NYSE:HDHome Depot Stock Price, Forecast & News

$241.88

+1.00 (+0.42 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$238.66

Now: $241.88▼

$242.34

50-Day Range

$178.70

MA: $217.51▼

$245.35

52-Week Range

$140.63

Now: $241.88▼

$248.32

Volume3.04 million shs

Average Volume6.27 million shs

Market Capitalization$259.81 billion

P/E Ratio24.04

Dividend Yield2.48%

Beta1.03

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 provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers. The company also offers installation programs that include flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows; and professional installation in various categories sold through its stores and in-home sales programs, as well as acts as a contractor to provide installation services to its do-it-for-me customers through third-party installers. In addition, it provides tool and equipment rental services. The company primarily serves home owners; and professional renovators/remodelers, general contractors, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products online. As of February 3, 2019, the company operated 2,287 stores in the United States, including the Commonwealth of Puerto Rico, and the territories of the U.S. Virgin Islands and Guam; Canada; and Mexico. The Home Depot, Inc. was founded in 1978 and is based in Atlanta, Georgia.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Home Depot has received a consensus rating of Buy. The company's average rating score is 2.68, and is based on 22 buy ratings, 10 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $251.72, Home Depot has a potential upside of 4.1% from its current price of $241.88.
Amount of Analyst Coverage
Home Depot has been the subject of 21 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Home Depot has received 1,600 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Home Depot has received 1,097 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Home Depot has received 59.33% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Home Depot and other stocks. Vote “Outperform” if you believe HD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HD will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Home Depot is a leading dividend payer. It pays a dividend yield of 2.48%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Home Depot has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Home Depot is 58.54 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Home Depot will have a dividend payout ratio of 55.45 % next year. This indicates that Home Depot will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Home Depot insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,554,488.00 in company stock.
Percentage Held by Insiders
Only 0.26% of the stock of Home Depot is held by insiders.
Percentage Held by Institutions
69.67% of the stock of Home Depot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Home Depot are expected to grow by 11.09% in the coming year, from $9.74 to $10.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Home Depot is 24.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.79.
Price to Earnings Ratio vs. Sector
The P/E ratio of Home Depot is 24.04, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.91.
Price to Earnings Growth Ratio
Home Depot has a PEG Ratio of 2.24. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Lumber & other building materials

Sub-IndustryHome Improvement Retail

SectorRetail/Wholesale

Current SymbolNYSE:HD

Previous Symbol

CUSIP43707610

CIK354950

Webwww.homedepot.com

Phone770-433-8211

Debt

Debt-to-Equity RatioN/A

Current Ratio1.17

Quick Ratio0.53

Price-To-Earnings

Trailing P/E Ratio24.04

Forward P/E Ratio24.83

P/E Growth2.24

Sales & Book Value

Annual Sales$110.23 billion

Price / Sales2.36

Cash Flow$12.41 per share

Price / Cash Flow19.49

Book Value($2.86) per share

Price / Book-84.57

Profitability

EPS (Most Recent Fiscal Year)$10.25

Net Income$11.24 billion

Net Margins9.79%

Return on Equity-496.11%

Return on Assets20.48%

Miscellaneous

Employees415,000

Outstanding Shares1,074,116,000

Market Cap$259.81 billion

Next Earnings Date8/18/2020 (Estimated)

OptionableOptionable

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Home Depot (NYSE:HD) Frequently Asked Questions

How has Home Depot's stock been impacted by COVID-19 (Coronavirus)?

Home Depot's stock was trading at $212.89 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HD shares have increased by 13.6% and is now trading at $241.88. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Home Depot?

34 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, 22 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Home Depot.

When is Home Depot's next earnings date?

Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, August 18th 2020. View our earnings forecast for Home Depot.

How were Home Depot's earnings last quarter?

Home Depot Inc (NYSE:HD) released its quarterly earnings results on Tuesday, May, 19th. The home improvement retailer reported $2.08 EPS for the quarter, missing analysts' consensus estimates 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 negative return on equity of 496.11% and a net margin of 9.79%. The firm's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the business earned $2.27 earnings per share. View Home Depot's earnings history.

How often does Home Depot pay dividends? What is the dividend yield for Home Depot?

Home Depot declared a quarterly dividend on Tuesday, May 19th. Shareholders 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 2.48%. The ex-dividend date of this dividend is Wednesday, June 3rd. View Home Depot's dividend history.

How will Home Depot's stock buyback program work?

Home Depot declared 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 shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 6.9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board believes its stock is undervalued.

What guidance has Home Depot issued on next quarter's earnings?

Home Depot issued an update on its FY21 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of ~$10.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $10.55. The company issued revenue guidance of +3.5-4.0% yr/yr to $114.1-114.6 billion, compared to the consensus revenue estimate of $114.91 billion.

What price target have analysts set for HD?

34 Wall Street analysts have issued 12 month target prices for Home Depot's shares. Their forecasts range from $215.00 to $270.00. On average, they anticipate Home Depot's share price to reach $251.72 in the next twelve months. This suggests a possible upside of 4.1% from the stock's current price. View analysts' price targets for Home Depot.

Has Home Depot been receiving favorable news coverage?

Media coverage about HD stock has been trending negative on Monday, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Home Depot earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media stories 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 effect on the stock's share price in the near term. View the latest news aboutHome Depot.

Are investors shorting Home Depot?

Home Depot saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 10,340,000 shares, an increase of 6.8% from the April 15th total of 9,680,000 shares. Based on an average daily volume of 6,720,000 shares, the short-interest ratio is presently 1.5 days. Approximately 1.0% of the shares of the company are short sold. View Home Depot's Current Options Chain.

Who are some of Home Depot's key competitors?

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.

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 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).

Who are Home Depot's key executives?

Home Depot's management team includes the following people:

Mr. Craig A. Menear, Chairman, CEO & Pres (Age 61)
Ms. Carol B. Tomé, CFO & Exec. VP of Corp. Services (Age 62)
Mr. Matthew A. Carey, Exec. VP & Chief Information Officer (Age 54)
Mr. Mark Q. Holifield, Exec. VP of Supply Chain & Product Devel. (Age 63)
Mr. Edward P. Decker, Exec. VP of Merchandising (Age 56)

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 State Street Corp (4.84%), Capital World Investors (3.02%), Wellington Management Group LLP (2.07%), Capital Research Global Investors (1.96%), Geode Capital Management LLC (1.58%) and Bank of New York Mellon Corp (0.94%). 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, Stephanie Linnartz, Teresa Wynn Roseborough, Timothy A Hourigan, Wayne M Hewett and William G Lennie. View institutional ownership trends for Home Depot.

Which major investors are selling Home Depot stock?

HD stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, Capital International Investors, Aristotle Capital Management LLC, Schroder Investment Management Group, Deutsche Bank AG, Johanson Financial Advisors Inc., Alliancebernstein L.P., and PGGM Investments. 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, Matt Carey, Teresa Wynn Roseborough, and William G Lennie. View insider buying and selling activity for Home Depot.

Which major investors are buying Home Depot stock?

HD stock was purchased by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Advisor Group Holdings Inc., Wellington Management Group LLP, Jennison Associates LLC, Swiss National Bank, Invesco Ltd., APG Asset Management N.V., and Massachusetts Financial Services Co. MA. Company insiders that have bought Home Depot stock in the last two years include Manuel Kadre, Mark C Vadon, Stephanie Linnartz, and Wayne M Hewett. View insider buying and selling activity for Home Depot.

How do I buy shares of 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.

What is Home Depot's stock price today?

One share of HD stock can currently be purchased for approximately $241.88.

How big of a company is Home Depot?

Home Depot has a market capitalization of $259.81 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.

What is Home Depot's official website?

The official website for Home Depot is www.homedepot.com.

How can I contact Home Depot?

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff