TSE:L FY2026 EPS Forecast Lifted by National Bank Financial

Loblaw Companies Limited (TSE:L) – Investment analysts at National Bank Financial raised their FY2026 earnings per share estimates for shares of Loblaw Companies in a research note issued to investors on Sunday, January 26th. National Bank Financial analyst V. Shreedhar now forecasts 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 research analysts also recently issued reports on the company. Scotiabank downgraded 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 report on Wednesday, January 8th. TD Securities decreased their price objective on Loblaw Companies from C$203.00 to C$202.00 and set a “buy” rating on the stock in a research note on Thursday, November 14th. UBS Group set a C$225.00 price objective on Loblaw Companies and gave the stock a “buy” rating in a research report on Friday, December 13th. Desjardins raised their price target on shares of Loblaw Companies from C$172.00 to C$190.00 in a research note on Thursday, November 14th. Finally, CIBC boosted their price objective on shares of Loblaw Companies from C$189.00 to C$206.00 in a research report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$201.88.

Loblaw Companies Stock Performance

TSE:L opened at C$184.49 on Tuesday. Loblaw Companies has a twelve month low of C$132.55 and a twelve month high of C$196.49. The company has a market capitalization of C$56.34 billion, a P/E ratio of 27.95, a price-to-earnings-growth ratio of 3.23 and a beta of 0.17. The company has a current ratio of 1.36, a quick ratio of 0.68 and a debt-to-equity ratio of 163.32. The firm has a 50-day moving average price of C$186.28 and a two-hundred day moving average price of C$178.43.

Insiders Place Their Bets

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

Loblaw Companies Announces Dividend

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

About Loblaw Companies

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.