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 declared a quarterly dividend on Friday, August 18th. Stockholders of record on Wednesday, October 25th will be given a dividend of $0.41 per share on Wednesday, November 8th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date is Tuesday, October 24th. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its board has initiated a stock repurchase program on Tuesday, April 11th 2017, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 7.9% of its shares through open market purchases. Shares buyback programs are usually 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, August, 23rd. The company reported $1.57 earnings per share for the quarter, missing the consensus estimate of $1.62 by $0.05. The company had revenue of $19.50 billion for the quarter, compared to the consensus estimate of $19.58 billion. Lowe's Companies had a net margin of 4.51% and a return on equity of 62.02%. The firm's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the company earned $1.37 EPS. View Lowe's Companies' Earnings History.

Lowe's Companies is scheduled to release their next quarterly earnings announcement on Tuesday, November, 21st 2017. View Earnings Estimates for Lowe's Companies.

Lowe's Companies issued an update on its FY18 earnings guidance on Wednesday, August, 23rd. The company provided earnings per share guidance of $4.20-4.30 for the period, compared to the Thomson Reuters consensus estimate of $4.64. The company issued revenue guidance of +5% to $68.27 billion, compared to the consensus revenue estimate of $68.40 billion.

23 brokers have issued 1 year target prices for Lowe's Companies' shares. Their predictions range from $69.00 to $100.00. On average, they anticipate Lowe's Companies' stock price to reach $85.68 in the next year. 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, "Lowe’s shares have slid and underperformed the industry in the past six months. In fact, the stock came under pressure after it posted lower-than-expected second-quarter fiscal 2017 results. This was the second quarter in row wherein both the top and bottom lines fell short of the estimate. Nevertheless, both sales and earnings grew year over year, albeit at a rate lower than the preceding quarter. However, comps showed considerable improvement. We believe Lowe’s buyout of Maintenance Supply Headquarters will help strengthen relationship with pro customers. Further, improving job scenario, housing market recovery, merchandising initiatives and post hurricane construction activities along with efforts to enhance omni-channel capabilities bode well. Management expects sales to increase 5% with comps growth of 3.5% during fiscal 2017 but took a conservative stance when it comes to earnings per share and operating margin guidance." (9/21/2017)
• 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), CVS Health Corporation (CVS), Walgreens Boots Alliance (WBA), Costco Wholesale Corporation (COST), JD.com (JD), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), eBay (EBAY), Wal-Mart de Mexico SAB de CV (WMMVY), Hennes & Mauritz AB (HNNMY), Compass Group PLC (CMPGY), Target Corporation (TGT), Yum! Brands (YUM), Ctrip.com International (CTRP) and Ross Stores (ROST).

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 many different of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.15%), PGGM Investments (0.12%), Assenagon Asset Management S.A. (0.10%), Douglas Lane & Associates LLC (0.06%), State Treasurer State of Michigan (0.03%) and Farmers & Merchants Investments Inc. (0.02%). 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 Tukman Grossman Capital Management Inc., State Treasurer State of Michigan, Bridges Investment Counsel Inc., Foster & Motley Inc., Moloney Securities Asset Management LLC, Viking Fund Management LLC, Verde Servicos Internacionais S.A. and Summit X LLC. 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 Assenagon Asset Management S.A., PGGM Investments, Douglas Lane & Associates LLC, Shell Asset Management Co., APG Asset Management N.V., Farmers & Merchants Investments Inc., Carnick & Kubik Group LLC and Founders Capital Management. 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 $80.04.