Zacks Research Analysts Decrease Earnings Estimates for LOW

Lowe’s Companies, Inc. (NYSE:LOW) – Analysts at Zacks Research dropped their FY2026 earnings per share (EPS) estimates for Lowe’s Companies in a report issued on Wednesday, December 3rd. Zacks Research analyst Team now expects that the home improvement retailer will post earnings per share of $12.25 for the year, down from their previous forecast of $12.30. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Zacks Research also issued estimates for Lowe’s Companies’ Q4 2026 earnings at $1.94 EPS, Q1 2027 earnings at $3.15 EPS, Q2 2027 earnings at $4.63 EPS, Q4 2027 earnings at $2.05 EPS, FY2027 earnings at $13.10 EPS, Q2 2028 earnings at $4.96 EPS and FY2028 earnings at $14.08 EPS.

Lowe’s Companies (NYSE:LOW) last released its quarterly earnings results on Wednesday, November 19th. The home improvement retailer reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.97 by $0.09. The business had revenue of $20.81 billion during the quarter, compared to analysts’ expectations of $20.88 billion. Lowe’s Companies had a negative return on equity of 55.86% and a net margin of 8.05%.The company’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.89 EPS. Lowe’s Companies has set its FY 2025 guidance at 12.250-12.250 EPS.

Other equities research analysts also recently issued reports about the stock. Royal Bank Of Canada reduced their price target on shares of Lowe’s Companies from $260.00 to $252.00 and set a “sector perform” rating on the stock in a research note on Thursday, November 20th. Argus dropped their target price on shares of Lowe’s Companies from $290.00 to $286.00 and set a “buy” rating for the company in a report on Tuesday, December 2nd. Oppenheimer cut their target price on Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating on the stock in a research report on Friday, December 5th. DA Davidson lowered their price target on Lowe’s Companies from $266.00 to $250.00 and set a “neutral” rating for the company in a research report on Thursday, November 20th. Finally, Wells Fargo & Company cut their price objective on Lowe’s Companies from $290.00 to $280.00 and set an “overweight” rating on the stock in a report on Tuesday, November 11th. Sixteen investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $274.88.

Lowe’s Companies Price Performance

NYSE LOW opened at $242.73 on Monday. The stock has a market capitalization of $136.16 billion, a P/E ratio of 20.13, a PEG ratio of 4.06 and a beta of 0.96. The firm’s 50-day moving average is $238.75 and its two-hundred day moving average is $238.79. Lowe’s Companies has a 12 month low of $206.38 and a 12 month high of $274.98.

Lowe’s Companies Announces Dividend

The business also recently disclosed 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 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, January 21st. Lowe’s Companies’s dividend payout ratio (DPR) is presently 39.80%.

Insider Activity at Lowe’s Companies

In other news, EVP Joseph Michael Mcfarland sold 43,810 shares of the business’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $272.60, for a total transaction of $11,942,606.00. Following the completion of the transaction, the executive vice president directly owned 66,566 shares of the company’s stock, valued at approximately $18,145,891.60. The trade was a 39.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.27% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Lowe’s Companies during the second quarter worth $1,773,624,000. Nuveen LLC purchased a new position in shares of Lowe’s Companies in the 1st quarter valued at about $681,215,000. Wellington Management Group LLP raised its position in shares of Lowe’s Companies by 102.0% during the 3rd quarter. Wellington Management Group LLP now owns 4,204,311 shares of the home improvement retailer’s stock worth $1,056,585,000 after acquiring an additional 2,122,622 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Lowe’s Companies by 207.2% during the third quarter. Victory Capital Management Inc. now owns 2,058,086 shares of the home improvement retailer’s stock worth $517,218,000 after purchasing an additional 1,388,133 shares during the last quarter. Finally, Tableaux LLC acquired a new position in Lowe’s Companies in the second quarter valued at approximately $282,884,000. Institutional investors and hedge funds 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.