Home Depot Stock Forecast, Price & News

Home Depot (NYSE:HD) Frequently Asked Questions

Is Home Depot a buy right now?

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 5 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Home Depot stock.
View analyst ratings for Home Depot or view top-rated stocks.

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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HD shares have increased by 67.4% and is now trading at $356.43.
View which stocks have been most impacted by COVID-19.

Are investors shorting Home Depot?

Home Depot saw a drop in short interest in the month of January. As of January 15th, there was short interest totaling 8,450,000 shares, a drop of 15.6% from the December 31st total of 10,010,000 shares. Based on an average daily trading volume, of 3,980,000 shares, the short-interest ratio is currently 2.1 days. Approximately 0.8% of the shares of the stock are short sold.
View Home Depot's Short Interest.

When is Home Depot's next earnings date?

Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 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, February 22nd 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) announced its earnings results on Tuesday, November, 16th. The home improvement retailer reported $3.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.41 by $0.51. The home improvement retailer had revenue of $36.82 billion for the quarter, compared to the consensus estimate of $34.87 billion. Home Depot had a trailing twelve-month return on equity of 786.90% and a net margin of 10.79%. Home Depot's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm posted $3.18 EPS.
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 Thursday, November 18th. Stockholders of record on Thursday, December 2nd will be given a dividend of $1.65 per share on Thursday, December 16th. This represents a $6.60 annualized dividend and a yield of 1.85%. The ex-dividend date is Wednesday, December 1st.
View Home Depot's dividend history.

Is Home Depot a good dividend stock?

Home Depot pays an annual dividend of $6.60 per share and currently has a dividend yield of 1.85%. Home Depot has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Home Depot is 44.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Home Depot will have a dividend payout ratio of 40.92% 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 approved a stock repurchase plan on Thursday, May 20th 2021, which allows the company to buyback $20,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 5.9% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

What price target have analysts set for HD?

23 equities research analysts have issued 1-year target prices for Home Depot's shares. Their forecasts range from $330.00 to $470.00. On average, they expect Home Depot's stock price to reach $421.29 in the next year. This suggests a possible upside of 18.2% from the stock's current price.
View analysts' price targets for Home Depot or view top-rated stocks among Wall Street analysts.

Who are Home Depot's key executives?

Home Depot's management team includes the following people:

• Craig A. Menear, Chairman & Chief Executive Officer (LinkedIn Profile)
• Ted Decker, President & Chief Operating Officer
• Richard V. McPhail, Chief Financial Officer & Executive Vice President (LinkedIn Profile)
• Matt Carey, Chief Information Officer & Executive VP (LinkedIn Profile)
• Fahim Siddiqui, Senior Vice President-Information Technology

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.

Who are some of Home Depot's key competitors?

Some companies that are related to Home Depot include Lowe's Companies (LOW), Builders FirstSource (BLDR), Floor & Decor (FND), Travis Perkins (TVPKF), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX) and Wisdom Homes of America (WOFA).
View all of HD's 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 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 variety of institutional and retail investors. Top institutional investors include Nordea Investment Management AB (0.15%), Brown Advisory Inc. (0.14%), New York State Teachers Retirement System (0.12%), Sarasin & Partners LLP (0.08%), Bessemer Group Inc. (0.07%) and Railway Pension Investments Ltd (0.06%). Company insiders that own Home Depot stock 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 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 Sarasin & Partners LLP, Moody National Bank Trust Division, Value Partners Investments Inc., M&G Investment Management Ltd., Russell Investments Group Ltd., Gulf International Bank UK Ltd, Royal London Asset Management Ltd., and International Assets Investment Management LLC. Company insiders that have sold Home Depot company stock in the last year include Craig A Menear, Hector A Padilla, Karen A Foster, Matt Carey, Richard V Mcphail, and Teresa Wynn Roseborough.
View insider buying and selling activity for Home Depot or view top insider-selling stocks.

Which major investors are buying Home Depot stock?

HD stock was acquired by a variety of institutional investors in the last quarter, including Stonnington Group LLC, National Bank of Canada FI, Brown Advisory Inc., Aries Wealth Management, Wolf Group Capital Advisors, CAPROCK Group Inc., Bessemer Group Inc., and Janney Montgomery Scott LLC.
View insider buying and selling activity for Home Depot or or view top insider-buying stocks.

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 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 $356.43.

How much money does Home Depot make?

Home Depot has a market capitalization of $372.20 billion and generates $132.11 billion in revenue each year. The home improvement retailer earns $12.87 billion in net income (profit) each year or $14.96 on an earnings per share basis.

How many employees does Home Depot have?

Home Depot employs 504,800 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.

When was Home Depot founded?

Home Depot was founded in 1978.

What is Home Depot's official website?

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

Where are Home Depot's headquarters?

Home Depot is headquartered at 2455 PACES FERRY ROAD, ATLANTA GA, 30339.

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, via email at [email protected], or via fax at 770-431-2707.