The Home Depot, Inc. (HD)
| Market Cap | 332.08B |
| Revenue (ttm) | 152.67B |
| Net Income (ttm) | 15.14B |
| Shares Out | 991.02M |
| EPS (ttm) | 15.11 |
| PE Ratio | 22.18 |
| Forward PE | 21.91 |
| Dividend | $9.00 (2.69%) |
| Ex-Dividend Date | Mar 6, 2024 |
| Volume | 2,124,806 |
| Open | 331.00 |
| Previous Close | 331.98 |
| Day's Range | 330.66 - 335.83 |
| 52-Week Range | 274.26 - 396.87 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 376.60 (+12.39%) |
| Earnings Date | May 14, 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 26 analysts, the average rating for HD stock is "Buy." The 12-month stock price forecast is $376.6, which is an increase of 12.39% from the latest price.
News
The Home Depot Announces 2024 Retool Your School Winners
More than 40 HBCUs Receive Grants for Campus Improvements and Innovation Lounges at Annual Award Celebration ATLANTA , April 12, 2024 /PRNewswire/ -- The Home Depot awarded 42 Historically Black Colle...
The Home Depot Extends Relationship with Google Cloud to Drive Innovation in Interconnected Retail
ATLANTA and LAS VEGAS , April 11, 2024 /PRNewswire/ -- Today, Google Cloud and The Home Depot announced an extension of their multi-year relationship that will help the world's largest home improvemen...
3 Stocks to Sell for 2Q 2024
These stocks look significantly overpriced according to Morningstar's metrics.
THE HOME DEPOT UNVEILS SEASONAL SAVINGS DURING SPRING BLACK FRIDAY EVENT
ATLANTA , April 2, 2024 /PRNewswire/ -- The Home Depot is kicking off its Spring Black Friday , setting up customers to go from doing to done with month-long seasonal savings on products to make their...
Home Depot's acquisition of building-products maker SRS is complementary, but not transformative, analysts say
Home Depot's $18.3 billion acquisition of building-products provider SRS Distribution announced Thursday will extend its leadership over rival Lowe's Inc. in the larger professional customer space, bu...
Home Depot's SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
Home Depot's acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided, digitally-enabled ecosystem.
Home Depot (HD) Buying SRS Distribution for $18.25B
Home Depot (HD) is buying SRS Distribution for $18.25B. Jenny Horne discusses this and expects the deal to close by the end of fiscal 2024.
Home Depot to acquire SRS distribution in $18.25B deal
Home Depot (HD) announced on Thursday that it will move to acquire SRS distribution in a deal valued at $18.25 billion. The deal will be the biggest acquisition for the home improvement retailer and i...
Home Depot Buying Pro Supplier SRS Distribution
Home Depot Inc. said it would buy building-products distributor SRS Distribution Inc. for about $18.25 billion in a bid to bolster the company's professional services business. Bloomberg's John J.
Home Depot bulks up Pro-business with $18.25B deal for building products supplier SRS
The deal will expand Home Depot's total potential market by about $50 billion to roughly $1 trillion, the company said. Home Depot has a market value of $382.42 billion.
Home Depot to buy building supply distributor SRS in $18B deal — its biggest acquisition ever
Home Depot announced that it's acquiring SRS Distribution — which sells supplies to builders, roofers, landscapers and pool contractors — in a mammoth $18.25 billion deal that includes assumed debt.
Home Depot Expands Pro Market Footprint With $18 Billion SRS Deal
Home Depot is acquiring SRS, a distribution company for roof, landscaping and pool contractors. The home improvement giant says the $18.2 billion deal, announced Thursday (March 28), will speed its gr...
Leonard Green & Partners and Berkshire Partners Portfolio Company, SRS Distribution, Enters into a Definitive Agreement to be Acquired by The Home Depot for $18.25 Billion
LOS ANGELES & BOSTON--(BUSINESS WIRE)--The portfolio company of Leonard Green & Partners and Berkshire Partners, SRS Distribution (“SRS”), has entered into a definitive agreement with The Home Depot t...
SRS Distribution Announces Next Phase of Growth by Combining with The Home Depot to Better Serve Professional Customers
MCKINNEY, Texas--(BUSINESS WIRE)--SRS Distribution Inc. (“SRS”) announced today that it has entered into a definitive agreement with The Home Depot to be acquired for $18.250 billion. Under the terms ...
The Home Depot-SRS Distribution deal plays right into the company's strategy: D.A. Davidson's Baker
Michael Baker, D.A. Davidson analyst, joins 'Squawk Box' to discuss Home Depot's $18.25 billion deal to acquire SRS Distribution, why the deal makes sense for the company, and more.
Home Depot Buys SRS Distribution for $18.25B in Move To Expand Pro Market
Home Depot (HD) is acquiring SRS Distribution, a company that distributes roofing materials and other construction products to a network of contractors, in a $18.25 billion deal as Home Depot looks to...
Home Depot to acquire specialty distributor SRS for $18.25 billion in huge bet on growing pro sales
CNBC's Becky Quick reports on the latest news.
It's time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
That was Federal Reserve Gov. Chris Waller pounding the table over the need for patience on interest rate cuts in a much-anticipated speech on Wednesday night.
Home Depot acquires specialty trade distributor SRS for $18.25 billion
Home Depot Inc. said early Thursday that it had agreed to buy SRS Distribution Inc. a residential specialty trade distribution company, for about $18.25 billion, including debt.
Home Depot to buy SRS Distribution for over $18 billion
Home Depot Inc just announced plans of buying SRS Distribution for $18.25 billion. Its shares are roughly flat in premarket on Thursday.
Home Depot to Buy Pro Contractor-Focused SRS Distribution in $18.25 Billion Deal
Owned by private-equity firms, SRS is a specialty trade distribution company serving professional contractors.
Home Depot to buy SRS Distribution in $18.25 bln deal
Home Depot said on Thursday it would buy building products distributor SRS Distribution in a deal valued at about $18.25 billion including debt.
Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales
Home Depot is buying SRS as its sales growth stagnates and it leans into its home professional business.
The Home Depot Announces Agreement to Acquire SRS Distribution, a Leading Specialty Trade Distributor Across Multiple Verticals; Expands Offering and Capabilities for Pro Customers; Increases Total Addressable Pro Market by Approximately $50 Billion
ATLANTA , March 28, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. ("SRS"), a leading res...
Home Depot Buys Roofing Distributor
The retailer said it would acquire SRS Distribution in a deal with a value of $18.25 billion, which includes assumed debt.