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

Lowe’s Companies (NYSE:LOW) updated its FY 2026 earnings guidance on Wednesday. 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.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on LOW shares. Argus lifted their target price on shares of Lowe’s Companies from $286.00 to $288.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. KGI Securities began coverage on Lowe’s Companies in a research report on Tuesday, March 10th. They set a “neutral” rating and a $255.00 price objective for the company. Wells Fargo & Company dropped their target price on Lowe’s Companies from $290.00 to $260.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. JPMorgan Chase & Co. raised their target price on Lowe’s Companies from $300.00 to $325.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $305.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, February 25th. Twenty-two equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $283.76.

Lowe’s Companies Stock Up 0.2%

Lowe’s Companies stock opened at $218.44 on Wednesday. The stock has a 50-day simple moving average of $236.65 and a 200 day simple moving average of $248.53. The stock has a market capitalization of $122.34 billion, a price-to-earnings ratio of 18.43, a P/E/G ratio of 4.18 and a beta of 0.91. Lowe’s Companies has a 12-month low of $210.33 and a 12-month high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.04. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. The business had revenue of $20.59 billion during the quarter, compared to analysts’ expectations of $20.34 billion. During the same quarter in the prior year, the business posted $1.93 earnings per share. Lowe’s Companies’s revenue was up 10.9% compared to the same quarter last year. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS. As a group, sell-side analysts anticipate that Lowe’s Companies will post 12.6 EPS for the current year.

Lowe’s Companies Announces Dividend

The business 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. 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 (DPR) is 40.51%.

More Lowe’s Companies News

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

• Positive Sentiment: Lowe’s is getting a potential boost from a new partnership with MrBeast, including in-store kids’ workshops and exclusive toy kits, which could help drive traffic, summer engagement, and incremental sales. LOWE’S BRINGS MRBEAST EXPERIENCE INTO STORES WITH NEW KIDS CLUB WORKSHOPS
• Positive Sentiment: Analysts still see some upside into earnings, with Oppenheimer maintaining an outperform rating even after trimming its price target, suggesting expectations are not uniformly bearish. Lowe’s Companies had its price target lowered by Oppenheimer Holdings, Inc.
• Neutral Sentiment: Multiple previews say Lowe’s Q1 results are likely to reflect a split between stronger Pro customer demand and weaker DIY spending, with Wall Street looking for about $22.91 billion in revenue and $2.96 in EPS. Lowe’s Q1 Earnings Preview: Is LOW Ready to Surprise Wall Street?
• Neutral Sentiment: Home Depot’s recent earnings were not disastrous, but same-store sales missed, and commentary pointed to a pressured consumer and a frozen housing market—signals that also frame the setup for Lowe’s report. Lowe’s Due After Home Depot Earnings Fall Less Than Feared
• Negative Sentiment: Sentiment has been mixed to cautious ahead of earnings, with Lowe’s stock near 52-week lows and analysts trimming price targets, reinforcing concerns about slower growth and limited near-term upside. Lowe’s Companies (NYSE:LOW) Price Target Cut to $220.00 by Analysts at Stifel Nicolaus
• Negative Sentiment: The broader backdrop remains weak, with the housing market still frozen and mortgage rates elevated, which could continue to weigh on renovation demand and discretionary spending at Lowe’s. Home Depot, Lowe’s Set to Report 1Q Results With Housing Market Still Frozen — Earnings Preview

Hedge Funds Weigh In On Lowe’s Companies

Several institutional investors and hedge funds have recently modified their holdings of LOW. Brighton Jones LLC raised its position in shares of Lowe’s Companies by 119.7% in the fourth quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after purchasing an additional 17,413 shares during the period. Revolve Wealth Partners LLC grew its stake in Lowe’s Companies by 31.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,078 shares of the home improvement retailer’s stock valued at $266,000 after buying an additional 259 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Lowe’s Companies by 22.3% during the second quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after acquiring an additional 280 shares during the last quarter. United Bank lifted its position in Lowe’s Companies by 1.3% during the second quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after acquiring an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in shares of Lowe’s Companies by 13.1% during the second quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after acquiring an additional 275 shares during the period. 74.06% of the stock is currently owned by institutional investors and hedge funds.

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.