Lowe's Companies (LOW) Stock Price, News & Analysis

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last twelve months. There are currently 12 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LOW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOW, but not buy additional shares or sell existing shares.
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23 analysts have issued 12-month target prices for Lowe's Companies' shares. Their LOW share price targets range from $190.00 to $289.00. On average, they predict the company's stock price to reach $238.21 in the next year. This suggests a possible upside of 7.0% from the stock's current price.
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Lowe's Companies' stock was trading at $199.24 at the start of the year. Since then, LOW shares have increased by 11.7% and is now trading at $222.55.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 6th 2024.
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Lowe's Companies, Inc. (NYSE:LOW) posted its quarterly earnings results on Tuesday, November, 21st. The home improvement retailer reported $3.06 EPS for the quarter, topping analysts' consensus estimates of $3.03 by $0.03. The home improvement retailer had revenue of $20.74 billion for the quarter, compared to the consensus estimate of $20.87 billion. Lowe's Companies had a negative trailing twelve-month return on equity of 54.56% and a net margin of 8.49%. The company's revenue for the quarter was down 11.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.27 EPS.
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Lowe's Companies declared a quarterly dividend on Friday, November 10th. Stockholders of record on Wednesday, January 24th will be paid a dividend of $1.10 per share on Wednesday, February 7th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date is Tuesday, January 23rd.
Read our dividend analysis for LOW.

Lowe's Companies (NYSE:LOW) pays an annual dividend of $4.40 per share and currently has a dividend yield of 1.98%. The company has been increasing its dividend for 51 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 33.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, LOW will have a dividend payout ratio of 33.61% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for LOW.

ETFs with the largest weight of Lowe's Companies (NYSE:LOW) stock in their portfolio include Pacer BioThreat Strategy ETF (VIRS), VanEck Retail ETF (RTH), iShares U.S. Home Construction ETF (ITB), Consumer Discretionary Select Sector SPDR Fund (XLY), 2ndVote Life Neutral Plus ETF (LYFE), WBI BullBear Value 3000 ETF (WBIF), iShares U.S. Consumer Focused ETF (IEDI) and Invesco BuyBack Achievers ETF (PKW).

Lowe's Companies issued an update on its FY24 earnings guidance on Tuesday, November, 21st. The company provided earnings per share (EPS) guidance of $13.00 for the period, compared to the consensus EPS estimate of $13.25. The company issued revenue guidance of $86 billion, compared to the consensus revenue estimate of $87.48 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).

Shares of LOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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