Research Analysts Set Expectations for LOW Q1 Earnings

Lowe's Companies, Inc. (NYSE:LOW - Free Report) - Research analysts at KeyCorp issued their Q1 2026 EPS estimates for shares of Lowe's Companies in a research note issued on Thursday, April 24th. KeyCorp analyst B. Thomas expects that the home improvement retailer will post earnings per share of $2.90 for the quarter. KeyCorp currently has a "Overweight" rating and a $266.00 target price on the stock. The consensus estimate for Lowe's Companies' current full-year earnings is $11.90 per share. KeyCorp also issued estimates for Lowe's Companies' Q2 2026 earnings at $4.25 EPS, Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $12.25 EPS and FY2027 earnings at $13.40 EPS.

Several other analysts also recently commented on the company. Truist Financial lowered their price objective on Lowe's Companies from $295.00 to $258.00 and set a "buy" rating for the company in a research note on Tuesday, April 8th. Telsey Advisory Group restated an "outperform" rating and set a $305.00 price objective on shares of Lowe's Companies in a research note on Tuesday, April 15th. Royal Bank of Canada reduced their price target on shares of Lowe's Companies from $292.00 to $285.00 and set a "sector perform" rating for the company in a research report on Thursday, February 27th. Bank of America lowered their price target on shares of Lowe's Companies from $305.00 to $290.00 and set a "buy" rating on the stock in a research report on Thursday, February 27th. Finally, Mizuho lowered their target price on shares of Lowe's Companies from $305.00 to $300.00 and set an "outperform" rating on the stock in a research note on Thursday, February 27th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $278.21.

Lowe's Companies Price Performance

Shares of NYSE:LOW traded up $2.21 during midday trading on Monday, hitting $223.36. 1,603,706 shares of the company's stock were exchanged, compared to its average volume of 2,476,085. Lowe's Companies has a 12 month low of $206.39 and a 12 month high of $287.01. The company has a market cap of $125.02 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. The stock has a 50 day moving average price of $228.78 and a 200-day moving average price of $250.25.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, beating the consensus estimate of $1.83 by $0.10. Lowe's Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The firm had revenue of $18.55 billion during the quarter, compared to the consensus estimate of $18.29 billion.

Lowe's Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be given a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Wednesday, April 23rd. Lowe's Companies's dividend payout ratio is currently 37.67%.

Institutional Investors Weigh In On Lowe's Companies

Several hedge funds have recently made changes to their positions in the company. FMR LLC boosted its position in shares of Lowe's Companies by 1.0% in the 4th quarter. FMR LLC now owns 26,270,496 shares of the home improvement retailer's stock worth $6,483,558,000 after purchasing an additional 259,766 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Lowe's Companies by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 11,979,337 shares of the home improvement retailer's stock worth $2,952,341,000 after acquiring an additional 245,876 shares in the last quarter. Norges Bank purchased a new stake in shares of Lowe's Companies in the fourth quarter worth $1,842,954,000. Northern Trust Corp raised its position in shares of Lowe's Companies by 16.3% in the 4th quarter. Northern Trust Corp now owns 7,074,391 shares of the home improvement retailer's stock worth $1,745,960,000 after purchasing an additional 993,833 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Lowe's Companies by 6.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,035,630 shares of the home improvement retailer's stock worth $1,242,793,000 after purchasing an additional 323,371 shares in the last quarter. 74.06% of the stock is currently owned by institutional investors.

About Lowe's Companies

Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.