Should I buy or sell Home Depot stock right now?

26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HD shares. View HD analyst ratings or view top-rated stocks .

What is Home Depot's stock price target for 2024?

26 brokers have issued 1-year target prices for Home Depot's stock. Their HD share price targets range from $310.00 to $440.00. On average, they predict the company's share price to reach $375.96 in the next year. This suggests a possible upside of 12.3% 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 2024?

Home Depot's stock was trading at $346.55 at the beginning of the year. Since then, HD shares have decreased by 3.4% and is now trading at $334.90. View the best growth stocks for 2024 here .

When is Home Depot's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. 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, May 14th 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) posted its earnings results on Tuesday, February, 20th. The home improvement retailer reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.05. The home improvement retailer earned $34.79 billion during the quarter, compared to the consensus estimate of $34.64 billion. Home Depot had a trailing twelve-month return on equity of 1,452.22% and a net margin of 9.92%. The company's revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.30 EPS. Read the conference call transcript .

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

Home Depot declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Thursday, March 7th will be paid a dividend of $2.25 per share on Thursday, March 21st. This represents a $9.00 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Wednesday, March 6th. This is a boost from the stock's previous quarterly dividend of $2.09. Read our dividend analysis for HD .

Is Home Depot a good dividend stock?

Home Depot (NYSE:HD) pays an annual dividend of $9.00 per share and currently has a dividend yield of 2.70%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 59.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HD will have a dividend payout ratio of 54.78% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HD .

What ETFs hold Home Depot's stock?

ETFs with the largest weight of Home Depot (NYSE:HD) stock in their portfolio include iShares U.S. Consumer Focused ETF (IEDI) , VanEck Retail ETF (RTH) , Consumer Discretionary Select Sector SPDR Fund (XLY) , ProShares Ultra Consumer Discretionary (UCC) , Vanguard Consumer Discretionary ETF (VCR) , Daily Consumer Discretionary Bull 3X (WANT) , Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Nationwide Dow Jones Risk-Managed Income ETF (NDJI) .

How will Home Depot's stock buyback program work?

Home Depot announced that its Board of Directors has initiated a stock buyback plan on Tuesday, August 15th 2023, which authorizes the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

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

Home Depot issued an update on its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of 15.260-15.260 for the period, compared to the consensus earnings per share estimate of 15.610. The company issued revenue guidance of $154.2 billion-$154.2 billion, compared to the consensus revenue estimate of $155.0 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) .

Who are Home Depot's major shareholders?

Home Depot's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.27%), Sarasin & Partners LLP (0.06%), Allspring Global Investments Holdings LLC (0.05%), Los Angeles Capital Management LLC (0.05%), Congress Asset Management Co. MA (0.04%) and Confluence Investment Management LLC (0.04%). Insiders that own company stock include Ann Marie Campbell , Becker Caryn Seidman , Craig A Menear , Edward P Decker , Fahim Siddiqui , Hector A Padilla , Karen A Foster, Kimberly R Scardino , Matt Carey , Paula Santilli , Richard V Mcphail , Teresa Wynn Roseborough , Timothy A Hourigan and William D Bastek . 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

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

Followed 186 TimesTop Followed Most-Upgraded StocksMost-Upgraded

NYSE:HD

Home Depot (HD) Stock Price, News & Analysis

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$334.27

+1.38 (+0.41%)

(As of 11:51 AM ET)

Compare

Today's Range: $333.33
▼
$335.87
50-Day Range: $332.83
▼
$395.21
52-Week Range: $274.26
▼
$396.87

Volume: 945,241 shs
Average Volume: 3.32 million shs
Market Capitalization: $331.27 billion

P/E Ratio: 22.14
Dividend Yield: 2.69%
Price Target: $375.96

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Home Depot MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.65 Rating Score
Upside/Downside: 12.3% Upside
$375.96 Price Target
Short Interest: Healthy
1.00% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.92
Upright™ Environmental Score
News Sentiment: 0.24
Based on 48 Articles This Week
Insider Trading: Selling Shares
$16.58 M Sold Last Quarter
Proj. Earnings Growth: 6.90%
From $15.37 to $16.43 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Retail/Wholesale Sector

20th out of 202 stocks

Lumber & Other Building Materials Industry

2nd out of 5 stocks

3.3

Analyst's Opinion

Consensus Rating
Home Depot has received a consensus rating of Moderate Buy. The company's average rating score is 2.65, and is based on 18 buy ratings, 7 hold ratings, and 1 sell rating.
Amount of Analyst Coverage
Home Depot has been the subject of 18 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
1.00% of the float of Home Depot has been sold short.
Short Interest Ratio / Days to Cover
Home Depot has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Home Depot has recently decreased by 5.00%, indicating that investor sentiment is improving.

4.2

Dividend Strength

Dividend Yield
Home Depot pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Home Depot has been increasing its dividend for 15 years.
Dividend Coverage
The dividend payout ratio of Home Depot is 59.60%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Home Depot will have a dividend payout ratio of 54.78% next year. This indicates that Home Depot will be able to sustain or increase its dividend.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Home Depot has received a 3.49% net impact score from Upright. Home Depot seems to create the most significant positive value in categories "Taxes", "Jobs", and "Meaning & joy". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "Physical retail of pet products at a furniture store", "Physical retail of gym equipment at a furniture store", "Physical retail of toys at a furniture store", "Online retail of home decorations", "Physical retail of gardening equipment at a home improvement store", and "Online retail of carpets" products. See details.
Environmental Sustainability
The Environmental Impact score for Home Depot is -1.92.

2.4

News and Social Media Coverage

News Sentiment
Home Depot has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 48 news articles for Home Depot this week, compared to 28 articles on an average week.
Search Interest
Only 84 people have searched for HD on MarketBeat in the last 30 days. This is a decrease of -21% compared to the previous 30 days.
MarketBeat Follows
187 people have added Home Depot to their MarketBeat watchlist in the last 30 days. This is an increase of 246% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Home Depot insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $16,583,073.00 in company stock.
Percentage Held by Insiders
Only 0.10% of the stock of Home Depot is held by insiders.
Percentage Held by Institutions
70.86% of the stock of Home Depot is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Home Depot are expected to grow by 6.90% in the coming year, from $15.37 to $16.43 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Home Depot is 22.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Home Depot is 22.18, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 21.64.
Price to Earnings Growth Ratio
Home Depot has a PEG Ratio of 2.22. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Home Depot has a P/B Ratio of 318.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Home Depot Stock (NYSE:HD)

Home Depot is a US-based multinational big-box retailer focusing on the home improvement market. It is the largest home improvement retailer in the US and has operations in all Canadian provinces, all Mexican states, Guam, Puerto Rico and the U.S. Virgin Islands. The company employs more than 490,000 individuals and brought in more than $150 billion in revenue for fiscal 2021.

Home Depot was founded in 1978 by five partners with a vision to become the largest home supply superstore. The company got its first financing with the aid of Ken Langone and opened its first two stores in 1979. By 1981 the company was going public with an IPO on the NASDAQ stock exchange that raised a whopping $4.1 million. The company switched its listing to the New York Stock Exchange in 1984 and has been traded there ever since.

1984 also brought the company’s first expansions outside its home territory of Georgia. By the end of the year, there were 19 Home Depots, and by 1989 it was indeed the largest home improvement retailer in the U.S. Not long after, to spur additional growth, the company added a line of product installation services that was very successful. That same year, in 1991, the company began making its first major acquisitions.

By 1995 Home Depot operated 350 stores across the contiguous US. It moved into the Mexican market in 2002 and opened its first landscape supply. In 2008 the company experienced its first decline in business due to the housing market bubble and subsequent economic recession, but the company was able to weather the storm. Growth was back on the table in 2013, and momentum has built since then.

Today, Home Depot operates a network of more than 3,500 stores in North America and adjacent territories. The company lists 35,000 products in-store with another 1 million online. In regard to eCommerce, Home Depot has been a leader in digital sales channels and launched its digital store in 2000, more than a decade ahead of many others in the retail industry. The company’s goal here is to provide a seamless experience between online and physical retail they call The One Home Depot strategy.

Home Depot is also a leader in customer-centric and employee-centric operations. The company’s guiding principle is illustrated by an inverted pyramid with customers at the top and the CEO at the bottom. In between are the front-line associates, field and customer support to make it all work. The company believes its total addressable market is worth $900 billion in annual sales, leaving plenty of room to continue growing. The near-term goal is to top $200 billion in annual sales, which will happen before 2030.

Home Depot’s mascot is Homer D. Poe. Homer D. Poe is a friendly-looking fellow wearing a cap that has been featured in Home Improvement advertising and merchandising materials for over three decades.

HD Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HD Stock News Headlines

April 17, 2024 | marketbeat.com

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Every cycle brings new opportunities; now that the Federal Reserve (the Fed) is looking to cut interest rates in 2024, the market could be getting ready to shift in a new direction. Banking stocks could be the first to move, as they are tied to the financial pulse of the economy.

April 2, 2024 | marketbeat.com

Low Interest Rates Can Help These Commercial Banks Rally Higher (HD)

Two banking stocks stood out as market favorites as lower interest rates could bring their valuations higher, overpaying for a good thing could be profitable

April 2, 2024 | marketbeat.com

Home Depot vs. Lowe's: The Home Improvement Stocks Heavyweights (HD)

Uncover the key differences between Home Depot and Lowe's to determine the better fit for your investment portfolio.

April 1, 2024 | marketbeat.com

Consumer Sentiment Highest Since 2021, 3 Stocks Leading the Way

The United States economy just entered into a new cycle. Because markets shift according to their six to nine-month expectations, three stocks in the consumer discretionary sector are leading the way in this new rotation.

April 1, 2024 | marketbeat.com

Consumer Sentiment Highest Since 2021, 3 Stocks Leading the Way (HD)

Consumer sentiment readings reached levels not seen since 2021, creating an opportunity for these three stocks to fill their gaps against the sector

April 19, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 28, 2024 | marketbeat.com

Home Depot buying supplier to professional contractors in a deal valued at about $18.25B

Home Depot is buying SRS Distribution, a materials provider for professionals, in a deal valued at approximately $18.25 billion

March 28, 2024 | marketbeat.com

Home Depot to buy supplier SRS Distribution for $18 billion, capitalizing on growing business with professional builders

April 19, 2024 | americanbankingnews.com

Home Depot (NYSE:HD) Rating Reiterated by Truist Financial

April 18, 2024 | benzinga.com

Home Depot's Options Frenzy: What You Need to Know

April 18, 2024 | investorplace.com

Forget Dividends, Buy These 3 Buyback Behemoths Instead

April 18, 2024 | finance.yahoo.com

Home Depot Primed For Bounce; How To Capitalize With Options

April 18, 2024 | finance.yahoo.com

The Home Depot Celebrates 15 Years of Retool Your School With Morehouse College

April 18, 2024 | investorplace.com

7 Dividend Growth Stocks to Buy Now: Q2 Edition

April 18, 2024 | americanbankingnews.com

Home Depot (NYSE:HD) Trading Down 0.9% After Analyst Downgrade

April 17, 2024 | cbsnews.com

Metro Detroit man accused of touching 11-year-old girl in Home Depot bathroom

April 17, 2024 | seekingalpha.com

Home Depot declines for seven straight sessions

April 17, 2024 | markets.businessinsider.com

Analysts Conflicted on These Consumer Cyclical Names: Cracker Barrel (CBRL), Home Depot (HD) and International Paper Co (IP)

April 17, 2024 | investorplace.com

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Sell These 3 Blue-Chip Stocks Before the Next Earnings Stumble

April 17, 2024 | 247wallst.com

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April 17, 2024 | americanbankingnews.com

Home Depot (NYSE:HD) Price Target Cut to $415.00 by Analysts at Evercore ISI

April 17, 2024 | americanbankingnews.com

Home Depot (NYSE:HD) Shares Down 0.7% After Analyst Downgrade

April 17, 2024 | yahoo.com

Home Depot employee gave Cobb contractors $18k in stolen merchandise, warrants show

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Ex-Dividend for 3/21 Dividend: 3/06/2024
Dividend Payable: 3/21/2024
Today: 4/19/2024
Next Earnings (Confirmed): 5/14/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Lumber & other building materials
Sub-Industry: Home Improvement Retail
Current Symbol: NYSE:HD
CUSIP: 43707610
CIK: 354950
Web: www.homedepot.com
Phone: (770) 433-8211
Fax: 770-431-2707
Employees: 509,300
Year Founded: 1978

Price Target and Rating

Average Stock Price Target: $375.96
High Stock Price Target: $440.00
Low Stock Price Target: $310.00
Potential Upside/Downside: +12.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.65
Research Coverage: 26 Analysts

Profitability

EPS (Most Recent Fiscal Year): $15.10
Trailing P/E Ratio: 22.05
Forward P/E Ratio: 21.66
P/E Growth: 2.22
Net Income: $15.14 billion
Net Margins: 9.92%
Pretax Margin: 13.05%
Return on Equity: 1,452.22%
Return on Assets: 19.87%

Debt

Debt-to-Equity Ratio: 40.94
Current Ratio: 1.35
Quick Ratio: 0.40

Sales & Book Value

Annual Sales: $152.67 billion
Price / Sales: 2.16
Cash Flow: $18.56 per share
Price / Cash Flow: 17.94
Book Value: $1.05 per share
Price / Book: 317.04

Miscellaneous

Outstanding Shares: 991,020,000
Free Float: 990,025,000
Market Cap: $329.90 billion
Optionable: Optionable
Beta: 0.98

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Key Executives

Mr. Edward P. Decker (Age 61)
Chairman, President & CEO
Comp: $3.77M
Mr. Richard V. McPhail (Age 53)
Executive VP & CFO
Comp: $1.67M
Ms. Teresa Wynn Roseborough (Age 65)
Executive VP, General Counsel & Corporate Secretary
Comp: $1.42M
Mr. Matthew A. Carey (Age 59)
Executive Vice President of Customer Experience
Comp: $1.66M
Ms. Ann-Marie Campbell (Age 58)
Senior Executive Vice President
Comp: $1.82M
Mr. Haydn Chilcott
Senior Vice President of Operations
Ms. Kimberly R. Scardino (Age 53)
SVP of Finance, Chief Accounting Officer & Controller
Mr. Fahim Siddiqui (Age 58)
Executive VP & Chief Information Officer
Ms. Isabel Janci
VP of Investor Relations & Treasurer
Sara Gorman
Senior Director of Corporate Communications

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

Should I Buy Home Depot Stock? HD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Home Depot:

Home Depot has shown consistent revenue growth over the past few quarters, indicating a strong financial performance.
The company offers a wide range of products and services, catering to both individual homeowners and professional contractors, diversifying its customer base.
With a strong focus on e-commerce, Home Depot has been able to capitalize on the growing trend of online shopping, enhancing its market reach.
Home Depot's stock price has been steadily increasing, reflecting positive investor sentiment and confidence in the company's future prospects.
The home improvement industry is expected to continue growing, presenting long-term opportunities for Home Depot to expand its market share and profitability.

Cons

Investors should be bearish about investing in Home Depot for these reasons:

Intense competition in the home improvement retail sector could potentially impact Home Depot's market position and margins.
Economic downturns or fluctuations in the housing market could lead to reduced consumer spending on home improvement products, affecting Home Depot's sales.
Changes in consumer preferences or trends towards DIY projects may impact demand for Home Depot's installation services, affecting a key revenue stream.
Supply chain disruptions or material cost increases could impact Home Depot's profitability and pricing strategies.
Regulatory changes or environmental concerns related to the lumber and building materials industry could pose challenges for Home Depot's operations and expansion plans.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, April 10, 2024. Please send any questions or comments about these Home Depot pros and cons to contact@marketbeat.com.

HD Stock Analysis - Frequently Asked Questions

Should I buy or sell Home Depot stock right now?: 26 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Home Depot in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HD shares.
View HD analyst ratings or view top-rated stocks.
What is Home Depot's stock price target for 2024?: 26 brokers have issued 1-year target prices for Home Depot's stock. Their HD share price targets range from $310.00 to $440.00. On average, they predict the company's share price to reach $375.96 in the next year. This suggests a possible upside of 12.3% 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 2024?: Home Depot's stock was trading at $346.55 at the beginning of the year. Since then, HD shares have decreased by 3.4% and is now trading at $334.90.
View the best growth stocks for 2024 here.
When is Home Depot's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
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, May 14th 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) posted its earnings results on Tuesday, February, 20th. The home improvement retailer reported $2.82 earnings per share for the quarter, beating the consensus estimate of $2.77 by $0.05. The home improvement retailer earned $34.79 billion during the quarter, compared to the consensus estimate of $34.64 billion. Home Depot had a trailing twelve-month return on equity of 1,452.22% and a net margin of 9.92%. The company's revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.30 EPS.
Read the conference call transcript.
How often does Home Depot pay dividends? What is the dividend yield for Home Depot?: Home Depot declared a quarterly dividend on Tuesday, February 20th. Shareholders of record on Thursday, March 7th will be paid a dividend of $2.25 per share on Thursday, March 21st. This represents a $9.00 annualized dividend and a yield of 2.69%. The ex-dividend date of this dividend is Wednesday, March 6th. This is a boost from the stock's previous quarterly dividend of $2.09.
Read our dividend analysis for HD.
Is Home Depot a good dividend stock?: Home Depot (NYSE:HD) pays an annual dividend of $9.00 per share and currently has a dividend yield of 2.70%. The company has been increasing its dividend for 15 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 59.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HD will have a dividend payout ratio of 54.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HD.

What ETFs hold Home Depot's stock?: ETFs with the largest weight of Home Depot (NYSE:HD) stock in their portfolio include iShares U.S. Consumer Focused ETF (IEDI), VanEck Retail ETF (RTH), Consumer Discretionary Select Sector SPDR Fund (XLY), ProShares Ultra Consumer Discretionary (UCC), Vanguard Consumer Discretionary ETF (VCR), Daily Consumer Discretionary Bull 3X (WANT), Fidelity MSCI Consumer Discretionary Index ETF (FDIS) and Nationwide Dow Jones Risk-Managed Income ETF (NDJI).
How will Home Depot's stock buyback program work?: Home Depot announced that its Board of Directors has initiated a stock buyback plan on Tuesday, August 15th 2023, which authorizes the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.6% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.
What guidance has Home Depot issued on next quarter's earnings?: Home Depot issued an update on its FY 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of 15.260-15.260 for the period, compared to the consensus earnings per share estimate of 15.610. The company issued revenue guidance of $154.2 billion-$154.2 billion, compared to the consensus revenue estimate of $155.0 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).
Who are Home Depot's major shareholders?: Home Depot's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (0.27%), Sarasin & Partners LLP (0.06%), Allspring Global Investments Holdings LLC (0.05%), Los Angeles Capital Management LLC (0.05%), Congress Asset Management Co. MA (0.04%) and Confluence Investment Management LLC (0.04%). Insiders that own company stock include Ann Marie Campbell, Becker Caryn Seidman, Craig A Menear, Edward P Decker, Fahim Siddiqui, Hector A Padilla, Karen A Foster, Kimberly R Scardino, Matt Carey, Paula Santilli, Richard V Mcphail, Teresa Wynn Roseborough, Timothy A Hourigan and William D Bastek.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
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.
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This page (NYSE:HD) was last updated on 4/19/2024 by MarketBeat.com Staff

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Home Depot (HD) Stock Price, News & Analysis

Home Depot MarketRank™ Stock Analysis

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About Home Depot Stock (NYSE:HD)

HD Stock Price History

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Should I Buy Home Depot Stock? HD Pros and Cons Explained

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HD Stock Analysis - Frequently Asked Questions

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