Home Depot (HD) Set to Post Earnings on Tuesday

Key Points

• Home Depot reports Q3 2026 results before market open on Nov. 17. Analysts forecast earnings of $3.83 per share on $42.79 billion in revenue; the company’s FY2026 EPS guidance is $14.69–$15.28.
• In its most recent reported quarter, Home Depot earned $4.92 per share, beating estimates of $4.73, while revenue rose 5.7% year over year to $47.86 billion.
• Analysts give the stock a consensus “Moderate Buy” rating and a $375.45 average price target, though housing weakness, costly debt and valuation are cited as risks.

Home Depot (NYSE:HD - Get Free Report) is expected to be posting its Q3 2026 results before the market opens on Tuesday, November 17th. Analysts expect the company to post earnings of $3.83 per share and revenue of $42.79 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 Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, November 17, 2026 at 9:00 AM ET.

Home Depot (NYSE:HD - Get Free Report) last announced its earnings results on Tuesday, August 18th. The home improvement retailer reported $4.92 earnings per share for the quarter, beating the consensus estimate of $4.73 by $0.19. The business had revenue of $47.86 billion during the quarter, compared to analysts' expectations of $47.24 billion. Home Depot had a return on equity of 106.42% and a net margin of 8.41%. The company's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the business posted $4.68 earnings per share. On average, analysts expect Home Depot to post $15.01 EPS for the current fiscal year and $15.99 EPS for the next fiscal year.

Home Depot Price Performance

NYSE:HD opened at $353.77 on Tuesday. The business's 50-day moving average price is $309.90 and its 200 day moving average price is $333.92. The firm has a market cap of $352.95 billion, a P/E ratio of 24.76, a PEG ratio of 2.53 and a beta of 0.93. Home Depot has a 52-week low of $277.15 and a 52-week high of $397.63. The company has a quick ratio of 0.31, a current ratio of 1.08 and a debt-to-equity ratio of 2.64.

Home Depot Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd were issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, September 3rd. Home Depot's dividend payout ratio is presently 65.22%.

Key Headlines Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: JPMorgan raised its price target to $400 from $396 and maintained an “overweight” rating, implying potential upside from the share price cited in the report. JPMorgan rating information
• Positive Sentiment: HD rose in the latest trading session and outperformed the broader market, according to reports. Home Depot rises higher than market
• Neutral Sentiment: Analysts remain cautiously optimistic about Home Depot’s outlook despite the stock’s underperformance relative to the broader market over the past year. Home Depot analyst estimates and ratings
• Negative Sentiment: A housing slowdown, costly debt and a high valuation are cited as challenges, while the stock’s lack of progress over the past five years may weigh on investor confidence. Home Depot’s long-term shareholder returns and challenges

Insider Buying and Selling

In related news, EVP Michael F. Rowe sold 710 shares of Home Depot stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $336.76, for a total value of $239,099.60. Following the transaction, the executive vice president owned 6,838 shares of the company's stock, valued at approximately $2,302,764.88. This trade represents a 9.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard V. Mcphail sold 5,989 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $348.40, for a total value of $2,086,567.60. Following the sale, the chief financial officer owned 48,104 shares in the company, valued at approximately $16,759,433.60. The trade was a 11.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 9,829 shares of company stock valued at $3,339,314 over the last ninety days. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on HD shares. UBS Group restated a "buy" rating on shares of Home Depot in a research report on Thursday, September 17th. Melius Research set a $397.00 target price on shares of Home Depot in a report on Tuesday, October 6th. Weiss Ratings reiterated a "hold (c)" rating on shares of Home Depot in a report on Friday, October 2nd. Truist Financial increased their target price on shares of Home Depot from $369.00 to $373.00 and gave the company a "buy" rating in a research note on Wednesday, August 19th. Finally, Stifel Nicolaus reduced their target price on shares of Home Depot from $346.00 to $322.00 and set a "hold" rating for the company in a report on Monday, October 26th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Home Depot presently has an average rating of "Moderate Buy" and a consensus target price of $375.45.

Home Depot Company Profile

The Home Depot, Inc is a home improvement retailer serving do-it-yourself customers, professional contractors and other businesses. The company sells building materials, tools, hardware, appliances, paint, flooring, and products for home maintenance, repair and renovation, as well as lawn and garden supplies.

In addition to its retail stores and online channels, Home Depot offers services such as product delivery, equipment rental and home improvement installation. The company was founded in 1978 and is headquartered in Atlanta, Georgia.

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