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

25 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 2 sell ratings, 9 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" LOW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOW, but not buy additional shares or sell existing shares.
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25 brokerages have issued 12 month price targets for Lowe's Companies' shares. Their LOW share price forecasts range from $159.00 to $300.00. On average, they anticipate the company's stock price to reach $228.58 in the next twelve months. This suggests a possible upside of 7.4% from the stock's current price.
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Lowe's Companies' stock was trading at $199.24 at the beginning of the year. Since then, LOW stock has increased by 6.8% and is now trading at $212.76.
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Lowe's Companies saw a decrease in short interest in the month of December. As of December 30th, there was short interest totaling 10,620,000 shares, a decrease of 22.7% from the December 15th total of 13,740,000 shares. Based on an average daily volume of 3,300,000 shares, the days-to-cover ratio is currently 3.2 days. Approximately 1.8% of the shares of the company are sold short.
View Lowe's Companies' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our LOW earnings forecast.

Lowe's Companies will be holding an earnings conference call on Wednesday, March 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Lowe's Companies, Inc. (NYSE:LOW) released its earnings results on Wednesday, November, 16th. The home improvement retailer reported $3.27 EPS for the quarter, topping analysts' consensus estimates of $3.11 by $0.16. The home improvement retailer earned $23.48 billion during the quarter, compared to analyst estimates of $23.16 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 103.72% and a net margin of 6.97%. Lowe's Companies's revenue was up 2.4% compared to the same quarter last year. During the same period last year, the business earned $2.73 earnings per share.
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Lowe's Companies announced a quarterly dividend on Friday, November 11th. Shareholders of record on Wednesday, January 25th will be given a dividend of $1.05 per share on Wednesday, February 8th. This represents a $4.20 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend is Tuesday, January 24th.
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 1.95%. The company has been increasing its dividend for 49 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 41.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 29.98% 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 initiated a share buyback program on Wednesday, December 15th 2021, which permits the company to buyback $13,000,000,000.00 in outstanding 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 programs are often an indication that the company's board believes its stock is undervalued.

Lowe's Companies issued an update on its FY 2022 earnings guidance on Sunday, December, 18th. The company provided earnings per share guidance of $13.65-$13.80 for the period, compared to the consensus estimate of $13.76. The company issued revenue guidance of $97.00 billion-$98.00 billion, compared to the consensus revenue estimate of $97.41 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 number of retail and institutional investors. Top institutional investors include Swiss National Bank (0.41%), Egerton Capital UK LLP (0.37%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Fiera Capital Corp (0.24%), California Public Employees Retirement System (0.24%) and Coho Partners Ltd. (0.22%). 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 $212.76.

Lowe's Companies (NYSE:LOW) has a market capitalization of $132.06 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 $10.21 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.