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 Ratio2.60
Current Ratio1.02
Quick Ratio0.18
Price-To-Earnings
Trailing P/E Ratio22.32
Forward P/E Ratio18.01
P/E Growth1.18
Sales & Book Value
Annual Sales$68.62 billion
Price / Sales1.17
Cash Flow$6.2929 per share
Price / Cash15.57
Book Value$7.08 per share
Price / Book13.84
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 Shares816,150,000
Market Cap$80.24 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 paid a dividend of $0.48 per share on Wednesday, November 7th. This represents a $1.92 annualized dividend and a dividend yield of 1.96%. 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 authorized a share repurchase plan on Monday, January 29th 2018, 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 shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board believes its stock is undervalued.
How were Lowe's Companies' earnings last quarter?
Lowe's Companies, Inc. (NYSE:LOW) issued its quarterly earnings data 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 earned $17.36 billion during the quarter, compared to analysts' expectations of $17.44 billion. Lowe's Companies had a return on equity of 66.36% and a net margin of 5.55%. The firm's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.03 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 FY19 earnings guidance on Wednesday, May, 23rd. The company provided earnings per share 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?
31 analysts have issued 12-month price objectives for Lowe's Companies' stock. Their predictions range from $82.00 to $129.00. On average, they anticipate Lowe's Companies' stock price to reach $102.6154 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Lowe's Companies.
What is the consensus analysts' recommendation for Lowe's Companies?
31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 8 hold ratings and 23 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 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)
- 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 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. Michael P. McDermott, Chief Customer Officer (Age 48)
- Mr. Marvin R. Ellison, Pres, CEO & Director (Age 53)
- Mr. Matthew V. Hollifield, Sr. VP & Chief Accounting Officer (Age 52)
Has Lowe's Companies been receiving favorable news coverage?
Media headlines about LOW stock have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lowe's Companies earned a news and rumor sentiment score of 0.18 on Accern's scale. They also gave media stories about the home improvement retailer an impact score of 47.36 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Lowe's Companies.
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 BlackRock Inc. (6.62%), FMR LLC (2.48%), Magellan Asset Management Ltd (2.48%), Ironsides Asset Advisors LLC (1.02%), Bank of New York Mellon Corp (1.01%) and Macquarie Group Ltd. (0.90%). 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 and Robert A Niblock. 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 Flossbach Von Storch AG, Voya Investment Management LLC, PointState Capital LP, United Services Automobile Association, FMR LLC, Putnam Investments LLC, American Century Companies Inc. and BlackRock Inc.. Company insiders that have sold Lowe's Companies company stock in the last year include Matthew V Hollifield, Nelson B Peace and Paul D Ramsay. View Insider Buying and Selling for Lowe's Companies.
Which institutional investors are buying Lowe's Companies stock?
LOW stock was bought by a variety of institutional investors in the last quarter, including Ironsides Asset Advisors LLC, Boston Partners, Winslow Capital Management LLC, Charles Schwab Investment Advisory Inc., Artisan Partners Limited Partnership, Cornerstone Wealth Management LLC, Sei Investments Co. and Montag & Caldwell LLC. 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 $97.98.
How big of a company is Lowe's Companies?
Lowe's Companies has a market capitalization of $80.24 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.
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.
