QQQ   438.07 (+2.93%)
AAPL   184.37 (+1.12%)
MSFT   411.65 (+2.35%)
META   486.13 (+3.87%)
GOOGL   144.09 (+1.08%)
AMZN   174.58 (+3.55%)
TSLA   197.41 (+1.36%)
NVDA   785.38 (+16.40%)
NIO   5.85 (-2.01%)
AMD   181.86 (+10.69%)
BABA   76.12 (+0.70%)
T   16.59 (-2.41%)
F   12.12 (-0.16%)
MU   85.91 (+5.42%)
CGC   3.37 (-2.03%)
GE   151.67 (+1.74%)
DIS   107.63 (-0.04%)
AMC   4.42 (-3.28%)
PFE   27.55 (-0.43%)
PYPL   58.35 (+1.51%)
XOM   104.76 (-0.09%)
QQQ   438.07 (+2.93%)
AAPL   184.37 (+1.12%)
MSFT   411.65 (+2.35%)
META   486.13 (+3.87%)
GOOGL   144.09 (+1.08%)
AMZN   174.58 (+3.55%)
TSLA   197.41 (+1.36%)
NVDA   785.38 (+16.40%)
NIO   5.85 (-2.01%)
AMD   181.86 (+10.69%)
BABA   76.12 (+0.70%)
T   16.59 (-2.41%)
F   12.12 (-0.16%)
MU   85.91 (+5.42%)
CGC   3.37 (-2.03%)
GE   151.67 (+1.74%)
DIS   107.63 (-0.04%)
AMC   4.42 (-3.28%)
PFE   27.55 (-0.43%)
PYPL   58.35 (+1.51%)
XOM   104.76 (-0.09%)
QQQ   438.07 (+2.93%)
AAPL   184.37 (+1.12%)
MSFT   411.65 (+2.35%)
META   486.13 (+3.87%)
GOOGL   144.09 (+1.08%)
AMZN   174.58 (+3.55%)
TSLA   197.41 (+1.36%)
NVDA   785.38 (+16.40%)
NIO   5.85 (-2.01%)
AMD   181.86 (+10.69%)
BABA   76.12 (+0.70%)
T   16.59 (-2.41%)
F   12.12 (-0.16%)
MU   85.91 (+5.42%)
CGC   3.37 (-2.03%)
GE   151.67 (+1.74%)
DIS   107.63 (-0.04%)
AMC   4.42 (-3.28%)
PFE   27.55 (-0.43%)
PYPL   58.35 (+1.51%)
XOM   104.76 (-0.09%)
QQQ   438.07 (+2.93%)
AAPL   184.37 (+1.12%)
MSFT   411.65 (+2.35%)
META   486.13 (+3.87%)
GOOGL   144.09 (+1.08%)
AMZN   174.58 (+3.55%)
TSLA   197.41 (+1.36%)
NVDA   785.38 (+16.40%)
NIO   5.85 (-2.01%)
AMD   181.86 (+10.69%)
BABA   76.12 (+0.70%)
T   16.59 (-2.41%)
F   12.12 (-0.16%)
MU   85.91 (+5.42%)
CGC   3.37 (-2.03%)
GE   151.67 (+1.74%)
DIS   107.63 (-0.04%)
AMC   4.42 (-3.28%)
PFE   27.55 (-0.43%)
PYPL   58.35 (+1.51%)
XOM   104.76 (-0.09%)
TSE:L

Loblaw Companies (L) Stock Price, News & Analysis

C$142.92
+4.81 (+3.48%)
(As of 02/22/2024 ET)
Today's Range
C$138.13
C$143.51
50-Day Range
C$118.58
C$139.02
52-Week Range
C$110.52
C$143.51
Volume
576,555 shs
Average Volume
322,462 shs
Market Capitalization
C$45.22 billion
P/E Ratio
22.37
Dividend Yield
1.25%
Price Target
C$145.86

Loblaw Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
2.1% Upside
C$145.86 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.24mentions of Loblaw Companies in the last 14 days
Based on 12 Articles This Week
Insider Trading
Selling Shares
C$1.01 M Sold Last Quarter
Proj. Earnings Growth
N/A

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.

1.06 out of 5 stars


L stock logo

About Loblaw Companies Stock (TSE:L)

Loblaw 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. The company 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.

L Stock Price History

L Stock News Headlines

Will Crypto Make People Rich Again Starting April, 2024?
One catalyst has kicked off every one of the three major crypto bull markets. Now, the same catalyst is set to hit again in April, 2024.
Loblaw Companies Ltd L
Will Crypto Make People Rich Again Starting April, 2024?
One catalyst has kicked off every one of the three major crypto bull markets. Now, the same catalyst is set to hit again in April, 2024.
Stocks in play: Loblaw Companies Limited
L:CA Loblaw Companies Limited
Up 10% in a Month, Is Loblaw Stock a Buy?
Better Buy: Loblaw Stock or Telus?
See 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.

Company Calendar

Last Earnings
7/26/2017
Ex-Dividend for 12/30 Dividend
12/14/2023
Dividend Payable
12/30/2023
Today
2/22/2024
Next Earnings (Confirmed)
2/22/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
221,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$145.86
High Stock Price Target
C$172.00
Low Stock Price Target
C$130.00
Potential Upside/Downside
+2.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$2.08 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$59.01 billion
Cash Flow
C$6.17 per share
Book Value
C$35.81 per share

Miscellaneous

Free Float
N/A
Market Cap
C$45.22 billion
Optionable
Not Optionable
Beta
0.10
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Mr. Richard Dufresne
    CFO & Member of Management Board
  • Mr. Jeffery Leger
    Member of Management Board & President of Shoppers Drug Mart
  • Mr. 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 Freedman
    Member of Management Board & President of Joe Fresh
  • Robert Wiebe
    Chief Administrative Officer & Member of Management Board
  • Nicholas Henn
    Executive VP, Chief Legal Officer, Secretary & Member of Management Board
  • David Markwell
    Executive VP, Chief Technology & Analytics Officer and Member of Management Board
  • Frank Gambioli
    President of Market Division & Member of Management Board
  • Mary MacIsaac
    Senior VP of Marketing & Member of Management Board

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 Tuesday, February 20, 2024 at 10:30 PM.














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 2 hold ratings and 4 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 Wall Street analysts have issued 1-year target prices for Loblaw Companies' shares. Their L share price targets range from C$130.00 to C$172.00. On average, they anticipate the company's share price to reach C$145.86 in the next twelve months. This suggests a possible upside of 2.1% 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 the year. Since then, L stock has increased by 11.4% and is now trading at C$142.92.
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 Thursday, February 22nd 2024.
View our L earnings forecast
.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) posted its earnings results on Wednesday, July, 26th. The company reported $1.11 EPS for the quarter, beating analysts' consensus estimates of $1.10 by $0.01. The company earned $11.08 billion during the quarter, compared to analyst estimates of $10.96 billion. Loblaw Companies had a net margin of 3.54% and a trailing twelve-month return on equity of 18.60%.

How often does Loblaw Companies pay dividends? What is the dividend yield for Loblaw Companies?

Loblaw Companies declared a quarterly dividend on Thursday, December 14th. Stockholders of record on Saturday, December 30th will be paid a dividend of 0.446 per share on Saturday, December 30th. This represents a $1.78 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, December 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 1.29%. The dividend payout ratio is 27.86%. 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 2/22/2024 by MarketBeat.com Staff