What is DA Davidson’s Estimate for Home Depot Q2 Earnings?

The Home Depot, Inc. (NYSE:HD) – Stock analysts at DA Davidson issued their Q2 2026 earnings per share (EPS) estimates for shares of Home Depot in a research note issued on Wednesday, May 21st. DA Davidson analyst M. Baker expects that the home improvement retailer will post earnings per share of $4.59 for the quarter. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. DA Davidson also issued estimates for Home Depot’s FY2027 earnings at $16.83 EPS.

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 analysts’ consensus estimates of $3.59 by ($0.03). The firm had revenue of $39.86 billion for the quarter, compared to the consensus estimate of $39.24 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.63 earnings per share.

Other analysts have also issued research reports about the stock. Stifel Nicolaus raised shares of Home Depot from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $405.00 to $425.00 in a research report on Wednesday. Truist Financial lifted their price target on shares of Home Depot from $393.00 to $417.00 and gave the company a “buy” rating in a research note on Tuesday. Hsbc Global Res raised shares of Home Depot from a “moderate sell” rating to a “hold” rating in a research report on Wednesday, February 26th. JPMorgan Chase & Co. increased their price objective on shares of Home Depot from $410.00 to $418.00 and gave the stock an “overweight” rating in a research note on Wednesday. Finally, KGI Securities upgraded Home Depot to a “strong-buy” rating in a report on Monday, March 3rd. Eight equities research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $426.77.

Home Depot Trading Down 0.8%

NYSE:HD opened at $363.17 on Thursday. The company has a market cap of $361.00 billion, a P/E ratio of 24.67, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. Home Depot has a twelve month low of $323.77 and a twelve month high of $439.37. 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 quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Asset Planning Services Inc. LA ADV grew its position in shares of Home Depot by 99,400.7% in the first quarter. Asset Planning Services Inc. LA ADV now owns 18,975,772 shares of the home improvement retailer’s stock valued at $6,954,431,000 after purchasing an additional 18,956,701 shares during the last quarter. Norges Bank acquired a new stake in Home Depot during the 4th quarter worth approximately $5,032,910,000. GAMMA Investing LLC boosted its stake in Home Depot by 39,194.1% in the 1st quarter. GAMMA Investing LLC now owns 10,236,903 shares of the home improvement retailer’s stock valued at $37,517,230,000 after purchasing an additional 10,210,851 shares during the period. Raymond James Financial Inc. acquired a new position in Home Depot in the 4th quarter valued at $2,212,546,000. Finally, Nuveen LLC acquired a new position in Home Depot in the 1st quarter valued at $2,076,592,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot Dividend Announcement

The business also recently announced 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 payout ratio is 62.42%.

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.