Lowe's Stock: Undervalued Dividend Play | Business and Finance News

Lowe’s is shaping up as a compelling buy ahead of its Q2 earnings on August 19—its P/E ratio is at a multi-year low, and the dividend just hit $1.25/share with a 2.28% yield, backed by a 55-year streak of growth. Analysts expect $26.2B in revenue and $4.24 EPS, slightly down from last year due to acquisition costs, but watch for comparable-store sales to hit or exceed flat-to-2% growth—that could spark a stock rally. Online sales are also surging. While Lowe’s shines, investors might want to explore other top picks for bigger long-term upside. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/417c7eeda101158c