Lowe’s Companies (NYSE:LOW) Issues FY 2025 Earnings Guidance

Lowe’s Companies (NYSE:LOW) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 12.250-12.250 for the period, compared to the consensus EPS estimate of 12.300. The company issued revenue guidance of $86.0 billion-$86.0 billion, compared to the consensus revenue estimate of $85.2 billion.

Lowe’s Companies Stock Performance

Shares of LOW opened at $219.65 on Wednesday. Lowe’s Companies has a one year low of $206.38 and a one year high of $280.64. The stock has a 50-day moving average price of $245.71 and a 200 day moving average price of $237.46. The company has a market capitalization of $123.19 billion, a P/E ratio of 18.05, a P/E/G ratio of 2.21 and a beta of 0.87.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, August 20th. The home improvement retailer reported $4.33 earnings per share for the quarter, topping analysts’ consensus estimates of $4.24 by $0.09. The business had revenue of $23.96 billion during the quarter, compared to the consensus estimate of $23.99 billion. Lowe’s Companies had a net margin of 8.20% and a negative return on equity of 52.02%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same quarter last year, the company earned $4.10 earnings per share. As a group, equities research analysts forecast that Lowe’s Companies will post 11.9 earnings per share for the current fiscal year.

Lowe’s Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Wednesday, January 21st will be paid a $1.20 dividend. This represents a $4.80 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Wednesday, January 21st. Lowe’s Companies’s dividend payout ratio is 39.44%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LOW. Telsey Advisory Group reiterated an “outperform” rating and issued a $305.00 price target on shares of Lowe’s Companies in a research note on Thursday, November 13th. Robert W. Baird increased their target price on Lowe’s Companies from $285.00 to $295.00 and gave the stock an “outperform” rating in a report on Thursday, August 21st. Gordon Haskett upgraded Lowe’s Companies to a “hold” rating in a report on Wednesday, August 13th. Royal Bank Of Canada upped their price target on Lowe’s Companies from $243.00 to $260.00 and gave the company a “sector perform” rating in a research report on Thursday, August 21st. Finally, Truist Financial decreased their price objective on shares of Lowe’s Companies from $283.00 to $267.00 and set a “buy” rating for the company in a report on Friday, November 7th. Sixteen investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and a consensus price target of $278.91.

Insider Buying and Selling at Lowe’s Companies

In related news, EVP Joseph Michael Mcfarland sold 43,810 shares of Lowe’s Companies stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $272.60, for a total value of $11,942,606.00. Following the sale, the executive vice president directly owned 66,566 shares in the company, valued at $18,145,891.60. This trade represents a 39.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Brandon J. Sink sold 8,192 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $268.58, for a total transaction of $2,200,207.36. Following the transaction, the executive vice president directly owned 21,603 shares of the company’s stock, valued at $5,802,133.74. The trade was a 27.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 52,931 shares of company stock worth $14,381,752. 0.27% of the stock is owned by insiders.

Institutional Investors Weigh In On Lowe’s Companies

Hedge funds have recently made changes to their positions in the business. Invenio Wealth Partners LLC boosted its stake in shares of Lowe’s Companies by 3.7% in the 3rd quarter. Invenio Wealth Partners LLC now owns 1,277 shares of the home improvement retailer’s stock valued at $321,000 after purchasing an additional 46 shares during the last quarter. Paces Ferry Wealth Advisors LLC lifted its holdings in Lowe’s Companies by 3.2% in the third quarter. Paces Ferry Wealth Advisors LLC now owns 1,554 shares of the home improvement retailer’s stock valued at $390,000 after buying an additional 48 shares during the period. CYBER HORNET ETFs LLC boosted its position in Lowe’s Companies by 3.9% during the third quarter. CYBER HORNET ETFs LLC now owns 1,557 shares of the home improvement retailer’s stock valued at $391,000 after acquiring an additional 59 shares during the last quarter. GeoWealth Management LLC grew its holdings in Lowe’s Companies by 2.4% during the 3rd quarter. GeoWealth Management LLC now owns 2,655 shares of the home improvement retailer’s stock worth $667,000 after acquiring an additional 61 shares during the period. Finally, Strategic Investment Advisors MI raised its position in shares of Lowe’s Companies by 6.2% in the 2nd quarter. Strategic Investment Advisors MI now owns 1,161 shares of the home improvement retailer’s stock worth $258,000 after acquiring an additional 68 shares in the last quarter. Institutional investors own 74.06% of the company’s stock.

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.