The Home Depot, Inc. (HD)
| Market Cap | 318.11B |
| Revenue (ttm) | 153.71B |
| Net Income (ttm) | 15.70B |
| Shares Out | 995.26M |
| EPS (ttm) | 15.60 |
| PE Ratio | 20.49 |
| Forward PE | 20.10 |
| Dividend | $8.36 (2.62%) |
| Ex-Dividend Date | Nov 29, 2023 |
| Volume | 3,550,526 |
| Open | 313.83 |
| Previous Close | 313.49 |
| Day's Range | 313.00 - 320.10 |
| 52-Week Range | 274.26 - 347.25 |
| Beta | 0.94 |
| Analysts | Buy |
| Price Target | 338.42 (+5.88%) |
| Earnings Date | Nov 14, 2023 |
About HD
The Home Depot, Inc. operates as a home improvement retailer. 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 primarily serves homeowners; and professional ... [Read more]
Financial Performance
In 2022, The Home Depot's revenue was $157.40 billion, an increase of 4.13% compared to the previous year's $151.16 billion. Earnings were $17.11 billion, an increase of 4.09%.
Financial StatementsAnalyst Forecast
According to 24 analysts, the average rating for HD stock is "Buy." The 12-month stock price forecast is $338.42, which is an increase of 5.88% from the latest price.
News
Top Wall Street analysts expect these dividend stocks to enhance total returns
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Home Depot and Walmart.
Costco, Home Depot and Floor & Decor: Diverging Outcomes From a Similar Model
Costco Wholesale Corp. (COST, Financial) is well known for being a global retail giant with a huge moat. The late Charlie Munger (Trades, Portfolio) often proclaimed his love for the company: “I love ...
Billionaire Ken Langone to meet with Nikki Haley in NY as he weighs backing her in 2024
Home Depot co-founder, billionaire Ken Langone plans to meet with Nikki Haley next week in New York, as he weighs stepping up support for her presidential run.
Retail execs say clothing demand is getting better. But it's still kind of a mess.
After unwanted shirts and pants piled up in warehouses and stockrooms last year, clothing chains such as Gap Inc. and Urban Outfitters have said over the past two weeks they've had an easier time sell...
Is Lowe's still a better buy than Home Depot?
Whether Lowe's NYSE: LOW or Home Depot NYSE: HD is the better buy is pointless because both are high-quality retail names entrenched in the consumer landscape and pay great dividends. The question is,...
Mill Point Capital Announces the Sale of International Designs Group
DECATUR, Ga. & NEW YORK--(BUSINESS WIRE)--Mill Point Capital LLC (“Mill Point”), a private equity firm focused on control-oriented investments in the Business Services, Industrials and IT Services sec...
The Home Depot Enters into Agreement to Acquire Construction Resources Parent Company, International Designs Group
Acquisition Expected to Accelerate Capabilities to Better Serve the Pro Customer's Complex Project Needs ATLANTA , Nov. 20, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement r...
Home Depot CEO Ted Decker: We are operating really well
Home Depot CEO Ted Decker and CNBC's Courtney Reagan join 'The Exchange' to discuss how the company is preparing for Black Friday, the state of the consumer, and more.
3 Buys and a Bail: Walmart, Ross Stores, Costco & Home Depot
Victoria Greene, founder and CIO at G Squared Private Wealth, joins 'The Exchange' to share three buys and a bail, including Walmart, Ross Stores, Costco, and Home Depot.
Retail earnings update: Target, Macy's, and Home Depot see rosy profits. Gap stock soars
In a been busy week for retail earnings, shares The Gap jumped in off-hours trading after the company beat Wall Street estimates. Wall Street pointed higher before the open Friday as most major market...
What retail earnings have revealed about the consumer
Retailers such as Walmart (WMT), Target (TGT), and Home Depot (HD) are starting to raise concerns about consumer spending. In an interview with Yahoo Finance, Walmart CFO John David Rainey said consum...
The Home Depot Declares Third Quarter Dividend of $2.09
ATLANTA , Nov. 16, 2023 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today announced that its board of directors declared a third-quarter cash dividend of $2.09 per ...
Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into grand remodels that can drill a hole in their wal...
Home Depot stock on pace for biggest daily percentage gain in a year, boosted by third-quarter earnings
Home Depot Inc. HD, +5.98% shares are up 6.1%, putting the stock on pace for its biggest daily percentage gain since Nov. 10, 2022, when it rose 8.7%. The S&P 500 index SPX, +2.12% is up 2.2%.
Home Depot says ‘the worst of the inflationary environment is behind us,' but prices have settled unevenly
Customers have spent the past two years waiting for prices to come down, following 2021's supply-chain traffic-jams and Russia's invasion of Ukraine last year. On Tuesday, they got a bit more proof th...
Home Depot warns of consumer spending declines in Q3 results
Home Depot (HD) narrowly beat third-quarter earnings estimates, while seeing a 3.1% drop in sales. Home Depot CEO Edward Decker characterized the home improvement chain as undergoing a "year of modera...
Midday Movers: Tech Stocks and Home Depot Rise, Insurance Stocks Tumble
U.S. equities skyrocketed at midday as consumer inflation came in lower than expected, boosting optimism the Fed might not hike interest rates further to bring down prices. The news sent bond yields t...
Home Depot Looks to Pros for Shelter
High interest rates are affecting demand for the most expensive renovation projects, but the retailer is courting the people most likely to get that work.
Home Depot Sees B2B Driving Growth ‘For Years and Years'
Pressures from a subdued housing market and dampened spending are impacting the home improvement industry. The Home Depot, the world's largest home improvement retailer, on Tuesday (Nov. 14) reported ...
As sales cool, Home Depot has good news: 'The worst of the inflationary environment is behind us'
With its comments, Home Depot gave fresh hope that relief could be coming from consumers or the broader economy.
Home Depot Cuts Guidance As Sales Decline Despite Earnings Beat
Home Depot (HD) reported better-than-expected third-quarter earnings even as consumer demand was weakened by high inflation and interest rates, leading to a decline in sales.
Home Depot has considerable amount of upside at other side of business cycle, says UBS' Lasser
Michael Lasser, UBS retail analyst, joins 'Squawk on the Street' to discuss his take on Home Depot's Q3 earnings results, whether the company is beating estimates due to lowered guidance, and more.