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. Since then, HD stock has increased by 20.2% and is now trading at $255.86. 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) posted its quarterly earnings data on Tuesday, May, 19th. The home improvement retailer reported $2.08 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $2.27 by $0.19. The home improvement retailer had revenue of $28.26 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up 7.1% on a year-over-year basis. During the same period last year, the firm posted $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 annualized dividend and a yield of 2.35%. The ex-dividend date of this dividend is Wednesday, June 3rd. View Home Depot's dividend history.

Home Depot declared that its board has authorized a share buyback plan on Tuesday, February 26th 2019, which permits the company to repurchase $15,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 6.9% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its stock is undervalued.

35 analysts have issued 1 year price objectives 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 $255.28 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View analysts' price targets for Home Depot.

News coverage about HD stock has been trending very negative on Monday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Home Depot earned a media sentiment score of -3.2 on InfoTrie's scale. They also gave news coverage about the home improvement retailer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Home Depot.

Home Depot saw a decrease in short interest in 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 institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), Manning & Napier Group LLC (0.02%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Hexavest Inc. (0.01%) and Moody National Bank Trust Division (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 Hexavest Inc., IFM Investors Pty Ltd, 6 Meridian, State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Centre Asset Management LLC, Renaissance Investment Group LLC, and Cullinan Associates 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 bought 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, Hoey Investments Inc., and Sanders Morris Harris LLC. 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 $255.86.

Home Depot has a market capitalization of $275.18 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]