TSE:L FY2026 EPS Estimate Raised by National Bank Financial

Loblaw Companies Limited (TSE:LFree Report) – National Bank Financial raised their FY2026 earnings estimates for shares of Loblaw Companies in a research note issued on Sunday, January 26th. National Bank Financial analyst V. Shreedhar now expects that the company will post earnings of $10.16 per share for the year, up from their previous forecast of $10.11. The consensus estimate for Loblaw Companies’ current full-year earnings is $9.12 per share.

Several other equities analysts also recently weighed in on the company. CIBC raised their target price on Loblaw Companies from C$189.00 to C$206.00 in a research report on Thursday, November 14th. Royal Bank of Canada raised their price objective on Loblaw Companies from C$205.00 to C$217.00 and gave the company an “outperform” rating in a report on Monday, December 9th. Desjardins upped their target price on shares of Loblaw Companies from C$172.00 to C$190.00 in a report on Thursday, November 14th. UBS Group set a C$225.00 price target on shares of Loblaw Companies and gave the stock a “buy” rating in a research note on Friday, December 13th. Finally, Scotiabank cut shares of Loblaw Companies from an “outperform” rating to a “sector perform” rating and set a C$200.00 price objective for the company. in a research note on Wednesday, January 8th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of C$201.88.

Read Our Latest Report on Loblaw Companies

Loblaw Companies Trading Down 1.2 %

Shares of L stock opened at C$184.38 on Tuesday. The stock has a 50 day simple moving average of C$186.15 and a 200-day simple moving average of C$178.30. Loblaw Companies has a 1-year low of C$132.55 and a 1-year high of C$196.49. The company has a market cap of C$56.31 billion, a price-to-earnings ratio of 27.94, a PEG ratio of 3.23 and a beta of 0.17. The company has a debt-to-equity ratio of 163.32, a current ratio of 1.36 and a quick ratio of 0.68.

Insiders Place Their Bets

In other Loblaw Companies news, Director Christie James Beckett Clark sold 2,105 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of C$189.69, for a total transaction of C$399,297.45. 53.77% of the stock is owned by company insiders.

Loblaw Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 30th were paid a dividend of $0.513 per share. This represents a $2.05 annualized dividend and a yield of 1.11%. The ex-dividend date of this dividend was Friday, December 13th. Loblaw Companies’s payout ratio is currently 31.06%.

About Loblaw Companies

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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.

Further Reading

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