Home Depot (HD) Declares $1.50 Quarterly Dividend; 2.4% Yield

Home Depot (HD) Misses Q1 EPS by 18c, Revenues Beat; Suspending FY20 Guidance, 'Sales Were Strong at End of 1Q'

May 19, 2020 6:04 AM EDT

Home Depot (NYSE: HD) reported Q1 EPS of $2.08, $0.18 worse than the analyst estimate of $2.26. Revenue for the quarter came in at $28.26 billion versus the consensus estimate of $27.28 billion.

Comparable sales for the first quarter of fiscal 2020 were positive 6.4 percent, and comparable sales in the U.S. were positive 7.5 percent.

"As the COVID-19 pandemic evolved, we anchored to the core values of our Company by focusing on two key priorities: working to ensure the safety and well-being of our associates and customers, and providing our customers and communities with essential products. We took... More

Home Depot (HD) PT Lowered to $274 at Oppenheimer

May 18, 2020 1:35 PM EDT

Oppenheimer analyst Brian Nagel lowered the price target on Home Depot (NYSE: HD) to $274.00 (from $288.00) while maintaining a Outperform rating.

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Home Depot (HD) PT Raised to $265 at Baird

May 18, 2020 8:01 AM EDT

Baird analyst Peter S. Benedict raised the price target on Home Depot (NYSE: HD) to $265.00 (from $215.00) while maintaining a Outperform rating.... More

Take Five: ZIRP to NIRP, a jump policymakers must consider

May 15, 2020 10:47 AM EDT

(Reuters) - 1/SUB-ZERO

Love them or loathe them, negative interest rates are back in the spotlight as ammunition-depleted central banks debate the pros and cons of going down the unorthodox route already trodden by the BOJ and ECB.

The Federal Reserve has so far brushed aside President Donald Trump's calls to adopt negative rates. Bank of England governor Andrew Bailey too said he isn't considering taking rates sub-zero. But markets reckon otherwise. Fed funds futures, for the first time ever, reflect a small chance that a negative rate policy will find its way to U.S. shores.... More