Loblaw Companies (TSE:L – Get Free Report) will be issuing its quarterly earnings data before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of C$1.91 per share for the quarter.
Loblaw Companies Price Performance
Shares of TSE L opened at C$139.02 on Wednesday. Loblaw Companies has a 1-year low of C$110.52 and a 1-year high of C$140.18. The business has a 50-day moving average of C$130.65 and a 200-day moving average of C$122.05. The company has a debt-to-equity ratio of 154.39, a current ratio of 1.26 and a quick ratio of 0.68. The company has a market capitalization of C$43.98 billion, a price-to-earnings ratio of 21.76, a PEG ratio of 1.66 and a beta of 0.10.
Loblaw Companies Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Saturday, December 30th. Investors of record on Saturday, December 30th were issued a $0.446 dividend. This represents a $1.78 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Thursday, December 14th. Loblaw Companies’s dividend payout ratio is currently 27.86%.
Wall Street Analyst Weigh In
Check Out Our Latest Report on Loblaw Companies
Insider Activity at Loblaw Companies
In related news, Senior Officer Jeffrey Francis Leger sold 8,140 shares of the business’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of C$123.50, for a total transaction of C$1,005,290.00. In other Loblaw Companies news, Director William Downe bought 4,485 shares of Loblaw Companies stock in a transaction dated Thursday, December 14th. The shares were acquired at an average cost of C$122.72 per share, with a total value of C$550,405.93. Also, Senior Officer Jeffrey Francis Leger sold 8,140 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was sold at an average price of C$123.50, for a total value of C$1,005,290.00. Corporate insiders own 54.69% of the company’s stock.
Loblaw Companies Company Profile
Loblaw Companies Limited, a food and pharmacy company, engages in the grocery, pharmacy, health and beauty, apparel, general merchandise, financial services, and wireless mobile products and services businesses 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.
Read More
- Five stocks we like better than Loblaw Companies
- What does consumer price index measure?
- Walmart’s uptrend is intact; buy it when it dips
- 3 Monster Growth Stocks to Buy Now
- 3 E-VTOL stocks: Which ones can fly higher in 2024?
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Booking stock is the discounted growth story in travel stocks
Receive News & Ratings for Loblaw Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loblaw Companies and related companies with MarketBeat.com's FREE daily email newsletter.