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 given a dividend of $0.41 per share on Wednesday, November 8th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date is Tuesday, October 24th. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its board has initiated a stock buyback plan on Tuesday, April 11th 2017, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is 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 the consensus estimate of $19.58 billion. Lowe's Companies had a net margin of 4.51% and a return on equity of 62.02%. The business's revenue was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $1.37 EPS. 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 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 1-year price objectives for Lowe's Companies' stock. Their predictions range from $69.00 to $100.00. On average, they expect Lowe's Companies' stock price to reach $85.33 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 weaker-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 Zacks Consensus Estimate. Nevertheless, both sales and earnings grew year over year, albeit at a rate lower than the preceding quarter. However, comps showed considerable improvement. Further, improving job scenario, recovery in the housing market and merchandising initiatives along with efforts to enhance omni-channel capabilities bode well. Management continues to expect sales to increase 5% with comps growth of 3.5% during fiscal 2017. However, lower-than-expected second-quarter results and investment plans compelled Lowe’s to trim fiscal 2017 earnings view. Lowe’s investment in customer-facing hours in stores and promotions will hurt margins." (9/11/2017)
• 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), Walgreens Boots Alliance (WBA), CVS Health Corporation (CVS), Starbucks Corporation (SBUX), Costco Wholesale Corporation (COST), JD.com (JD), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), Wal-Mart de Mexico SAB de CV (WMMVY), eBay (EBAY), Hennes & Mauritz AB (HNNMY), 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.67%), BlackRock Inc. (7.27%), State Street Corp (4.55%), Magellan Asset Management Ltd (2.25%), Northern Trust Corp (1.27%) and FMR LLC (1.15%). 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 Iridian Asset Management LLC CT, State Street Corp, Alliancebernstein L.P., Numeric Investors LLC, APG Asset Management N.V., Macquarie Group Ltd., Laurion Capital Management LP and TIAA CREF Investment Management LLC. 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, Janus Henderson Group PLC, Parametric Portfolio Associates LLC, Glenview Capital Management LLC, Lord Abbett & CO. LLC, Vanguard Group Inc., Neuberger Berman Group LLC and Sustainable Growth Advisers LP. 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 $77.49.