Q1 EPS Estimates for Home Depot Decreased by Zacks Research

The Home Depot, Inc. (NYSE:HD) – Equities researchers at Zacks Research lowered their Q1 2027 EPS estimates for shares of Home Depot in a report issued on Tuesday, March 10th. Zacks Research analyst Team now expects that the home improvement retailer will earn $3.42 per share for the quarter, down from their prior estimate of $3.68. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Zacks Research also issued estimates for Home Depot’s Q2 2027 earnings at $4.73 EPS, Q3 2027 earnings at $4.00 EPS, Q4 2027 earnings at $2.86 EPS, FY2027 earnings at $15.01 EPS, Q1 2028 earnings at $3.81 EPS, Q2 2028 earnings at $5.11 EPS, Q3 2028 earnings at $4.35 EPS, Q4 2028 earnings at $3.12 EPS, FY2028 earnings at $16.39 EPS and FY2029 earnings at $17.69 EPS.

Other research analysts have also recently issued reports about the company. Weiss Ratings restated a “hold (c+)” rating on shares of Home Depot in a research note on Monday, December 29th. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research report on Tuesday, November 18th. Gordon Haskett raised their price target on shares of Home Depot from $330.00 to $370.00 and gave the stock a “hold” rating in a research report on Wednesday, February 11th. The Goldman Sachs Group decreased their price objective on shares of Home Depot from $413.00 to $409.00 in a research note on Wednesday, February 25th. Finally, Wolfe Research upped their price objective on shares of Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Twenty research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $416.00.

Home Depot Stock Down 1.8%

Home Depot stock opened at $350.90 on Wednesday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The business’s 50-day simple moving average is $374.05 and its two-hundred day simple moving average is $377.56. The company has a market cap of $349.32 billion, a PE ratio of 24.66, a PEG ratio of 12.84 and a beta of 1.09. Home Depot has a fifty-two week low of $326.31 and a fifty-two week high of $426.75.

Home Depot (NYSE:HD) last announced its quarterly earnings data on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating analysts’ consensus estimates of $2.52 by $0.20. The firm had revenue of $38.20 billion for the quarter, compared to analyst estimates of $38.01 billion. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $3.13 earnings per share. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Silphium Asset Management Ltd grew its holdings in Home Depot by 77.2% during the 3rd quarter. Silphium Asset Management Ltd now owns 13,544 shares of the home improvement retailer’s stock valued at $5,488,000 after purchasing an additional 5,900 shares in the last quarter. West Family Investments Inc. increased its stake in Home Depot by 65.6% during the 2nd quarter. West Family Investments Inc. now owns 3,630 shares of the home improvement retailer’s stock worth $1,331,000 after buying an additional 1,438 shares during the period. Truist Financial Corp lifted its holdings in Home Depot by 0.3% in the 3rd quarter. Truist Financial Corp now owns 1,095,113 shares of the home improvement retailer’s stock worth $443,729,000 after buying an additional 3,608 shares in the last quarter. Asset Management One Co. Ltd. boosted its position in Home Depot by 2.3% in the 3rd quarter. Asset Management One Co. Ltd. now owns 534,564 shares of the home improvement retailer’s stock valued at $216,600,000 after buying an additional 12,239 shares during the last quarter. Finally, Atlantic Union Bankshares Corp boosted its position in Home Depot by 59.9% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 107,438 shares of the home improvement retailer’s stock valued at $43,533,000 after buying an additional 40,232 shares during the last quarter. 70.86% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Home Depot

In other Home Depot news, EVP Teresa Wynn Roseborough sold 2,872 shares of Home Depot stock in a transaction on Friday, December 26th. The shares were sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the transaction, the executive vice president owned 13,196 shares of the company’s stock, valued at approximately $4,599,069.92. The trade was a 17.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the transaction, the executive vice president owned 3,941 shares of the company’s stock, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 7,368 shares of company stock worth $2,637,567. 0.10% of the stock is owned by company insiders.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.7%. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date of this dividend is Thursday, March 12th. Home Depot’s payout ratio is currently 64.65%.

Key Headlines Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Launched real‑time delivery tracker for Pro customers — improves service/visibility for contractor buyers and could strengthen higher‑margin pro sales and retention. Home Depot launches game-changing feature for certain customers
• Positive Sentiment: Big‑ticket (>$1,000) sales rising as Pro demand lifts average ticket — suggests strength in professional customers even as transaction counts fall, supporting margin recovery and higher AOV. Home Depot Sees Higher Big Ticket Sales: Is Pro Demand Driving Growth?
• Positive Sentiment: Home Depot Foundation expands Path to Pro grants ($1M initial) to fund trades training — long‑term move to alleviate skilled labor shortages that support pro demand and product/service sales down the road. The Home Depot Foundation Helps Revitalize “Shop Class” with Nationwide Grants
• Neutral Sentiment: 15‑year ownership return analysis — useful context for long‑term investors but not an immediate catalyst. Here’s How Much You Would Have Made Owning Home Depot Stock in the Last 15 Years
• Neutral Sentiment: Minor insider sale disclosure — Senator Sheldon Whitehouse reported a small sale (~$5k) of HD stock; immaterial but noted by markets. Recent Filing Shows That Sen. Sheldon Whitehouse Sold Over $5K Worth of Home Depot Stock
• Negative Sentiment: Zacks Research cut multiple near‑term EPS estimates and maintains a “Hold” — analysts trimmed Q1–Q4 and FY2027–FY2028 forecasts, signaling weaker near‑term earnings expectations. MarketBeat: The Home Depot, Inc. analyst notes
• Negative Sentiment: Market commentary and political noise pressured sentiment — coverage noted slides in HD tied to weak housing turnover, cautious consumers and attribution to macro/policy narratives. These narratives can amplify near‑term share weakness. “Drive the Economy”: Home Depot Stock Slides as Former CEO Backs Trump Energy Plan
• Negative Sentiment: Recent market pieces highlight a ~8% one‑month slide — underscores investor caution around housing turnover and consumer spending. Home Depot Slides 8% in a Month: A Buy Opportunity or Warning Sign?

About Home Depot

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.