Lowe's Companies, Inc. (LOW)

NYSE: LOW · IEX Real-Time Price · USD
213.70
+0.14 (0.07%)
At close: Jul 2, 2024, 4:00 PM
213.67
-0.03 (-0.01%)
After-hours: Jul 2, 2024, 7:46 PM EDT
0.07%
Market Cap 121.77B
Revenue (ttm) 85.39B
Net Income (ttm) 7.22B
Shares Out 569.84M
EPS (ttm) 12.48
PE Ratio 17.12
Forward PE 17.50
Dividend $4.60 (2.15%)
Ex-Dividend Date Jul 24, 2024
Volume 2,144,210
Open 212.69
Previous Close 213.56
Day's Range 211.80 - 214.85
52-Week Range 181.85 - 262.49
Beta 1.07
Analysts Buy
Price Target 250.04 (+17.01%)
Earnings Date Aug 20, 2024

About LOW

Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical. In addition, the company offers installation services through independent contractors i... [Read more]

Founded 1946
Employees 284,000
Stock Exchange NYSE
Ticker Symbol LOW
Full Company Profile

Financial Performance

In 2023, LOW's revenue was $86.38 billion, a decrease of -11.01% compared to the previous year's $97.06 billion. Earnings were $7.73 billion, an increase of 20.02%.

Financial Statements

Analyst Forecast

According to 27 analysts, the average rating for LOW stock is "Buy." The 12-month stock price forecast is $250.04, which is an increase of 17.01% from the latest price.

Price Target
$250.04
(17.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Building Homes for Heroes teaming with Lowe's to construct, modify and gift more than 40 homes for veterans in 2024

Support through Lowe's Round Up for Charity campaign to help nonprofit reach thousands more NEW YORK , June 27, 2024 /PRNewswire/ -- Building Homes for Heroes today announced plans to gift more than 4...

5 days ago - PRNewsWire

100 Organizations Nationwide Awarded $10 Million for Renovations Through Lowe's Hometowns Community Impact Program

Projects will improve vital community spaces and address critical needs including veterans services, safe and affordable housing, and food insecurity MOORESVILLE, N.C. , June 25, 2024 /PRNewswire/ -- ...

7 days ago - PRNewsWire

Lowe's to Participate in Virtual Fireside Chat Hosted by Oppenheimer & Co. Inc.

MOORESVILLE, N.C. , June 19, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R.

13 days ago - PRNewsWire

Heat Wave Hits US: 10 Stocks To Watch During June's Sweltering Temperatures

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June's extreme weather.

Other symbols: CARRDISEPCGNRCHDLIISIX
15 days ago - Benzinga

Thurgood Marshall College Fund to honor Lowe's CEO Marvin Ellison at inaugural CEO Impact Award Breakfast

Washington, DC, June 11, 2024 (GLOBE NEWSWIRE) -- On Thursday, June 13, the Thurgood Marshall College Fund (TMCF) will honor Lowe's chairman and CEO Marvin Ellison with the TMCF CEO Impact Award. Elli...

21 days ago - GlobeNewsWire

Lowe's Promotes Jennifer Wilson to Chief Marketing Officer

MOORESVILLE, N.C. , June 11, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today announced the promotion of Jennifer Wilson to senior vice president, chief marketing officer, effective June ...

21 days ago - PRNewsWire

2 Housing Stocks That Look Like Buys

The market has become accustomed to higher mortgage rates, and now Lowe's and Sherwin-Williams shares look ready to rise.

Other symbols: SHWXHB
4 weeks ago - Barrons

Lowe's to Pilot In-Store Mixed-Reality Experience for Kitchen Design

Lowe's is preparing to bring its Apple Vision Pro-powered kitchen design experience to its brick-and-mortar stores.

4 weeks ago - PYMNTS

Lowe's Pioneers a New Era of In-Store Kitchen Design with Apple Vision Pro

Pilot in select stores offers customers a chance to bring their dream kitchen to life with Lowe's Style Studio ™ CHARLOTTE, N.C. , June 3, 2024 /PRNewswire/ -- Lowe's is the first home improvement ret...

4 weeks ago - PRNewsWire

Lowe's Companies, Inc. ANNOUNCES 5% INCREASE TO QUARTERLY CASH DIVIDEND

MOORESVILLE, N.C. , May 31, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 15 cents ($1.15) per share, payab...

4 weeks ago - PRNewsWire

Lowe's CEO Marvin Ellison goes one-on-one with Jim Cramer

Lowe's Chairman, President and CEO Marvin Ellison joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, digital partnerships and more.

6 weeks ago - CNBC Television

We want to use loyalty data to make a better customer experience, says Lowe's CEO

Lowe's Chairman, President and CEO Marvin Ellison joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, digital partnerships and more.

6 weeks ago - CNBC Television

Lowe's CEO explains why the company is partnering with Big Tech

In a Tuesday interview with CNBC's Jim Cramer, Lowe's CEO Marvin Ellison described how his company works with tech giants like Apple and Nvidia.

6 weeks ago - CNBC

Home renovations slow as consumers struggle with inflation

Evident in home improvement retailer Lowe's (LOW) latest earnings, US home prices are becoming a growing deterrent to consumers wishing to invest in major renovation or remodeling projects. Will do-it...

Other symbols: HD
6 weeks ago - Yahoo Finance

Macy's and Lowe's beat on earnings: Here's what you need to know

CNBC's Melissa Repko joins 'Power Lunch' to discuss retail earnings from Macy's and Lowe's.

Other symbols: M
6 weeks ago - CNBC Television

Lowe's Earnings Top Estimates Despite Pullback on Big-Ticket Spending

UPDATE—May 21, 2024: This article has been updated to reflect more recent share price information.

6 weeks ago - Investopedia

Lowe's stock dips as Q1 sales show DIY consumers pulling back

Home improvement retail chain Lowe's (LOW) beat earnings estimates for its first quarter, sharing revenue of $21.36 billion and gains of $3.06 per share. Lowe's saw fewer consumers roll up their sleev...

6 weeks ago - Yahoo Finance

Lowe's Targets Smaller Pros for Bigger B2B Growth

The home improvement sector is getting its affairs in order while eyeing a macro improvement. That's the news from home improvement retailer Lowe's, which cited softer demand and ongoing headwinds — i...

6 weeks ago - PYMNTS

Lowe's Stock Rises as Earnings Top Estimates Despite Pullback on Big-Ticket Spending

Lowe's (LOW) shares rose in pre-market trading Tuesday after the home-improvement retailer reported first-quarter earnings and revenue that beat analysts' estimates, despite declining from the year-ag...

6 weeks ago - Investopedia

Retail Earnings: Macy's Profit, Lowe's Sales Beat Estimates

Chuck Grom, senior retail analyst at Gordon Haskett, examines first-quarter earnings from Macy's Inc. and Lowe's Co.'s and what they say about the US consumer. -------- More on Bloomberg Television an...

Other symbols: M
6 weeks ago - Bloomberg Markets and Finance

Lowe's Beats Q1 2024 Estimates: Time to Buy or Hold Off?

Earlier today, Lowe's Companies Inc. (NYSE:LOW) reported its Q1 2024 earnings, exceeding analysts' expectations for both revenue and EPS. The company achieved a non-GAAP EPS of $3.67, which was $0.71 ...

6 weeks ago - Invezz

Morning Minute: Tuesday, May 21

Palo Alto Networks (PANW) slipped after earnings, Lowe's (LOW) topped estimates in its latest report, and Lam Research (LRCX) announces a 10-for-1 stock split. #investing #paloaltonetworks #lowes #hom...

Other symbols: LRCXPANW
6 weeks ago - Schwab Network

Oppenheimer's Brian Nagel reacts to Lowe's earnings

Brian Nagel, Oppenheimer senior equity research analyst, joins 'Squawk Box' to discuss Lowe's quarterly earnings results and more.

6 weeks ago - CNBC Television

Mushkin: Lowe's is in a tougher position compared to Home Depot

Scott Mushkin, Founder and CEO of R5 Capital, discusses earnings from Lowe's following Home Depot's weak report.

6 weeks ago - CNBC Television

Lowe's beats on earnings and revenue, even as consumers spend less on DIY projects

The home improvement retailer Lowe's said sales fell again year over year, and it reiterated its full-year earnings forecast.

6 weeks ago - CNBC