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

Lowe’s Companies (NYSE:LOW) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 12.250-12.750 for the period, compared to the consensus EPS 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

A number of brokerages recently commented on LOW. William Blair began coverage on Lowe’s Companies in a research note on Tuesday, May 12th. They set an “overweight” rating for the company. KGI Securities began coverage on Lowe’s Companies in a research note on Tuesday, March 10th. They set a “neutral” rating and a $255.00 price objective for the company. Rothschild & Co Redburn lifted their price objective on Lowe’s Companies from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Robert W. Baird decreased their price objective on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Citigroup raised Lowe’s Companies from a “neutral” rating to a “buy” rating and set a $285.00 price objective for the company in a research note on Tuesday, May 12th. Twenty-three 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 MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $264.57.

Lowe’s Companies Trading Down 1.6%

LOW stock opened at $217.45 on Friday. The business’s 50-day moving average price is $235.39 and its two-hundred day moving average price is $248.26. The firm has a market cap of $121.79 billion, a PE ratio of 18.38, a P/E/G ratio of 4.25 and a beta of 0.91. Lowe’s Companies has a 1-year low of $208.00 and a 1-year high of $293.06.

Lowe’s Companies (NYSE:LOW) last posted its earnings results 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 for the quarter, compared to analyst estimates of $22.98 billion. Lowe’s Companies had a negative return on equity of 67.96% and a net margin of 7.51%.The company’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the previous year, the company posted $2.92 earnings per share. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.750 EPS. On average, analysts forecast that Lowe’s Companies will post 12.58 earnings per share for the current year.

Lowe’s Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 6th. Shareholders 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 payout ratio is currently 40.51%.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s beat Q1 estimates, reporting EPS of $3.03 versus $2.97 expected and revenue of about $23.08 billion versus $22.98 billion expected, helped by strong spring execution, pro-business momentum, and online sales growth. Lowe’s Companies, Inc. Q1 2026 Earnings Call Summary
• Positive Sentiment: The company launched an AI-driven “Material Lists” tool for Pro customers, which could improve efficiency and support future contractor sales. Lowe’s Boosts Pro Efficiency with AI-Driven Material Lists
• Neutral Sentiment: Several Wall Street firms trimmed price targets after the results but mostly kept buy/overweight-type ratings, suggesting analysts still see upside but are dialing back expectations for near-term growth. Lowe’s Analysts Slash Their Forecasts Following Q1 Results
• Negative Sentiment: Management’s full-year guidance and commentary pointed to a weak housing backdrop, soft DIY demand, and gross margin pressure, which is weighing on sentiment despite the earnings beat. Lowe’s sticks to forecasts amid muted US housing market, flags cost pressures
• Negative Sentiment: Analyst notes from BofA and RBC highlighted constrained earnings growth and risks to 2026 numbers if housing, consumer spending, and cost inflation remain weak. Lowe’s Faces ‘Constrained’ Earnings Growth Amid Weak DIY Demand, BofA Says

Institutional Trading of Lowe’s Companies

A number of institutional investors have recently modified their holdings of LOW. Price T Rowe Associates Inc. MD lifted its holdings in shares of Lowe’s Companies by 45.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 6,555,565 shares of the home improvement retailer’s stock valued at $1,580,941,000 after purchasing an additional 2,039,343 shares in the last quarter. Viking Global Investors LP bought a new stake in shares of Lowe’s Companies in the fourth quarter valued at about $219,948,000. Worldquant Millennium Advisors LLC lifted its holdings in shares of Lowe’s Companies by 243.2% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,116,945 shares of the home improvement retailer’s stock valued at $247,817,000 after purchasing an additional 791,526 shares in the last quarter. Amundi lifted its holdings in shares of Lowe’s Companies by 32.4% in the fourth quarter. Amundi now owns 1,876,570 shares of the home improvement retailer’s stock valued at $452,554,000 after purchasing an additional 459,650 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Lowe’s Companies by 191.8% in the third quarter. AQR Capital Management LLC now owns 656,222 shares of the home improvement retailer’s stock valued at $164,915,000 after purchasing an additional 431,304 shares in the last quarter. 74.06% of the stock is currently 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.