Home Depot (HD) Projected to Post Earnings on Tuesday

Home Depot (NYSE:HD - Get Free Report) is anticipated to announce its Q1 2026 earnings results before the market opens on Tuesday, May 20th. Analysts expect the company to announce earnings of $3.60 per share and revenue of $39.24 billion for the quarter. Home Depot has set its FY 2025 guidance at 14.940-14.940 EPS and its FY26 guidance at $14.94 EPS.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 earnings per share for the quarter, beating the consensus estimate of $3.04 by $0.09. The company had revenue of $39.70 billion for the quarter, compared to the consensus estimate of $39.15 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The company's revenue was up 14.1% on a year-over-year basis. During the same period last year, the business posted $2.82 EPS. 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 Price Performance

Shares of HD traded down $2.93 during mid-day trading on Tuesday, hitting $373.66. The company's stock had a trading volume of 2,726,021 shares, compared to its average volume of 3,437,271. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The firm has a 50-day simple moving average of $358.02 and a 200 day simple moving average of $388.50. The firm has a market capitalization of $371.43 billion, a P/E ratio of 25.38, a P/E/G ratio of 4.03 and a beta of 1.05. Home Depot has a 1-year low of $323.77 and a 1-year high of $439.37.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a yield of 2.46%. This is an increase from Home Depot's previous quarterly dividend of $2.25. The ex-dividend date was Thursday, March 13th. Home Depot's payout ratio is presently 61.66%.

Institutional Investors Weigh In On Home Depot

An institutional investor recently raised its position in Home Depot stock. Brighton Jones LLC grew its position in shares of The Home Depot, Inc. (NYSE:HD - Free Report) by 36.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,918 shares of the home improvement retailer's stock after buying an additional 7,203 shares during the period. Brighton Jones LLC's holdings in Home Depot were worth $10,471,000 as of its most recent SEC filing. 70.86% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on HD shares. Truist Financial boosted their target price on Home Depot from $391.00 to $393.00 and gave the stock a "buy" rating in a research report on Tuesday, May 6th. Royal Bank of Canada decreased their target price on Home Depot from $431.00 to $424.00 and set a "sector perform" rating on the stock in a research report on Wednesday, February 26th. Piper Sandler decreased their target price on Home Depot from $435.00 to $418.00 and set an "overweight" rating on the stock in a research report on Monday, March 24th. Hsbc Global Res upgraded Home Depot from a "moderate sell" rating to a "hold" rating in a research report on Wednesday, February 26th. Finally, Wells Fargo & Company reduced their price objective on Home Depot from $445.00 to $420.00 and set an "overweight" rating on the stock in a research report on Thursday, May 8th. Ten equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $430.32.

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.