Lowe's Companies, Inc. (LOW)

NYSE: LOW · IEX Real-Time Price · USD
231.32
-1.24 (-0.53%)
At close: Feb 26, 2024, 4:00 PM
232.40
+1.08 (0.47%)
After-hours: Feb 26, 2024, 7:59 PM EST
-0.53%
Market Cap 133.75B
Revenue (ttm) 90.22B
Net Income (ttm) 7.66B
Shares Out 575.11M
EPS (ttm) 13.03
PE Ratio 17.75
Forward PE 18.27
Dividend $4.40 (1.90%)
Ex-Dividend Date Jan 23, 2024
Volume 2,924,051
Open 232.98
Previous Close 232.56
Day's Range 230.98 - 234.23
52-Week Range 181.85 - 237.21
Beta 1.11
Analysts Buy
Price Target 242.08 (+4.65%)
Earnings Date Feb 27, 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 307,000
Stock Exchange NYSE
Ticker Symbol LOW
Full Company Profile

Financial Performance

In 2022, LOW's revenue was $97.06 billion, an increase of 0.84% compared to the previous year's $96.25 billion. Earnings were $6.44 billion, a decrease of -23.75%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for LOW stock is "Buy." The 12-month stock price forecast is $242.08, which is an increase of 4.65% from the latest price.

Price Target
$242.08
(4.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Up 17% Since 2023, What's Next For Lowe's Stock Post Q4 Results?

Lowe's (NYSE: LOW), a home-improvement retailer, is scheduled to report its fiscal fourth-quarter results on Tuesday, February 27. We expect the company's stock to trade lower post-fourth-quarter resu...

14 hours ago - Forbes

HD, LOW, W, WSM: The Home Improvement Retail Segment

Does Home Depot (HD) or Lowe's (LOW) come out on top? Seth Basham discusses Home Depot versus Lowe's, as well as the takeaways from Home Depot's earnings.

Other symbols: HDWWSM
6 days ago - Schwab Network

Lowe's Companies, Inc. to Host Fourth Quarter & Fiscal 2023 Earnings Conference Call on Feb. 27

MOORESVILLE, N.C. , Feb. 20, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Fourth Quarter & Fiscal 2023 Earnings Conference Call at 9 a.m.

6 days ago - PRNewsWire

The market is too optimistic about a rebound in home improvement, says Oppenheimer's Brian Nagel

Brian Nagel, senior equity analyst at Oppenheimer, joins 'Closing Bell' to discuss the weak retail sales numbers and his read on the consumer.

Other symbols: HDXRT
11 days ago - CNBC Television

Bill Ackman's Pershing Square Sold Most of Its Stake in Lowe's as DIY Spending Slowed

Bill Ackman's Pershing Square Capital Management made several changes to its portfolio in the fourth quarter of last year, including the sale of most of its stake in home improvement retailer Lowe's (...

11 days ago - Investopedia

Hedgehog and Lowe's Launch a New Dryer for the 50% of Americans with Snow this Winter

LOS ANGELES--(BUSINESS WIRE)-- #BootDryer--Hedgehog Dryer, which developed the fastest shoe and glove dryers on the market, has launched in the United States with Lowe's, as one of its “Into the Blue”...

11 days ago - Business Wire

Lowe's levels up: A blueprint for tomorrow's home improvement

Lowe's Companies Inc. NYSE: LOW has firmly positioned itself as an innovator within the home improvement sector through strategic initiatives leveraging technology to enhance customer experience and d...

13 days ago - MarketBeat

Cramer's Stop Trading: Lowe's

CNBC's Jim Cramer explains why he is keeping an eye on shares of Lowe's.

14 days ago - CNBC Television

Rebuilding Together and Lowe's Repair Six Las Vegas Homes as Part of 29th Annual 'Kickoff to Rebuild' During Super Bowl LVIII Weekend

Professional Football Player Chase Brown teamed up with Rebuilding Together, Lowe's, and nearly 200 volunteers to revitalize Valley View neighborhood  LAS VEGAS , Feb. 9, 2024 /PRNewswire/ -- Rebuildi...

17 days ago - PRNewsWire

LOWE'S UNVEILS LOWE'S STYLE STUDIO FOR APPLE VISION PRO

A breakthrough experience for the home improvement industry on Apple Vision Pro; customers can visualize and design their dream kitchen in minutes with immersive spatial computing  CHARLOTTE, N.C. , F...

25 days ago - PRNewsWire

LOWE'S INVITES COMMUNITIES TO NOMINATE PROJECTS FOR LOWE'S HOMETOWNS GRANT PROGRAM

Five-year, $100 million program supports physical improvements to veteran, first responder and affordable housing facilities, food pantries, community centers, playgrounds and parks MOORESVILLE, N.C. ...

4 weeks ago - PRNewsWire

Oppenheimer downgrades Lowe's and Home Depot

Brian Nagel, Oppenheimer senior equity research analyst, joins 'Power Lunch' to discuss why valuations may not reflect the real challenge ahead for home improvement companies, the modified price targe...

Other symbols: HD
5 weeks ago - CNBC Television

Home Depot and Lowe's downgraded on ‘cautious' stance toward home improvement

Home Depot Inc. and Lowe's Cos. stocks dipped in premarket trading on Monday after Oppenheimer downgraded the two construction-material and hardware giants to perform from outperform and cut their tar...

Other symbols: HD
5 weeks ago - Market Watch

Austin-based Air Purifier Company Reports Strong 2023 Growth: Alen Announces 33 Percent Growth in 2023 Sales and Expanded Footprint in Lowe's Stores Nationwide

AUSTIN, Texas--(BUSINESS WIRE)--AUSTIN-BASED ALEN REPORTS STRONG 2023 GROWTH: Alen Announces 33 Percent Growth in 2023 Sales and Expanded Footprint in Lowe's Stores Nationwide.

5 weeks ago - Business Wire

Lowe's and STAINMASTER Unveil 2024 Color of the Year

The nature-inspired tone will bring calm to any space while holding up against stains, making clean-up easy MOORESVILLE, N.C. , Jan. 16, 2024 /PRNewswire/ -- STAINMASTER™ Paint, available exclusively ...

5 weeks ago - PRNewsWire

LOWE'S NAMES MARGI VAGELL EXECUTIVE VICE PRESIDENT, SUPPLY CHAIN

MOORESVILLE, N.C. , Jan. 12, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced the appointment of Margi Vagell as executive vice president, supply chain, effective March 1, 2024.

6 weeks ago - PRNewsWire

Home Depot Gains a Bull. It May Have an Edge on Lowe's as Headwinds Ease.

Wedbush analysts upgraded shares of home-improvement retailer Home Depot to Outperform from Neutral, and lifted the target price to $380 from $330.

Other symbols: HD
6 weeks ago - Barrons

Lowe's Launches MyLowe's Rewards Loyalty Program Aimed at Helping DIYers Get More Value When They Choose Lowe's for Their Home Improvement Needs

MyLowe's Rewards Credit Card Holders Receive 5% Off Every Day; All Loyalty Members Earn Points Towards MyLowe's Money, Free Gifts and More MOORESVILLE, N.C. , Jan. 10, 2024 /PRNewswire/ -- Lowe's now ...

6 weeks ago - PRNewsWire

Who is Bill Ackman, the hedge funder who used corporate-raiding tactics to push out Harvard's president?

Bill Ackman's calls for the removal of Harvard University President Claudine Gay were ripped straight out of a corporate raider's playbook.

Other symbols: CMGGOOGHLF
7 weeks ago - Market Watch

3-Stock Lunch: FDX, GIS & LOW

Michael Farr, Farr, Miller & Washington president, joins ‘Power Lunch' to discuss three stocks: FedEx, General Mills and Lowe's.

Other symbols: FDXGIS
2 months ago - CNBC Television

Calls of the Day: Roblox, Uber, D.R. Horton, Lowes, and Thermo Fisher

The “Halftime Report” Investment Committee debate the biggest analyst calls of the day.

Other symbols: DHIRBLXTMOUBER
2 months ago - CNBC Television

Lowe's and Hornets Announce Partnership Extension, Renovate Amphitheater at Grier Heights Park

Lowe's Home Team Expands with Addition of Hornets Legend Muggsy Bogues MOORESVILLE, N.C. , Nov. 29, 2023 /PRNewswire/ -- Lowe's Companies, Inc. and the Charlotte Hornets today announced an extension o...

3 months ago - PRNewsWire

Just in Time to Address Nation's Indoor Air Quality Issues: Alen Top-Rated Air Purifiers Now Available at Lowe's Stores Nationwide and Online

AUSTIN, Texas--(BUSINESS WIRE)--JUST IN TIME TO ADDRESS NATION'S INDOOR AIR QUALITY ISSUES: Alen Top-Rated Air Purifiers Now Available at Lowe's Stores Nationwide and Online.

3 months ago - Business Wire

LOWE'S TO PARTICIPATE AT THE MORGAN STANLEY GLOBAL CONSUMER & RETAIL CONFERENCE

MOORESVILLE, N.C. , Nov. 28, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announces that Marvin R.

3 months ago - PRNewsWire

Is Lowe's still a better buy than Home Depot?

Whether Lowe's NYSE: LOW or Home Depot NYSE: HD is the better buy is pointless because both are high-quality retail names entrenched in the consumer landscape and pay great dividends. The question is,...

Other symbols: HD
3 months ago - MarketBeat