The Home Depot, Inc. (NYSE:HD – Free Report) – Equities research analysts at Erste Group Bank dropped their FY2027 EPS estimates for shares of Home Depot in a report issued on Friday, June 5th. Erste Group Bank analyst S. Lingnau now forecasts that the home improvement retailer will post earnings of $14.98 per share for the year, down from their prior forecast of $15.00. The consensus estimate for Home Depot’s current full-year earnings is $15.01 per share. Erste Group Bank also issued estimates for Home Depot’s FY2028 earnings at $16.16 EPS.
Home Depot (NYSE:HD – Get Free Report) last released its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 EPS for the quarter, topping analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business had revenue of $41.77 billion during the quarter, compared to analysts’ expectations of $41.59 billion. During the same quarter in the previous year, the company earned $3.56 EPS. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS.
View Our Latest Stock Report on Home Depot
Home Depot Price Performance
HD stock opened at $319.80 on Thursday. The company has a debt-to-equity ratio of 3.23, a current ratio of 1.04 and a quick ratio of 0.28. Home Depot has a one year low of $289.10 and a one year high of $426.75. The stock has a market cap of $318.88 billion, a PE ratio of 22.71, a P/E/G ratio of 3.71 and a beta of 0.97. The firm has a 50 day simple moving average of $322.51 and a two-hundred day simple moving average of $347.29.
Institutional Investors Weigh In On Home Depot
Several institutional investors have recently added to or reduced their stakes in the company. Advocate Investing Services LLC purchased a new stake in shares of Home Depot in the 4th quarter worth about $25,000. Parvin Asset Management LLC lifted its position in shares of 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 purchasing an additional 33 shares during the period. Cache Advisors LLC purchased a new stake in shares of Home Depot in the 1st quarter worth about $27,000. Key Capital Management INC purchased a new stake in shares of Home Depot in the 4th quarter worth about $28,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in shares of Home Depot in the 1st quarter worth about $28,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.
Home Depot Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th will be given a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $9.32 annualized dividend and a yield of 2.9%. Home Depot’s dividend payout ratio is presently 66.19%.
Key Headlines Impacting Home Depot
Here are the key news stories impacting Home Depot this week:
- Positive Sentiment: Analysts and commentators are highlighting Home Depot as a high-quality long-term compounder with a strong competitive moat, which can support buying interest on weakness. Home Depot’s Expansion Play: Building Scale or Growth Story?
- Positive Sentiment: Coverage is focused on Home Depot’s Pro expansion strategy, including recent acquisitions such as Mingledorff’s, SRS, and GMS, which could deepen its contractor/logistics platform and expand cross-selling opportunities. Home Depot’s Expansion Play: Building Scale or Growth Story?
- Positive Sentiment: Jim Cramer said Home Depot looks like “a good level,” which may encourage dip-buying from retail investors and traders. Jim Cramer on Home Depot: “I Think That This Is a Good Level”
- Positive Sentiment: Home Depot continues to draw “buy” and “outperform” calls from Wall Street, reinforcing confidence in the stock’s longer-term earnings power. Home Depot shares jump 3.2% as investors weigh recent legal win, Pro-expansion updates, and a broader risk-on tape
- Positive Sentiment: Recent reporting also points to a legal win that may reduce liability risk, while broader market rotation into non-tech names is benefiting retailers like Home Depot. Home Depot shares jump 3.2% as investors weigh recent legal win, Pro-expansion updates, and a broader risk-on tape
- Neutral Sentiment: Several articles are more promotional or commentary-driven than fundamentally new, so they may be adding to investor optimism without changing the core business outlook. My Favorite S&P 500 Stock to Buy During the Dip
- Negative Sentiment: Some recent coverage notes that cyclical economic pressures have hurt Home Depot’s results, which remains a headwind for the stock even amid positive long-term commentary. My Favorite S&P 500 Stock to Buy During the Dip
Home Depot Company Profile
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.
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