Lamb Weston - LW Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lamb Weston in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LW shares.
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5 equities research analysts have issued 1-year target prices for Lamb Weston's stock. Their LW share price forecasts range from $75.00 to $115.00. On average, they predict the company's share price to reach $96.80 in the next twelve months. This suggests that the stock has a possible downside of 3.4%.
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Lamb Weston's stock was trading at $89.36 at the start of the year. Since then, LW stock has increased by 12.1% and is now trading at $100.19.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 6th 2023.
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Lamb Weston will be holding an earnings conference call on Thursday, April 6th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Lamb Weston Holdings, Inc. (NYSE:LW) released its earnings results on Thursday, January, 5th. The specialty retailer reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.74 by $0.54. The specialty retailer had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.16 billion. Lamb Weston had a trailing twelve-month return on equity of 107.83% and a net margin of 10.50%.

Lamb Weston declared a quarterly dividend on Wednesday, December 14th. Investors of record on Friday, February 3rd will be given a dividend of $0.28 per share on Friday, March 3rd. This represents a $1.12 annualized dividend and a dividend yield of 1.12%. The ex-dividend date of this dividend is Thursday, February 2nd. This is a positive change from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for LW.

ETFs with the largest weight of Lamb Weston (NYSE:LW) stock in their portfolio include First Trust Nasdaq Food & Beverage ETF (FTXG), Adaptiv Select ETF (ADPV), First Trust Consumer Staples AlphaDEX Fund (FXG), Invesco S&P 500 Equal Weight Consumer Staples ETF (RHS), Invesco DWA Consumer Staples Momentum ETF (PSL), Invesco Dynamic Food & Beverage ETF (PBJ), iShares MSCI Agriculture Producers ETF (VEGI) and Thrivent Small-Mid Cap ESG ETF (TSME).

Lamb Weston (NYSE:LW) pays an annual dividend of $1.12 per share and currently has a dividend yield of 1.12%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LW will have a dividend payout ratio of 25.87% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LW.

Lamb Weston announced that its board has approved a share buyback program on Friday, December 17th 2021, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 3% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.

Lamb Weston issued an update on its FY 2023 earnings guidance on Thursday, January, 5th. The company provided earnings per share guidance of $3.75-$4.00 for the period, compared to the consensus earnings per share estimate of $2.98. The company issued revenue guidance of $4.80 billion-$4.90 billion, compared to the consensus revenue estimate of $4.73 billion.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lamb Weston investors own include Conagra Brands (CAG), RADCOM (RDCM), Walt Disney (DIS), Home Depot (HD), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), MaxLinear (MXL), Intel (INTC), NuStar Energy (NS) and AbbVie (ABBV).

Lamb Weston trades on the New York Stock Exchange (NYSE) under the ticker symbol "LW."

Lamb Weston's stock is owned by a variety of retail and institutional investors. Top institutional investors include Geode Capital Management LLC (2.07%), Bank of America Corp DE (1.91%), Thrivent Financial for Lutherans (1.90%), Amundi (1.65%), Point72 Asset Management L.P. (1.34%) and Anomaly Capital Management LP (1.28%). Insiders that own company stock include Bernadette M Madarieta, Eryk J Spytek, Eryk J Spytek, Gerardo Scheufler, Gregory W Jones, John C Hatto, Michael Jared Smith, Peter J Bensen, Robert A Niblock, Robert A Niblock, Sharon L Miller, Thomas P Werner and William G Jurgensen.
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Shares of LW 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.
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One share of LW stock can currently be purchased for approximately $100.19.

Lamb Weston (NYSE:LW) has a market capitalization of $14.41 billion and generates $4.51 billion in revenue each year. The specialty retailer earns $200.90 million in net income (profit) each year or $3.26 on an earnings per share basis.

The company employs 8,000 workers across the globe.

Lamb Weston's mailing address is 599 S. RIVERSHORE LANE, EAGLE ID, 83616. The official website for the company is www.lambweston.com. The specialty retailer can be reached via phone at (208) 938-1047 or via email at dexter.congbalay@lambweston.com.