Lowe's Companies (LOW) Stock Forecast, Price & News

Lowe's Companies (NYSE:LOW) Frequently Asked Questions

Is Lowe's Companies a buy right now?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Lowe's Companies stock.
View analyst ratings for Lowe's Companies or view top-rated stocks.

Are investors shorting Lowe's Companies?

Lowe's Companies saw a increase in short interest in April. As of April 15th, there was short interest totaling 10,260,000 shares, an increase of 21.4% from the March 31st total of 8,450,000 shares. Based on an average daily volume of 4,140,000 shares, the days-to-cover ratio is currently 2.5 days. Approximately 1.6% of the company's stock are sold short.
View Lowe's Companies' Short Interest.

When is Lowe's Companies' next earnings date?

Lowe's Companies is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our earnings forecast for Lowe's Companies.

How were Lowe's Companies' earnings last quarter?

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 $3.22 by $0.29. The home improvement retailer had revenue of $23.66 billion for the quarter, compared to analyst estimates 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 company's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.21 EPS.
View Lowe's Companies' earnings history.

How often does Lowe's Companies pay dividends? What is the dividend yield for Lowe's Companies?

Lowe's Companies declared a quarterly dividend on Friday, March 18th. Stockholders of record on Wednesday, April 20th will be given a dividend of $0.80 per share on Wednesday, May 4th. This represents a $3.20 annualized dividend and a yield of 1.73%. The ex-dividend date of this dividend is Tuesday, April 19th.
View Lowe's Companies' dividend history.

Is Lowe's Companies a good dividend stock?

Lowe's Companies pays an annual dividend of $3.20 per share and currently has a dividend yield of 1.70%. Lowe's Companies has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Lowe's Companies is 26.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lowe's Companies will have a dividend payout ratio of 21.78% next year. This indicates that Lowe's Companies will be able to sustain or increase its dividend.
View Lowe's Companies' dividend history.

How will Lowe's Companies' stock buyback program work?

Lowe's Companies announced that its board has authorized a share repurchase plan on Wednesday, December 15th 2021, which permits the company to buyback $13,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 7.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

What guidance has Lowe's Companies issued on next quarter's earnings?

Lowe's Companies updated its FY23 earnings guidance on Wednesday, May, 18th. The company provided earnings per share guidance of $13.10-13.60 for the period, compared to the consensus earnings per share estimate of $13.40. The company issued revenue guidance of $97-99 billion, compared to the consensus revenue estimate of $97.97 billion.

What price target have analysts set for LOW?

19 brokers have issued 12-month price objectives for Lowe's Companies' stock. Their forecasts range from $190.00 to $285.00. On average, they anticipate Lowe's Companies' share price to reach $246.00 in the next year. This suggests a possible upside of 33.2% from the stock's current price.
View analysts' price targets for Lowe's Companies or view top-rated stocks among Wall Street analysts.

Who are Lowe's Companies' key executives?

Lowe's Companies' management team includes the following people:

• Mr. Marvin R. Ellison, Pres, CEO & Chairman (Age 57, Pay $7.03M)
• Mr. David M. Denton, Exec. VP, CFO & Principal Financial Officer (Age 57, Pay $3.25M)
• Ms. Seemantini Godbole, Exec. VP & Chief Information Officer (Age 52, Pay $2.13M) (LinkedIn Profile)
• Mr. William P. Boltz, Exec. VP of Merchandising (Age 59, Pay $2.36M)
• Mr. Joseph Michael McFarland III, Exec. VP of Stores (Age 52, Pay $2.34M)
• Mr. Dan Clayton Griggs Jr., Sr. VP of Tax & Chief Accounting Officer (Age 44)
• Ms. Kate Pearlman, VP of Investor Relations
• Mr. Ross William McCanless, Exec. VP, Gen. Counsel & Corp. Sec. (Age 64)
• Mr. Jeff R. Vining, Sr. VP, Chief Compliance Officer & Deputy Gen. Counsel
• Ms. Marisa F. Thalberg, Exec. VP and Chief Brand & Marketing Officer (Age 52)

What is Marvin Ellison's approval rating as Lowe's Companies' CEO?

2,818 employees have rated Lowe's Companies CEO Marvin Ellison on Glassdoor.com. Marvin Ellison has an approval rating of 62% among Lowe's Companies' employees. This puts Marvin Ellison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Lowe's Companies' key competitors?

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

What other stocks do shareholders of Lowe's Companies own?

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).

What is Lowe's Companies' stock symbol?

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

Who are Lowe's Companies' major shareholders?

Lowe's Companies' stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.65%), BlackRock Inc. (6.85%), State Street Corp (4.35%), Pershing Square Capital Management L.P. (1.54%), Northern Trust Corp (1.24%) and Wellington Management Group LLP (1.01%). Company insiders that own Lowe's Companies stock include David H Batchelder, Ross W Mccanless and Seemantini Godbole.
View institutional ownership trends for Lowe's Companies.

Which institutional investors are selling Lowe's Companies stock?

LOW stock was sold by a variety of institutional investors in the last quarter, including State Street Corp, American Century Companies Inc., BlackRock Inc., Canada Pension Plan Investment Board, Vanguard Group Inc., Artemis Investment Management LLP, 1832 Asset Management L.P., and Citigroup Inc..
View insider buying and selling activity for Lowe's Companies or view top insider-selling stocks.

Which institutional investors are buying Lowe's Companies stock?

LOW stock was bought by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, Renaissance Technologies LLC, Egerton Capital UK LLP, Arrowstreet Capital Limited Partnership, First Trust Advisors LP, Invesco Ltd., Bristol Gate Capital Partners Inc., and Truist Financial Corp.
View insider buying and selling activity for Lowe's Companies or or view top insider-buying stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Lowe's Companies' stock price today?

One share of LOW stock can currently be purchased for approximately $184.69.

How much money does Lowe's Companies make?

Lowe's Companies has a market capitalization of $122.10 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.

How many employees does Lowe's Companies have?

Lowe's Companies employs 340,000 workers across the globe.

Does Lowe's Companies have any subsidiaries?

The following companies are subsidiares of Lowe's Companies: ATG, Atlas Pipeline Partners L.P., Boomerang Commerce, Lowe’s Companies Canada ULC, Lowe’s Home Centers LLC, Maintenance Supply Headquarters, Orchard Supply Hardware, RONA, RONA Inc., Retail Analytics platform of Boomerang Commerce, and StainMaster.

When was Lowe's Companies founded?

Lowe's Companies was founded in 1921.

What is Lowe's Companies' official website?

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

How can I contact Lowe's Companies?

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, via email at [email protected], or via fax at 704-757-0576.