FY2025 Earnings Forecast for Home Depot Issued By Wedbush

The Home Depot, Inc. (NYSE:HD) – Stock analysts at Wedbush raised their FY2025 earnings per share estimates for Home Depot in a report released on Tuesday, November 12th. Wedbush analyst S. Basham now forecasts that the home improvement retailer will post earnings per share of $15.14 for the year, up from their previous forecast of $14.88. The consensus estimate for Home Depot’s current full-year earnings is $14.99 per share. Wedbush also issued estimates for Home Depot’s Q4 2025 earnings at $3.03 EPS, Q1 2026 earnings at $3.56 EPS, Q2 2026 earnings at $4.76 EPS, Q3 2026 earnings at $4.09 EPS, Q4 2026 earnings at $3.11 EPS and FY2026 earnings at $15.51 EPS.

Several other brokerages have also recently issued reports on HD. Loop Capital upgraded shares of Home Depot from a “hold” rating to a “buy” rating and upped their price target for the company from $360.00 to $460.00 in a research report on Wednesday, October 9th. Morgan Stanley raised their target price on Home Depot from $380.00 to $450.00 and gave the stock an “overweight” rating in a research report on Monday, October 21st. Barclays upped their price target on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Gordon Haskett upgraded Home Depot from an “accumulate” rating to a “buy” rating and set a $450.00 price objective for the company in a research report on Wednesday, October 2nd. Finally, JPMorgan Chase & Co. upped their target price on Home Depot from $377.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, August 5th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and twenty-three have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $426.00.

Home Depot Trading Down 1.1 %

Shares of HD stock opened at $405.60 on Thursday. The firm has a market capitalization of $402.88 billion, a P/E ratio of 27.56, a P/E/G ratio of 2.79 and a beta of 1.01. The company has a quick ratio of 0.33, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The stock’s fifty day simple moving average is $397.67 and its 200 day simple moving average is $365.56. Home Depot has a twelve month low of $302.34 and a twelve month high of $421.56.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, November 12th. The home improvement retailer reported $3.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.64 by $0.14. The business had revenue of $40.22 billion during the quarter, compared to analysts’ expectations of $39.31 billion. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. During the same period in the prior year, the company earned $3.81 EPS.

Home Depot Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $2.25 per share. This represents a $9.00 dividend on an annualized basis and a dividend yield of 2.22%. Home Depot’s dividend payout ratio is currently 61.14%.

Institutional Investors Weigh In On Home Depot

Institutional investors and hedge funds have recently made changes to their positions in the business. Kestra Investment Management LLC bought a new stake in shares of Home Depot in the 3rd quarter worth $1,330,000. Paradigm Capital Management LLC NV purchased a new stake in Home Depot in the 3rd quarter valued at about $472,000. FSA Wealth Management LLC bought a new position in shares of Home Depot during the 3rd quarter worth approximately $160,000. B&L Asset Management LLC purchased a new position in shares of Home Depot in the 3rd quarter worth approximately $725,000. Finally, Erste Asset Management GmbH bought a new position in shares of Home Depot in the third quarter valued at approximately $49,714,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

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.