Home Depot (NYSE:HD) Issues FY26 Earnings Guidance

Home Depot (NYSE:HD) updated its FY26 earnings guidance on Tuesday. The company provided earnings per share guidance of $14.94 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

HD has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price target on shares of Home Depot from $440.00 to $450.00 and gave the stock an “overweight” rating in a research note on Thursday, February 13th. Bank of America boosted their price target on Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, November 13th. Wedbush restated an “outperform” rating and issued a $440.00 target price on shares of Home Depot in a research note on Wednesday. Guggenheim restated a “buy” rating and set a $450.00 target price on shares of Home Depot in a report on Wednesday. Finally, Hsbc Global Res upgraded Home Depot from a “moderate sell” rating to a “hold” rating in a report on Wednesday. Nine equities research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $436.50.

Home Depot Stock Performance

HD traded up $1.71 during trading on Thursday, hitting $392.19. The stock had a trading volume of 1,503,977 shares, compared to its average volume of 3,222,884. The firm has a market cap of $389.58 billion, a PE ratio of 26.65, a P/E/G 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. 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 50 day simple moving average of $401.17 and a 200-day simple moving average of $398.42.

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

Home Depot Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors 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 2.35%. This is a positive change from Home Depot’s previous quarterly dividend of $2.25. The ex-dividend date is Thursday, March 13th. Home Depot’s dividend payout ratio (DPR) is currently 61.14%.

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.