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TSE:L

Loblaw Companies (L) Stock Price, News & Analysis

C$174.25
-1.73 (-0.98%)
(As of 09/6/2024 ET)
Today's Range
C$172.71
C$176.23
50-Day Range
C$158.70
C$175.98
52-Week Range
C$110.52
C$176.88
Volume
326,366 shs
Average Volume
358,798 shs
Market Capitalization
C$53.21 billion
P/E Ratio
26.32
Dividend Yield
1.18%
Price Target
C$176.43

Loblaw Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
1.3% Upside
C$176.43 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.16mentions of Loblaw Companies in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
C$6.04 M 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.

0.73 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

Analysts Set Loblaw Companies Limited (TSE:L) Target Price at C$176.43
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
1 TSX Stock That Could Set You Up for Life
Loblaw Companies Ltd (L8G.MU)
Why billionaires are wiring money to abandoned towns
A new force is brewing in these forgotten towns that could soon turn Appalachia into one of America’s most valuable economic hubs – the beating heart of a new multi-billion-dollar revolution.
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
Today
9/07/2024
Ex-Dividend for 10/1 Dividend
9/13/2024
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
+1.3%
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$7.52 per share
Book Value
C$36.08 per share

Miscellaneous

Free Float
N/A
Market Cap
C$53.21 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' stock recently hit a new 1-year high at $22.61, indicating positive momentum and potential for further growth.
  • The company has a strong dividend payout ratio of 31.01%, providing investors with a steady income stream.
  • Analysts have set a consensus target price of C$176.43, suggesting potential upside for the stock.
  • Loblaw Companies has received a "Moderate Buy" rating from analysts, indicating positive sentiment towards the company's future performance.
  • The company's market capitalization of C$50.73 billion reflects its position as a major player in the industry, offering stability and long-term growth potential.

Cons

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

  • The company's debt-to-equity ratio of 156.41 is relatively high, indicating a significant level of debt that could pose risks in the event of economic downturns.
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 Monday, August 26, 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 at the start of the year. Since then, L stock has increased by 35.8% and is now trading at C$174.25.
View the best growth stocks for 2024 here
.

How were Loblaw Companies' earnings last quarter?

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

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.
Compare Top Brokerages Here.

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 9/7/2024 by MarketBeat.com Staff

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