NYSE:HDHome Depot Stock Price, Forecast & News

Home Depot's stock was trading at $212.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HD stock has increased by 16.2% and is now trading at $247.35. 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) announced its quarterly earnings data on Tuesday, May, 19th. The home improvement retailer reported $2.08 EPS for the quarter, missing the consensus estimate of $2.27 by $0.19. The home improvement retailer had revenue of $28.26 billion for the quarter, compared to analysts' expectations of $27.59 billion. Home Depot had a net margin of 9.79% and a negative return on equity of 496.11%. The firm's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the firm posted $2.27 earnings per share. View Home Depot's earnings history.

Home Depot announced a quarterly dividend on Tuesday, May 19th. Investors 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 annualized dividend and a dividend yield of 2.43%. The ex-dividend date is Wednesday, June 3rd. View Home Depot's dividend history.

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

35 equities research analysts have issued 1 year target prices for Home Depot's stock. Their forecasts range from $215.00 to $280.00. On average, they anticipate Home Depot's stock price to reach $254.62 in the next year. This suggests a possible upside of 2.9% from the stock's current price. View analysts' price targets for Home Depot.

Media stories about HD stock have trended negative this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Home Depot earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned media headlines about the home improvement retailer a news buzz of 0.0 out of 10, indicating that recent press 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 decrease in short interest during the month of June. As of June 30th, there was short interest totaling 8,850,000 shares, a decrease of 22.2% from the June 15th total of 11,370,000 shares. Based on an average daily trading volume, of 5,860,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.8% 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). 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 variety of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.02%), Confluence Investment Management LLC (0.01%), Park National Corp OH (0.01%), Private Asset Management Inc. (0.01%), Woodstock Corp (0.01%) and Hudson Valley Investment Advisors Inc. ADV (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 State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Renaissance Investment Group LLC, Cullinan Associates Inc., Confluence Investment Management LLC, OmniStar Financial Group Inc., Private Trust Co. NA, and Orrstown Financial Services Inc.. 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 American National Bank, Platte River Wealth Advisors LLC, Robecosam AG, Modus Advisors LLC, Wiley BROS. Aintree Capital LLC, Red Door Wealth Management LLC, HNP Capital LLC, and Windsor Group LTD. 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 $247.35.

Home Depot has a market capitalization of $266.03 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]