Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. It offers a line of products for maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal and outdoor living, lawn and garden, paint, millwork, flooring, and kitchens, as well as outdoor power equipment. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers. As of March 26, 2018, it operated 2,390 home improvement and hardware stores. The company also sells its products through online sites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Lumber & other building materials
Sub-IndustryHome Improvement Retail
SectorRetail/Wholesale
SymbolNYSE:LOW
CUSIP54866110
Phone704-758-1000
Debt
Debt-to-Equity Ratio2.60
Current Ratio1.02
Quick Ratio0.18
Price-To-Earnings
Trailing P/E Ratio22.93
Forward P/E Ratio18.47
P/E Growth1.11
Sales & Book Value
Annual Sales$68.62 billion
Price / Sales1.20
Cash Flow$6.3149 per share
Price / Cash15.94
Book Value$7.08 per share
Price / Book14.22
Profitability
EPS (Most Recent Fiscal Year)$4.39
Net Income$3.45 billion
Net Margins5.55%
Return on Equity66.36%
Return on Assets10.34%
Miscellaneous
Employees310,000
Outstanding Shares816,150,000
Market Cap$82,154.06
Lowe's Companies (NYSE:LOW) Frequently Asked Questions
What is Lowe's Companies' stock symbol?
Lowe's Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "LOW."
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, June 1st. Investors of record on Wednesday, July 25th will be given a dividend of $0.48 per share on Wednesday, August 8th. This represents a $1.92 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date of this dividend is Tuesday, July 24th. This is a boost from Lowe's Companies's previous quarterly dividend of $0.41. View Lowe's Companies' Dividend History.
How will Lowe's Companies' stock buyback program work?
Lowe's Companies announced that its Board of Directors has initiated a share repurchase program on Monday, January 29th 2018, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.
How were Lowe's Companies' earnings last quarter?
Lowe's Companies, Inc. (NYSE:LOW) announced its earnings results on Wednesday, May, 23rd. The home improvement retailer reported $1.19 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.22 by $0.03. The home improvement retailer had revenue of $17.36 billion for the quarter, compared to analysts' expectations of $17.44 billion. Lowe's Companies had a return on equity of 66.36% and a net margin of 5.55%. Lowe's Companies's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.03 EPS. View Lowe's Companies' Earnings History.
When is Lowe's Companies' next earnings date?
What guidance has Lowe's Companies issued on next quarter's earnings?
Lowe's Companies issued an update on its FY19 earnings guidance on Wednesday, May, 23rd. The company provided EPS guidance of $5.40-5.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.45. The company issued revenue guidance of +5% YoY to ~$71.2 billion, compared to the consensus revenue estimate of $71.22 billion.
What price target have analysts set for LOW?
32 brokerages have issued 1-year price targets for Lowe's Companies' shares. Their forecasts range from $82.00 to $129.00. On average, they anticipate Lowe's Companies' share price to reach $101.7037 in the next twelve months. This suggests a possible upside of 1.0% from the stock's current price. View Analyst Ratings for Lowe's Companies.
What is the consensus analysts' recommendation for Lowe's Companies?
32 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 8 hold ratings and 24 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
What are Wall Street analysts saying about Lowe's Companies stock?
Here are some recent quotes from research analysts about Lowe's Companies stock:
- 1. According to Zacks Investment Research, "Shares of Lowe’s have declined in the past three months. The company has been delivering lower-than-expected bottom line results for two consecutive quarters. Incidentally, performance during first-quarter fiscal 2018 was negatively impacted by unfavorable weather conditions in several regions, which led to delayed spring season sales. This in turn dented performance in the company’s outdoor categories. Further, the quarter witnessed higher SG&A expenses which dragged operating income. Persistence of such headwinds is a threat to Lowe’s performance in the forthcoming periods. On the flip side, the company has been delivering sturdy comps growth, courtesy of well-chalked brand and sales augmenting efforts in stores and from an omni-channel perspective. Also, the company’s focus on enhancing services to Pro customers is encouraging and has been yielding." (5/24/2018)
- 2. Wells Fargo & Co analysts commented, "We view today’s announcement as a positive catalyst for shares, and the first step in what we believe to be a likely multi-year turnaround at LOW. Based on our analysis, we calculate at least $900M in cost saving opportunities and see potential for 25-35% share upside over 2-3 years assuming the low end of 2-3 pts of EBIT margin improvement and 2-3x P/E turns. LOW is to report Q1 EPS tomorrow morning (5/23), and we look for incremental color on LOW 9am conference call. Reiterate Outperform." (5/22/2018)
Who are some of Lowe's Companies' key competitors?
Who are Lowe's Companies' key executives?
Lowe's Companies' management team includes the folowing people:
- Mr. Marshall A. Croom, Chief Financial Officer (Age 57)
- Ms. Jennifer L. Weber, Chief HR Officer (Age 51)
- Mr. Michael P. McDermott, Chief Customer Officer (Age 48)
- Mr. Marvin R. Ellison, Pres, CEO & Director (Age 53)
- Mr. Richard D. Maltsbarger, Chief Operating Officer (Age 42)
Has Lowe's Companies been receiving favorable news coverage?
News articles about LOW stock have trended somewhat positive recently, according to Accern Sentiment. Accern ranks the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lowe's Companies earned a news sentiment score of 0.24 on Accern's scale. They also assigned news headlines about the home improvement retailer an impact score of 47.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Lowe's Companies' major shareholders?
Lowe's Companies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Ironsides Asset Advisors LLC (1.02%), Bank of Montreal Can (0.52%), Cornerstone Wealth Management LLC (0.10%), Gateway Investment Advisers LLC (0.07%), Factory Mutual Insurance Co. (0.05%) and Retirement Systems of Alabama (0.05%). 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 and Robert A Niblock. View Institutional Ownership Trends for Lowe's Companies.
Which institutional investors are selling Lowe's Companies stock?
LOW stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Factory Mutual Insurance Co., Westpac Banking Corp, Hartford Investment Management Co., Calamos Advisors LLC, Osborne Partners Capital Management LLC, Whittier Trust Co. and Cullinan Associates Inc.. Company insiders that have sold Lowe's Companies company stock in the last year include Matthew V Hollifield, Nelson B Peace and Paul D Ramsay. View Insider Buying and Selling for Lowe's Companies.
Which institutional investors are buying Lowe's Companies stock?
LOW stock was purchased by a variety of institutional investors in the last quarter, including Ironsides Asset Advisors LLC, Cornerstone Wealth Management LLC, Assenagon Asset Management S.A., Chicago Capital LLC, Ledyard National Bank, Arbor Investment Advisors LLC, Addenda Capital Inc. and State of Alaska Department of Revenue. View Insider Buying and Selling for Lowe's Companies.
How do I buy shares of Lowe's Companies?
Shares of LOW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Lowe's Companies' stock price today?
One share of LOW stock can currently be purchased for approximately $100.66.
How big of a company is Lowe's Companies?
Lowe's Companies has a market capitalization of $82.15 billion and generates $68.62 billion in revenue each year. The home improvement retailer earns $3.45 billion in net income (profit) each year or $4.39 on an earnings per share basis. Lowe's Companies employs 310,000 workers across the globe.
How can I contact Lowe's Companies?
Lowe's Companies' mailing address is 1000 LOWE`S BLVD, MOORESVILLE NC, 28117. The home improvement retailer can be reached via phone at 704-758-1000 or via email at [email protected]
MarketBeat Community Rating for Lowe's Companies (NYSE LOW)
MarketBeat's community ratings are surveys of what our community members think about Lowe's Companies and other stocks. Vote "Outperform" if you believe LOW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOW will underperform the S&P 500 over the long term. You may vote once every thirty days.
