Home Depot (NYSE:HD) Issues FY 2026 Earnings Guidance

Posted by George Bondi on May 19th, 2026

Home Depot (NYSE:HD – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 14.690-15.278 for the period, compared to the consensus EPS estimate of 15.050. The company issued revenue guidance of $168.8 billion-$172.1 billion, compared to the consensus revenue estimate of $171.2 billion.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Sanford C. Bernstein decreased their target price on Home Depot from $390.00 to $365.00 and set a “market perform” rating for the company in a research note on Thursday, May 14th. Morgan Stanley raised their target price on Home Depot from $412.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Oppenheimer decreased their target price on Home Depot from $405.00 to $310.00 and set a “market perform” rating for the company in a research note on Monday. KeyCorp reiterated a “sector weight” rating on shares of Home Depot in a research report on Wednesday, February 25th. Finally, Wolfe Research increased their price target on Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $401.34.

Check Out Our Latest Research Report on HD

Home Depot Trading Up 0.8%

NYSE:HD opened at $299.98 on Tuesday. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. Home Depot has a 1-year low of $296.88 and a 1-year high of $426.75. The firm has a market capitalization of $298.79 billion, a price-to-earnings ratio of 21.08, a price-to-earnings-growth ratio of 3.43 and a beta of 1.00. The stock has a fifty day simple moving average of $330.53 and a 200 day simple moving average of $353.57.

Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.42 by $0.01. Home Depot had a return on equity of 134.32% and a net margin of 8.60%.The business had revenue of $41.77 billion during the quarter, compared to analyst estimates of $41.59 billion. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Sell-side analysts forecast that Home Depot will post 15.03 earnings per share for the current year.

Home Depot Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 12th were paid a $2.33 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $9.32 annualized dividend and a yield of 3.1%. This is an increase from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is currently 65.50%.

Insider Transactions at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Trending Headlines about Home Depot

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

Positive Sentiment: Home Depot beat first-quarter sales and earnings expectations, showing demand held up better than expected. Home Depot beats quarterly sales estimates on steady demand
Positive Sentiment: The company reaffirmed its full-year outlook, easing fears that management would cut guidance ahead of the results. Home Depot’s stock rises as the full-year outlook was kept intact, a relief for worried investors
Positive Sentiment: Management pointed to resilient professional demand and smaller DIY repair projects, suggesting core customers are still spending despite inflation and weak consumer confidence. Home Depot says core shopper is resilient in the face of higher gas prices, sales rise 5%
Neutral Sentiment: Sales growth was modest, and comparable sales in the U.S. were only slightly positive, indicating the recovery in home improvement spending is still uneven. The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance
Negative Sentiment: Several pre-earnings reports highlighted weak housing demand, high borrowing costs, and cautious consumer spending, which remain headwinds for future growth. Home Depot Posts Lower Profit Amid Slow Home Improvement Activity
Negative Sentiment: Oppenheimer cut its price target to $310 from $405, reflecting more cautious expectations for the stock. Home Depot (NYSE:HD) Price Target Cut to $310.00 by Analysts at Oppenheimer

Institutional Investors Weigh In On Home Depot

Hedge funds have recently bought and sold shares of the business. Parvin Asset Management LLC lifted its stake in Home Depot by 110.0% in the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after acquiring an additional 33 shares in the last quarter. Advocate Investing Services LLC purchased a new stake in Home Depot in the 4th quarter worth about $25,000. Imprint Wealth LLC purchased a new stake in Home Depot in the 3rd quarter worth about $34,000. Triumph Capital Management purchased a new stake in Home Depot in the 3rd quarter worth about $40,000. Finally, Binnacle Investments Inc lifted its stake in Home Depot by 28.8% in the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer’s stock worth $52,000 after acquiring an additional 32 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Company Profile

(Get Free Report)

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.