Lancaster Colony Corporation (LANC)

NASDAQ: LANC · IEX Real-Time Price · USD
132.27
+3.50 (2.72%)
Jun 24, 2022 4:00 PM EDT - Market closed
2.72%
Market Cap 3.64B
Revenue (ttm) 1.61B
Net Income (ttm) 92.27M
Shares Out 27.52M
EPS (ttm) 3.35
PE Ratio 39.48
Forward PE 27.17
Dividend $3.15 (2.38%)
Ex-Dividend Date Jun 8, 2022
Volume 164,583
Open 128.35
Previous Close 128.77
Day's Range 128.35 - 132.78
52-Week Range 116.85 - 201.31
Beta 0.18
Analysts Sell
Price Target 139.74 (+5.6%)
Earnings Date May 5, 2022

About LANC

Lancaster Colony Corporation manufactures and markets food products for the retail and foodservice markets in the United States. The company operates in two segments, Retail and Foodservice. It 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, Cardini's, and Girard's; flatbread wraps and pizza crusts under the Flatout brand; croutons and salad toppings under the New York BRAND Bakery, Chatham Village, and Marzetti; fr... [Read more...]

Industry Food Products
Founded 1961
CEO David Ciesinski
Employees 3,200
Stock Exchange NASDAQ
Ticker Symbol LANC
Full Company Profile

Financial Performance

In 2021, LANC's revenue was $1.47 billion, an increase of 9.94% compared to the previous year's $1.33 billion. Earnings were $142.33 million, an increase of 3.90%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for LANC stock is "Sell." The 12-month stock price forecast is 139.74, which is an increase of 5.65% from the latest price.

Price Target
$139.74
(5.65% upside)
Analyst Consensus: Sell
Stock Forecasts

News

LANCASTER COLONY CONTINUES HIGHER CASH DIVIDEND

WESTERVILLE, Ohio , May 19, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 80 cents per common sha...

LANCASTER COLONY REPORTS THIRD QUARTER SALES AND EARNINGS

WESTERVILLE, Ohio , May 5, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal third quarter ended March 31, 2022. Summary Consolidated net s...

LANCASTER COLONY TO WEBCAST THIRD QUARTER FISCAL YEAR 2022 CONFERENCE CALL

WESTERVILLE, Ohio , April 21, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its third quarter fiscal year 2022 financial results prior to the open...

LANCASTER COLONY CORPORATION ANNOUNCES AGREEMENT TO BE SOLE SUPPLIER OF ARBY'S® SAUCES TO RETAILERS

WESTERVILLE, Ohio, March 21, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today an agreement with Arby's Restaurant Group, Inc. to supply Arby's® popular Horsey Sauce® and ...

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LANCASTER COLONY REPORTS SECOND QUARTER SALES AND EARNINGS

WESTERVILLE, Ohio, Feb. 3, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal second quarter ended December 31, 2021. Summary Consolidated n...

LANCASTER COLONY TO WEBCAST SECOND QUARTER FISCAL YEAR 2022 CONFERENCE CALL

WESTERVILLE, Ohio, Jan. 20, 2022 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal year 2022 financial results prior to the openi...

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Lancaster Colony Increases Regular Cash Dividend; Reelects Three Incumbent Directors

WESTERVILLE, Ohio, Nov. 10, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 80 cents per common sha...

Lancaster Colony Reports First Quarter Sales And Earnings

WESTERVILLE, Ohio, Nov. 3, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal first quarter ended September 30, 2021. Summary Consolidated n...

Earnings Preview: Lancaster Colony (LANC) Q1 Earnings Expected to Decline

Lancaster Colony (LANC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Lancaster Colony To Webcast First Quarter Fiscal Year 2022 Conference Call

WESTERVILLE, Ohio, Oct. 20, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its first quarter fiscal year 2022 financial results prior to the openin...

New Strong Sell Stocks for September 30th

ASH, BVN, LANC, MCB, and VRT have been added to the Zacks Rank #5 (Strong Sell) List on September 30, 2021.

Other symbols: ASHBVNMCBVRT

Lancaster Colony Reports Fourth Quarter And Fiscal Year Results

WESTERVILLE, Ohio, Aug. 26, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) today reported results for the company's fiscal fourth quarter and fiscal year ended June 30, 2021. Summary C...

Lancaster Colony Continues Higher Cash Dividend; Board Of Directors Sets Annual Meeting Date And Time

WESTERVILLE, Ohio, Aug. 18, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has declared a quarterly cash dividend of 75 cents per common sha...

Lancaster Colony To Webcast Fourth Quarter And Fiscal Year 2021 Conference Call

WESTERVILLE, Ohio, Aug. 12, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its fourth quarter and fiscal year 2021 financial results prior to the o...

Lancaster Colony (LANC) Q3 Earnings Miss Estimates

Lancaster Colony (LANC) delivered earnings and revenue surprises of -16.67% and 6.99%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Recap: Lancaster Colony Q3 Earnings

Shares of Lancaster Colony (NASDAQ:LANC) were unchanged after the company reported Q3 results. Quarterly Results Earnings per share rose 29.63% year over year to $1.05, which missed the estimate of $1.24.

Lancaster Colony To Webcast Third Quarter Fiscal Year 2021 Conference Call

WESTERVILLE, Ohio, April 20, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its third quarter fiscal 2021 financial results prior to the opening of...

Lancaster Colony Appoints Elliot K. Fullen To Board Of Directors

WESTERVILLE, Ohio, Feb. 24, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that its Board of Directors has appointed Elliot K. Fullen to the Company's Board of Director...

Lancaster Colony (LANC) Surpasses Q2 Earnings and Revenue Estimates

Lancaster Colony (LANC) delivered earnings and revenue surprises of 12.50% and 2.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

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Lancaster Colony To Webcast Second Quarter Fiscal Year 2021 Conference Call

WESTERVILLE, Ohio, Jan. 21, 2021 /PRNewswire/ -- Lancaster Colony Corporation (Nasdaq: LANC) announced today that it will release its second quarter fiscal 2021 financial results prior to the opening of...

Lancaster Colony: Q1 Earnings Insights

  Shares of Lancaster Colony (NASDAQ:LANC) were unchanged after the company reported Q1 results.