Lowe’s Companies (NYSE:LOW – Get Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 12.150-12.400 for the period, compared to the consensus EPS estimate of 12.210. The company issued revenue guidance of $83.5 billion-$84.5 billion, compared to the consensus revenue estimate of $84.3 billion.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on LOW. DA Davidson reiterated a “neutral” rating and issued a $270.00 price objective on shares of Lowe’s Companies in a report on Wednesday, April 16th. Citigroup reaffirmed a “neutral” rating and set a $253.00 price objective (down from $269.00) on shares of Lowe’s Companies in a research report on Wednesday, May 14th. JPMorgan Chase & Co. reduced their price target on Lowe’s Companies from $300.00 to $263.00 and set an “overweight” rating for the company in a report on Tuesday, May 6th. Bank of America reduced their price objective on Lowe’s Companies from $305.00 to $290.00 and set a “buy” rating for the company in a report on Thursday, February 27th. Finally, Royal Bank of Canada lowered their price objective on Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating for the company in a research report on Thursday, February 27th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and an average price target of $276.17.
Get Our Latest Stock Analysis on Lowe’s Companies
Lowe’s Companies Stock Performance
Lowe’s Companies (NYSE:LOW – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The business had revenue of $18.55 billion for the quarter, compared to analyst estimates of $18.29 billion. As a group, research analysts forecast that Lowe’s Companies will post 11.9 EPS for the current year.
Lowe’s Companies Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd were given a $1.15 dividend. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $4.60 annualized dividend and a dividend yield of 1.99%. Lowe’s Companies’s dividend payout ratio is currently 37.67%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Lowe’s Companies stock. Brighton Jones LLC lifted its stake in Lowe’s Companies, Inc. (NYSE:LOW – Free Report) by 119.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,965 shares of the home improvement retailer’s stock after purchasing an additional 17,413 shares during the period. Brighton Jones LLC’s holdings in Lowe’s Companies were worth $7,889,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.
Lowe’s Companies Company Profile
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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