Lowe's Companies, Inc. (LOW)
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]
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 StatementsAnalyst 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.
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.
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.
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...
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.
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.
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,...
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.
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.
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...
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.
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...
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...
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.
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.
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.
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.
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...
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.
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/...
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.
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...
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...
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.
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...