Lowe's Companies (NYSE:LOW) Releases FY 2025 Earnings Guidance

Lowe's Companies (NYSE:LOW - Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 12.150-12.400 for the period, compared to the consensus earnings per share estimate of 12.210. The company issued revenue guidance of $83.5 billion-$84.5 billion, compared to the consensus revenue estimate of $84.3 billion.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on LOW. Citigroup reaffirmed a "neutral" rating and issued a $253.00 target price (down previously from $269.00) on shares of Lowe's Companies in a report on Wednesday, May 14th. Piper Sandler cut their price target on shares of Lowe's Companies from $296.00 to $269.00 and set an "overweight" rating on the stock in a research report on Monday, March 24th. Bank of America cut 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. DA Davidson restated a "neutral" rating and set a $270.00 target price on shares of Lowe's Companies in a report on Wednesday, April 16th. Finally, BNP Paribas raised shares of Lowe's Companies to a "strong sell" rating in a research note on Thursday, February 27th. One analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have assigned a buy rating to the company's stock. According to data from MarketBeat, Lowe's Companies presently has an average rating of "Moderate Buy" and a consensus target price of $276.17.

Lowe's Companies Trading Down 1.5%

LOW opened at $230.86 on Wednesday. Lowe's Companies has a 12-month low of $206.39 and a 12-month high of $287.01. The business's fifty day simple moving average is $224.64 and its 200-day simple moving average is $245.42. The company has a market capitalization of $129.21 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 1.96 and a beta of 1.00.

Lowe's Companies (NYSE:LOW - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.10. The company had revenue of $18.55 billion for 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%. On average, equities research analysts predict that Lowe's Companies will post 11.9 EPS for the current year.

Lowe's Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 23rd were given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend was Wednesday, April 23rd. Lowe's Companies's dividend payout ratio is currently 37.67%.

Institutional Trading of Lowe's Companies

An institutional investor recently raised its position in Lowe's Companies stock. Brighton Jones LLC raised its holdings in Lowe's Companies, Inc. (NYSE:LOW - Free Report) by 119.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,965 shares of the home improvement retailer's stock after purchasing an additional 17,413 shares during the quarter. Brighton Jones LLC's holdings in Lowe's Companies were worth $7,889,000 as of its most recent SEC filing. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

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.

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