S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
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Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
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Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Climate bill: Could coal communities shift to nuclear?
Shelling kills 1 in Ukraine; Russia wants nuke plant pledges
High oil prices help Saudi Aramco earn $88B in first half
Biden's Plan to Confiscate Your Cash? (Ad)
Former Deutsche Bank Co-CEO Anshu Jain dies
Ship carrying grain for hungry Ethiopia leaves Ukraine
Saudi Aramco's profits already $88B as oil prices stay high
Biden's Plan to Confiscate Your Cash? (Ad)

Home Depot - HD Stock Forecast, Price & News

$314.89
+4.20 (+1.35%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$310.18
$314.93
50-Day Range
$268.98
$314.89
52-Week Range
$264.51
$420.61
Volume
2.27 million shs
Average Volume
2.79 million shs
Market Capitalization
$323.63 billion
P/E Ratio
19.99
Dividend Yield
2.41%
Price Target
$366.00

Home Depot MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
16.2% Upside
$366.00 Price Target
Short Interest
Healthy
0.77% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.92
Upright™ Environmental Score
News Sentiment
0.27mentions of Home Depot in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$3.29 M Sold Last Quarter
Proj. Earnings Growth
5.42%
From $16.42 to $17.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.95 out of 5 stars

Retail/Wholesale Sector

14th out of 224 stocks

Lumber & Other Building Materials Industry

1st out of 6 stocks

HD stock logo

About Home Depot (NYSE:HD) Stock

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.

Home Depot Stock Performance

Shares of NYSE:HD traded up $4.20 during trading on Friday, reaching $314.89. The company had a trading volume of 2,273,796 shares, compared to its average volume of 2,787,821. Home Depot has a 52 week low of $264.51 and a 52 week high of $420.61. The stock has a market cap of $323.63 billion, a PE ratio of 19.99, a PEG ratio of 1.74 and a beta of 0.99. The business's 50 day moving average price is $291.60 and its 200-day moving average price is $308.81.

Home Depot (NYSE:HD - Get Rating) last announced its earnings results on Tuesday, May 17th. The home improvement retailer reported $4.09 earnings per share for the quarter, topping analysts' consensus estimates of $3.67 by $0.42. Home Depot had a net margin of 10.83% and a negative return on equity of 21,952.60%. The company had revenue of $38.91 billion during the quarter, compared to the consensus estimate of $36.78 billion. During the same period in the previous year, the firm posted $3.86 earnings per share. The company's revenue was up 3.8% on a year-over-year basis. Equities analysts anticipate that Home Depot will post 16.42 earnings per share for the current year.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 16th. Stockholders of record on Thursday, June 2nd were given a dividend of $1.90 per share. This represents a $7.60 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend was Wednesday, June 1st. Home Depot's dividend payout ratio is 48.25%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on HD. Raymond James lowered their target price on shares of Home Depot from $350.00 to $340.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 18th. JPMorgan Chase & Co. decreased their price target on shares of Home Depot from $335.00 to $311.00 and set an "overweight" rating on the stock in a research report on Tuesday, August 9th. MKM Partners assumed coverage on shares of Home Depot in a research report on Thursday, June 23rd. They issued a "neutral" rating and a $285.00 price target on the stock. DA Davidson decreased their price target on shares of Home Depot from $354.00 to $330.00 and set a "na" rating on the stock in a research report on Wednesday, May 18th. Finally, StockNews.com raised shares of Home Depot from a "hold" rating to a "buy" rating in a report on Monday, August 8th. Four research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company's stock. According to data from MarketBeat, Home Depot currently has an average rating of "Moderate Buy" and an average target price of $366.00.

Insider Transactions at Home Depot

In other news, EVP Ann Marie Campbell sold 11,293 shares of Home Depot stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $288.03, for a total transaction of $3,252,722.79. Following the completion of the sale, the executive vice president now owns 51,175 shares in the company, valued at approximately $14,739,935.25. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, EVP Ann Marie Campbell sold 11,293 shares of Home Depot stock in a transaction that occurred on Tuesday, May 24th. The shares were sold at an average price of $288.03, for a total transaction of $3,252,722.79. Following the completion of the sale, the executive vice president now owns 51,175 shares in the company, valued at approximately $14,739,935.25. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Hector A. Padilla sold 136 shares of Home Depot stock in a transaction that occurred on Thursday, May 19th. The stock was sold at an average price of $289.23, for a total transaction of $39,335.28. Following the sale, the executive vice president now owns 11,230 shares of the company's stock, valued at approximately $3,248,052.90. The disclosure for this sale can be found here. 0.17% of the stock is owned by corporate insiders.

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HD Stock News Headlines

MarketBeat: Week in Review 8/8 - 8/12 (HD)
The market is moving higher with "better than expected" inflation news providing the fuel. Here are some stocks we believe you should look at this week
2 Important Retail Stock Battles to Watch (HD)
This upcoming week we will get to see another round in two of corporate America’s most intense battles. These quarterly updates...
Home Depot, Lowe's On Track To Grow 2022 Earnings
Home Depot and Lowe's are on track to grow earnings in 2022, but is either a buy right now? Both companies report quarterly results next week.
MarketBeat: Week in Review 7/25 – 7/29 (HD)
The markets are rallying as big tech earnings are lifting investors' spirits. Here are some of the stocks our analysts were looking at this week.
Home Depot: A Beautiful Boring Stock to Navigate a Bear Market
Home Depot reports earnings in August. So now is the time to look at the business to see if HD stock is a good choice for your portfolio at this time
Home Depot (HD) Scheduled to Post Quarterly Earnings on Tuesday
Home Depot (NYSE:HD) PT Lowered to $311.00
Home Depot (NYSE:HD) Upgraded at StockNews.com
Home Depot Whale Trades Spotted
See More Headlines
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HD Company Calendar

Last Earnings
5/17/2022
Ex-Dividend for 6/16 Dividend
6/01/2022
Dividend Payable
6/16/2022
Today
8/14/2022
Next Earnings (Confirmed)
8/16/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Lumber & other building materials
Sub-Industry
Home Improvement Retail
CUSIP
43707610
Employees
490,600
Year Founded
1978

Price Target and Rating

Average Stock Price Forecast
$366.00
High Stock Price Forecast
$470.00
Low Stock Price Forecast
$285.00
Forecasted Upside/Downside
+16.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
21 Analysts

Profitability

Net Income
$16.43 billion
Pretax Margin
14.32%
Return on Equity
-21,952.60%

Debt

Sales & Book Value

Annual Sales
$151.16 billion
Cash Flow
$18.48 per share
Book Value
($1.62) per share

Miscellaneous

Outstanding Shares
1,027,760,000
Free Float
1,026,008,000
Market Cap
$323.63 billion
Optionable
Optionable
Beta
0.99

Social Links















HD Stock - Frequently Asked Questions

Should I buy or sell Home Depot stock right now?

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

What is Home Depot's stock price forecast for 2022?

21 brokerages have issued 12-month price targets for Home Depot's stock. Their HD share price forecasts range from $285.00 to $470.00. On average, they predict the company's share price to reach $366.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
View analysts price targets for HD
or view top-rated stocks among Wall Street analysts.

How have HD shares performed in 2022?

Home Depot's stock was trading at $415.01 at the beginning of the year. Since then, HD stock has decreased by 24.1% and is now trading at $314.89.
View the best growth stocks for 2022 here
.

When is Home Depot's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our HD earnings forecast
.

How can I listen to Home Depot's earnings call?

Home Depot will be holding an earnings conference call on Tuesday, August 16th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Home Depot's earnings last quarter?

The Home Depot, Inc. (NYSE:HD) released its earnings results on Tuesday, May, 17th. The home improvement retailer reported $4.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.67 by $0.42. The home improvement retailer earned $38.91 billion during 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 21,952.60%. The business's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.86 earnings per share.
Read the conference call transcript
.

How often does Home Depot pay dividends? What is the dividend yield for Home Depot?

Home Depot declared a quarterly dividend on Thursday, May 19th. Investors of record on Thursday, June 2nd will be given 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 2.41%. The ex-dividend date is Wednesday, June 1st.
Read our dividend analysis for HD
.

Is Home Depot a good dividend stock?

Home Depot (NYSE:HD) pays an annual dividend of $7.60 per share and currently has a dividend yield of 2.41%. The company 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 is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HD will have a dividend payout ratio of 43.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HD.

How will Home Depot's stock buyback program work?

Home Depot announced that its Board of Directors has initiated a stock repurchase plan on Thursday, May 20th 2021, which authorizes the company to buyback $20,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5.9% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors 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, June, 14th. 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 is Craig Menear's approval rating as Home Depot's CEO?

7,985 employees have rated Home Depot Chief Executive Officer Craig Menear on Glassdoor.com. Craig Menear has an approval rating of 84% among the company's employees.

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 FMR LLC (1.30%), Northern Trust Corp (1.27%), Deutsche Bank AG (0.45%), Swiss National Bank (0.44%), Jennison Associates LLC (0.39%) and Sumitomo Mitsui Trust Holdings Inc. (0.33%). Insiders that own company stock include Ann Marie Campbell, Becker Caryn Seidman, Carol B Tome, 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
.

How do I buy shares of Home Depot?

Shares of HD stock 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 $314.89.

How much money does Home Depot make?

Home Depot (NYSE:HD) has a market capitalization of $323.63 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?

The company 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.
Read More

When was Home Depot founded?

Home Depot was founded in 1978.

How can I contact Home Depot?

Home Depot's mailing address is 2455 PACES FERRY ROAD, ATLANTA GA, 30339. The official website for the company is www.homedepot.com. The home improvement retailer can be reached via phone at (770) 433-8211, via email at investor_relations@homedepot.com, or via fax at 770-431-2707.

This page (NYSE:HD) was last updated on 8/14/2022 by MarketBeat.com Staff

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