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

Lowe’s Companies (NYSE:LOW) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 12.250-12.250 for the period, compared to the consensus EPS estimate of 12.880. The company issued revenue guidance of $92.0 billion-$92.0 billion, compared to the consensus revenue estimate of $93.3 billion.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LOW shares. Sanford C. Bernstein dropped their price target on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. BTIG Research lowered shares of Lowe’s Companies to a “reduce” rating in a research note on Tuesday, May 12th. TD Cowen lowered their price target on Lowe’s Companies from $280.00 to $235.00 and set a “hold” rating on the stock in a report on Thursday, May 21st. Weiss Ratings lowered Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday. Finally, Evercore lowered their target price on Lowe’s Companies from $250.00 to $230.00 in a 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $262.63.

Lowe’s Companies Stock Up 0.1%

Shares of LOW opened at $215.94 on Wednesday. The business has a 50-day simple moving average of $216.12 and a two-hundred day simple moving average of $233.78. Lowe’s Companies has a 52 week low of $199.40 and a 52 week high of $293.06. The stock has a market cap of $121.08 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 2.79 and a beta of 0.86.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings data on Wednesday, May 20th. The home improvement retailer reported $3.03 earnings per share (EPS) 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 company had revenue of $23.08 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the previous year, the company posted $2.92 EPS. The firm’s revenue was up 10.3% on a year-over-year basis. On average, equities analysts anticipate that Lowe’s Companies will post 12.43 earnings per share for the current fiscal year.

Lowe’s Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were given a dividend of $1.25 per share. This represents a $5.00 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Wednesday, July 22nd. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $1.20. Lowe’s Companies’s payout ratio is 42.27%.

Insider Buying and Selling

In other news, EVP Margrethe R. Vagell sold 2,500 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $223.83, for a total value of $559,575.00. Following the transaction, the executive vice president owned 20,220 shares of the company’s stock, valued at approximately $4,525,842.60. The trade was a 11.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Juliette Williams Pryor sold 9,330 shares of the stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, the executive vice president directly owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This trade represents a 36.63% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 25,980 shares of company stock valued at $5,796,937. Company insiders own 0.29% of the company’s stock.

Key Headlines Impacting Lowe’s Companies

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

• Positive Sentiment: Investors are looking for Lowe’s Pro customer growth, online sales momentum and expansion in home services to support results. The company’s Total Home strategy is also viewed as a longer-term value-creation opportunity. Is Lowe’s a Buy Ahead of Earnings
• Positive Sentiment: Wall Street expects revenue growth to accelerate materially from the prior-year period, while largely steady analyst estimates suggest relatively firm confidence in Lowe’s near-term operating outlook. Analysts maintain a consensus “Moderate Buy” rating. Expected Revenue Acceleration and Steady Forecasts
• Neutral Sentiment: The earnings release is expected to produce a sizable share-price move, with investors focused on comparable-store sales, gross margins, earnings guidance and management’s view of housing-related demand. Expected Earnings Moves for Home Depot and Lowe’s
• Neutral Sentiment: Lowe’s reports alongside other major retailers, including Target and recently Home Depot, giving investors a broader read on U.S. consumer spending and the home-improvement market. Target or Lowe’s Ahead of Earnings
• Negative Sentiment: Weak do-it-yourself demand, cautious consumers and limited housing activity could offset strength in Pro sales, digital channels and services. Higher costs may also pressure margins, making the earnings beat-and-guidance combination especially important. Lowe’s Earnings Preview
• Negative Sentiment: The shares remain well below their 52-week high and below their longer-term moving average, reflecting investor concern that Lowe’s may remain dependent on a delayed housing recovery. Comparisons with Home Depot, which is viewed as having steadier estimates, add competitive pressure. Lowe’s Q2 Earnings Preview

Hedge Funds Weigh In On Lowe’s Companies

Several institutional investors have recently bought and sold shares of the business. Swiss RE Ltd. bought a new stake in shares of Lowe’s Companies in the 4th quarter worth about $25,000. Wilkerson Advisory Group LLC purchased a new position in Lowe’s Companies in the fourth quarter worth about $27,000. Triumph Capital Management bought a new stake in Lowe’s Companies during the third quarter worth approximately $34,000. Garton & Associates Financial Advisors LLC bought a new stake in Lowe’s Companies during the fourth quarter worth approximately $49,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Lowe’s Companies during the fourth quarter valued at approximately $54,000. Institutional investors own 74.06% of the company’s stock.

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.