Lowe's Companies, Inc. (LOW)

NYSE: LOW · IEX Real-Time Price · USD
222.55
-0.35 (-0.16%)
At close: Dec 29, 2023, 4:00 PM
222.02
-0.53 (-0.24%)
After-hours: Dec 29, 2023, 7:57 PM EST
-0.16%
Market Cap 127.99B
Revenue (ttm) 90.22B
Net Income (ttm) 7.66B
Shares Out 575.11M
EPS (ttm) 13.03
PE Ratio 17.08
Forward PE 17.45
Dividend $4.40 (1.98%)
Ex-Dividend Date Jan 23, 2024
Volume 2,631,306
Open 222.94
Previous Close 222.90
Day's Range 220.94 - 223.98
52-Week Range 181.85 - 237.21
Beta 1.04
Analysts Buy
Price Target 238.88 (+7.34%)
Earnings Date Nov 21, 2023

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 $238.88, which is an increase of 7.34% from the latest price.

Price Target
$238.88
(7.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
11 days 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
18 days 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...

4 weeks 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.

4 weeks 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.

4 weeks 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
5 weeks ago - MarketBeat

Home-improvement retailer cuts profit guidance for the second time this year due to sales slump in France

Kingfisher PLC on Wednesday cut its profit guidance for the second time this year, as it warned its sales are set to suffer due to unfavorable markets in France.

5 weeks ago - Market Watch

Lowe's and Kohl's Tanked, but Burlington Soared. It isn't Just the Economy.

Execution played a role. So did Wall Street's expectations.

Other symbols: BURLKSS
5 weeks ago - Barrons

Lowe's bonds sell off along with stock after earnings come with a warning

Lowe's Cos. shares fell about 3% Tuesday, after the home-improvement retailer missed revenue forecasts for the third quarter and lowered its guidance, warning that consumers favor experiences over goo...

5 weeks ago - Market Watch

Midday Movers: Best Buy and Lowe's Drop, Newmont and Freeport-McMoRan Gain

U.S. equities were down at midday as a string of retailers warned about consumer spending heading into the key holiday shopping season. The Dow, S&P 500, and Nasdaq all fell.

Other symbols: BBYFCXNEM
5 weeks ago - Investopedia

Lowe's Cuts Its Forecast as Sales Drop Amid Decline in DIY Project Spending

Shares of Lowe's (LOW) dropped over 2% in early trading Tuesday after the home improvement retailer missed revenue expectations and slashed its outlook as the booming demand for home upgrades during t...

5 weeks ago - Investopedia

Lowe's Cuts Sales Forecast as Consumers Decide Against DIY

Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe's. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov. 21) that it had seen...

5 weeks ago - PYMNTS

Lowe's sees steeper drop in annual sales as DIY demand stumbles

Lowe's saw a "greater-than-expected pullback in DIY discretionary spending, particularly in bigger ticket categories" in the third quarter, CEO Marvin Ellison said.

5 weeks ago - Fox Business

Lowe's Cuts Sales Forecast as Same-Store Sales Fall 7.4%

Lowe's Cos. lowered its full-year revenue forecast again, as same-store sales suffered their fourth consecutive decline.

5 weeks ago - Bloomberg Markets and Finance

Lowe's cuts sales outlook as homeowners take on fewer projects; shares slide

CNBC's Joe Kernen reports on the company's quarterly earnings results.

5 weeks ago - CNBC Television

Lowe's sees pullback in discretionary spending, cuts earnings outlook

Lowe's Cos. Inc. shares LOW were falling more than 5% in Tuesday's premarket trading after the home-improvement company trimmed its full-year outlook and called out pressure on discretionary spending.

5 weeks ago - Market Watch

LOWE'S REPORTS THIRD QUARTER 2023 SALES AND EARNINGS RESULTS

— Comparable Sales Decreased 7.4%; Diluted EPS of $3.06 — — Updates Full Year 2023 Outlook — MOORESVILLE, N.C. , Nov. 21, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net ear...

5 weeks ago - PRNewsWire

How Will Lowe's Stock Trend After Increasing Only 3% This Year?

We expect the company's stock to see little movement post-third-quarter results - as its revenue and earnings are expected to almost match the consensus estimates.

6 weeks ago - Forbes

LOWE'S ANNOUNCES 2023 VENDOR PARTNERS OF THE YEAR

Lowe's recognizes Hixson Lumber, PrimeSource and GE Appliances as This Year's Outstanding Suppliers; Trex named Lowe's Sustainability Partner of the Year MOORESVILLE, N.C. , Nov. 15, 2023 /PRNewswire/...

6 weeks ago - PRNewsWire

Lowe's Companies, Inc. to Host Third Quarter 2023 Earnings Conference Call on Nov. 21

MOORESVILLE, N.C. , Nov. 14, 2023 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) announced today that it will hold its Third Quarter 2023 Earnings Conference Call at 9 a.m.

6 weeks ago - PRNewsWire

LOWE'S COMPANIES, INC. DECLARES CASH DIVIDEND

MOORESVILLE, N.C. , Nov. 10, 2023 /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, paya...

7 weeks ago - PRNewsWire

Lowe's Debuts a New Way to Teach Millennials How to Make Basic Home Repairs, Helping Homeowners Build DIY Confidence and Save on Costs

Expanding upon DIY-University (DIY-U) by Lowe's, Home Repair Workshops launch at select stores nationwide with hands-on support from helpful Lowe's red vest associates MOORESVILLE, N.C. , Nov. 10, 202...

7 weeks ago - PRNewsWire

3 Top Dividend Growers For 2024

2024 is setting up to be a great year for us contrarian dividend investors—but to take full advantage, we need to buy now—while fear is still in the air.

Other symbols: CSLMA
7 weeks ago - Forbes

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

2 months ago - Kiplinger

Lowe's Foundation Announces New Round of Gable Grants to Goodwill, LISC and NCCER

Grants bring Lowe's Foundation's total support for skilled trades workforce development to nearly $11 million in 2023 as part of five-year, $50 million commitment MOORESVILLE, N.C. , Nov. 1, 2023 /PRN...

2 months ago - PRNewsWire