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 17.5% and is now trading at $250.11. 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) issued its quarterly earnings data on Tuesday, May, 19th. The home improvement retailer reported $2.08 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $2.27 by $0.19. The home improvement retailer earned $28.26 billion during the quarter, compared to analysts' expectations of $27.59 billion. Home Depot had a negative return on equity of 496.11% and a net margin of 9.79%. Home Depot's revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the firm earned $2.27 EPS. 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 given a dividend of $1.50 per share on Thursday, June 18th. This represents a $6.00 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Wednesday, June 3rd. View Home Depot's dividend history.

Home Depot declared that its Board of Directors 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 purchase up to 6.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its shares are undervalued.

35 analysts have issued twelve-month price objectives for Home Depot's shares. Their forecasts range from $215.00 to $280.00. On average, they expect Home Depot's share price to reach $255.28 in the next year. This suggests a possible upside of 2.1% from the stock's current price. View analysts' price targets for Home Depot.

News stories about HD stock have trended neutral recently, InfoTrie reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Home Depot earned a daily sentiment score of 0.2 on InfoTrie's scale. They also gave media coverage about the home improvement retailer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Home Depot.

Home Depot saw a decrease in short interest in 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 volume of 5,860,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.8% of the shares of the stock are short sold. 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 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., 6 Meridian, State of Alaska Department of Revenue, Municipal Employees Retirement System of Michigan, Renaissance Investment Group LLC, Cullinan Associates Inc., Manning & Napier Group LLC, and Abner Herrman & Brock LLC. 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 $250.11.

Home Depot has a market capitalization of $269.00 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]