FY2026 EPS Estimates for Home Depot Decreased by Analyst

The Home Depot, Inc. (NYSE:HD) – Equities research analysts at Zacks Research dropped their FY2026 earnings per share estimates for shares of Home Depot in a research note issued on Tuesday, December 2nd. Zacks Research analyst Team now forecasts that the home improvement retailer will post earnings of $14.48 per share for the year, down from their previous forecast of $14.96. Zacks Research has a “Strong Sell” rating on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Zacks Research also issued estimates for Home Depot’s Q1 2027 earnings at $3.68 EPS, Q2 2027 earnings at $4.82 EPS, Q3 2027 earnings at $4.03 EPS, Q4 2027 earnings at $2.93 EPS, FY2027 earnings at $15.46 EPS, Q1 2028 earnings at $4.06 EPS, Q2 2028 earnings at $5.27 EPS, Q3 2028 earnings at $4.41 EPS and FY2028 earnings at $16.86 EPS.

A number of other equities research analysts have also issued reports on HD. DA Davidson set a $430.00 target price on shares of Home Depot in a research note on Wednesday, November 19th. Bank of America lowered their price objective on Home Depot from $450.00 to $430.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Jefferies Financial Group cut their price objective on Home Depot from $474.00 to $438.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. DZ Bank reiterated a “sell” rating on shares of Home Depot in a research report on Tuesday, November 18th. Finally, TD Cowen lowered their price target on Home Depot from $470.00 to $410.00 and set a “buy” rating for the company in a report on Wednesday, November 19th. Twenty-one research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Home Depot presently has a consensus rating of “Moderate Buy” and an average price target of $403.50.

Home Depot Trading Up 1.0%

NYSE HD opened at $354.65 on Friday. The company has a market capitalization of $353.05 billion, a price-to-earnings ratio of 24.17, a price-to-earnings-growth ratio of 6.25 and a beta of 1.06. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.05 and a quick ratio of 0.29. Home Depot has a 12 month low of $326.31 and a 12 month high of $436.36. The company’s fifty day moving average price is $373.06 and its two-hundred day moving average price is $379.79.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, November 18th. The home improvement retailer reported $3.74 EPS for the quarter, missing the consensus estimate of $3.83 by ($0.09). The business had revenue of $41.35 billion for the quarter, compared to analysts’ expectations of $41.06 billion. Home Depot had a net margin of 8.77% and a return on equity of 160.74%. The business’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same quarter last year, the company posted $3.78 earnings per share. Home Depot has set its FY 2025 guidance at 14.478-14.478 EPS.

Home Depot Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be given a $2.30 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $9.20 annualized dividend and a yield of 2.6%. Home Depot’s dividend payout ratio (DPR) is currently 62.71%.

Insider Transactions at Home Depot

In other Home Depot news, EVP William D. Bastek sold 2,303 shares of the firm’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $423.12, for a total value of $974,445.36. Following the sale, the executive vice president directly owned 24,235 shares in the company, valued at approximately $10,254,313.20. This trade represents a 8.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.10% of the company’s stock.

Institutional Trading of Home Depot

A number of large investors have recently modified their holdings of HD. Vanguard Group Inc. boosted its position in shares of Home Depot by 0.3% during the third quarter. Vanguard Group Inc. now owns 98,310,031 shares of the home improvement retailer’s stock worth $39,834,241,000 after buying an additional 331,217 shares during the period. State Street Corp increased its position in Home Depot by 0.7% in the 2nd quarter. State Street Corp now owns 46,015,836 shares of the home improvement retailer’s stock valued at $16,871,246,000 after acquiring an additional 300,352 shares during the period. Geode Capital Management LLC raised its stake in Home Depot by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 22,978,809 shares of the home improvement retailer’s stock valued at $8,394,611,000 after acquiring an additional 327,674 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in Home Depot by 1.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 14,568,860 shares of the home improvement retailer’s stock valued at $5,341,724,000 after acquiring an additional 153,582 shares in the last quarter. Finally, Norges Bank acquired a new position in Home Depot during the 2nd quarter worth $4,885,603,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

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.