Home Depot (NYSE:HD – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 14.940-14.940 for the period, compared to the consensus earnings per share estimate of 15.760. The company issued revenue guidance of $164.0 billion-$164.0 billion, compared to the consensus revenue estimate of $164.4 billion. Home Depot also updated its FY26 guidance to $14.94 EPS.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on HD shares. JPMorgan Chase & Co. boosted their target price on shares of Home Depot from $450.00 to $475.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Bank of America boosted their price objective on shares of Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Stifel Nicolaus raised their target price on shares of Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a research note on Monday, November 11th. Truist Financial lowered their price target on Home Depot from $467.00 to $437.00 and set a “buy” rating on the stock in a research report on Wednesday. Finally, Evercore ISI lifted their target price on Home Depot from $420.00 to $430.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 13th. Eight investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. Based on data from MarketBeat, Home Depot presently has a consensus rating of “Moderate Buy” and a consensus target price of $435.92.
Get Our Latest Stock Analysis on HD
Home Depot Stock Up 2.9 %
Home Depot (NYSE:HD – Get Free Report) last issued its earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 EPS for the quarter, beating the consensus estimate of $3.04 by $0.09. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The company had revenue of $39.70 billion during the quarter, compared to analysts’ expectations of $39.15 billion. During the same period in the previous year, the company earned $2.82 EPS. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. Sell-side analysts anticipate that Home Depot will post 15.13 EPS for the current fiscal year.
Home Depot Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $2.30 per share. 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 2.34%. 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.
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