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Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:L

Loblaw Companies (L) Stock Price, News & Analysis

C$150.10
-1.40 (-0.92%)
(As of 03/28/2024 ET)
Today's Range
C$149.00
C$152.32
50-Day Range
C$133.17
C$153.66
52-Week Range
C$110.52
C$154.70
Volume
372,704 shs
Average Volume
388,256 shs
Market Capitalization
C$46.42 billion
P/E Ratio
23.02
Dividend Yield
1.19%
Price Target
C$153.29

Loblaw Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
2.1% Upside
C$153.29 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.02mentions of Loblaw Companies in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
C$10.55 M Sold Last Quarter
Proj. Earnings Growth
N/A

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.

2.24 out of 5 stars

L stock logo

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.

L Stock Price History

L Stock News Headlines

AI healthcare stock poised for 36,996% growth?
Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...
Loblaw Companies (TSE:L) Reaches New 1-Year High at $152.40
AI healthcare stock poised for 36,996% growth?
Buy Alert Issued For AI Small Cap Our last two AI stocks jumped 150% and 130%... But we just issued a brand new "buy alert" for a new one...
Loblaw Cos. Ltd.
Loblaw profit and sales rise
See More Headlines
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Company Calendar

Ex-Dividend for 12/30 Dividend
12/14/2023
Dividend Payable
12/30/2023
Last Earnings
2/22/2024
Ex-Dividend for 4/1 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
5/01/2024

Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
220,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$153.29
High Stock Price Target
C$172.00
Low Stock Price Target
C$145.00
Potential Upside/Downside
+2.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
C$2.09 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$59.53 billion
Cash Flow
C$6.47 per share
Book Value
C$36.35 per share

Miscellaneous

Free Float
N/A
Market Cap
C$46.38 billion
Optionable
Not Optionable
Beta
0.11
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Key Executives

  • Mr. Richard Dufresne
    CFO & Member of Management Board
  • Mr. Jeffery Leger
    Member of Management Board & President of Shoppers Drug Mart
  • Mr. Per Bank (Age 57)
    President, CEO & Member of Management Board
  • Mr. Mark W. H. Wilson (Age 53)
    Executive VP, Chief Human Resources Officer & Member of Management Board
  • Mr. Ian Freedman
    Member of Management Board & President of Joe Fresh
  • Robert Wiebe
    Chief Administrative Officer & Member of Management Board
  • Nicholas Henn
    Executive VP, Chief Legal Officer, Secretary & Member of Management Board
  • David Markwell
    Executive VP, Chief Technology & Analytics Officer and Member of Management Board
  • Frank Gambioli
    President of Market & Superstore Division and Member of Management Board
  • Mary MacIsaac
    Senior VP of Marketing & Control Brands and Member of Management Board

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 offers a diverse range of products and services including grocery, pharmacy, healthcare, beauty products, apparels, and financial services, providing a stable revenue stream across multiple sectors.
  • The company operates in two segments, Retail and Financial Services, which allows for diversified income sources and risk mitigation.
  • With a strong presence in Canada and a long history dating back to 1919, Loblaw Companies Limited has established itself as a trusted brand in the market.
  • The company's PC Optimum loyalty program and PC Health app enhance customer engagement and retention, potentially leading to increased sales and brand loyalty.
  • Considering Loblaw Companies Limited's current stock price and market performance, there may be potential for capital appreciation and returns for investors.

Cons

Investors should be bearish about investing in Loblaw Companies Limited for these reasons:

  • Intense competition in the grocery and retail sector in Canada could impact Loblaw Companies Limited's market share and profitability.
  • Regulatory changes or disruptions in the healthcare or financial services industries could pose risks to the company's operations and financial performance.
  • Fluctuations in commodity prices, currency exchange rates, or interest rates may affect Loblaw Companies Limited's costs and margins, impacting its bottom line.
  • Consumer preferences and shopping habits are evolving rapidly, and Loblaw Companies Limited must continuously innovate to stay competitive and meet changing demands.
  • The company's reliance on the Canadian market exposes it to economic downturns or regional challenges that could impact its revenue and growth prospects.
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 Wednesday, March 27, 2024. Please send any questions or comments about these Loblaw Companies pros and cons to contact@marketbeat.com.

L Stock Analysis - Frequently Asked Questions

Should I buy or sell Loblaw Companies stock right now?

6 Wall Street research 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 research analysts is that investors should "moderate buy" L shares.
View L analyst ratings
or view top-rated stocks.

What is Loblaw Companies' stock price target for 2024?

6 equities research analysts have issued 12-month target prices for Loblaw Companies' stock. Their L share price targets range from C$145.00 to C$172.00. On average, they expect the company's share price to reach C$153.29 in the next year. This suggests a possible upside of 2.1% 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 2024?

Loblaw Companies' stock was trading at C$128.28 on January 1st, 2024. Since then, L stock has increased by 17.0% and is now trading at C$150.10.
View the best growth stocks for 2024 here
.

When is Loblaw Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our L earnings forecast
.

How were Loblaw Companies' earnings last quarter?

Loblaw Companies Limited (TSE:L) posted its earnings results on Thursday, February, 22nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.92 by $0.08. The business had revenue of $14.53 billion for the quarter, compared to analyst estimates of $14.58 billion. Loblaw Companies had a trailing twelve-month return on equity of 18.96% and a net margin of 3.53%.

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

Loblaw Companies announced a quarterly dividend on Thursday, March 14th. Shareholders of record on Monday, April 1st will be paid a dividend of 0.446 per share on Monday, April 1st. This represents a $1.78 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date is Thursday, March 14th.
Read our dividend analysis for L
.

Is Loblaw Companies a good dividend stock?

Loblaw Companies (TSE:L) pays an annual dividend of C$1.78 per share and currently has a dividend yield of 1.16%. The dividend payout ratio is 27.30%. 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).

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.

This page (TSE:L) was last updated on 3/28/2024 by MarketBeat.com Staff

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