TSE:L Loblaw Companies (L) Stock Forecast, Price & News C$117.17 -0.03 (-0.03%) (As of 06/6/2023 ET) Add Compare Share Share Today's RangeC$116.38▼C$117.7250-Day RangeC$117.17▼C$128.6652-Week RangeC$105.57▼C$129.25Volume356,632 shsAverage Volume456,488 shsMarket CapitalizationC$37.62 billionP/E Ratio20.41Dividend Yield1.52%Price TargetC$139.94 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media Loblaw Companies MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside19.4% UpsideC$139.94 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment-0.44Based on 3 Articles This WeekInsider TradingSelling SharesC$591,725 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 stars 2.4 Analyst's Opinion Consensus RatingLoblaw Companies has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$139.94, Loblaw Companies has a forecasted upside of 19.4% from its current price of C$117.17.Amount of Analyst CoverageLoblaw Companies has only been the subject of 1 research reports in the past 90 days. 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 1.48%, 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 31.01%. 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 1.4 News and Social Media Coverage News SentimentLoblaw Companies has a news sentiment score of -0.44. 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 0.48 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Loblaw Companies this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for L on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.MarketBeat Follows3 people have added Loblaw Companies to their MarketBeat watchlist in the last 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$591,725.00 in company stock.Percentage Held by Insiders52.89% 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 20.64% 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 20.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.38.Price to Earnings Ratio vs. SectorThe P/E ratio of Loblaw Companies is 20.41, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 333.48.Price to Earnings Growth RatioLoblaw Companies has a PEG Ratio of 10.36. 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 3.34. 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 About Loblaw Companies (TSE:L) StockLoblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses 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, 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 program, insurance brokerage services, and telecommunication services. It also offers PC Health app, a health and wellness app that provides Canadians with access to healthcare resources and support. Loblaw Companies Limited provides its products and services under various brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited operates as a subsidiary of George Weston Limited.Read More 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 L Stock News HeadlinesJune 6, 2023 | msn.comIf You’d Invested $10,000 in Loblaw Stock in 2012, Here’s How Much You’d Have TodayJune 5, 2023 | finance.yahoo.comLoblaw commits Canada's largest grocery brands to partner with food recovery programs - in one-billion-pound promiseJune 7, 2023 | Stansberry Research (Ad)Why 2023 Could Kick Off a "Cash Frenzy" in StocksBut the analyst who called the Lehman Collapse says to expect a "Cash Frenzy" instead.May 31, 2023 | msn.comGrocery Wars: Loblaw Stock vs. MetroMay 30, 2023 | ca.finance.yahoo.comManulife Financial: Why I Wouldn’t Give Up on the StockMay 26, 2023 | ca.finance.yahoo.comLoblaw winding down third-party marketplace, focusing on pharmacy and grocery onlineMay 26, 2023 | theglobeandmail.comNo more strollers and mattresses with your grocery order: Loblaw to axe e-commerce marketplace for third-party sellersMay 26, 2023 | baystreet.caInsider Trades: Loblaw Companies LimitedJune 7, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 25, 2023 | markets.businessinsider.comLoblaw To Buy Five Hydrogen Fuel Cell Trucks From KenworthMay 25, 2023 | msn.comLoblaw will buy five hydrogen fuel cell trucksMay 25, 2023 | finance.yahoo.comLoblaw to purchase five hydrogen fuel cell trucks, as effort to reimagine zero-emission long-haul deliveries beginsMay 16, 2023 | theglobeandmail.comClosing Bell: Loblaw Companies Ltd 2nd Pref Ser B down on Monday (L-PR-B)May 10, 2023 | finance.yahoo.comReturns At Loblaw Companies (TSE:L) Are On The Way UpMay 10, 2023 | americanbankingnews.comLoblaw Companies Limited (TSE:L) Forecasted to Earn Q3 2023 Earnings of $2.29 Per ShareMay 9, 2023 | theglobeandmail.comClosing Bell: Loblaw Companies Ltd 2nd Pref Ser B down on Tuesday (L-PR-B)May 9, 2023 | americanbankingnews.comLoblaw Companies Limited to Post Q3 2023 Earnings of $2.15 Per Share, National Bank Financial Forecasts (TSE:L)May 8, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Agco (AGCO) and Magna International (MGA)May 5, 2023 | americanbankingnews.comDesjardins Weighs in on Loblaw Companies Limited's FY2023 Earnings (TSE:L)May 4, 2023 | markets.businessinsider.comAnalysts Are Neutral on These Consumer Goods Stocks: Loblaw Companies (LBLCF), Revolve Group (RVLV)May 4, 2023 | msn.comLoblaw’s Q1 2023 Results Show Why Shoppers Drug Mart Acquisition Remains a Big WinnerMay 3, 2023 | msn.comLoblaw Stock (TSE:L) Falls after Mixed Q1 Earnings ReportMay 3, 2023 | finance.yahoo.comLoblaw ESG Report reveals 8% reduction in greenhouse gas (GHG) emissions, among many other achievements designed to fight climate change and advance social equityMay 3, 2023 | msn.comLoblaw Companies Non-GAAP EPS of C$1.55, revenue of C$12.99B beats by C$3.34BMay 3, 2023 | msn.comLoblaw reports higher quarterly sales on strong demand for groceries, drugsMay 1, 2023 | americanbankingnews.comLoblaw Companies (L) Scheduled to Post Earnings on WednesdayApril 26, 2023 | americanbankingnews.comLoblaw Companies (TSE:L) PT Raised to C$128.50See More Headlines L Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart L Company Calendar Last Earnings7/26/2017Ex-Dividend for 4/1 Dividend3/14/2023Dividend Payable4/01/2023Today6/06/2023Ex-Dividend for 7/1 Dividend6/14/2023Dividend Payable7/01/2023Next Earnings (Estimated)7/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Grocery Stores Sub-IndustryN/A SectorBusiness Services Current SymbolTSE:L CUSIPN/A CIKN/A Webwww.loblaw.ca Phone+1-905-4592500FaxN/AEmployees12,200Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$139.94 High Stock Price ForecastC$168.00 Low Stock Price ForecastC$124.00 Forecasted Upside/Downside+19.4%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C$5.74 Trailing P/E Ratio20.41 Forward P/E Ratio15.97 P/E Growth10.36Net IncomeC$1.89 billion Net Margins3.32% Pretax MarginN/A Return on Equity16.73% Return on Assets5.73% Debt Debt-to-Equity Ratio150.95 Current Ratio1.36 Quick Ratio0.68 Sales & Book Value Annual SalesC$57.24 billion Price / Sales0.66 Cash FlowC$5.06 per share Price / Cash Flow23.18 Book ValueC$35.12 per share Price / Book3.34Miscellaneous Outstanding Shares321,050,000Free FloatN/AMarket CapC$37.62 billion OptionableOptionable Beta0.06 Key ExecutivesMr. Galen G. Weston B.A. (Age 50)M.B.A, M.B.A., Exec. Chairman, Pres, CEO & Member of Management Board Comp: $2.93MMr. Richard DufresneCFO & Member of Management BoardMs. Jocyanne C. Bourdeau (Age 55)Pres of Discount Division & Member of Management Board Comp: $1.92MMr. Greg RamierPres of Market Division & Member of Management BoardMr. Robert Sawyer (Age 69)COO & Member of Management Board Comp: $3.72MMr. Barry Kieran Columb (Age 58)Pres of Pres's Choice Financial & Member of Management Board Mr. Kevin GrohSr. VP of Corp. Affairs & Communications and Member of Management BoardMr. Mark W. H. Wilson (Age 52)Exec. VP, Chief HR Officer & Member of Management Board Mr. Ian FreedmanMember of Management Board & Pres of Joe FreshMr. Jeffery LegerMember of Management Board & Pres of Shoppers Drug MartMore ExecutivesKey CompetitorsTELUSTSE:TRestaurant Brands InternationalTSE:QSRRogers CommunicationsTSE:RCI.BBCETSE:BCEShaw CommunicationsTSE:SJR.BView All CompetitorsInsidersRichard DufresneSold 5,000 sharesTotal: C$591,725.00 ($118.35/share)Willard Galen Garfield WestonSold 12,002 sharesTotal: C$1.41 M ($117.10/share)Kieran Barry ColumbSold 25,000 sharesTotal: C$3.12 M ($124.78/share)Jocyanne C. BourdeauSold 13,802 sharesTotal: C$1.64 M ($118.50/share)Richard DufresneSold 7,752 sharesTotal: C$883,789.24 ($114.01/share)View All Insider Transactions L Stock - Frequently Asked Questions Should I buy or sell Loblaw Companies stock right now? 5 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 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" L shares. View L analyst ratings or view top-rated stocks. What is Loblaw Companies' stock price forecast for 2023? 5 brokerages have issued 12-month target prices for Loblaw Companies' stock. Their L share price forecasts range from C$124.00 to C$168.00. On average, they anticipate the company's stock price to reach C$139.94 in the next year. This suggests a possible upside of 19.4% 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 2023? Loblaw Companies' stock was trading at C$119.72 at the start of the year. Since then, L stock has decreased by 2.1% and is now trading at C$117.17. View the best growth stocks for 2023 here. When is Loblaw Companies' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our L earnings forecast. How were Loblaw Companies' earnings last quarter? Loblaw Companies Limited (TSE:L) issued its quarterly earnings data on Wednesday, July, 26th. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.10 by $0.01. The company had revenue of $11.08 billion for the quarter, compared to analyst estimates of $10.96 billion. Loblaw Companies had a trailing twelve-month return on equity of 16.73% and a net margin of 3.32%. How often does Loblaw Companies pay dividends? What is the dividend yield for Loblaw Companies? Loblaw Companies declared a quarterly dividend on Wednesday, June 14th. Investors of record on Saturday, July 1st will be paid a dividend of 0.446 per share on Saturday, July 1st. This represents a $1.78 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date is Wednesday, June 14th. This is an increase from the stock's previous quarterly dividend of C$0.41. 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 1.48%. The dividend payout ratio is 31.01%. 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). What is Loblaw Companies' stock symbol? Loblaw Companies trades on the Toronto Stock Exchange (TSX) under the ticker symbol "L." 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 is Loblaw Companies' stock price today? One share of L stock can currently be purchased for approximately C$117.17. How much money does Loblaw Companies make? Loblaw Companies (TSE:L) has a market capitalization of C$37.62 billion and generates C$57.24 billion in revenue each year. The company earns C$1.89 billion in net income (profit) each year or C$5.74 on an earnings per share basis. How many employees does Loblaw Companies have? The company employs 12,200 workers across the globe. How can I contact Loblaw Companies? Loblaw Companies' mailing address is 1 Presidents Choice Cir, BRAMPTON, ON L6Y 5S5, Canada. The official website for the company is www.loblaw.ca. The company can be reached via phone at +1-905-4592500. This page (TSE:L) was last updated on 6/7/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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