#8 - Lowe's (NYSE:LOW)
Lowe’s (LOW) Lowe’s (NYSE:LOW) is coming off a solid year in 2019. The company is managing to reinvent its business in the face of competitive threats such as it receives from Home Depot (NYSE:HD). To that end the company has been trying to change both the physical footprint of its stores and its e-commerce presence.
The company’s most recent earnings report suggests it might still have some work to do. The company’s revenue came in below the FactSet estimate. But of more concern, it was driven largely by the brick-and-mortar stores. The company is about a year behind Home Depot in its e-commerce efforts. However, it was only in its most recent quarter that Home Depot showed evidence that those efforts were paying off.
Lowe’s stock has a dividend yield of 2.11% and pays out an annual dividend of $2.20 per share. The company has posted annual dividend growth of 13.12% over the last three years and has 57 years of consecutive dividend growth.
About Lowe's Companies
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.
Read More - Current Price
- $264.68
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 15 Buy Ratings, 10 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $277.92 (5.0% Upside)
