NYSE:HD - Home 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. Since then, HD stock has decreased by 14.8% and is now trading at $181.31. View which stocks have been mosted impacted by Coronavirus.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 1 sell rating, 9 hold ratings, 19 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, May 19th 2020. View our earnings forecast for Home Depot.

Home Depot will be holding an earnings conference call on Tuesday, May 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Home Depot Inc (NYSE:HD) announced its quarterly earnings results on Tuesday, February, 25th. The home improvement retailer reported $2.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.11 by $0.17. The home improvement retailer earned $25.78 billion during the quarter, compared to analysts' expectations of $25.78 billion. Home Depot had a net margin of 10.20% and a negative return on equity of 599.49%. The company's quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.25 earnings per share. View Home Depot's earnings history.

Home Depot announced a quarterly dividend on Tuesday, February 25th. Shareholders of record on Thursday, March 12th will be paid a dividend of $1.50 per share on Thursday, March 26th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Wednesday, March 11th. This is an increase from Home Depot's previous quarterly dividend of $1.36. View Home Depot's dividend history.

Home Depot announced that its Board of Directors has initiated a stock repurchase plan on Tuesday, February 26th 2019, which allows the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 6.9% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

Home Depot issued an update on its FY21 earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of ~$10.45 for the period, compared to the Thomson Reuters consensus EPS 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.

30 equities research analysts have issued twelve-month target prices for Home Depot's stock. Their forecasts range from $195.00 to $270.00. On average, they anticipate Home Depot's stock price to reach $239.13 in the next year. This suggests a possible upside of 31.9% from the stock's current price. View analysts' price targets for Home Depot.

Media coverage about HD stock has been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Home Depot earned a news impact score of -3.3 on InfoTrie's scale. They also assigned news stories 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 effect on the stock's share price in the next several days. View the latest news aboutHome Depot.

Home Depot saw a increase in short interest in March. As of March 13th, there was short interest totaling 9,863,600 shares, an increase of 15.5% from the February 27th total of 8,540,000 shares. Based on an average trading volume of 5,070,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.9% of the company's shares are sold short. 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).

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

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 retail and institutional investors. Top institutional investors include Park National Corp OH (0.01%), Private Asset Management Inc. (0.01%), Neville Rodie & Shaw Inc. (0.01%), Bath Savings Trust Co (0.00%), Cullinan Associates Inc. (0.00%) and Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). 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 Park National Corp OH, First Financial Bank Trust Division, Private Asset Management Inc., Neville Rodie & Shaw Inc., Cullinan Associates Inc., and Nelson Van Denburg & Campbell Wealth Management Group LLC. 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, Timothy A Hourigan, and William G Lennie. View insider buying and selling activity for Home Depot.

HD stock was bought by a variety of institutional investors in the last quarter, including Orrstown Financial Services Inc., Bath Savings Trust Co, M&R Capital Management Inc., and Thomasville National Bank. 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 $181.31.

Home Depot has a market capitalization of $194.86 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. View additional information about Home Depot.

The official website for Home Depot is http://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]