Q1 EPS Estimates for Home Depot Decreased by Analyst

The Home Depot, Inc. (NYSE:HD) – Telsey Advisory Group dropped their Q1 2026 earnings per share estimates for shares of Home Depot in a note issued to investors on Wednesday, February 26th. Telsey Advisory Group analyst J. Feldman now anticipates that the home improvement retailer will post earnings of $3.58 per share for the quarter, down from their prior estimate of $3.76. Telsey Advisory Group has a “Outperform” rating and a $455.00 price target on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Telsey Advisory Group also issued estimates for Home Depot’s Q2 2026 earnings at $4.68 EPS, Q3 2026 earnings at $3.88 EPS, Q4 2026 earnings at $2.87 EPS and FY2027 earnings at $16.50 EPS.

HD has been the subject of a number of other research reports. Guggenheim reaffirmed a “buy” rating and set a $450.00 target price on shares of Home Depot in a report on Wednesday. Stifel Nicolaus lifted their target price on Home Depot from $375.00 to $400.00 and gave the company a “hold” rating in a report on Monday, November 11th. Barclays lifted their target price on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Evercore ISI lifted their target price on Home Depot from $420.00 to $430.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Finally, Royal Bank of Canada cut their price objective on Home Depot from $431.00 to $424.00 and set a “sector perform” rating for the company in a report on Wednesday. Nine research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $436.50.

Home Depot Stock Down 0.7 %

HD stock opened at $390.40 on Thursday. 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 has a market capitalization of $387.81 billion, a PE ratio of 26.52, a PEG ratio of 4.03 and a beta of 1.05. Home Depot has a twelve month low of $323.77 and a twelve month high of $439.37. The stock has a 50-day simple moving average of $401.17 and a two-hundred day simple moving average of $398.42.

Home Depot (NYSE:HD) last posted 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 business 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 company’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.82 EPS.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 13th will be issued a dividend of $2.30 per share. This represents a $9.20 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date is Thursday, March 13th. This is an increase from Home Depot’s previous quarterly dividend of $2.25. Home Depot’s dividend payout ratio is currently 61.14%.

Hedge Funds Weigh In On Home Depot

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pensionfund Sabic raised its holdings in Home Depot by 51.4% in the fourth quarter. Pensionfund Sabic now owns 11,200 shares of the home improvement retailer’s stock worth $4,357,000 after purchasing an additional 3,800 shares in the last quarter. Swedbank AB raised its holdings in Home Depot by 17.1% in the third quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock worth $368,542,000 after purchasing an additional 132,967 shares in the last quarter. Wedmont Private Capital raised its holdings in Home Depot by 12.5% in the fourth quarter. Wedmont Private Capital now owns 13,569 shares of the home improvement retailer’s stock worth $5,291,000 after purchasing an additional 1,506 shares in the last quarter. Johnson & White Wealth Management LLC bought a new position in Home Depot in the fourth quarter worth $1,793,000. Finally, Cerity Partners LLC raised its holdings in Home Depot by 14.3% in the third quarter. Cerity Partners LLC now owns 673,876 shares of the home improvement retailer’s stock worth $273,055,000 after purchasing an additional 84,062 shares in the last quarter. Institutional investors own 70.86% of the company’s stock.

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.