NYSE:HD

Home Depot (HD) Stock Forecast, Price & News

$308.46

+5.65 (+1.87%)

(As of 05/27/2022 12:00 AM ET)

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Today's Range: $301.60
▼
$308.50
50-Day Range: $282.96
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$340.74
52-Week Range: $279.59
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$420.61

Volume: 3.90 million shs
Average Volume: 4.96 million shs
Market Capitalization: $318.75 billion

P/E Ratio: 19.58
Dividend Yield: 2.51%
Beta: 0.97

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About Home Depot

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.

May 18, 2022 | marketbeat.com

Sharp drop in retailers helps pull Wall Street indexes lower

Stocks are opening lower on Wall Street, led by steep drops in retailers as Target plunged after issuing a grim quarterly earnings report

May 18, 2022 | marketbeat.com

US markets point lower, Target tumbles before opening bell

U.S. markets were poised to open with losses on Wednesday as investors weighed mixed U.S. retail sales data and potentially more aggressive rate hikes from the Federal Reserve

May 17, 2022 | marketbeat.com

Wall Street opens higher, led by rebounding tech stocks

Stocks are opening higher on Wall Street Tuesday, led by a rebound in the highly volatile technology sector

May 17, 2022 | marketbeat.com

Beware The Rebound In Home Depot

Shares of Home Depot (NYSE: HD) are up more than 4.0% in premarket trading following what was a better than expected Q1 report. As good as the report is, however, the gains are made on the back of rising prices that are cutting into total volume and the guidance is tepid.

May 17, 2022 | marketbeat.com

Wall Street heads higher Tuesday as retailers report results

Wall Street was heading toward a strong open on Tuesday as investors took in another batch of earnings from retailers that could reveal how persistent inflation is impacting consumer spending

May 17, 2022 | marketbeat.com

Home Depot overcomes slow start to year, rising home prices

Home Depot’s fiscal first-quarter sales improved even as the chain faced a slower start to spring, and it raised its full-year guidance

May 27, 2022 | nasdaq.com

Notable Friday Option Activity: CIEN, HD, OPRX

May 27, 2022 | seekingalpha.com

Is Home Depot Stock A Buy After Recent Earnings? It Depends On Your Return Goals

May 27, 2022 | americanbankingnews.com

Ann Marie Campbell Sells 11,293 Shares of The Home Depot, Inc. (NYSE:HD) Stock

May 26, 2022 | msn.com

Dow rallies 338 points on gains for shares of Home Depot, Nike

May 25, 2022 | msn.com

American Express, Home Depot share gains contribute to Dow's 275-point jump

May 25, 2022 | nasdaq.com

$100 Billion Wiped Off Home Depot's Market Cap: Should You Buy Now?

May 25, 2022 | finance.yahoo.com

Home Depot's Charts Are Building Out Nicely

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Lumber & other building materials
Sub-Industry: Home Improvement Retail
Sector: Retail/Wholesale
Current Symbol: NYSE:HD
Previous Symbol
CUSIP: 43707610
CIK: 354950
Web: www.homedepot.com
Phone: (770) 433-8211
Fax: 770-431-2707
Employees: 490,600
Year Founded: 1978

Sales & Book Value

Annual Sales: $151.16 billion
Price / Sales: 2.11
Cash Flow: $19.81 per share
Price / Cash Flow: 15.57
Book Value: ($1.65) per share
Price / Book: -186.95

Profitability

EPS (Most Recent Fiscal Year): $15.75
Net Income: $16.43 billion
Net Margins: 10.83%
Pretax Margin: 14.32%
Return on Equity: -21,952.16%
Return on Assets: 22.61%

Debt

Debt-to-Equity Ratio: 35.47
Current Ratio: 1.11
Quick Ratio: 0.24

Price-To-Earnings

Trailing P/E Ratio: 19.58
Forward P/E Ratio: 18.73
P/E Growth: 1.73

Miscellaneous

Outstanding Shares: 1,033,366,000
Free Float: 1,031,609,000
Market Cap: $318.75 billion
Optionable: Optionable

Company Calendar

Ex-Dividend for 3/24 Dividend: 3/09/2022
Dividend Payable: 3/24/2022
Last Earnings: 5/17/2022
Today: 5/27/2022
Ex-Dividend for 6/16 Dividend: 6/01/2022
Dividend Payable: 6/16/2022
Next Earnings (Estimated): 8/16/2022
Fiscal Year End: 1/31/2023

Social Links

MarketRank^™

Overall MarketRank^™

3.30 out of 5 stars

Retail/Wholesale Sector

19th out of 284 stocks

Lumber & Other Building Materials Industry

1st out of 8 stocks

3.4 Analyst's Opinion

Consensus Rating
Home Depot has received a consensus rating of Buy. The company's average rating score is 2.84, and is based on 16 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $373.14, Home Depot has a forecasted upside of 21.0% from its current price of $308.46.
Amount of Analyst Coverage
Home Depot has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.9 Community Rank

Outperform Votes
Home Depot has received 1,718 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Home Depot has received 593 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Home Depot has received 74.34% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Home Depot and other stocks. Vote “Outperform” if you believe HD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HD will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Yield
Home Depot pays a meaningful dividend of 2.51%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Home Depot has been increasing its dividend for 14 years.
Dividend Coverage
The dividend payout ratio of Home Depot is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Home Depot will have a dividend payout ratio of 43.45% next year. This indicates that Home Depot will be able to sustain or increase its dividend.

3.3 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Home Depot insiders have sold 698.94% more of their company's stock than they have bought. Specifically, they have bought $431,595.00 in company stock and sold $3,448,197.00 in company stock.
Percentage Held by Insiders
Only 0.17% of the stock of Home Depot is held by insiders.
Percentage Held by Institutions
70.61% of the stock of Home Depot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Home Depot are expected to grow by 6.19% in the coming year, from $16.47 to $17.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Home Depot is 19.58, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.01.
Price to Earnings Ratio vs. Sector
The P/E ratio of Home Depot is 19.58, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 14.94.
Price to Earnings Growth Ratio
Home Depot has a PEG Ratio of 1.73. PEG Ratios above 1 indicate that a company could be overvalued.

See Top Rated MarketRank™ Stocks Here

Home Depot (NYSE:HD) Frequently Asked Questions

Is Home Depot a buy right now?: 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last twelve months. There are currently 3 hold ratings and 16 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Home Depot stock.
View analyst ratings for Home Depot or view top-rated stocks.
When is Home Depot's next earnings date?: Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our earnings forecast for Home Depot.
How were Home Depot's earnings last quarter?: The Home Depot, Inc. (NYSE:HD) posted its earnings results on Tuesday, May, 17th. The home improvement retailer reported $4.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.68 by $0.41. The home improvement retailer had revenue of $38.91 billion for the quarter, compared to analyst estimates of $36.78 billion. Home Depot had a net margin of 10.83% and a negative trailing twelve-month return on equity of 21,952.16%. Home Depot's revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the business posted $3.86 EPS.
View Home Depot's earnings history.
How often does Home Depot pay dividends? What is the dividend yield for Home Depot?: Home Depot announced a quarterly dividend on Thursday, May 19th. Shareholders of record on Thursday, June 2nd will be paid a dividend of $1.90 per share on Thursday, June 16th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend is Wednesday, June 1st.
View Home Depot's dividend history.
Is Home Depot a good dividend stock?: Home Depot pays an annual dividend of $7.60 per share and currently has a dividend yield of 2.51%. Home Depot has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Home Depot is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Home Depot will have a dividend payout ratio of 43.45% next year. This indicates that Home Depot will be able to sustain or increase its dividend.
View Home Depot's dividend history.
How will Home Depot's stock buyback program work?: Home Depot announced that its board has authorized a stock repurchase program on Thursday, May 20th 2021, which permits the company to buyback $20,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.9% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.
What guidance has Home Depot issued on next quarter's earnings?: Home Depot updated its FY 2022 earnings guidance on Tuesday, May, 24th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $155.69 billion-$155.69 billion, compared to the consensus revenue estimate of $153.93 billion.
What price target have analysts set for HD?: 19 Wall Street analysts have issued 1 year price targets for Home Depot's stock. Their forecasts range from $320.00 to $470.00. On average, they anticipate Home Depot's share price to reach $373.14 in the next year. This suggests a possible upside of 21.0% from the stock's current price.
View analysts' price targets for Home Depot or view top-rated stocks among Wall Street analysts.
Who are Home Depot's key executives?: Home Depot's management team includes the following people:
Mr. Edward P. Decker, Pres, CEO & Director (Age 59, Pay $3.65M) (LinkedIn Profile)
Mr. Richard V. McPhail, Exec. VP & CFO (Age 51, Pay $2.29M) (LinkedIn Profile)
Mr. Matthew A. Carey, Exec. VP of Customer Experience (Age 57, Pay $2.27M)
Ms. Ann-Marie Campbell, Exec. VP of U.S. Stores & International Operations (Age 56, Pay $2.36M)
Mr. Stephen L. Gibbs, VP, Chief Accounting Officer & Corp. Controller (Age 50)
Mr. Paul Antony, Sr. VP of Technology
Mr. Fahim Siddiqui, Exec. VP & Chief Information Officer (Age 56)
Ms. Isabel Janci, VP of Investor Relations & Treasurer
Ms. Teresa Wynn Roseborough, Exec. VP, Gen. Counsel & Corp. Sec. (Age 63) (LinkedIn Profile)
Sara Gorman, Sr. Director of Corp. Communications
What is Craig Menear's approval rating as Home Depot's CEO?: 7,985 employees have rated Home Depot CEO Craig Menear on Glassdoor.com. Craig Menear has an approval rating of 84% among Home Depot's employees.
Who are some of Home Depot's key competitors?: Some companies that are related to Home Depot include Lowe's Companies (LOW), Builders FirstSource (BLDR), Builders FirstSource (BLDR), Floor & Decor (FND), Travis Perkins (TVPKF), LL Flooring (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA).
View all of HD's competitors.
What other stocks do shareholders of Home Depot own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Home Depot investors own include NVIDIA (NVDA), Walt Disney (DIS), Johnson & Johnson (JNJ), AT&T (T), Visa (V), Intel (INTC), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Cisco Systems (CSCO) and Verizon Communications (VZ).
What is Home Depot's stock symbol?: Home Depot trades on the New York Stock Exchange (NYSE) under the ticker symbol "HD."
Who are Home Depot's major shareholders?: Home Depot's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.03%), State Street Corp (4.41%), Capital World Investors (3.89%), Northern Trust Corp (1.30%), Wellington Management Group LLP (1.20%) and Charles Schwab Investment Management Inc. (1.04%). Company insiders that own Home Depot stock include Ann Marie Campbell, Becker Caryn Seidman, Craig A Menear, Edward P Decker, Hector A Padilla, Karen A Foster, Matt Carey, Richard V Mcphail, Teresa Wynn Roseborough and William G Lennie.
View institutional ownership trends for Home Depot.
Which major investors are selling Home Depot stock?: HD stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Clearbridge Investments LLC, Wellington Management Group LLP, Invesco Ltd., Sarasin & Partners LLP, 1832 Asset Management L.P., Jennison Associates LLC, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Home Depot company stock in the last year include Ann Marie Campbell, Craig A Menear, Hector A Padilla, Richard V Mcphail, and Teresa Wynn Roseborough.
View insider buying and selling activity for Home Depot or view top insider-selling stocks.
Which major investors are buying Home Depot stock?: HD stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Parnassus Investments LLC, Charles Schwab Investment Management Inc., Aaron Wealth Advisors LLC, Swiss National Bank, Arrowstreet Capital Limited Partnership, Capital International Investors, and Fisher Asset Management LLC.
View insider buying and selling activity for Home Depot or or view top insider-buying stocks.
How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Home Depot's stock price today?: One share of HD stock can currently be purchased for approximately $308.46.
How much money does Home Depot make?: Home Depot has a market capitalization of $318.75 billion and generates $151.16 billion in revenue each year. The home improvement retailer earns $16.43 billion in net income (profit) each year or $15.75 on an earnings per share basis.
How many employees does Home Depot have?: Home Depot employs 490,600 workers across the globe.
Does Home Depot have any subsidiaries?: The following companies are subsidiares of Home Depot: Apex Supply, Askuity, BlackLocus, Chem-Dry, Compact Power Equipment, HD Development Holdings Inc., HD Development of Maryland Inc., HD Supply Distribution Services, Home Decorators Collection, Home Depot International Inc., Home Depot Product Authority LLC, Home Depot U.S.A. Inc., Home Depot of Canada Inc., Home Mart Mexico, Hughes Supply, Interline Brands, Measurecomp, National Waterworks Holdings, Redbeacon, US Home Systems, White Cap Construction Supply, Your Other Warehouse, and blinds.com.
When was Home Depot founded?: Home Depot was founded in 1978.
What is Home Depot's official website?: The official website for Home Depot is www.homedepot.com.
How can I contact Home Depot?: 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, via email at [email protected], or via fax at 770-431-2707.

This page was last updated on 5/27/2022 by MarketBeat.com Staff

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Home Depot (HD) Stock Forecast, Price & News

About Home Depot

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

Social Links

MarketRank™

Overall MarketRank™

3.4 Analyst's Opinion

4.9 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

4.2 Dividend Strength

3.3 Company Ownership

0.6 Earnings and Valuation

Home Depot (NYSE:HD) Frequently Asked Questions

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