Lancaster Colony/LANC

$182.72

-0.95%
-
1D1W1MYTD1YMAX

About Lancaster Colony

Lancaster Colony Corporation is a manufacturer and marketer of specialty food products for the retail and foodservice channels. The Company operates through two segments: Retail Segment and Foodservice Segment. Its Retail Segment manufactures and sells frozen breads, refrigerated dressings and dips, and shelf-stable dressings and croutons under the brand names New York BRAND Bakery, Marzetti, Marzetti Simply, Cardini’s, Girard’s and others. It also manufactures and sells other products pursuant to brand license agreements, including Chick-fil-A sauces and dressings, Olive Garden dressings and Buffalo Wild Wings sauces. Its Foodservice segment manufactures and sells salad dressings, sandwich and dipping sauces, frozen breads and yeast rolls. Its products are sold through sales personnel, food brokers and distributors in the United States. Its products are also sold under private label to restaurants. It also manufactures and sells various branded foodservice products to distributors.

Ticker

LANC

Sector

Consumer Non-Cyclicals

Trading on

NASDAQ

Industry

Food Processing

CEO

David Ciesinski

Employees

3,400

Headquarters

Westerville, United States

Lancaster Colony Metrics

BasicAdvanced
$5.1B
Market cap
38.19
P/E ratio
$4.83
EPS
0.37
Beta
$3.50
Dividend rate
1.95%
Dividend yield
$5.1B
0.37257
$215.31
$158.88
122K
$3.50
2.322
1.473
72.8%
166.474
11.41%
14.85%
13.68%
38.193
2.71
5.563
7.208
51.123
1.78%
1.9%
1.95%
2.93%
1.42%
10.95%
-6.68%
6.8%

What the Analysts think about Lancaster Colony

Analyst Ratings

Majority rating from 6 analysts.
Hold

Price Targets

Average projection from 5 analysts.
16.35% upside
High $226.00
Low $203.00
$182.72
Current price
$212.60
Average price target

Lancaster Colony Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
6% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$471M
-50.24%
Net income
$28M
-70.34%
Profit margin
6%
-40.36%

Lancaster Colony Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 25.54%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.33
$1.59
$1.87
$1.03
-
Expected
$1.29
$1.61
$1.63
$1.38
$1.41
Surprise
-74.37%
-1%
15.08%
-25.54%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Lancaster Colony stock?

Lancaster Colony (LANC) has a market cap of $5.1B as of May 28, 2024.

What is the P/E ratio for Lancaster Colony stock?

The price to earnings (P/E) ratio for Lancaster Colony (LANC) stock is 38.19 as of May 28, 2024.

Does Lancaster Colony stock pay dividends?

Yes, the Lancaster Colony (LANC) stock pays dividends to shareholders. As of May 28, 2024, the dividend rate is $3.5 and the yield is 1.95%. Lancaster Colony has a payout ratio of 72.8% on a trailing twelve-month basis.

When is the next Lancaster Colony dividend payment date?

The next Lancaster Colony (LANC) dividend payment is scheduled for June 28, 2024.

What is the beta indicator for Lancaster Colony?

Lancaster Colony (LANC) has a beta rating of 0.37. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Lancaster Colony stock price target?

The target price for Lancaster Colony (LANC) stock is $212.6, which is 16.35% above the current price of $182.72. This is an average based on projections from 5 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

Buy or sell Lancaster Colony stock

Buy or sell Lancaster Colony stock

Stocks, funds and up to 4.50% interest earned on uninvested cash. When you invest, your capital is at risk.
Start investing