Zacks Research Cuts Earnings Estimates for Lowe’s Companies

Lowe’s Companies, Inc. (NYSE:LOW) – Equities researchers at Zacks Research lowered their Q1 2026 earnings per share estimates for shares of Lowe’s Companies in a research report issued on Wednesday, March 12th. Zacks Research analyst S. Singh now expects that the home improvement retailer will post earnings per share of $2.88 for the quarter, down from their previous estimate of $3.20. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Zacks Research also issued estimates for Lowe’s Companies’ Q2 2026 earnings at $4.24 EPS, Q3 2026 earnings at $3.06 EPS, Q4 2026 earnings at $2.10 EPS, FY2026 earnings at $12.27 EPS, Q1 2027 earnings at $3.21 EPS, Q2 2027 earnings at $4.58 EPS, Q3 2027 earnings at $3.36 EPS, Q4 2027 earnings at $2.34 EPS, FY2027 earnings at $13.50 EPS and FY2028 earnings at $14.44 EPS.

Lowe’s Companies (NYSE:LOW) last issued its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, topping the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company had revenue of $18.55 billion during the quarter, compared to analyst estimates of $18.29 billion.

LOW has been the subject of a number of other research reports. Barclays boosted their price objective on Lowe’s Companies from $229.00 to $245.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 20th. Wedbush restated a “neutral” rating and set a $250.00 price objective on shares of Lowe’s Companies in a research report on Thursday, December 12th. Telsey Advisory Group restated an “outperform” rating and set a $305.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, February 26th. Royal Bank of Canada reduced their price target on Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating for the company in a research report on Thursday, February 27th. Finally, Truist Financial reduced their price target on Lowe’s Companies from $308.00 to $295.00 and set a “buy” rating for the company in a research report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat.com, Lowe’s Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $280.83.

Lowe’s Companies Price Performance

NYSE:LOW opened at $224.64 on Friday. Lowe’s Companies has a 12-month low of $211.80 and a 12-month high of $287.01. The firm has a market capitalization of $126.84 billion, a P/E ratio of 18.74, a P/E/G ratio of 1.96 and a beta of 1.12. The business has a 50 day simple moving average of $250.18 and a 200 day simple moving average of $258.49.

Institutional Investors Weigh In On Lowe’s Companies

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Campbell Deegan Wealth Management LLC acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth $323,000. Lighthouse Financial LLC acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth $284,000. Mattson Financial Services LLC raised its position in shares of Lowe’s Companies by 11.9% during the fourth quarter. Mattson Financial Services LLC now owns 9,968 shares of the home improvement retailer’s stock worth $2,700,000 after purchasing an additional 1,064 shares during the period. Wood Tarver Financial Group LLC acquired a new stake in shares of Lowe’s Companies during the fourth quarter worth $25,000. Finally, Berkeley Inc raised its position in shares of Lowe’s Companies by 19.0% during the fourth quarter. Berkeley Inc now owns 52,303 shares of the home improvement retailer’s stock worth $12,908,000 after purchasing an additional 8,343 shares during the period. 74.06% of the stock is owned by institutional investors and hedge funds.

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.