Lowe’s Companies (NYSE:LOW) Issues Quarterly Earnings Results

Lowe’s Companies (NYSE:LOW) posted its quarterly earnings results on Wednesday. The home improvement retailer reported $3.03 EPS for the quarter, topping the consensus estimate of $2.96 by $0.07, FiscalAI reports. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The company had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the previous year, the business posted $2.92 EPS. The firm’s revenue was up 10.3% on a year-over-year basis. Lowe’s Companies updated its FY 2026 guidance to 12.250-12.750 EPS.

Lowe’s Companies Price Performance

Shares of NYSE:LOW opened at $218.44 on Wednesday. The stock has a market cap of $122.34 billion, a P/E ratio of 18.43, a P/E/G ratio of 4.18 and a beta of 0.91. The firm has a fifty day moving average price of $236.65 and a 200 day moving average price of $248.53. Lowe’s Companies has a 1-year low of $210.33 and a 1-year high of $293.06.

Lowe’s Companies Announces Dividend

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

Analysts Set New Price Targets

LOW has been the subject of several analyst reports. Wolfe Research lowered their price target on shares of Lowe’s Companies from $285.00 to $284.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Royal Bank Of Canada cut shares of Lowe’s Companies from a “sector perform” rating to a “sector perform” rating in a report on Tuesday, May 12th. Stifel Nicolaus lowered their price target on shares of Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a report on Monday. William Blair initiated coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They set an “overweight” rating for the company. Finally, Weiss Ratings cut shares of Lowe’s Companies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $283.76.

Institutional Trading of Lowe’s Companies

Large investors have recently bought and sold shares of the business. Swiss RE Ltd. acquired a new stake in Lowe’s Companies during the 4th quarter worth $25,000. Wilkerson Advisory Group LLC acquired a new stake in Lowe’s Companies during the 4th quarter worth $27,000. Triumph Capital Management acquired a new stake in shares of Lowe’s Companies in the 3rd quarter worth $34,000. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Lowe’s Companies in the 4th quarter worth $49,000. Finally, Osterweis Capital Management Inc. lifted its stake in shares of Lowe’s Companies by 4,620.0% in the 2nd quarter. Osterweis Capital Management Inc. now owns 236 shares of the home improvement retailer’s stock worth $52,000 after acquiring an additional 231 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s reported adjusted EPS of $3.03, topping the $2.96 consensus, while revenue of $23.08 billion also edged past estimates. Comparable sales rose 0.6% and quarterly revenue increased 10.3% year over year. Article Title
• Positive Sentiment: Management said results were helped by strong spring execution, online sales growth, and strength in appliances, home services, and pro sales, which suggests the business is still finding pockets of demand despite a weak housing backdrop. Article Title
• Neutral Sentiment: The company reaffirmed fiscal 2026 guidance, but its EPS outlook of $12.25 to $12.75 came in below the Street’s $12.88 estimate, and revenue guidance of $92 billion to $94 billion was roughly in line. That kept the market from fully rewarding the beat. Article Title
• Negative Sentiment: Multiple reports highlighted that the stock fell after the earnings release because investors focused on the conservative profit outlook and a still-challenging U.S. housing market, which may limit DIY spending and pressure near-term upside. Article Title

Lowe’s Companies Company Profile

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.