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Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Federal student loan payments are starting again. Here's what you need to know
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
A fight over precious groundwater in a rural California town is rooted in carrots
California governor rejects bill to give unemployment checks to striking workers

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

$207.84
+0.06 (+0.03%)
(As of 09/29/2023 ET)
Compare
Today's Range
$207.30
$210.38
50-Day Range
$206.96
$234.99
52-Week Range
$176.50
$237.21
Volume
2.30 million shs
Average Volume
2.89 million shs
Market Capitalization
$119.95 billion
P/E Ratio
20.46
Dividend Yield
2.12%
Price Target
$237.90

Lowe's Companies MarketRank™ Forecast

Analyst Rating
Hold
2.39 Rating Score
Upside/​Downside
14.5% Upside
$237.90 Price Target
Short Interest
Bearish
1.74% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-2.74
Upright™ Environmental Score
News Sentiment
0.63mentions of Lowe
Based on 17 Articles This Week
Insider Trading
Selling Shares
$2.25 M Sold Last Quarter
Proj. Earnings Growth
8.41%
From $13.44 to $14.57 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Retail/Wholesale Sector

44th out of 213 stocks

Lumber & Other Building Materials Industry

2nd out of 5 stocks


LOW stock logo

About Lowe's Companies (NYSE:LOW) Stock

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 Price History

LOW Stock News Headlines

These are the Top 3 Sectors for 3rd Quarter Profit Growth (LOW)
The Q3 earnings reporting is approaching quickly and the news will not all be good; These are the top sectors to watch for growth.
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The Dow 30 stocks frequently serve as a barometer of investor sentiment; here are five undervalued Dow stocks that may power higher in the last part of 2023
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
3 Dividend Kings Poised to Outperform the Market (LOW)
Wall Street expects these three Dividend Kings who have raised their dividend payments for 50 or more consecutive years to keep delivering dividend gold.
These Quality Dividend Kings Grow their Dividends the Fastest
Dividend Kings are among the highest quality stocks for income investors, and these are growing their distribution fastest and can sustain high growth.
Porter’s to be sold to Lowe’s markets
Laser breakthrough could send stock soaring 2,467%
Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...
Investors Buy High Volume of Lowe's Companies Put Options (NYSE:LOW)
Lowe's: Hold Onto This Long-Term Compounder
Lowe's: Seizing Downturns For Future Fortunes
Lowe's Companies (NYSE:LOW) Now Covered by HSBC
Lowe's (LOW) Stock Moves -0.06%: What You Should Know
See More Headlines
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LOW Company Calendar

Ex-Dividend for 8/9 Dividend
7/25/2023
Dividend Payable
8/09/2023
Last Earnings
8/22/2023
Today
10/01/2023
Ex-Dividend for 11/8 Dividend
10/24/2023
Dividend Payable
11/08/2023
Next Earnings (Estimated)
11/15/2023
Fiscal Year End
1/31/2024

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 Forecast
$237.90
High Stock Price Forecast
$289.00
Low Stock Price Forecast
$159.00
Forecasted Upside/Downside
+14.5%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
28 Analysts

Profitability

Net Income
$6.44 billion
Pretax Margin
9.11%

Debt

Sales & Book Value

Annual Sales
$97.06 billion
Cash Flow
$17.96 per share
Book Value
($25.53) per share

Miscellaneous

Free Float
575,615,000
Market Cap
$119.95 billion
Optionable
Optionable
Beta
1.09

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Key Executives

  • Mr. Marvin R. EllisonMr. Marvin R. Ellison (Age 58)
    Pres, CEO & Chairman
    Comp: $5.2M
  • Mr. Brandon J. Sink (Age 47)
    Exec. VP & CFO
    Comp: $1.46M
  • Ms. Seemantini  GodboleMs. Seemantini Godbole (Age 53)
    Exec. VP and Chief Information & Digital Officer
    Comp: $1.8M
  • Mr. William P. Boltz (Age 60)
    Exec. VP of Merchandising
    Comp: $1.93M
  • Mr. Joseph Michael McFarland IIIMr. Joseph Michael McFarland III (Age 53)
    Exec. VP of Stores
    Comp: $1.93M
  • Mr. Dan Clayton Griggs Jr. (Age 45)
    Sr. VP of Tax & Chief Accounting Officer
  • Ms. Kate Pearlman
    VP of Investor Relations
  • Mr. Jeff R. Vining
    Sr. VP, Chief Compliance Officer & Deputy Gen. Counsel
  • Ms. Juliette Williams Pryor (Age 58)
    Exec. VP, Chief Legal Officer & Corp. Sec.
  • Ms. Janice M. DupreMs. Janice M. Dupre (Age 58)
    Exec. VP of HR













LOW Stock - Frequently Asked Questions

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

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 2 sell ratings, 13 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

28 Wall Street research analysts have issued 12-month target prices for Lowe's Companies' stock. Their LOW share price forecasts range from $159.00 to $289.00. On average, they expect the company's share price to reach $237.90 in the next year. This suggests a possible upside of 14.5% 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 2023?

Lowe's Companies' stock was trading at $199.24 at the start of the year. Since then, LOW shares have increased by 4.3% and is now trading at $207.84.
View the best growth stocks for 2023 here
.

When is Lowe's Companies' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our LOW earnings forecast
.

How were Lowe's Companies' earnings last quarter?

Lowe's Companies, Inc. (NYSE:LOW) announced its quarterly earnings results on Tuesday, August, 22nd. The home improvement retailer reported $4.56 EPS for the quarter, topping the consensus estimate of $4.49 by $0.07. The home improvement retailer earned $24.96 billion during the quarter, compared to the consensus estimate of $24.97 billion. Lowe's Companies had a net margin of 6.48% and a negative trailing twelve-month return on equity of 58.56%. The company's revenue was down 9.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.67 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, August 18th. Investors of record on Wednesday, October 25th will be paid a dividend of $1.10 per share on Wednesday, November 8th. This represents a $4.40 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date of this dividend is Tuesday, October 24th.
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 2.12%. The company has been increasing its dividend for 50 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 43.31%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 30.20% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOW.

How will Lowe's Companies' stock buyback program work?

Lowe's Companies announced that its Board of Directors has authorized a stock repurchase plan on Wednesday, December 15th 2021, which authorizes the company to repurchase $13,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 7.6% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

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

Lowe's Companies issued an update on its FY 2023 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of $13.20-$13.60 for the period, compared to the consensus estimate of $13.37. The company issued revenue guidance of $87.00 billion-$89.00 billion, compared to the consensus revenue estimate of $88.08 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).

What is Lowe's Companies' stock symbol?

Lowe's Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "LOW."

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lowe's Companies' stock price today?

One share of LOW stock can currently be purchased for approximately $207.84.

How much money does Lowe's Companies make?

Lowe's Companies (NYSE:LOW) has a market capitalization of $119.95 billion and generates $97.06 billion in revenue each year. The home improvement retailer earns $6.44 billion in net income (profit) each year or $10.16 on an earnings per share basis.

How many employees does Lowe's Companies have?

The company employs 307,000 workers across the globe.

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
How can I contact Lowe's Companies?

Lowe's Companies' mailing address is 1000 LOWE`S BLVD, MOORESVILLE NC, 28117. The official website for the company is www.lowes.com. The home improvement retailer can be reached via phone at (704) 758-1000, via email at investorrelations@lowes.com, or via fax at 704-757-0576.

This page (NYSE:LOW) was last updated on 10/1/2023 by MarketBeat.com Staff

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