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Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Closing prices for crude oil, gold and other commodities
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Pipeline break spills 45,000 gallons of diesel in Wyoming
"Prepare for Five Years of Famine" (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
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QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Closing prices for crude oil, gold and other commodities
2 Important Retail Stock Battles to Watch
Pipeline break spills 45,000 gallons of diesel in Wyoming
"Prepare for Five Years of Famine" (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
Closing prices for crude oil, gold and other commodities
2 Important Retail Stock Battles to Watch
Pipeline break spills 45,000 gallons of diesel in Wyoming
"Prepare for Five Years of Famine" (Ad)
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
Expanded IRS free-file system one step closer in Dems' bill
The Day of Financial Reckoning Is Near (Ad)

Home Depot - HD Stock Forecast, Price & News

$314.89
+4.20 (+1.35%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$310.18
$314.93
50-Day Range
$268.98
$314.89
52-Week Range
$264.51
$420.61
Volume
2.27 million shs
Average Volume
2.79 million shs
Market Capitalization
$323.63 billion
P/E Ratio
19.99
Dividend Yield
2.45%
Price Target
$366.00

Home Depot MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.81 Rating Score
Upside/​Downside
16.2% Upside
$366.00 Price Target
Short Interest
Healthy
0.77% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.92
Upright™ Environmental Score
News Sentiment
0.16mentions of Home Depot in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$3.29 M Sold Last Quarter
Proj. Earnings Growth
5.42%
From $16.42 to $17.31 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.95 out of 5 stars

Retail/Wholesale Sector

16th out of 221 stocks

Lumber & Other Building Materials Industry

1st out of 6 stocks

HD stock logo

About Home Depot (NYSE:HD) Stock

The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.

Wall Street Analyst Weigh In

HD has been the subject of several recent analyst reports. DA Davidson cut their price objective on Home Depot from $354.00 to $330.00 and set a "na" rating for the company in a report on Wednesday, May 18th. Wedbush cut their price objective on Home Depot from $340.00 to $320.00 and set a "neutral" rating for the company in a report on Wednesday, May 18th. OTR Global lowered Home Depot to a "positive" rating in a research note on Tuesday, May 10th. Citigroup upped their target price on Home Depot from $327.00 to $348.00 in a research note on Friday, May 20th. Finally, Raymond James cut their target price on Home Depot from $350.00 to $340.00 and set an "outperform" rating for the company in a research note on Wednesday, May 18th. Four research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $366.00.

Home Depot Stock Performance

Shares of Home Depot stock traded up $4.20 during midday trading on Friday, reaching $314.89. 2,234,936 shares of the company's stock traded hands, compared to its average volume of 4,474,747. The company has a market cap of $323.63 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 1.73 and a beta of 0.99. The stock has a 50 day moving average of $291.41 and a 200-day moving average of $309.46. Home Depot has a 12 month low of $264.51 and a 12 month high of $420.61.

Home Depot (NYSE:HD - Get Rating) last issued its quarterly earnings results on Tuesday, May 17th. The home improvement retailer reported $4.09 earnings per share for the quarter, topping the consensus estimate of $3.67 by $0.42. The company had revenue of $38.91 billion for the quarter, compared to analysts' expectations of $36.78 billion. Home Depot had a negative return on equity of 21,952.60% and a net margin of 10.83%. The firm's revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm earned $3.86 earnings per share. On average, equities analysts anticipate that Home Depot will post 16.42 earnings per share for the current fiscal year.

Home Depot Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 16th. Investors of record on Thursday, June 2nd were paid a $1.90 dividend. The ex-dividend date was Wednesday, June 1st. This represents a $7.60 annualized dividend and a yield of 2.41%. Home Depot's payout ratio is 48.25%.

Insider Buying and Selling

In other news, EVP Ann Marie Campbell sold 11,293 shares of the stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $288.03, for a total value of $3,252,722.79. Following the sale, the executive vice president now directly owns 51,175 shares of the company's stock, valued at $14,739,935.25. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other news, EVP Ann Marie Campbell sold 11,293 shares of the stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $288.03, for a total value of $3,252,722.79. Following the sale, the executive vice president now directly owns 51,175 shares of the company's stock, valued at $14,739,935.25. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Becker Caryn Seidman bought 1,500 shares of the business's stock in a transaction dated Monday, May 23rd. The stock was bought at an average cost of $287.73 per share, for a total transaction of $431,595.00. Following the completion of the purchase, the director now owns 1,500 shares of the company's stock, valued at approximately $431,595. The disclosure for this purchase can be found here. 0.17% of the stock is owned by insiders.

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HD Stock News Headlines

MarketBeat: Week in Review 8/8 - 8/12 (HD)
The market is moving higher with "better than expected" inflation news providing the fuel. Here are some stocks we believe you should look at this week
2 Important Retail Stock Battles to Watch (HD)
This upcoming week we will get to see another round in two of corporate America’s most intense battles. These quarterly updates...
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next
If you think our current cycle of conflict and chaos started when Russia invaded Ukraine, think again. This cycle actually began over 13 years ago with the most dangerous money-printing escapade of modern times … leading to one of the most sudden surges of inflation in 100 years. This is why Sean Brodrick and Martin Weiss have just held a series of emergency meetings exposing what investors can expect as this crisis unfolds.
Home Depot, Lowe's On Track To Grow 2022 Earnings
Home Depot and Lowe's are on track to grow earnings in 2022, but is either a buy right now? Both companies report quarterly results next week.
MarketBeat: Week in Review 7/25 – 7/29 (HD)
The markets are rallying as big tech earnings are lifting investors' spirits. Here are some of the stocks our analysts were looking at this week.
Home Depot: A Beautiful Boring Stock to Navigate a Bear Market
Home Depot reports earnings in August. So now is the time to look at the business to see if HD stock is a good choice for your portfolio at this time
Stop Day Trading - More Here
Jeff Clark - "I Never Worry About Where The Market Is Headed. I Only Trade One Stock". Learn More. pixel
Home Depot (NYSE:HD) PT Lowered to $311.00
Home Depot (NYSE:HD) Upgraded at StockNews.com
Home Depot Whale Trades Spotted
See More Headlines
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HD Company Calendar

Last Earnings
5/17/2022
Ex-Dividend for 6/16 Dividend
6/01/2022
Dividend Payable
6/16/2022
Today
8/13/2022
Next Earnings (Confirmed)
8/16/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Lumber & other building materials
Sub-Industry
Home Improvement Retail
CUSIP
43707610
Employees
490,600
Year Founded
1978

Price Target and Rating

Average Stock Price Forecast
$366.00
High Stock Price Forecast
$470.00
Low Stock Price Forecast
$285.00
Forecasted Upside/Downside
+16.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.81
Research Coverage
21 Analysts

Profitability

Net Income
$16.43 billion
Pretax Margin
14.32%
Return on Equity
-21,952.60%

Debt

Sales & Book Value

Annual Sales
$151.16 billion
Cash Flow
$18.73 per share
Book Value
($1.62) per share

Miscellaneous

Outstanding Shares
1,027,760,000
Free Float
1,026,008,000
Market Cap
$323.63 billion
Optionable
Optionable
Beta
0.99

Social Links















HD Stock - Frequently Asked Questions

Should I buy or sell Home Depot stock right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last year. There are currently 4 hold ratings and 17 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HD shares.
View HD analyst ratings
or view top-rated stocks.

What is Home Depot's stock price forecast for 2022?

21 brokers have issued twelve-month price targets for Home Depot's shares. Their HD share price forecasts range from $285.00 to $470.00. On average, they anticipate the company's stock price to reach $366.00 in the next year. This suggests a possible upside of 16.2% from the stock's current price.
View analysts price targets for HD
or view top-rated stocks among Wall Street analysts.

How have HD shares performed in 2022?

Home Depot's stock was trading at $415.01 on January 1st, 2022. Since then, HD stock has decreased by 24.1% and is now trading at $314.89.
View the best growth stocks for 2022 here
.

When is Home Depot's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
View our HD earnings forecast
.

How can I listen to Home Depot's earnings call?

Home Depot will be holding an earnings conference call on Tuesday, August 16th 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) issued its earnings results on Tuesday, May, 17th. The home improvement retailer reported $4.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.67 by $0.42. The home improvement retailer had revenue of $38.91 billion for the quarter, compared to analyst estimates of $36.78 billion. Home Depot had a negative trailing twelve-month return on equity of 21,952.60% and a net margin of 10.83%. The company's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.86 EPS.
Read the conference call transcript
.

How often does Home Depot pay dividends? What is the dividend yield for Home Depot?

Home Depot announced a quarterly dividend on Thursday, May 19th. Shareholders of record on Thursday, June 2nd will be paid a dividend of $1.90 per share on Thursday, June 16th. This represents a $7.60 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend is Wednesday, June 1st.
Read our dividend analysis for HD
.

Is Home Depot a good dividend stock?

Home Depot (NYSE:HD) pays an annual dividend of $7.60 per share and currently has a dividend yield of 2.45%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HD will have a dividend payout ratio of 43.91% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HD.

How will Home Depot's stock buyback program work?

Home Depot announced that its board has approved a stock buyback program 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 programs are generally an indication that the company's board believes its stock is undervalued.

What guidance has Home Depot issued on next quarter's earnings?

Home Depot updated its FY 2022 earnings guidance on Tuesday, June, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $155.69 billion-$155.69 billion, compared to the consensus revenue estimate of $153.93 billion.

What is Craig Menear's approval rating as Home Depot's CEO?

7,985 employees have rated Home Depot Chief Executive Officer Craig Menear on Glassdoor.com. Craig Menear has an approval rating of 84% among the company's employees.

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 retail and institutional investors. Top institutional shareholders include FMR LLC (1.30%), Northern Trust Corp (1.27%), Deutsche Bank AG (0.45%), Swiss National Bank (0.44%), Jennison Associates LLC (0.39%) and Sumitomo Mitsui Trust Holdings Inc. (0.33%). Insiders that own company stock include Ann Marie Campbell, Becker Caryn Seidman, Carol B Tome, 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
.

How do I buy shares of Home Depot?

Shares of HD stock 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 $314.89.

How much money does Home Depot make?

Home Depot (NYSE:HD) has a market capitalization of $323.63 billion and generates $151.16 billion in revenue each year. The home improvement retailer earns $16.43 billion in net income (profit) each year or $15.75 on an earnings per share basis.

How many employees does Home Depot have?

The company employs 490,600 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.
Read More

When was Home Depot founded?

Home Depot was founded in 1978.

How can I contact Home Depot?

Home Depot's mailing address is 2455 PACES FERRY ROAD, ATLANTA GA, 30339. The official website for the company is www.homedepot.com. The home improvement retailer can be reached via phone at (770) 433-8211, via email at investor_relations@homedepot.com, or via fax at 770-431-2707.

This page (NYSE:HD) was last updated on 8/13/2022 by MarketBeat.com Staff

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