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 9.7% and is now trading at $192.3250. 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) issued its quarterly earnings data on Tuesday, February, 25th. The home improvement retailer reported $2.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.11 by $0.17. The home improvement retailer had revenue of $25.78 billion for the quarter, compared to analyst estimates of $25.78 billion. Home Depot had a negative return on equity of 599.49% and a net margin of 10.20%. The business's revenue was down 2.7% compared to the same quarter last year. During the same quarter last year, the company earned $2.25 earnings per share. View Home Depot's earnings history.

Home Depot declared 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 annualized dividend and a yield of 3.12%. The ex-dividend date is Wednesday, March 11th. This is a boost from Home Depot's previous quarterly dividend of $1.36. View Home Depot's dividend history.

Home Depot announced that its board has approved a share buyback program on Tuesday, February 26th 2019, which permits the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.9% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Home Depot updated 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 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 Wall Street analysts have issued 1 year price targets for Home Depot's stock. Their forecasts range from $195.00 to $270.00. On average, they anticipate Home Depot's share price to reach $243.67 in the next year. This suggests a possible upside of 26.7% from the stock's current price. View analysts' price targets for Home Depot.

Media coverage about HD stock has been trending very positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. 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 daily sentiment score of 3.2 on InfoTrie's scale. They also gave news articles about the home improvement retailer a news buzz of 0.0 out of 10, indicating that recent news 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 daily trading volume, of 5,070,000 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.9% of the company's stock 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), Alibaba Group (BABA), AT&T (T), 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."

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 $192.33.

Home Depot has a market capitalization of $209.79 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]