Home Depot Stock Forecast, Price & News

20 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 16 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Home Depot stock.
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20 analysts have issued 12-month price objectives for Home Depot's shares. Their HD stock forecasts range from $285.00 to $470.00. On average, they expect Home Depot's stock price to reach $369.82 in the next year. This suggests a possible upside of 35.5% from the stock's current price.
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Home Depot's stock was trading at $415.01 at the start of the year. Since then, HD shares have decreased by 34.2% and is now trading at $273.02.
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Home Depot is scheduled to release its next quarterly earnings announcement on Tuesday, August 16th 2022.
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The Home Depot, Inc. (NYSE:HD) released its quarterly earnings results on Tuesday, May, 17th. The home improvement retailer reported $4.09 EPS for the quarter, beating the consensus estimate of $3.67 by $0.42. The home improvement retailer had revenue of $38.91 billion for the quarter, compared to the consensus estimate of $36.78 billion. Home Depot had a negative trailing twelve-month return on equity of 21,952.16% and a net margin of 10.83%. The firm's revenue for the quarter was up 3.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.86 earnings per share.
View Home Depot's earnings history.

Home Depot declared 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 yield of 2.78%. The ex-dividend date is Wednesday, June 1st.
View Home Depot's dividend history.

Home Depot(NYSE:HD) pays an annual dividend of $7.60 per share and currently has a dividend yield of 2.69%. Home Depot 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 of Home Depot is 48.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Home Depot will have a dividend payout ratio of 43.45% next year. This indicates that Home Depot will be able to sustain or increase its dividend.
View Home Depot's dividend history.

Home Depot announced that its board has approved a stock buyback plan on Thursday, May 20th 2021, which permits the company to buyback $20,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 5.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board believes its shares are undervalued.

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.

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

Some companies that are related to Home Depot include Lowe's Companies (LOW), Builders FirstSource (BLDR), Builders FirstSource (BLDR), Floor & Decor (FND), LL Flooring (LL), Jewett-Cameron Trading (JCTCF), Latitude 360 (LATX), Travis Perkins (TVPKF) and Wisdom Homes of America (WOFA).
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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).

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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.03%), State Street Corp (4.41%), Capital World Investors (3.89%), Northern Trust Corp (1.30%), Wellington Management Group LLP (1.20%) and Charles Schwab Investment Management Inc. (1.04%). Company insiders that own Home Depot 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 for Home Depot.

HD stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Clearbridge Investments LLC, Wellington Management Group LLP, Invesco Ltd., Sarasin & Partners LLP, 1832 Asset Management L.P., Jennison Associates LLC, and Healthcare of Ontario Pension Plan Trust Fund. Company insiders that have sold Home Depot company stock in the last two years include Ann Marie Campbell, 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 insider buying and selling activity for Home Depot or view top insider-selling stocks.

HD stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Parnassus Investments LLC, Charles Schwab Investment Management Inc., Aaron Wealth Advisors LLC, Swiss National Bank, Arrowstreet Capital Limited Partnership, Capital International Investors, and Fisher Asset Management LLC.
View insider buying and selling activity for Home Depot or or view top insider-buying stocks.

Shares of HD 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.
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One share of HD stock can currently be purchased for approximately $273.02.

Home Depot (NYSE:HD) has a market capitalization of $280.60 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.

Home Depot employs 490,600 workers across the globe.

Home Depot was founded in 1978.

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