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

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, November 8th. Shareholders of record on Wednesday, January 22nd will be paid a dividend of $0.55 per share on Wednesday, February 5th. This represents a $2.20 annualized dividend and a yield of 1.80%. The ex-dividend date of this dividend is Tuesday, January 21st. View Lowe's Companies' Dividend History.

Lowe's Companies announced that its board has authorized a share buyback program on Monday, January 29th 2018, which authorizes the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company's board believes its stock is undervalued.

Lowe's Companies, Inc. (NYSE:LOW) released its earnings results on Wednesday, November, 20th. The home improvement retailer reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.35 by $0.06. The home improvement retailer had revenue of $17.39 billion for the quarter, compared to the consensus estimate of $17.69 billion. Lowe's Companies had a return on equity of 146.62% and a net margin of 4.11%. The company's revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.04 EPS. View Lowe's Companies' Earnings History.

Lowe's Companies is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Lowe's Companies.

Lowe's Companies issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $$5.63-5.70 for the period, compared to the Thomson Reuters consensus estimate of $$5.67. The company issued revenue guidance of $$72.735-72.735 billion, compared to the consensus revenue estimate of $$72.53 billion.

26 brokers have issued twelve-month price targets for Lowe's Companies' stock. Their forecasts range from $105.00 to $145.00. On average, they expect Lowe's Companies' stock price to reach $130.04 in the next twelve months. This suggests a possible upside of 6.3% from the stock's current price. View Analyst Price Targets for Lowe's Companies.

26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 5 hold ratings and 21 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lowe's Companies.

News coverage about LOW stock has been trending somewhat positive on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lowe's Companies earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave news articles about the home improvement retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Lowe's Companies.

Lowe's Companies saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 9,940,000 shares, a decrease of 9.9% from the December 15th total of 11,030,000 shares. Based on an average daily volume of 3,500,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.3% of the shares of the company are sold short. View Lowe's Companies' Current Options Chain.

Some companies that are related to Lowe's Companies include Home Depot (HD), Travis Perkins (TVPKF), Floor & Decor (FND), Builders FirstSource (BLDR), BMC Stock (BMCH), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Lowe's Companies investors own include Home Depot (HD), Visa (V), NVIDIA (NVDA), Walt Disney (DIS), AT&T (T), Johnson & Johnson (JNJ), JPMorgan Chase & Co. (JPM), Micron Technology (MU), Starbucks (SBUX) and AbbVie (ABBV).

Lowe's Companies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Assenagon Asset Management S.A. (0.20%), Artemis Investment Management LLP (0.13%), Calamos Advisors LLC (0.09%), PGGM Investments (0.05%), Gateway Investment Advisers LLC (0.05%) and Nisa Investment Advisors LLC (0.04%). Company insiders that own Lowe's Companies stock include Brian C Rogers, Donald Frieson, Jennifer L Weber, Lisa W Wardell, Marshall A Croom, Marvin R Ellison and Matthew V Hollifield. View Institutional Ownership Trends for Lowe's Companies.

LOW stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Tocqueville Asset Management L.P., Commerzbank Aktiengesellschaft FI, Meag Munich Ergo Kapitalanlagegesellschaft MBH, United Services Automobile Association, Nisa Investment Advisors LLC, Calamos Advisors LLC and IFP Advisors Inc. Company insiders that have sold Lowe's Companies company stock in the last year include Jennifer L Weber and Matthew V Hollifield. View Insider Buying and Selling for Lowe's Companies.

LOW stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Artemis Investment Management LLP, Verde Servicos Internacionais S.A., Triangle Securities Wealth Management, Hoey Investments Inc., DNB Asset Management AS, AE Wealth Management LLC and Legacy Private Trust Co.. Company insiders that have bought Lowe's Companies stock in the last two years include Brian C Rogers, Donald Frieson, Lisa W Wardell and Marvin R Ellison. View Insider Buying and Selling for Lowe's Companies.

Shares of LOW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of LOW stock can currently be purchased for approximately $122.36.

Lowe's Companies has a market capitalization of $93.79 billion and generates $71.31 billion in revenue each year. The home improvement retailer earns $2.31 billion in net income (profit) each year or $5.14 on an earnings per share basis. Lowe's Companies employs 300,000 workers across the globe.View Additional Information About Lowe's Companies.

The official website for Lowe's Companies is http://www.lowes.com/.

Lowe's Companies' mailing address is 1000 LOWE`S BLVD, MOORESVILLE NC, 28117. The home improvement retailer can be reached via phone at 704-758-1000 or via email at [email protected]