Q3 EPS Estimates for Lowe’s Companies Cut by Zacks Research

Lowe’s Companies, Inc. (NYSE:LOW) – Analysts at Zacks Research lowered their Q3 2027 EPS estimates for shares of Lowe’s Companies in a research note issued on Tuesday, September 1st. Zacks Research analyst Team now expects that the home improvement retailer will earn $2.85 per share for the quarter, down from their prior estimate of $3.12. The consensus estimate for Lowe’s Companies’ current full-year earnings is $12.26 per share. Zacks Research also issued estimates for Lowe’s Companies’ Q4 2027 earnings at $1.97 EPS, Q1 2028 earnings at $3.15 EPS, Q2 2028 earnings at $4.56 EPS, Q3 2028 earnings at $3.12 EPS, Q4 2028 earnings at $2.11 EPS, FY2028 earnings at $12.94 EPS, Q1 2029 earnings at $3.37 EPS, Q2 2029 earnings at $4.89 EPS and FY2029 earnings at $13.90 EPS.

A number of other equities research analysts also recently weighed in on the company. Weiss Ratings downgraded Lowe’s Companies from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Stifel Nicolaus dropped their target price on Lowe’s Companies from $270.00 to $220.00 and set a “hold” rating for the company in a report on Monday, May 18th. The Goldman Sachs Group cut their target price 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. Mizuho decreased their price target on Lowe’s Companies from $280.00 to $250.00 and set an “outperform” rating on the stock in a research note on Thursday, August 20th. Finally, Piper Sandler lowered their price target on Lowe’s Companies from $276.00 to $274.00 and set an “overweight” rating on the stock in a research report on Thursday, August 13th. Twenty-three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $258.53.

Lowe’s Companies Stock Down 2.3%

NYSE:LOW opened at $200.08 on Wednesday. The firm has a market capitalization of $112.25 billion, a PE ratio of 16.91, a price-to-earnings-growth ratio of 2.72 and a beta of 0.85. Lowe’s Companies has a 12-month low of $199.39 and a 12-month high of $293.06. The firm has a 50-day moving average price of $214.63 and a 200 day moving average price of $229.29.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 earnings per share for the quarter, beating the consensus estimate of $4.22 by $0.18. The business had revenue of $25.96 billion for the quarter, compared to analyst estimates of $26.13 billion. Lowe’s Companies had a net margin of 7.34% and a negative return on equity of 75.67%. The firm’s revenue was up 8.3% on a year-over-year basis. During the same period in the previous year, the business earned $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS.

Lowe’s Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be given a dividend of $1.25 per share. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.5%. Lowe’s Companies’s payout ratio is presently 42.27%.

Insider Activity

In other news, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total transaction of $2,097,477.30. Following the transaction, the executive vice president owned 16,142 shares of the company’s stock, valued at $3,628,883.02. This represents a 36.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Janice Dupre sold 14,150 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $221.90, for a total value of $3,139,885.00. Following the completion of the transaction, the executive vice president owned 39,785 shares in the company, valued at approximately $8,828,291.50. This represents a 26.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 25,980 shares of company stock valued at $5,796,937 over the last 90 days. 0.29% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Swiss RE Ltd. acquired a new position in Lowe’s Companies in the fourth quarter valued at approximately $25,000. Wilkerson Advisory Group LLC bought a new position in Lowe’s Companies in the fourth quarter valued at approximately $27,000. Sankala Group LLC acquired a new stake in Lowe’s Companies during the 4th quarter worth $33,000. Markowski Investments acquired a new stake in Lowe’s Companies during the 2nd quarter worth $33,000. Finally, Triumph Capital Management bought a new stake in shares of Lowe’s Companies during the 3rd quarter valued at $34,000. Institutional investors own 74.06% of the company’s stock.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s Foundation launched a coalition involving Nvidia, General Motors and more than 75 partners to train and certify 1 million skilled-trades workers by 2035. The initiative could strengthen Lowe’s relationships with professional customers and support future demand for tools and building materials. Lowe’s launches major effort to help close America’s skilled trades gap
• Positive Sentiment: Analysts continue to view growth in Lowe’s Pro, digital and Home Services operations as a potential long-term driver, potentially supporting the company’s valuation if these businesses can offset softer consumer DIY spending. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Neutral Sentiment: Zacks Research made several small, mixed adjustments to distant-period forecasts: Q2 2028 and Q2 2029 estimates rose slightly, while estimates for other 2027–2029 quarters and full-year 2028 declined. Its FY2028 forecast is now $12.94 per share and FY2029 is $13.90.
• Negative Sentiment: Lowe’s reduced its fiscal 2026 outlook as weak DIY demand and housing-market pressure challenge gains from Pro, Online and Home Services. The outlook reduction is the clearest near-term reason for investor caution. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines
• Negative Sentiment: Zacks lowered its FY2028 EPS forecast from $13.60 to $12.94 and its FY2029 forecast from $14.62 to $13.90. It also cut several quarterly estimates, including Q3 2027, Q4 2027, Q1 2028, Q3 2028 and Q4 2028, signaling expectations for more restrained earnings growth.

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.