Home Depot (NYSE:HD) Issues Earnings Results

19 May 2026, 10:34 by Scott Moore · The Cerbat Gem

Home Depot (NYSE:HD – Get Free Report) announced its earnings results on Tuesday. The home improvement retailer reported $3.43 earnings per share for the quarter, topping analysts’ consensus estimates of $3.42 by $0.01, FiscalAI reports. The business had revenue of $41.77 billion for the quarter, compared to analyst estimates of $41.59 billion. Home Depot had a return on equity of 134.32% and a net margin of 8.60%. Home Depot updated its FY 2026 guidance to 14.690-15.278 EPS.

Home Depot Price Performance

Shares of Home Depot stock opened at $299.98 on Tuesday. The company has a current ratio of 1.06, a quick ratio of 0.26 and a debt-to-equity ratio of 3.62. The firm has a market capitalization of $298.79 billion, a PE ratio of 21.08, a price-to-earnings-growth ratio of 3.43 and a beta of 1.00. The business’s 50-day moving average price is $330.53 and its 200-day moving average price is $353.57. Home Depot has a 12 month low of $296.88 and a 12 month high of $426.75.

Home Depot Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th were given a dividend of $2.33 per share. This is a boost from Home Depot’s previous quarterly dividend of $2.30. The ex-dividend date was Thursday, March 12th. This represents a $9.32 annualized dividend and a dividend yield of 3.1%. Home Depot’s dividend payout ratio is currently 65.50%.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Gordon Haskett decreased their target price on Home Depot from $395.00 to $330.00 in a research note on Friday, May 8th. TD Cowen restated a “buy” rating on shares of Home Depot in a research note on Thursday, March 12th. Wells Fargo & Company decreased their target price on Home Depot from $420.00 to $375.00 and set an “overweight” rating on the stock in a research note on Thursday. Citigroup decreased their target price on Home Depot from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, May 12th. Finally, DA Davidson upped their target price on Home Depot from $407.00 to $445.00 and gave the stock a “buy” rating in a research note on Tuesday, February 24th. Twenty investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $401.34.

Check Out Our Latest Stock Report on HD

Home Depot News Roundup

Here are the key news stories impacting Home Depot this week:

Positive Sentiment: Home Depot beat first-quarter sales and earnings expectations, showing demand held up better than expected. Home Depot beats quarterly sales estimates on steady demand
Positive Sentiment: The company reaffirmed its full-year outlook, easing fears that management would cut guidance ahead of the results. Home Depot’s stock rises as the full-year outlook was kept intact, a relief for worried investors
Positive Sentiment: Management pointed to resilient professional demand and smaller DIY repair projects, suggesting core customers are still spending despite inflation and weak consumer confidence. Home Depot says core shopper is resilient in the face of higher gas prices, sales rise 5%
Neutral Sentiment: Sales growth was modest, and comparable sales in the U.S. were only slightly positive, indicating the recovery in home improvement spending is still uneven. The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance
Negative Sentiment: Several pre-earnings reports highlighted weak housing demand, high borrowing costs, and cautious consumer spending, which remain headwinds for future growth. Home Depot Posts Lower Profit Amid Slow Home Improvement Activity
Negative Sentiment: Oppenheimer cut its price target to $310 from $405, reflecting more cautious expectations for the stock. Home Depot (NYSE:HD) Price Target Cut to $310.00 by Analysts at Oppenheimer

Insider Activity at Home Depot

In other news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total transaction of $940,669.50. Following the transaction, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.08% of the company’s stock.

Hedge Funds Weigh In On Home Depot

Institutional investors have recently modified their holdings of the company. Advocate Investing Services LLC bought a new position in shares of Home Depot during the 4th quarter valued at about $25,000. Parvin Asset Management LLC boosted its holdings in Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock valued at $26,000 after acquiring an additional 33 shares during the period. Imprint Wealth LLC purchased a new stake in Home Depot during the 3rd quarter valued at about $34,000. Triumph Capital Management purchased a new stake in Home Depot during the 3rd quarter valued at about $40,000. Finally, Binnacle Investments Inc boosted its holdings in Home Depot by 28.8% during the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer’s stock valued at $52,000 after acquiring an additional 32 shares during the period. 70.86% of the stock is currently owned by institutional investors.

About Home Depot

(Get Free Report)

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.