TSE:L Q3 EPS Estimate Boosted by National Bank Financial

Key Points

• National Bank Financial has raised its Q3 2025 EPS estimate for Loblaw Companies to $2.72, slightly up from their previous forecast of $2.71.
• Several analysts have upgraded price targets for Loblaw Companies' stock, with adjustments ranging from C$215 to C$267, reflecting a strong market sentiment.
• Loblaw announced a quarterly dividend of $0.5643, with an annualized yield of 1.02%, demonstrating its commitment to returning value to shareholders.

Loblaw Companies Limited (TSE:L - Free Report) - Investment analysts at National Bank Financial lifted their Q3 2025 earnings per share estimates for shares of Loblaw Companies in a research report issued on Thursday, July 24th. National Bank Financial analyst V. Shreedhar now forecasts that the company will post earnings per share of $2.72 for the quarter, up from their previous forecast of $2.71. 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 2026 earnings at $3.04 EPS and FY2026 earnings at $10.37 EPS.

Several other brokerages have also commented on L. Scotiabank raised 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 report on Thursday, May 1st. Desjardins raised their price objective on shares of Loblaw Companies from C$230.00 to C$235.00 and gave the stock a "hold" rating in a report on Friday. UBS Group raised their price objective on shares of Loblaw Companies from C$210.00 to C$253.00 in a report on Thursday, May 1st. National Bankshares raised their price objective on shares of Loblaw Companies from C$235.00 to C$242.00 and gave the stock an "outperform" rating in a report on Friday. Finally, CIBC raised their price objective on shares of Loblaw Companies from C$208.00 to C$234.00 and gave the stock an "outperform" rating in a report on Thursday, May 1st. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$244.50.

Loblaw Companies Stock Performance

L stock traded up C$4.10 during midday trading on Monday, reaching C$225.53. 304,787 shares of the company's stock traded hands, compared to its average volume of 399,557. The company has a 50-day moving average price of C$223.84 and a two-hundred day moving average price of C$205.76. The company has a debt-to-equity ratio of 166.11, a quick ratio of 0.68 and a current ratio of 1.29. Loblaw Companies has a 52 week low of C$162.59 and a 52 week high of C$235.17. The firm has a market capitalization of C$68.19 billion, a PE ratio of 30.61, a price-to-earnings-growth ratio of 3.23 and a beta of 0.17.

Loblaw Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Stockholders of record on Monday, September 15th will be given a dividend of $0.5643 per share. This represents a $2.26 dividend on an annualized basis and a dividend yield of 1.00%. Loblaw Companies's dividend payout ratio (DPR) is presently 27.83%.

Insider Activity

In other Loblaw Companies news, Senior Officer Kieran Barry Columb sold 500 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of C$213.87, for a total value of C$106,932.55. Also, Senior Officer Nicholas Henn sold 4,000 shares of Loblaw Companies stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of C$227.00, for a total transaction of C$908,000.00. In the last quarter, insiders sold 27,328 shares of company stock valued at $6,132,567. 53.77% of the stock is currently owned by corporate insiders.

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.