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 declared a quarterly dividend on Friday, June 2nd. Investors of record on Wednesday, July 26th will be paid a dividend of $0.41 per share on Wednesday, August 9th. This represents a $1.64 annualized dividend and a dividend yield of 2.13%. The ex-dividend date is Monday, July 24th. This is an increase from Lowe's Companies's previous quarterly dividend of $0.35. View Lowe's Companies' Dividend History.

Lowe's Companies announced that its board has authorized a share repurchase plan on Tuesday, April 11th 2017, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 7.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

Lowe's Companies, Inc. (NYSE:LOW) released its quarterly earnings data on Wednesday, May, 24th. The company reported $1.03 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $1.06 by $0.03. The business earned $16.86 billion during 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 firm's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.87 earnings per share. 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.

24 equities research analysts have issued 12-month target prices for Lowe's Companies' shares. Their forecasts range from $66.00 to $100.00. On average, they expect Lowe's Companies' share price to reach $85.44 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, "An improving job picture, gradual recovery in the housing market and merchandising initiatives along with efforts to provide better omni-channel customer experience bode well for Lowe’s, which outpaced the industry in the past three months. It also remains well positioned to reap the benefits of strategic acquisitions done earlier. We note that after two straight quarters of earnings miss, Lowe’s posted positive earnings surprise of 8.9% in the final quarter of fiscal 2016. Net sales also beat the Zacks Consensus Estimate, after missing the same in the preceding two quarters. The better-than-expected results prompted management to provide an encouraging outlook for fiscal 2017. Management now projects total sales growth of 5% and earnings per share increase of 16%. However, analysts pointed that stiff competition and cannibalization still remain matters of concern." (5/3/2017)
• 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 McDonald's Corporation (MCD), Inditex (IDEXY), The Priceline Group (PCLN), Starbucks Corporation (SBUX), Walgreens Boots Alliance (WBA), CVS Health Corporation (CVS), Costco Wholesale Corporation (COST), JD.com (JD), TJX Companies, Inc. (The) (TJX), Kering Unspon (PPRUY), Wal-Mart de Mexico SAB de CV (WMMVY), eBay (EBAY), Compass Group PLC (CMPGY), Hennes & Mauritz AB (HNNMY), Target Corporation (TGT), Ctrip.com International (CTRP), Yum! Brands (YUM) 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (7.45%), BlackRock Inc. (7.16%), State Street Corp (4.80%), Wellington Management Group LLP (2.70%), Magellan Asset Management Ltd (2.22%) and Macquarie Group Ltd. (1.17%). 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 Wellington Management Group LLP, Janus Capital Management LLC, Iridian Asset Management LLC CT, Marshall Wace LLP, State Street Corp, Ameriprise Financial Inc., UBS Asset Management Americas Inc. and Parametric Portfolio Associates 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 BlackRock Inc., OppenheimerFunds Inc., Vanguard Group Inc., Glenview Capital Management LLC, Scopus Asset Management L.P., CIBC World Markets Inc., American Century Companies Inc. and Barrow Hanley Mewhinney & Strauss LLC. 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 $77.02.