Home Depot (HD) PT Raised to $455 at Jefferies

Home Depot (HD) Declares $1.65 Quarterly Dividend; 1.6% Yield

November 18, 2021 4:03 PM EST

Home 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 $425 at Guggenheim

November 17, 2021 7:15 AM EST

Guggenheim 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 EST

Goldman Sachs analyst Kate McShane raised the price target on Home Depot (NYSE: HD) to $428.00 (from $390.00) while maintaining a Buy rating.

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Home Depot (HD) PT Raised to $425 at Telsey

November 17, 2021 7:01 AM EST

Telsey analyst Joseph Feldman raised the price target on Home Depot (NYSE: HD) to $425.00 (from $390.00) while maintaining a Outperform rating.

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Home Depot (HD) PT Raised to $445 at Citi

November 17, 2021 5:50 AM EST

Citi analyst Steven Zaccone raised the price target on Home Depot (NYSE: HD) to $445.00 (from $418.00) while maintaining a Buy rating.... More

Home Depot (HD) PT Raised to $430 at Barclays

November 17, 2021 4:31 AM EST

Barclays analyst Karen Short raised the price target on Home Depot (NYSE: HD) to $430.00 (from $350.00) while maintaining a Overweight rating.... More

Home Depot (HD) PT Raised to $405 at Morgan Stanley on a Higher Multiple

November 17, 2021 2:34 AM EST

Morgan Stanley analyst Simeon Gutman raised the price target on Home Depot (NYSE: HD) to $405.00 (from $370.00) after Q3 results, on modestly higher (+1%) '23e EPS and a higher target multiple (~23x vs ~21x previously).

The analyst reiterated an Overweight rating, stating... More

Home Depot (HD) PT Raised to $420 at Truist Securities

November 16, 2021 1:22 PM EST

Truist Securities analyst Keith Hughes raised the price target on Home Depot (NYSE: HD) to $420.00 (from $325.00) while maintaining a Hold rating following earnings.

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Home 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 EST

Shares 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

Home Depot signals strong start to holiday season home improvement spending

November 16, 2021 6:14 AM EST

By Uday Sampath Kumar

(Reuters) -Home Depot Inc beat quarterly sales estimates by nearly $2 billion on Tuesday and signaled a strong start to the holiday season as Americans spend more on tools and materials to complete large home improvement projects.

Shares of the largest U.S. home improvement chain rose 4%, hitting a record high.

Professional contractors such as builders and handymen have been rushing back to Home Depot's stores as they look to upgrade their... More

Home Depot (HD) Tops Q3 EPS by 59c, Revenues Beat

November 16, 2021 6:07 AM EST

Home Depot (NYSE: HD) reported Q3 EPS of $3.92, $0.59 better than 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 for the third quarter of fiscal 2021 increased 6.1 percent, and comparable sales in... More