Home Depot (NYSE:HD) Posts Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Home Depot (NYSE:HD) released its quarterly earnings data on Tuesday. The home improvement retailer reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $3.04 by $0.09, Zacks reports. The business had revenue of $39.70 billion during the quarter, compared to analysts’ expectations of $39.07 billion. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.82 EPS. Home Depot updated its FY 2025 guidance to 14.940-14.940 EPS and its FY26 guidance to $14.94 EPS.

Home Depot Price Performance

NYSE:HD opened at $381.12 on Tuesday. Home Depot has a 12-month low of $323.77 and a 12-month high of $439.37. The firm has a market capitalization of $378.59 billion, a price-to-earnings ratio of 25.89, a P/E/G ratio of 4.03 and a beta of 1.05. The stock’s 50 day moving average price is $401.53 and its two-hundred day moving average price is $398.16. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be given a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a yield of 2.41%. This is an increase from Home Depot’s previous quarterly dividend of $2.25. Home Depot’s payout ratio is 61.14%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on HD. Barclays boosted their target price on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Truist Financial boosted their price objective on Home Depot from $465.00 to $467.00 and gave the company a “buy” rating in a research report on Tuesday, February 11th. Royal Bank of Canada raised their target price on shares of Home Depot from $363.00 to $413.00 and gave the stock a “sector perform” rating in a report on Monday, November 11th. Evercore ISI upped their price target on shares of Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Finally, Telsey Advisory Group reissued an “outperform” rating and set a $455.00 price objective on shares of Home Depot in a research report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and twenty-one have given a buy rating to the stock. Based on data from MarketBeat.com, Home Depot presently has an average rating of “Moderate Buy” and a consensus price target of $433.44.

About Home Depot

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.