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, 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOW shares.
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20 equities research analysts have issued 1 year price objectives for Lowe's Companies' shares. Their LOW share price forecasts range from $190.00 to $285.00. On average, they predict the company's share price to reach $237.53 in the next twelve months. This suggests a possible upside of 18.4% 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 22.4% and is now trading at $200.64.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
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Lowe's Companies, Inc. (NYSE:LOW) announced its quarterly earnings results on Wednesday, May, 18th. The home improvement retailer reported $3.51 earnings per share for the quarter, topping the consensus estimate of $3.24 by $0.27. The home improvement retailer earned $23.66 billion during the quarter, compared to analysts' expectations of $23.72 billion. Lowe's Companies had a net margin of 8.85% and a negative trailing twelve-month return on equity of 251.50%. The firm's revenue was down 3.1% compared to the same quarter last year. During the same period last year, the business earned $3.21 earnings per share.
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Lowe's Companies announced a quarterly dividend on Friday, May 27th. Stockholders of record on Wednesday, July 20th will be given a dividend of $1.05 per share on Wednesday, August 3rd. This represents a $4.20 annualized dividend and a dividend yield of 2.09%. The ex-dividend date is Tuesday, July 19th. This is a positive change from the stock's previous quarterly dividend of $0.80.
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 2.08%. 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 34.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 28.77% 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 has authorized a share repurchase program on Wednesday, December 15th 2021, which allows the company to repurchase $13,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.6% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Lowe's Companies issued an update on its FY 2022 earnings guidance on Wednesday, June, 15th. The company provided earnings per share (EPS) guidance of $13.10-$13.60 for the period, compared to the consensus EPS estimate of $13.38. The company issued revenue guidance of $97.00 billion-$99.00 billion, compared to the consensus revenue estimate of $98.13 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 variety of institutional and retail investors. Top institutional investors include Lazard Asset Management LLC (0.54%), Swiss National Bank (0.45%), Egerton Capital UK LLP (0.38%), Sumitomo Mitsui Trust Holdings Inc. (0.36%), Maj Invest Holding A S (0.33%) and Allen Investment Management LLC (0.24%). Insiders that own company stock include David H Batchelder, Jennifer L Weber, Marvin R Ellison, Matthew V Hollifield, 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 $200.64.

Lowe's Companies (NYSE:LOW) has a market capitalization of $128.23 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 $12.27 on an earnings per share basis.

The company employs 340,000 workers across the globe.

Lowe's Companies was founded in 1921.

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.