Home Depot (HD) to Release Quarterly Earnings on Tuesday

Home Depot (NYSE:HD) will likely be issuing its Q2 2026 results before the market opens on Tuesday, August 18th. Analysts expect Home Depot to announce earnings of $4.73 per share and revenue of $47.2622 billion for the quarter. Home Depot has set its FY 2026 guidance at 14.690-15.278 EPS. Individuals may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Tuesday, August 18, 2026 at 9:00 AM ET.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, May 19th. The home improvement retailer reported $3.43 earnings per share for the quarter, beating analysts’ consensus estimates of $3.41 by $0.02. Home Depot had a net margin of 8.41% and a return on equity of 117.24%. The business had revenue of $41.77 billion during the quarter, compared to the consensus estimate of $41.59 billion. During the same quarter last year, the firm earned $3.56 earnings per share. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts expect Home Depot to post $15 EPS for the current fiscal year and $16 EPS for the next fiscal year.

Home Depot Price Performance

HD stock opened at $350.23 on Tuesday. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.28 and a current ratio of 1.04. The firm has a 50 day moving average price of $336.54 and a 200-day moving average price of $342.65. Home Depot has a 52-week low of $289.10 and a 52-week high of $426.75. The firm has a market capitalization of $349.22 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 4.11 and a beta of 0.95.

Home Depot Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a dividend of $2.33 per share. This represents a $9.32 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, June 4th. Home Depot’s dividend payout ratio (DPR) is 66.19%.

Institutional Investors Weigh In On Home Depot

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mill Capital Management LLC lifted its holdings in Home Depot by 0.4% in the 4th quarter. Mill Capital Management LLC now owns 7,377 shares of the home improvement retailer’s stock worth $2,538,000 after buying an additional 27 shares during the period. Jacobi Capital Management LLC boosted its holdings in Home Depot by 0.3% in the fourth quarter. Jacobi Capital Management LLC now owns 9,336 shares of the home improvement retailer’s stock valued at $3,213,000 after acquiring an additional 27 shares in the last quarter. Nvest Financial LLC boosted its holdings in Home Depot by 4.8% in the fourth quarter. Nvest Financial LLC now owns 610 shares of the home improvement retailer’s stock valued at $210,000 after acquiring an additional 28 shares in the last quarter. WealthCollab LLC boosted its holdings in Home Depot by 4.1% in the second quarter. WealthCollab LLC now owns 730 shares of the home improvement retailer’s stock valued at $268,000 after acquiring an additional 29 shares in the last quarter. Finally, Puff Wealth Management LLC increased its position in Home Depot by 3.8% during the 2nd quarter. Puff Wealth Management LLC now owns 821 shares of the home improvement retailer’s stock valued at $301,000 after purchasing an additional 30 shares during the period. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on HD shares. UBS Group lowered their price objective on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. Mizuho cut their target price on Home Depot from $415.00 to $385.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Jefferies Financial Group reduced their price target on Home Depot from $361.00 to $360.00 and set a “buy” rating for the company in a report on Thursday, June 4th. Robert W. Baird lowered their price target on Home Depot from $430.00 to $380.00 and set an “outperform” rating for the company in a research report on Wednesday, May 20th. Finally, Telsey Advisory Group dropped their price target on shares of Home Depot from $435.00 to $410.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 20th. Eighteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and an average target price of $371.71.

About Home Depot

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.