Latest news with #Lowe'sCompanies
Yahoo
3 days ago
- Business
- Yahoo
Is Lowe's Dividend Growth Sustainable?
Lowe's Companies, Inc. (NYSE:LOW) is one of Best Dividend Stocks to Buy for Dependable Dividend Growth. Since going public in 1961, the company has paid regular dividends to shareholders and has raised its dividend for 60 consecutive years. In addition, it has boosted the payout by an average of over 16% over the past five years. A family excitedly browsing through the aisles of a home improvement retail store. Investors worried about a housing slowdown may find reassurance in tight inventory, which often leads homeowners to invest in upgrades. While short-term renovation spending may fluctuate, demand tends to recover over time. Despite economic concerns, long-term trends in home improvement remain strong. As confidence returns, Lowe's Companies, Inc. (NYSE:LOW) is well-positioned to benefit, given its history of growth in this space. Lowe's Companies, Inc. (NYSE:LOW) currently offers a quarterly dividend of $1.20 per share and has a dividend yield of 2.27%, as of June 17. While we acknowledge the potential of LOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Is Lowe's Dividend Growth Sustainable?
Lowe's Companies, Inc. (NYSE:LOW) is one of Best Dividend Stocks to Buy for Dependable Dividend Growth. Since going public in 1961, the company has paid regular dividends to shareholders and has raised its dividend for 60 consecutive years. In addition, it has boosted the payout by an average of over 16% over the past five years. A family excitedly browsing through the aisles of a home improvement retail store. Investors worried about a housing slowdown may find reassurance in tight inventory, which often leads homeowners to invest in upgrades. While short-term renovation spending may fluctuate, demand tends to recover over time. Despite economic concerns, long-term trends in home improvement remain strong. As confidence returns, Lowe's Companies, Inc. (NYSE:LOW) is well-positioned to benefit, given its history of growth in this space. Lowe's Companies, Inc. (NYSE:LOW) currently offers a quarterly dividend of $1.20 per share and has a dividend yield of 2.27%, as of June 17. While we acknowledge the potential of LOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Lowe's Companies (NYSE:LOW) Is Increasing Its Dividend To $1.20
Lowe's Companies, Inc. (NYSE:LOW) will increase its dividend from last year's comparable payment on the 6th of August to $1.20. This makes the dividend yield about the same as the industry average at 2.2%. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. However, Lowe's Companies' earnings easily cover the dividend. This means that most of its earnings are being retained to grow the business. Looking forward, earnings per share is forecast to rise by 24.9% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 35%, which is in the range that makes us comfortable with the sustainability of the dividend. See our latest analysis for Lowe's Companies The company has an extended history of paying stable dividends. The dividend has gone from an annual total of $0.92 in 2015 to the most recent total annual payment of $4.80. This works out to be a compound annual growth rate (CAGR) of approximately 18% a year over that time. Rapidly growing dividends for a long time is a very valuable feature for an income stock. The company's investors will be pleased to have been receiving dividend income for some time. Lowe's Companies has seen EPS rising for the last five years, at 15% per annum. Lowe's Companies definitely has the potential to grow its dividend in the future with earnings on an uptrend and a low payout ratio. Overall, we think this could be an attractive income stock, and it is only getting better by paying a higher dividend this year. The company is easily earning enough to cover its dividend payments and it is great to see that these earnings are being translated into cash flow. All in all, this checks a lot of the boxes we look for when choosing an income stock. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. For example, we've identified 2 warning signs for Lowe's Companies (1 is potentially serious!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
Lowe's Plans New Store Openings in Two States This Year
Lowe's Companies, Inc. (NYSE:LOW) is one of the best stocks for a . The company is planning to open between five and ten new stores in 2025, as part of a broader growth strategy that could lead to dozens of new locations in the coming years. This updated outlook differs from the company's December 2024 announcement, when it aimed to open 10 to 15 stores annually. A spokesperson explained that the revised figure reflects the time needed to "ramp up" expansion efforts. So far in 2025, the North Carolina-based retailer has launched two new stores in Texas and reopened one in North Carolina that had been closed due to damage from Hurricane Helene, the spokesperson told USA TODAY. Additional openings are expected later this year in Texas and Arizona. Beginning in 2026, Lowe's Companies, Inc. (NYSE:LOW) plans to return to its original goal of opening 10 to 15 stores annually. Lowe's Companies, Inc. (NYSE:LOW) is a home improvement retailer that serves both individual customers and professionals, offering a broad selection of products and services. Its offerings include everything from tools and building materials to appliances, furniture, and home decor. In addition, the company provides services such as key cutting, recycling, and price matching. LOW has surged by nearly 1.5% in the past 12 months. While we acknowledge the potential of LOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.
Yahoo
09-06-2025
- Business
- Yahoo
Lowe's Companies, Inc. (LOW): A Bull Case Theory
We came across a bullish thesis on Lowe's Companies, Inc. (LOW) on Rijnberk InvestInsights' Substack. In this article, we will summarize the bulls' thesis on LOW. Lowe's Companies, Inc. (LOW)'s share was trading at $225.73 as of 30th May. LOW's trailing and forward P/E were 18.67 and 18.42 respectively according to Yahoo Finance. Home improvement tools Last week, Lowe's Companies reported fiscal Q1 earnings that failed to excite Wall Street, causing shares to drop about 2% the following day and roughly 1% over the week. While Lowe's reaffirmed its FY25 guidance alongside its larger rival Home Depot, the results underscored ongoing consumer spending weakness, raising concerns about a possible economic slowdown or shallow recession that could extend into 2026. Given Lowe's heavy reliance on discretionary consumer spending, this cautious outlook weighed on investor sentiment, leaving shares nearly flat over the past year despite some earlier gains following Home Depot's solid report. However, beneath the short-term headwinds, Lowe's continues to make meaningful progress in strengthening its business for long-term growth. The company's aggressive push into the professional 'Pro' market, traditionally dominated by Home Depot, has yielded market share gains in a valuable segment, while investments in its technology and online platforms have driven sales growth. These strategic moves position Lowe's to outperform the broader market over time under its current management. The home improvement sector, though cyclical and sensitive to economic shifts, benefits from secular trends such as increasing homeowner investments in renovations, driven by rising home values, personalization desires, and lifestyle changes like remote work. With over half of U.S. homes built before 1980, demand for upgrades and repairs remains strong, supporting an industry growth rate expected to reach 5.2% CAGR through 2032. Despite near-term uncertainties and the need for valuation discipline, Lowe's robust market position and moat underpin a bullish long-term outlook, making it an attractive investment when priced appropriately. Lowe's Companies, Inc. (LOW) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 68 hedge fund portfolios held LOW at the end of the first quarter which was 70 in the previous quarter. While we acknowledge the risk and potential of LOW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
