S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Stock market today: World stocks track Wall Street gains, Japan shares hit record high
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
Stock market today: World stocks track Wall Street gains, Japan shares hit record high

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

$240.67
+1.87 (+0.78%)
(As of 02/29/2024 ET)
Today's Range
$238.55
$241.39
50-Day Range
$210.55
$240.67
52-Week Range
$181.85
$241.44
Volume
3.09 million shs
Average Volume
2.52 million shs
Market Capitalization
$138.41 billion
P/E Ratio
18.29
Dividend Yield
1.83%
Price Target
$248.67

Lowe's Companies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.52 Rating Score
Upside/​Downside
3.3% Upside
$248.67 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.74
Upright™ Environmental Score
News Sentiment
0.42mentions of Lowe
Based on 91 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.74%
From $12.21 to $14.01 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.

4.56 out of 5 stars

Retail/Wholesale Sector

17th out of 203 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

New highs are coming for Lowe's stock despite mixed results
At face value, Lowe's Companies NYSE: LOW had a rough Q4 compared to competitor Home Depot, but the details within the report belie that assessment. Comps were weak, but the company is building leverage, generating cash, and returning capital to investors meaningfully.
New highs are coming for Lowe’s stock despite mixed results
Lowe's is moving higher after a solid report and weak guidance. The takeaway is that cash flow is solid and capital returns support the market.
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Lowe's levels up: A blueprint for tomorrow's home improvement
Lowe's blends innovation with community focus, driving growth amid market challenges.
Lowe's Companies (NYSE:LOW) PT Raised to $250.00 at Wedbush
Rare Earth Elements: The Workhorse of The Tech Revolution
They're the most underrated yet crucial elements of technology. From renewable energy to military defense, Rare Earths are essential pieces of modern technology. Global superpowers and savvy investors are quickly learning just how valuable they truly are.
Lowe's Companies Is Still A Buy For The Long Run
Lowe's Companies' (LOW) "Buy" Rating Reaffirmed at DA Davidson
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
2/29/2024
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
307,000
Year Founded
1921

Price Target and Rating

Average Stock Price Target
$248.67
High Stock Price Target
$289.00
Low Stock Price Target
$210.00
Potential Upside/Downside
+3.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
24 Analysts

Profitability

Net Income
$6.44 billion
Pretax Margin
11.78%

Debt

Sales & Book Value

Annual Sales
$86.38 billion
Cash Flow
$17.15 per share
Book Value
($26.17) per share

Miscellaneous

Free Float
573,618,000
Market Cap
$138.41 billion
Optionable
Optionable
Beta
1.12

Social Links

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

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Lowe's Companies was last updated on Wednesday, February 21, 2024 at 1:50 PM.

Pros

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

  • Lowe's Companies, Inc. operates as a home improvement retailer in the United States, offering a wide range of products and services to consumers.
  • The company has a strong online presence, allowing customers to shop conveniently through its website and mobile applications.
  • Lowe's Companies, Inc. has a long history, being founded in 1921, which indicates stability and experience in the industry.
  • The recent developments in the company have shown positive growth potential, attracting investors looking for opportunities in the home improvement sector.
  • The current stock price of Lowe's Companies, Inc. is competitive, making it an attractive option for investors seeking value in the market.

Cons

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

  • Despite its strong presence, Lowe's Companies, Inc. faces competition from other home improvement retailers, which could impact its market share and profitability.














LOW Stock Analysis - Frequently Asked Questions

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

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 11 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LOW shares.
View LOW analyst ratings
or view top-rated stocks.

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

23 equities research analysts have issued 1-year target prices for Lowe's Companies' stock. Their LOW share price targets range from $210.00 to $289.00. On average, they expect the company's share price to reach $248.67 in the next year. This suggests a possible upside of 3.3% 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 start of the year. Since then, LOW stock has increased by 8.1% and is now trading at $240.67.
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 January. As of January 15th, there was short interest totaling 8,190,000 shares, a decline of 6.4% from the December 31st total of 8,750,000 shares. Based on an average daily volume of 2,940,000 shares, the days-to-cover ratio is currently 2.8 days. Currently, 1.4% of the shares of the company 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) issued its earnings results on Tuesday, February, 27th. The home improvement retailer reported $1.77 EPS for the quarter, beating analysts' consensus estimates of $1.68 by $0.09. The home improvement retailer earned $18.60 billion during the quarter, compared to the consensus estimate 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 company's revenue was down 17.1% compared to the same quarter last year. During the same period last year, the company earned $2.28 earnings per share.
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 announced a quarterly dividend on Friday, November 10th. Stockholders of record on Wednesday, January 24th will be given a dividend of $1.10 per share on Wednesday, February 7th. This represents a $4.40 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date of this dividend is Tuesday, January 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 1.87%. 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 31.41% 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 updated 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 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 a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.87%), Massachusetts Financial Services Co. MA (1.39%), Norges Bank (1.28%), Northern Trust Corp (1.17%), Legal & General Group Plc (0.91%) and Nuveen Asset Management LLC (0.75%). 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 3/1/2024 by MarketBeat.com Staff