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. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date is Tuesday, October 24th. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its Board of Directors has approved a share buyback program on Tuesday, April 11th 2017, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.9% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

Lowe's Companies, Inc. (NYSE:LOW) released its earnings results on Wednesday, August, 23rd. The company reported $1.57 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.62 by $0.05. The firm had revenue of $19.50 billion for the quarter, compared to analysts' expectations of $19.58 billion. Lowe's Companies had a net margin of 4.51% and a return on equity of 62.02%. The business's revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.37 earnings per share. View Lowe's Companies' Earnings History.

Lowe's Companies is scheduled to release their next quarterly earnings announcement on Tuesday, November, 21st 2017. View Earnings Estimates for Lowe's Companies.

Lowe's Companies issued an update on its FY18 earnings guidance on Wednesday, August, 23rd. The company provided EPS guidance of $4.20-4.30 for the period, compared to the Thomson Reuters consensus estimate of $4.64. The company issued revenue guidance of +5% to $68.27 billion, compared to the consensus revenue estimate of $68.40 billion.

23 analysts have issued 1-year price targets for Lowe's Companies' stock. Their forecasts range from $69.00 to $100.00. On average, they expect Lowe's Companies' share price to reach $85.33 in the next year. 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, "Lowe’s shares have slid and underperformed the industry in the past six months. In fact, the stock came under pressure after it posted lower-than-expected second-quarter fiscal 2017 results. This was the second quarter in row wherein both the top and bottom lines fell short of the estimate. Nevertheless, both sales and earnings grew year over year, albeit at a rate lower than the preceding quarter. However, comps showed considerable improvement. We believe Lowe’s buyout of Maintenance Supply Headquarters will help strengthen relationship with pro customers. Further, improving job scenario, housing market recovery, merchandising initiatives and post hurricane construction activities along with efforts to enhance omni-channel capabilities bode well. Management expects sales to increase 5% with comps growth of 3.5% during fiscal 2017 but took a conservative stance when it comes to earnings per share and operating margin guidance." (9/21/2017)
• 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)

Some companies that are related to Lowe's Companies include McDonald's Corporation (MCD), Inditex (IDEXY), The Priceline Group (PCLN), Walgreens Boots Alliance (WBA), CVS Health Corporation (CVS), Starbucks Corporation (SBUX), Costco Wholesale Corporation (COST), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), Wal-Mart de Mexico SAB de CV (WMMVY), eBay (EBAY), Hennes & Mauritz AB (HNNMY), Compass Group PLC (CMPGY), Target Corporation (TGT), Ctrip.com International (CTRP), Yum! Brands (YUM), 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 shareholders 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 bought 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, Lord Abbett & CO. LLC, Vanguard Group Inc., Neuberger Berman Group LLC and Sustainable Growth Advisers LP. 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 $78.23.