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

Home Depot (HD) PT Raised to $440 at UBS

UBS analyst Michael Lasser raised the price target on Home Depot (NYSE: HD) to $440.00 (from $410.00) while maintaining a Buy rating.... More

Home Depot (HD) PT Raised to $420 at Evercore ISI

Evercore ISI analyst Greg Melich raised the price target on Home Depot (NYSE: HD) to $420.00 (from $385.00) while maintaining a Outperform rating.... More

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

Jefferies 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

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

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.

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

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

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

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

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

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

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.

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

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

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