NYSE:HDHome Depot Stock Price, Forecast & News

Home Depot's stock was trading at $212.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HD stock has increased by 13.6% and is now trading at $241.88. View which stocks have been most impacted by Coronavirus.

34 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 1 sell rating, 10 hold ratings, 22 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Home Depot.

Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for Home Depot.

Home Depot Inc (NYSE:HD) announced its quarterly earnings data on Tuesday, May, 19th. The home improvement retailer reported $2.08 EPS for the quarter, missing the Zacks' consensus estimate of $2.27 by $0.19. The home improvement retailer had revenue of $28.26 billion for the quarter, compared to analyst estimates of $27.59 billion. Home Depot had a net margin of 9.79% and a negative return on equity of 496.11%. The business's quarterly revenue was up 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.27 earnings per share. View Home Depot's earnings history.

Home Depot announced a quarterly dividend on Tuesday, May 19th. Investors of record on Thursday, June 4th will be given a dividend of $1.50 per share on Thursday, June 18th. This represents a $6.00 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date is Wednesday, June 3rd. View Home Depot's dividend history.

Home Depot declared that its Board of Directors has approved a share repurchase program on Tuesday, February 26th 2019, which authorizes the company to repurchase $15,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.9% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

Home Depot updated its FY21 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of ~$10.45 for the period, compared to the Thomson Reuters consensus estimate of $10.55. The company issued revenue guidance of +3.5-4.0% yr/yr to $114.1-114.6 billion, compared to the consensus revenue estimate of $114.91 billion.

34 brokerages have issued 12-month price objectives for Home Depot's stock. Their forecasts range from $215.00 to $270.00. On average, they expect Home Depot's share price to reach $251.72 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View analysts' price targets for Home Depot.

News stories about HD stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Home Depot earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned headlines about the home improvement retailer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutHome Depot.

Home Depot saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 10,340,000 shares, an increase of 6.8% from the April 15th total of 9,680,000 shares. Based on an average daily volume of 6,720,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.0% of the company's stock are short sold. View Home Depot's Current Options Chain.

Some companies that are related to Home Depot include Lowe's Companies (LOW), Floor & Decor (FND), Travis Perkins (TVPKF), Builders FirstSource (BLDR), BMC Stock (BMCH), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Home Depot investors own include Walt Disney (DIS), NVIDIA (NVDA), Alibaba Group (BABA), AT&T (T), Johnson & Johnson (JNJ), Visa (V), Cisco Systems (CSCO), JPMorgan Chase & Co. (JPM), Intel (INTC) and Boeing (BA).

Home Depot trades on the New York Stock Exchange (NYSE) under the ticker symbol "HD."

Home Depot's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.84%), Capital World Investors (3.02%), Wellington Management Group LLP (2.07%), Capital Research Global Investors (1.96%), Geode Capital Management LLC (1.58%) and Bank of New York Mellon Corp (0.94%). Company insiders that own Home Depot stock include Ann Marie Campbell, Carol B Tome, Craig A Menear, Edward P Decker, Manuel Kadre, Mark C Vadon, Mark Holifield, Matt Carey, Stephanie Linnartz, Teresa Wynn Roseborough, Timothy A Hourigan, Wayne M Hewett and William G Lennie. View institutional ownership trends for Home Depot.

HD stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Aristotle Capital Management LLC, Schroder Investment Management Group, Deutsche Bank AG, Johanson Financial Advisors Inc., Alliancebernstein L.P., and PGGM Investments. Company insiders that have sold Home Depot company stock in the last year include Ann Marie Campbell, Carol B Tome, Craig A Menear, Edward P Decker, Matt Carey, Teresa Wynn Roseborough, and William G Lennie. View insider buying and selling activity for Home Depot.

HD stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Advisor Group Holdings Inc., Wellington Management Group LLP, Jennison Associates LLC, Swiss National Bank, Invesco Ltd., APG Asset Management N.V., and Massachusetts Financial Services Co. MA. Company insiders that have bought Home Depot stock in the last two years include Manuel Kadre, Mark C Vadon, Stephanie Linnartz, and Wayne M Hewett. View insider buying and selling activity for Home Depot.

Shares of HD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HD stock can currently be purchased for approximately $241.88.

Home Depot has a market capitalization of $259.81 billion and generates $110.23 billion in revenue each year. The home improvement retailer earns $11.24 billion in net income (profit) each year or $10.25 on an earnings per share basis. Home Depot employs 415,000 workers across the globe.

The official website for Home Depot is www.homedepot.com.

Home Depot's mailing address is 2455 PACES FERRY ROAD, ATLANTA GA, 30339. The home improvement retailer can be reached via phone at 770-433-8211 or via email at [email protected]