Should I buy or sell Home Depot stock right now?

26 Wall Street 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 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 Wall Street research analysts have issued twelve-month price objectives for Home Depot's stock. Their HD share price targets range from $310.00 to $440.00. On average, they expect the company's stock price to reach $375.96 in the next twelve months. 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 2024. Since then, HD stock has decreased by 3.4% and is now trading at $334.86. 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) issued its quarterly earnings data on Tuesday, February, 20th. The home improvement retailer reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.77 by $0.05. The home improvement retailer had revenue of $34.79 billion for the quarter, compared to analysts' expectations of $34.64 billion. Home Depot had a net margin of 9.92% and a trailing twelve-month return on equity of 1,339.65%. The company's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the prior 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 announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Thursday, March 7th will be given a dividend of $2.25 per share on Thursday, March 21st. This represents a $9.00 dividend on an annualized basis and a dividend 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 2.62%. 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 Global X Dow 30 Covered Call ETF (DJIA) .

How will Home Depot's stock buyback program work?

Home Depot declared that its Board of Directors has initiated a stock buyback plan on Tuesday, August 15th 2023, which permits the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership 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 EPS guidance of 15.260-15.260 for the period, compared to the consensus 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 Sarasin & Partners LLP (0.06%), Los Angeles Capital Management LLC (0.05%), Congress Asset Management Co. MA (0.04%), Confluence Investment Management LLC (0.04%), AMF Tjanstepension AB (0.04%) and Gateway Investment Advisers LLC (0.03%). 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 180 TimesTop Followed Most-Upgraded StocksMost-Upgraded

NYSE:HD

Home Depot (HD) Stock Price, News & Analysis

→ Can't believe it's happening again (From Manward Press) (Ad)

Free HD Stock Alerts

$334.83

-3.10 (-0.92%)

(As of 04/16/2024 ET)

Compare

Today's Range: $332.96
▼
$338.11
50-Day Range: $337.93
▼
$395.21
52-Week Range: $274.26
▼
$396.87

Volume: 4.50 million shs
Average Volume: 3.34 million shs
Market Capitalization: $331.82 billion

P/E Ratio: 22.17
Dividend Yield: 2.69%
Price Target: $376.35

Get Home Depot alerts:

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: 0.42
Based on 42 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.

4.83 out of 5 stars

Retail/Wholesale Sector

22nd out of 196 stocks

Lumber & Other Building Materials Industry

1st 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 2.62%, 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.

2.5

News and Social Media Coverage

News Sentiment
Home Depot has a news sentiment score of 0.42. 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 0.57 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 42 news articles for Home Depot this week, compared to 28 articles on an average week.
Search Interest
Only 86 people have searched for HD on MarketBeat in the last 30 days. This is a decrease of -20% compared to the previous 30 days.
MarketBeat Follows
182 people have added Home Depot to their MarketBeat watchlist in the last 30 days. This is an increase of 231% 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.

1.9

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 139.16.
Price to Earnings Ratio vs. Sector
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 Retail/Wholesale sector average P/E ratio of about 25.26.
Price to Earnings Growth Ratio
Home Depot has a PEG Ratio of 2.28. 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 318.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Gold Safe Exchange

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

Click here now to download the free Precious Metals Buying Guide!

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 4, 2024 | marketbeat.com

Consumer Spending and Sentiment Rises: Time to Buy the XLY?

The consumer discretionary sector ETF (XLY) has emerged as a promising opportunity as consumer sentiment and spending are increasing.

April 2, 2024 | marketbeat.com

Low Interest Rates Can Help These Commercial Banks Rally Higher

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 16, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

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

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

April 16, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 28, 2024 | marketbeat.com

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

April 16, 2024 | msn.com

Home Depot loss prevention officer among 3 arrested in massive retail theft ring: MDPD

April 16, 2024 | benzinga.com

A Glimpse Into The Expert Outlook On Home Depot Through 23 Analysts

April 16, 2024 | americanbankingnews.com

Home Depot (NYSE:HD) Rating Lowered to Hold at StockNews.com

April 15, 2024 | seekingalpha.com

Home Depot Stock: A Deep Dive Finds A Neutral View

April 15, 2024 | finance.yahoo.com

Does Lowe’s Companies (LOW) Have Attractive Valuation?

April 15, 2024 | fool.com

Looking to Buy Home Depot Stock? This Might Be Its 1 Secret to Success

April 14, 2024 | fool.com

1 Stock That Turned $1,000 Into $30 Million

April 14, 2024 | nasdaq.com

Home Depot Enters Oversold Territory (HD)

April 14, 2024 | americanbankingnews.com

Home Depot (NYSE:HD) Trading Down 0.9%

April 14, 2024 | americanbankingnews.com

The Home Depot, Inc. (NYSE:HD) Receives Average Recommendation of "Moderate Buy" from Brokerages

April 13, 2024 | msn.com

ASU awarded Campus Improvement Grant from Home Depot

April 13, 2024 | msn.com

The Best Rated Ryobi Tools You Can Get At Home Depot

April 13, 2024 | msn.com

Home Depot collaborates with non-profit for local veteran's home makeover

April 12, 2024 | finance.yahoo.com

Home Depot (HD) Stock Moves -1.3%: What You Should Know

April 12, 2024 | msn.com

Day laborer's alleged arrest sparks protest at New Rochelle Home Depot

April 12, 2024 | prnewswire.com

The Home Depot Announces 2024 Retool Your School Winners

April 11, 2024 | msn.com

The Home Depot Spring Black Friday Sale Is Here to Upgrade Your Kitchen, Backyard *and* Garden for Way Less

See More Headlines

Receive HD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Home Depot and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/20/2024
Ex-Dividend for 3/21 Dividend: 3/06/2024
Dividend Payable: 3/21/2024
Today: 4/16/2024
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: $376.35
High Stock Price Target: $440.00
Low Stock Price Target: $310.00
Potential Upside/Downside: +11.4%
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: 22.38
Forward P/E Ratio: 21.99
P/E Growth: 2.28
Net Income: $15.14 billion
Net Margins: 9.92%
Pretax Margin: 13.05%
Return on Equity: 1,339.65%
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: 2.19
Cash Flow: $18.29 per share
Price / Cash Flow: 18.48
Book Value: $1.05 per share
Price / Book: 321.84

Miscellaneous

Outstanding Shares: 991,020,000
Free Float: 990,025,000
Market Cap: $334.90 billion
Optionable: Optionable
Beta: 0.98

Social Links

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

Mr. Edward P. Decker (Age 61)
Chairman, President & CEO
Comp: $4.32M
Mr. Richard V. McPhail (Age 52)
Executive VP & CFO
Comp: $1.83M
Mr. Matthew A. Carey (Age 59)
Executive Vice President of Customer Experience
Comp: $1.81M
Ms. Ann-Marie Campbell (Age 58)
Senior Executive Vice President
Comp: $1.87M
Ms. Angie Brown
Senior Vice President of Technology
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
Ms. Teresa Wynn Roseborough (Age 65)
Executive VP, General Counsel & Corporate Secretary

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 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 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 Wall Street research analysts have issued twelve-month price objectives for Home Depot's stock. Their HD share price targets range from $310.00 to $440.00. On average, they expect the company's stock price to reach $375.96 in the next twelve months. 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 2024. Since then, HD stock has decreased by 3.4% and is now trading at $334.86.
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) issued its quarterly earnings data on Tuesday, February, 20th. The home improvement retailer reported $2.82 earnings per share for the quarter, topping analysts' consensus estimates of $2.77 by $0.05. The home improvement retailer had revenue of $34.79 billion for the quarter, compared to analysts' expectations of $34.64 billion. Home Depot had a net margin of 9.92% and a trailing twelve-month return on equity of 1,339.65%. The company's revenue for the quarter was down 2.9% on a year-over-year basis. During the same period in the prior 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 announced a quarterly dividend on Tuesday, February 20th. Stockholders of record on Thursday, March 7th will be given a dividend of $2.25 per share on Thursday, March 21st. This represents a $9.00 dividend on an annualized basis and a dividend 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 2.62%. 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 Global X Dow 30 Covered Call ETF (DJIA).
How will Home Depot's stock buyback program work?: Home Depot declared that its Board of Directors has initiated a stock buyback plan on Tuesday, August 15th 2023, which permits the company to buyback $15,000,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.6% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership 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 EPS guidance of 15.260-15.260 for the period, compared to the consensus 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 Sarasin & Partners LLP (0.06%), Los Angeles Capital Management LLC (0.05%), Congress Asset Management Co. MA (0.04%), Confluence Investment Management LLC (0.04%), AMF Tjanstepension AB (0.04%) and Gateway Investment Advisers LLC (0.03%). 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

This page (NYSE:HD) was last updated on 4/16/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Home Depot (HD) Stock Price, News & Analysis

Home Depot MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Home Depot Stock (NYSE:HD)

HD Stock Price History

HD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

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

Pros

Cons

HD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™