TSE:LLoblaw Companies Stock Price, Forecast & News

C$67.58

+0.58 (+0.87 %)

(As of 06/2/2020 04:00 PM ET)

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Today's Range

C$66.48

Now: C$67.58▼

C$67.70

50-Day Range

C$66.40

MA: C$69.99▼

C$75.00

52-Week Range

C$59.01

Now: C$67.58▼

C$77.00

Volume573,799 shs

Average Volume757,369 shs

Market CapitalizationC$24.18 billion

P/E Ratio22.27

Dividend Yield1.88%

BetaN/A

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 comprising in-store pharmacies, other health and beauty product stores, apparel stores, and other general merchandise stores, as well as supports the PC Optimum reward program. The Financial Services segment provides credit card services, the PC Optimum reward program, insurance brokerage services, deposit taking services, and telecommunication services. Loblaw Companies Limited provides its products and services under the President's Choice, Life Brand, and no name brands. The company was founded in 1919 and is headquartered in Brampton, Canada. Loblaw Companies Limited is a subsidiary of George Weston Limited.

Beat the Market (BTM) Rank^™

2.1 Analyst's Opinion

Consensus Rating
Loblaw Companies has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$79.33, Loblaw Companies has a potential upside of 17.4% from its current price of C$67.58.
Amount of Analyst Coverage
Loblaw Companies has only been the subject of 3 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
Loblaw Companies has received 566 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Loblaw Companies has received 540 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Loblaw Companies has received 51.18% “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.

2.5 Dividend Strength

Dividend Leadership
Loblaw Companies is a leading dividend payer. It pays a dividend yield of 1.88%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Loblaw Companies does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Loblaw Companies is 41.53 %. 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 sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$1,309,174.00 in company stock.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Loblaw Companies are expected to decrease by -100.00% in the coming year, from C$4.83 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Loblaw Companies is 22.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.75.
Price to Earnings Ratio vs. Sector
The P/E ratio of Loblaw Companies is 22.27, which means that it is trading at a more expensive P/E ratio than the Services sector average P/E ratio of about 21.38.
Price to Earnings Growth Ratio
Loblaw Companies has a PEG Ratio of 3.97. 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 2.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.45 out of 5 stars

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

Debt

Debt-to-Equity Ratio151.29

Current Ratio1.31

Quick Ratio0.75

Price-To-Earnings

Trailing P/E Ratio22.27

Forward P/E Ratio13.99

P/E Growth3.97

Sales & Book Value

Annual SalesC$49.18 billion

Price / Sales0.49

Cash FlowC$6.29 per share

Price / Cash Flow10.74

Book ValueC$30.77 per share

Price / Book2.20

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees197,000

Outstanding Shares357,726,000

Market CapC$24.18 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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Loblaw Companies (TSE:L) Frequently Asked Questions

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 reached pandemic status according to the World Health Organization. Since then, L stock has increased by 1.4% and is now trading at C$67.58. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Loblaw Companies?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loblaw Companies in the last year. There are currently 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Loblaw Companies.

When is Loblaw Companies' next earnings date?

Loblaw Companies is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Loblaw Companies.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Ltd (TSE:L) posted its quarterly earnings results on Wednesday, April, 29th. The company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.85 by $0.12. The business had revenue of $11.80 billion for the quarter, compared to the consensus estimate of $11.18 billion. View Loblaw Companies' earnings history.

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

Loblaw Companies announced a quarterly dividend on Friday, June 12th. Investors of record on Wednesday, July 1st will be given a dividend of 0.315 per share on Wednesday, July 1st. This represents a $1.26 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Friday, June 12th. View Loblaw Companies' dividend history.

What price target have analysts set for L?

4 analysts have issued 1 year price objectives for Loblaw Companies' stock. Their forecasts range from C$73.00 to C$87.00. On average, they anticipate Loblaw Companies' share price to reach C$79.33 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View analysts' price targets for Loblaw Companies.

Has Loblaw Companies been receiving favorable news coverage?

Media stories about L stock have trended very negative on Tuesday, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loblaw Companies earned a daily sentiment score of -3.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutLoblaw Companies.

Who are some of Loblaw Companies' key competitors?

Some companies that are related to Loblaw Companies include Woolworths Group (WOW), Wesfarmers (WES), Alimentation Couche-Tard (ATD.B), Koninklijke Ahold (ADRNY), Kroger (KR), Tesco (TSCO), Ocado Group (OCDO), George Weston (WN), Metro (MRU), Alimentation Couche-Tard (ATD.A), Empire (EMP.A), WM Morrison Supermarkets (MRW), J Sainsbury (SBRY), Grocery Outlet (GO) and Companhia Brasileira de Distribuicao (CBD). View all 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), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), BCE (BCE), Dollarama (DOL), Bank of Nova Scotia (BNS), Enbridge (ENB), Suncor Energy (SU), Bombardier, Inc. Class B (BBD.B) and Alimentation Couche-Tard (ATD.B).

Who are Loblaw Companies' key executives?

Loblaw Companies' management team includes the following people:

Mr. Galen G. Weston, Exec. Chairman, CEO & Member of Management Board (Age 46)
Ms. Sarah R. Davis FCPA, CPA, CA, Pres & Member of Management Board (Age 51)
Mr. Darren G. Myers, CFO & Member of Management Board (Age 45)
Mr. Garry Senecal, Chief Customer Officer & Member of Management Board
Mr. Michael Motz, COO & Member of Management Board

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 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.

What is Loblaw Companies' stock price today?

One share of L stock can currently be purchased for approximately C$67.58.

How big of a company is Loblaw Companies?

Loblaw Companies has a market capitalization of C$24.18 billion and generates C$49.18 billion in revenue each year. Loblaw Companies employs 197,000 workers across the globe.

What is Loblaw Companies' official website?

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

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 6/2/2020 by MarketBeat.com Staff