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

Lowe’s Companies, Inc. (NYSE:LOW) – Equities researchers at KeyCorp issued their Q1 2026 earnings estimates for Lowe’s Companies in a research note issued to investors on Thursday, April 24th. KeyCorp analyst B. Thomas anticipates that the home improvement retailer will earn $2.90 per share 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 issued its quarterly earnings results on Wednesday, February 26th. The home improvement retailer reported $1.93 EPS for the quarter, beating the consensus estimate of $1.83 by $0.10. Lowe’s Companies had a negative return on equity of 47.55% and a net margin of 8.19%. The firm had revenue of $18.55 billion during the quarter, compared to analysts’ expectations of $18.29 billion.

A number of other research firms have also recently weighed in on LOW. Mizuho lowered their price target on shares of Lowe’s Companies from $305.00 to $300.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. Telsey Advisory Group reiterated an “outperform” rating and issued a $305.00 target price on shares of Lowe’s Companies in a research report on Tuesday, April 15th. Truist Financial reduced their price target on Lowe’s Companies from $295.00 to $258.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. DA Davidson reiterated a “neutral” rating and set a $270.00 target price on shares of Lowe’s Companies in a research report on Wednesday, April 16th. Finally, Piper Sandler dropped their price target on shares of Lowe’s Companies from $296.00 to $269.00 and set an “overweight” rating for the company in a research note on Monday, March 24th. One analyst has rated the stock with a sell rating, nine have given a hold rating and sixteen have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $278.21.

Lowe’s Companies Stock Up 1.0 %

LOW stock opened at $223.36 on Monday. The company has a market cap of $125.02 billion, a PE ratio of 18.63, a price-to-earnings-growth ratio of 1.96 and a beta of 1.07. Lowe’s Companies has a 52 week low of $206.39 and a 52 week high of $287.01. The business has a 50-day simple moving average of $228.32 and a 200 day simple moving average of $250.06.

Lowe’s Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 23rd will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 2.06%. The ex-dividend date of this dividend is Wednesday, April 23rd. Lowe’s Companies’s dividend payout ratio (DPR) is presently 37.67%.

Institutional Investors Weigh In On Lowe’s Companies

A number of institutional investors have recently added to or reduced their stakes in LOW. Norges Bank acquired a new stake in Lowe’s Companies in the fourth quarter valued at $1,842,954,000. Kovitz Investment Group Partners LLC grew its stake in Lowe’s Companies by 350.2% in the 4th quarter. Kovitz Investment Group Partners LLC now owns 2,373,460 shares of the home improvement retailer’s stock valued at $585,770,000 after acquiring an additional 1,846,315 shares during the last quarter. GAMMA Investing LLC increased its holdings in Lowe’s Companies by 26,796.0% during the 1st quarter. GAMMA Investing LLC now owns 1,657,332 shares of the home improvement retailer’s stock valued at $386,540,000 after acquiring an additional 1,651,170 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Lowe’s Companies during the fourth quarter worth about $314,435,000. Finally, Strategic Financial Concepts LLC lifted its holdings in shares of Lowe’s Companies by 24,531.0% in the fourth quarter. Strategic Financial Concepts LLC now owns 1,228,102 shares of the home improvement retailer’s stock valued at $303,096,000 after purchasing an additional 1,223,116 shares in the last quarter. Hedge funds and other institutional investors own 74.06% of the company’s stock.

About Lowe’s Companies

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.