Lowe's Companies, Inc. (NYSE:LOW - Free Report) - Equities researchers at Telsey Advisory Group issued their Q1 2027 earnings estimates for shares of Lowe's Companies in a research report issued on Tuesday, April 15th. Telsey Advisory Group analyst J. Feldman expects that the home improvement retailer will post earnings per share of $3.26 for the quarter. Telsey Advisory Group currently has a "Outperform" rating and a $305.00 target price on the stock. The consensus estimate for Lowe's Companies' current full-year earnings is $11.90 per share. Telsey Advisory Group also issued estimates for Lowe's Companies' Q2 2027 earnings at $4.75 EPS, Q3 2027 earnings at $3.37 EPS and Q4 2027 earnings at $2.25 EPS.
Lowe's Companies (NYSE:LOW - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.10. The business had revenue of $18.55 billion during the quarter, compared to analyst estimates of $18.29 billion. Lowe's Companies had a net margin of 8.19% and a negative return on equity of 47.55%.
A number of other analysts have also recently commented on LOW. BNP Paribas raised shares of Lowe's Companies to a "strong sell" rating in a report on Thursday, February 27th. DA Davidson restated a "neutral" rating and issued a $270.00 price objective on shares of Lowe's Companies in a research report on Wednesday. Bank of America cut their target price on Lowe's Companies from $305.00 to $290.00 and set a "buy" rating for the company in a research report on Thursday, February 27th. StockNews.com raised Lowe's Companies from a "hold" rating to a "buy" rating in a report on Tuesday. Finally, Piper Sandler cut their price objective on shares of Lowe's Companies from $296.00 to $269.00 and set an "overweight" rating for the company in a report on Monday, March 24th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $278.74.
Read Our Latest Stock Report on Lowe's Companies
Lowe's Companies Price Performance
NYSE LOW traded up $4.60 during mid-day trading on Wednesday, reaching $219.01. The stock had a trading volume of 2,166,819 shares, compared to its average volume of 2,469,826. The company has a fifty day moving average price of $233.35 and a 200 day moving average price of $253.13. Lowe's Companies has a 1 year low of $206.39 and a 1 year high of $287.01. The stock has a market cap of $122.58 billion, a PE ratio of 18.27, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07.
Lowe's Companies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be paid a dividend of $1.15 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $4.60 dividend on an annualized basis and a dividend yield of 2.10%. Lowe's Companies's dividend payout ratio is 37.67%.
Institutional Investors Weigh In On Lowe's Companies
Institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank bought a new stake in shares of Lowe's Companies during the fourth quarter worth $1,842,954,000. Kovitz Investment Group Partners LLC lifted its holdings in Lowe's Companies by 350.2% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 2,373,460 shares of the home improvement retailer's stock valued at $585,770,000 after buying an additional 1,846,315 shares in the last quarter. GAMMA Investing LLC boosted its position in Lowe's Companies by 26,796.0% in the 1st quarter. GAMMA Investing LLC now owns 1,657,332 shares of the home improvement retailer's stock valued at $386,540,000 after buying an additional 1,651,170 shares during the period. Raymond James Financial Inc. bought a new position in shares of Lowe's Companies during the 4th quarter worth $314,435,000. Finally, Strategic Financial Concepts LLC increased its holdings in Lowe's Companies by 24,531.0% during the fourth quarter. Strategic Financial Concepts LLC now owns 1,228,102 shares of the home improvement retailer's stock valued at $303,096,000 after buying an additional 1,223,116 shares during the period. 74.06% of the stock is owned by institutional investors.
Lowe's Companies Company Profile
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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.
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