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TSE:L

Loblaw Companies (L) Stock Price, News & Analysis

C$180.48
+0.01 (+0.01%)
(As of 02:54 PM ET)
Today's Range
C$179.92
C$182.19
50-Day Range
C$162.82
C$180.47
52-Week Range
C$110.52
C$182.19
Volume
113,001 shs
Average Volume
357,049 shs
Market Capitalization
C$55.12 billion
P/E Ratio
27.35
Dividend Yield
1.14%
Price Target
C$176.43

Loblaw Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
2.0% Downside
C$176.43 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.26mentions of Loblaw Companies in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
C$75,968 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.84 out of 5 stars

L stock logo

About Loblaw Companies Stock (TSE:L)

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores. This segment also includes in-store pharmacies, health care services, other health and beauty product stores, apparel stores, and other general merchandise stores. The Financial Services segment provides credit card and banking services, the PC Optimum loyalty program, insurance brokerage services, and telecommunication services. The company offers PC Health app. It provides its products and services under various brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited.

L Stock Price History

L Stock News Headlines

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Loblaw Companies Ltd (L8G.MU)
Loblaw Companies Ltd (L8G.SG)
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Last Earnings
7/25/2024
Ex-Dividend for 10/1 Dividend
9/13/2024
Today
9/16/2024
Dividend Payable
10/01/2024
Next Earnings (Estimated)
11/20/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
Insurance
CIK
N/A
Fax
N/A
Employees
12,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$176.43
High Stock Price Target
C$189.00
Low Stock Price Target
C$161.00
Potential Upside/Downside
-2.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$2.08 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$60.32 billion
Cash Flow
C$7.79 per share
Book Value
C$36.08 per share

Miscellaneous

Free Float
N/A
Market Cap
C$55.11 billion
Optionable
Not Optionable
Beta
0.17
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Key Executives

  • Mr. Per Bank (Age 57)
    President, CEO & Member of Management Board
    Comp: $16.88M
  • Mr. Richard Dufresne
    CFO & Member of Management Board
  • Mr. Jeffery Leger
    Member of Management Board & President of Shoppers Drug Mart
  • Mr. Mark W. H. Wilson (Age 53)
    Executive VP, Chief Human Resources Officer & Member of Management Board
  • Mr. Ian Freedman
    Member of Management Board & President of Joe Fresh
  • Robert Wiebe
    Chief Administrative Officer & Member of Management Board
  • Nicholas Henn
    Executive VP, Chief Legal Officer, Secretary & Member of Management Board
  • David Markwell
    Executive VP, Chief Technology & Analytics Officer and Member of Management Board
  • Frank Gambioli
    President of Market & Superstore Division and Member of Management Board
  • Mary MacIsaac
    Senior VP of Marketing & Control Brands and Member of Management Board

Should I Buy Loblaw Companies Stock? L Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Loblaw Companies Limited:

  • Loblaw Companies Limited has received a consensus rating of "Moderate Buy" from analysts, with a majority of research firms issuing buy recommendations, indicating positive sentiment towards the company's future performance.
  • Recent insider buying and selling activities suggest confidence in the company's growth prospects. Despite some selling, the overall sentiment remains positive among key stakeholders.
  • Loblaw Companies Limited's stock price has recently hit a new 1-year high at C$24.00, indicating strong upward momentum and potential for further price appreciation.
  • The company's quarterly earnings report exceeded analysts' expectations, with earnings per share of C$2.15, showcasing strong financial performance and profitability.
  • With a market capitalization of C$53.72 billion, Loblaw Companies Limited is a significant player in the industry, offering stability and potential for long-term growth.

Cons

Investors should be bearish about investing in Loblaw Companies Limited for these reasons:

  • Despite the positive outlook, Loblaw Companies Limited's stock performance has shown a slight decline of 0.1%, indicating potential volatility in the market and uncertainty regarding future price movements.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 10, 2024. Please send any questions or comments about these Loblaw Companies pros and cons to contact@marketbeat.com.

L Stock Analysis - Frequently Asked Questions

How have L shares performed this year?

Loblaw Companies' stock was trading at C$128.28 on January 1st, 2024. Since then, L stock has increased by 40.3% and is now trading at C$179.98.
View the best growth stocks for 2024 here
.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) announced its earnings results on Thursday, July, 25th. The company reported $2.15 EPS for the quarter, topping the consensus estimate of $2.14 by $0.01. The firm earned $13.95 billion during the quarter, compared to analysts' expectations of $14.07 billion. Loblaw Companies had a net margin of 3.46% and a trailing twelve-month return on equity of 19.22%.

How do I buy shares of Loblaw Companies?

Shares of L stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Loblaw Companies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Loblaw Companies investors own include George Weston (WN), Enbridge (ENB), Toronto-Dominion Bank (TD), Suncor Energy (SU), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY) and BCE (BCE).

This page (TSE:L) was last updated on 9/16/2024 by MarketBeat.com Staff

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