Lowe's Companies - LOW Stock Forecast, Price & News

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOW shares.
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20 Wall Street analysts have issued 1 year price objectives for Lowe's Companies' stock. Their LOW share price forecasts range from $190.00 to $285.00. On average, they anticipate the company's stock price to reach $236.63 in the next year. This suggests a possible upside of 13.7% from the stock's current price.
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Lowe's Companies' stock was trading at $258.48 at the start of the year. Since then, LOW stock has decreased by 19.5% and is now trading at $208.04.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 17th 2022.
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Lowe's Companies will be holding an earnings conference call on Wednesday, August 17th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Lowe's Companies, Inc. (NYSE:LOW) released its earnings results on Wednesday, May, 18th. The home improvement retailer reported $3.51 earnings per share for the quarter, beating the consensus estimate of $3.24 by $0.27. The home improvement retailer had revenue of $23.66 billion for the quarter, compared to analysts' expectations of $23.72 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 251.50% and a net margin of 8.85%. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.21 EPS.
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Lowe's Companies announced a quarterly dividend on Friday, May 27th. Shareholders of record on Wednesday, July 20th will be paid a dividend of $1.05 per share on Wednesday, August 3rd. This represents a $4.20 annualized dividend and a yield of 2.02%. The ex-dividend date is Tuesday, July 19th. This is an increase from the stock's previous quarterly dividend of $0.80.
Read our dividend analysis for LOW.

Lowe's Companies (NYSE:LOW) pays an annual dividend of $4.20 per share and currently has a dividend yield of 2.03%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 29.01% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOW.

Lowe's Companies announced that its board has initiated a stock buyback program on Wednesday, December 15th 2021, which allows the company to repurchase $13,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 7.6% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Lowe's Companies updated its FY 2022 earnings guidance on Wednesday, June, 15th. The company provided EPS guidance of $13.10-$13.60 for the period, compared to the consensus earnings per share estimate of $13.38. The company issued revenue guidance of $97.00 billion-$99.00 billion, compared to the consensus revenue estimate of $98.13 billion.

2,818 employees have rated Lowe's Companies Chief Executive Officer Marvin Ellison on Glassdoor.com. Marvin Ellison has an approval rating of 62% among the company's employees. This puts Marvin Ellison in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lowe's Companies investors own include Home Depot (HD), NVIDIA (NVDA), Visa (V), Walt Disney (DIS), Johnson & Johnson (JNJ), AT&T (T), JPMorgan Chase & Co. (JPM), Walmart (WMT), Intel (INTC) and AbbVie (ABBV).

Lowe's Companies trades on the New York Stock Exchange (NYSE) under the ticker symbol "LOW."

Lowe's Companies' stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (4.30%), FMR LLC (3.71%), Northern Trust Corp (1.24%), Massachusetts Financial Services Co. MA (1.10%), Franklin Resources Inc. (0.63%) and UBS Asset Management Americas Inc. (0.63%). Insiders that own company stock include David H Batchelder, Jennifer L Weber, Marvin R Ellison, Matthew V Hollifield, Ross W Mccanless and Seemantini Godbole.
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Shares of LOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of LOW stock can currently be purchased for approximately $208.04.

Lowe's Companies (NYSE:LOW) has a market capitalization of $132.96 billion and generates $96.25 billion in revenue each year. The home improvement retailer earns $8.44 billion in net income (profit) each year or $12.27 on an earnings per share basis.

The company employs 340,000 workers across the globe.

Lowe's Companies was founded in 1921.

Lowe's Companies' mailing address is 1000 LOWE`S BLVD, MOORESVILLE NC, 28117. The official website for the company is www.lowes.com. The home improvement retailer can be reached via phone at (704) 758-1000, via email at investorrelations@lowes.com, or via fax at 704-757-0576.