Lowe's Companies Stock Forecast, Price & News

20 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, 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Lowe's Companies stock.
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20 Wall Street research analysts have issued twelve-month price objectives for Lowe's Companies' shares. Their LOW stock forecasts range from $190.00 to $285.00. On average, they expect Lowe's Companies' share price to reach $240.16 in the next year. This suggests a possible upside of 37.5% from the stock's current price.
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Lowe's Companies' stock was trading at $258.48 at the beginning of the year. Since then, LOW stock has decreased by 32.4% and is now trading at $174.72.
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Lowe's Companies 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 earnings results on Wednesday, May, 18th. The home improvement retailer reported $3.51 EPS for the quarter, topping analysts' consensus estimates of $3.22 by $0.29. The home improvement retailer earned $23.66 billion during the quarter, compared to the consensus estimate of $23.72 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 251.50% and a net margin of 8.85%. Lowe's Companies's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business earned $3.21 EPS.
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Lowe's Companies declared a quarterly dividend on Friday, May 27th. Investors 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 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date of this dividend is Tuesday, July 19th. This is a boost from Lowe's Companies's previous quarterly dividend of $0.80.
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Lowe's Companies(NYSE:LOW) pays an annual dividend of $3.20 per share and currently has a dividend yield of 1.74%. Lowe's Companies 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 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 21.77% next year. This indicates that Lowe's Companies will be able to sustain or increase its dividend.
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Lowe's Companies declared that its Board of Directors has initiated a stock buyback program on Wednesday, December 15th 2021, which authorizes the company to repurchase $13,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 7.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are undervalued.

Lowe's Companies updated 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 earnings per share 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 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.

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).
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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 number of retail and institutional investors. Top institutional shareholders 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, Jennifer L Weber, Marvin R Ellison, Matthew V Hollifield, Ross W Mccanless and Seemantini Godbole.
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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., Neuberger Berman Group LLC, Artemis Investment Management LLP, and 1832 Asset Management L.P.. Company insiders that have sold Lowe's Companies company stock in the last two years include Ross W Mccanless, and Seemantini Godbole.
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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.
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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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One share of LOW stock can currently be purchased for approximately $174.72.

Lowe's Companies (NYSE:LOW) has a market capitalization of $111.67 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.

Lowe's Companies 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 Lowe's Companies is www.lowes.com. 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.