LOW - Lowe's Companies, Inc.

NYSE - NYSE Delayed Price. Currency in USD
92.11
+2.63 (+2.94%)
At close: 4:02PM EST
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Previous Close89.48
Open89.99
Bid83.01 x 1000
Ask93.98 x 1200
Day's Range87.67 - 93.74
52 Week Range81.16 - 117.70
Volume10,837,472
Avg. Volume5,218,792
Market Cap73.96B
Beta (3Y Monthly)2.03
PE Ratio (TTM)20.53
EPS (TTM)4.49
Earnings DateFeb 27, 2019
Forward Dividend & Yield1.92 (2.11%)
Ex-Dividend Date2019-01-22
1y Target Est110.57
Trade prices are not sourced from all markets
  • Stocks leap with signs of trade talk
    Yahoo Finance18 hours ago

    Stocks leap with signs of trade talk

    Yahoo Finance's LIVE market coverage and analysis, beginning each day at 11:30 a.m. ET.

  • The Wall Street Journal10 hours ago

    [$$] Lowe’s Adds $10 Billion to Stock Buyback Program

    Lowe’s Cos. plans to increase its share buyback program by $10 billion, as the home-improvement retailer looks to turn investor sentiment and prove to Wall Street its business and growth plans are on solid footing. The $10 billion would be added to the $4.5 billion available as of Nov. 2 for buying back shares, Lowe’s said Wednesday at an investor conference. The announcement prompted S&P Global Ratings to cut Lowe’s credit rating to triple-B plus from A-minus, citing a less conservative financial policy from the retailer to raise shareholder returns.

  • Moody's13 hours ago

    Lowe's Companies Canada, ULC -- Moody's downgrades Lowe's unsecured ratings to Baa1; P-2 commercial paper rating affirmed

    Moody's Investors Service ("Moody's") today downgraded the senior unsecured ratings of Lowe's Companies, Inc. and Lowe's Companies Canada, ULC ("Lowes") to Baa1 from A3. In addition, Moody's affirmed Lowe's Companies, Inc.'s Prime-2 short-term commercial paper rating. The rating actions follow Lowes recent announcement that it intends to materially increase its return to shareholders and raise its targeted leverage ratio to 2.75x from 2.25x at a time when it continues to experience operational challenges.

  • Lowe's talks big plans for IT hiring, new fulfillment center out West
    American City Business Journals15 hours ago

    Lowe's talks big plans for IT hiring, new fulfillment center out West

    Marvin Ellison and his staff of seven C-level Lowe's executives outlined a long list of changes and improvements planned for Lowe’s during an analysts and investors conference Wednesday at the Mooresville headquarters.

  • Lowe’s Stock Rises on New $10 Billion Repurchase Program
    Market Realist16 hours ago

    Lowe’s Stock Rises on New $10 Billion Repurchase Program

    Today, during its annual meeting with investors, Lowe’s Company (LOW) reiterated the guidance for 2018 that it had provided in its third-quarter earnings release on November 20. The company also provided guidance for 2019 and announced a new share repurchase program of $10 billion with no expiration date. The new buyback program is an addition to the company’s existing program, which had a balance of $4.5 billion as of November 2.

  • TheStreet.com16 hours ago

    Lowe's Jumps on Announcement of $10 Billion Stock Buyback Plan

    jumped 4% Wednesday after the company reiterated its 2018 financial forecast and said its board approved a $10 billion stock buyback plan. Lowe's, which has been on a cost-cutting spree and has shut underperforming stores, was meeting with analysts and investors in its hometown of Mooresville, North Carolina on Wednesday. "We have substantially completed a detailed reassessment of our business and are diligently implementing process and technology improvements that are rooted in the fundamentals of retail and designed to position Lowe's to win in today's complex retail environment," said Lowe's President and CEO Marvin R. Ellison.

  • Reuters17 hours ago

    Lowe's to buy back $10 billion shares, reiterates 2018 forecast

    Lowe's has been shutting underperforming stores and cutting back on slow-moving inventory, an attempt by new Chief Executive Officer Marvin Ellison to address investor concerns over its inability to compete with Home Depot Inc. The company's share buyback plan is in addition to the $4.5 billion remaining as part of its previous repurchase program. Lowe's retained its 2018 forecast sales growth of about 4 percent, while analysts were expecting a 4.11 percent rise.

  • Reuters18 hours ago

    Lowe's forecasts lower-than-expected comparable store sales growth in 2019

    U.S. home improvement chain Lowe's Cos Inc on Wednesday forecast comparable store sales for fiscal year 2019 that fell short of Wall Street expectations. It expects comparable store sales growth of about ...

  • CNBC18 hours ago

    Lowe's shares rise as retailer announces $10 billion stock buyback, 2019 forecast

    Lowe's reiterates its prior earnings forecast for fiscal 2018, and says earnings per share will rise to a range of $6.00 and $6.10 for fiscal 2019, compared with analysts' expectations for $5.90.

  • Lowe's Outlines Areas of Strategic Focus at 2018 Analyst and Investor Conference
    PR Newswire18 hours ago

    Lowe's Outlines Areas of Strategic Focus at 2018 Analyst and Investor Conference

    MOORESVILLE, N.C., Dec. 12, 2018 /PRNewswire/ -- Lowe's Companies, Inc. (LOW) is meeting today with analysts and investors in Mooresville, North Carolina to discuss its strategic priorities and near- and long-term financial targets.

  • These Lowe’s stores are closing in the next three months
    MarketWatch22 hours ago

    These Lowe’s stores are closing in the next three months

    Lowe’s says it will close 47 underperforming stores and 4 other locations, including 20 stores in the U.S., as part of its plan to focus on its most profitable stores.

  • Financial Timesyesterday

    [$$] Lowe’s announces $10bn share buyback

    The US home-improvement retailer forecast adjusted earnings per share of $6 to $6.10 for the fiscal year ending on January 31, 2020. Lowe’s also said it sees total sales increasing 2 per cent in fiscal 2019, lower than the 2.4 per cent growth expected by analysts. Lowe’s affirmed its 2018 full-year guidance, which it cut in November after posting a sharp decline in third-quarter earnings.

  • InvestorPlace2 days ago

    Is Home Depot Stock the Best Housing Play?

    Housing worries finally have hit Home Depot (NYSE:HD). Since then, however, Home Depot stock has fallen nearly 20% as investors worry that even the industry’s leader isn’t immune to the slowdown. Home Depot, meanwhile, is the easiest and potentially best play on renovation spend.

  • PHOTOS: Execs talk labor force, recession at Charlotte Regional Business Alliance conference
    American City Business Journals3 days ago

    PHOTOS: Execs talk labor force, recession at Charlotte Regional Business Alliance conference

    Charlotte and the greater North Carolina economy saw steady growth in 2018, but changes are looming as the labor force tightens and economic growth slows.