FY2026 Earnings Estimate for Home Depot Issued By Wedbush

The Home Depot, Inc. (NYSE:HD) – Equities researchers at Wedbush cut their FY2026 earnings estimates for Home Depot in a research note issued to investors on Tuesday, February 25th. Wedbush analyst S. Basham now expects that the home improvement retailer will post earnings of $14.64 per share for the year, down from their prior estimate of $15.71. Wedbush has a “Outperform” rating and a $440.00 price target on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Wedbush also issued estimates for Home Depot’s Q4 2026 earnings at $2.89 EPS and FY2027 earnings at $16.35 EPS.

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, topping analysts’ consensus estimates of $3.04 by $0.09. The company had revenue of $39.70 billion during the quarter, compared to the consensus estimate of $39.15 billion. Home Depot had a return on equity of 452.60% and a net margin of 9.45%. The company’s revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the firm earned $2.82 earnings per share.

Several other research firms also recently weighed in on HD. Bank of America raised their price objective on Home Depot from $425.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, November 13th. JPMorgan Chase & Co. increased their price objective on Home Depot from $450.00 to $475.00 and gave the company an “overweight” rating in a report on Monday, February 10th. HSBC raised Home Depot from a “reduce” rating to a “hold” rating and lifted their target price for the stock from $356.00 to $410.00 in a report on Wednesday. Piper Sandler cut their target price on Home Depot from $455.00 to $435.00 and set an “overweight” rating on the stock in a report on Wednesday. Finally, Hsbc Global Res raised Home Depot from a “moderate sell” rating to a “hold” rating in a report on Wednesday. Nine investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the stock. According to data from MarketBeat, Home Depot currently has an average rating of “Moderate Buy” and a consensus price target of $436.50.

Home Depot Stock Performance

HD opened at $396.69 on Friday. The firm has a market cap of $394.06 billion, a P/E ratio of 26.95, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. Home Depot has a 52-week low of $323.77 and a 52-week high of $439.37. The company has a debt-to-equity ratio of 8.65, a quick ratio of 0.31 and a current ratio of 1.13. The business’s fifty day moving average is $401.36 and its 200-day moving average is $399.06.

Home Depot Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a $2.30 dividend. The ex-dividend date is Thursday, March 13th. This represents a $9.20 annualized dividend and a yield of 2.32%. This is an increase from Home Depot’s previous quarterly dividend of $2.25. Home Depot’s dividend payout ratio (DPR) is currently 61.66%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in HD. BridgePort Financial Solutions LLC bought a new position in Home Depot in the 4th quarter worth about $767,000. Park Square Financial Group LLC bought a new position in Home Depot in the 4th quarter worth about $1,401,000. Total Wealth Planning & Management Inc. bought a new position in Home Depot in the 4th quarter worth about $1,664,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Home Depot in the 4th quarter worth about $275,420,000. Finally, Brooklyn FI LLC bought a new position in Home Depot in the 4th quarter worth about $2,312,000. 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.