Home Depot (NYSE:HD) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

Home Depot (NYSE:HD) posted its earnings results on Tuesday. The home improvement retailer reported $3.13 EPS for the quarter, topping the consensus estimate of $3.04 by $0.09, Zacks reports. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The firm had revenue of $39.70 billion during the quarter, compared to analysts’ expectations of $39.15 billion. During the same quarter in the prior year, the firm earned $2.82 EPS. Home Depot’s quarterly revenue was up 14.1% on a year-over-year basis. Home Depot updated its FY 2025 guidance to 14.940-14.940 EPS and its FY26 guidance to $14.94 EPS.

Home Depot Trading Up 0.5 %

Home Depot stock traded up $2.03 during midday trading on Thursday, reaching $392.51. The stock had a trading volume of 895,194 shares, compared to its average volume of 3,206,403. Home Depot has a twelve month low of $323.77 and a twelve month high of $439.37. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.13 and a quick ratio of 0.31. The firm has a market cap of $389.90 billion, a price-to-earnings ratio of 26.68, a PEG ratio of 4.03 and a beta of 1.05. The firm’s fifty day simple moving average is $401.17 and its two-hundred day simple moving average is $398.42.

Home Depot Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 13th will be issued a dividend of $2.30 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.34%. This is a positive change from Home Depot’s previous quarterly dividend of $2.25. Home Depot’s payout ratio is currently 61.14%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HD. Wells Fargo & Company lifted their target price on Home Depot from $440.00 to $450.00 and gave the company an “overweight” rating in a research note on Thursday, February 13th. Telsey Advisory Group restated an “outperform” rating and set a $455.00 price objective on shares of Home Depot in a research note on Wednesday. Hsbc Global Res raised shares of Home Depot from a “moderate sell” rating to a “hold” rating in a report on Wednesday. Truist Financial lowered their target price on shares of Home Depot from $467.00 to $437.00 and set a “buy” rating on the stock in a research note on Wednesday. Finally, Stifel Nicolaus upped their price target on shares of Home Depot from $375.00 to $400.00 and gave the stock a “hold” rating in a research note on Monday, November 11th. Nine investment analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $436.50.

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.