Lowe’s Companies (NYSE:LOW) Announces Earnings Results

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

Lowe’s Companies Price Performance

Shares of LOW stock opened at $213.36 on Wednesday. Lowe’s Companies has a one year low of $210.33 and a one year high of $293.06. The stock has a fifty day moving average price of $236.65 and a 200 day moving average price of $248.53. The stock has a market cap of $119.49 billion, a P/E ratio of 18.43, a price-to-earnings-growth ratio of 4.18 and a beta of 0.91.

Lowe’s Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Investors of record on Wednesday, April 22nd were 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 was Wednesday, April 22nd. Lowe’s Companies’s dividend payout ratio is presently 40.51%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on LOW shares. Citigroup raised shares of Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price objective on the stock in a research report on Tuesday, May 12th. Wells Fargo & Company cut their price target on shares of Lowe’s Companies from $290.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. Wolfe Research decreased their price objective 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. Gordon Haskett lowered their target price on shares of Lowe’s Companies from $300.00 to $280.00 in a research report on Friday, May 8th. Finally, Sanford C. Bernstein reduced their price target on Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Twenty-two analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $283.76.

Key Stories Impacting Lowe’s Companies

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

Institutional Investors Weigh In On Lowe’s Companies

Institutional investors and hedge funds have recently modified their holdings 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 bought a new position in shares of Lowe’s Companies during the 4th quarter worth approximately $27,000. Triumph Capital Management acquired a new stake in shares of Lowe’s Companies in the third quarter valued at approximately $34,000. Garton & Associates Financial Advisors LLC acquired a new stake in Lowe’s Companies in the 4th quarter valued at $49,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Lowe’s Companies during the 4th quarter worth about $54,000. 74.06% of the stock is owned by institutional investors.

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.