Lowe's Companies - LOW Stock Forecast, Price & News

20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LOW shares.
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20 Wall Street research analysts have issued 1 year price targets 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 $244.26 in the next twelve months. This suggests a possible upside of 24.0% 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 23.8% and is now trading at $197.04.
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Lowe's Companies saw a decline in short interest in September. As of September 15th, there was short interest totaling 14,170,000 shares, a decline of 15.1% from the August 31st total of 16,690,000 shares. Based on an average daily trading volume, of 3,600,000 shares, the short-interest ratio is presently 3.9 days. Currently, 2.3% of the company's stock are sold short.
View Lowe's Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our LOW earnings forecast.

Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings data on Wednesday, August, 17th. The home improvement retailer reported $4.67 EPS for the quarter, beating analysts' consensus estimates of $4.63 by $0.04. The home improvement retailer earned $27.48 billion during the quarter, compared to analyst estimates of $28.16 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 155.26% and a net margin of 8.83%. The firm's revenue was down .3% compared to the same quarter last year. During the same period last year, the firm earned $4.25 EPS.
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Lowe's Companies announced a quarterly dividend on Friday, August 26th. Investors of record on Wednesday, October 19th will be paid a dividend of $1.05 per share on Wednesday, November 2nd. This represents a $4.20 dividend on an annualized basis and a yield of 2.13%. The ex-dividend date of this dividend is Tuesday, October 18th.
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 2.11%. 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 33.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 28.99% 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 approved a stock buyback program on Wednesday, December 15th 2021, which authorizes the company to buyback $13,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 7.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued.

Lowe's Companies updated its FY 2022 earnings guidance on Wednesday, September, 14th. The company provided earnings per share (EPS) guidance of $13.10-$13.60 for the period, compared to the consensus estimate of $13.39. The company issued revenue guidance of $97.00 billion-$99.00 billion, compared to the consensus revenue estimate of $97.54 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 retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.05%), Gulf International Bank UK Ltd (0.02%), M&R Capital Management Inc. (0.01%), Beese Fulmer Investment Management Inc. (0.01%), First Financial Bank Trust Division (0.01%) and Legacy Private Trust Co. (0.01%). Insiders that own company stock include David H Batchelder, Marvin R Ellison, 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 $197.04.

Lowe's Companies (NYSE:LOW) has a market capitalization of $122.30 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 $12.69 on an earnings per share basis.

The company employs 340,000 workers across the globe.

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.