The Home Depot, Inc. (HD)
| Market Cap | 340.69B |
| Revenue (ttm) | 152.67B |
| Net Income (ttm) | 15.14B |
| Shares Out | 991.03M |
| EPS (ttm) | 15.11 |
| PE Ratio | 22.68 |
| Forward PE | 22.42 |
| Dividend | $9.00 (2.63%) |
| Ex-Dividend Date | Mar 6, 2024 |
| Volume | 2,114,770 |
| Open | 348.00 |
| Previous Close | 348.67 |
| Day's Range | 342.67 - 348.25 |
| 52-Week Range | 274.26 - 396.87 |
| Beta | 1.01 |
| Analysts | Buy |
| Price Target | 374.38 (+9.24%) |
| 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 28 analysts, the average rating for HD stock is "Buy." The 12-month stock price forecast is $374.38, which is an increase of 9.24% from the latest price.
News
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...
Weak Housing Market Hurts Home Depot
Paul Sweeney and Alix Steel interview Drew Reading, Bloomberg Intelligence U.S Homebuilding Analyst, to break down on Home Depot earnings and the future of the housing market. -------- More on Bloombe...
Former Home Depot CEO talks Q1 earnings, China tariff concerns, and inflation
The Biden administration is set to announce increased tariffs on Chinese imports, including semiconductors, minerals, and electric vehicles. The move is seen as a protective measure for American indus...
Home Depot Affirms 2024 Guidance While Posting Earnings Beat, Sales Miss
Home Depot's (HD) first-quarter results released Tuesday included an earnings beat but slight revenue miss, as the company is still suffering from customers putting off larger projects and purchases.
Home Depot Still Looks Sturdy
High rates and low housing turnover are a drag, but there is much to like.
Home Depot's growth will depend on rate environment for big-ticket purchases: Cowen's Rakhelenko
Max Rakhelenko, Cowen analyst, and Deborah Weinswig, Coresight Research CEO, join 'Squawk on the Street' to discuss Home Depot's quarterly earnings results, what the quarter says about the state of th...
Home Depot Continues B2B Push as Consumer Spending Pulls Back
Is your refrigerator running? Rather than going to catch it, as the old prank phone call goes, Home Depot told investors during its first-quarter 2024 earnings call Tuesday (May 14) that many of today...
Home Depot Sees Sales Drop for Sixth Straight Quarter
Home Depot Inc.'s string of negative sales extended into a sixth straight quarter as the big-box retailer struggles to overcome a weak housing market and lower demand for big-ticket items. Same-store ...
Home Depot Q1 earnings dip on back of weak sales in challenging environment
Home improvement retailer Home Depot reported marginally disappointing Q1 2024 financial results today. The company announced sales of $36.4 billion for the first quarter of fiscal 2024, a decrease of...
Baker: Home Depot's story centers around a back-half recovery
Michael Baker, Senior Research Analyst at D.A. Davidson, discusses earnings from Home Depot.
Oppenheimer's Brian Nagel reacts to Home Depot earnings
Brian Nagel, Oppenheimer senior equity research analyst, joins 'Squawk Box' to break down Home Depot's quarterly earnings results that beat expectations and revenue that missed estimates.
Home Depot revenue misses, shares slip
Home Depot posted quarterly revenue below Wall Street's expectations on Tuesday.
Home Depot's stock dips premarket after Q1 sales lag estimates
Home Depot Inc.'s stock HD, -1.58% fell 1.4% early Tuesday, after the home-improvement retailer beat profit estimates for the first quarter but sales fell slightly short. Atlanta-based Home Depot post...
Home Depot sales drop more than expected as wary customers delay big projects
Home Depot posted a bigger-than-expected drop in quarterly same-store sales on Tuesday as cautious Americans shelled out less for big-ticket items while focusing on small-scale home repair and mainten...
The Home Depot Announces First Quarter Fiscal 2024 Results; Reaffirms Fiscal 2024 Guidance
ATLANTA , May 14, 2024 /PRNewswire/ -- The Home Depot®, the world's largest home improvement retailer, today reported sales of $36.4 billion for the first quarter of fiscal 2024, a decrease of 2.3% fr...
Home Depot will report earnings before the bell. Here's what to expect
Home Depot reports earnings as it tries to grow sales with home professionals in a tough housing market.
Neuberger Berman's John San Marco on what to expect from Home Depot and Walmart earnings
John San Marco, Neuberger Berman portfolio manager, joins 'Closing Bell Overtime' to talk the upcoming slate of retail earnings.
3 Buys and a Bail: Home Depot, Carrier Global, Tri Pointe Homes & Whirlpool
Ari Wald, Oppenheimer & Co. head of technical analysis, joins CNBC's 'The Exchange' to discuss four stocks: Home Depot, Carrier Global, Tri Pointe Homes, and Whirlpool.
Why HSBC is bearish on Home Depot stock
Home Depot (HD) is set to report earnings this week, giving investors an inside look into the state of consumer spending. HSBC US Consumer Staples Senior Analyst Daniela Bretthauer joins Catalysts to ...
With The Stock Flat This Year, Will Q1 Results Drive Home Depot Stock Higher?
Note: Home Depot FY'23 ended on January 28, 2024.