Lowe's Companies, Inc. (LOW)
| Market Cap | 132.01B |
| Revenue (ttm) | 86.38B |
| Net Income (ttm) | 7.73B |
| Shares Out | 572.19M |
| EPS (ttm) | 13.20 |
| PE Ratio | 17.56 |
| Forward PE | 19.20 |
| Dividend | $4.40 (1.91%) |
| Ex-Dividend Date | Apr 23, 2024 |
| Volume | 655,513 |
| Open | 232.67 |
| Previous Close | 232.26 |
| Day's Range | 230.45 - 233.05 |
| 52-Week Range | 181.85 - 262.49 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 252.30 (+9.32%) |
| Earnings Date | May 21, 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]
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 StatementsAnalyst Forecast
According to 27 analysts, the average rating for LOW stock is "Buy." The 12-month stock price forecast is $252.3, which is an increase of 9.32% from the latest price.
News
Bill Ackman's Pershing Square dumps stake in Lowe's, keeps Google
Hedge-fund manager Bill Ackman's Pershing Square Capital Management liquidated its shares of Lowe's Cos. in the first quarter, according to a regulatory filing Wednesday.
Lowe's Companies, Inc. to Host First Quarter 2024 Earnings Conference Call on May 21
MOORESVILLE, N.C. , May 14, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its First Quarter 2024 Earnings Conference Call at 9 a.m.
Here's why JPMorgan's Christopher Horvers is favoring Lowe's over Home Depot
Christopher Horvers, JPMorgan senior analyst, joins 'Money Movers' to discuss his thoughts on the home improvement sector, the macroeconomic data points regarding the consumer, and much more.
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
Lowe's Foundation partners with SkillsUSA to celebrate 'Trades Stars' from the Toolbelt Generation on SkillsUSA National Signing Day
Foundation awards $1 million to SkillsUSA and rolls out the blue carpet for students at select Lowe's stores nationwide on May 7, inspiring Gen Z to join skilled trades movement MOORESVILLE, N.C. , Ap...
Ex-Dividend Reminder: Lennar, Lowe's And West Pharmaceutical
On 4/23/24, Lennar, Lowe's Companies and West Pharmaceutical Services, will all trade ex-dividend for their respective upcoming dividends. Lennar will pay its quarterly dividend of $0.50 on 5/8/24, Lo...
Lowe's Teams Up with Lionel Messi, Inter Miami CF and CONMEBOL Copa América 2024 USA™ to Win Over Soccer Fans
MOORESVILLE, N.C. and MIAMI , April 18, 2024 /PRNewswire/ -- To capture the hearts and minds of consumers through a shared love for soccer, Lowe's is delivering a hat trick for soccer fans.
Three-Stock Lunch: Intel, Lowe's & Spotify
Brian Vendig, MJP Wealth Advisors president, joins 'Power Lunch' to discuss plays for three stocks, including Intel, Lowe's and Spotify.
Costco, Lowe's, Five Below, Dollar Tree downgraded due to ‘extreme' valuations
Gordon Haskett analyst Chuck Grom on Wednesday downgraded four retailers because their stocks are currently “priced for perfection” after an equities rally in recent months.
Costco, Dollar Tree, and Lowe's Stocks Are Downgraded. There's a ‘Notable Wall of Worry.
Gordon Haskett analyst Chuck Grom downgrades shares of Costco, Dollar Tree, Lowe's and Five Below.
DoorDash Enters Home Improvement Category With Lowe's Partnership
DoorDash has entered the home improvement category with a new partnership with Lowe's. The on-demand delivery aggregator now offers gardening tools, spring cleaning essentials, do-it-yourself supplies...
DoorDash Adds Lowe's as First Home Improvement Retail Partner
SAN FRANCISCO--(BUSINESS WIRE)--Today, DoorDash (NASDAQ: DASH), the local commerce platform, is excited to announce a new partnership with Lowe's Companies, Inc. (NYSE: LOW), to offer on-demand delive...
Lowe's downgraded on performance against Home Depot
Lowe's (LOW) has received a downgrade from D.A. Davidson, lowering its rating on the stock from Buy to Neutral.
Spotify Growth Potential, Disney Target Raised, Lowe's Downgraded | Top Calls
Top calls today are Spotify Growth Potential, Disney Target Raised and Lowe's Downgraded.
Biden's late-fee crackdown is a blow to department stores. Shoppers should beware of what comes next.
Some of the biggest clothing and department-store chains rely on their own private-label credit cards to cushion their bottom lines. Those cards, often laden with incentives, keep shoppers coming back...
LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND
MOORESVILLE, N.C. , March 22, 2024 /PRNewswire/ -- The board of directors of Lowe's Companies, Inc. (NYSE: LOW) has declared a quarterly cash dividend of one dollar and 10 cents ($1.10) per share, pay...
Lowe's is Helping Homeowners Save Money on Their Spring Home Improvement Projects
New Rewards Program Combined with SpringFest Savings Event Packed with New Deals and Ways to Help Consumers Save MOORESVILLE, N.C. , March 21, 2024 /PRNewswire/ -- As spring arrives, homeowners typica...
Home Depot and Lowe's are preparing for a 'renovation boom,' analyst says
Lowe's (LOW) and Home Depot (HD) have received Buy ratings from Mizuho analysts, as demand in the housing market starts to recover. Mizuho Americas Director and Senior Analyst David Bellinger joins Ya...
Lowe's Foundation Awards Over $6 Million in Gable Grants to Innovative Community-Based Nonprofits to Shore Up America's Skilled Trades Workforce
Foundation plans to recruit, train and prepare 50,000 job-ready tradespeople MOORESVILLE, N.C. , March 13, 2024 /PRNewswire/ -- The Lowe's Foundation has selected 10 community-based nonprofits as Gabl...
RELEX Solutions and Accenture to Help Lowe's Enhance Inventory Planning
NEW YORK & ATLANTA--(BUSINESS WIRE)-- #retail--RELEX Solutions, provider of unified supply chain and retail planning solutions, and Accenture (NYSE:ACN) are working with Lowe's Companies, Inc., (NYSE:...
Stories around Home Depot and Lowe's earnings failed to include nuance, says Jim Cramer
'Mad Money' host Jim Cramer takes a look at recent headlines around earnings and why he thinks there needs to be a change.
What Macy's, Lowe's Q4 results mean for the future of retail
Large retailers Macy's (M) and Lowe's (LOW) both reported their fourth-quarter earnings with mixed results. In addition, the Conference Board's Consumer Confidence reading came in lower than expected ...
Lowe's Q4 earnings beat on top and bottom lines but sales fall on declining DIY demand
Shares of Lowe's (LOW) are trading higher after the company posted its fourth-quarter report, beating revenue expectations, reporting $18.60 billion versus an expected $18.45 billion. However, the com...
Lowe's 4Q Earnings Beat Expectations But 2024 Outlook Remains Bleak
Lowe's Companies Inc. (LOW) reported fourth-quarter earnings that beat expectation Tuesday but issued weaker-than-expected full-year 2024 guidance as consumers pull back on home improvement spending.
Lowe's beats earnings estimates even as sales fall, company expects revenue to slide again
Brian Nagel, Oppenheimer & Company senior equity research analyst, joins 'Squawk Box' to break down Lowe's quarterly earnings results.