TSE:L Loblaw Companies (L) Stock Price, News & Analysis C$168.73 +0.43 (+0.26%) (As of 07/26/2024 ET) Add Compare Share Share Today's RangeC$166.85▼C$169.9050-Day RangeC$153.86▼C$169.8252-Week RangeC$110.52▼C$171.99Volume273,427 shsAverage Volume376,435 shsMarket CapitalizationC$51.87 billionP/E Ratio25.53Dividend Yield1.21%Price TargetC$176.43 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Get Loblaw Companies alerts: Email Address Loblaw Companies MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside4.6% UpsideC$176.43 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.12Based on 22 Articles This WeekInsider TradingSelling SharesC$13.16 M Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details 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.2.26 out of 5 stars 2.3 Analyst's Opinion Consensus RatingLoblaw Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageLoblaw Companies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Loblaw Companies' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for L. Previous Next 1.7 Dividend Strength Dividend YieldLoblaw Companies pays a meaningful dividend of 1.31%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthLoblaw Companies does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Loblaw Companies is 31.01%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Loblaw Companies' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for L. Previous Next 2.8 News and Social Media Coverage News SentimentLoblaw Companies has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.26 average news sentiment score of Consumer Defensive companies.News Coverage This WeekMarketBeat has tracked 22 news articles for Loblaw Companies this week, compared to 3 articles on an average week.Search Interest606 people have searched for L on MarketBeat in the last 30 days. This is an increase of 222% compared to the previous 30 days.MarketBeat Follows1 people have added Loblaw Companies to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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$13,160,644.00 in company stock.Percentage Held by Insiders53.29% of the stock of Loblaw Companies is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 22.03% of the stock of Loblaw Companies is held by institutions.Read more about Loblaw Companies' insider trading history. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Loblaw Companies is 25.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Loblaw Companies is 25.53, which means that it is trading at a less expensive P/E ratio than the Consumer Defensive sector average P/E ratio of about 217.56.Price to Earnings Growth RatioLoblaw Companies has a PEG Ratio of 2.53. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioLoblaw Companies has a P/B Ratio of 4.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Loblaw Companies' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Loblaw Companies Stock (TSE:L)Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services 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, health care services, 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 loyalty program, insurance brokerage services, and telecommunication services. The company offers PC Health app. It 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.Read More L Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart L Stock News HeadlinesJuly 26 at 8:56 AM | finance.yahoo.comIndividual investors own 27% of Loblaw Companies Limited (TSE:L) shares but private companies control 50% of the companyJuly 26 at 1:19 AM | americanbankingnews.comLoblaw Companies Limited (TSE:L) Forecasted to Earn Q2 2024 Earnings of $2.14 Per ShareJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 25 at 3:26 PM | msn.comLoblaw CEO says 'one customer lost is one too many' after boycott question on earnings callJuly 24 at 10:00 AM | theglobeandmail.comPrivacy commissioner investigates customers’ claims they can’t delete PC Optimum accountsJuly 24 at 7:38 AM | americanbankingnews.comLoblaw Companies (TSE:L) Given New C$172.00 Price Target at DesjardinsJuly 23 at 5:46 AM | americanbankingnews.comLoblaw Companies (TSE:L) Given New C$186.00 Price Target at TD SecuritiesJuly 23 at 3:10 AM | americanbankingnews.comLoblaw Companies (L) Set to Announce Quarterly Earnings on ThursdayJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.July 21, 2024 | americanbankingnews.comLoblaw Companies (TSE:L) Hits New 1-Year High at $168.38July 16, 2024 | americanbankingnews.comLoblaw Companies Limited (TSE:L) Receives Consensus Rating of "Moderate Buy" from AnalystsMay 29, 2024 | markets.businessinsider.comAnalysts Offer Insights on Consumer Goods Companies: Constellation Brands (STZ) and Loblaw Companies (OtherLBLCF)May 28, 2024 | finance.yahoo.comNational Bank Maintains Outperform Rating, $159 Target on LoblawMay 27, 2024 | msn.comMay Boycotts: Is Loblaw Stock in Trouble?May 21, 2024 | msn.comLoblaws is still in hot water despite announcing they'll sign the Grocery Code of ConductMay 21, 2024 | financialpost.comLoblaw boycott gives independent stores and grocery alternatives a boostMay 16, 2024 | finance.yahoo.comLoblaw announces support for revised Grocery Code of ConductMay 14, 2024 | ca.finance.yahoo.comLoblaw boycott hits the halfway mark: Here are 5 things to knowSee 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. Email Address Company Calendar Last Earnings5/01/2024Ex-Dividend for 7/1 Dividend6/14/2024Dividend Payable7/01/2024Today7/26/2024Next Earnings (Estimated)11/20/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorConsumer Defensive Industry Grocery Stores Sub-IndustryN/A Current SymbolTSE:L CUSIPN/A CIKN/A Webwww.loblaw.ca Phone+1-905-4592500FaxN/AEmployees220,000Year FoundedN/APrice Target and Rating Average Stock Price TargetC$176.43 High Stock Price TargetC$189.00 Low Stock Price TargetC$161.00 Potential Upside/Downside-1.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$6.61 Trailing P/E Ratio25.53 Forward P/E Ratio20.11 P/E Growth2.53Net IncomeC$2.09 billion Net Margins3.53% Pretax MarginN/A Return on Equity18.96% Return on Assets5.80% Debt Debt-to-Equity Ratio156.41 Current Ratio1.25 Quick Ratio0.68 Sales & Book Value Annual SalesC$59.53 billion Price / Sales0.87 Cash FlowC$7.28 per share Price / Cash Flow23.18 Book ValueC$36.35 per share Price / Book4.64Miscellaneous Outstanding Shares307,410,000Free FloatN/AMarket CapC$51.87 billion OptionableNot Optionable Beta0.12 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Per Bank (Age 57)President, CEO & Member of Management Board Comp: $16.88MMr. Richard DufresneCFO & Member of Management BoardMr. Jeffery LegerMember of Management Board & President of Shoppers Drug MartMr. Mark W. H. Wilson (Age 53)Executive VP, Chief Human Resources Officer & Member of Management Board Mr. Ian FreedmanMember of Management Board & President of Joe FreshRobert WiebeChief Administrative Officer & Member of Management BoardNicholas HennExecutive VP, Chief Legal Officer, Secretary & Member of Management BoardDavid MarkwellExecutive VP, Chief Technology & Analytics Officer and Member of Management BoardFrank GambioliPresident of Market & Superstore Division and Member of Management BoardMary MacIsaacSenior VP of Marketing & Control Brands and Member of Management BoardMore ExecutivesKey CompetitorsAlimentation Couche-TardTSE:ATD.BAlimentation Couche-TardTSE:ATD.AGeorge WestonTSE:WNMetroTSE:MRUEmpireTSE:EMP.AView All CompetitorsInsidersKieran Barry ColumbSold 32,500 sharesTotal: C$5.07 M ($156.01/share)Kieran Barry ColumbSold 5,500 sharesTotal: C$891,000.00 ($162.00/share)Frank GambioliSold 14,840 sharesTotal: C$2.33 M ($157.00/share)Nicholas HennSold 9,425 sharesTotal: C$1.48 M ($156.66/share)Jeffrey Francis LegerSold 7,100 sharesTotal: C$1.11 M ($156.00/share)View All Insider Transactions Should I Buy Loblaw Companies Stock? L Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Loblaw Companies Limited: Loblaw Companies Limited has consistently shown strong quarterly earnings results, beating analysts' consensus estimates, indicating a healthy financial performance. The company has a solid return on equity of 18.96%, showcasing efficient utilization of shareholder funds to generate profits. With a market cap of C$48.06 billion, Loblaw Companies Limited is a significant player in the industry, providing stability and potential for growth. The recent increase in dividend payout indicates the company's confidence in its financial position and commitment to rewarding shareholders. Despite market fluctuations, Loblaw Companies Limited has maintained a relatively low beta of 0.12, suggesting lower volatility compared to the market average. Cons Investors should be bearish about investing in Loblaw Companies Limited for these reasons: The debt-to-equity ratio of 156.41 is significantly high, indicating a heavy reliance on debt financing which may pose risks in case of economic downturns or interest rate hikes. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, July 2, 2024. Please send any questions or comments about these Loblaw Companies pros and cons to contact@marketbeat.com. L Stock Analysis - Frequently Asked Questions How have L shares performed this year? Loblaw Companies' stock was trading at C$128.28 at the start of the year. Since then, L shares have increased by 31.5% and is now trading at C$168.73. View the best growth stocks for 2024 here. How were Loblaw Companies' earnings last quarter? Loblaw Companies Limited (TSE:L) issued its earnings results on Wednesday, May, 1st. The company reported $1.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.70 by $0.02. The business earned $13.58 billion during the quarter, compared to the consensus estimate of $13.29 billion. Loblaw Companies had a trailing twelve-month return on equity of 18.96% and a net margin of 3.53%. 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 other stocks do shareholders of Loblaw Companies own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and BCE (BCE). This page (TSE:L) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... 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