TSE:L

Loblaw Companies Stock Forecast, Price & News

C$87.43

-0.30 (-0.34 %)

(As of 09/16/2021 04:00 PM ET)

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Today's Range

C$87.32

▼

C$88.04

50-Day Range

C$78.26

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C$91.82

52-Week Range

C$60.86

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C$92.00

Volume280,315 shs

Average Volume574,927 shs

Market CapitalizationC$29.56 billion

P/E Ratio22.34

Dividend Yield1.66%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Loblaw Companies

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 Healthapp, 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 is a subsidiary of George Weston Limited.

Igloolik, Nunavut Northern Teacher Inspires Winter Clothing Support for Students
September 16, 2021 | finance.yahoo.com

Loblaw Companies Limited (TSE:L) Given Average Recommendation of "Buy" by Brokerages
September 14, 2021 | americanbankingnews.com

Loblaw Companies (TSE:L) Hits New 12-Month High at $90.30
September 8, 2021 | americanbankingnews.com

Zoglo's Incredible Food Corp. Adds Canadian Food Industry Icon David Jeffs to Board of Directors
September 7, 2021 | ca.finance.yahoo.com

Loblaw Companies (TSE:L) Reaches New 52-Week High at $89.65
August 31, 2021 | americanbankingnews.com

The NFL wants to grow data and analytics to drive revenue, and just hired former Ford executive Paul Ballew to help
August 19, 2021 | msn.com

ZooShare Biogas Project Goes Live, First of its Kind in Canada
August 19, 2021 | markets.businessinsider.com

Dividend Select 15 Corp. Declares Monthly Dividend
August 18, 2021 | finance.yahoo.com

2 Stocks That Pass the Research Test
August 17, 2021 | msn.com

Why Loblaw Stock Looks Like a Bargain Right Now
August 12, 2021 | msn.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Grocery Stores
Sub-IndustryN/A
SectorServices
Current SymbolTSE:L
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.loblaw.ca
Phone+1-905-4592500
Employees12,200
Year FoundedN/A

Sales & Book Value

Annual SalesC$53.32 billion
Price / Sales0.55
Cash FlowC$6.02 per share
Price / Cash Flow14.52
Book ValueC$31.94 per share
Price / Book2.74

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares338,090,000
Market CapC$29.56 billion
Next Earnings Date11/11/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.86 out of 5 stars

2.5 Analyst's Opinion

Consensus Rating
Loblaw Companies has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$91.56, Loblaw Companies has a forecasted upside of 4.7% from its current price of C$87.43.
Amount of Analyst Coverage
Loblaw Companies has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.5 Community Rank

Outperform Votes
Loblaw Companies has received 590 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Loblaw Companies has received 283 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Loblaw Companies has received 67.58% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Loblaw Companies and other stocks. Vote “Outperform” if you believe L will outperform the S&P 500 over the long term. Vote “Underperform” if you believe L will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Loblaw Companies pays a meaningful dividend of 1.66%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Loblaw Companies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Loblaw Companies is 33.21%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Loblaw Companies insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Loblaw Companies is 22.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of Loblaw Companies is 22.34, which means that it is trading at a less expensive P/E ratio than the Services sector average P/E ratio of about 30.76.
Price to Earnings Growth Ratio
Loblaw Companies has a PEG Ratio of 10.08. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Loblaw Companies has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Loblaw Companies (TSE:L) Frequently Asked Questions

Is Loblaw Companies a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Loblaw Companies in the last twelve months. There are currently 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Loblaw Companies stock.
View analyst ratings for Loblaw Companies or view top-rated stocks.

What stocks does MarketBeat like better than Loblaw Companies?

Wall Street analysts have given Loblaw Companies a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Loblaw Companies wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Loblaw Companies' next earnings date?

Loblaw Companies is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for Loblaw Companies.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) posted its quarterly earnings results on Wednesday, July, 26th. The company reported $1.11 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.10 by $0.01. The company earned $11.08 billion during the quarter, compared to analyst estimates of $10.96 billion.
View Loblaw Companies' earnings history.

How has Loblaw Companies' stock been impacted by COVID-19 (Coronavirus)?

Loblaw Companies' stock was trading at C$66.64 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, L shares have increased by 31.2% and is now trading at C$87.46.
View which stocks have been most impacted by COVID-19.

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

Loblaw Companies announced a quarterly dividend on Wednesday, July 28th. Shareholders of record on Wednesday, September 15th will be given a dividend of 0.365 per share on Friday, October 1st. This represents a $1.46 annualized dividend and a yield of 1.67%. The ex-dividend date of this dividend is Tuesday, September 14th. This is a positive change from Loblaw Companies's previous quarterly dividend of C$0.34.
View Loblaw Companies' dividend history.

Is Loblaw Companies a good dividend stock?

Loblaw Companies pays an annual dividend of C$1.30 per share and currently has a dividend yield of 1.66%. The dividend payout ratio of Loblaw Companies is 33.21%. This payout ratio is at a healthy, sustainable level, below 75%.
View Loblaw Companies' dividend history.

What price target have analysts set for L?

8 equities research analysts have issued 12 month price targets for Loblaw Companies' shares. Their forecasts range from C$85.00 to C$103.00. On average, they anticipate Loblaw Companies' stock price to reach C$91.56 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price.
View analysts' price targets for Loblaw Companies or view top-rated stocks among Wall Street analysts.

Who are Loblaw Companies' key executives?

Loblaw Companies' management team includes the following people:

Mr. Galen G. Weston M.B.A., B.A., M.B.A, Exec. Chairman, Pres, CEO & Member of Management Board (Age 48, Pay $1.15M)
Mr. Barry Kieran Columb, Pres of Pres's Choice Financial & Member of Management Board (Age 56, Pay $1.16M)
Mr. Jeffery Leger, Pres of Shoppers Drug Mart & Member of Management Board
Mr. Richard Dufresne, Chief Financial Officer
Ms. Jocyanne C. Bourdeau, Pres of Discount Division & Member of Management Board (Age 53)
Mr. Gordon Andrew McDonald Currie, Exec. VP, Chief Legal Officer, Sec. & Member of Management Board (Age 62)
Mr. Kevin Groh, Sr. VP of Corp. Affairs & Communications and Member of Management Board
Mr. Mark W.H. Wilson, Exec. VP, Chief HR Officer & Member of Management Board (Age 50)
Mr. Ian Freedman, Pres of Joe Fresh & Member of Management Board
Robert Wiebe, Chief Admin. Officer & Member of Management Board

Who are some of Loblaw Companies' key competitors?

Some companies that are related to Loblaw Companies include Alimentation Couche-Tard (ATD.A), Alimentation Couche-Tard (ATD.B), Koninklijke Ahold Delhaize (ADRNY), The Kroger (KR), Tesco (TSCDD), China Resources Beer (CRHKY), George Weston (WN), Tesco (TSCO), George Weston (WNGRF), Metro (MRU), Albertsons Companies (ACI), Ocado Group (OCDO), Empire (EMP.A), Wm Morrison Supermarkets (MRW) and J Sainsbury (SBRY).
View all of L's competitors.

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), The Toronto-Dominion Bank (TD), Suncor Energy (SU), The 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 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$87.46.

How much money does Loblaw Companies make?

Loblaw Companies has a market capitalization of C$29.57 billion and generates C$53.32 billion in revenue each year.

How many employees does Loblaw Companies have?

Loblaw Companies employs 12,200 workers across the globe.

What is Loblaw Companies' official website?

The official website for Loblaw Companies is www.loblaw.ca.

Where are Loblaw Companies' headquarters?

Loblaw Companies is headquartered at 1 Presidents Choice Cir, BRAMPTON, ON L6Y 5S5, Canada.

How can I contact Loblaw Companies?

Loblaw Companies' mailing address is 1 Presidents Choice Cir, BRAMPTON, ON L6Y 5S5, Canada. The company can be reached via phone at +1-905-4592500.

This page was last updated on 9/16/2021 by MarketBeat.com Staff

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