Home Depot (NYSE:HD) Releases FY26 Earnings Guidance

Home Depot (NYSE:HD) updated its FY26 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $14.94 for the period, compared to the consensus estimate of $15.65. The company issued revenue guidance of $163.97 billion, compared to the consensus revenue estimate of $164.22 billion. Home Depot also updated its FY 2025 guidance to 14.940-14.940 EPS.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on HD shares. Evercore ISI lifted their price objective on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Robert W. Baird cut their target price on shares of Home Depot from $440.00 to $430.00 and set an “outperform” rating for the company in a research note on Wednesday. Mizuho boosted their price objective on shares of Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Guggenheim reissued a “buy” rating and set a $450.00 price objective on shares of Home Depot in a research report on Wednesday. Finally, Truist Financial cut their price objective on shares of Home Depot from $467.00 to $437.00 and set a “buy” rating for the company in a report on Wednesday. Nine research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $436.50.

Home Depot Stock Up 0.4 %

Home Depot stock traded up $1.71 during midday trading on Thursday, reaching $392.19. The stock had a trading volume of 1,503,977 shares, compared to its average volume of 3,222,884. The company has a current ratio of 1.13, a quick ratio of 0.31 and a debt-to-equity ratio of 8.65. The company has a fifty day moving average price of $401.17 and a two-hundred day moving average price of $398.42. The company has a market capitalization of $389.58 billion, a P/E ratio of 26.65, a PEG ratio of 4.03 and a beta of 1.05. Home Depot has a 12 month low of $323.77 and a 12 month high of $439.37.

Home Depot (NYSE:HD) last posted its earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 earnings per share for the quarter, topping analysts’ consensus estimates of $3.04 by $0.09. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The company had revenue of $39.70 billion during the quarter, compared to analyst estimates of $39.15 billion. During the same period in the prior year, the business posted $2.82 earnings per share. Home Depot’s revenue for the quarter was up 14.1% on a year-over-year basis. As a group, equities analysts expect that Home Depot will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a yield of 2.35%. This is an increase from Home Depot’s previous quarterly dividend of $2.25. The ex-dividend date of this dividend is Thursday, March 13th. Home Depot’s dividend payout ratio is presently 61.14%.

Home Depot Company Profile

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.