Home Depot (NYSE:HD) Releases FY 2025 Earnings Guidance

Home Depot (NYSE:HD) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 14.935-14.935 for the period, compared to the consensus estimate of 15.000. The company issued revenue guidance of $164.0 billion-$164.0 billion, compared to the consensus revenue estimate of $164.0 billion.

Home Depot Stock Performance

Shares of Home Depot stock opened at $370.71 on Thursday. The business’s fifty day simple moving average is $359.38 and its 200 day simple moving average is $387.66. The firm has a market capitalization of $368.50 billion, a P/E ratio of 25.18, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. Home Depot has a 12 month low of $323.77 and a 12 month high of $439.37. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65.

Home Depot (NYSE:HD) last issued its quarterly earnings results on Tuesday, May 20th. The home improvement retailer reported $3.56 EPS for the quarter, missing analysts’ consensus estimates of $3.59 by ($0.03). Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The business had revenue of $39.86 billion for the quarter, compared to the consensus estimate of $39.24 billion. During the same quarter last year, the business posted $3.63 earnings per share. The business’s revenue was up 9.4% compared to the same quarter last year. As a group, analysts anticipate that Home Depot will post 15.13 EPS for the current year.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th were given a $2.30 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.25. This represents a $9.20 dividend on an annualized basis and a yield of 2.48%. The ex-dividend date of this dividend was Thursday, March 13th. Home Depot’s dividend payout ratio (DPR) is currently 61.66%.

Analysts Set New Price Targets

A number of research firms have issued reports on HD. Mizuho decreased their target price on Home Depot from $450.00 to $435.00 and set an “outperform” rating for the company in a research report on Wednesday. Telsey Advisory Group reissued an “outperform” rating and issued a $455.00 target price on shares of Home Depot in a research report on Tuesday. JPMorgan Chase & Co. raised their target price on Home Depot from $410.00 to $418.00 and gave the stock an “overweight” rating in a research report on Wednesday. TD Securities reissued a “buy” rating and issued a $470.00 target price on shares of Home Depot in a research report on Wednesday. Finally, Gordon Haskett lifted their price target on Home Depot from $350.00 to $360.00 in a research report on Tuesday. Eight equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $427.92.

Institutional Investors Weigh In On Home Depot

A hedge fund recently raised its stake in Home Depot stock. Brighton Jones LLC boosted its holdings in shares of The Home Depot, Inc. (NYSE:HD) by 36.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,918 shares of the home improvement retailer’s stock after buying an additional 7,203 shares during the period. Brighton Jones LLC’s holdings in Home Depot were worth $10,471,000 as of its most recent SEC filing. Institutional investors own 70.86% of the company’s stock.

About Home Depot

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.