KeyCorp Predicts Lowe's Companies' Q1 Earnings (NYSE:LOW)

Lowe's Companies, Inc. (NYSE:LOW - Free Report) - Investment analysts at KeyCorp issued their Q1 2026 earnings estimates for shares of Lowe's Companies in a research report issued on Thursday, April 24th. KeyCorp analyst B. Thomas anticipates that the home improvement retailer will post earnings per share of $2.90 for the quarter. KeyCorp has a "Overweight" rating and a $266.00 price target 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.

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

A number of other brokerages have also commented on LOW. StockNews.com raised Lowe's Companies from a "hold" rating to a "buy" rating in a report on Tuesday, April 15th. Mizuho lowered their price target on shares of Lowe's Companies from $305.00 to $300.00 and set an "outperform" rating on the stock in a research report on Thursday, February 27th. Bank of America cut their price objective on shares of Lowe's Companies from $305.00 to $290.00 and set a "buy" rating for the company in a report on Thursday, February 27th. BNP Paribas raised shares of Lowe's Companies to a "strong sell" rating in a report on Thursday, February 27th. Finally, Royal Bank of Canada reduced their price target on Lowe's Companies from $292.00 to $285.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $278.21.

Lowe's Companies Trading Up 1.4 %

Shares of NYSE:LOW traded up $3.01 during trading on Monday, reaching $225.33. 329,628 shares of the stock were exchanged, compared to its average volume of 2,473,303. The firm has a market cap of $126.12 billion, a PE ratio of 18.80, a PEG ratio of 1.96 and a beta of 1.07. Lowe's Companies has a 12 month low of $206.39 and a 12 month high of $287.01. The stock has a 50-day moving average price of $227.73 and a 200-day moving average price of $249.48.

Institutional Trading of Lowe's Companies

A number of hedge funds have recently made changes to their positions in LOW. FMR LLC grew its holdings in Lowe's Companies by 1.0% during the 4th quarter. FMR LLC now owns 26,270,496 shares of the home improvement retailer's stock worth $6,483,558,000 after acquiring an additional 259,766 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Lowe's Companies by 2.1% during 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 purchasing an additional 245,876 shares during the period. Norges Bank bought a new stake in shares of Lowe's Companies in the fourth quarter worth $1,842,954,000. Northern Trust Corp increased its holdings in Lowe's Companies by 16.3% in the fourth quarter. Northern Trust Corp now owns 7,074,391 shares of the home improvement retailer's stock valued at $1,745,960,000 after purchasing an additional 993,833 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Lowe's Companies by 6.9% during 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 during the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Lowe's Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 23rd will be given a $1.15 dividend. The ex-dividend date is Wednesday, April 23rd. This represents a $4.60 annualized dividend and a yield of 2.04%. Lowe's Companies's dividend payout ratio is presently 37.67%.

Lowe's Companies Company Profile

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.