TSE:L Loblaw Companies (L) Stock Price, News & Analysis → They said crypto was dead. It went up 100X. (From InvestorPlace) (Ad) Free L Stock Alerts C$149.84 -0.80 (-0.53%) (As of 03/18/2024 ET) Add Compare Share Share Today's RangeC$149.71▼C$151.1850-Day RangeC$126.58▼C$151.5052-Week RangeC$110.52▼C$152.00Volume382,116 shsAverage Volume383,726 shsMarket CapitalizationC$46.34 billionP/E Ratio23.02Dividend Yield1.19%Price TargetC$153.29 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Loblaw Companies alerts: Email Address Loblaw Companies MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside2.3% UpsideC$153.29 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.08Based on 13 Articles This WeekInsider TradingSelling SharesC$9.05 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.29 out of 5 stars 2.4 Analyst's Opinion Consensus RatingLoblaw Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$153.29, Loblaw Companies has a forecasted upside of 2.3% from its current price of C$149.84.Amount of Analyst CoverageLoblaw Companies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for L. Previous Next 1.7 Dividend Strength Dividend YieldLoblaw Companies pays a meaningful dividend of 1.18%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLoblaw Companies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Loblaw Companies is 27.34%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for L. Previous Next 2.8 News and Social Media Coverage News SentimentLoblaw Companies has a news sentiment score of 0.08. 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 lower news sentiment than the 0.36 average news sentiment score of Consumer Defensive companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Loblaw Companies this week, compared to 3 articles on an average week.Search Interest14 people have searched for L on MarketBeat in the last 30 days. This is an increase of 27% compared to the previous 30 days.MarketBeat Follows9 people have added Loblaw Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 800% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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$9,047,163.00 in company stock.Percentage Held by Insiders54.77% 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 InstitutionsOnly 22.03% of the stock of Loblaw Companies is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Loblaw Companies is 23.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 156.23.Price to Earnings Ratio vs. SectorThe P/E ratio of Loblaw Companies is 23.02, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 1,066.63.Price to Earnings Growth RatioLoblaw Companies has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLoblaw Companies has a P/B Ratio of 4.12. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now About Loblaw Companies Stock (TSE:L)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.Read More L Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart L Stock News HeadlinesMarch 17, 2024 | insidertrades.comLoblaw Companies Limited (TSE:L) Senior Officer Kieran Barry Columb Sells 6,955 SharesMarch 14, 2024 | insidertrades.comLoblaw Companies Limited (TSE:L) Senior Officer Robert Wayne Wiebe Sells 16,583 SharesMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 11, 2024 | insidertrades.comLoblaw Companies Limited (TSE:L) Director Willard Galen Garfield Weston Sells 13,354 SharesMarch 18, 2024 | yahoo.comChocolate is getting more expensive, with no signs of slowing, due to of cacao shortageMarch 15, 2024 | americanbankingnews.comLoblaw Companies Limited (TSE:L) Senior Officer Sells C$2,487,450.00 in StockMarch 15, 2024 | msn.comLoblaws is now checking receipts when you leave some stores because of 'organized crime'March 14, 2024 | msn.comMichigan school shooter's father convicted of manslaughterMarch 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 13, 2024 | msn.comNYT: Insurance premiums skyrocket as technology in cars tattles on driversMarch 13, 2024 | barrons.comLoblaw Cos. Ltd.March 13, 2024 | americanbankingnews.comLoblaw Companies Limited (TSE:L) Receives Average Rating of "Moderate Buy" from AnalystsMarch 10, 2024 | americanbankingnews.comWillard Galen Garfield Weston Sells 13,354 Shares of Loblaw Companies Limited (TSE:L) StockMarch 9, 2024 | americanbankingnews.comLoblaw Companies Limited (TSE:L) Senior Officer Sells C$1,014,322.76 in StockMarch 4, 2024 | finance.yahoo.comLOBLAW COMPANIES LIMITED COMPLETES ISSUANCE OF $400 MILLION OF SENIOR UNSECURED NOTESFebruary 27, 2024 | finance.yahoo.comLoblaw Companies Full Year 2023 Earnings: EPS Misses ExpectationsFebruary 23, 2024 | msn.comLoblaw sees profit increase as customers turn to discount brands amid inflationFebruary 23, 2024 | financialpost.comLoblaw profit and sales riseFebruary 23, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Consumer Goods Companies: Sprouts Farmers (SFM) and Loblaw Companies (OtherLBLCF)February 23, 2024 | ca.finance.yahoo.comLive news: Loblaw shares spike to all-time high twice in one weekFebruary 22, 2024 | msn.comCanadian retailer Loblaw beats quarterly profit estimatesFebruary 22, 2024 | theglobeandmail.comLoblaw profit, sales gain as inflation-weary shoppers visit discount banners, opt for private-label brandsFebruary 21, 2024 | msn.comLoblaw to expand Canadian presence with C$2bn investmentFebruary 8, 2024 | morningstar.comLoblaw Companies Ltd LFebruary 4, 2024 | ca.news.yahoo.comHow will Manulife-Loblaw deal on specialty drugs impact you?February 2, 2024 | msn.comTrudeau calls out Poilievre after top Conservative adviser is tied to Loblaw lobbyingJanuary 31, 2024 | msn.comManulife Won't Cover Specialty Drugs For Some People Anymore Unless It's From LoblawsSee More Headlines 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. Email Address Company Calendar Ex-Dividend for 12/30 Dividend12/14/2023Dividend Payable12/30/2023Last Earnings2/22/2024Ex-Dividend for 4/1 Dividend3/14/2024Today3/18/2024Dividend Payable4/01/2024Next Earnings (Estimated)5/01/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorConsumer Defensive Industry Grocery Stores Sub-IndustryN/A Current SymbolTSE:L CUSIPN/A CIKN/A Webwww.loblaw.ca Phone+1-905-4592500FaxN/AEmployees220,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$153.29 High Stock Price TargetC$172.00 Low Stock Price TargetC$145.00 Potential Upside/Downside+2.3%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.51 Trailing P/E Ratio23.02 Forward P/E Ratio17.81 P/E Growth2.53Net IncomeC$2.09 billion Net Margins3.53% Pretax MarginN/A Return on Equity18.96% Return on Assets5.80% Debt Debt-to-Equity Ratio156.41 Current Ratio1.25 Quick Ratio0.68 Sales & Book Value Annual SalesC$59.53 billion Price / Sales0.78 Cash FlowC$6.46 per share Price / Cash Flow23.18 Book ValueC$36.35 per share Price / Book4.12Miscellaneous Outstanding Shares309,260,000Free FloatN/AMarket CapC$46.34 billion OptionableNot Optionable Beta0.11 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Richard DufresneCFO & Member of Management BoardMr. Jeffery LegerMember of Management Board & President of Shoppers Drug MartMr. Per Bank (Age 57)President, CEO & Member of Management Board Mr. Mark W. H. Wilson (Age 53)Executive VP, Chief Human Resources Officer & Member of Management Board Mr. Ian FreedmanMember of Management Board & President of Joe FreshRobert WiebeChief Administrative Officer & Member of Management BoardNicholas HennExecutive VP, Chief Legal Officer, Secretary & Member of Management BoardDavid MarkwellExecutive VP, Chief Technology & Analytics Officer and Member of Management BoardFrank GambioliPresident of Market & Superstore Division and Member of Management BoardMary MacIsaacSenior VP of Marketing & Control Brands and Member of Management BoardMore ExecutivesKey CompetitorsAlimentation Couche-TardTSE:ATD.AAlimentation Couche-TardTSE:ATD.BGeorge WestonTSE:WNMetroTSE:MRUDollaramaTSE:DOLView All CompetitorsInsidersRobert Wayne WiebeSold 16,583 sharesTotal: C$2.49 M ($150.00/share)Willard Galen Garfield WestonSold 13,354 sharesTotal: C$1.95 M ($145.84/share)Kieran Barry ColumbSold 6,955 sharesTotal: C$1.01 M ($145.84/share)Jeffrey Francis LegerSold 10,000 sharesTotal: C$1.48 M ($147.50/share)Jeffrey Francis LegerSold 10,000 sharesTotal: C$1.46 M ($146.00/share)View All Insider Transactions Should I Buy Loblaw Companies Stock? L Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Loblaw Companies was last updated on Sunday, March 17, 2024 at 4:50 PM. Pros Here are some ways that investors could benefit from investing in Loblaw Companies Limited: Loblaw Companies Limited has a diversified business model, operating in both the Retail and Financial Services segments, which can provide stability and multiple revenue streams. The company offers a wide range of products and services, including grocery, pharmacy, healthcare, financial services, and wireless mobile products, catering to various consumer needs. Loblaw Companies Limited has a strong presence in Canada with a long history dating back to 1919, indicating stability and experience in the market. The PC Optimum loyalty program offered by the company can enhance customer retention and drive repeat business, potentially leading to increased revenues. Recent stock price movements indicate potential growth opportunities for investors, with the stock showing positive momentum in the market. Cons Investors should be bearish about investing in Loblaw Companies Limited for these reasons: Market competition in the grocery and pharmacy sector in Canada is intense, which could impact Loblaw Companies Limited's market share and profitability. Regulatory changes or challenges in the healthcare or financial services industry could affect the company's operations and financial performance. Consumer preferences and shopping habits are evolving, posing a risk to traditional retail models like those operated by Loblaw Companies Limited. Economic uncertainties or fluctuations in consumer spending patterns may impact the company's revenue and profitability in the short term. Investors should carefully monitor industry trends and company performance to make informed decisions about investing in Loblaw Companies Limited. L Stock Analysis - Frequently Asked Questions Should I buy or sell Loblaw Companies stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loblaw Companies in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" L shares. View L analyst ratings or view top-rated stocks. What is Loblaw Companies' stock price target for 2024? 6 equities research analysts have issued 12-month price objectives for Loblaw Companies' stock. Their L share price targets range from C$145.00 to C$172.00. On average, they predict the company's share price to reach C$153.29 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View analysts price targets for L or view top-rated stocks among Wall Street analysts. How have L shares performed in 2024? Loblaw Companies' stock was trading at C$128.28 at the beginning of 2024. Since then, L stock has increased by 16.8% and is now trading at C$149.84. View the best growth stocks for 2024 here. When is Loblaw Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our L earnings forecast. How were Loblaw Companies' earnings last quarter? Loblaw Companies Limited (TSE:L) released its earnings results on Thursday, February, 22nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.92 by $0.08. The company had revenue of $14.53 billion for the quarter, compared to the consensus estimate of $14.58 billion. Loblaw Companies had a trailing twelve-month return on equity of 18.96% and a net margin of 3.53%. How often does Loblaw Companies pay dividends? What is the dividend yield for Loblaw Companies? Loblaw Companies announced a quarterly dividend on Thursday, March 14th. Investors of record on Monday, April 1st will be paid a dividend of 0.446 per share on Monday, April 1st. This represents a $1.78 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for L. Is Loblaw Companies a good dividend stock? Loblaw Companies (TSE:L) pays an annual dividend of C$1.78 per share and currently has a dividend yield of 1.18%. The dividend payout ratio is 27.34%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for L. What other stocks do shareholders of Loblaw Companies own? Based on aggregate information from My MarketBeat watchlists, some companies that other Loblaw Companies investors own include George Weston (WN), Enbridge (ENB), Toronto-Dominion Bank (TD), Suncor Energy (SU), Bank of Nova Scotia (BNS), Royal Bank of Canada (RY), BCE (BCE), Bank of Montreal (BMO), Dollarama (DOL) and Manulife Financial (MFC). 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. This page (TSE:L) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportThey said crypto was dead. It went up 100X.InvestorPlaceThe world’s greatest investmentPorter & CompanyMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Loblaw Companies Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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