Home Depot (NYSE:HD) Issues FY 2026 Earnings Guidance

Home Depot (NYSE:HD) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 14.690-15.278 for the period, compared to the consensus earnings per share estimate of 15.050. The company issued revenue guidance of $168.8 billion-$172.1 billion, compared to the consensus revenue estimate of $171.2 billion.

Home Depot Price Performance

HD opened at $299.98 on Tuesday. Home Depot has a 12-month low of $296.88 and a 12-month high of $426.75. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The firm has a market capitalization of $298.79 billion, a P/E ratio of 21.08, a PEG ratio of 3.43 and a beta of 1.00. The stock has a fifty day moving average of $330.53 and a 200-day moving average of $353.57.

Home Depot (NYSE:HD) last posted its quarterly earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.42 by $0.01. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $41.77 billion for the quarter, compared to the consensus estimate of $41.59 billion. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Equities analysts forecast that Home Depot will post 15.03 EPS for the current fiscal year.

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a $2.33 dividend. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Thursday, March 12th. Home Depot’s dividend payout ratio (DPR) is 65.50%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HD shares. The Goldman Sachs Group lowered their price target on Home Depot from $413.00 to $409.00 in a research report on Wednesday, February 25th. UBS Group reiterated an “outperform” rating on shares of Home Depot in a research note on Tuesday, March 24th. Zacks Research upgraded shares of Home Depot from a “strong sell” rating to a “hold” rating in a research note on Monday, February 9th. Stifel Nicolaus reduced their target price on shares of Home Depot from $375.00 to $320.00 and set a “hold” rating for the company in a research note on Monday. Finally, Piper Sandler reduced their target price on shares of Home Depot from $422.00 to $421.00 and set an “overweight” rating for the company in a research note on Friday. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Home Depot has a consensus rating of “Moderate Buy” and a consensus price target of $401.34.

Insider Buying and Selling

In other Home Depot news, CFO Richard V. Mcphail sold 2,550 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer owned 44,566 shares in the company, valued at $16,439,951.74. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is currently owned by corporate insiders.

More Home Depot News

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Some analysts still see upside potential, with Barclays remaining constructive on Home Depot amid improving fundamentals and easier comparisons, while other commentary suggests the company could benefit if housing activity stabilizes. Barclays Bullish on Home Depot Inc. (HD) amid Improving Fundamentals and Comparisons
• Positive Sentiment: Several previews argue the upcoming earnings report could reveal stronger-than-expected performance and potentially reset expectations higher if Home Depot shows resilience in sales and profitability. Home Depot’s Next Earnings Report on May 19 Could Send the Stock Soaring. Here’s Why.
• Neutral Sentiment: Wall Street expects a big post-earnings move, with options traders pricing in a sizable swing around the results, but that reflects uncertainty rather than a clear directional catalyst. Home Depot (HD) Stock Options Traders Are Pricing In a $15 Price Swing after Earnings
• Negative Sentiment: Piper Sandler said demand trends remain sluggish and trimmed its price target slightly, reinforcing concerns that Home Depot’s near-term sales growth could stay muted. Home Depot (HD) Faces Sluggish Demand Trends, Says Piper Sandler
• Negative Sentiment: Oppenheimer cut its price target sharply to $310 and moved to a market-perform rating, signaling more caution ahead of earnings as investors worry about housing weakness and consumer pressure. Semi And Options Mania Collide With Bond Rout Ahead Of Earnings From Nvidia, Home Depot, Walmart
• Negative Sentiment: Multiple previews say Home Depot may lower full-year guidance when it reports, which would likely pressure the stock if management confirms softer demand and margin headwinds. Home Depot, Lowe’s Seen Trimming Full-Year Outlook as Macro Pressures Build, Oppenheimer Says

Hedge Funds Weigh In On Home Depot

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Compound Planning Inc. lifted its position in Home Depot by 5.1% in the 4th quarter. Compound Planning Inc. now owns 12,060 shares of the home improvement retailer’s stock valued at $4,150,000 after acquiring an additional 582 shares in the last quarter. Strive Financial Group LLC bought a new stake in Home Depot in the 4th quarter valued at $594,000. Blue Sparrow LLC DE bought a new stake in Home Depot in the 4th quarter valued at $18,650,000. Mercer Global Advisors Inc. ADV lifted its position in Home Depot by 4.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 379,969 shares of the home improvement retailer’s stock valued at $131,095,000 after acquiring an additional 16,385 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in Home Depot by 1.6% in the 4th quarter. Raymond James Financial Inc. now owns 5,736,050 shares of the home improvement retailer’s stock valued at $1,974,398,000 after acquiring an additional 90,709 shares in the last quarter. 70.86% of the stock is owned by institutional investors.

Home Depot Company Profile

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.