TSE:L Q2 EPS Estimate Lifted by National Bank Financial

Loblaw Companies Limited (TSE:L - Free Report) - Equities research analysts at National Bank Financial boosted their Q2 2025 earnings per share (EPS) estimates for Loblaw Companies in a research report issued to clients and investors on Wednesday, April 30th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings per share of $2.35 for the quarter, up from their previous forecast of $2.33. The consensus estimate for Loblaw Companies' current full-year earnings is $9.12 per share. National Bank Financial also issued estimates for Loblaw Companies' Q1 2026 earnings at $2.11 EPS and Q2 2026 earnings at $2.60 EPS.

Several other equities research analysts have also weighed in on the stock. Scotiabank increased their price objective on shares of Loblaw Companies from C$215.00 to C$245.00 and gave the stock an "outperform" rating in a research note on Thursday. National Bankshares raised their price target on Loblaw Companies from C$207.00 to C$234.00 and gave the stock an "outperform" rating in a report on Thursday. Desjardins upped their price objective on Loblaw Companies from C$185.00 to C$230.00 and gave the stock a "hold" rating in a research note on Thursday. BMO Capital Markets raised their target price on Loblaw Companies from C$200.00 to C$220.00 in a research note on Thursday. Finally, TD Securities upped their price target on shares of Loblaw Companies from C$195.00 to C$245.00 and gave the stock a "buy" rating in a research report on Thursday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Loblaw Companies presently has a consensus rating of "Moderate Buy" and an average price target of C$236.88.

Loblaw Companies Stock Up 0.0 %

TSE:L opened at C$223.85 on Friday. The stock has a 50-day simple moving average of C$199.85 and a 200 day simple moving average of C$188.79. Loblaw Companies has a one year low of C$152.39 and a one year high of C$225.43. The company has a market capitalization of C$67.68 billion, a price-to-earnings ratio of 30.38, a price-to-earnings-growth ratio of 3.23 and a beta of 0.17. The company has a debt-to-equity ratio of 166.11, a quick ratio of 0.68 and a current ratio of 1.29.

Insider Activity

In other Loblaw Companies news, Director Willard Galen Garfield Weston sold 104,364 shares of the business's stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of C$182.50, for a total value of C$19,046,690.91. Also, Director Richard Dufresne sold 25,783 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$186.55, for a total transaction of C$4,809,847.01. Insiders sold 141,456 shares of company stock worth $25,966,244 over the last quarter. Corporate insiders own 53.77% of the company's stock.

Loblaw Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.513 per share. This represents a $2.05 annualized dividend and a yield of 0.92%. The ex-dividend date was Friday, March 14th. Loblaw Companies's dividend payout ratio (DPR) is currently 27.83%.

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.

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