Q2 EPS Estimate for Lowe's Companies Increased by Analyst

Lowe's Companies, Inc. (NYSE:LOW - Free Report) - Research analysts at Zacks Research increased their Q2 2026 earnings per share estimates for Lowe's Companies in a research report issued on Wednesday, June 4th. Zacks Research analyst S. Singh now expects that the home improvement retailer will post earnings of $4.25 per share for the quarter, up from their previous estimate of $4.24. The consensus estimate for Lowe's Companies' current full-year earnings is $11.90 per share. Zacks Research also issued estimates for Lowe's Companies' Q3 2026 earnings at $3.05 EPS, Q4 2026 earnings at $2.08 EPS, FY2026 earnings at $12.30 EPS, Q1 2027 earnings at $3.20 EPS, Q2 2027 earnings at $4.57 EPS, Q3 2027 earnings at $3.40 EPS and Q4 2027 earnings at $2.37 EPS.

Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, May 21st. The home improvement retailer reported $2.92 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.88 by $0.04. The business had revenue of $20.93 billion for the quarter, compared to the consensus estimate of $21.09 billion. Lowe's Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company's revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.06 EPS.

Several other equities analysts also recently weighed in on LOW. BNP Paribas raised Lowe's Companies to a "strong sell" rating in a research report on Thursday, February 27th. Truist Financial set a $264.00 price objective on shares of Lowe's Companies and gave the company a "buy" rating in a research report on Thursday, May 22nd. Citigroup reissued a "neutral" rating and issued a $253.00 target price (down previously from $269.00) on shares of Lowe's Companies in a research note on Wednesday, May 14th. Wells Fargo & Company dropped their price target on shares of Lowe's Companies from $285.00 to $260.00 and set an "overweight" rating for the company in a research note on Thursday, May 8th. Finally, Bank of America reduced their price objective 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. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seventeen have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $271.12.

Lowe's Companies Stock Performance

LOW stock traded down $0.91 during midday trading on Thursday, reaching $227.48. 1,985,083 shares of the company traded hands, compared to its average volume of 2,519,594. The firm has a market capitalization of $127.32 billion, a price-to-earnings ratio of 18.97, a P/E/G ratio of 1.96 and a beta of 1.00. Lowe's Companies has a 52-week low of $206.39 and a 52-week high of $287.01. The business has a 50 day moving average of $224.01 and a 200-day moving average of $242.26.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wood Tarver Financial Group LLC purchased a new position in Lowe's Companies in the fourth quarter valued at about $25,000. Marshall Investment Management LLC bought a new stake in shares of Lowe's Companies in the 4th quarter valued at about $31,000. Fairway Wealth LLC purchased a new position in shares of Lowe's Companies in the 1st quarter worth approximately $32,000. Caisse Des Depots ET Consignations purchased a new position in shares of Lowe's Companies in the 4th quarter worth approximately $33,000. Finally, Orion Capital Management LLC bought a new position in shares of Lowe's Companies during the 4th quarter worth approximately $36,000. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Lowe's Companies

In related news, EVP Juliette Williams Pryor sold 1,130 shares of Lowe's Companies stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $227.50, for a total transaction of $257,075.00. Following the transaction, the executive vice president now directly owns 31,898 shares of the company's stock, valued at $7,256,795. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.27% of the stock is currently owned by corporate insiders.

Lowe's Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Wednesday, July 23rd will be paid a dividend of $1.20 per share. The ex-dividend date is Wednesday, July 23rd. This represents a $4.80 annualized dividend and a dividend yield of 2.11%. This is a positive change from Lowe's Companies's previous quarterly dividend of $1.15. Lowe's Companies's dividend payout ratio (DPR) is currently 39.77%.

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.