FY2025 EPS Estimate for Lowe’s Companies Reduced by Analyst

Lowe’s Companies, Inc. (NYSE:LOW) – Analysts at DA Davidson reduced their FY2025 EPS estimates for Lowe’s Companies in a research note issued to investors on Wednesday, November 20th. DA Davidson analyst M. Baker now anticipates that the home improvement retailer will post earnings of $11.84 per share for the year, down from their prior forecast of $11.91. DA Davidson currently has a “Neutral” rating and a $270.00 target price on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.82 per share. DA Davidson also issued estimates for Lowe’s Companies’ FY2026 earnings at $12.60 EPS.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Tuesday, August 20th. The home improvement retailer reported $4.10 EPS for the quarter, topping the consensus estimate of $3.96 by $0.14. The company had revenue of $23.59 billion during the quarter, compared to analyst estimates of $23.93 billion. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. Lowe’s Companies’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $4.56 EPS.

A number of other brokerages have also weighed in on LOW. Barclays raised their price objective on Lowe’s Companies from $229.00 to $245.00 and gave the company an “equal weight” rating in a report on Wednesday. Melius Research assumed coverage on shares of Lowe’s Companies in a research note on Monday, September 23rd. They issued a “buy” rating and a $290.00 price target on the stock. Sanford C. Bernstein dropped their price objective on shares of Lowe’s Companies from $306.00 to $301.00 and set an “outperform” rating for the company in a research note on Wednesday. Bank of America raised their target price on shares of Lowe’s Companies from $275.00 to $305.00 and gave the stock a “buy” rating in a research note on Friday, October 11th. Finally, TD Cowen upped their price target on Lowe’s Companies from $270.00 to $290.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Ten investment analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, Lowe’s Companies presently has an average rating of “Moderate Buy” and an average price target of $277.92.

Lowe’s Companies Price Performance

NYSE LOW opened at $265.50 on Thursday. Lowe’s Companies has a 1-year low of $196.23 and a 1-year high of $287.01. The company has a market cap of $150.62 billion, a PE ratio of 22.14, a price-to-earnings-growth ratio of 2.15 and a beta of 1.10. The stock’s 50 day simple moving average is $268.56 and its 200-day simple moving average is $244.50.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. FMR LLC boosted its stake in shares of Lowe’s Companies by 10.2% in the 3rd quarter. FMR LLC now owns 26,010,730 shares of the home improvement retailer’s stock valued at $7,045,006,000 after buying an additional 2,399,897 shares during the period. State Street Corp raised its holdings in Lowe’s Companies by 1.9% in the third quarter. State Street Corp now owns 25,013,655 shares of the home improvement retailer’s stock valued at $6,774,948,000 after acquiring an additional 460,851 shares in the last quarter. Geode Capital Management LLC raised its holdings in Lowe’s Companies by 1.6% in the third quarter. Geode Capital Management LLC now owns 11,733,461 shares of the home improvement retailer’s stock valued at $3,169,041,000 after acquiring an additional 187,473 shares in the last quarter. Legal & General Group Plc lifted its stake in Lowe’s Companies by 1.6% in the second quarter. Legal & General Group Plc now owns 5,205,491 shares of the home improvement retailer’s stock worth $1,147,603,000 after acquiring an additional 82,978 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in Lowe’s Companies by 1.2% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 3,369,052 shares of the home improvement retailer’s stock worth $912,508,000 after acquiring an additional 39,953 shares in the last quarter. 74.06% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Lowe’s Companies news, CAO Dan Clayton Griggs, Jr. sold 6,769 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $248.82, for a total value of $1,684,262.58. Following the completion of the transaction, the chief accounting officer now owns 9,383 shares in the company, valued at $2,334,678.06. The trade was a 41.91 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Margrethe R. Vagell sold 5,730 shares of the company’s stock in a transaction on Wednesday, October 2nd. The stock was sold at an average price of $271.45, for a total value of $1,555,408.50. Following the sale, the executive vice president now directly owns 13,214 shares in the company, valued at $3,586,940.30. This represents a 30.25 % decrease in their position. The disclosure for this sale can be found here. 0.26% of the stock is owned by insiders.

Lowe’s Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 23rd were given a $1.15 dividend. This is a positive change from Lowe’s Companies’s previous quarterly dividend of $0.15. The ex-dividend date was Wednesday, October 23rd. This represents a $4.60 dividend on an annualized basis and a yield of 1.73%. Lowe’s Companies’s payout ratio is presently 38.37%.

About Lowe’s Companies

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.