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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
pixel
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
pixel
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
pixel
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel

Home Depot - HD Stock Forecast, Price & News

$309.69
+2.52 (+0.82%)
(As of 08/5/2022 08:48 PM ET)
Add
Compare
Today's Range
$304.49
$309.78
50-Day Range
$268.98
$309.69
52-Week Range
$264.51
$420.61
Volume
2.03 million shs
Average Volume
4.53 million shs
Market Capitalization
$318.29 billion
P/E Ratio
19.66
Dividend Yield
2.45%
Price Target
$368.45

Home Depot MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
19.0% Upside
$368.45 Price Target
Short Interest
Healthy
0.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.92
Upright™ Environmental Score
News Sentiment
0.08mentions of Home Depot in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$3.29 M Sold Last Quarter
Proj. Earnings Growth
5.84%
From $16.43 to $17.39 Per Share

Overall MarketRank

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

3.08 out of 5 stars

Retail/Wholesale Sector

10th out of 262 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 Trading Up 0.8 %

NYSE:HD traded up $2.52 during trading hours on Friday, hitting $309.69. 2,029,298 shares of the stock traded hands, compared to its average volume of 2,755,566. The firm has a 50 day moving average price of $290.90 and a 200 day moving average price of $310.38. Home Depot has a fifty-two week low of $264.51 and a fifty-two week high of $420.61. The firm has a market cap of $318.29 billion, a price-to-earnings ratio of 19.66, a PEG ratio of 2.02 and a beta of 0.99.

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 (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $36.78 billion. During the same period in the previous year, the business earned $3.86 EPS. The company's revenue was up 3.8% on a year-over-year basis. Research analysts predict that Home Depot will post 16.43 EPS for the current year.

Home Depot Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 16th. Stockholders of record on Thursday, June 2nd were paid a $1.90 dividend. This represents a $7.60 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date was Wednesday, June 1st. Home Depot's dividend payout ratio (DPR) is presently 48.25%.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. DA Davidson lowered their target price on Home Depot from $354.00 to $330.00 and set a "na" rating for the company in a report on Wednesday, May 18th. Morgan Stanley lowered their target price on Home Depot from $365.00 to $350.00 and set an "overweight" rating for the company in a report on Wednesday, July 20th. Piper Sandler upped their target price on Home Depot from $310.00 to $321.00 and gave the company a "neutral" rating in a report on Wednesday, May 18th. Evercore ISI lowered their target price on Home Depot to $360.00 in a report on Thursday, June 9th. Finally, Gordon Haskett downgraded Home Depot from a "buy" rating to an "accumulate" rating in a research report on Friday, May 6th. Five equities research analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the stock. According to MarketBeat, Home Depot has a consensus rating of "Moderate Buy" and an average price target of $368.45.

Insider Transactions at Home Depot

In other news, EVP Ann Marie Campbell sold 11,293 shares of the company's stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $288.03, for a total value of $3,252,722.79. Following the transaction, the executive vice president now directly owns 51,175 shares of the company's stock, valued at $14,739,935.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Home Depot news, Director Becker Caryn Seidman acquired 1,500 shares of the firm's stock in a transaction that occurred on Monday, May 23rd. The stock was purchased at an average cost of $287.73 per share, for a total transaction of $431,595.00. Following the completion of the acquisition, the director now owns 1,500 shares of the company's stock, valued at approximately $431,595. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ann Marie Campbell sold 11,293 shares of the company's stock in a transaction on Tuesday, May 24th. The stock was 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 of the company's stock, valued at $14,739,935.25. The disclosure for this sale can be found here. 0.17% of the stock is currently owned by company insiders.

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HD Stock News Headlines

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
Dow Movers: HD, MSFT
Is Home Depot Stock Recession-Proof?
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
8/08/2022
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
$368.45
High Stock Price Forecast
$470.00
Low Stock Price Forecast
$285.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
20 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
1,027,755,000
Free Float
1,026,008,000
Market Cap
$318.29 billion
Optionable
Optionable
Beta
0.99

Social Links















HD Stock - Frequently Asked Questions

Should I buy or sell Home Depot stock right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 4 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.

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

20 Wall Street analysts have issued 12-month target prices for Home Depot's shares. Their HD stock forecasts range from $285.00 to $470.00. On average, they expect Home Depot's share price to reach $368.45 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Home Depot
or view top-rated stocks among Wall Street analysts.

How has Home Depot's stock price performed in 2022?

Home Depot's stock was trading at $415.01 at the start of the year. Since then, HD shares have decreased by 25.4% and is now trading at $309.69.
View the best growth stocks for 2022 here
.

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 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) issued its earnings results on Tuesday, May, 17th. The home improvement retailer reported $4.09 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 analysts' expectations 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 firm's revenue was up 3.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.86 earnings per share.
Read Home Depot's 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 paid a dividend of $1.90 per share on Thursday, June 16th. This represents a $7.60 annualized dividend and a yield of 2.45%. The ex-dividend date is Wednesday, June 1st.
View Home Depot's dividend history
.

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 2.45%. 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 43.70% 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 declared that its Board of Directors has authorized a share repurchase program on Thursday, May 20th 2021, which allows the company to repurchase $20,000,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5.9% of its stock through open market purchases. Stock repurchase programs are generally an indication 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, June, 14th. The company provided earnings per share (EPS) 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 CEO Craig Menear on Glassdoor.com. Craig Menear has an approval rating of 84% among Home Depot'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 number of retail and institutional investors. Top institutional shareholders include Jennison Associates LLC (0.39%), Sumitomo Mitsui Trust Holdings Inc. (0.33%), C WorldWide Group Holding A S (0.22%), Truist Financial Corp (0.20%), Parnassus Investments LLC (0.19%) and Envestnet Asset Management Inc. (0.19%). Company insiders that own Home Depot 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 for Home Depot
.

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 $309.69.

How much money does Home Depot make?

Home Depot (NYSE:HD) has a market capitalization of $318.29 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.
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 Home Depot 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 8/8/2022 by MarketBeat.com Staff

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