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 38.2% and is now trading at C$177.33. View the best growth stocks for 2024 here .

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) issued its earnings results on Thursday, July, 25th. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.14 by $0.01. The business earned $13.95 billion during the quarter, compared to analyst estimates 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) , Bank of Nova Scotia (BNS) , BCE (BCE) , Suncor Energy (SU) and Royal Bank of Canada (RY) .

TSE:L

Loblaw Companies (L) Stock Price, News & Analysis

C$177.33

+0.22 (+0.12%)

(As of 10/17/2024 ET)

Compare

About Loblaw Companies Stock (TSE:L)

Advanced Chart

Get Loblaw Companies alerts:

Key Stats

Today's Range: C$176.83
▼
C$178.64
50-Day Range: C$164.56
▼
C$180.80
52-Week Range: C$110.52
▼
C$182.19
Volume: 268,706 shs
Average Volume: 363,206 shs
Market Capitalization: C$54.15 billion
P/E Ratio: 26.87
Dividend Yield: 1.16%
Price Target: C$176.43
Consensus Rating: Moderate Buy

Company Overview

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.

Loblaw Companies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

35th Percentile Overall Score

L MarketRank™:

Loblaw Companies scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Consensus Rating
Loblaw Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Loblaw Companies has only been the subject of 3 research reports in the past 90 days.
Read more about Loblaw Companies' stock forecast and price target.

Price to Earnings Ratio vs. the Market
The P/E ratio of Loblaw Companies is 26.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Loblaw Companies is 26.87, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 199.25.
Price to Earnings Growth Ratio
Loblaw Companies has a PEG Ratio of 3.23. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Loblaw Companies has a P/B Ratio of 4.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Read more about Loblaw Companies' valuation and earnings.

Short Interest
There is no current short interest data available for L.

Dividend Yield
Loblaw Companies pays a meaningful dividend of 1.16%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Loblaw Companies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Loblaw Companies is 31.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Read more about Loblaw Companies' dividend.

Short Interest
There is no current short interest data available for L.

News Sentiment
Loblaw Companies has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.31 average news sentiment score of Consumer Defensive companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Loblaw Companies this week, compared to 3 articles on an average week.
Search Interest
Only 14 people have searched for L on MarketBeat in the last 30 days. This is a decrease of -93% compared to the previous 30 days.
MarketBeat Follows
4 people have added Loblaw Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

Insider Buying vs. Insider Selling
In the past three months, Loblaw Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$75,968.00 in company stock.
Percentage Held by Insiders
53.77% of the stock of Loblaw Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 20.72% of the stock of Loblaw Companies is held by institutions.
Read more about Loblaw Companies' insider trading history.

Receive L Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Loblaw Companies and its competitors with MarketBeat's FREE daily newsletter.

L Stock News Headlines

Is Loblaw Stock a Buy for its 1.2% Dividend Yield?

October 16 at 12:01 PM | msn.com

Loblaw Companies (TSE:L) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

October 16 at 3:29 AM | americanbankingnews.com

The real reason Elon is fully endorsing Trump

October 17, 2024 | Porter & Company (Ad)

Is Loblaw Companies Limited's (TSE:L) Stock's Recent Performance A Reflection Of Its Financial Health?

October 11, 2024 | finance.yahoo.com

Several foods sold in Quebec are being recalled including items from PC, Kirkland & No Name

October 4, 2024 | msn.com

What high grocery prices say about the dysfunction in Canada’s economy

September 30, 2024 | theglobeandmail.com

Loblaw Companies (TSX:L) Expands Maxi and No Frills Stores Amid Q2 Earnings Decline and Legal Settlement

September 25, 2024 | finance.yahoo.com

Forget big tech. Boring companies are the new hot stocks

September 21, 2024 | theglobeandmail.com

See More Headlines

L Stock Analysis - Frequently Asked Questions

: Loblaw Companies' stock was trading at C$128.28 on January 1st, 2024. Since then, L stock has increased by 38.2% and is now trading at C$177.33.
View the best growth stocks for 2024 here.
: Loblaw Companies Limited (TSE:L) issued its earnings results on Thursday, July, 25th. The company reported $2.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.14 by $0.01. The business earned $13.95 billion during the quarter, compared to analyst estimates of $14.07 billion. Loblaw Companies had a trailing twelve-month return on equity of 19.22% and a net margin of 3.46%.
: 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.
: 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), Bank of Nova Scotia (BNS), BCE (BCE), Suncor Energy (SU) and Royal Bank of Canada (RY).