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

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, November 8th. Investors of record on Wednesday, January 22nd will be paid a dividend of $0.55 per share on Wednesday, February 5th. This represents a $2.20 annualized dividend and a yield of 1.80%. The ex-dividend date is Tuesday, January 21st. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its board has authorized a stock buyback plan 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 purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings data on Wednesday, November, 20th. The home improvement retailer reported $1.41 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.35 by $0.06. The home improvement retailer had revenue of $17.39 billion for the quarter, compared to the consensus estimate of $17.69 billion. Lowe's Companies had a return on equity of 146.62% and a net margin of 4.11%. The firm's revenue was down .2% on a year-over-year basis. During the same period in the previous year, the business posted $1.04 earnings per share. View Lowe's Companies' Earnings History.

Lowe's Companies is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Lowe's Companies.

Lowe's Companies updated its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $$5.63-5.70 for the period, compared to the Thomson Reuters consensus estimate of $$5.67. The company issued revenue guidance of $$72.735-72.735 billion, compared to the consensus revenue estimate of $$72.53 billion.

26 equities research analysts have issued 12-month target prices for Lowe's Companies' stock. Their forecasts range from $105.00 to $145.00. On average, they anticipate Lowe's Companies' stock price to reach $130.04 in the next year. This suggests a possible upside of 6.7% from the stock's current price. View Analyst Price Targets for Lowe's Companies.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 5 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lowe's Companies.

Headlines about LOW stock have trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lowe's Companies earned a media sentiment score of 1.6 on InfoTrie's scale. They also assigned press coverage about the home improvement retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Lowe's Companies.

Lowe's Companies saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 9,940,000 shares, a drop of 9.9% from the December 15th total of 11,030,000 shares. Based on an average daily trading volume, of 3,500,000 shares, the days-to-cover ratio is presently 2.8 days. Currently, 1.3% of the company's stock are short sold. View Lowe's Companies' Current Options Chain.

Some companies that are related to Lowe's Companies include Home Depot (HD), Travis Perkins (TVPKF), Floor & Decor (FND), Builders FirstSource (BLDR), BMC Stock (BMCH), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lowe's Companies investors own include Home Depot (HD), Visa (V), NVIDIA (NVDA), AT&T (T), Walt Disney (DIS), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Starbucks (SBUX) and AbbVie (ABBV).

Lowe's Companies' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.20%), Artemis Investment Management LLP (0.13%), Ironsides Asset Advisors LLC (0.12%), Calamos Advisors LLC (0.09%), PGGM Investments (0.05%) and Gateway Investment Advisers LLC (0.05%). Company insiders that own Lowe's Companies stock include Brian C Rogers, Donald Frieson, Jennifer L Weber, Lisa W Wardell, Marshall A Croom, Marvin R Ellison and Matthew V Hollifield. View Institutional Ownership Trends for Lowe's Companies.

LOW stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Tocqueville Asset Management L.P., Commerzbank Aktiengesellschaft FI, Farmers & Merchants Investments Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, United Services Automobile Association, Nisa Investment Advisors LLC and Calamos Advisors LLC. Company insiders that have sold Lowe's Companies company stock in the last year include Jennifer L Weber and Matthew V Hollifield. View Insider Buying and Selling for Lowe's Companies.

LOW stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Artemis Investment Management LLP, Verde Servicos Internacionais S.A., Empire Life Investments Inc., Triangle Securities Wealth Management, Hoey Investments Inc., DNB Asset Management AS and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have bought Lowe's Companies stock in the last two years include Brian C Rogers, Donald Frieson, Lisa W Wardell and Marvin R Ellison. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of LOW stock can currently be purchased for approximately $121.91.

Lowe's Companies has a market capitalization of $93.44 billion and generates $71.31 billion in revenue each year. The home improvement retailer earns $2.31 billion in net income (profit) each year or $5.14 on an earnings per share basis. Lowe's Companies employs 300,000 workers across the globe.View Additional Information About Lowe's Companies.

The official website for Lowe's Companies is http://www.lowes.com/.

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]