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

Lowe’s Companies (NYSE:LOW) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) 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.

Lowe’s Companies Stock Performance

Shares of NYSE:LOW opened at $215.94 on Wednesday. The stock has a market capitalization of $121.08 billion, a price-to-earnings ratio of 18.25, a price-to-earnings-growth ratio of 2.79 and a beta of 0.86. Lowe’s Companies has a 1-year low of $199.40 and a 1-year high of $293.06. The company’s fifty day moving average is $216.12 and its two-hundred day moving average is $233.78.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings results on Wednesday, May 20th. The home improvement retailer reported $3.03 EPS for the quarter, beating the consensus estimate of $2.97 by $0.06. Lowe’s Companies had a net margin of 7.51% and a negative return on equity of 67.96%. The business had revenue of $23.08 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the previous year, the business posted $2.92 EPS. The company’s quarterly revenue was up 10.3% on a year-over-year basis. Sell-side analysts expect that Lowe’s Companies will post 12.43 EPS for the current fiscal year.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were issued a $1.25 dividend. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.20. This represents a $5.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Wednesday, July 22nd. Lowe’s Companies’s dividend payout ratio is 42.27%.

Analysts Set New Price Targets

LOW has been the subject of a number of research reports. Robert W. Baird decreased their target price on Lowe’s Companies from $320.00 to $270.00 and set an “outperform” rating for the company in a research note on Thursday, May 21st. Morgan Stanley dropped their price target on Lowe’s Companies from $292.00 to $277.00 and set an “overweight” rating on the stock in a research report on Thursday, May 21st. Bank of America cut their price target on Lowe’s Companies from $260.00 to $257.00 and set a “neutral” rating on the stock in a report on Thursday, May 21st. Evercore reduced their price objective on Lowe’s Companies from $250.00 to $230.00 in a research report on Thursday, May 21st. Finally, Oppenheimer lowered their price objective on Lowe’s Companies from $315.00 to $275.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lowe’s Companies has an average rating of “Moderate Buy” and an average target price of $262.63.

Insider Buying and Selling at Lowe’s Companies

In related news, EVP Margrethe R. Vagell sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $223.83, for a total value of $559,575.00. Following the sale, the executive vice president directly owned 20,220 shares in the company, valued at $4,525,842.60. This trade represents a 11.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Janice Dupre sold 14,150 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total value of $3,139,885.00. Following the transaction, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This trade represents a 26.24% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 25,980 shares of company stock worth $5,796,937. 0.29% of the stock is owned by company insiders.

Lowe’s Companies News Roundup

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

• Positive Sentiment: Lowe’s reported adjusted diluted EPS of $4.40, beating the consensus estimate by $0.18. GAAP diluted EPS was $4.27, while net earnings totaled approximately $2.4 billion. Lowe’s Q2 earnings report
• Positive Sentiment: Comparable sales increased 0.2%, and the company continues to benefit from its professional-customer, online and home-services businesses, which are helping offset weaker discretionary demand. Lowe’s second-quarter results
• Neutral Sentiment: Revenue rose to $25.96 billion, but it missed analysts’ expectations by roughly $150 million. GAAP EPS was unchanged from the year-earlier quarter, indicating limited profit growth despite higher sales. Lowe’s muted outlook
• Negative Sentiment: Lowe’s guided 2026 adjusted EPS to approximately $12.25 and revenue to about $92.0 billion, both below consensus estimates of $12.88 and $93.3 billion. Management expects persistent pressure in DIY spending as consumers delay expensive renovation projects amid a difficult housing market. Lowe’s cuts annual sales forecast

Institutional Investors Weigh In On Lowe’s Companies

Several institutional investors have recently bought and sold shares of the stock. Sumitomo Life Insurance Co. boosted its stake in Lowe’s Companies by 0.6% in the fourth quarter. Sumitomo Life Insurance Co. now owns 6,140 shares of the home improvement retailer’s stock worth $1,481,000 after purchasing an additional 39 shares in the last quarter. Ausdal Financial Partners Inc. increased its stake in shares of Lowe’s Companies by 1.2% in the fourth quarter. Ausdal Financial Partners Inc. now owns 3,430 shares of the home improvement retailer’s stock valued at $827,000 after buying an additional 40 shares in the last quarter. Foresight Global Investors Inc. raised its holdings in shares of Lowe’s Companies by 3.9% in the fourth quarter. Foresight Global Investors Inc. now owns 1,192 shares of the home improvement retailer’s stock valued at $287,000 after buying an additional 45 shares during the last quarter. Invenio Wealth Partners LLC lifted its position in Lowe’s Companies by 3.7% during the 3rd quarter. Invenio Wealth Partners LLC now owns 1,277 shares of the home improvement retailer’s stock worth $321,000 after buying an additional 46 shares in the last quarter. Finally, Paces Ferry Wealth Advisors LLC grew its holdings in Lowe’s Companies by 3.2% during the 3rd quarter. Paces Ferry Wealth Advisors LLC now owns 1,554 shares of the home improvement retailer’s stock worth $390,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

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.