Lowe's (LOW) is down about 25% over the past year, recently hitting a 52-week low of $199. Q2 earnings were actually fine with sales up 8% to $26B and an EPS beat of $4.40. The drop is mainly because management trimmed their full-year guidance to the low end of their sales range and lowered adjusted EPS expectations to $12.25. High mortgage rates and inflation are slowing down DIY projects. At this price, the valuation is looking reasonable. Forward P/E is around 16 with a 2.45% dividend yield. Pro and digital sales are still growing, so the core business is intact. Analysts still have an average price target of $253. It looks like a decent setup for long-term dividend investors, but it might take a while to recover since there is no immediate catalyst for growth.