Q2 EPS Estimates for Home Depot Increased by Analyst

The Home Depot, Inc. (NYSE:HD) – Telsey Advisory Group boosted their Q2 2026 earnings estimates for shares of Home Depot in a report issued on Wednesday, May 21st. Telsey Advisory Group analyst J. Feldman now expects that the home improvement retailer will post earnings per share of $4.69 for the quarter, up from their previous estimate of $4.68. Telsey Advisory Group has a “Outperform” rating and a $455.00 price objective on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Telsey Advisory Group also issued estimates for Home Depot’s Q3 2026 earnings at $3.86 EPS, Q4 2026 earnings at $2.89 EPS, Q1 2027 earnings at $3.94 EPS, Q2 2027 earnings at $5.14 EPS, Q3 2027 earnings at $4.25 EPS and Q4 2027 earnings at $3.17 EPS.

A number of other analysts also recently commented on HD. Guggenheim reissued a “buy” rating and issued a $450.00 price objective on shares of Home Depot in a research note on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $398.00 target price (up previously from $380.00) on shares of Home Depot in a research note on Wednesday. Royal Bank of Canada lowered their target price on Home Depot from $424.00 to $399.00 and set a “sector perform” rating on the stock in a report on Thursday, May 15th. Robert W. Baird cut their price target on shares of Home Depot from $430.00 to $425.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Gordon Haskett lifted their price objective on shares of Home Depot from $350.00 to $360.00 in a research note on Tuesday. Eight analysts have rated the stock with a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, Home Depot presently has an average rating of “Moderate Buy” and an average price target of $426.77.

Home Depot Stock Performance

HD opened at $363.17 on Thursday. The business has a 50 day moving average price of $359.90 and a two-hundred day moving average price of $387.20. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The company has a market capitalization of $361.00 billion, a price-to-earnings ratio of 24.67, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. Home Depot has a 1-year low of $323.77 and a 1-year high of $439.37.

Home Depot (NYSE:HD) last posted its quarterly earnings data on Tuesday, May 20th. The home improvement retailer reported $3.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.59 by ($0.03). Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The company had revenue of $39.86 billion during the quarter, compared to the consensus estimate of $39.24 billion. During the same quarter last year, the business earned $3.63 earnings per share. The company’s revenue was up 9.4% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HD. POM Investment Strategies LLC grew its holdings in shares of Home Depot by 1.1% during the 4th quarter. POM Investment Strategies LLC now owns 2,117 shares of the home improvement retailer’s stock valued at $824,000 after acquiring an additional 24 shares in the last quarter. Center for Financial Planning Inc. grew its stake in Home Depot by 0.5% in the fourth quarter. Center for Financial Planning Inc. now owns 4,653 shares of the home improvement retailer’s stock valued at $1,810,000 after purchasing an additional 24 shares in the last quarter. Marino Stram & Associates LLC increased its position in Home Depot by 2.3% in the 4th quarter. Marino Stram & Associates LLC now owns 1,108 shares of the home improvement retailer’s stock worth $431,000 after purchasing an additional 25 shares during the last quarter. Live Oak Private Wealth LLC increased its position in Home Depot by 0.5% in the 4th quarter. Live Oak Private Wealth LLC now owns 4,915 shares of the home improvement retailer’s stock worth $1,912,000 after purchasing an additional 25 shares during the last quarter. Finally, Mezzasalma Advisors LLC raised its stake in shares of Home Depot by 4.0% during the 4th quarter. Mezzasalma Advisors LLC now owns 655 shares of the home improvement retailer’s stock worth $255,000 after purchasing an additional 25 shares in the last quarter. 70.86% of the stock is owned by hedge funds and other institutional investors.

Home Depot Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 18th. Investors of record on Thursday, June 5th will be issued a dividend of $2.30 per share. This represents a $9.20 annualized dividend and a dividend yield of 2.53%. The ex-dividend date is Thursday, June 5th. Home Depot’s dividend payout ratio is currently 62.42%.

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.