Lamb Weston - LW Stock Forecast, Price & News

5 Wall Street 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 analysts is that investors should "buy" LW shares.
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5 equities research analysts have issued 12-month price targets for Lamb Weston's shares. Their LW share price forecasts range from $75.00 to $115.00. On average, they expect the company's share price to reach $96.80 in the next year. This suggests that the stock has a possible downside of 2.8%.
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Lamb Weston's stock was trading at $89.36 at the beginning of the year. Since then, LW stock has increased by 11.5% and is now trading at $99.60.
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Lamb Weston saw a increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,020,000 shares, an increase of 6.0% from the November 30th total of 2,850,000 shares. Based on an average trading volume of 1,710,000 shares, the short-interest ratio is currently 1.8 days. Approximately 2.2% of the company's shares are short sold.
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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 Holdings, Inc. (NYSE:LW) released its quarterly earnings results on Thursday, January, 5th. The specialty retailer reported $1.28 EPS 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 the consensus estimate of $1.16 billion. Lamb Weston had a net margin of 10.50% and a trailing twelve-month return on equity of 107.83%.

Lamb Weston declared a quarterly dividend on Wednesday, December 14th. Shareholders 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 is Thursday, February 2nd. This is an increase from the stock's previous quarterly dividend of $0.25.
Read our dividend analysis for LW.

Lamb Weston (NYSE:LW) pays an annual dividend of $0.98 per share and currently has a dividend yield of 0.99%. 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 30.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LW will have a dividend payout ratio of 21.92% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LW.

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

Lamb Weston issued an update on its FY 2023 earnings guidance on Thursday, January, 5th. The company provided EPS guidance of $3.75-$4.00 for the period, compared to the consensus 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 institutional and retail investors. Top institutional shareholders include Montrusco Bolton Investments Inc. (1.02%), Bank of Montreal Can (0.35%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), National Bank of Canada FI (0.27%), Strs Ohio (0.21%) and Cookson Peirce & Co. Inc. (0.20%). 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 $99.60.

Lamb Weston (NYSE:LW) has a market capitalization of $14.33 billion and generates $4.10 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.