S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead
S&P 500   5,061.82
DOW   37,735.11
QQQ   431.06
5 Small-Cap Energy Stocks Surged in Price and Volume on Friday
Novo Nordisk Arms Wegovy to Be a Triple Threat
Vital Farms Rides the Pasture-Raised Egg Trend to the Bank
3 Energy Plays for Cash Flow: Buy 1 or Buy Them All
M&T Bank, Goldman Sachs rise; Salesforce, Tesla fall, Monday, 4/15/2024
When Will the Next Bull Market Be?
Global smartphone shipments climb nearly 8% in 1st quarter as Samsung retakes the lead

Lowe's Companies (LOW) Stock Price, News & Analysis

$229.94
-2.11 (-0.91%)
(As of 04/15/2024 ET)
Today's Range
$229.17
$234.84
50-Day Range
$218.12
$260.94
52-Week Range
$181.85
$262.49
Volume
1.93 million shs
Average Volume
2.57 million shs
Market Capitalization
$131.57 billion
P/E Ratio
17.47
Dividend Yield
1.91%
Price Target
$252.33

Lowe's Companies MarketRank™ Stock Analysis

Analyst Rating
Hold
2.46 Rating Score
Upside/​Downside
9.7% Upside
$252.33 Price Target
Short Interest
Healthy
1.38% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.74
Upright™ Environmental Score
News Sentiment
0.84mentions of Lowe
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
10.16%
From $12.21 to $13.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.62 out of 5 stars

Retail/Wholesale Sector

30th out of 204 stocks

Lumber & Other Building Materials Industry

1st out of 5 stocks

LOW stock logo

About Lowe's Companies Stock (NYSE:LOW)

Founded in 1921, Lowe's Companies Inc. is one of the largest chains of home improvement stores in the United States and the second-largest hardware chain in the world. Operating 1,971 stores in the U.S. and 210 in Canada and Mexico, Lowe's Companies Inc. offers a wide range of products for use in residential and commercial construction, repair, property maintenance, remodeling and decorating. 

The company also provides a variety of in-house and third-party installation services, offered through partnerships with independent local contractors and extended protection plans purchased through Assurant Inc., an insurance company located in New York. Lowe's Companies Inc. also offers subcontracted in-warranty and out-of-warranty repair services under its privately labeled Lowe's Protection Plan. 

Lowe's Companies Inc. is known for competitive pricing and customer service. It has made strategic acquisitions and investments to strengthen its position in the market, contributing to steady revenue growth over the past decade. Additionally, it has embraced new technologies, investing in online ordering, artificial intelligence-enabled customer service and virtual design services to stay ahead of competitors. Lowe's Companies Inc. has also implemented various sustainability initiatives to reduce its environmental impact, including increasing energy efficiency at retail stores and using more renewable energy throughout its logistical systems. 

Lowe's Companies Inc. has many competitive advantages, including a strong balance sheet and commitment to customer satisfaction, helping it remain a leader in the home improvement retail space. Its financials are strong, revenue has grown steadily over the past decade, and it provides shareholder returns that routinely outpace the industry average. 

With over six million shareholders, its financially sound decisions have enabled it to grow its earnings by over 22% in the past decade while increasing shareholder earnings per share to 16% in the same period. 

LOW Stock Price History

LOW Stock News Headlines

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See More Headlines
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Company Calendar

Ex-Dividend for 2/7 Dividend
1/23/2024
Dividend Payable
2/07/2024
Last Earnings
2/27/2024
Today
4/15/2024
Ex-Dividend for 5/8 Dividend
4/23/2024
Dividend Payable
5/08/2024
Next Earnings (Estimated)
5/28/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Lumber & other building materials
Sub-Industry
Home Improvement Retail
CUSIP
54866110
Employees
284,000
Year Founded
1921

Price Target and Rating

Average Stock Price Target
$252.33
High Stock Price Target
$289.00
Low Stock Price Target
$210.00
Potential Upside/Downside
+8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.46
Research Coverage
26 Analysts

Profitability

Net Income
$7.73 billion
Pretax Margin
11.78%

Debt

Sales & Book Value

Annual Sales
$86.38 billion
Cash Flow
$16.81 per share
Book Value
($26.17) per share

Miscellaneous

Free Float
570,811,000
Market Cap
$133.05 billion
Optionable
Optionable
Beta
1.13

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Should I Buy Lowe's Companies Stock? LOW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Lowe's Companies, Inc.:

  • Lowe's Companies, Inc. reported a strong earnings per share of $1.77 for the last quarter, surpassing the consensus estimate by $0.09. This indicates a positive financial performance.
  • The company has a market capitalization of $148.66 billion, showcasing its significant size and stability in the market.
  • Lowe's Companies, Inc. offers a diverse range of home improvement products, including appliances, tools, paint, and more, catering to a wide customer base and potentially ensuring steady revenue streams.
  • Investors have the opportunity to benefit from Lowe's dividend payments, with a recent quarterly dividend of $1.10 per share, providing a source of passive income.
  • The company's stock price has shown resilience, with a 52-week high of $262.49, indicating potential for capital appreciation.

Cons

Investors should be bearish about investing in Lowe's Companies, Inc. for these reasons:

  • Lowe's Companies, Inc. experienced a revenue decline of 17.1% on a year-over-year basis, which may raise concerns about its ability to maintain consistent growth.
  • The company had a negative return on equity of 51.42%, indicating potential inefficiencies in generating returns for shareholders.
  • While the company's stock price has shown strength, the beta of 1.13 suggests that it is slightly more volatile compared to the market average, posing risks for investors.
  • Analysts anticipate a lower earnings per share of 12.21 for the current year, signaling potential challenges in maintaining previous levels of profitability.
  • Despite recent positive developments, Lowe's Companies, Inc. faces competition in the home improvement retail sector, which could impact its market share and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, April 13, 2024. Please send any questions or comments about these Lowe's Companies pros and cons to contact@marketbeat.com.

LOW Stock Analysis - Frequently Asked Questions

Should I buy or sell Lowe's Companies stock right now?

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 14 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LOW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOW, but not buy additional shares or sell existing shares.
View LOW analyst ratings
or view top-rated stocks.

What is Lowe's Companies' stock price target for 2024?

26 brokers have issued twelve-month target prices for Lowe's Companies' shares. Their LOW share price targets range from $210.00 to $289.00. On average, they expect the company's stock price to reach $252.33 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price.
View analysts price targets for LOW
or view top-rated stocks among Wall Street analysts.

How have LOW shares performed in 2024?

Lowe's Companies' stock was trading at $222.55 at the beginning of the year. Since then, LOW shares have increased by 3.3% and is now trading at $229.94.
View the best growth stocks for 2024 here
.

Are investors shorting Lowe's Companies?

Lowe's Companies saw a decline in short interest in the month of February. As of February 29th, there was short interest totaling 7,320,000 shares, a decline of 8.4% from the February 14th total of 7,990,000 shares. Based on an average daily volume of 2,820,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 1.3% of the shares of the stock are short sold.
View Lowe's Companies' Short Interest
.

When is Lowe's Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our LOW earnings forecast
.

How were Lowe's Companies' earnings last quarter?

Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings results on Tuesday, February, 27th. The home improvement retailer reported $1.77 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.09. The home improvement retailer had revenue of $18.60 billion for the quarter, compared to analyst estimates of $18.47 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 51.42% and a net margin of 8.94%. The firm's quarterly revenue was down 17.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.28 EPS.
Read the conference call transcript
.

How often does Lowe's Companies pay dividends? What is the dividend yield for Lowe's Companies?

Lowe's Companies declared a quarterly dividend on Friday, March 22nd. Stockholders of record on Wednesday, April 24th will be given a dividend of $1.10 per share on Wednesday, May 8th. This represents a $4.40 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, April 23rd.
Read our dividend analysis for LOW
.

Is Lowe's Companies a good dividend stock?

Lowe's Companies (NYSE:LOW) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.90%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 32.71% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOW.

What guidance has Lowe's Companies issued on next quarter's earnings?

Lowe's Companies issued an update on its FY25 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of $12.00 to $12.30 for the period, compared to the consensus EPS estimate of $12.68. The company issued revenue guidance of $84 billion to $85 billion, compared to the consensus revenue estimate of $85.36 billion.

What is Marvin Ellison's approval rating as Lowe's Companies' CEO?

2,818 employees have rated Lowe's Companies Chief Executive Officer Marvin Ellison on Glassdoor.com. Marvin Ellison has an approval rating of 62% among the company's employees. This puts Marvin Ellison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Lowe's Companies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lowe's Companies investors own include Home Depot (HD), NVIDIA (NVDA), Visa (V), Walt Disney (DIS), Johnson & Johnson (JNJ), AT&T (T), JPMorgan Chase & Co. (JPM), Walmart (WMT), Intel (INTC) and AbbVie (ABBV).

Who are Lowe's Companies' major shareholders?

Lowe's Companies' stock is owned by many different retail and institutional investors. Top institutional shareholders include Salem Investment Counselors Inc. (0.38%), Fort Pitt Capital Group LLC (0.08%), Douglas Lane & Associates LLC (0.05%), Confluence Investment Management LLC (0.04%), Gateway Investment Advisers LLC (0.04%) and Los Angeles Capital Management LLC (0.03%). Insiders that own company stock include Donald Frieson, Janice Dupre, Joseph Michael Mcfarland, Ross W Mccanless and Seemantini Godbole.
View institutional ownership trends
.

How do I buy shares of Lowe's Companies?

Shares of LOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Lowe's Companies have any subsidiaries?
The following companies are subsidiares of Lowe's Companies: ATG, Atlas Pipeline Partners L.P., Boomerang Commerce, Lowe’s Companies Canada ULC, Lowe’s Home Centers LLC, Maintenance Supply Headquarters, Orchard Supply Hardware, RONA, RONA Inc., Retail Analytics platform of Boomerang Commerce, and StainMaster.
Read More
This page (NYSE:LOW) was last updated on 4/15/2024 by MarketBeat.com Staff

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