TSE:L Q2 EPS Forecast Cut by National Bank Financial

Loblaw Companies Limited (TSE:L - Free Report) - Investment analysts at National Bank Financial dropped their Q2 2025 earnings per share estimates for Loblaw Companies in a research report issued to clients and investors on Tuesday, July 8th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings per share of $2.34 for the quarter, down from their prior forecast of $2.35. The consensus estimate for Loblaw Companies' current full-year earnings is $9.12 per share. National Bank Financial also issued estimates for Loblaw Companies' Q3 2025 earnings at $2.71 EPS, FY2025 earnings at $9.45 EPS and Q2 2026 earnings at $2.59 EPS.

Other equities research analysts have also issued research reports about the company. BMO Capital Markets boosted their price target on Loblaw Companies from C$200.00 to C$220.00 in a research note on Thursday, May 1st. UBS Group boosted their price target on Loblaw Companies from C$210.00 to C$253.00 in a report on Thursday, May 1st. Royal Bank Of Canada increased their price target on Loblaw Companies from C$215.00 to C$234.00 in a report on Monday, April 14th. Scotiabank increased their price target on Loblaw Companies from C$215.00 to C$245.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, Desjardins upped their price objective on shares of Loblaw Companies from C$185.00 to C$230.00 and gave the company a "hold" rating in a research report on Thursday, May 1st. One analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of C$237.00.

Loblaw Companies Stock Performance

Shares of TSE L traded up C$2.40 during midday trading on Friday, reaching C$224.03. 343,452 shares of the company were exchanged, compared to its average volume of 402,949. The company has a current ratio of 1.29, a quick ratio of 0.68 and a debt-to-equity ratio of 166.11. Loblaw Companies has a 1 year low of C$162.59 and a 1 year high of C$235.17. The stock has a fifty day simple moving average of C$223.72 and a 200 day simple moving average of C$203.27. The stock has a market cap of C$67.74 billion, a P/E ratio of 30.41, a PEG ratio of 3.23 and a beta of 0.17.

Insider Activity

In other Loblaw Companies news, Senior Officer Kieran Barry Columb sold 500 shares of the business's stock in a transaction on Monday, May 12th. The shares were sold at an average price of C$213.87, for a total transaction of C$106,932.55. Also, Senior Officer Nicholas Henn sold 4,000 shares of the stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of C$227.00, for a total transaction of C$908,000.00. Over the last 90 days, insiders have sold 27,328 shares of company stock worth $6,132,567. Insiders own 53.77% of the company's stock.

Loblaw Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 1st. Investors of record on Tuesday, July 1st were issued a $0.5643 dividend. The ex-dividend date was Friday, June 13th. This is a boost from Loblaw Companies's previous quarterly dividend of $0.51. This represents a $2.26 dividend on an annualized basis and a yield of 1.01%. Loblaw Companies's dividend payout ratio is currently 27.83%.

About Loblaw Companies

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.