Home Depot signals strong start to holiday season home improvement spending
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Home Depot (HD) Declares $1.65 Quarterly Dividend; 1.6% Yield
November 18, 2021 4:03 PM ESTHome Depot (NYSE: HD) declared a quarterly dividend of $1.65 per share, or $6.6 annualized.
The dividend will be payable on December 16, 2021, to stockholders of record on December 2, 2021, with an ex-dividend date of December 1, 2021.
The annual yield on the dividend is 1.6... More
Home Depot (HD) PT Raised to $455 at Jefferies
November 17, 2021 7:50 AM ESTJefferies analyst Jonathan Matuszewski raised the price target on Home Depot (NYSE: HD) to $455.00 (from $369.00) while maintaining a Buy rating.
The analyst commented, "Following our initial review of 3Q, we believe the most impactful takeaways from the call include: (1) pro backlogs are 'significant'... More
Home Depot (HD) PT Raised to $425 at Guggenheim
November 17, 2021 7:15 AM ESTGuggenheim analyst Steven Forbes raised the price target on Home Depot (NYSE: HD) to $425.00 (from $350.00) while maintaining a Buy rating.
The analyst commented, "... not only were HD's 3Q 2021 operating results solidas evidenced by ~19% EBITDA growth on top of ~23% growth in 3Q 2020but EBITDA margin expanded... More
Home Depot (HD) PT Raised to $428 at Goldman Sachs
November 17, 2021 7:05 AM ESTGoldman Sachs analyst Kate McShane raised the price target on Home Depot (NYSE: HD) to $428.00 (from $390.00) while maintaining a Buy rating.
... MoreHome Depot (HD) PT Raised to $425 at Telsey
November 17, 2021 7:01 AM ESTTelsey analyst Joseph Feldman raised the price target on Home Depot (NYSE: HD) to $425.00 (from $390.00) while maintaining a Outperform rating.
... MoreHome Depot (HD) Shares Edge Higher After Beating Estimates; BofA Remains Optimistic on Home Renovation Demand, Positive on Lowe's (LOW) Ahead of Results Tomorrow
November 16, 2021 9:26 AM ESTShares of the Home Depot (NYSE: HD) are up over 2.5% in pre-open Tuesday after the company reported better-than-expected Q3 results driven by strong sales.
Home Depot reported Q3 EPS of $3.92 to beat the analyst estimate of $3.33. Revenue for the quarter came in at $36.8 billion versus the consensus estimate of $34.49 billion.
Comparable sales rose 6.1%, and comparable sales in the U.S. jumped 5.5%.
"As evidenced by our strong performance in the quarter, our team continues to do an outstanding job of operating with flexibility and agility," said Craig Menear, chairman and... More
