Lancaster Colony Corporation (LANC)

NASDAQ: LANC · IEX Real-Time Price · USD
196.11
-2.46 (-1.24%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-1.24%
Market Cap 5.40B
Revenue (ttm) 1.87B
Net Income (ttm) 129.16M
Shares Out 27.52M
EPS (ttm) 4.68
PE Ratio 41.90
Forward PE 28.59
Dividend $3.60 (1.84%)
Ex-Dividend Date Mar 6, 2024
Volume 90,998
Open 197.55
Previous Close 198.56
Day's Range 194.82 - 198.21
52-Week Range 158.88 - 220.65
Beta 0.37
Analysts Buy
Price Target 208.00 (+6.07%)
Earnings Date May 2, 2024

About LANC

Lancaster Colony Corporation engages in the manufacturing and marketing of specialty food products for the retail and foodservice channels in the United States. It operates in two segments, Retail and Foodservice. The company offers frozen garlic bread under the New York BRAND Bakery; frozen Parkerhouse style yeast and dinner rolls under the Sister Schubert's brand; salad dressings under the Marzetti, Simply Dressed, Cardini's, and Girard's brands; vegetable and fruit dips under the Marzetti brand; croutons and salad toppings under the New York... [Read more]

Industry Packaged Foods
Founded 1961
Employees 3,400
Stock Exchange NASDAQ
Ticker Symbol LANC
Full Company Profile

Financial Performance

In 2023, LANC's revenue was $1.82 billion, an increase of 8.72% compared to the previous year's $1.68 billion. Earnings were $111.29 million, an increase of 24.22%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for LANC stock is "Buy." The 12-month stock price forecast is $208.0, which is an increase of 6.07% from the latest price.

Price Target
$208.0
(6.07% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Lancaster Colony Continues Higher Cash Dividend

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, payable...

2 months ago - Business Wire

Lancaster Colony Reports Second Quarter Sales and Earnings

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2023. Summary Consolidated net sales i...

2 months ago - Business Wire

Lancaster Colony to Webcast Second Quarter Fiscal Year 2024 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2024 financial results prior to the opening of the m...

3 months ago - Business Wire

These Dividend Kings Have Raised Their Payouts for 60 Years or More.

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3 months ago - Kiplinger

Lancaster Colony Announces Changes to Board of Directors

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed Alan F. Harris as Chairman of the Board of Directors effective...

4 months ago - Business Wire

Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 90 cents per common share, marking...

5 months ago - Business Wire

Lancaster Colony Reports First Quarter Sales and Earnings

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2023. Summary Consolidated net sales i...

5 months ago - Business Wire

Lancaster Colony to Webcast First Quarter Fiscal Year 2024 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2024 financial results prior to the opening of the ma...

6 months ago - Business Wire

Lancaster Colony Appoints George Knight to Board of Directors

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed George F. Knight III to the Company's Board of Directors. Mr. ...

7 months ago - Business Wire

Lancaster Colony Reports Fourth Quarter and Fiscal Year Results

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal fourth quarter and fiscal year ended June 30, 2023. Summary Consolidated...

8 months ago - Business Wire

Lancaster Colony Continues Higher Cash Dividend; Board of Directors Sets Annual Meeting Date and Time

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 85 cents per common share, payable...

8 months ago - Business Wire

Lancaster Colony to Webcast Fourth Quarter and Fiscal Year 2023 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2023 financial results prior to the opening of t...

8 months ago - Business Wire

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10 months ago - Benzinga

Lancaster Colony Appoints Zena Srivatsa Arnold to Board of Directors

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed Zena Srivatsa Arnold to the Company's Board of Directors. Ms. ...

1 year ago - Business Wire

Lancaster Colony Reports Third Quarter Sales and Earnings

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal third quarter ended March 31, 2023. Summary Consolidated net sales incre...

1 year ago - Business Wire

T. Marzetti Company Names Luis Viso Chief Supply Chain Officer

WESTERVILLE, Ohio--(BUSINESS WIRE)--T. Marzetti Company, a wholly-owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC), is pleased to announce the appointment of Luis Viso to Chief Supply C...

1 year ago - Business Wire

Lancaster Colony to Webcast Third Quarter Fiscal Year 2023 Conference Call

WESTERVILLE, Ohio--(BUSINESS WIRE)--Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its third quarter fiscal year 2023 financial results prior to the opening of the ma...

1 year ago - Business Wire

LANCASTER COLONY CONTINUES HIGHER CASH DIVIDEND

WESTERVILLE, Ohio , Feb. 22, 2023 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 85 cents per common ...

1 year ago - PRNewsWire

LANCASTER COLONY REPORTS SECOND QUARTER SALES AND EARNINGS

WESTERVILLE, Ohio , Feb. 2, 2023 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2022. Summary Consolidate...

1 year ago - PRNewsWire

LANCASTER COLONY TO WEBCAST SECOND QUARTER FISCAL YEAR 2023 CONFERENCE CALL

WESTERVILLE, Ohio , Jan. 24, 2023 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2023 financial results prior to the op...

1 year ago - PRNewsWire

LANCASTER COLONY INCREASES REGULAR CASH DIVIDEND; REELECTS FOUR INCUMBENT DIRECTORS

WESTERVILLE, Ohio , Nov. 9, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 85 cents per common s...

1 year ago - PRNewsWire

LANCASTER COLONY REPORTS FIRST QUARTER SALES AND EARNINGS

WESTERVILLE, Ohio , Nov. 3, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2022. Summary Consolidate...

1 year ago - PRNewsWire

LANCASTER COLONY TO WEBCAST FIRST QUARTER FISCAL YEAR 2023 CONFERENCE CALL

WESTERVILLE, Ohio , Oct. 25, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2023 financial results prior to the ope...

1 year ago - PRNewsWire

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With markets continuing to decline, investors might be interested in identifying stable companies that can help defend their portfolio. Thus, in this article, we will examine two consumer staple names...

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