Home Depot (NYSE:HD) Updates FY26 Earnings Guidance

Home Depot (NYSE:HD) issued an update on its FY26 earnings guidance on Tuesday morning. The company provided EPS guidance of $14.94 for the period, compared to the consensus EPS 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

Several research analysts have recently commented on HD shares. Stifel Nicolaus raised their target price on shares of Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a report on Monday, November 11th. Mizuho raised their price objective on Home Depot from $435.00 to $440.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. TD Cowen upped their target price on Home Depot from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, October 28th. Truist Financial raised their price target on Home Depot from $465.00 to $467.00 and gave the stock a “buy” rating in a research report on Tuesday, February 11th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a research report on Monday, February 10th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and twenty-one have given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $433.44.

Home Depot Trading Up 4.0 %

Shares of HD stock traded up $15.16 during trading hours on Tuesday, hitting $397.58. 3,155,145 shares of the company’s stock traded hands, compared to its average volume of 3,146,918. 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 has a 12 month low of $323.77 and a 12 month high of $439.37. The stock has a market cap of $394.95 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The stock’s 50 day simple moving average is $401.53 and its 200 day simple moving average is $398.16.

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

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a $2.30 dividend. This is a boost from Home Depot’s previous quarterly dividend of $2.25. This represents a $9.20 annualized dividend and a yield of 2.31%. 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.