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 stock has increased by 16.5% and is now trading at $247.96. 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 (EPS) for the quarter, missing analysts' consensus estimates of $2.27 by $0.19. The home improvement retailer earned $28.26 billion during the quarter, compared to analysts' expectations of $27.59 billion. Home Depot had a negative return on equity of 496.11% and a net margin of 9.79%. The company's quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the previous year, the company earned $2.27 EPS. View Home Depot's earnings history.

Home Depot announced a quarterly dividend on Tuesday, May 19th. Shareholders of record on Thursday, June 4th will be paid a dividend of $1.50 per share on Thursday, June 18th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Wednesday, June 3rd. View Home Depot's dividend history.

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

35 analysts have issued 1 year target prices for Home Depot's shares. Their forecasts range from $215.00 to $280.00. On average, they anticipate Home Depot's stock price to reach $255.28 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price. View analysts' price targets for Home Depot.

Headlines about HD stock have been trending negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing more than six thousand blog and news 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 news impact score of -2.3 on InfoTrie's scale. They also gave media coverage 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 company's share price in the near future. View the latest news about Home Depot.

Home Depot saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 8,850,000 shares, a decline of 22.2% from the June 15th total of 11,370,000 shares. Based on an average trading volume of 5,860,000 shares, the short-interest ratio is presently 1.5 days. Approximately 0.8% 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 number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.11%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Confluence Investment Management LLC (0.01%), Rockland Trust Co. (0.01%) and Park National Corp OH (0.01%). 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 6 Meridian, State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Renaissance Investment Group LLC, Cullinan Associates Inc., Rockland Trust Co., Legacy Private Trust Co., and Confluence Investment Management 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, 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 Envestnet Asset Management Inc., Chesley Taft & Associates LLC, American National Bank, Canandaigua National Corp, New Capital Management LP, Silverleafe Capital Partners LLC, Sanders Morris Harris LLC, and DNB Asset Management AS. 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 $247.96.

Home Depot has a market capitalization of $266.69 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]