What is DA Davidson’s Estimate for Home Depot Q3 Earnings?

The Home Depot, Inc. (NYSE:HD) – Analysts at DA Davidson issued their Q3 2026 earnings per share estimates for Home Depot in a report released on Wednesday, August 20th. DA Davidson analyst M. Baker expects that the home improvement retailer will earn $3.70 per share for the quarter. DA Davidson has a “Buy” rating and a $450.00 price target on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. DA Davidson also issued estimates for Home Depot’s FY2026 earnings at $15.00 EPS.

A number of other brokerages also recently weighed in on HD. Evercore ISI set a $400.00 target price on shares of Home Depot and gave the stock an “outperform” rating in a research note on Thursday, May 22nd. Royal Bank Of Canada decreased their price target on Home Depot from $424.00 to $399.00 and set a “sector perform” rating for the company in a report on Thursday, May 15th. Jefferies Financial Group lowered their price objective on Home Depot from $461.00 to $456.00 in a research report on Tuesday, May 20th. Telsey Advisory Group restated an “outperform” rating and set a $455.00 target price on shares of Home Depot in a research report on Tuesday. Finally, TD Securities cut Home Depot to a “buy” rating in a research note on Monday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $432.52.

Home Depot Stock Down 1.1%

Home Depot stock opened at $397.45 on Thursday. The firm has a market cap of $395.43 billion, a price-to-earnings ratio of 27.00, a PEG ratio of 3.81 and a beta of 1.00. Home Depot has a 52-week low of $326.31 and a 52-week high of $439.37. The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.28 and a current ratio of 1.15. The firm has a 50 day moving average price of $373.34 and a two-hundred day moving average price of $371.56.

Home Depot (NYSE:HD) last issued its quarterly earnings data on Tuesday, August 19th. The home improvement retailer reported $4.68 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.69 by ($0.01). The company had revenue of $45.28 billion for the quarter, compared to the consensus estimate of $45.43 billion. Home Depot had a return on equity of 193.99% and a net margin of 8.86%.Home Depot’s revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business earned $4.60 earnings per share. Home Depot has set its FY 2025 guidance at 14.940-14.940 EPS.

Insiders Place Their Bets

In other Home Depot news, EVP Teresa Wynn Roseborough sold 5,406 shares of the stock in a transaction that occurred on Wednesday, May 28th. The stock was sold at an average price of $369.28, for a total value of $1,996,327.68. Following the transaction, the executive vice president owned 17,367 shares in the company, valued at approximately $6,413,285.76. This represents a 23.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.10% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Institutional investors have recently modified their holdings of the company. Pathway Financial Advisers LLC grew its holdings in shares of Home Depot by 2.9% during the second quarter. Pathway Financial Advisers LLC now owns 5,676 shares of the home improvement retailer’s stock valued at $2,081,000 after buying an additional 162 shares during the last quarter. Clarion Wealth Managment Partners LLC bought a new position in Home Depot in the 2nd quarter valued at about $1,888,000. Thompson Davis & CO. Inc. acquired a new position in Home Depot during the 2nd quarter valued at about $288,000. Monarch Capital Management Inc. increased its holdings in Home Depot by 0.3% during the 2nd quarter. Monarch Capital Management Inc. now owns 33,501 shares of the home improvement retailer’s stock worth $12,283,000 after purchasing an additional 85 shares in the last quarter. Finally, North Dallas Bank & Trust Co. bought a new stake in Home Depot during the 2nd quarter worth approximately $1,192,000. 70.86% of the stock is owned by institutional investors and hedge funds.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells 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, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.