Free Trial

Lowe's Companies (LOW) Stock Price, News & Analysis

Lowe's Companies logo
$264.50 +1.47 (+0.56%)
(As of 09:02 AM ET)

About Lowe's Companies Stock (NYSE:LOW)

Key Stats

Today's Range
$264.50
$264.50
50-Day Range
$252.05
$284.05
52-Week Range
$196.23
$287.01
Volume
1,260 shs
Average Volume
2.44 million shs
Market Capitalization
$150.05 billion
P/E Ratio
22.06
Dividend Yield
1.74%
Price Target
$277.92
Consensus Rating
Moderate Buy

Company Overview

Founded in 1921, Lowe's Companies Inc. is one of the largest chains of home improvement stores in the United States and the second-largest hardware chain in the world. Operating 1,971 stores in the U.S. and 210 in Canada and Mexico, Lowe's Companies Inc. offers a wide range of products for use in residential and commercial construction, repair, property maintenance, remodeling and decorating. 

The company also provides a variety of in-house and third-party installation services, offered through partnerships with independent local contractors and extended protection plans purchased through Assurant Inc., an insurance company located in New York. Lowe's Companies Inc. also offers subcontracted in-warranty and out-of-warranty repair services under its privately labeled Lowe's Protection Plan. 

Lowe's Companies Inc. is known for competitive pricing and customer service. It has made strategic acquisitions and investments to strengthen its position in the market, contributing to steady revenue growth over the past decade. Additionally, it has embraced new technologies, investing in online ordering, artificial intelligence-enabled customer service and virtual design services to stay ahead of competitors. Lowe's Companies Inc. has also implemented various sustainability initiatives to reduce its environmental impact, including increasing energy efficiency at retail stores and using more renewable energy throughout its logistical systems. 

Lowe's Companies Inc. has many competitive advantages, including a strong balance sheet and commitment to customer satisfaction, helping it remain a leader in the home improvement retail space. Its financials are strong, revenue has grown steadily over the past decade, and it provides shareholder returns that routinely outpace the industry average. 

With over six million shareholders, its financially sound decisions have enabled it to grow its earnings by over 22% in the past decade while increasing shareholder earnings per share to 16% in the same period. 

Lowe's Companies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
90th Percentile Overall Score

LOW MarketRank™: 

Lowe's Companies scored higher than 90% of companies evaluated by MarketBeat, and ranked 50th out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lowe's Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 15 buy ratings, 10 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Lowe's Companies has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Lowe's Companies' stock forecast and price target.
  • Earnings Growth

    Earnings for Lowe's Companies are expected to grow by 6.85% in the coming year, from $11.82 to $12.63 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lowe's Companies is 21.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Lowe's Companies is 21.94, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 96.69.

  • Price to Earnings Growth Ratio

    Lowe's Companies has a PEG Ratio of 2.15. PEG Ratios above 1 indicate that a company could be overvalued.

  • Percentage of Shares Shorted

    1.23% of the float of Lowe's Companies has been sold short.
  • Short Interest Ratio / Days to Cover

    Lowe's Companies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lowe's Companies has recently increased by 3.71%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Lowe's Companies pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Lowe's Companies has been increasing its dividend for 53 years.

  • Dividend Coverage

    The dividend payout ratio of Lowe's Companies is 38.37%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Lowe's Companies will have a dividend payout ratio of 36.42% next year. This indicates that Lowe's Companies will be able to sustain or increase its dividend.

  • Read more about Lowe's Companies' dividend.
  • Percentage of Shares Shorted

    1.23% of the float of Lowe's Companies has been sold short.
  • Short Interest Ratio / Days to Cover

    Lowe's Companies has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Lowe's Companies has recently increased by 3.71%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Lowe's Companies has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 84 news articles for Lowe's Companies this week, compared to 22 articles on an average week.
  • Search Interest

    Only 42 people have searched for LOW on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
  • MarketBeat Follows

    27 people have added Lowe's Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lowe's Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,239,671.00 in company stock.

  • Percentage Held by Insiders

    Only 0.26% of the stock of Lowe's Companies is held by insiders.

  • Percentage Held by Institutions

    74.06% of the stock of Lowe's Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Lowe's Companies' insider trading history.
Receive LOW Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Lowe's Companies and its competitors with MarketBeat's FREE daily newsletter.

LOW Stock News Headlines

Flowood, MS - 2021: Lowe's is a retail chain of home improvement supply stores - Stock Editorial Photography
Lowe’s Stock Dip: Don’t Miss This Second-Chance Entry Point
Lowe's has headwinds in 2024 but they should revert to tailwinds in 2025 as lower interest rates and easing regulations impact the economy.
Trump’s IRS Hands Massive ‘Victory Gift’ To 401K Owners
The "Fake Media" has completely ignored Trump's genius "victory gift" to all America First patriots like you. A tax-free gift so powerful it could reshape the financial destinies of millions of IRA and 401(k) owners…
Q3 2024 Lowe's Companies Inc Earnings Call Transcript
Lowe's Stock Is Falling After Earnings. Here's Why
See More Headlines

LOW Stock Analysis - Frequently Asked Questions

Lowe's Companies' stock was trading at $222.55 at the beginning of 2024. Since then, LOW shares have increased by 18.2% and is now trading at $263.03.
View the best growth stocks for 2024 here
.

Lowe's Companies, Inc. (NYSE:LOW) announced its earnings results on Tuesday, August, 20th. The home improvement retailer reported $4.10 earnings per share for the quarter, beating analysts' consensus estimates of $3.96 by $0.14. The company's revenue for the quarter was down 5.5% compared to the same quarter last year.
Read the conference call transcript
.

Lowe's Companies subsidiaries include StainMaster, Boomerang Commerce, Retail Analytics platform of Boomerang Commerce, Maintenance Supply Headquarters, RONA, Atlas Pipeline Partners L.P., Orchard Supply Hardware, and more.

Lowe's Companies' top institutional investors include FMR LLC (4.59%), State Street Corp (4.41%), Geode Capital Management LLC (2.07%) and Massachusetts Financial Services Co. MA (1.32%). Insiders that own company stock include Joseph Michael Mcfarland, Ross W Mccanless, Seemantini Godbole, Janice Dupre, Donald Frieson, Margrethe R Vagell, Margrethe R Vagell and Dan Clayton Griggs Jr.
View institutional ownership trends
.

Shares of LOW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Lowe's Companies investors own include Salesforce (CRM), Chevron (CVX), Johnson & Johnson (JNJ), Home Depot (HD), AbbVie (ABBV), Coca-Cola (KO) and QUALCOMM (QCOM).

Company Calendar

Last Earnings
8/20/2024
Ex-Dividend for 11/6 Dividend
10/23/2024
Dividend Payable
11/06/2024
Today
11/21/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Lumber & other building materials
Sub-Industry
Home Improvement Retail
CUSIP
54866110
Employees
284,000
Year Founded
1921

Price Target and Rating

Average Stock Price Target
$277.92
High Stock Price Target
$310.00
Low Stock Price Target
$240.00
Potential Upside/Downside
+5.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
25 Analysts

Profitability

Net Income
$7.73 billion
Pretax Margin
10.74%

Debt

Sales & Book Value

Annual Sales
$86.38 billion
Cash Flow
$17.02 per share
Book Value
($23.65) per share

Miscellaneous

Free Float
565,819,000
Market Cap
$149.21 billion
Optionable
Optionable
Beta
1.10

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

This page (NYSE:LOW) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners