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, June 2nd. Shareholders of record on Wednesday, July 26th will be given a dividend of $0.41 per share on Wednesday, August 9th. This represents a $1.64 annualized dividend and a yield of 2.22%. The ex-dividend date is Monday, July 24th. This is a boost from Lowe's Companies's previous quarterly dividend of $0.35. View Lowe's Companies' Dividend History.

Lowe's Companies declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, April 11th 2017, which allows the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 7.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its shares are undervalued.

Lowe's Companies, Inc. (NYSE:LOW) announced its earnings results on Wednesday, May, 24th. The company reported $1.03 earnings per share for the quarter, missing the consensus estimate of $1.06 by $0.03. The business earned $16.86 billion during the quarter, compared to analyst estimates 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 quarterly revenue was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.87 EPS. 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 brokers have issued 12 month target prices for Lowe's Companies' stock. Their forecasts range from $68.00 to $100.00. On average, they expect Lowe's Companies' stock price to reach $85.58 in the next twelve months. 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, "It seems that Lowe's has not been able to extract optimum benefit from improving job scenario and gradual recovery in the housing market. The stock hasn’t exhibited a considerable run in the bourses and just increased 6.6% in the past six months when compared with the industry’s gain of 8.8%. Lower-than-expected first-quarter fiscal 2017 results can be cited as one of the reasons for the same. We also noted that comparable sales did increase but came below analysts’ expectations and the rate of growth decelerated sequentially. Moreover, contraction in gross margin continued in the quarter as well. Nevertheless, management is focusing on improving its merchandising initiatives along with efforts to provide better omni-channel facilities and is also strengthening its relationship with pro customers. The company is concentrating on enhancing supply chain and managing inventory as well as containing costs." (7/17/2017)
• 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 Inditex (IDEXY), The Priceline Group (PCLN), Walgreens Boots Alliance (WBA), Starbucks Corporation (SBUX), CVS Health Corporation (CVS), Costco Wholesale Corporation (COST), JD.com (JD), Kering Unspon (PPRUY), TJX Companies, Inc. (The) (TJX), Hennes & Mauritz AB (HNNMY), Wal-Mart de Mexico SAB de CV (WMMVY), eBay (EBAY), Target Corporation (TGT), Ctrip.com International (CTRP), Yum! Brands (YUM), Expedia (EXPE), Ross Stores (ROST) and Kroger Company (The) (KR).

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 shareholders include Bank of Montreal Can (0.45%), APG Asset Management N.V. (0.14%), US Bancorp DE (0.12%), Chevy Chase Trust Holdings Inc. (0.09%), National Pension Service (0.09%) and Gateway Investment Advisers LLC (0.08%). 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 APG Asset Management N.V., Bank of Montreal Can, Confluence Investment Management LLC, Exxonmobil Investment Management Inc. TX, Huntington National Bank, Beacon Financial Group, Alta Capital Management LLC and Bartlett & Co. 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 acquired by a variety of institutional investors in the last quarter, including CWM LLC, Douglas Lane & Associates LLC, Mn Services Vermogensbeheer B.V., Gradient Investments LLC, National Pension Service, Aperio Group LLC, Cullinan Associates Inc. and Iowa State Bank. 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 $73.84.