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

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

Home Depot declared a quarterly dividend on Tuesday, February 25th. Shareholders of record on Thursday, March 12th will be given a dividend of $1.50 per share on Thursday, March 26th. This represents a $6.00 annualized dividend and a yield of 2.75%. The ex-dividend date is Wednesday, March 11th. This is a boost from Home Depot's previous quarterly dividend of $1.36. View Home Depot's Dividend History.

Home Depot announced that its Board of Directors has authorized a share repurchase plan on Tuesday, February 26th 2019, which authorizes the company to buyback $15,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 6.9% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management believes its stock is undervalued.

Home Depot Inc (NYSE:HD) announced its quarterly earnings results on Tuesday, February, 25th. The home improvement retailer reported $2.28 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $2.11 by $0.17. The home improvement retailer earned $25.78 billion during the quarter, compared to analyst estimates of $25.78 billion. Home Depot had a negative return on equity of 599.49% and a net margin of 10.20%. Home Depot's quarterly revenue was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.25 EPS. View Home Depot's Earnings History.

Home Depot is scheduled to release their next quarterly earnings announcement on Tuesday, May 19th 2020. View Earnings Estimates for Home Depot.

Home Depot updated 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 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 analysts have issued 1-year price targets for Home Depot's shares. Their forecasts range from $215.00 to $270.00. On average, they expect Home Depot's stock price to reach $248.56 in the next twelve months. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Home Depot.

30 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 1 sell rating, 12 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Home Depot.

Press coverage about HD stock has trended very negative on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to 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, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Home Depot.

Home Depot saw a drop in short interest in the month of January. As of January 31st, there was short interest totalling 9,470,000 shares, a drop of 8.2% from the January 15th total of 10,320,000 shares. Based on an average daily trading volume, of 4,810,000 shares, the short-interest ratio is presently 2.0 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 NVIDIA (NVDA), Walt Disney (DIS), Alibaba Group (BABA), Visa (V), Cisco Systems (CSCO), AT&T (T), Johnson & Johnson (JNJ), Boeing (BA), JPMorgan Chase & Co. (JPM) and Intel (INTC).

Home Depot's stock is owned by many different of institutional and retail investors. Top institutional investors 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 Bank of New York Mellon Corp (0.89%). Company insiders that own Home Depot stock include Ann Marie Campbell, Armando M Codina, Carol B Tome, Craig A Menear, Edward P Decker, Gregory D Brenneman, 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, Mark Holifield, Matt Carey, Teresa Wynn Roseborough, Timothy A Hourigan and William G Lennie. View Insider Buying and Selling for Home Depot.

HD stock was acquired by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Johanson Financial Advisors Inc., Amundi Pioneer Asset Management Inc., Geode Capital Management LLC, Marshall Wace LLP, Hexavest Inc., Charles Schwab Investment Management Inc. and Point72 Asset Management L.P.. Company insiders that have bought Home Depot stock in the last two years include Armando M Codina, Gregory D Brenneman, Manuel Kadre, Mark C Vadon, Stephanie Linnartz and Wayne M Hewett. View Insider Buying and Selling 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 $218.25.

Home Depot has a market capitalization of $238.07 billion and generates $110.23 billion in revenue each year. The home improvement retailer earns $11.12 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]