Lowes stock has a market capitalization of over $130 billion, making it one of the largest home improvement retailers in the world.
Investors can access Lowes stock through various major stock exchanges, including the New York Stock Exchange (NYSE) and the NASDAQ.
Lowes has a strong financial performance, with a revenue growth rate of 4.5% in the past five years, outpacing the industry average.
The company's stock price has fluctuated between $80 and $120 per share over the past year, providing opportunities for investors to buy and sell.
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Lowes Stock Quote Analysis
Lowe's operates as a home improvement retailer in the United States, offering a wide range of products for construction, maintenance, and decorating.
The company has a strong position in the market due to its scale, private label brands, and vendor relationships, making it a well-positioned home improvement retailer.
Despite a recent revenue decline, Lowe's has a long-term outlook that's boosted by tailwinds like aging housing stock, home price appreciation, and rising disposable income.
Lowe's benefits from these long-term trends despite near-term challenges, positioning it well for future growth.
The company offers installation services through independent contractors, which can be a significant advantage for customers.
Some big retailers, including Lowe's, have recently lifted their outlooks, indicating a positive sentiment towards the end of the year.
Financial Performance
Lowe's Companies has reported a decrease in revenue of -11.01% in 2023, compared to the previous year's $97.06 billion.
Their earnings, however, saw an increase of 20.11% in 2023, reaching $7.71 billion.
The company's revenue for 2023 was $86.38 billion.
Here are the key financial metrics for Lowe's Companies in 2023:
This suggests that despite a decline in revenue, the company was able to improve its earnings significantly in 2023.
The company's financial performance is a crucial aspect to consider when evaluating its stock performance.
Lowe's Companies has a strong track record of improving its earnings over the years, which is a positive sign for investors.
Lowes Dividend and Shareholder Returns
Lowes Companies Inc. has a long history of paying dividends to its shareholders. Since 1999, the company has consistently paid out dividends every year, with the highest dividend paid in 2024 being $4.35 per share.
The dividend yield for Lowes Companies Inc. has varied over the years, ranging from 0.10% in 1999 to 1.98% in 2024. This means that for every dollar invested in Lowes stock, shareholders can expect to earn around 1.98 cents in dividend payments.
In terms of shareholder returns, Lowes has performed well compared to its industry peers. Over the past year, the company's share price has increased by 18.7%, outpacing the US Specialty Retail industry's return of 16.4%. However, Lowes underperformed the US Market, which returned 24.2% over the same period.
Here's a summary of Lowes dividend and shareholder returns over the past few years:
Note that the dividend yield and 1-year return are based on the data provided in the article section examples.
Lowes Competitors and Market Outlook
Some big retailers are feeling better about the end of the year, which is a positive sign for the market.
Lowe's is a market leader in home improvement, but it's not the only player in this space.
Home improvement retailers like Lowe's are well-positioned to succeed due to their scale and strong vendor relationships.
Despite a recent revenue decline, Lowe's has a competitive advantage with its private label brands.
Companies, Inc. Competitors
Lowe's Companies, Inc. has several competitors in the home improvement market.
Home Depot is a major competitor to Lowe's, offering a wide range of products for construction, maintenance, repair, remodeling, and decorating.
The home improvement market is expected to recover from its current slump by 2025, with Lowe's well-positioned to capture market share.
Lowe's has an average brokerage recommendation (ABR) of 1.78, indicating a strong buy rating from 34 brokerage firms.
The company's competitors, such as Home Depot, will likely face similar challenges and opportunities in the market.
Here are some key statistics about Lowe's competitors:
Lowe's has a strong position in the market, but its competitors will continue to pose a challenge.
The home improvement market is expected to recover, and Lowe's is well-positioned to capture market share, with an average 12-month stock price forecast of $282.23.
Price Volatility
Lowes' price volatility is a crucial aspect to consider when evaluating the company's market outlook. According to the data, Lowes' average weekly movement is 3.1%, which is relatively stable compared to the market average of 6.5% and the specialty retail industry average of 8.0%.
In the past 3 months, Lowes has not experienced significant price volatility compared to the US market. This suggests that the company's stock price has been relatively stable during this period.
Lowes' weekly volatility has been stable over the past year, with a movement of 3%. This is lower than the 10% most volatile stocks in the US market, which average 18.9% movement.
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In comparison to the least volatile stocks in the US market, which average 3.2% movement, Lowes' volatility is slightly higher. However, this is still a relatively stable figure, indicating that the company's stock price is not prone to sudden and drastic changes.
Here's a comparison of Lowes' volatility with the market and industry averages:
Investment Decision
Lowe's stock fell 4.6% on Tuesday, November 19th, to $259.
The company's performance is in contrast to the S&P 500 index, which grew by 0.4% on the same day.
Home Depot, a peer of Lowe's, has also been affected by recent market fluctuations.
Despite near-term challenges, Lowe's benefits from long-term tailwinds such as aging housing stock and rising disposable income.
These factors position Lowe's well for future growth, making it a promising investment opportunity.
Some big retailers, including Lowe's, are feeling better about the end of the year, with many lifting their outlooks.
This is a positive sign for the company's future performance and potential for investors.
Frequently Asked Questions
What is the highest Lowe's stock ever been?
The highest Lowe's stock closing price was $282.85 on October 16, 2024. This represents the all-time high value of Lowe's stock in its 39-year history.
Who is the largest shareholder of Lowes?
Vanguard is the largest shareholder of Lowe's, owning the most shares of the company.
What is the symbol for Lowes?
The stock symbol for Lowe's is LOW, representing Lowe's Companies Inc.
What stock is better, Home Depot or Lowes?
Home Depot is considered a better investment option due to its stronger financials, better margins, and higher dividend yield. It also has a larger market presence, giving it an advantage in economies of scale.
Has Lowe's stock split?
Yes, Lowe's stock has split a total of 5 times, with the most recent split occurring on July 3rd, 2006. This means that one share bought prior to June 29th, 1992 is equivalent to 32 shares today.
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