Home Depot (HD) to Release Earnings on Tuesday

Key Points

• Home Depot is set to release its Q2 2026 earnings data on August 19th, with analysts expecting earnings of $4.71 per share and revenue of $45.43 billion.
• In its last earnings report, Home Depot posted a revenue increase of 9.4% year-over-year, although it missed the consensus EPS estimate, reporting $3.56 instead of the expected $3.59.
• The company's current dividend yield is 2.4%, with a recently declared quarterly dividend of $2.30 per share paid in June.

Home Depot (NYSE:HD - Get Free Report) will likely be announcing its Q2 2026 earnings results before the market opens on Tuesday, August 19th. Analysts expect the company to announce earnings of $4.71 per share and revenue of $45.43 billion for the quarter. Home Depot has set its FY 2025 guidance at 14.935-14.935 EPS.

Home Depot (NYSE:HD - Get Free Report) last announced its quarterly earnings data on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share for the quarter, missing the consensus estimate of $3.59 by ($0.03). Home Depot had a net margin of 8.98% and a return on equity of 242.51%. The business had revenue of $39.86 billion during the quarter, compared to analyst estimates of $39.24 billion. During the same quarter in the prior year, the company earned $3.63 earnings per share. The company's quarterly revenue was up 9.4% 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 Trading Down 0.3%

NYSE HD traded down $1.03 during trading hours on Friday, hitting $399.29. The company's stock had a trading volume of 3,840,292 shares, compared to its average volume of 3,118,386. The stock has a fifty day moving average of $370.47 and a 200 day moving average of $371.90. Home Depot has a twelve month low of $326.31 and a twelve month high of $439.37. The firm has a market capitalization of $397.26 billion, a P/E ratio of 27.09, a PEG ratio of 3.80 and a beta of 1.00. The company has a quick ratio of 0.28, a current ratio of 1.09 and a debt-to-equity ratio of 5.95.

Home Depot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 18th. Investors of record on Thursday, June 5th were issued a $2.30 dividend. This represents a $9.20 annualized dividend and a yield of 2.3%. The ex-dividend date was Thursday, June 5th. Home Depot's dividend payout ratio is currently 62.42%.

Insiders Place Their Bets

In other news, EVP Teresa Wynn Roseborough sold 5,406 shares of the firm's stock in a transaction dated Wednesday, May 28th. The shares were sold at an average price of $369.28, for a total transaction of $1,996,327.68. Following the completion of the sale, the executive vice president owned 17,367 shares in the company, valued at approximately $6,413,285.76. This trade represents a 23.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Fahim Siddiqui sold 2,600 shares of the firm's stock in a transaction dated Thursday, May 22nd. The stock was sold at an average price of $367.14, for a total transaction of $954,564.00. Following the sale, the executive vice president owned 7,951 shares of the company's stock, valued at approximately $2,919,130.14. This represents a 24.64% decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.10% of the company's stock.

Institutional Trading of Home Depot

A number of hedge funds have recently modified their holdings of the stock. California State Teachers Retirement System lifted its stake in shares of Home Depot by 0.3% during the 2nd quarter. California State Teachers Retirement System now owns 1,554,931 shares of the home improvement retailer's stock worth $570,100,000 after buying an additional 4,490 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of Home Depot by 16.1% during the 2nd quarter. Lazard Asset Management LLC now owns 1,220,640 shares of the home improvement retailer's stock worth $447,535,000 after buying an additional 168,889 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Home Depot by 99.3% during the 2nd quarter. AQR Capital Management LLC now owns 432,457 shares of the home improvement retailer's stock worth $158,556,000 after buying an additional 215,497 shares during the last quarter. MML Investors Services LLC increased its position in Home Depot by 1.8% during the second quarter. MML Investors Services LLC now owns 303,889 shares of the home improvement retailer's stock worth $111,418,000 after acquiring an additional 5,314 shares during the period. Finally, Rafferty Asset Management LLC increased its position in Home Depot by 18.9% during the second quarter. Rafferty Asset Management LLC now owns 111,679 shares of the home improvement retailer's stock worth $40,946,000 after acquiring an additional 17,749 shares during the period. Institutional investors and hedge funds own 70.86% of the company's stock.

Wall Street Analysts Forecast Growth

HD has been the subject of several research reports. Guggenheim reissued a "buy" rating and set a $450.00 price objective on shares of Home Depot in a research report on Wednesday, May 21st. JPMorgan Chase & Co. increased their price objective on shares of Home Depot from $410.00 to $418.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 21st. Mizuho lowered their price objective on shares of Home Depot from $450.00 to $435.00 and set an "outperform" rating for the company in a research report on Wednesday, May 21st. Jefferies Financial Group lowered their price objective on shares of Home Depot from $461.00 to $456.00 in a research report on Tuesday, May 20th. Finally, Stifel Nicolaus raised shares of Home Depot from a "hold" rating to a "buy" rating and increased their price objective for the stock from $405.00 to $425.00 in a research report on Wednesday, May 21st. Six investment analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Home Depot currently has an average rating of "Moderate Buy" and a consensus price target of $427.48.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.