Lowe's Companies, Inc. (LOW)
| Market Cap | 123.14B |
| Revenue (ttm) | 86.38B |
| Net Income (ttm) | 7.73B |
| Shares Out | 572.19M |
| EPS (ttm) | 13.20 |
| PE Ratio | 16.30 |
| Forward PE | 17.83 |
| Dividend | $4.40 (2.05%) |
| Ex-Dividend Date | Apr 23, 2024 |
| Volume | 2,546,525 |
| Open | 217.74 |
| Previous Close | 217.48 |
| Day's Range | 214.75 - 218.27 |
| 52-Week Range | 181.85 - 262.49 |
| Beta | 1.14 |
| Analysts | Buy |
| Price Target | 250.96 (+16.61%) |
| 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 $250.96, which is an increase of 16.61% from the latest price.
News
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.
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.
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.
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...
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.
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.
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...
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...
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...
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...
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 ...
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...
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.
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.
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.
Lowe's posts lower-than-expected drop in sales on demand for small-scale repairs
Lowe's Cos reported a lower-than-expected drop in quarterly sales on Tuesday, helped by more small-scale repairs undertaken by inflation-hit Americans, who have otherwise cut back on big-ticket discre...
LOWE'S REPORTS FIRST QUARTER 2024 SALES AND EARNINGS RESULTS
— Comparable Sales Decreased 4.1%; Diluted EPS of $3.06 — — Affirms Full Year 2024 Outlook — MOORESVILLE, N.C. , May 21, 2024 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earn...
Home Depot's Earnings Signal Trouble for Lowe's. Home Improvement Demand Is Soft.
Analysts expect a 5.4% drop in revenue for Lowes' first fiscal quarter, underscoring the impact of the housing market's stagnation.
What You Need To Know Ahead of Lowe's Earnings
Home-improvement retailer Lowe's (LOW) reports first-quarter earnings before the bell Tuesday, a week after rival Home Depot (HD) reported its own.
As hurricane season arrives, these stocks could present opportunities
With hurricane season about to start, key stocks in the home-improvement and consumer-staples industries could present opportunities, according to investing-information website Trading.biz.
Up 4% This Year, Will Q1 Results Drive Lowe's Stock Higher?
Lowe's (NYSE: LOW), a home-improvement retailer, is scheduled to report its fiscal first-quarter results on Tuesday, May 21. We expect the company's stock to likely see little to no movement with reve...
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...