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How to buy Loblaw stock in Canada

Own Loblaw shares in just a few minutes.

Loblaw
TO: L-CAD
About 50 hours ago

C$113.05

-C$0.07 (-0.06%)

Loblaw Companies Limited is a grocery stores business based in Canada. Loblaw shares (L.TO) are listed on the Toronto stock Exchange (TSX) and all prices are listed in Canadian Dollars. Its last market close was C$113.05 – a decrease of 0.06% over the previous day. Loblaw employs 221,000 staff and has a market cap (total outstanding shares value) of C$36.5 billion.

How to buy shares in Loblaw

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  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: L in this case.
  5. Research stocks. The platform should provide the latest information available.
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Is it a good time to buy Loblaw stock?

Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Is Loblaw stock undervalued or overvalued?

Valuing Loblaw stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Loblaw's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Loblaw financials

Revenue TTM C$58.1 billion
Operating margin TTM 6.2%
Gross profit TTM C$18 billion
Return on assets TTM 6.02%
Return on equity TTM 18.17%
Profit margin 3.48%
Book value C$35.06
Market capitalisation C$36.5 billion

TTM: trailing 12 months

Loblaw share dividends

23%

Dividend payout ratio: 23.44% of net profits

Recently Loblaw has paid out, on average, around 23.44% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.55% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Loblaw shareholders could enjoy a 1.55% return on their shares, in the form of dividend payments. In Loblaw's case, that would currently equate to about C$1.661 per share.

While Loblaw's payout ratio might seem low, this can signify that Loblaw is investing more in its future growth.

Loblaw's most recent dividend payout was on 1 October 2023. The latest dividend was paid out to all shareholders who bought their shares by 14 September 2023 (the "ex-dividend date").

Have Loblaw's shares ever split?

Loblaw's shares were split on a 1244:1000 basis on 2 November 2018. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1244 shares. This wouldn't directly have changed the overall worth of your Loblaw shares – just the quantity. However, indirectly, the new 19.6% lower share price could have impacted the market appetite for Loblaw shares which in turn could have impacted Loblaw's share price.

Loblaw overview

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. This segment also includes in-store pharmacies, 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 program, insurance brokerage services, and telecommunication services. It also offers PC Health app. The company provides its products and services under various brands.

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