Lowe's Companies Stock Forecast, Price & News

Lowe's Companies' stock was trading at $99.15 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LOW shares have increased by 56.0% and is now trading at $154.67.
View which stocks have been most impacted by COVID-19.

31 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 4 hold ratings and 27 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Lowe's Companies or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Lowe's Companies a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Lowe's Companies wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Lowe's Companies is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Lowe's Companies.

Lowe's Companies, Inc. (NYSE:LOW) announced its earnings results on Tuesday, November, 17th. The home improvement retailer reported $1.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.97 by $0.01. The home improvement retailer earned $22.31 billion during the quarter, compared to analyst estimates of $21.08 billion. Lowe's Companies had a net margin of 7.12% and a return on equity of 228.17%. During the same quarter in the previous year, the firm earned $1.41 EPS.
View Lowe's Companies' earnings history.

Lowe's Companies announced a quarterly dividend on Friday, November 13th. Shareholders of record on Wednesday, January 20th will be given a dividend of $0.60 per share on Wednesday, February 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date of this dividend is Tuesday, January 19th.
View Lowe's Companies' dividend history.

Lowe's Companies updated its fourth quarter 2020 Pre-Market earnings guidance on Wednesday, November, 18th. The company provided earnings per share (EPS) guidance of 1.10-1.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.16. The company issued revenue guidance of $18.431-19.232 billion, compared to the consensus revenue estimate of $18.04 billion.

31 brokerages have issued 1-year price targets for Lowe's Companies' stock. Their forecasts range from $106.00 to $205.00. On average, they anticipate Lowe's Companies' share price to reach $169.74 in the next year. This suggests a possible upside of 9.7% from the stock's current price.
View analysts' price targets for Lowe's Companies.

Some companies that are related to Lowe's Companies include The Home Depot (HD), Floor & Decor (FND), Builders FirstSource (BLDR), Travis Perkins (TVPKF), BMC Stock (BMCH), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lowe's Companies investors own include The Home Depot (HD), NVIDIA (NVDA), Visa (V), The 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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.38%), State Street Corp (4.46%), Pershing Square Capital Management L.P. (1.64%), Nuveen Asset Management LLC (1.07%), UBS Asset Management Americas Inc. (0.71%) and Morgan Stanley (0.67%). Company insiders that own Lowe's Companies stock include Donald Frieson, Jennifer L Weber, Lisa W Wardell, Marvin R Ellison, Matthew V Hollifield and Ross W Mccanless.
View institutional ownership trends for Lowe's Companies.

LOW stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Raymond James Financial Services Advisors Inc., Boston Partners, M&G Investment Management Ltd., Natixis, Assenagon Asset Management S.A., and Pershing Square Capital Management L.P..
View insider buying and selling activity for Lowe's Companies.

LOW stock was purchased by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Standard Life Aberdeen plc, UBS Asset Management Americas Inc., Los Angeles Capital Management & Equity Research Inc., Acadian Asset Management LLC, Morgan Stanley, AQR Capital Management LLC, and Allianz Asset Management GmbH. Company insiders that have bought Lowe's Companies stock in the last two years include Donald Frieson, Lisa W Wardell, and Marvin R Ellison.
View insider buying and selling activity for 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.

One share of LOW stock can currently be purchased for approximately $154.67.

Lowe's Companies has a market capitalization of $116.89 billion and generates $72.15 billion in revenue each year. The home improvement retailer earns $4.28 billion in net income (profit) each year or $5.72 on an earnings per share basis. Lowe's Companies employs 320,000 workers across the globe.

The official website for Lowe's Companies is www.lowes.com.

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]