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

26 Wall Street equities 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 equities 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.
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26 Wall Street research analysts have issued twelve-month price targets for Lowe's Companies' shares. Their LOW share price targets range from $210.00 to $289.00. On average, they anticipate the company's share price to reach $252.52 in the next year. This suggests a possible upside of 10.3% from the stock's current price.
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Lowe's Companies' stock was trading at $222.55 on January 1st, 2024. Since then, LOW stock has increased by 2.8% and is now trading at $228.86.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
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Lowe's Companies, Inc. (NYSE:LOW) announced its earnings results on Tuesday, February, 27th. The home improvement retailer reported $1.77 earnings per share (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 revenue for the quarter was down 17.1% compared to the same quarter last year. During the same period last year, the business earned $2.28 earnings per share.
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Lowe's Companies announced a quarterly dividend on Friday, March 22nd. Investors of record on Wednesday, April 24th will be paid a dividend of $1.10 per share on Wednesday, May 8th. This represents a $4.40 annualized dividend and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, April 23rd.
Read our dividend analysis for LOW.

Lowe's Companies (NYSE:LOW) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.91%. 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.

ETFs with the largest weight of Lowe's Companies (NYSE:LOW) stock in their portfolio include VanEck Retail ETF (RTH), Pacer BioThreat Strategy ETF (VIRS), iShares U.S. Home Construction ETF (ITB), 2ndVote Life Neutral Plus ETF (LYFE), iShares U.S. Consumer Focused ETF (IEDI), Invesco BuyBack Achievers ETF (PKW), Consumer Discretionary Select Sector SPDR Fund (XLY) and SPDR S&P Homebuilders ETF (XHB).

Lowe's Companies issued an update on its FY25 earnings guidance on Tuesday, February, 27th. The company provided earnings per share 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.

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.

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).

Lowe's Companies' stock is owned by many different institutional and retail investors. Top institutional investors include Salem Investment Counselors Inc. (0.38%), Fort Pitt Capital Group LLC (0.08%), Wealth Enhancement Advisory Services LLC (0.06%), Douglas Lane & Associates LLC (0.05%), Confluence Investment Management LLC (0.04%) and Gateway Investment Advisers LLC (0.04%). Insiders that own company stock include Donald Frieson, Janice Dupre, Joseph Michael Mcfarland, Ross W Mccanless and Seemantini Godbole.
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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.
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