Lowe’s Companies (NYSE:LOW) Updates FY 2026 Earnings Guidance

Lowe’s Companies (NYSE:LOW) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 12.250-12.750 for the period, compared to the consensus earnings per share estimate of 12.880. The company issued revenue guidance of $92.0 billion-$94.0 billion, compared to the consensus revenue estimate of $93.3 billion.

Analysts Set New Price Targets

Several analysts have recently weighed in on LOW shares. Truist Financial set a $280.00 target price on shares of Lowe’s Companies in a report on Wednesday. Jefferies Financial Group reissued a “buy” rating and issued a $305.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, February 25th. Royal Bank Of Canada downgraded shares of Lowe’s Companies from a “sector perform” rating to a “sector perform” rating in a research note on Tuesday, May 12th. Craig Hallum raised shares of Lowe’s Companies to a “buy” rating in a report on Tuesday, May 12th. Finally, Guggenheim raised their price objective on shares of Lowe’s Companies from $280.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $283.76.

Lowe’s Companies Price Performance

LOW opened at $221.25 on Thursday. Lowe’s Companies has a fifty-two week low of $208.00 and a fifty-two week high of $293.06. The firm’s fifty day moving average price is $236.07 and its two-hundred day moving average price is $248.40. The company has a market capitalization of $123.92 billion, a P/E ratio of 18.67, a P/E/G ratio of 4.19 and a beta of 0.91.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.97 by $0.06. The firm had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. Lowe’s Companies had a negative return on equity of 61.40% and a net margin of 7.71%.The company’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business posted $2.92 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, equities research analysts expect that Lowe’s Companies will post 12.58 EPS for the current fiscal year.

Lowe’s Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were issued a dividend of $1.20 per share. The ex-dividend date was Wednesday, April 22nd. This represents a $4.80 annualized dividend and a yield of 2.2%. Lowe’s Companies’s dividend payout ratio is 40.51%.

More Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Lowe’s delivered a Q1 earnings and revenue beat, with adjusted EPS of $3.03 and sales of $23.08 billion, while comparable sales rose 0.6%. LOWE’S REPORTS FIRST QUARTER 2026 SALES AND EARNINGS RESULTS
• Positive Sentiment: Growth in pro sales, online sales, appliances and home services suggests the company is executing well in better-performing channels. Lowe’s beats Wall Street expectations against ‘challenging’ housing backdrop
• Positive Sentiment: Analysts highlighted Lowe’s pro momentum and spring execution as evidence that the business is holding up better than feared. Lowe’s Q1 Earnings Beat on Pro Momentum & Strong Spring Execution
• Neutral Sentiment: Management maintained its FY2026 outlook, but the guidance range was below consensus, tempering enthusiasm after the beat. Lowe’s maintains annual forecasts amid challenging housing demand
• Negative Sentiment: CEO comments about the “most difficult housing market” since the financial crisis reinforced concerns that demand could stay soft. Lowe’s CEO says this is the ‘most difficult housing market’ since the financial crisis

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Mcguire Capital Advisors Inc. purchased a new stake in Lowe’s Companies during the fourth quarter worth $62,000. Compound Planning Inc. grew its stake in shares of Lowe’s Companies by 20.2% in the fourth quarter. Compound Planning Inc. now owns 10,911 shares of the home improvement retailer’s stock worth $2,631,000 after acquiring an additional 1,836 shares in the last quarter. Axxcess Wealth Management LLC increased its stake in shares of Lowe’s Companies by 16.1% during the fourth quarter. Axxcess Wealth Management LLC now owns 20,760 shares of the home improvement retailer’s stock worth $5,007,000 after acquiring an additional 2,876 shares during the period. Corient Private Wealth LLC grew its position in Lowe’s Companies by 56.1% during the fourth quarter. Corient Private Wealth LLC now owns 421,376 shares of the home improvement retailer’s stock worth $101,619,000 after buying an additional 151,396 shares during the period. Finally, Blue Sparrow LLC DE acquired a new stake in Lowe’s Companies during the 4th quarter valued at $15,350,000. Institutional investors own 74.06% of the company’s stock.

About Lowe’s Companies

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.