|Bid||67.65 x 0|
|Ask||67.64 x 0|
|Day's Range||66.48 - 67.70|
|52 Week Range||59.01 - 77.00|
|Beta (5Y Monthly)||-0.08|
|PE Ratio (TTM)||22.27|
|Earnings Date||Jul. 22, 2020 - Jul. 27, 2020|
|Forward Dividend & Yield||1.26 (1.88%)|
|Ex-Dividend Date||Mar. 12, 2020|
|1y Target Est||79.20|
There is likely to be a period of economic weakness for a prolonged period of time. Owning stocks with stable businesses like Loblaw Co. Inc. (TSX:L) will provide steady growth and income during recessions.The post 2 Recession-Proof Stocks to Own During Economic Weakness appeared first on The Motley Fool Canada.
Utilities and grocery retailers have proven resilient in the face of the COVID-19 pandemic, which has boosted dividend stocks like Metro Inc. (TSX:MRU).The post 3 Pandemic-Proof Dividend Stocks to Hold Forever appeared first on The Motley Fool Canada.
Leon's Furniture Ltd. (TSX:LNF) and another Canadian stock that fans of Warren Buffett should look to buy in May.The post Mirror Warren Buffett's Recent Buys With These 2 Underrated TSX Stocks appeared first on The Motley Fool Canada.
Are you looking to add some portfolio protection? Find out which two TSX stocks can shield your portfolio against market forces.The post Portfolio Protection: 2 Crash-Proof Stocks appeared first on The Motley Fool Canada.
BRAMPTON, ON , May 7, 2020 /CNW/ - (TSX:L.TO) – Today, Loblaw Companies Limited ("Loblaw" or the "Company") announced that it has completed its previously announced issuance, on a private placement basis to qualified accredited investors (the "Offering"), of $350 million aggregate principal amount of senior unsecured notes bearing interest at a rate of 2.284% per annum and maturing on May 7, 2030 (the "Notes"). The Company intends to use the net proceeds of the Offering to partially fund the repayment of its outstanding $350 million aggregate principal amount of 5.22% Medium Term Notes, Series 2-B maturing June 18, 2020 and for general corporate purposes. The Notes are unsecured and rank pari passu with all other unsecured and unsubordinated indebtedness of the Company.
The stock market is very volatile amid the COVID-19 uncertainty. It is better to avoid high-risk airline stocks and switch to defensive grocery stocks.The post 1 Stock to Buy and 1 to Ignore in the COVID-19 Pandemic appeared first on The Motley Fool Canada.
TORONTO , April 30, 2020 /CNW/ - Loblaw Companies Limited ("Loblaw") (TSX: L) today announced that all of the nominee directors listed in the management proxy circular dated March 13, 2020 , ...
BRAMPTON, ON , April 30, 2020 /CNW/ - (TSX:L.TO) – Today, Loblaw Companies Limited ("Loblaw" or the "Company") announced that it has agreed to issue, on a private placement basis to qualified accredited investors in each of the Provinces of Canada , $350 million aggregate principal amount of senior unsecured notes (the "Notes") that will bear interest at a rate of 2.284% per annum and will mature on May 7, 2030 (the "Offering"). The Notes are being offered on an agency basis by a syndicate of agents led by TD Securities, BMO Capital Markets, CIBC Capital Markets, RBC Capital Markets and Scotia Capital. The net proceeds of the Offering may be used by the Company to partially fund the repayment of its outstanding $350 million aggregate principal amount of 5.22% Medium Term Notes, Series 2-B maturing June 18, 2020 and for general corporate purposes.
Loblaw’s stock price falls on rising costs, but its leading, defensive business is a good enough reason to own it in this environment.The post Why Loblaw’s (TSX:L) Stock Price Fell 3.8% Yesterday appeared first on The Motley Fool Canada.
With volatility still rearing its ugly head in the markets, it's time to go defensive. Check out these two defensive TSX stocks today.The post 2 Defensive TSX Stocks to Protect a Portfolio appeared first on The Motley Fool Canada.
Loblaw Companies Ltd. saw sales surge by $751 million due to the COVID-19 pandemic, which prompted demand at grocery stores and pharmacies to skyrocket in the last two weeks of March.
Investors looking to diversify their portfolios for both income and growth should consider buying one or more of these 3 great growth stocks.The post Great Growth Stocks to Buy Now appeared first on The Motley Fool Canada.
The Company's 2020 First Quarter Report to Shareholders will be available in the Investors section of the Company's website at loblaw.ca and will be filed on SEDAR and available at sedar.com. Late in the quarter the Company experienced unprecedented consumer demand and stockpiling relating to COVID-19, with sales surging in the final two weeks of March. The result was both a sharp increase in revenue and profit followed by ramp-up in spending to protect and benefit colleagues and customers.
BRAMPTON, ON, April 29, 2020 /CNW/ - (TSX:L.TO - News) – Loblaw Companies Limited (Loblaw) announced today that the Toronto Stock Exchange (TSX) has accepted a notice filed by Loblaw of its intention to make a normal course issuer bid (NCIB). The TSX notice provides that Loblaw may, during the 12-month period commencing May 1, 2020 and terminating April 30, 2021, purchase up to 17,888,888 of Loblaw's common shares (Common Shares), representing approximately 5% of the issued and outstanding Common Shares, by way of a NCIB on the TSX or through alternative trading systems or by such other means as may be permitted by the TSX or under applicable law.
Grocery stocks like Loblaw Compaies Ltd. (TSX:L) and Metro Inc. (TSX:MRU) are both seeing stock prices soar in today's downturn, but can the prices hold up?The post Are Grocery Stocks a Buy? appeared first on The Motley Fool Canada.
Grocery stocks have proven to be resilient and have protected investors’ portfolios. Which of these two giants is a buy today? The post Grocery Stocks: Which Is the Better Buy — Metro (TSX:MRU) or Loblaw (TSX:L)? appeared first on The Motley Fool Canada.
There are many REITs out there bottoming in today's market, but WPT Industrial (TSX:WIR.U) and Choice Properties (CHP.UN) aren't among them.The post Housing Crash: 2 Safe REITs appeared first on The Motley Fool Canada.
The market is charging higher. Defensive stocks like Loblaw Co. LTD. (TSX:L) have served their purpose. Its strong dividend and much-needed products have ensured its stock price has retained its value. Should you still buy it today?The post Market Rally: Should I Buy This Defensive Stock? appeared first on The Motley Fool Canada.
If you're looking to safeguard your investments, consider adding these defensive TSX stocks to protect your portfolio from turbulent markets.The post Defensive TSX Stocks: 3 to Watch appeared first on The Motley Fool Canada.
Loblaw stock, WSP global stock, and Capital power stock are three dividend stocks that can help you diversify your portfolio.The post Market Crash: 3 Dividend Stocks That Are Obvious Buys Today appeared first on The Motley Fool Canada.
Markets are rebounding, but economic turmoil means investors should continue to hold defensive stocks like Loblaw Companies Ltd. (TSX:L) right now.The post 3 Defensive Stocks to Hold in 2020 appeared first on The Motley Fool Canada.
TFSA investors must avoid taking too much risk and selling at the bottom during the market crash and should also invest in a retail option like Loblaw’s stock.The post TFSA Investors: Avoid These 2 Market Crash Mistakes appeared first on The Motley Fool Canada.
Jamieson Wellness Inc. (TSX:JWEL) and another Canadian stock are actually above where they were before the start of the coronavirus market crash.The post 2 TSX Stocks at All-Time Highs: Should You Buy Them? appeared first on The Motley Fool Canada.