Lowe's Companies Company Profile (NYSE:LOW)

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

Lowe's Companies announced a quarterly dividend on Friday, August 18th. Investors of record on Wednesday, October 25th will be paid a dividend of $0.41 per share on Wednesday, November 8th. This represents a $1.64 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Tuesday, October 24th. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its board has authorized a share repurchase program on Tuesday, April 11th 2017, which allows the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 7.9% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.

Lowe's Companies, Inc. (NYSE:LOW) announced its quarterly earnings results on Wednesday, August, 23rd. The company reported $1.57 EPS for the quarter, missing analysts' consensus estimates of $1.62 by $0.05. The business had revenue of $19.50 billion for the quarter, compared to analysts' expectations of $19.58 billion. Lowe's Companies had a return on equity of 62.02% and a net margin of 4.51%. The company's revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm posted $1.37 earnings per share. View Lowe's Companies' Earnings History.

Lowe's Companies is scheduled to release their next quarterly earnings announcement on Tuesday, November, 21st 2017. View Earnings Estimates for Lowe's Companies.

Lowe's Companies issued an update on its FY18 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share (EPS) guidance of $4.20-4.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.64. The company issued revenue guidance of +5% to $68.27 billion, compared to the consensus revenue estimate of $68.40 billion.

23 brokerages have issued twelve-month price objectives for Lowe's Companies' shares. Their predictions range from $69.00 to $100.00. On average, they anticipate Lowe's Companies' share price to reach $85.68 in the next twelve months. View Analyst Ratings for Lowe's Companies.

Here are some recent quotes from research analysts about Lowe's Companies stock:

• 1. According to Zacks Investment Research, "Lowe’s shares have slid and underperformed the industry in the past six months. In fact, the stock came under pressure after it posted lower-than-expected second-quarter fiscal 2017 results. This was the second quarter in row wherein both the top and bottom lines fell short of the estimate. Nevertheless, both sales and earnings grew year over year, albeit at a rate lower than the preceding quarter. However, comps showed considerable improvement. We believe Lowe’s buyout of Maintenance Supply Headquarters will help strengthen relationship with pro customers. Further, improving job scenario, housing market recovery, merchandising initiatives and post hurricane construction activities along with efforts to enhance omni-channel capabilities bode well. Management expects sales to increase 5% with comps growth of 3.5% during fiscal 2017 but took a conservative stance when it comes to earnings per share and operating margin guidance." (9/21/2017)
• 2. Instinet analysts commented, "While we are impressed by the solid execution in the quarter and encouraged by the positive reads for the underlying home improvement category, our enthusiasm does not quite match the stock's reaction." (3/2/2017)
• 3. Jefferies Group LLC analysts commented, "Q4 sales and EPS beat against a tough comparison was encouraging as we continue to see a reversion to the mean in home improvement spending. Shares rose more than expected considering that most investors we spoke to were expecting strength in Q4, following the company's analyst event in Dec, strong vendor and competitor results and strong govt. sales data. We suspect the enthusiasm reflected the narrower comp gap with HD versus recent qtrs." (3/2/2017)

Some companies that are related to Lowe's Companies include McDonald's Corporation (MCD), Inditex (IDEXY), The Priceline Group (PCLN), Starbucks Corporation (SBUX), CVS Health Corporation (CVS), Walgreens Boots Alliance (WBA), Costco Wholesale Corporation (COST), JD.com (JD), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), Hennes & Mauritz AB (HNNMY), eBay (EBAY), Wal-Mart de Mexico SAB de CV (WMMVY), Compass Group PLC (CMPGY), Target Corporation (TGT), Ctrip.com International (CTRP), Yum! Brands (YUM) and Ross Stores (ROST).

Lowe's Companies' management team includes the folowing people:

• Robert A. Niblock, Chairman of the Board, President, Chief Executive Officer
• Marshall A. Croom, Chief Financial Officer
• Richard D. Maltsbarger, Chief Development Officer and President, International
• Ricky D. Damron, Chief Operating Officer
• Jennifer L. Weber, Chief Human Resource Officer
• Matthew V. Hollifield, Senior Vice President, Chief Accounting Officer
• Paul D. Ramsay, Chief Information Officer
• Ross W. McCanless, Chief Legal Officer, Secretary and Chief Compliance Officer
• Michael P. McDermott, Chief Customer Officer
• N. Brian Peace, Corporate Administration Executive

Lowe's Companies' stock is owned by many different of institutional and retail investors. Top institutional investors include Tukman Grossman Capital Management Inc. (0.01%), McQueen Ball & Associates Inc. (0.00%), Bridges Investment Management Inc. (0.00%), Beacon Financial Group (0.00%), Park National Corp OH (0.00%) and Bridges Investment Counsel Inc. (0.00%). Company insiders that own Lowe's Companies stock include Marshall A Croom, Matthew V Hollifield, Nelson B Peace, Paul D Ramsay, Richard D Maltsbarger, Ricky D Damron, Robert A Niblock, Robert F Hull Jr and Sandra B Cochran. View Institutional Ownership Trends for Lowe's Companies.

Lowe's Companies' stock was sold by a variety of institutional investors in the last quarter, including Tukman Grossman Capital Management Inc., Bridges Investment Counsel Inc., Bridges Investment Management Inc. and Park National Corp OH. Company insiders that have sold Lowe's Companies stock in the last year include Marshall A Croom, Matthew V Hollifield, Nelson B Peace, Paul D Ramsay, Richard D Maltsbarger, Ricky D Damron and Robert A Niblock. View Insider Buying and Selling for Lowe's Companies.

Lowe's Companies' stock was acquired by a variety of institutional investors in the last quarter, including Beacon Financial Group and McQueen Ball & Associates Inc.. View Insider Buying and Selling for Lowe's Companies.

Shares of Lowe's Companies can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Lowe's Companies stock can currently be purchased for approximately $81.20.