Home Depot (HD) Expected to Announce Earnings on Tuesday

Key Points

• Home Depot is expected to report Q2 2026 results before the market opens on Tuesday, August 18. Analysts forecast earnings of $4.73 per share on $47.26 billion in revenue, while the company’s fiscal 2026 EPS guidance is $14.69–$15.28.
• In its latest quarter, Home Depot reported $3.43 EPS and $41.77 billion in revenue, exceeding analyst estimates, with revenue up 4.8% year over year.
• Analyst sentiment remains positive but mixed on valuation: 18 analysts rate the stock a Buy, 13 a Hold and one a Sell, producing a “Moderate Buy” consensus and an average price target of $371.71.

Home Depot (NYSE:HD - Get Free Report) is projected to release its Q2 2026 results before the market opens on Tuesday, August 18th. Analysts expect the company to post earnings of $4.73 per share and revenue of $47.2622 billion for the quarter. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Parties can find conference call details on the company's upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, August 18, 2026 at 9:00 AM ET.

Home Depot (NYSE:HD - Get Free Report) last released its quarterly earnings data on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping the consensus estimate of $3.41 by $0.02. Home Depot had a return on equity of 117.24% and a net margin of 8.41%.The firm had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter in the previous year, the business earned $3.56 earnings per share. The company's quarterly revenue was up 4.8% on a year-over-year basis. On average, analysts expect Home Depot to post $15 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Home Depot Stock Performance

Shares of HD stock opened at $350.23 on Tuesday. The company has a market capitalization of $349.22 billion, a P/E ratio of 24.87, a PEG ratio of 4.11 and a beta of 0.95. Home Depot has a fifty-two week low of $289.10 and a fifty-two week high of $426.75. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The stock has a 50 day moving average price of $336.54 and a two-hundred day moving average price of $342.65.

Home Depot Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $2.33 dividend. This represents a $9.32 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot's payout ratio is presently 66.19%.

Analyst Ratings Changes

HD has been the subject of several analyst reports. Argus dropped their price target on shares of Home Depot from $425.00 to $400.00 and set a "buy" rating for the company in a research report on Thursday, May 21st. Wells Fargo & Company decreased their price objective on shares of Home Depot from $375.00 to $360.00 and set an "overweight" rating on the stock in a research report on Wednesday, May 20th. DA Davidson reaffirmed a "buy" rating and set a $377.00 price objective on shares of Home Depot in a research note on Monday, July 27th. Piper Sandler dropped their target price on shares of Home Depot from $422.00 to $421.00 and set an "overweight" rating for the company in a report on Wednesday, May 20th. Finally, Stifel Nicolaus dropped their target price on shares of Home Depot from $375.00 to $320.00 and set a "hold" rating for the company in a report on Monday, May 18th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Home Depot has an average rating of "Moderate Buy" and an average target price of $371.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Advocate Investing Services LLC bought a new stake in shares of Home Depot during the fourth quarter valued at approximately $25,000. Parvin Asset Management LLC raised its holdings in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer's stock worth $26,000 after purchasing an additional 33 shares in the last quarter. Imprint Wealth LLC purchased a new position in Home Depot during the third quarter valued at $34,000. Triumph Capital Management purchased a new position in Home Depot during the third quarter valued at $40,000. Finally, Binnacle Investments Inc boosted its holdings in shares of Home Depot by 28.8% during the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer's stock valued at $52,000 after buying an additional 32 shares in the last quarter. Hedge funds and other institutional investors own 70.86% of the company's stock.

Home Depot Company Profile

The Home Depot, Inc NYSE: HD is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot's core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.

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