Home Depot (NYSE:HD) Updates FY26 Earnings Guidance

Home Depot (NYSE:HD) updated its FY26 earnings guidance on Tuesday. The company provided earnings per share guidance of $14.94 for the period, compared to the consensus earnings per share estimate of $15.65. The company issued revenue guidance of $163.97 billion, compared to the consensus revenue estimate of $164.22 billion. Home Depot also updated its FY 2025 guidance to 14.940-14.940 EPS.

Home Depot Price Performance

HD stock traded up $2.11 during midday trading on Wednesday, reaching $395.40. 1,269,987 shares of the company’s stock traded hands, compared to its average volume of 3,198,138. The company has a 50-day simple moving average of $401.23 and a two-hundred day simple moving average of $398.48. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. Home Depot has a 1-year low of $323.77 and a 1-year high of $439.37. The company has a market cap of $392.77 billion, a price-to-earnings ratio of 26.85, a PEG ratio of 4.03 and a beta of 1.05.

Home Depot (NYSE:HD) last announced its earnings results on Tuesday, February 25th. The home improvement retailer reported $3.13 earnings per share for the quarter, beating analysts’ consensus estimates of $3.04 by $0.09. The company had revenue of $39.70 billion during the quarter, compared to analyst estimates of $39.15 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 14.1% compared to the same quarter last year. During the same period last year, the company posted $2.82 earnings per share. On average, analysts anticipate that Home Depot will post 15.13 earnings per share for the current year.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be given a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.33%. This is a positive change from Home Depot’s previous quarterly dividend of $2.25. Home Depot’s dividend payout ratio is presently 61.14%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wedbush restated an “outperform” rating and issued a $440.00 price objective on shares of Home Depot in a research report on Wednesday. Stifel Nicolaus boosted their target price on Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a research report on Monday, November 11th. Evercore ISI upped their price target on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a research note on Wednesday, November 13th. HSBC upgraded Home Depot from a “reduce” rating to a “hold” rating and lifted their price objective for the stock from $356.00 to $410.00 in a research report on Wednesday. Finally, Wells Fargo & Company upped their target price on shares of Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research report on Thursday, February 13th. Eight research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. According to MarketBeat.com, Home Depot has an average rating of “Moderate Buy” and an average price target of $437.12.

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.