Q2 Earnings Estimate for Home Depot Issued By DA Davidson

The Home Depot, Inc. (NYSE:HD - Free Report) - Equities research analysts at DA Davidson issued their Q2 2026 earnings per share (EPS) estimates for shares of Home Depot in a report issued on Wednesday, May 21st. DA Davidson analyst M. Baker forecasts that the home improvement retailer will post earnings per share of $4.59 for the quarter. The consensus estimate for Home Depot's current full-year earnings is $15.13 per share. DA Davidson also issued estimates for Home Depot's FY2027 earnings at $16.83 EPS.

Home Depot (NYSE:HD - Get Free Report) last posted its quarterly earnings results 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 return on equity of 452.60% and a net margin of 9.45%. The business had revenue of $39.86 billion during the quarter, compared to analysts' expectations of $39.24 billion. During the same quarter in the prior year, the firm earned $3.63 EPS. The firm's revenue for the quarter was up 9.4% compared to the same quarter last year.

Other analysts have also issued research reports about the company. HSBC raised Home Depot from a "reduce" rating to a "hold" rating and boosted their price target for the company from $356.00 to $410.00 in a 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. Royal Bank of Canada decreased their price objective on Home Depot from $424.00 to $399.00 and set a "sector perform" rating on the stock in a research report on Thursday, May 15th. Finally, Stifel Nicolaus upgraded Home Depot from a "hold" rating to a "buy" rating and increased their price target for the stock from $405.00 to $425.00 in a report on Wednesday. Eight research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $426.77.

Home Depot Stock Performance

Shares of HD traded down $2.96 during trading hours on Thursday, hitting $363.17. The stock had a trading volume of 3,114,029 shares, compared to its average volume of 3,431,641. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. Home Depot has a 12 month low of $323.77 and a 12 month high of $439.37. The firm has a market capitalization of $361.00 billion, a PE ratio of 24.67, a PEG ratio of 4.03 and a beta of 1.05. The stock has a fifty day moving average price of $359.90 and a 200 day moving average price of $387.19.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Synergy Asset Management LLC acquired a new stake in Home Depot in the fourth quarter valued at $26,000. Wingate Wealth Advisors Inc. bought a new position in Home Depot during the fourth quarter worth about $28,000. Navigoe LLC bought a new position in Home Depot in the 4th quarter valued at about $29,000. Abound Financial LLC bought a new position in Home Depot in the 1st quarter valued at about $31,000. Finally, Bradley & Co. Private Wealth Management LLC bought a new position in Home Depot in the 4th quarter valued at about $32,000. Institutional investors and hedge funds own 70.86% of the company's stock.

Home Depot Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Thursday, June 5th will be paid a $2.30 dividend. This represents a $9.20 annualized dividend and a yield of 2.53%. The ex-dividend date is Thursday, June 5th. Home Depot's payout ratio is presently 62.42%.

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.