Lowe's Companies - LOW Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOW shares.
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20 Wall Street analysts have issued 12 month price targets for Lowe's Companies' stock. Their LOW share price forecasts range from $190.00 to $285.00. On average, they predict the company's stock price to reach $244.05 in the next year. This suggests a possible upside of 31.2% from the stock's current price.
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Lowe's Companies' stock was trading at $258.48 on January 1st, 2022. Since then, LOW stock has decreased by 28.0% and is now trading at $186.02.
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Lowe's Companies saw a increase in short interest in August. As of August 31st, there was short interest totaling 16,690,000 shares, an increase of 50.5% from the August 15th total of 11,090,000 shares. Based on an average daily volume of 3,670,000 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.7% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our LOW earnings forecast.

Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings data on Wednesday, August, 17th. The home improvement retailer reported $4.67 earnings per share for the quarter, beating analysts' consensus estimates of $4.63 by $0.04. The home improvement retailer earned $27.48 billion during the quarter, compared to the consensus estimate of $28.16 billion. Lowe's Companies had a net margin of 8.83% and a negative trailing twelve-month return on equity of 155.26%. The firm's quarterly revenue was down .3% compared to the same quarter last year. During the same period in the prior year, the business earned $4.25 EPS.
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Lowe's Companies declared a quarterly dividend on Friday, August 26th. Shareholders of record on Wednesday, October 19th will be given a dividend of $1.05 per share on Wednesday, November 2nd. This represents a $4.20 annualized dividend and a yield of 2.26%. The ex-dividend date is Tuesday, October 18th.
Read our dividend analysis for LOW.

Lowe's Companies (NYSE:LOW) pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.23%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 29.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOW.

Lowe's Companies announced that its Board of Directors has approved a stock repurchase program on Wednesday, December 15th 2021, which permits the company to repurchase $13,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

Lowe's Companies issued an update on its FY 2022 earnings guidance on Wednesday, September, 14th. The company provided EPS guidance of $13.10-$13.60 for the period, compared to the consensus estimate of $13.39. The company issued revenue guidance of $97.00 billion-$99.00 billion, compared to the consensus revenue estimate of $97.54 billion.

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.

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).

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

Lowe's Companies' stock is owned by a number of institutional and retail investors. Top institutional investors include State Street Corp (4.30%), FMR LLC (3.71%), Northern Trust Corp (1.24%), Massachusetts Financial Services Co. MA (1.10%), Legal & General Group Plc (0.78%) and Franklin Resources Inc. (0.63%). Insiders that own company stock include David H Batchelder, Marvin R Ellison, Ross W Mccanless and Seemantini Godbole.
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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.
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One share of LOW stock can currently be purchased for approximately $186.02.

Lowe's Companies (NYSE:LOW) has a market capitalization of $115.46 billion and generates $96.25 billion in revenue each year. The home improvement retailer earns $8.44 billion in net income (profit) each year or $12.69 on an earnings per share basis.

The company employs 340,000 workers across the globe.

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.