Lowe's Companies Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" Lowe's Companies stock.
View analyst ratings for Lowe's Companies or view top-rated stocks.

20 Wall Street research analysts have issued 12 month price objectives for Lowe's Companies' shares. Their LOW stock forecasts range from $190.00 to $285.00. On average, they predict Lowe's Companies' share price to reach $240.16 in the next year. This suggests a possible upside of 35.4% from the stock's current price.
View analysts' price targets for Lowe's Companies or view top-rated stocks among Wall Street analysts.

Lowe's Companies' stock was trading at $258.48 at the start of the year. Since then, LOW shares have decreased by 31.4% and is now trading at $177.36.
View the best growth stocks for 2022 here.

Lowe's Companies is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
View our earnings forecast for Lowe's Companies.

Lowe's Companies, Inc. (NYSE:LOW) released its quarterly earnings data on Wednesday, May, 18th. The home improvement retailer reported $3.51 EPS for the quarter, beating analysts' consensus estimates of $3.22 by $0.29. The home improvement retailer earned $23.66 billion during the quarter, compared to analyst estimates of $23.72 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 251.50% and a net margin of 8.85%. Lowe's Companies's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.21 EPS.
View Lowe's Companies' earnings history.

Lowe's Companies announced a quarterly dividend on Friday, May 27th. Investors of record on Wednesday, July 20th will be paid a dividend of $1.05 per share on Wednesday, August 3rd. This represents a $4.20 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend is Tuesday, July 19th. This is a boost from Lowe's Companies's previous quarterly dividend of $0.80.
View Lowe's Companies' dividend history.

Lowe's Companies(NYSE:LOW) pays an annual dividend of $3.20 per share and currently has a dividend yield of 1.83%. Lowe's Companies 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 of Lowe's Companies is 26.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Lowe's Companies will have a dividend payout ratio of 21.77% next year. This indicates that Lowe's Companies will be able to sustain or increase its dividend.
View Lowe's Companies' dividend history.

Lowe's Companies announced that its Board of Directors has approved a share buyback program on Wednesday, December 15th 2021, which authorizes the company to buyback $13,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 7.6% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.

Lowe's Companies updated its FY 2022 earnings guidance on Wednesday, June, 15th. The company provided EPS guidance of $13.10-$13.60 for the period, compared to the consensus earnings per share estimate of $13.38. The company issued revenue guidance of $97.00 billion-$99.00 billion, compared to the consensus revenue estimate of $98.13 billion.

2,818 employees have rated Lowe's Companies CEO Marvin Ellison on Glassdoor.com. Marvin Ellison has an approval rating of 62% among Lowe's Companies' employees. This puts Marvin Ellison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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

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 shareholders include First Financial Bank Trust Division (0.01%) and Park National Corp OH (0.00%). Company insiders that own Lowe's Companies stock include David H Batchelder, Jennifer L Weber, Marvin R Ellison, Matthew V Hollifield, Ross W Mccanless and Seemantini Godbole.
View institutional ownership trends for Lowe's Companies.

LOW stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH. Company insiders that have sold Lowe's Companies company stock in the last two years include Ross W Mccanless, and Seemantini Godbole.
View insider buying and selling activity for Lowe's Companies or view top insider-selling stocks.

LOW stock was purchased by a variety of institutional investors in the last quarter, including First Financial Bank Trust Division.
View insider buying and selling activity for Lowe's Companies or or view top insider-buying stocks.

Shares of LOW 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.
Compare Top Brokerages Here.

One share of LOW stock can currently be purchased for approximately $177.36.

Lowe's Companies (NYSE:LOW) has a market capitalization of $113.36 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 $12.27 on an earnings per share basis.

Lowe's Companies employs 340,000 workers across the globe.

Lowe's Companies was founded in 1921.

Lowe's Companies' mailing address is 1000 LOWE`S BLVD, MOORESVILLE NC, 28117. The official website for Lowe's Companies 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.