NYSE:HDHome Depot Stock Price, Forecast & News

Home Depot's stock was trading at $212.89 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HD stock has increased by 16.5% and is now trading at $247.96. 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) posted 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 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 in the prior year, the firm earned $2.27 earnings per share. View Home Depot's earnings history.

Home Depot declared a quarterly dividend on Tuesday, May 19th. Stockholders 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 2.42%. 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 initiated a stock 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 buy up to 6.9% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.

35 analysts have issued 12 month target prices for Home Depot's shares. Their forecasts range from $215.00 to $280.00. On average, they anticipate Home Depot's stock price to reach $255.28 in the next year. This suggests a possible upside of 3.0% from the stock's current price. View analysts' price targets for Home Depot.

News stories about HD stock have trended neutral this week, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Home Depot earned a news impact score of 0.5 on InfoTrie's scale. They also gave news stories about the home improvement retailer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Home Depot.

Home Depot saw a decrease in short interest during 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 presently 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 number of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.11%), State of Alaska Department of Revenue (0.02%), DNB Asset Management AS (0.01%), Hexavest Inc. (0.01%), Confluence Investment Management LLC (0.01%) and Rockland Trust Co. (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., Rockland Trust Co., and Legacy Private Trust Co.. 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 acquired 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, Sanders Morris Harris LLC, and DNB Asset Management AS. 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 $247.96.

Home Depot has a market capitalization of $266.69 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]