Home Depot (NYSE:HD) Issues FY 2026 Earnings Guidance

Home Depot (NYSE:HD) updated its FY 2026 earnings guidance on Tuesday. The company provided EPS guidance of 14.230-14.799 for the period, compared to the consensus EPS estimate of 14.500. The company issued revenue guidance of -.

Home Depot Price Performance

NYSE:HD opened at $379.35 on Wednesday. Home Depot has a 52-week low of $326.31 and a 52-week high of $426.75. The stock has a fifty day moving average of $370.27 and a 200 day moving average of $380.12. The company has a debt-to-equity ratio of 3.82, a quick ratio of 0.29 and a current ratio of 1.05. The firm has a market capitalization of $377.65 billion, a price-to-earnings ratio of 25.79, a P/E/G ratio of 13.49 and a beta of 1.08.

Home Depot (NYSE:HD) last released its quarterly earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.52 by $0.20. Home Depot had a return on equity of 160.74% and a net margin of 8.77%.The firm had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same quarter last year, the firm posted $3.13 EPS. The company’s revenue was down 3.8% compared to the same quarter last year. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS. On average, research analysts expect that Home Depot will post 15.13 EPS for the current fiscal year.

Home Depot Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 12th will be issued a $2.33 dividend. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s payout ratio is currently 62.71%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on HD shares. Oppenheimer dropped their price objective on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a report on Friday, December 5th. HSBC dropped their price target on Home Depot from $445.00 to $400.00 and set a “hold” rating for the company in a research note on Wednesday, November 19th. Wolfe Research raised their price objective on Home Depot from $413.00 to $414.00 and gave the company an “outperform” rating in a report on Wednesday. TD Cowen boosted their target price on Home Depot from $410.00 to $450.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Finally, Piper Sandler lowered their price objective on shares of Home Depot from $441.00 to $422.00 and set an “overweight” rating for the company in a report on Monday. Twenty-one analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $414.37.

Insiders Place Their Bets

In other news, EVP Angie Brown sold 1,946 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $357.63, for a total value of $695,947.98. Following the sale, the executive vice president directly owned 3,941 shares of the company’s stock, valued at $1,409,419.83. This represents a 33.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Teresa Wynn Roseborough sold 2,872 shares of the business’s stock in a transaction on Friday, December 26th. The stock was sold at an average price of $348.52, for a total value of $1,000,949.44. Following the completion of the sale, the executive vice president directly owned 13,196 shares in the company, valued at $4,599,069.92. This trade represents a 17.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 4,963 shares of company stock worth $1,748,845. 0.10% of the stock is currently owned by company insiders.

Key Stories Impacting Home Depot

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

• Positive Sentiment: Q4 earnings and revenue topped expectations (largest EPS beat in many quarters), showing resilient margin execution and improved comps versus recent prints. PR Newswire: Home Depot Q4 results
• Positive Sentiment: Board raised the quarterly dividend by 1.3% to $2.33, supporting income-focused investors and signaling cash-flow confidence. PR Newswire: Dividend increase
• Positive Sentiment: Several sell-side analysts raised price targets and reiterated buy/outperform views after the print (Telsey, DA Davidson, J.P. Morgan commentary), providing uplift to sentiment. The Fly: DA Davidson raises target
• Neutral Sentiment: Management reaffirmed FY2026 EPS guidance (range provided) — the midpoint is close to consensus but guidance is tepid, so it removes some near-term uncertainty without implying strong upside. MarketBeat: Q4 release & guidance
• Neutral Sentiment: Home Depot’s shift toward pro/B2B sales (nearing ~50% of revenue commentary) and digital tools are cited as structural positives that improve earnings quality over time. PYMNTS: B2B momentum
• Negative Sentiment: Sales fell 3.8% Y/Y and management flagged a “frozen” housing market and customers delaying big projects; that weak top-line trend and margin headwinds limit upside. MarketBeat: Sales decline & metrics
• Negative Sentiment: CEO Ted Decker warned customers aren’t investing amid affordability/job worries — a cautionary tone that increases recession/consumer-risk concern for investors. Fortune: CEO warns on customer behavior
• Negative Sentiment: Some analysts and commentators question HD’s premium valuation and urge caution (mixed-quarter narrative — beat on EPS but weaker sales/growth), which may cap multiple expansion. Seeking Alpha: valuation concerns
• Negative Sentiment: High-profile commentators (e.g., Cramer) advised not to buy immediately despite long-term potential, adding short-term selling pressure for some traders. Invezz: Cramer commentary

Institutional Investors Weigh In On Home Depot

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HD. Parvin Asset Management LLC lifted its position in Home Depot by 110.0% in the third quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after buying an additional 33 shares during the last quarter. Advocate Investing Services LLC bought a new position in Home Depot during the fourth quarter valued at $25,000. Imprint Wealth LLC purchased a new stake in shares of Home Depot in the third quarter valued at $34,000. Triumph Capital Management bought a new stake in shares of Home Depot in the 3rd quarter worth about $40,000. Finally, Binnacle Investments Inc boosted its stake in shares of Home Depot by 28.8% during the 2nd quarter. Binnacle Investments Inc now owns 143 shares of the home improvement retailer’s stock worth $52,000 after purchasing an additional 32 shares during the period. 70.86% of the stock is currently owned by hedge funds and other institutional investors.

Home Depot Company Profile

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.