TSE:L - Loblaw Companies Stock Price, Forecast & News

Loblaw Companies trades on the Toronto Stock Exchange (TSX) under the ticker symbol "L."

Loblaw Companies announced a quarterly dividend on Wednesday, November 13th. Shareholders of record on Sunday, December 15th will be paid a dividend of 0.315 per share on Monday, December 30th. This represents a $1.26 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Thursday, December 12th. View Loblaw Companies' Dividend History.

Loblaw Companies Ltd (TSE:L) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $1.11 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.10 by $0.01. The company earned $11.08 billion during the quarter, compared to the consensus estimate of $10.96 billion. View Loblaw Companies' Earnings History.

Loblaw Companies is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Loblaw Companies.

6 brokers have issued 1-year price objectives for Loblaw Companies' shares. Their forecasts range from C$73.00 to C$85.00. On average, they expect Loblaw Companies' share price to reach C$77.86 in the next year. This suggests a possible upside of 11.0% from the stock's current price. View Analyst Price Targets for Loblaw Companies.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loblaw Companies in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Loblaw Companies.

News coverage about L stock has been trending very positive on Monday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Loblaw Companies earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave media stories about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Loblaw Companies.

Some companies that are related to Loblaw Companies include Woolworths Group (WOW), Wesfarmers (WES), Alimentation Couche-Tard (ATD.B), Koninklijke Ahold (ADRNY), Tesco (TSCO), Kroger (KR), George Weston (WN), China Resources Beer Holdings CoLtd (CRHKY), Metro (MRU), George Weston (WNGRF), Alimentation Couche-Tard (ATD.A), Ocado Group (OCDO), Empire (EMP.A), Companhia Brasileira de Distribuicao (CBD) and J Sainsbury (SBRY).

Based on aggregate information from My MarketBeat watchlists, some companies that other Loblaw Companies investors own include George Weston (WN), Toronto-Dominion Bank (TD), Bombardier, Inc. Class B (BBD.B), Suncor Energy (SU), BCE (BCE), Royal Bank of Canada (RY), Bank of Nova Scotia (BNS), Dollarama (DOL), Canadian National Railway (CNR) and Enbridge (ENB).

Shares of L and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

One share of L stock can currently be purchased for approximately C$70.15.

Loblaw Companies has a market capitalization of C$25.42 billion and generates C$47.67 billion in revenue each year. Loblaw Companies employs 197,000 workers across the globe.View Additional Information About Loblaw Companies.

The official website for Loblaw Companies is http://www.loblaw.ca/.

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.