Home Depot (HD) Declares $1.03 Quarterly Dividend; 2.1% Yield

Go back to Home Depot (HD) Declares $1.03 Quarterly Dividend; 2.1% Yield

Home Depot (HD) PT Raised to $227 at Citi on 2Q Report; 'All-Around Strength... U.S. Macro Environment & Housing Market Remain Supportive'

August 15, 2018 6:16 AM EDT

Citi analyst Kate McShane raised the price target on Home Depot (NYSE: HD) to $227.00 (from $219.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Kate McShane notes a positive outlook on the shares, as the company reported second... More

Home Depot (HD) PT Raised to $203 at Piper Jaffray

August 14, 2018 1:22 PM EDT

Piper Jaffray analyst Peter Keith raised the price target on Home Depot (NYSE: HD) to $203.00 (from $199.00) while maintaining a Neutral rating.

Keith noted a solid Q2 with no signs of slowing in the remodeling market. That said, he sees risk/reward as balanced.

... More

Home Depot (HD) PT Raised to $218 at RBC Capital

August 14, 2018 1:05 PM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $218.00 (from $216.00) while maintaining an Outperform rating following strong Q2 results.

Ciccarelli said the meaningful Q2 rebound and strong results should alleviate concerns over a slowdown in home improvement activity.

... More

Jefferies Reinstates Home Depot (HD) at Buy

August 14, 2018 12:27 PM EDT

Jefferies analyst Randal Konik reinstates coverage on Home Depot (NYSE: HD) with a Buy rating and a price target of $228.00.

For an analyst ratings summary and ratings history on Home Depot click here. For more ratings news on Home Depot click here.

Shares of Home Depot closed at $194.14 yesterday.

... More

Home Depot second-quarter sales bounce back, results top estimates

August 14, 2018 6:17 AM EDT

By Nandita Bose

(Reuters) - Home Depot Inc's (NYSE: HD) profit and revenue topped estimates on Tuesday despite signs of a slowdown in the housing market, boosted by a rebound in demand for seasonal products and as shoppers spent more to remodel their homes.

The No. 1 U.S. home improvement chain also raised its earnings and revenue forecasts for the year.

Consumers are investing in their homes, even as higher mortgage rates and rising real estate prices have hurt home sales this summer. Sales of new U.S.... More

Home Depot (HD) Tops Q2 EPS by 21c, Beats on Revenues; Lifts FY18 EPS Growth Guidance

August 14, 2018 6:02 AM EDT

(Updated - August 14, 2018 6:13 AM EDT)

Home Depot (NYSE: HD) reported Q2 EPS of $3.05, $0.21 better than the analyst estimate of $2.84. Revenue for the quarter came in at $30.46 billion versus the consensus estimate of $30.01 billion.

"We were very pleased with our record second... More