Q1 EPS Estimates for Lowe’s Companies Cut by Zacks Research

Lowe’s Companies, Inc. (NYSE:LOW) – Equities researchers at Zacks Research cut their Q1 2027 earnings estimates for shares of Lowe’s Companies in a research note issued to investors on Wednesday, March 11th. Zacks Research analyst Team now anticipates that the home improvement retailer will post earnings per share of $2.96 for the quarter, down from their prior estimate of $3.15. 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 2027 earnings at $4.45 EPS, Q3 2027 earnings at $3.11 EPS, Q4 2027 earnings at $2.10 EPS, FY2027 earnings at $12.62 EPS, Q1 2028 earnings at $3.22 EPS, Q2 2028 earnings at $4.78 EPS, Q3 2028 earnings at $3.43 EPS, Q4 2028 earnings at $2.44 EPS, FY2028 earnings at $13.87 EPS and FY2029 earnings at $14.78 EPS.

Other analysts have also recently issued research reports about the company. The Goldman Sachs Group raised their price objective on Lowe’s Companies from $283.00 to $300.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Stifel Nicolaus increased their price target on Lowe’s Companies from $230.00 to $250.00 and gave the company a “hold” rating in a research note on Monday, December 1st. Oppenheimer lowered their price target on Lowe’s Companies from $320.00 to $315.00 and set an “outperform” rating for the company in a report on Friday, December 5th. Bank of America dropped their price target on Lowe’s Companies from $290.00 to $280.00 and set a “buy” rating on the stock in a research note on Thursday, November 20th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Lowe’s Companies in a report on Monday, December 29th. Twenty-one research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $289.76.

Lowe’s Companies Trading Down 3.0%

Shares of LOW stock opened at $239.45 on Thursday. Lowe’s Companies has a 12-month low of $206.38 and a 12-month high of $293.06. The business’s fifty day simple moving average is $268.57 and its 200-day simple moving average is $254.32. The company has a market cap of $134.32 billion, a PE ratio of 20.21, a PEG ratio of 5.36 and a beta of 0.98.

Lowe’s Companies (NYSE:LOW) last posted its quarterly earnings data on Wednesday, February 25th. The home improvement retailer reported $1.98 EPS for the quarter, topping the consensus estimate of $1.94 by $0.04. The firm had revenue of $20.58 billion during the quarter, compared to analyst estimates of $20.34 billion. Lowe’s Companies had a net margin of 7.71% and a negative return on equity of 61.40%. Lowe’s Companies’s revenue was up 10.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.93 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.75 EPS.

Hedge Funds Weigh In On Lowe’s Companies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Maj Invest Holding A S increased its holdings in Lowe’s Companies by 15.7% in the third quarter. Maj Invest Holding A S now owns 802,990 shares of the home improvement retailer’s stock valued at $201,801,000 after buying an additional 108,813 shares in the last quarter. Bridges Investment Management Inc. boosted its stake in shares of Lowe’s Companies by 13.4% during the 3rd quarter. Bridges Investment Management Inc. now owns 420,832 shares of the home improvement retailer’s stock worth $105,759,000 after acquiring an additional 49,858 shares in the last quarter. Facet Wealth Inc. acquired a new stake in shares of Lowe’s Companies during the 3rd quarter valued at about $558,000. Prudential Financial Inc. grew its position in shares of Lowe’s Companies by 0.7% during the 2nd quarter. Prudential Financial Inc. now owns 826,356 shares of the home improvement retailer’s stock valued at $183,344,000 after acquiring an additional 5,820 shares during the period. Finally, Brighton Jones LLC increased its stake in shares of Lowe’s Companies by 119.7% in the 4th quarter. Brighton Jones LLC now owns 31,965 shares of the home improvement retailer’s stock valued at $7,889,000 after purchasing an additional 17,413 shares in the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Insider Activity at Lowe’s Companies

In related news, CEO Marvin R. Ellison sold 18,000 shares of Lowe’s Companies stock in a transaction dated Friday, January 9th. The stock was sold at an average price of $261.17, for a total transaction of $4,701,060.00. Following the completion of the sale, the chief executive officer owned 231,043 shares of the company’s stock, valued at $60,341,500.31. The trade was a 7.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.27% of the stock is owned by company insiders.

Key Lowe’s Companies News

Here are the key news stories impacting Lowe’s Companies this week:

• Positive Sentiment: Bazaarvoice visual syndication — Lowe’s joined the Bazaarvoice Visual Syndication Network, which can increase high‑impact user photos/videos on product pages and improve conversion and marketing effectiveness. This is a modest operational positive for merchandising and e‑commerce. Bazaarvoice Partnership
• Positive Sentiment: Zacks raised some longer‑term estimates — the firm bumped a few Q4 and FY2029 estimates (FY2029 to $14.78), suggesting Zacks still sees longer‑term earnings upside even as it trims nearer‑term forecasts. This supports a constructive medium‑term earnings thesis (no link available).
• Neutral Sentiment: KGI initiates coverage with a Neutral rating — new coverage can increase liquidity and attention but the Neutral stance is unlikely to provide a near‑term catalyst. KGI Coverage
• Negative Sentiment: Zacks cut multiple near‑term estimates and trimmed FY2027/FY2028 — the research team lowered several quarterly forecasts (Q1–Q3 2027 and Q1–Q3 2028 items) and reduced FY2027 (to $12.62 from $13.10) and FY2028 (to $13.87 from $14.08). Those downward revisions weaken near‑term earnings visibility and likely pressured the stock today (no link available).
• Negative Sentiment: Sector / housing weakness — broader headwinds for renovation spending (persistent high mortgage rates, low housing turnover) are weighing on the home‑improvement group and have pulled rival Home Depot lower; that sector pressure is spilling over to Lowe’s and is a key reason for the recent share weakness (no link available).

About Lowe’s Companies

Lowe’s Companies, Inc is a leading home improvement retailer that operates large-format stores and digital channels serving both do-it-yourself homeowners and professional contractors. The company offers a broad assortment of products including building materials, lumber, appliances, tools and hardware, plumbing and electrical supplies, paint, flooring, kitchen and bath fixtures, outdoor and garden products, and home decor. Lowe’s also provides a range of services such as installation, home improvement financing, tool and equipment rental, and contractor-focused sales programs.

Operations are centered on a nationwide brick-and-mortar store network supported by distribution centers and an e-commerce platform that enables online ordering, delivery and in-store pickup.