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, June 2nd. Stockholders of record on Wednesday, July 26th will be given a dividend of $0.41 per share on Wednesday, August 9th. This represents a $1.64 annualized dividend and a dividend yield of 2.13%. The ex-dividend date of this dividend is Monday, July 24th. This is a positive change from Lowe's Companies's previous quarterly dividend of $0.35. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its board has approved a stock repurchase program on Tuesday, April 11th 2017, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 7.9% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings results on Wednesday, May, 24th. The company reported $1.03 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.06 by $0.03. The company had revenue of $16.86 billion for the quarter, compared to analysts' expectations of $16.99 billion. Lowe's Companies had a net margin of 4.22% and a return on equity of 56.78%. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.87 EPS. View Lowe's Companies' Earnings History.

Lowe's Companies is scheduled to release their next quarterly earnings announcement on Wednesday, August, 23rd 2017. View Earnings Estimates for Lowe's Companies.

24 analysts have issued 12 month target prices for Lowe's Companies' shares. Their predictions range from $68.00 to $100.00. On average, they anticipate Lowe's Companies' share price to reach $85.58 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, "It seems that Lowe's has not been able to extract optimum benefit from improving job scenario and gradual recovery in the housing market. The stock hasn’t exhibited a considerable run in the bourses and just increased 6.6% in the past six months when compared with the industry’s gain of 8.8%. Lower-than-expected first-quarter fiscal 2017 results can be cited as one of the reasons for the same. We also noted that comparable sales did increase but came below analysts’ expectations and the rate of growth decelerated sequentially. Moreover, contraction in gross margin continued in the quarter as well. Nevertheless, management is focusing on improving its merchandising initiatives along with efforts to provide better omni-channel facilities and is also strengthening its relationship with pro customers. The company is concentrating on enhancing supply chain and managing inventory as well as containing costs." (7/17/2017)
• 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), Starbucks Corporation (SBUX), Walgreens Boots Alliance (WBA), CVS Health Corporation (CVS), Costco Wholesale Corporation (COST), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), Hennes & Mauritz AB (HNNMY), Wal-Mart de Mexico SAB de CV (WMMVY), eBay (EBAY), Target Corporation (TGT), Yum! Brands (YUM), Expedia (EXPE), Kroger Company (The) (KR), Ross Stores (ROST) and Dollar General Corporation (DG).

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 a variety of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.45%), Flossbach Von Storch AG (0.25%), Great West Life Assurance Co. Can (0.23%), AMF Pensionsforsakring AB (0.15%), Russell Investments Group Ltd. (0.15%) and APG Asset Management N.V. (0.14%). 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 APG Asset Management N.V., Bank of Montreal Can, Confluence Investment Management LLC, Russell Investments Group Ltd., Strs Ohio, Tokio Marine Asset Management Co. Ltd., Exxonmobil Investment Management Inc. TX and Personal Capital Advisors Corp. 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 purchased by a variety of institutional investors in the last quarter, including PGGM Investments, CWM LLC, Flossbach Von Storch AG, Douglas Lane & Associates LLC, Mn Services Vermogensbeheer B.V., Harbour Capital Advisors LLC, Great West Life Assurance Co. Can and Gradient Investments LLC. 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 $77.00.