Home Depot Stock Forecast, Price & News

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.
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20 brokers have issued 12 month price targets for Home Depot's shares. Their HD stock forecasts range from $285.00 to $470.00. On average, they predict Home Depot's stock price to reach $369.82 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
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Home Depot's stock was trading at $415.01 on January 1st, 2022. Since then, HD shares have decreased by 31.7% and is now trading at $283.58.
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Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our earnings forecast for Home Depot.

The Home Depot, Inc. (NYSE:HD) announced its quarterly earnings data 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. The home improvement retailer earned $38.91 billion during the quarter, compared to the consensus estimate of $36.78 billion. Home Depot had a negative trailing twelve-month return on equity of 21,952.16% and a net margin of 10.83%. Home Depot's revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the business earned $3.86 EPS.
View Home Depot's earnings history.

Home Depot declared a quarterly dividend on Thursday, May 19th. Stockholders 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 dividend yield of 2.68%. The ex-dividend date of this dividend is Wednesday, June 1st.
View Home Depot's dividend history.

Home Depot(NYSE:HD) pays an annual dividend of $7.60 per share and currently has a dividend yield of 2.68%. 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 43.45% next year. This indicates that Home Depot will be able to sustain or increase its dividend.
View Home Depot's dividend history.

Home Depot announced that its Board of Directors has approved a stock repurchase program on Thursday, May 20th 2021, which allows the company to buyback $20,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.9% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Home Depot issued an update on 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.

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.

Some companies that are related to Home Depot include Lowe's Companies (LOW), Builders FirstSource (BLDR), Builders FirstSource (BLDR), Floor & Decor (FND), LL Flooring (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX), Travis Perkins (TVPKF) and Wisdom Homes of America (WOFA).
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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).

Home Depot trades on the New York Stock Exchange (NYSE) under the ticker symbol "HD."

Home Depot's stock is owned by a number of retail and institutional investors. Top institutional investors include Farmer Steven Patrick (0.04%), Capital Investment Advisors LLC (0.02%), Vigilant Capital Management LLC (0.01%), Bard Financial Services Inc. (0.01%), Private Asset Management Inc. (0.01%) and Parsec Financial Management Inc. (0.01%). 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.

HD stock was sold by a variety of institutional investors in the last quarter, including Capital Investment Advisors LLC, Park National Corp OH, Pensionfund Sabic, First Financial Bank Trust Division, Enterprise Bank & Trust Co, and M&R Capital Management Inc.. Company insiders that have sold Home Depot company stock in the last two years include Ann Marie Campbell, 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 insider buying and selling activity for Home Depot or view top insider-selling stocks.

HD stock was bought by a variety of institutional investors in the last quarter, including Farmer Steven Patrick, Vigilant Capital Management LLC, Centre Asset Management LLC, Cacti Asset Management LLC, Insight Wealth Strategies LLC, Private Asset Management Inc., GoalVest Advisory LLC, and Modus Advisors LLC.
View insider buying and selling activity for Home Depot or or view top insider-buying stocks.

Shares of HD 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.
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One share of HD stock can currently be purchased for approximately $283.58.

Home Depot (NYSE:HD) has a market capitalization of $291.45 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.

Home Depot employs 490,600 workers across the globe.

Home Depot was founded in 1978.

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.