The Home Depot Stock Forecast, Price & News

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Home Depot in the last year. There are currently 4 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" The Home Depot stock.
View analyst ratings for The Home Depot or view top-rated stocks.

Wall Street analysts have given The Home Depot a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Home Depot wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

The Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, November 16th 2021.
View our earnings forecast for The Home Depot.

The Home Depot, Inc. (NYSE:HD) released its earnings results on Monday, August, 16th. The home improvement retailer reported $4.53 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $4.43 by $0.10. The home improvement retailer earned $41.12 billion during the quarter, compared to analysts' expectations of $40.74 billion. The Home Depot had a net margin of 10.55% and a trailing twelve-month return on equity of 709.19%. The business's revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the firm posted $4.02 earnings per share.
View The Home Depot's earnings history.

The 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 57.0% and is now trading at $334.22.
View which stocks have been most impacted by COVID-19.

The Home Depot announced a quarterly dividend on Thursday, August 19th. Investors of record on Thursday, September 2nd will be given a dividend of $1.65 per share on Thursday, September 16th. This represents a $6.60 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend is Wednesday, September 1st.
View The Home Depot's dividend history.

The Home Depot pays an annual dividend of $6.60 per share and currently has a dividend yield of 1.99%. The Home Depot does not yet have a strong track record of dividend growth. The dividend payout ratio of The Home Depot is 54.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, The Home Depot will have a dividend payout ratio of 43.85% next year. This indicates that The Home Depot will be able to sustain or increase its dividend.
View The Home Depot's dividend history.

The Home Depot announced that its board has initiated a share buyback program on Thursday, May 20th 2021, which permits the company to repurchase $20,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 5.9% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

21 analysts have issued 12-month target prices for The Home Depot's stock. Their forecasts range from $310.00 to $386.00. On average, they anticipate The Home Depot's stock price to reach $339.56 in the next twelve months. This suggests a possible upside of 1.6% from the stock's current price.
View analysts' price targets for The Home Depot or view top-rated stocks among Wall Street analysts.

7,985 employees have rated The Home Depot CEO Craig Menear on Glassdoor.com. Craig Menear has an approval rating of 84% among The Home Depot's employees.

Some companies that are related to The Home Depot include Lowe's Companies (LOW), Floor & Decor (FND), Builders FirstSource (BLDR), Travis Perkins (TVPKF), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA).
View all of HD's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other The Home Depot investors own include NVIDIA (NVDA), The 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).

The Home Depot trades on the New York Stock Exchange (NYSE) under the ticker symbol "HD."

The Home Depot's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.73%), BlackRock Inc. (6.67%), State Street Corp (4.53%), FMR LLC (1.86%), Geode Capital Management LLC (1.49%) and Northern Trust Corp (1.39%). Company insiders that own The Home Depot stock include Ann Marie Campbell, Craig A Menear, Edward P Decker, Hector A Padilla, Karen A Foster, Matt Carey, Teresa Wynn Roseborough and William G Lennie.
View institutional ownership trends for The Home Depot.

HD stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Putnam Investments LLC, Geode Capital Management LLC, Bank of New York Mellon Corp, Twin Tree Management LP, UBS Asset Management Americas Inc., Flossbach Von Storch AG, and Vanguard Group Inc.. Company insiders that have sold The Home Depot company stock in the last year include Ann Marie Campbell, Craig A Menear, Edward P Decker, Hector A Padilla, Karen A Foster, Matt Carey, and Teresa Wynn Roseborough.
View insider buying and selling activity for The Home Depot or view top insider-selling stocks.

HD stock was purchased by a variety of institutional investors in the last quarter, including Amundi, Jefferies Group LLC, Mn Services Vermogensbeheer B.V., Liberty Wealth Management LLC, Citadel Advisors LLC, American Century Companies Inc., Alliancebernstein L.P., and First Trust Advisors LP.
View insider buying and selling activity for The Home Depot or or view top insider-buying stocks.

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.

One share of HD stock can currently be purchased for approximately $334.22.

The Home Depot has a market capitalization of $352.72 billion and generates $132.11 billion in revenue each year. The home improvement retailer earns $12.87 billion in net income (profit) each year or $12.03 on an earnings per share basis.

The Home Depot employs 504,800 workers across the globe.

The following companies are subsidiares of The 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.

The Home Depot was founded in 1978.

The official website for The Home Depot is www.homedepot.com.

The Home Depot is headquartered at 2455 PACES FERRY ROAD, ATLANTA GA, 30339.

The 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].