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 (WHO). Since then, HD stock has increased by 16.7% and is now trading at $248.48. View which stocks have been most impacted by Coronavirus.

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.

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 results on Tuesday, May, 19th. The home improvement retailer reported $2.08 earnings per share 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 analyst estimates of $27.59 billion. Home Depot had a net margin of 9.79% and a negative return on equity of 496.11%. Home Depot's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business posted $2.27 earnings per share. 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 paid a dividend of $1.50 per share on Thursday, June 18th. This represents a $6.00 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date is Wednesday, June 3rd. View Home Depot's dividend history.

Home Depot declared that its board has authorized a stock repurchase program 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 stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

34 brokerages have issued twelve-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 year. This suggests a possible upside of 1.3% from the stock's current price. View analysts' price targets for Home Depot.

News articles about HD stock have trended very negative this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Home Depot earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines 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 impact on the stock's share price in the next several days. View the latest news aboutHome Depot.

Home Depot saw a increase in short interest in 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 trading volume, of 6,720,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.0% of the shares of the company 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), Builders FirstSource (BLDR), BMC Stock (BMCH), Lumber Liquidators (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX), Travis Perkins (TVPKF) 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 many different 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.

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.

HD stock was acquired 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.

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 $248.48.

Home Depot has a market capitalization of $267.25 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]