NYSE:HDHome Depot Stock Price, Forecast & News

Home Depot's stock was trading at $212.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HD shares have increased by 16.7% and is now trading at $248.50. View which stocks have been most impacted by Coronavirus.

35 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, 23 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) released its quarterly earnings data on Tuesday, May, 19th. The home improvement retailer reported $2.08 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $2.27 by $0.19. The home improvement retailer earned $28.26 billion during the quarter, compared to analyst estimates of $27.59 billion. Home Depot had a negative return on equity of 496.11% and a net margin of 9.79%. The business's revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $2.27 EPS. View Home Depot's earnings history.

Home Depot declared 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 annualized dividend and a yield of 2.41%. The ex-dividend date is Wednesday, June 3rd. View Home Depot's dividend history.

Home Depot declared that its Board of Directors has authorized a stock buyback program on Tuesday, February 26th 2019, which authorizes the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase up to 6.9% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

35 equities research analysts have issued 1-year price targets for Home Depot's shares. Their forecasts range from $215.00 to $280.00. On average, they anticipate Home Depot's share price to reach $254.62 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View analysts' price targets for Home Depot.

Press coverage about HD stock has been trending negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog 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 media sentiment score of -2.2 on InfoTrie's scale. They also assigned news coverage about the home improvement retailer a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View the latest news about Home Depot.

Home Depot saw a increase in short interest in June. As of June 15th, there was short interest totaling 11,370,000 shares, an increase of 10.9% from the May 31st total of 10,250,000 shares. Based on an average daily volume of 6,950,000 shares, the short-interest ratio is currently 1.6 days. Currently, 1.1% 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). 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 many different institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.01%), Park National Corp OH (0.01%), Cox Capital Mgt LLC (0.00%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%), Thomasville National Bank (0.00%) and Modus Advisors 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, 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 Confluence Investment Management LLC, Park National Corp OH, Thomasville National Bank, Cox Capital Mgt LLC, and Boltwood Capital Management. 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, Teresa Wynn Roseborough, and William G Lennie. View insider buying and selling activity for Home Depot.

HD stock was acquired by a variety of institutional investors in the last quarter, including Modus Advisors LLC, First Financial Bank Trust Division, and Nelson Van Denburg & Campbell Wealth Management Group LLC. Company insiders that have bought Home Depot stock in the last two years include Manuel Kadre, Mark C Vadon, 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 $248.50.

Home Depot has a market capitalization of $267.27 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]