KeyCorp Comments on Lowe’s Companies’ Q1 Earnings (NYSE:LOW)

Lowe’s Companies, Inc. (NYSE:LOW) – Stock analysts at KeyCorp issued their Q1 2026 EPS estimates for shares of Lowe’s Companies in a report issued on Thursday, April 24th. KeyCorp analyst B. Thomas forecasts that the home improvement retailer will post earnings per share of $2.90 for the quarter. KeyCorp currently has a “Overweight” rating and a $266.00 target price on the stock. The consensus estimate for Lowe’s Companies’ current full-year earnings is $11.90 per share. KeyCorp also issued estimates for Lowe’s Companies’ Q2 2026 earnings at $4.25 EPS, Q3 2026 earnings at $3.04 EPS, Q4 2026 earnings at $2.06 EPS, FY2026 earnings at $12.25 EPS and FY2027 earnings at $13.40 EPS.

Lowe’s Companies (NYSE:LOW) last announced its earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.10. The company had revenue of $18.55 billion for the quarter, compared to analyst estimates of $18.29 billion. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%.

A number of other research analysts have also recently commented on LOW. Truist Financial decreased their price target on Lowe’s Companies from $295.00 to $258.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. Mizuho cut their target price on shares of Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th. Royal Bank of Canada reduced their price target on Lowe’s Companies from $292.00 to $285.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 27th. DA Davidson restated a “neutral” rating and set a $270.00 price target on shares of Lowe’s Companies in a report on Wednesday, April 16th. Finally, Piper Sandler cut their price target on Lowe’s Companies from $296.00 to $269.00 and set an “overweight” rating on the stock in a report on Monday, March 24th. One analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $278.21.

Lowe’s Companies Stock Performance

LOW opened at $220.95 on Monday. The stock has a fifty day moving average of $229.29 and a 200-day moving average of $250.63. Lowe’s Companies has a fifty-two week low of $206.39 and a fifty-two week high of $287.01. The company has a market capitalization of $123.67 billion, a P/E ratio of 18.43, a P/E/G ratio of 1.96 and a beta of 1.07.

Hedge Funds Weigh In On Lowe’s Companies

A number of hedge funds and other institutional investors have recently made changes to their positions in LOW. FMR LLC lifted its stake in shares of Lowe’s Companies by 1.0% during the 4th quarter. FMR LLC now owns 26,270,496 shares of the home improvement retailer’s stock valued at $6,483,558,000 after buying an additional 259,766 shares in the last quarter. Geode Capital Management LLC boosted its stake in Lowe’s Companies by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 11,979,337 shares of the home improvement retailer’s stock worth $2,952,341,000 after purchasing an additional 245,876 shares during the period. Norges Bank bought a new stake in Lowe’s Companies during the 4th quarter worth approximately $1,842,954,000. Northern Trust Corp lifted its stake in Lowe’s Companies by 16.3% in the 4th quarter. Northern Trust Corp now owns 7,074,391 shares of the home improvement retailer’s stock worth $1,745,960,000 after purchasing an additional 993,833 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Lowe’s Companies by 6.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,035,630 shares of the home improvement retailer’s stock valued at $1,242,793,000 after purchasing an additional 323,371 shares during the period. 74.06% of the stock is owned by hedge funds and other institutional investors.

Lowe’s Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 2.08%. The ex-dividend date of this dividend is Wednesday, April 23rd. Lowe’s Companies’s dividend payout ratio is presently 37.67%.

Lowe’s Companies Company Profile

Lowe’s Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States. The company offers a line of products for construction, maintenance, repair, remodeling, and decorating. It also provides home improvement products, such as appliances, seasonal and outdoor living, lawn and garden, lumber, kitchens and bath, tools, paint, millwork, hardware, flooring, rough plumbing, building materials, décor, and electrical.