Zacks Research Issues Pessimistic Forecast for LOW Earnings

Lowe’s Companies, Inc. (NYSE:LOW) – Equities researchers at Zacks Research lowered their Q2 2027 earnings per share (EPS) estimates for Lowe’s Companies in a research report issued on Wednesday, June 3rd. Zacks Research analyst Team now anticipates that the home improvement retailer will post earnings per share of $4.24 for the quarter, down from their prior forecast of $4.45. The consensus estimate for Lowe’s Companies’ current full-year earnings is $12.50 per share. Zacks Research also issued estimates for Lowe’s Companies’ Q3 2027 earnings at $3.12 EPS, Q4 2027 earnings at $2.06 EPS, FY2027 earnings at $12.45 EPS, Q1 2028 earnings at $3.28 EPS, Q2 2028 earnings at $4.55 EPS, Q3 2028 earnings at $3.40 EPS, Q4 2028 earnings at $2.37 EPS, FY2028 earnings at $13.60 EPS, Q1 2029 earnings at $3.51 EPS and FY2029 earnings at $14.62 EPS.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.97 by $0.06. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The business had revenue of $23.08 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter last year, the business posted $2.92 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS.

A number of other brokerages have also recently weighed in on LOW. Wolfe Research set a $254.00 price target on Lowe’s Companies in a research report on Thursday, May 21st. HSBC dropped their price target on Lowe’s Companies from $260.00 to $220.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. KGI Securities initiated coverage on Lowe’s Companies in a research report on Tuesday, March 10th. They issued a “neutral” rating and a $255.00 price target for the company. The Goldman Sachs Group dropped their price target on Lowe’s Companies from $300.00 to $293.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Finally, TD Cowen dropped their price target on Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating for the company in a research report on Thursday, May 21st. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Lowe’s Companies presently has an average rating of “Moderate Buy” and a consensus target price of $264.57.

Lowe’s Companies Stock Up 0.6%

Shares of LOW stock opened at $207.79 on Thursday. Lowe’s Companies has a fifty-two week low of $203.40 and a fifty-two week high of $293.06. The stock has a market cap of $116.51 billion, a P/E ratio of 17.56, a P/E/G ratio of 2.61 and a beta of 0.86. The business has a fifty day simple moving average of $231.16 and a 200-day simple moving average of $246.89.

Lowe’s Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, July 22nd. This represents a $5.00 dividend on an annualized basis and a yield of 2.4%. This is a boost from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s dividend payout ratio (DPR) is 40.57%.

Institutional Trading of Lowe’s Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LOW. Brighton Jones LLC increased its position in Lowe’s Companies by 119.7% during the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock worth $7,889,000 after purchasing an additional 17,413 shares in the last quarter. Revolve Wealth Partners LLC boosted 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 worth $266,000 after buying an additional 259 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Lowe’s Companies by 22.3% in the 2nd quarter. Sivia Capital Partners LLC now owns 1,534 shares of the home improvement retailer’s stock worth $340,000 after buying an additional 280 shares during the last quarter. United Bank boosted its stake in Lowe’s Companies by 1.3% in the 2nd quarter. United Bank now owns 12,124 shares of the home improvement retailer’s stock worth $2,690,000 after buying an additional 155 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in Lowe’s Companies by 13.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,378 shares of the home improvement retailer’s stock worth $528,000 after buying an additional 275 shares during the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Zacks Research raised its Q1 2028 EPS estimate for Lowe’s, suggesting confidence in near-term earnings momentum. Lowe’s Companies stock page
• Positive Sentiment: The firm also increased its Q1 2029 EPS forecast, along with a slightly higher Q3 2027 estimate and maintained FY2028/FY2029 earnings expectations at relatively strong levels, signaling longer-term confidence in Lowe’s profit potential. Lowe’s Companies stock page
• Neutral Sentiment: Separately, Lowe’s shareholders affirmed board and pay practices at the annual meeting, which is unlikely to move the stock much on its own. Lowe’s shareholders affirm board, pay practices at annual meeting
• Negative Sentiment: Zacks Research trimmed several other estimates, including Q2 2027, Q4 2027, Q2 2028, Q4 2028, FY2027, FY2028 and FY2029, which points to some caution on Lowe’s longer-term earnings trajectory. Lowe’s Companies stock page

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.