Q2 Earnings Estimate for LOW Issued By Telsey Advisory Group

Lowe’s Companies, Inc. (NYSE:LOWFree Report) – Equities research analysts at Telsey Advisory Group reduced their Q2 2026 earnings per share estimates for shares of Lowe’s Companies in a research report issued on Wednesday, May 21st. Telsey Advisory Group analyst J. Feldman now anticipates that the home improvement retailer will post earnings per share of $4.27 for the quarter, down from their prior estimate of $4.38. Telsey Advisory Group has a “Outperform” rating and a $305.00 price objective on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. Telsey Advisory Group also issued estimates for Lowe’s Companies’ Q3 2026 earnings at $3.12 EPS, Q4 2026 earnings at $2.07 EPS, Q1 2027 earnings at $3.27 EPS, Q2 2027 earnings at $4.66 EPS, Q3 2027 earnings at $3.41 EPS and Q4 2027 earnings at $2.29 EPS.

Several other research analysts have also issued reports on the stock. Sanford C. Bernstein set a $266.00 price target on shares of Lowe’s Companies and gave the stock an “outperform” rating in a research report on Thursday. Stifel Nicolaus cut their price objective on Lowe’s Companies from $270.00 to $250.00 and set a “hold” rating for the company in a research report on Monday, May 19th. Wells Fargo & Company decreased their target price on Lowe’s Companies from $285.00 to $260.00 and set an “overweight” rating on the stock in a report on Thursday, May 8th. Royal Bank of Canada cut their target price on Lowe’s Companies from $244.00 to $242.00 and set a “sector perform” rating on the stock in a research report on Thursday. Finally, Wall Street Zen raised Lowe’s Companies from a “hold” rating to a “buy” rating in a report on Tuesday, April 15th. One analyst has rated the stock with a sell rating, nine have given a hold rating and seventeen have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $271.52.

Check Out Our Latest Report on LOW

Lowe’s Companies Price Performance

NYSE LOW opened at $221.08 on Friday. Lowe’s Companies has a 12 month low of $206.39 and a 12 month high of $287.01. The company has a market capitalization of $123.74 billion, a P/E ratio of 18.44, a PEG ratio of 1.96 and a beta of 1.00. The company’s 50 day simple moving average is $224.61 and its 200 day simple moving average is $244.68.

Lowe’s Companies (NYSE:LOWGet Free Report) last announced its earnings results on Wednesday, May 21st. The home improvement retailer reported $2.92 earnings per share for the quarter, beating the consensus estimate of $2.88 by $0.04. The business had revenue of $20.93 billion during the quarter, compared to analysts’ expectations of $21.09 billion. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the business posted $3.06 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of LOW. Klingenstein Fields & Co. LP raised its stake in shares of Lowe’s Companies by 1.0% in the 4th quarter. Klingenstein Fields & Co. LP now owns 4,101 shares of the home improvement retailer’s stock valued at $1,012,000 after buying an additional 39 shares in the last quarter. Saxony Capital Management LLC increased its stake in Lowe’s Companies by 4.2% in the fourth quarter. Saxony Capital Management LLC now owns 994 shares of the home improvement retailer’s stock valued at $245,000 after acquiring an additional 40 shares during the period. Powers Advisory Group LLC increased its stake in Lowe’s Companies by 2.7% in the fourth quarter. Powers Advisory Group LLC now owns 1,541 shares of the home improvement retailer’s stock valued at $380,000 after acquiring an additional 40 shares during the period. Gen Wealth Partners Inc raised its position in Lowe’s Companies by 1.9% in the fourth quarter. Gen Wealth Partners Inc now owns 2,163 shares of the home improvement retailer’s stock worth $534,000 after purchasing an additional 40 shares in the last quarter. Finally, Cordatus Wealth Management LLC lifted its stake in Lowe’s Companies by 0.3% during the fourth quarter. Cordatus Wealth Management LLC now owns 15,012 shares of the home improvement retailer’s stock worth $3,705,000 after purchasing an additional 41 shares during the period. Institutional investors and hedge funds own 74.06% of the company’s stock.

Lowe’s Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, April 23rd were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $4.60 dividend on an annualized basis and a yield of 2.08%. Lowe’s Companies’s payout ratio is 37.67%.

About Lowe’s Companies

(Get Free Report)

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.

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Earnings History and Estimates for Lowe's Companies (NYSE:LOW)

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