpha.com - February 10 at 4:30 PM |
 | Oversold Conditions For Lancaster Colony (LANC)
www.nasdaq.com - January 25 at 4:34 PM |
| Garlic bread and salad dressing maker sees tax change benefits
finance.yahoo.com - January 25 at 4:34 PM |
 | Lancaster Colony Corp. (LANC) Q2 Revenue Misses Views
www.streetinsider.com - January 25 at 9:00 AM |
| Lancaster Colony (LANC) Releases Earnings Results, Misses Estimates By $0.18 EPS
www.americanbankingnews.com - January 25 at 8:52 AM |
| Lancaster Colony (LANC) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - January 17 at 2:26 AM |
| Lancaster Colony To Webcast Second Quarter Fiscal Year 2018 Conference Call
finance.yahoo.com - January 16 at 5:14 PM |
| Lancaster Colony Corporation (LANC) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - January 8 at 8:00 AM |
| Lancaster Colony (LANC) Downgraded by BidaskClub
www.americanbankingnews.com - January 6 at 5:46 PM |
| Lancaster Colony Corporation (LANC) Receives Consensus Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 14 at 7:44 AM |
| Lancaster Colony (LANC) Rating Lowered to Sell at BidaskClub
www.americanbankingnews.com - December 12 at 10:48 PM |
| Lancaster Colony Corp. : LANC-US: Dividend Analysis : December 08th, 2017 (record date) : By the numbers : December 8, 2017
finance.yahoo.com - December 8 at 5:10 PM |
| EX-Dividend Schedule: Lancaster Colony Raised its Dividend by 9%; Will Trade Ex-Dividend on December 07, 2017
finance.yahoo.com - December 6 at 9:46 AM |
| Lancaster Colony (LANC) Stock Rating Upgraded by BidaskClub
www.americanbankingnews.com - December 2 at 12:36 PM |
| ETFs with exposure to Lancaster Colony Corp. : November 29, 2017
finance.yahoo.com - November 29 at 5:34 PM |
| Lancaster Colony Co. (LANC) Downgraded by Zacks Investment Research
www.americanbankingnews.com - November 18 at 6:56 PM |
 | BRIEF-LANCASTER COLONY RAISES REGULAR QTRLY CASH DIVIDEND TO $0.60/SHARE
www.reuters.com - November 17 at 12:36 PM |
| Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors
finance.yahoo.com - November 17 at 12:36 PM |
| Lancaster Colony Corp. :LANC-US: Earnings Analysis: Q1, 2018 By the Numbers : November 16, 2017
finance.yahoo.com - November 17 at 12:36 PM |
| ETFs with exposure to Lancaster Colony Corp. : November 17, 2017
finance.yahoo.com - November 17 at 12:36 PM |
| Lancaster Colony Corporation (LANC) Declares Dividend Increase - $0.60 Per Share
www.americanbankingnews.com - November 15 at 1:40 PM |
| Lancaster Colony in select dividend company
seekingalpha.com - November 15 at 1:39 PM |
| BRIEF-Lancaster COLONY reports first quarter sales and earnings
www.reuters.com - October 27 at 2:59 AM |
 | Lancaster Colony Corp Reports 12% Drop In Q1 Earnings
www.rttnews.com - October 27 at 2:59 AM |
| Lancaster Colony's (LANC) CEO David Ciesinski on Q1 2018 Results - Earnings Call Transcript
seekingalpha.com - October 27 at 2:59 AM |
Lancaster Colony (NASDAQ:LANC) SEC Filings
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Lancaster Colony (NASDAQ:LANC) Income Statement, Balance Sheet and Cash Flow Statement
Lancaster Colony (NASDAQ LANC) Stock Chart for Thursday, April, 19, 2018
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