Desjardins Forecasts Increased Earnings for Loblaw Companies

Loblaw Companies Limited (TSE:L) – Investment analysts at Desjardins increased their Q3 2025 EPS estimates for shares of Loblaw Companies in a research report issued to clients and investors on Wednesday, April 30th. Desjardins analyst C. Li now anticipates that the company will post earnings per share of $2.73 for the quarter, up from their previous estimate of $2.70. Desjardins currently has a “Hold” rating and a $230.00 price target on the stock. The consensus estimate for Loblaw Companies’ current full-year earnings is $9.12 per share. Desjardins also issued estimates for Loblaw Companies’ FY2025 earnings at $9.48 EPS and FY2026 earnings at $10.22 EPS.

A number of other equities research analysts have also weighed in on L. TD Securities lifted their price objective on Loblaw Companies from C$195.00 to C$245.00 and gave the stock a “buy” rating in a research report on Thursday. CIBC boosted their price objective on shares of Loblaw Companies from C$208.00 to C$234.00 and gave the company an “outperform” rating in a research report on Thursday. BMO Capital Markets upped their price objective on shares of Loblaw Companies from C$200.00 to C$220.00 in a report on Thursday. Royal Bank of Canada lifted their target price on shares of Loblaw Companies from C$215.00 to C$234.00 in a research note on Monday, April 14th. Finally, UBS Group raised their price objective on shares of Loblaw Companies from C$210.00 to C$253.00 in a report on Thursday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Loblaw Companies has a consensus rating of “Moderate Buy” and a consensus price target of C$236.88.

Loblaw Companies Stock Up 0.5 %

Shares of TSE L opened at C$225.02 on Friday. The firm’s fifty day moving average is C$200.62 and its 200 day moving average is C$189.11. Loblaw Companies has a 52 week low of C$152.39 and a 52 week high of C$226.25. The company has a quick ratio of 0.68, a current ratio of 1.29 and a debt-to-equity ratio of 166.11. The company has a market cap of C$68.03 billion, a price-to-earnings ratio of 30.54, a PEG ratio of 3.23 and a beta of 0.17.

Loblaw Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.513 per share. This represents a $2.05 dividend on an annualized basis and a yield of 0.91%. The ex-dividend date was Friday, March 14th. Loblaw Companies’s payout ratio is 27.83%.

Insiders Place Their Bets

In related news, Director Richard Dufresne sold 25,783 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of C$186.55, for a total transaction of C$4,809,847.01. Also, Director Willard Galen Garfield Weston sold 104,364 shares of the stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of C$182.50, for a total value of C$19,046,690.91. Over the last three months, insiders have sold 141,456 shares of company stock valued at $25,966,244. 53.77% of the stock is currently owned by corporate insiders.

Loblaw Companies Company Profile

Loblaw is one of Canada’s largest grocery, pharmacy, and general merchandise retailers, operating the most expansive store footprint in Ontario and maintaining sizable presences in provinces like Quebec and British Columbia. Key grocery banners include Loblaw, No Frills, and Maxi, while its pharmaceutical operations are the product of its 2014 acquisition of Shoppers Drug Mart.