The Home Depot, Inc. (HD)
| Market Cap | 332.16B |
| Revenue (ttm) | 151.83B |
| Net Income (ttm) | 14.87B |
| Shares Out | 991.61M |
| EPS (ttm) | 14.92 |
| PE Ratio | 22.45 |
| Forward PE | 21.31 |
| Dividend | $9.00 (2.69%) |
| Ex-Dividend Date | May 30, 2024 |
| Volume | 2,346,932 |
| Open | 335.00 |
| Previous Close | 336.19 |
| Day's Range | 332.53 - 336.83 |
| 52-Week Range | 274.26 - 396.87 |
| Beta | 1.00 |
| Analysts | Buy |
| Price Target | 377.96 (+12.83%) |
| Earnings Date | Aug 13, 2024 |
About HD
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. In addition, it provides tool and equipment rental services. The company prima... [Read more]
Financial Performance
In 2023, The Home Depot's revenue was $152.67 billion, a decrease of -3.01% compared to the previous year's $157.40 billion. Earnings were $15.14 billion, a decrease of -11.47%.
Financial StatementsAnalyst Forecast
According to 27 analysts, the average rating for HD stock is "Buy." The 12-month stock price forecast is $377.96, which is an increase of 12.83% from the latest price.
News
DA Davidson Upgrades Home Depot to Buy
Mike Baker, Senior Equity Analyst, DA Davidson & Co, speaks with Romaine Bostick and Alix Steel about upgrading Home Depot to a buy rating. -------- More on Bloomberg Television and Markets Like this ...
D.A. Davidson's Michael Baker on Home Depot upgrade: Rates going down will be a tailwind
Michael Baker, D.A. Davidson managing director, joins 'Power Lunch' to discuss D.A.
Calls of the Day: Home Depot, Accenture, Shopify, Blackstone & Caterpillar
The Investment Committee discuss the latest Calls of the Day.
NVDA, HD, TOL: Sell Short
Nvidia (NVDA), Home Depot (HD), and Toll Brothers (TOL) are today's Big Three stocks. Tom O'Brien and Ben Lichtenstein discuss the technical trends as well as some trading options for these names.
Home Depot Buys SRS Distribution As DIY Giants Turn To Pro Market
The Home Depot has completed the acquisition of SRS Distribution Inc. for a total of approximately $18.25 billion as the company targets a $250 billion market.
The Home Depot Completes Acquisition of SRS Distribution
ATLANTA , June 18, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, has completed the acquisition of SRS Distribution, Inc. ("SRS") for a total enterprise value of ...
The Home Depot Announces Expiration of Hart-Scott-Rodino Act Waiting Period
ATLANTA , June 14, 2024 /PRNewswire/ -- The Home Depot® (NYSE: HD) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act"), ...
HD, HLT, TSM: Technical Trends & What to Know
We're looking for a 6%-10% move upside in the next 18 months, notes Aquiles Larrea on Home Depot (HD). He and Ben Lichtenstein discuss today's big three stocks Home Depot, Hilton (HLT), and TSMC (TSM)...
The Home Depot Foundation invests $6 million to help communities prepare, recover from natural disasters
New efforts focus on preparing hard-to-reach communities ATLANTA , June 4, 2024 /PRNewswire/ -- As hurricane season begins, The Home Depot Foundation granted more than $6 million to help national and ...
The Home Depot Names Jordan Broggi Executive Vice President of Customer Experience and President of Online
Matt Carey to Retire from The Home Depot After 16 Years of Service ATLANTA , May 30, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, appointed Jordan Broggi as ex...
Home Depot Teams With Instacart to Bolster eCommerce Offerings
Home Depot teamed with Instacart to offer customers same-day delivery on home improvement products. The partnership offers delivery in as fast as an hour from nearly 2,000 stores, according to a Thurs...
The Home Depot and Instacart Announce Nationwide Partnership to Offer Same-Day Delivery
The world's largest home improvement retailer now offers delivery in as fast as an hour SAN FRANCISCO and ATLANTA , May 23, 2024 /PRNewswire/ -- Instacart (Nasdaq: CART), the leading grocery technolog...
Home renovations slow as consumers struggle with inflation
Evident in home improvement retailer Lowe's (LOW) latest earnings, US home prices are becoming a growing deterrent to consumers wishing to invest in major renovation or remodeling projects. Will do-it...
Home Depot Makes Notable Cross Below Critical Moving Average
In trading on Tuesday, shares of Home Depot crossed below their 200 day moving average of $335.37, changing hands as low as $332.32 per share. Home Depot Inc shares are currently trading off about 0.9...
Home Depot's Earnings Signal Trouble for Lowe's. Home Improvement Demand Is Soft.
Analysts expect a 5.4% drop in revenue for Lowes' first fiscal quarter, underscoring the impact of the housing market's stagnation.
As hurricane season arrives, these stocks could present opportunities
With hurricane season about to start, key stocks in the home-improvement and consumer-staples industries could present opportunities, according to investing-information website Trading.biz.
Some consumers are punting big purchases like pools and mattresses
There are some signs that shoppers are holding off on big-ticket buys, the latest signal of the economy contracting at the hands of tighter monetary policy.
The furniture industry's recovery relies on customers getting used to paying more
During Wayfair Inc.'s earnings call this month, Kate Gulliver, the online furniture retailer's chief financial officer, said that after a two-year slump, demand for sofas, beds, chairs and home decor ...
The Home Depot Declares First Quarter Dividend of $2.25
ATLANTA , May 16, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of $2.25 per s...
WMT's E-Commerce Growth & HD Outlook for Home Improvement
Walmart's (WMT) 1Q adjusted EPS came in at $0.60 versus an estimated $0.52 and its revenue came in at $161.51B versus an estimated $159.36B. James E. Demmert discusses the takeaways from Walmart's ear...
Why Home Depot is the go-to home improvement stock: Strategist
On today's Good Buy or Goodbye segment, Yahoo Finance's Julie Hyman is joined by Zacks Investment Management Client Portfolio Manager Brian Mulberry to dissect his stock picks in the home improvement ...
Should You Pick Home Depot Stock Over Procter & Gamble?
We believe that Home Depot stock (NYSE: HD) is currently a better pick over Procter & Gamble stock (NYSE: PG), given its better prospects. Although Home Depot is a consumer cyclical and P&G is a consu...
Home Depot (HD) & Walmart (WMT) Earnings
Joe Feldman discusses Home Depot (HD) and Walmart's (WMT) earnings. Tune in to find out more about the stock market today.
THE HOME DEPOT LAUNCHES MILITARY MOVING HUB TO SUPPORT MILITARY RELOCATIONS
Program offers exclusive shopping discounts and moving resources for U.S. Armed Forces and Military Spouses ATLANTA , May 15, 2024 /PRNewswire/ -- In honor of Armed Forces Day, The Home Depot launched...