Q3 Earnings Forecast for LOW Issued By Telsey Advisory Group

Lowe’s Companies, Inc. (NYSE:LOW) – Telsey Advisory Group dropped their Q3 2026 earnings per share estimates for Lowe’s Companies in a research report issued to clients and investors on Wednesday, August 20th. Telsey Advisory Group analyst J. Feldman now anticipates that the home improvement retailer will post earnings of $3.11 per share for the quarter, down from their previous estimate of $3.12. 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’ FY2026 earnings at $12.45 EPS, Q1 2027 earnings at $3.25 EPS, Q2 2027 earnings at $4.68 EPS, Q3 2027 earnings at $3.34 EPS and FY2027 earnings at $13.57 EPS.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, August 20th. The home improvement retailer reported $4.33 earnings per share for the quarter, topping the consensus estimate of $4.24 by $0.09. Lowe’s Companies had a negative return on equity of 52.02% and a net margin of 8.20%.The business had revenue of $23.96 billion for the quarter, compared to analysts’ expectations of $23.99 billion. During the same quarter in the previous year, the firm earned $4.10 earnings per share. The business’s revenue was up 1.6% on a year-over-year basis. Lowe’s Companies has set its FY 2025 guidance at 12.200-12.450 EPS.

LOW has been the topic of a number of other research reports. Guggenheim reaffirmed a “buy” rating and set a $300.00 price target on shares of Lowe’s Companies in a research report on Thursday. Citigroup dropped their price target on Lowe’s Companies from $253.00 to $242.00 and set a “neutral” rating on the stock in a research report on Thursday, July 31st. Stifel Nicolaus upped their price target on Lowe’s Companies from $240.00 to $265.00 and gave the company a “hold” rating in a research report on Monday, August 18th. Barclays upped their price target on Lowe’s Companies from $245.00 to $277.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Royal Bank Of Canada upped their price target on Lowe’s Companies from $243.00 to $260.00 and gave the company a “sector perform” rating in a research report on Thursday. Sixteen investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Lowe’s Companies presently has a consensus rating of “Moderate Buy” and an average target price of $284.33.

Lowe’s Companies Trading Up 3.1%

LOW stock opened at $263.5780 on Friday. The stock’s fifty day simple moving average is $230.09 and its two-hundred day simple moving average is $230.39. Lowe’s Companies has a 1-year low of $206.38 and a 1-year high of $287.01. The stock has a market cap of $147.72 billion, a P/E ratio of 21.66, a P/E/G ratio of 2.41 and a beta of 0.89.

Hedge Funds Weigh In On Lowe’s Companies

Hedge funds and other institutional investors have recently modified their holdings of the company. Wood Tarver Financial Group LLC purchased a new position in shares of Lowe’s Companies in the 4th quarter worth about $25,000. Howard Hughes Medical Institute purchased a new position in shares of Lowe’s Companies in the 2nd quarter worth about $27,000. Solstein Capital LLC boosted its holdings in Lowe’s Companies by 627.8% during the 2nd quarter. Solstein Capital LLC now owns 131 shares of the home improvement retailer’s stock valued at $29,000 after acquiring an additional 113 shares during the period. Traub Capital Management LLC purchased a new stake in Lowe’s Companies during the 2nd quarter valued at about $30,000. Finally, Vermillion & White Wealth Management Group LLC boosted its holdings in Lowe’s Companies by 128.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 135 shares of the home improvement retailer’s stock valued at $30,000 after acquiring an additional 76 shares during the period. 74.06% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lowe’s Companies

In other news, EVP Juliette Williams Pryor sold 1,130 shares of the company’s stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of $227.50, for a total value of $257,075.00. Following the completion of the transaction, the executive vice president directly owned 31,898 shares in the company, valued at approximately $7,256,795. This represents a 3.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Marvin R. Ellison sold 40,000 shares of the company’s stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $264.10, for a total value of $10,564,000.00. Following the completion of the transaction, the chief executive officer owned 249,043 shares of the company’s stock, valued at $65,772,256.30. The trade was a 13.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by corporate insiders.

Lowe’s Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 23rd were paid a $1.20 dividend. The ex-dividend date was Wednesday, July 23rd. This represents a $4.80 dividend on an annualized basis and a yield of 1.8%. This is an increase from Lowe’s Companies’s previous quarterly dividend of $1.15. Lowe’s Companies’s dividend payout ratio is currently 39.77%.

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.