FY2026 EPS Forecast for Loblaw Companies Raised by Analyst

Loblaw Companies Limited (TSE:L - Free Report) - Investment analysts at National Bank Financial lifted their FY2026 earnings per share (EPS) estimates for shares of Loblaw Companies in a note issued to investors on Sunday, January 26th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $10.16 per share for the year, up from their previous forecast of $10.11. The consensus estimate for Loblaw Companies' current full-year earnings is $9.12 per share.

A number of other brokerages also recently issued reports on L. UBS Group set a C$225.00 target price on Loblaw Companies and gave the stock a "buy" rating in a research note on Friday, December 13th. CIBC raised their price objective on Loblaw Companies from C$189.00 to C$206.00 in a research note on Thursday, November 14th. Royal Bank of Canada raised their price objective on Loblaw Companies from C$205.00 to C$217.00 and gave the company an "outperform" rating in a research note on Monday, December 9th. TD Securities dropped their price objective on Loblaw Companies from C$203.00 to C$202.00 and set a "buy" rating for the company in a research note on Thursday, November 14th. Finally, National Bankshares raised their price objective on Loblaw Companies from C$188.00 to C$195.00 in a research note on Thursday, November 14th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$201.88.

Loblaw Companies Stock Performance

Shares of Loblaw Companies stock traded up C$0.11 on Tuesday, hitting C$184.49. The stock had a trading volume of 275,549 shares, compared to its average volume of 291,117. The company's 50 day moving average price is C$186.28 and its 200 day moving average price is C$178.43. The company has a current ratio of 1.36, a quick ratio of 0.68 and a debt-to-equity ratio of 163.32. The stock has a market cap of C$56.34 billion, a price-to-earnings ratio of 27.95, a P/E/G ratio of 3.23 and a beta of 0.17. Loblaw Companies has a 52-week low of C$132.55 and a 52-week high of C$196.49.

Loblaw Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 30th were paid a $0.513 dividend. This represents a $2.05 annualized dividend and a dividend yield of 1.11%. The ex-dividend date was Friday, December 13th. Loblaw Companies's dividend payout ratio (DPR) is 31.06%.

Insider Buying and Selling

In related news, Director Christie James Beckett Clark sold 2,105 shares of the business's stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of C$189.69, for a total value of C$399,297.45. Insiders own 53.77% of the company's stock.

Loblaw Companies Company Profile

Loblaw is one of Canada's largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart.