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, August 18th. Shareholders of record on Wednesday, October 25th will be paid a dividend of $0.41 per share on Wednesday, November 8th. This represents a $1.64 annualized dividend and a yield of 2.23%. View Lowe's Companies' Dividend History.

Lowe's Companies announced that its Board of Directors has authorized a stock repurchase program on Tuesday, April 11th 2017, which allows the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 7.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

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

22 brokers have issued 1-year price objectives for Lowe's Companies' shares. Their forecasts range from $68.00 to $100.00. On average, they expect Lowe's Companies' share price to reach $86.13 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, "Although, Lowe’s shares have underperformed the industry in the past three months owing to lower-than-expected results in first-quarter fiscal 2017, its efforts towards increasing pro-customers base might help drive the stock going forward. Lowe’s recently completed the buyout of Maintenance Supply Headquarters, which will help strengthen relationship with pro customers. Further, we believe improving job scenario, gradual recovery in the housing market and merchandising initiatives along with efforts to provide better omni-channel customer experience bode well. Management expects sales to increase approximately 5% with comps growth of about 3.5% during fiscal 2017. However, Lowe’s fiscal 2017 earnings projections of approximately $4.30 per share, down from the previous estimate of $4.64 is a cause of worry for investors. Of late estimates have been stable ahead of the second-quarter earnings release." (8/11/2017)
• 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 Inditex (IDEXY), The Priceline Group (PCLN), Walgreens Boots Alliance (WBA), CVS Health Corporation (CVS), Starbucks Corporation (SBUX), Costco Wholesale Corporation (COST), JD.com (JD), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), Wal-Mart de Mexico SAB de CV (WMMVY), Hennes & Mauritz AB (HNNMY), eBay (EBAY), Compass Group PLC (CMPGY), Target Corporation (TGT), Yum! Brands (YUM), Ctrip.com International (CTRP), Ross Stores (ROST) and Expedia (EXPE).

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 number of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.67%), BlackRock Inc. (7.27%), State Street Corp (4.55%), Magellan Asset Management Ltd (2.25%), Northern Trust Corp (1.27%) and FMR LLC (1.15%). 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 Iridian Asset Management LLC CT, State Street Corp, Alliancebernstein L.P., Numeric Investors LLC, APG Asset Management N.V., Macquarie Group Ltd., Laurion Capital Management LP and TIAA CREF Investment Management 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 acquired by a variety of institutional investors in the last quarter, including FMR LLC, Janus Henderson Group PLC, Parametric Portfolio Associates LLC, Glenview Capital Management LLC, Vanguard Group Inc., Neuberger Berman Group LLC, Sustainable Growth Advisers LP and PGGM Investments. 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 $73.64.