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TSE:L

Loblaw Companies - L Stock Forecast, Price & News

C$122.19
+1.14 (+0.94%)
(As of 12/7/2022 12:00 AM ET)
Add
Compare
Today's Range
C$120.66
▼
C$122.81
50-Day Range
C$106.68
▼
C$122.28
52-Week Range
C$90.46
▼
C$124.77
Volume
525,797 shs
Average Volume
531,709 shs
Market Capitalization
C$39.58 billion
P/E Ratio
19.21
Dividend Yield
1.34%
Price Target
C$135.44

Loblaw Companies MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
10.8% Upside
C$135.44 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.10mentions of Loblaw Companies in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
C$2.52 M Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.12 out of 5 stars

See Top Rated MarketRank™ Stocks Here
L stock logo

About Loblaw Companies (TSE:L) Stock

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, 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.

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L Stock News Headlines

December 7, 2022 | americanbankingnews.com
Loblaw Companies (TSE:L) Stock Passes Above 200-Day Moving Average of $114.99
December 3, 2022 | finance.yahoo.com
LOBLAW COMMITS TO "FEED MORE FAMILIES" BY PROVIDING 1 BILLION POUNDS OF FOOD TO THOSE IN NEED BY 2028
November 30, 2022 | americanbankingnews.com
Loblaw Companies Limited (TSE:L) Senior Officer Jocyanne C. Bourdeau Sells 13,802 Shares of Stock
November 28, 2022 | seekingalpha.com
Loblaw Companies: Q3 Revenue Growth Impressive But Performance Could Plateau
November 27, 2022 | msn.com
Teamsters reach agreement with Loblaw hours before they were set to be locked out
November 27, 2022 | americanbankingnews.com
Loblaw Companies Limited (TSE:L) Director Sells C$883,789.24 in Stock
November 21, 2022 | msn.com
Loblaw to lock out more than 500 distribution centre employees as negotiations break down
November 17, 2022 | finance.yahoo.com
Loblaw Companies Third Quarter 2022 Earnings: Revenues Beat Expectations, EPS Lags
November 16, 2022 | msn.com
'Mercedes and Range Rovers:' Loblaw's discount chains attract higher-income shoppers
November 16, 2022 | seekingalpha.com
Loblaw Companies Ltd (LBLCF) Q3 2022 Earnings Call Transcript
November 16, 2022 | nasdaq.com
Loblaw Companies Q3 Profit Increases, beats estimates
November 16, 2022 | finance.yahoo.com
Loblaw Delivers Adjusted EBITDA growth of 10.3% in the Third Quarter
November 15, 2022 | markets.businessinsider.com
Analysts Offer Insights on Consumer Goods Companies: Advance Auto Parts (AAP), Kellogg (K) and Canadian Tire (OtherCDNAF)
November 8, 2022 | finanznachrichten.de
The Planting Hope Company Inc.: Hope and Sesame Sesamemilk Launches Across 382 Loblaw Stores in Canadian Dual-Language Packaging
November 2, 2022 | finance.yahoo.com
Is Loblaw Companies Limited (TSE:L) Trading At A 49% Discount?
November 1, 2022 | finance.yahoo.com
The Power Play by The Market Herald Releases New Interviews with SuperBuzz, HAVN Life Sciences and RevoluGROUP Discussing Their Latest News
October 31, 2022 | finance.yahoo.com
Loblaw to Eliminate Single-Use Plastic Shopping Bags across Manitoba Starting November 1st
October 31, 2022 | finance.yahoo.com
Loblaw to Eliminate Single-Use Plastic Shopping Bags across Saskatchewan Starting November 1st
October 31, 2022 | finance.yahoo.com
Loblaw to Eliminate Single-Use Plastic Shopping Bags across Northwest Territories Starting November 1st
October 27, 2022 | finance.yahoo.com
HAVN Life Announces Retail Listing With Loblaws Company Ltd.
October 20, 2022 | finance.yahoo.com
Loblaw Bolsters Employee Mental Health Support and Wellbeing Education Program with LifeSpeak
October 17, 2022 | msn.com
Loblaw freezes prices of all No Name brand products until Jan. 31, 2023
October 17, 2022 | finance.yahoo.com
Loblaw hits the brakes on food inflation by freezing prices on 1,500 no name products
October 13, 2022 | ca.finance.yahoo.com
If I’d Invested in Loblaws Stock at the Start of 2022, Here’s What I’d Have Now
October 13, 2022 | finance.yahoo.com
Joe Fresh and Jillian Harris Launch Thoughtfully Designed Winter Capsule Collection
See More Headlines
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L Company Calendar

Last Earnings
7/26/2017
Ex-Dividend for 10/1 Dividend
9/14/2022
Dividend Payable
10/01/2022
Today
12/07/2022
Ex-Dividend for 12/30 Dividend
12/14/2022
Dividend Payable
12/30/2022
Next Earnings (Estimated)
2/22/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Grocery Stores
Sub-Industry
N/A
Sector
Business Services
Current Symbol
TSE:L
CUSIP
N/A
CIK
N/A
Web
www.loblaw.ca
Phone
+1-905-4592500
Fax
N/A
Employees
12,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$135.44
High Stock Price Forecast
C$160.00
Low Stock Price Forecast
C$123.00
Forecasted Upside/Downside
+10.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
19.21
Forward P/E Ratio
16.47
P/E Growth
10.36
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
152.06
Current Ratio
1.34
Quick Ratio
0.68

Sales & Book Value

Annual Sales
C$55.25 billion
Price / Sales
0.72
Cash Flow
C$5.27 per share
Price / Cash Flow
23.18
Book Value
C$34.21 per share
Price / Book
3.57

Miscellaneous

Outstanding Shares
323,958,016
Free Float
N/A
Market Cap
C$39.58 billion
Optionable
Optionable
Beta
N/A

Key Executives

  • Mr. Galen G. Weston B.A. (Age 49)
    M.B.A, M.B.A., Exec. Chairman, Pres, CEO & Member of Management Board
    Comp: $2.93M
  • Mr. Richard Dufresne
    CFO & Member of Management Board
  • Ms. Jocyanne C. Bourdeau (Age 54)
    Pres of Discount Division & Member of Management Board
    Comp: $1.92M
  • Mr. Greg Ramier
    Pres of Market Division & Member of Management Board
  • Mr. Robert Sawyer (Age 68)
    COO & Member of Management Board
    Comp: $3.72M
  • Mr. Barry Kieran Columb (Age 57)
    Pres of Pres's Choice Financial & Member of Management Board
  • Mr. Kevin Groh
    Sr. VP of Corp. Affairs & Communications and Member of Management Board
  • Mr. Mark W. H. Wilson (Age 51)
    Exec. VP, Chief HR Officer & Member of Management Board
  • Mr. Ian Freedman
    Member of Management Board & Pres of Joe Fresh
  • Mr. Jeffery Leger
    Member of Management Board & Pres of Shoppers Drug Mart

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













L Stock - 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 "buy" L shares.
View L analyst ratings or view top-rated stocks.

What is Loblaw Companies' stock price forecast for 2023?

6 brokers have issued twelve-month target prices for Loblaw Companies' stock. Their L share price forecasts range from C$123.00 to C$160.00. On average, they anticipate the company's share price to reach C$135.44 in the next year. This suggests a possible upside of 10.8% 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 2022?

Loblaw Companies' stock was trading at C$103.64 at the beginning of the year. Since then, L stock has increased by 17.9% and is now trading at C$122.19.
View the best growth stocks for 2022 here.

When is Loblaw Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our L earnings forecast.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) released its quarterly earnings results on Wednesday, July, 26th. The company reported $1.11 earnings per share (EPS) for the quarter, topping 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.

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

Loblaw Companies announced a quarterly dividend on Wednesday, December 14th. Shareholders of record on Friday, December 30th will be paid a dividend of 0.405 per share on Friday, December 30th. This represents a $1.62 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Wednesday, 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$1.54 per share and currently has a dividend yield of 1.34%. The dividend payout ratio is 24.21%. 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$122.19.

How much money does Loblaw Companies make?

Loblaw Companies (TSE:L) has a market capitalization of C$39.58 billion and generates C$55.25 billion in revenue each year.

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 12/7/2022 by MarketBeat.com Staff