LOW Lowe's Companies Inc Stock Price Quote NYSE
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However, it's worth noting that this is on the back of a difficult comparable, due to heighted retail spending last year due to stay at home trends. On a two-year stacked basis, Lowe's U.S. comparable sales actually increased by a respectable 19.7%. Real-time analyst ratings, insider transactions, earnings data, and more.
Investors of record on Wednesday, January 25th will be paid a dividend of $1.05 per share on Wednesday, February 8th. This represents a $4.20 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Tuesday, January 24th. 74.04% of the stock of Lowe's Companies is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Lowe's Companies has received a -18.36% net impact score from Upright.
S&P Futures3,929.00-7.25(-0.18%)
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lowe's Companies in the last year. There are currently 2 sell ratings, 7 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOW shares. Had its price objective boosted by Wedbush from $190.00 to $200.00 in a note issued to investors on Thursday, The Fly reports. The firm currently has a “neutral” rating on the home improvement retailer’s stock.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Earnings for Lowe's Companies are expected to grow by 2.62% in the coming year, from $13.73 to $14.09 per share. In the past three months, Lowe's Companies insiders have not sold or bought any company stock. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.
About Lowe's Companies (NYSE:LOW) Stock
Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. The Dogs of The S&P 500 And Why To Invest In Them The Dogs of the S&P 500 is a little-known strategy for income investors that focuses on this year's weakest sectors to find the highest yields and low values. The P/E ratio of Lowe's Companies is 19.76, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.67. MarketBeat has tracked 43 news articles for Lowe's Companies this week, compared to 15 articles on an average week. Lowe's Companies pays a meaningful dividend of 2.08%, higher than the bottom 25% of all stocks that pay dividends.
Dana Telsey, Telsey Advisory Group CEO, and Matt Shay, National Retail Federation CEO, join CNBC's 'Squawk Box' to discuss retail and what to expect for Black Friday. In 2021, LOW's revenue was $96.25 billion, an increase of 7.43% compared to the previous year's $89.60 billion. Asset turnover ratio is 95.2% higher than the industry average of 1.02%. The stock has declined 27.8% in price year-to-date and 20.2% over the past year to close the last trading session at $186.63.
Company Profile LOW
This indicates that Lowe's Companies will be able to sustain or increase its dividend. Provide specific products and services to you, such as portfolio management or data aggregation. Lowe’s stock jumped on Tuesday after the home improvement retailer updated investors on its outlook and long-term growth plans. Stock jumped on Tuesday after the home improvement retailer updated investors on its outlook and long-term growth plans.
Style is calculated by combining value and growth scores, which are first individually calculated. Represents the company's profit divided by the outstanding shares of its common stock. D.A. Davison on Friday said stocks in the SPDR S&P Retail ETF XRT, +0.33% tend to underperform during the period from Black Friday to the end of the year.
Lowe's is the second-largest home improvement retailer in the world, operating 1,969 stores and servicing around 212 dealer-owned stores throughout the United States and Canada. The sale of the Canadian business is set to close at the beginning of 2023. The firm’s stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S.
Wide-moat Lowe’s offered a peek into its near- and long-term prognosis for the business at its Dec. 7 investor day that were largely in line with our existing forecasts. While 2023 is slated to see a sales decline to $90 billion from $97 billion in 2022 , this downtick includes the divestiture of the $6 billion revenue Canadian business. We plan to nudge our $96 billion 2023 sales forecast lower, but near Lowe’s robust market scenario outlook ($92 billion) given a solid opportunity set.
Its revenue for fiscal 2023 and 2024 is expected to increase 0.6% and 0.3% year-over-year to $96.83 billion and $97.16 billion, respectively. Dissecting the components of its competitive prowess, Lowe's has been able to capture economic rents from its brand, offering an important intangible asset. This is evidenced in consistent same-store sales growth, which has averaged 9% over the past five years . It is aggressively returning capital to shareholders in the form of share buybacks and dividend bumps. One share of LOW stock can currently be purchased for approximately $201.77.
The Lowe's 52-week high stock price is 263.31, which is 30.5% above the current share price. Gen Alpha has teamed up with Hoya Capital to launch the premier income-focused investing service on Seeking Alpha. Lowe's Companies' stock is owned by a variety of retail and institutional investors.
The company offers services to homeowners, renters and commercial business customers. Homeowners and renters principally include do-it-yourself customers and do-it-for-me customers who utilize the company’s installed sales programs. Commercial business customers consist of those who work in the construction, repair/remodel, commercial and residential property management, and business maintenance professions.
Crawford Investment Counsel Inc. now owns 12,308 shares of the home improvement retailer’s stock worth $2,489,000 after acquiring an additional 52 shares during the period. Institutional investors and hedge funds own 74.04% of the company’s stock. Lowe's Companies, Inc., together with its subsidiaries, operates as a home improvement retailer in the United States and internationally. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating.
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