Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It provides home improvement products in various categories, such as lumber and building materials, appliances, seasonal and outdoor living, tools and hardware, fashion fixtures, rough plumbing and electrical, paint, millwork, lawn and garden, flooring, and kitchens.
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Industry, Sector and Symbol
Industry Lumber & other building materials
Sub-IndustryHome Improvement Retail
SectorRetail/Wholesale
Phone704-758-1000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$71.31 billion
Profitability
Miscellaneous
Employees300,000
Next Earnings Date2/26/2020 (Confirmed)
OptionableOptionable
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 announced a quarterly dividend on Friday, November 8th. Shareholders of record on Wednesday, January 22nd will be paid a dividend of $0.55 per share on Wednesday, February 5th. This represents a $2.20 dividend on an annualized basis and a yield of 1.82%. The ex-dividend date is Tuesday, January 21st. View Lowe's Companies' Dividend History.
How will Lowe's Companies' stock buyback program work?
Lowe's Companies announced that its Board of Directors has initiated a stock buyback program on Monday, January 29th 2018, 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 shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its shares are undervalued.
How were Lowe's Companies' earnings last quarter?
Lowe's Companies, Inc. (NYSE:LOW) released its earnings results on Wednesday, November, 20th. The home improvement retailer reported $1.41 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.06. The home improvement retailer earned $17.39 billion during the quarter, compared to the consensus estimate of $17.69 billion. Lowe's Companies had a net margin of 4.11% and a return on equity of 146.62%. The firm's revenue was down .2% on a year-over-year basis. During the same period in the prior year, the business posted $1.04 earnings per share. View Lowe's Companies' Earnings History.
When is Lowe's Companies' next earnings date?
What guidance has Lowe's Companies issued on next quarter's earnings?
Lowe's Companies updated its FY 2019
Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of $$5.63-5.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $$5.67. The company issued revenue guidance of $$72.735-72.735 billion, compared to the consensus revenue estimate of $$72.53 billion.
What price target have analysts set for LOW?
26 brokers have issued twelve-month price objectives for Lowe's Companies' stock. Their forecasts range from $105.00 to $145.00. On average, they expect Lowe's Companies' share price to reach $130.48 in the next twelve months. This suggests a possible upside of 7.7% from the stock's current price. View Analyst Price Targets for Lowe's Companies.
What is the consensus analysts' recommendation for Lowe's Companies?
26 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 5 hold ratings and 21 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. According to Zacks Investment Research, "Lowe’s, which has shown a decent run in the past three months, is gaining from its key sales initiatives like focus on Pro customers, better product presentation and in-store merchandising, among others. Such efforts drove sales in second-quarter fiscal 2019, wherein top and bottom lines were strong. While earnings gained from higher sales and lower SG&A costs, sales were backed by solid spring demand, robust execution of holiday event, and improvement in Paint and Pro businesses. Also, Lowe’s saw comparable sales growth in all 15 U.S regions. However, supply-chain woes and adverse mix continued to hurt gross margin, which contracted in the quarter. Also, the company is exposed to competition. Nonetheless, solid demand in the home improvement space and Lowe’s retail fundamentals keep it well positioned." (9/30/2019)
- 2. Cfra analysts commented, "LOW, with new management, is still in the early stages of transforming the company with improved sales execution, inventory controls, better supply chain and revamped stores, in our opinion. With better operational performance, we think LOW may regain market share in FY 20 (Jan.) from its largest competitor, Home Depot (HD 189 ***)." (6/14/2019)
Has Lowe's Companies been receiving favorable news coverage?
News coverage about LOW stock has been trending somewhat positive on Wednesday, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Lowe's Companies earned a coverage optimism score of 2.0 on InfoTrie's scale. They also assigned headlines about the home improvement retailer a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the near term. View News Stories for Lowe's Companies.
Are investors shorting Lowe's Companies?
Lowe's Companies saw a decrease in short interest during the month of January. As of January 15th, there was short interest totalling 9,940,000 shares, a decrease of 9.9% from the December 31st total of 11,030,000 shares. Based on an average trading volume of 3,450,000 shares, the short-interest ratio is currently 2.9 days. Approximately 1.3% of the company's shares are sold short. View Lowe's Companies' Current Options Chain.
Who are some of Lowe's Companies' key competitors?
What other stocks do shareholders of Lowe's Companies own?
Who are Lowe's Companies' key executives?
Lowe's Companies' management team includes the folowing people:
- Ms. Jennifer L. Weber, Exec. VP of HR (Age 52)
- Mr. Marvin R. Ellison, Pres, CEO & Director (Age 54)
- Mr. David M. Denton, Exec. VP & CFO (Age 54)
- Mr. Matthew V. Hollifield, Sr. VP & Chief Accounting Officer (Age 53)
- Ms. Seemantini Godbole, EVP & Chief Information Officer
Who are Lowe's Companies' major shareholders?
Lowe's Companies' stock is owned by many different of retail and institutional investors. Top institutional investors include California Public Employees Retirement System (0.25%), M&G Investment Management Ltd. (0.21%), Assenagon Asset Management S.A. (0.20%), New York State Teachers Retirement System (0.14%), Artemis Investment Management LLP (0.13%) and Ironsides Asset Advisors LLC (0.12%). Company insiders that own Lowe's Companies stock include Brian C Rogers, Donald Frieson, Jennifer L Weber, Lisa W Wardell, Marshall A Croom, Marvin R Ellison and Matthew V Hollifield. View Institutional Ownership Trends for Lowe's Companies.
Which institutional investors are selling Lowe's Companies stock?
LOW stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Tocqueville Asset Management L.P., California Public Employees Retirement System, Strs Ohio, Commerzbank Aktiengesellschaft FI, New York State Teachers Retirement System, Farmers & Merchants Investments Inc. and Meag Munich Ergo Kapitalanlagegesellschaft MBH. Company insiders that have sold Lowe's Companies company stock in the last year include Jennifer L Weber and Matthew V Hollifield. View Insider Buying and Selling for Lowe's Companies.
Which institutional investors are buying Lowe's Companies stock?
LOW stock was acquired by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Assenagon Asset Management S.A., Broad Peak Investment Holdings Ltd., SPX Equities Gestao de Recursos Ltda, Artemis Investment Management LLP, Verde Servicos Internacionais S.A., Empire Life Investments Inc. and Atalanta Sosnoff Capital LLC. Company insiders that have bought Lowe's Companies stock in the last two years include Brian C Rogers, Donald Frieson, Lisa W Wardell and Marvin R Ellison. 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, Robinhood, Fidelity and Charles Schwab.
What is Lowe's Companies' stock price today?
One share of LOW stock can currently be purchased for approximately $121.15.
How big of a company is Lowe's Companies?
Lowe's Companies has a market capitalization of $92.86 billion and generates $71.31 billion in revenue each year. The home improvement retailer earns $2.31 billion in net income (profit) each year or $5.14 on an earnings per share basis. Lowe's Companies employs 300,000 workers across the globe.View Additional Information About Lowe's Companies.
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.
