Home Depot (HD) Tops Q2 EPS by 33c, Revenues Beat

Home Depot (HD) PT Raised to $323 at RBC Capital Following Earnings

August 18, 2020 1:29 PM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Home Depot (NYSE: HD) to $323.00 (from $297.00) while maintaining an Outperform rating following earnings.

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Home Depot (HD) Declares $1.50 Quarterly Dividend; 2% Yield

August 18, 2020 6:08 AM EDT

Home Depot (NYSE: HD) declared a quarterly dividend of $1.50 per share, or $6 annualized.

The dividend will be payable on September 17, 2020, to stockholders of record on September 3, 2020, with an ex-dividend date of September 2, 2020.

The annual yield on the dividend is 2... More

Lowe's seen gaining on Home Depot in lockdown DIY boom

August 17, 2020 11:26 AM EDT

By Uday Sampath Kumar

(Reuters) - Lowe's Co Inc (NYSE: LOW) is expected to edge past rival Home Depot (NYSE: HD) with what could be its biggest growth in quarterly same-store sales in at least a decade, benefiting from its exposure to customers ready to splurge on do-it-yourself home renovations.

Sellers of paint, tools and gardening equipment have been among the winners since the start of the COVID-19 pandemic, as people take up more repair and... More

BofA raises 2Q estimates for Lowe's (LOW) and Home Depot (HD) on robust home improvement spending, sees 'record comps' for both

August 17, 2020 9:51 AM EDT

After noting robust spending home improvements in July, BofA Securities has maintained a "Buy" rating on Lowes (NYSE: LOW). Elizabeth Suzuki, the banks analyst, now expects 2Q EPS of $2.91 on a 15.0% surge in same-store sales.

The new forecast is higher than the current market consensus of EPS of $2.86 per share and 12.9% sales growth. As a result, Suzuki has upgraded the stock... More

Home Depot (HD) PT Raised to $290 at BofA Securities

August 17, 2020 8:07 AM EDT

BofA Securities analyst Elizabeth Suzuki raised the price target on Home Depot (NYSE: HD) to $290.00 (from $270.00) while maintaining a Neutral rating.... More

Home Depot (HD) PT Raised to $320 at Oppenheimer

August 17, 2020 7:47 AM EDT

Oppenheimer analyst Brian Nagel raised the price target on Home Depot (NYSE: HD) to $320.00 (from $274.00) while maintaining a Outperform rating.... More

Equities edge higher, bonds stable after Chinese stocks rally

August 16, 2020 8:41 PM EDT

By David Randall

NEW YORK (Reuters) - Global equities markets edged higher and perceived safe havens such as U.S. Treasuries gained on Monday as investors weighed further financial stimulus in China against tightening economic restrictions in Italy after a resurgence of coronavirus cases among young people.

Chinese blue chips led the way with gains of 2.35% as the country's central bank provided more medium-term loans to the financial system. Beijing also granted a patent for a CanSino Biologics COVID-19 vaccine candidate, Ad5-nCOV.

Coronavirus cases in Italy have doubled over the past two weeks,... More

Stock futures point to modest Wall Street gains ahead of big retail earnings week

August 16, 2020 8:00 PM EDT

NEW YORK (Reuters) - U.S. stock index futures indicate Wall Street will make moderate gains on Monday as retail earnings queue up and with housing data in the offing.

Second-quarter earnings season is mostly over, with major retailers yet to post results. Walmart Inc (NYSE:... More

Home Depot (HD) PT Raised to $300 at Baird

August 14, 2020 6:54 AM EDT

Baird analyst Peter S. Benedict raised the price target on Home Depot (NYSE: HD) to $300.00 (from $275.00) while maintaining a Outperform rating.... More

DA Davidson Starts Home Depot (HD) at Neutral

August 14, 2020 4:22 AM EDT

DA Davidson analyst Katy Hallberg initiates coverage on Home Depot (NYSE: HD) with a Neutral rating and a price target of $290.00.

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 $281.66 yesterday.

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