Lowe's Cos. (LOW) on Watch Following Strong Q1 Numbers, Boosted Outlook from Home Depot (HD)

Go back to Lowe's Cos. (LOW) on Watch Following Strong Q1 Numbers, Boosted Outlook from Home Depot (HD)

Home Depot (HD) Declares $0.69 Quarterly Dividend; 2.1% Yield

May 19, 2016 4:31 PM EDT

Home Depot (NYSE: HD) declared a quarterly dividend of $0.69 per share, or $2.76 annualized.

The dividend will be payable on June 16, 2016, to stockholders of record on June 2, 2016, with an ex-dividend date of May 31, 2016.

The annual yield on the dividend is 2.1... More

UBS Raises Price Target on Lowe's Cos. (LOW) to $88 Following 1Q; Reiterates Buy

May 19, 2016 9:30 AM EDT

UBS maintained a Buy rating on Lowe's Cos. (NYSE: LOW), and raised the price target to $88.00 (from $86.00),following the company's 1Q earnings report.

Analyst Michael Lasser commented, "There was a lot to like about LOW's 1Q. Its 1Q'16 comp of 7.2% exceeded our 4.5%... More

UBS Reiterates Buy on Home Depot (HD) Following 1Q EPS Beat

May 18, 2016 8:08 AM EDT

UBS reiterated a Buy rating and $150.00 price target on Home Depot (NYSE: HD) following the company's 1Q earnings report. HD reported EPS of $1.44, ahead of the consensus estimate of $1.35. The company raised FY16 EPS guidance to $6.27 (from $6.12-$6.18).

Analyst Michael Lasser commented, "We think HD's 1Q... More