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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
Industry Lumber & other building materials
Sub-IndustryHome Improvement Retail
SectorRetail/Wholesale
SymbolNYSE:LOW
CUSIP54866110
Phone704-758-1000
Debt
Debt-to-Equity Ratio2.60
Current Ratio1.02
Quick Ratio0.11
Price-To-Earnings
Trailing P/E Ratio22.03
Forward P/E Ratio17.77
P/E Growth1.02
Sales & Book Value
Annual Sales$68.62 billion
Price / Sales1.17
Cash Flow$6.3279 per share
Price / Cash15.28
Book Value$6.92 per share
Price / Book13.97
Profitability
EPS (Most Recent Fiscal Year)$4.39
Net Income$3.45 billion
Net Margins5.55%
Return on Equity66.36%
Return on Assets10.34%
Miscellaneous
Employees310,000
Outstanding Shares830,000,000
Lowe's (NYSE:LOW) Frequently Asked Questions
What is Lowe's' stock symbol?
Lowe's trades on the New York Stock Exchange (NYSE) under the ticker symbol "LOW."
How often does Lowe's pay dividends? What is the dividend yield for Lowe's?
Lowe's declared a quarterly dividend on Friday, March 23rd. Stockholders of record on Wednesday, April 25th will be paid a dividend of $0.41 per share on Wednesday, May 9th. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Tuesday, April 24th. View Lowe's' Dividend History.
How will Lowe's' stock buyback program work?
Lowe's declared that its board has initiated a stock repurchase plan on Monday, January 29th 2018, which permits the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.
How were Lowe's' earnings last quarter?
Lowe's (NYSE:LOW) posted its earnings results on Wednesday, May, 23rd. The home improvement retailer reported $1.19 earnings per share for the quarter, missing analysts' consensus estimates of $1.22 by $0.03. The home improvement retailer had revenue of $17.36 billion for the quarter, compared to analyst estimates of $17.44 billion. Lowe's had a net margin of 5.55% and a return on equity of 66.36%. Lowe's's revenue for the quarter was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.03 earnings per share. View Lowe's' Earnings History.
When is Lowe's' next earnings date?
What guidance has Lowe's issued on next quarter's earnings?
Lowe's issued an update on its FY19 earnings guidance on Wednesday, May, 23rd. The company provided earnings per share (EPS) guidance of $5.40-5.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.45. The company issued revenue guidance of +5% YoY to ~$71.2 billion, compared to the consensus revenue estimate of $71.22 billion.
What price target have analysts set for LOW?
33 brokerages have issued 1-year target prices for Lowe's' stock. Their forecasts range from $69.00 to $129.00. On average, they anticipate Lowe's' stock price to reach $100.0345 in the next twelve months. View Analyst Ratings for Lowe's.
What are Wall Street analysts saying about Lowe's stock?
Here are some recent quotes from research analysts about Lowe's stock:
- 1. According to Zacks Investment Research, "Shares of Lowe’s have declined in the past three months. The company has been delivering lower-than-expected bottom line results for two consecutive quarters. Incidentally, performance during first-quarter fiscal 2018 was negatively impacted by unfavorable weather conditions in several regions, which led to delayed spring season sales. 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. On the flip side, the company has been delivering sturdy comps growth, courtesy of well-chalked brand and sales augmenting efforts 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." (5/24/2018)
- 2. Wells Fargo & Co analysts commented, "We view today’s announcement as a positive catalyst for shares, and the first step in what we believe to be a likely multi-year turnaround at LOW. Based on our analysis, we calculate at least $900M in cost saving opportunities and see potential for 25-35% share upside over 2-3 years assuming the low end of 2-3 pts of EBIT margin improvement and 2-3x P/E turns. LOW is to report Q1 EPS tomorrow morning (5/23), and we look for incremental color on LOW 9am conference call. Reiterate Outperform." (5/22/2018)
Who are some of Lowe's' key competitors?
Who are Lowe's' key executives?
Lowe's' management team includes the folowing people:
- Mr. Robert Alan Niblock, Chairman, Pres & CEO (Age 55)
- Mr. Ross William McCanless, Chief Legal Officer & Sec. (Age 60)
- Ms. Jennifer L. Weber, Chief HR Officer (Age 51)
- Mr. Marshall A. Croom, Chief Financial Officer (Age 57)
- Mr. Richard D. Maltsbarger, Chief Operating Officer (Age 42)
Has Lowe's been receiving favorable news coverage?
News articles about LOW stock have trended somewhat positive recently, according to Accern. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Lowe's earned a daily sentiment score of 0.12 on Accern's scale. They also assigned media stories about the home improvement retailer an impact score of 46.80 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are Lowe's' major shareholders?
Lowe's' stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.56%), Magellan Asset Management Ltd (2.43%), Barrow Hanley Mewhinney & Strauss LLC (1.45%), Northern Trust Corp (1.29%), OppenheimerFunds Inc. (0.73%) and Legal & General Group Plc (0.50%). Company insiders that own Lowe's stock include 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.
Which major investors are selling Lowe's stock?
LOW stock was sold by a variety of institutional investors in the last quarter, including Magellan Asset Management Ltd, BlackRock Inc., Scopus Asset Management L.P., Sustainable Growth Advisers LP, American Century Companies Inc., Interval Partners LP, Coho Partners Ltd. and Russell Investments Group Ltd.. Company insiders that have sold Lowe's company stock in the last year include Matthew V Hollifield, Nelson B Peace, Paul D Ramsay and Richard D Maltsbarger. View Insider Buying and Selling for Lowe's.
Which major investors are buying Lowe's stock?
LOW stock was acquired by a variety of institutional investors in the last quarter, including PointState Capital LP, Hound Partners LLC, Mackay Shields LLC, Summit Trail Advisors LLC, Point72 Asset Management L.P., FIL Ltd, Toronto Dominion Bank and Tyvor Capital LLC. View Insider Buying and Selling for Lowe's.
How do I buy shares of Lowe's?
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' stock price today?
One share of LOW stock can currently be purchased for approximately $96.69.
How big of a company is Lowe's?
Lowe's has a market capitalization of $80.09 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 employs 310,000 workers across the globe.
How can I contact Lowe's?
Lowe's' 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 (LOW)
MarketBeat's community ratings are surveys of what our community members think about Lowe's 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.
Lowe's (NYSE:LOW) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
33 Wall Street analysts have issued ratings and price targets for Lowe's in the last 12 months. Their average twelve-month price target is $100.0345, suggesting that the stock has a possible upside of 3.46%. The high price target for LOW is $129.00 and the low price target for LOW is $69.00. There are currently 8 hold ratings and 25 buy ratings for the stock, resulting in a consensus rating of "Buy."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Buy | Buy | Buy | Buy |
| Consensus Rating Score: | 2.76 | 2.73 | 2.71 | 2.54 |
| Ratings Breakdown: | 0 Sell Rating(s)
8 Hold Rating(s)
25 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
9 Hold Rating(s)
24 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
9 Hold Rating(s)
22 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
10 Hold Rating(s)
15 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $100.0345 | $98.4138 | $96.1111 | $87.28 |
| Price Target Upside: | 3.46% upside | 16.67% upside | 5.31% downside | 8.15% upside |
Lowe's (NYSE:LOW) Consensus Price Target History
Lowe's (NYSE:LOW) Analyst Ratings History
Show:
(Data available from 5/26/2016 forward)
Lowe's (NYSE:LOW) Dividend Information
Lowe's pays an annual dividend of $1.64 per share, with a dividend yield of 1.70%. LOW's most recent quarterly dividend payment was Wednesday, May 9. The company has grown its dividend for the last 55 consecutive years and is increasing its dividend by an average of 22.80% each year. Lowe's pays out 37.36% of its earnings out as a dividend.
| Most Recent Dividend: | 5/9/2018 |
| Annual Dividend: | $1.64 |
| Dividend Yield: | 1.70% |
| Dividend Growth: | 22.80% (3 Year Average) |
| Payout Ratio(s): | 37.36% (Trailing 12 Months of Earnings)
30.15% (Based on This Year's Estimates)
27.02% (Based on Next Year's Estimates)
25.92% (Based on Cash Flow)
|
| Track Record: | 55 Years of Consecutive Dividend Growth |
| Frequency: | Quarterly Dividend |
Lowe's (NYSE:LOW) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/23/2018 | quarterly | $0.41 | 1.95774143488122% | 4/24/2018 | 4/25/2018 | 5/9/2018 |
| 11/10/2017 | quarterly | $0.41 | 2.12% | 1/23/2018 | 1/24/2018 | 2/7/2018 |
| 8/18/2017 | quarterly | $0.41 | 2.22% | 10/24/2017 | 10/25/2017 | 11/8/2017 |
| 6/2/2017 | quarterly | $0.41 | 2.06% | 7/24/2017 | 7/26/2017 | 8/9/2017 |
| 3/24/2017 | quarterly | $0.35 | 1.72% | 4/24/2017 | 4/26/2017 | 5/10/2017 |
| 11/11/2016 | quarterly | $0.35 | 2% | 1/23/2017 | 1/25/2017 | 2/8/2017 |
| 8/19/2016 | quarterly | $0.35 | 1.81% | 10/17/2016 | 10/19/2016 | 11/2/2016 |
| 5/27/2016 | quarterly | $0.35 | | 7/18/2016 | 7/20/2016 | 8/3/2016 |
| 3/18/2016 | quarterly | $0.28 | | 4/18/2016 | 4/20/2016 | 5/4/2016 |
| 11/13/2015 | quarterly | $0.28 | | 1/15/2016 | 1/20/2016 | 2/3/2016 |
| 8/21/2015 | quarterly | $0.28 | | 10/19/2015 | 10/21/2015 | 11/4/2015 |
| 5/29/2015 | quarterly | $0.28 | 1.6% | 7/20/2015 | 7/22/2015 | 8/5/2015 |
| 3/20/2015 | quarterly | $0.23 | 1.22% | 4/20/2015 | 4/22/2015 | 5/6/2015 |
| 11/14/2014 | quarterly | $0.23 | 1.56% | 1/16/2015 | 1/21/2015 | 2/4/2015 |
| 8/22/2014 | quarterly | $0.23 | 1.75% | 10/20/2014 | 10/22/2014 | 11/5/2014 |
| 6/2/2014 | quarterly | $0.23 | 1.96% | 7/21/2014 | 7/23/2014 | 8/6/2014 |
| 3/21/2014 | quarterly | $0.18 | 1.46% | 4/21/2014 | 4/23/2014 | 5/7/2014 |
| 11/18/2013 | quarterly | $0.18 | 1.41% | 1/17/2014 | 1/22/2014 | 2/5/2014 |
| 8/23/2013 | quarterly | $0.18 | 1.53% | 10/21/2013 | 10/23/2013 | 11/6/2013 |
| 5/31/2013 | quarterly | $0.18 | 1.7% | 7/22/2013 | 7/24/2013 | 8/7/2013 |
| 3/22/2013 | quarterly | $0.16 | 1.68% | 4/22/2013 | 4/24/2013 | 5/8/2013 |
(Data available from 1/1/2013 forward)
Lowe's (NYSE LOW) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 0.30%
Institutional Ownership Percentage: 72.83%
Lowe's (NYSE LOW) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 11/27/2017 | Nelson B Peace | Insider | Sell | 3,352 | $80.20 | $268,830.40 | 4,650 |  |
| 9/22/2017 | Matthew V Hollifield | SVP | Sell | 7,853 | $78.30 | $614,889.90 | 30,750 | |
| 9/19/2017 | Paul D Ramsay | Insider | Sell | 2,098 | $78.02 | $163,685.96 | 8,400 | |
| 5/30/2017 | Richard D Maltsbarger | Insider | Sell | 11,672 | $80.20 | $936,094.40 | 37,716 | |
| 4/3/2017 | Ricky D Damron | COO | Sell | 17,152 | $81.96 | $1,405,777.92 | 78,225 | |
| 3/30/2017 | Marshall A Croom | CFO | Sell | 12,700 | $82.14 | $1,043,178.00 | 53,479 | |
| 3/7/2017 | Paul D Ramsay | Insider | Sell | 30,638 | $80.84 | $2,476,775.92 | 10,960 | |
| 3/7/2017 | Robert A Niblock | Chairman | Sell | 447,000 | $81.07 | $36,238,290.00 | 479,507 | |
| 3/6/2017 | Nelson B Peace | Insider | Sell | 3,568 | $81.30 | $290,078.40 | 5,860 | |
| 3/3/2017 | Matthew V Hollifield | SVP | Sell | 9,299 | $80.99 | $753,126.01 | 28,691 | |
| 12/9/2016 | Ricky D Damron | COO | Sell | 17,225 | $74.83 | $1,288,946.75 | 46,725 | |
| 12/1/2016 | Matthew V. Hollifield | SVP | Sell | 2,609 | $70.29 | $183,386.61 | | |
| 11/28/2016 | Marshall A Croom | Insider | Sell | 6,300 | $71.52 | $450,576.00 | 40,602 | |
| 5/31/2016 | Richard D Maltsbarger | Insider | Sell | 12,656 | $80.24 | $1,015,517.44 | 34,793 | |
| 5/24/2016 | Matthew V Hollifield | CAO | Sell | 17,976 | $79.16 | $1,422,980.16 | 36,715 | |
| 5/23/2016 | Nelson B Peace | Insider | Sell | 27,720 | $79.77 | $2,211,224.40 | 9,113 | |
| 5/23/2016 | Ricky D Damron | COO | Sell | 104,120 | $79.33 | $8,259,839.60 | 68,645 | |
| 5/23/2016 | Robert F Hull Jr | CFO | Sell | 134,000 | $79.75 | $10,686,500.00 | 262,353 | |
| 4/6/2016 | Robert A Niblock | CEO | Sell | 390,000 | $76.22 | $29,725,800.00 | 948,006 | |
| 3/16/2016 | Marshall A Croom | Insider | Sell | 10,308 | $74.09 | $763,719.72 | 51,295 | |
| 3/10/2016 | Richard D Maltsbarger | Insider | Sell | 25,442 | $70.19 | $1,785,773.98 | 38,294 | |
| 3/1/2016 | Sandra B Cochran | Director | Buy | 1,500 | $67.31 | $100,965.00 | 1,500 | |
| 12/7/2015 | Matthew V. Hollifield | CAO | Sell | 6,333 | $76.44 | $484,094.52 | 40,715 | |
| 8/25/2015 | Ricky D Damron | COO | Sell | 13,075 | $68.71 | $898,383.25 | 80,475 | |
| 3/17/2015 | Marshall A Croom | Insider | Sell | 21,656 | $74.79 | $1,619,652.24 | | |
| 3/5/2015 | Gaither M Keener Jr | EVP | Sell | 22,778 | $74.54 | $1,697,872.12 | | |
| 3/5/2015 | Robert A Niblock | CEO | Sell | 50,730 | $74.64 | $3,786,487.20 | | |
| 3/4/2015 | Matthew V Hollifield | CAO | Sell | 15,373 | $74.32 | $1,142,521.36 | | |
| 3/4/2015 | Ricky D Damron | COO | Sell | 122,386 | $74.13 | $9,072,474.18 | | |
| 12/16/2014 | Richard D Maltsbarger | Insider | Sell | 24,668 | $64.87 | $1,600,213.16 | | |
| 12/16/2014 | Robert F Hull Jr | CFO | Sell | 98,519 | $65.67 | $6,469,742.73 | | |
| 11/21/2014 | Gaither M Keener Jr | Insider | Sell | 7,300 | $62.75 | $458,075.00 | | |
| 11/21/2014 | Matthew V Hollifield | CAO | Sell | 11,029 | $62.92 | $693,944.68 | | |
| 9/11/2014 | Robert A Niblock | CEO | Sell | 313,527 | $52.82 | $16,560,496.14 | | |
| 9/9/2014 | Robert A Niblock | CEO | Sell | 209,473 | $53.63 | $11,234,036.99 | | |
| 8/22/2014 | Maureen K Ausura | Insider | Sell | 15,979 | $52.48 | $838,577.92 | | |
| 4/4/2014 | Marshall Croom | Insider | Sell | 17,305 | $48.20 | $834,101.00 | 61,837 | |
| 4/2/2014 | Maureen Ausura | Insider | Sell | 146,233 | $49.72 | $7,270,704.76 | 80,224 | |
| 3/18/2014 | Ricky Damron | COO | Sell | 67,949 | $49.72 | $3,378,424.28 | 103,475 | |
| 3/18/2014 | Robert Niblock | CEO | Sell | 80,572 | $49.59 | $3,995,565.48 | 541,449 | |
| 3/10/2014 | Gaither Keener, Jr. | Insider | Sell | 116,000 | $50.05 | $5,805,800.00 | 65,306 | |
| 3/6/2014 | Matthew Hollifield | CAO | Sell | 24,000 | $50.10 | $1,202,400.00 | 44,891 | |
| 12/5/2013 | Gregory Bridgeford | Insider | Sell | 80,000 | $46.71 | $3,736,800.00 | 297,104 | |
| 12/5/2013 | Peter Browning | Director | Sell | 9,761 | $46.92 | $457,986.12 | | |
| 11/25/2013 | Ricky Damron | COO | Sell | 18,501 | $47.54 | $879,537.54 | 129,777 | |
| 11/25/2013 | Robert Hull, Jr. | CFO | Sell | 88,000 | $47.60 | $4,188,800.00 | 206,897 | |
| 8/29/2013 | Marshall Croom | Insider | Sell | 23,334 | $46.70 | $1,089,697.80 | 63,026 | |
| 8/26/2013 | Matthew Hollifield | CAO | Sell | 15,000 | $47.29 | $709,350.00 | 41,662 | |
| 5/28/2013 | Maureen K Ausura | Insider | Sell | 28,000 | $43.03 | $1,204,840.00 | | |
| 5/28/2013 | Ricky D Damron | COO | Sell | 113,500 | $43.09 | $4,890,715.00 | | |
| 5/28/2013 | Robert F Hull Jr | CFO | Sell | 56,086 | $43.25 | $2,425,719.50 | | |
| 3/5/2013 | Gaither M Keener Jr | Insider | Sell | 85,973 | $38.56 | $3,315,118.88 | | |
| 3/5/2013 | Robert A Niblock | CEO | Sell | 97,769 | $38.52 | $3,766,061.88 | | |
(Data available from 1/1/2013 forward)
Lowe's (NYSE LOW) News Headlines
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Lowe's (NYSE:LOW) SEC Filings
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Lowe's (NYSE:LOW) Income Statement, Balance Sheet and Cash Flow Statement
Lowe's (NYSE LOW) Stock Chart for Saturday, May, 26, 2018
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