Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. It offers a line of products for maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal and outdoor living, lawn and garden, paint, millwork, flooring, and kitchens, as well as outdoor power equipment. It also offers installation services through independent contractors in various product categories; extended protection plans; and in-warranty and out-of-warranty repair services. The company sells its national brand-name merchandise and private branded products to homeowners, renters, and professional customers. As of March 26, 2018, it operated 2,390 home improvement and hardware stores. The company also sells its products through online sites comprising Lowes.com and Lowesforpros.com; and through mobile applications. Lowe's Companies, Inc. was founded in 1946 and is based in Mooresville, North Carolina.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Lumber & other building materials
Sub-IndustryHome Improvement Retail
SectorRetail/Wholesale
SymbolNYSE:LOW
CUSIP54866110
Phone704-758-1000
Debt
Debt-to-Equity Ratio2.58
Current Ratio1.06
Quick Ratio0.25
Price-To-Earnings
Trailing P/E Ratio23.89
Forward P/E Ratio20.28
P/E Growth1.54
Sales & Book Value
Annual Sales$68.62 billion
Price / Sales1.24
Cash Flow$5.7899 per share
Price / Cash18.18
Book Value$7.08 per share
Price / Book14.87
Profitability
EPS (Most Recent Fiscal Year)$4.39
Net Income$3.45 billion
Net Margins5.58%
Return on Equity71.96%
Return on Assets11.30%
Miscellaneous
Employees310,000
Outstanding Shares808,280,000
Market Cap$92.81 billion
Lowe's Companies (NYSE:LOW) Frequently Asked Questions
What is Lowe's Companies' stock symbol?
Lowe's Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "LOW."
How often does Lowe's Companies pay dividends? What is the dividend yield for Lowe's Companies?
Lowe's Companies declared a quarterly dividend on Friday, August 17th. Stockholders of record on Wednesday, October 24th will be given a dividend of $0.48 per share on Wednesday, November 7th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date of this dividend is Tuesday, October 23rd. View Lowe's Companies' Dividend History.
How will Lowe's Companies' stock buyback program work?
Lowe's Companies declared that its Board of Directors has authorized a share buyback program on Monday, January 29th 2018, which permits the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.
How were Lowe's Companies' earnings last quarter?
Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings data on Wednesday, August, 22nd. The home improvement retailer reported $2.07 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $2.02 by $0.05. The home improvement retailer earned $20.89 billion during the quarter, compared to analyst estimates of $20.79 billion. Lowe's Companies had a net margin of 5.58% and a return on equity of 71.96%. The business's revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.57 EPS. View Lowe's Companies' Earnings History.
When is Lowe's Companies' next earnings date?
How can I listen to Lowe's Companies' earnings call?
Lowe's Companies will be holding an earnings conference call on Tuesday, November 20th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for LOW?
31 Wall Street analysts have issued 1-year target prices for Lowe's Companies' shares. Their forecasts range from $55.00 to $132.00. On average, they anticipate Lowe's Companies' share price to reach $112.6538 in the next year. This suggests a possible upside of 7.1% from the stock's current price. View Analyst Price Targets for Lowe's Companies.
What is the consensus analysts' recommendation for Lowe's Companies?
31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 7 hold ratings and 24 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lowe's Companies.
What are Wall Street analysts saying about Lowe's Companies stock?
Here are some recent quotes from research analysts about Lowe's Companies stock:
- 1. Wells Fargo & Co analysts commented, "We believe solid Q2 results provide a nice backdrop for new CEO Marvin Ellison’s introductory call at 9am. While LOW’s 90c outlook reduction comes as a surprise, the change appears to largely reflect the decision to close 99 Orchard Supply stores, with little change reflecting core business trends. In our view, Marvin is off to a fast start, and we would use any outlookdriven weakness this morning (8/22) as a buying opportunity for what we believe to be the beginning of a multiyear turnaround for LOW." (8/22/2018)
- 2. According to Zacks Investment Research, "Lowe’s shares have outperformed the industry in the past three months, courtesy of the company’s healthy comps performance. Well, comps have been gaining from the company’s well-chalked brand and sales augmenting efforts both in stores and from an omni-channel perspective. Also, the company’s focus on enhancing services to Pro customers is encouraging and has been yielding. In fact, strength in Pro customers led to above average comps in building materials, lumber, millwork as well as tools and hardware during the first quarter of fiscal 2018. However, the company’s performance in the last reported quarter was hurt by unfavorable weather conditions. This in turn dented performance in the company’s outdoor categories. Further, the quarter witnessed higher SG&A expenses which dragged operating income. Persistence of such headwinds is a threat to Lowe’s performance in the forthcoming periods." (8/14/2018)
Who are some of Lowe's Companies' key competitors?
Who are Lowe's Companies' key executives?
Lowe's Companies' management team includes the folowing people:
- Mr. Marshall A. Croom, Exec. VP & CFO (Age 57)
- Ms. Jennifer L. Weber, Exec. VP of HR (Age 51)
- Mr. Marvin R. Ellison, Pres, CEO & Director (Age 53)
- Mr. Matthew V. Hollifield, Sr. VP & Chief Accounting Officer (Age 52)
- Ms. Tiffany L. Mason, Sr. VP of Corp. Fin. and Treasurer
Who are Lowe's Companies' major shareholders?
Lowe's Companies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Douglas Lane & Associates LLC (0.08%), Personal Capital Advisors Corp (0.02%), Busey Trust CO (0.02%), Barometer Capital Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%) and BTR Capital Management Inc. (0.01%). Company insiders that own Lowe's Companies stock include Lisa W Wardell, Marshall A Croom, Matthew V Hollifield, Nelson B Peace, Paul D Ramsay, Richard D Maltsbarger, Ricky D Damron and Robert A Niblock. View Institutional Ownership Trends for Lowe's Companies.
Which major investors are selling Lowe's Companies stock?
LOW stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Arbor Investment Advisors LLC, BTR Capital Management Inc., Pensionfund DSM Netherlands, Beese Fulmer Investment Management Inc., Douglass Winthrop Advisors LLC, Pensionfund Sabic and Boenning & Scattergood Inc.. Company insiders that have sold Lowe's Companies company stock in the last year include Marshall A Croom, Matthew V Hollifield and Nelson B Peace. View Insider Buying and Selling for Lowe's Companies.
Which major investors are buying Lowe's Companies stock?
LOW stock was bought by a variety of institutional investors in the last quarter, including Barometer Capital Management Inc., Verde Servicos Internacionais S.A., Smith Shellnut Wilson LLC ADV, United Capital Management of KS Inc., Bangor Savings Bank, Atria Investments LLC, Pioneer Trust Bank N A OR and Founders Capital Management. View Insider Buying and Selling for Lowe's Companies.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Lowe's Companies' stock price today?
One share of LOW stock can currently be purchased for approximately $105.21.
How big of a company is Lowe's Companies?
Lowe's Companies has a market capitalization of $92.81 billion and generates $68.62 billion in revenue each year. The home improvement retailer earns $3.45 billion in net income (profit) each year or $4.39 on an earnings per share basis. Lowe's Companies employs 310,000 workers across the globe.
What is Lowe's Companies' official website?
How can I contact Lowe's Companies?
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]
MarketBeat Community Rating for Lowe's Companies (NYSE LOW)
MarketBeat's community ratings are surveys of what our community members think about Lowe's Companies and other stocks. Vote "Outperform" if you believe LOW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOW will underperform the S&P 500 over the long term. You may vote once every thirty days.
