How To Earn $500 A Month From Lowe's Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Lowe's Companies, Inc. (NYSE:LOW) is set to release its Q2 earnings report on Aug. 20, with expected earnings of $3.97 per share, down from $4.56 last year. The company projects quarterly revenue of $23.91 billion. Lowe's offers a 1.91% annual dividend yield, translating to $1.15 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $314,460 is needed. Analyst Joseph Feldman maintains a Market Perform rating with a $230 price target.
August 19, 2024 | 12:24 pm
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Lowe's is set to release its Q2 earnings with expected EPS of $3.97, down from last year. The company offers a 1.91% dividend yield. Analyst maintains a Market Perform rating with a $230 price target.
The upcoming earnings report and dividend yield are significant for investors. The expected decrease in EPS might concern some, but the stable dividend yield offers income potential. The analyst's Market Perform rating and price target suggest a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100