NYSE:HD - Home Depot Stock Price, Forecast & News

Home Depot's stock was trading at $212.89 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HD shares have decreased by 10.5% and is now trading at $190.55. View which stocks have been mosted impacted by Coronavirus.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 1 sell rating, 9 hold ratings, 19 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, May 19th 2020. View our earnings forecast for Home Depot.

Home Depot will be holding an earnings conference call on Tuesday, May 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Home Depot Inc (NYSE:HD) released its quarterly earnings data on Tuesday, February, 25th. The home improvement retailer reported $2.28 EPS for the quarter, beating the consensus estimate of $2.11 by $0.17. The home improvement retailer had revenue of $25.78 billion for the quarter, compared to analyst estimates of $25.78 billion. Home Depot had a net margin of 10.20% and a negative return on equity of 599.49%. Home Depot's revenue for the quarter was down 2.7% on a year-over-year basis. During the same period in the previous year, the firm posted $2.25 earnings per share. View Home Depot's earnings history.

Home Depot declared a quarterly dividend on Tuesday, February 25th. Stockholders of record on Thursday, March 12th will be paid a dividend of $1.50 per share on Thursday, March 26th. This represents a $6.00 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Home Depot's previous quarterly dividend of $1.36. View Home Depot's dividend history.

Home Depot announced that its board has initiated a share buyback plan on Tuesday, February 26th 2019, which allows the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 6.9% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

Home Depot issued an update on its FY21 earnings guidance on Tuesday, February, 25th. The company provided earnings per share 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.

30 equities research analysts have issued 12 month target prices for Home Depot's stock. Their forecasts range from $195.00 to $270.00. On average, they anticipate Home Depot's stock price to reach $243.67 in the next year. This suggests a possible upside of 27.9% from the stock's current price. View analysts' price targets for Home Depot.

News stories about HD stock have trended negative this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Home Depot earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the home improvement retailer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutHome Depot.

Home Depot saw a increase in short interest in March. As of March 13th, there was short interest totaling 9,863,600 shares, an increase of 15.5% from the February 27th total of 8,540,000 shares. Based on an average daily volume of 5,070,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.9% of the company's stock 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), 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).

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), Visa (V), Cisco Systems (CSCO), Johnson & Johnson (JNJ), Boeing (BA), Intel (INTC) and JPMorgan Chase & Co. (JPM).

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

Home Depot's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include State Street Corp (4.78%), Capital World Investors (3.61%), FMR LLC (1.81%), Geode Capital Management LLC (1.54%), Capital Research Global Investors (1.50%) and Norges Bank (1.07%). 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, FMR LLC, Fred Alger Management LLC, Jennison Associates LLC, 1832 Asset Management L.P., PGGM Investments, Bank of New York Mellon Corp, and Artemis Investment Management LLP. 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, Timothy A Hourigan, and William G Lennie. View insider buying and selling activity for Home Depot.

HD stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, AQR Capital Management LLC, Johanson Financial Advisors Inc., Amundi Pioneer Asset Management Inc., Geode Capital Management LLC, Marshall Wace LLP, Hexavest Inc., and Charles Schwab Investment Management Inc.. 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 $190.55.

Home Depot has a market capitalization of $207.86 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 413,000 workers across the globe. View additional information about Home Depot.

The official website for Home Depot is http://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]