Zacks Research Issues Negative Forecast for LOW Earnings

Lowe’s Companies, Inc. (NYSE:LOW) – Investment analysts at Zacks Research cut their Q3 2027 earnings per share (EPS) estimates for shares of Lowe’s Companies in a research note issued on Tuesday, September 1st. Zacks Research analyst Team now anticipates that the home improvement retailer will post earnings of $2.85 per share for the quarter, down from their previous estimate of $3.12. The consensus estimate for Lowe’s Companies’ current full-year earnings is $12.26 per share. Zacks Research also issued estimates for Lowe’s Companies’ Q4 2027 earnings at $1.97 EPS, Q1 2028 earnings at $3.15 EPS, Q2 2028 earnings at $4.56 EPS, Q3 2028 earnings at $3.12 EPS, Q4 2028 earnings at $2.11 EPS, FY2028 earnings at $12.94 EPS, Q1 2029 earnings at $3.37 EPS, Q2 2029 earnings at $4.89 EPS and FY2029 earnings at $13.90 EPS.

Lowe’s Companies (NYSE:LOW) last announced its quarterly earnings results on Wednesday, August 19th. The home improvement retailer reported $4.40 EPS for the quarter, beating analysts’ consensus estimates of $4.22 by $0.18. The company had revenue of $25.96 billion during the quarter, compared to analysts’ expectations of $26.13 billion. Lowe’s Companies had a negative return on equity of 75.67% and a net margin of 7.34%.Lowe’s Companies’s revenue was up 8.3% on a year-over-year basis. During the same period in the prior year, the business posted $4.33 EPS. Lowe’s Companies has set its FY 2026 guidance at 12.250-12.250 EPS.

Several other equities research analysts have also weighed in on the stock. William Blair started coverage on shares of Lowe’s Companies in a report on Tuesday, May 12th. They issued an “overweight” rating on the stock. Telsey Advisory Group decreased their price target on shares of Lowe’s Companies from $280.00 to $260.00 and set an “outperform” rating for the company in a report on Thursday, August 20th. Gordon Haskett lowered their price objective on shares of Lowe’s Companies from $280.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, May 21st. Sanford C. Bernstein lowered their price objective on shares of Lowe’s Companies from $303.00 to $281.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Finally, Craig Hallum raised Lowe’s Companies to a “buy” rating in a research note on Tuesday, May 12th. Twenty-three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $258.53.

Lowe’s Companies Price Performance

Lowe’s Companies stock opened at $200.08 on Wednesday. The firm has a market capitalization of $112.25 billion, a price-to-earnings ratio of 16.91, a PEG ratio of 2.72 and a beta of 0.85. The company’s 50 day simple moving average is $214.63 and its 200 day simple moving average is $229.29. Lowe’s Companies has a fifty-two week low of $199.39 and a fifty-two week high of $293.06.

Lowe’s Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 4th. Shareholders of record on Wednesday, October 21st will be paid a $1.25 dividend. The ex-dividend date is Wednesday, October 21st. This represents a $5.00 annualized dividend and a yield of 2.5%. Lowe’s Companies’s payout ratio is presently 42.27%.

Insider Buying and Selling at Lowe’s Companies

In other Lowe’s Companies news, EVP Janice Dupre sold 14,150 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $221.90, for a total transaction of $3,139,885.00. Following the completion of the transaction, the executive vice president owned 39,785 shares of the company’s stock, valued at $8,828,291.50. This represents a 26.24% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Juliette Williams Pryor sold 9,330 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $224.81, for a total value of $2,097,477.30. Following the transaction, the executive vice president directly owned 16,142 shares of the company’s stock, valued at approximately $3,628,883.02. This trade represents a 36.63% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 25,980 shares of company stock worth $5,796,937. Corporate insiders own 0.29% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in LOW. Brown Lisle Cummings Inc. grew its position in Lowe’s Companies by 8.2% in the second quarter. Brown Lisle Cummings Inc. now owns 1,528 shares of the home improvement retailer’s stock valued at $337,000 after purchasing an additional 116 shares in the last quarter. Principia Wealth Advisory LLC increased its stake in Lowe’s Companies by 15.1% in the 2nd quarter. Principia Wealth Advisory LLC now owns 642 shares of the home improvement retailer’s stock valued at $142,000 after buying an additional 84 shares during the last quarter. Amundi lifted its position in Lowe’s Companies by 57.3% during the 2nd quarter. Amundi now owns 2,892,868 shares of the home improvement retailer’s stock worth $637,848,000 after buying an additional 1,053,237 shares in the last quarter. California State Teachers Retirement System lifted its position in Lowe’s Companies by 21,712.9% during the 2nd quarter. California State Teachers Retirement System now owns 182,933,056 shares of the home improvement retailer’s stock worth $40,334,910,000 after buying an additional 182,094,408 shares in the last quarter. Finally, Tanager Wealth Management LLP boosted its stake in shares of Lowe’s Companies by 6.9% during the 2nd quarter. Tanager Wealth Management LLP now owns 1,804 shares of the home improvement retailer’s stock worth $398,000 after buying an additional 116 shares during the last quarter. Institutional investors and hedge funds own 74.06% of the company’s stock.

Key Lowe’s Companies News

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

• Positive Sentiment: Lowe’s Foundation launched a coalition involving Nvidia, General Motors and more than 75 partners to train and certify 1 million skilled-trades workers by 2035. The initiative could strengthen Lowe’s relationships with professional customers and support future demand for tools and building materials. Lowe’s launches major effort to help close America’s skilled trades gap
• Positive Sentiment: Analysts continue to view growth in Lowe’s Pro, digital and Home Services operations as a potential long-term driver, potentially supporting the company’s valuation if these businesses can offset softer consumer DIY spending. Can Lowe’s Pro Growth Justify Its Valuation Despite DIY Weakness?
• Neutral Sentiment: Zacks Research made several small, mixed adjustments to distant-period forecasts: Q2 2028 and Q2 2029 estimates rose slightly, while estimates for other 2027–2029 quarters and full-year 2028 declined. Its FY2028 forecast is now $12.94 per share and FY2029 is $13.90.
• Negative Sentiment: Lowe’s reduced its fiscal 2026 outlook as weak DIY demand and housing-market pressure challenge gains from Pro, Online and Home Services. The outlook reduction is the clearest near-term reason for investor caution. Lowe’s Cuts 2026 Outlook as DIY Pressure Tests Its Growth Engines
• Negative Sentiment: Zacks lowered its FY2028 EPS forecast from $13.60 to $12.94 and its FY2029 forecast from $14.62 to $13.90. It also cut several quarterly estimates, including Q3 2027, Q4 2027, Q1 2028, Q3 2028 and Q4 2028, signaling expectations for more restrained earnings growth.

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.