Home Depot (NYSE:HD) Announces Earnings Results, Beats Expectations By $0.09 EPS

Home Depot (NYSE:HD) issued its quarterly 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. The firm had revenue of $39.70 billion during the quarter, compared to analyst estimates of $39.15 billion. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. Home Depot’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.82 earnings per share. Home Depot updated its FY 2025 guidance to 14.940-14.940 EPS and its FY26 guidance to $14.94 EPS.

Home Depot Price Performance

HD traded down $0.22 during trading on Wednesday, hitting $393.07. The company’s stock had a trading volume of 380,340 shares, compared to its average volume of 3,175,715. Home Depot has a 12 month low of $323.77 and a 12 month high of $439.37. The stock has a market capitalization of $390.46 billion, a price-to-earnings ratio of 26.61, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65. The firm’s 50 day moving average price is $401.23 and its two-hundred day moving average price is $398.48.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued 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 dividend on an annualized basis and a dividend yield of 2.34%. Home Depot’s dividend payout ratio (DPR) is presently 61.14%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on HD shares. Barclays increased their target price on shares of Home Depot from $372.00 to $420.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. Truist Financial dropped their price objective on Home Depot from $467.00 to $437.00 and set a “buy” rating on the stock in a report on Wednesday. Royal Bank of Canada upped their target price on shares of Home Depot from $363.00 to $413.00 and gave the company a “sector perform” rating in a research note on Monday, November 11th. Bank of America raised their price objective on Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, February 10th. Eight research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $435.92.

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.