DA Davidson Has Pessimistic Outlook of LOW FY2025 Earnings

Lowe’s Companies, Inc. (NYSE:LOW) – Equities research analysts at DA Davidson cut their FY2025 EPS estimates for Lowe’s Companies in a research report issued to clients and investors on Wednesday, November 20th. DA Davidson analyst M. Baker now forecasts that the home improvement retailer will post earnings of $11.84 per share for the year, down from their prior estimate 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.

Other equities analysts have also issued research reports about the company. Mizuho raised their price objective on Lowe’s Companies from $280.00 to $282.00 and gave the stock an “outperform” rating in a research note on Wednesday. Wells Fargo & Company raised their price target on Lowe’s Companies from $280.00 to $295.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 6th. Wedbush reaffirmed a “neutral” rating and set a $250.00 price objective on shares of Lowe’s Companies in a research report on Wednesday, August 21st. Gordon Haskett decreased their target price on shares of Lowe’s Companies from $245.00 to $240.00 and set a “hold” rating on the stock in a report on Wednesday, August 21st. Finally, StockNews.com upgraded shares of Lowe’s Companies from a “hold” rating to a “buy” rating in a research report on Wednesday, September 18th. Ten research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $277.92.

Lowe’s Companies Trading Down 0.2 %

NYSE LOW opened at $264.63 on Thursday. The company has a market cap of $150.12 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 2.15 and a beta of 1.10. The company has a 50 day moving average of $268.74 and a 200-day moving average of $244.73. Lowe’s Companies has a 1-year low of $196.23 and a 1-year high of $287.01.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Tuesday, August 20th. The home improvement retailer reported $4.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.96 by $0.14. Lowe’s Companies had a net margin of 8.19% and a negative return on equity of 47.55%. The firm had revenue of $23.59 billion for the quarter, compared to analyst estimates of $23.93 billion. During the same quarter in the prior year, the business posted $4.56 EPS. The business’s revenue was down 5.5% compared to the same quarter last year.

Institutional Investors Weigh In On Lowe’s Companies

A number of institutional investors have recently made changes to their positions in LOW. Anchor Investment Management LLC lifted its holdings in Lowe’s Companies by 2.6% in the third quarter. Anchor Investment Management LLC now owns 45,537 shares of the home improvement retailer’s stock valued at $12,334,000 after buying an additional 1,161 shares during the period. Tudor Financial Inc. acquired a new position in shares of Lowe’s Companies in the 3rd quarter valued at about $1,877,000. Virtu Financial LLC boosted its position in shares of Lowe’s Companies by 66.1% during the 3rd quarter. Virtu Financial LLC now owns 5,474 shares of the home improvement retailer’s stock valued at $1,483,000 after purchasing an additional 2,178 shares in the last quarter. Invst LLC acquired a new stake in Lowe’s Companies during the third quarter worth approximately $255,000. Finally, Discipline Wealth Solutions LLC bought a new stake in Lowe’s Companies in the third quarter worth approximately $630,000. Institutional investors own 74.06% of the company’s stock.

Insider Activity

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

Lowe’s Companies Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 23rd were issued a dividend of $1.15 per share. This is a boost from Lowe’s Companies’s previous quarterly dividend of $0.15. This represents a $4.60 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Wednesday, October 23rd. Lowe’s Companies’s payout ratio is 38.37%.

Lowe’s Companies Company Profile

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.