Research Analysts Issue Forecasts for Home Depot Q4 Earnings

The Home Depot, Inc. (NYSE:HD) – Stock analysts at Telsey Advisory Group reduced their Q4 2026 earnings per share estimates for Home Depot in a report issued on Tuesday, November 18th. Telsey Advisory Group analyst J. Feldman now expects that the home improvement retailer will earn $2.51 per share for the quarter, down from their previous estimate of $2.89. Telsey Advisory Group has a “Outperform” rating and a $430.00 price objective on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share.

Home Depot (NYSE:HD) last issued its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.83 by ($0.09). Home Depot had a net margin of 8.86% and a return on equity of 193.99%. The firm had revenue of $41.35 billion during the quarter, compared to the consensus estimate of $41.06 billion. During the same quarter in the previous year, the firm earned $3.78 earnings per share. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS.

HD has been the subject of several other research reports. BNP Paribas Exane reduced their target price on shares of Home Depot from $391.00 to $353.00 and set a “neutral” rating for the company in a research note on Wednesday. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research note on Tuesday. Oppenheimer increased their target price on Home Depot from $400.00 to $420.00 and gave the stock a “market perform” rating in a research report on Thursday, September 25th. HSBC cut their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a report on Wednesday. Finally, UBS Group decreased their price objective on Home Depot from $475.00 to $445.00 and set a “buy” rating on the stock in a research note on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $410.36.

Home Depot Trading Down 0.6%

Shares of HD opened at $332.50 on Friday. Home Depot has a fifty-two week low of $326.31 and a fifty-two week high of $439.37. The business has a 50-day moving average of $386.94 and a 200 day moving average of $381.13. The firm has a market cap of $330.97 billion, a P/E ratio of 22.59, a price-to-earnings-growth ratio of 3.59 and a beta of 1.00. The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.34 and a current ratio of 1.15.

Institutional Investors Weigh In On Home Depot

Several hedge funds have recently bought and sold shares of HD. Mainstay Capital Management LLC ADV bought a new position in Home Depot during the second quarter valued at approximately $263,000. WealthPlan Investment Management LLC bought a new stake in shares of Home Depot in the 2nd quarter worth approximately $1,149,000. Tower View Wealth Management LLC boosted its stake in shares of Home Depot by 4.3% in the 2nd quarter. Tower View Wealth Management LLC now owns 16,196 shares of the home improvement retailer’s stock valued at $5,938,000 after purchasing an additional 671 shares in the last quarter. Ransom Advisory Ltd bought a new position in shares of Home Depot during the 1st quarter valued at $3,851,000. Finally, Shell Asset Management Co. raised its position in Home Depot by 45.2% in the 2nd quarter. Shell Asset Management Co. now owns 48,175 shares of the home improvement retailer’s stock worth $17,663,000 after purchasing an additional 15,002 shares during the period. 70.86% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP William D. Bastek sold 2,303 shares of Home Depot stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $423.12, for a total transaction of $974,445.36. Following the completion of the sale, the executive vice president owned 24,235 shares in the company, valued at approximately $10,254,313.20. This trade represents a 8.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.10% of the company’s stock.

Home Depot Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $2.30 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $9.20 annualized dividend and a dividend yield of 2.8%. Home Depot’s dividend payout ratio (DPR) is presently 62.71%.

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.