Q1 Earnings Estimate for Home Depot Issued By Zacks Research

The Home Depot, Inc. (NYSE:HD) – Zacks Research reduced their Q1 2027 earnings estimates for shares of Home Depot in a research note issued on Tuesday, March 10th. Zacks Research analyst Team now anticipates that the home improvement retailer will earn $3.42 per share for the quarter, down from their prior forecast of $3.68. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Zacks Research also issued estimates for Home Depot’s Q2 2027 earnings at $4.73 EPS, Q3 2027 earnings at $4.00 EPS, Q4 2027 earnings at $2.86 EPS, FY2027 earnings at $15.01 EPS, Q1 2028 earnings at $3.81 EPS, Q2 2028 earnings at $5.11 EPS, Q3 2028 earnings at $4.35 EPS, Q4 2028 earnings at $3.12 EPS, FY2028 earnings at $16.39 EPS and FY2029 earnings at $17.69 EPS.

HD has been the subject of several other reports. DA Davidson boosted their price objective on shares of Home Depot from $407.00 to $445.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Piper Sandler cut their target price on Home Depot from $441.00 to $422.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Wall Street Zen cut Home Depot from a “hold” rating to a “sell” rating in a report on Friday, November 28th. Argus lowered their price target on Home Depot from $450.00 to $425.00 and set a “buy” rating for the company in a research report on Thursday, November 20th. Finally, Morgan Stanley upped their price target on Home Depot from $412.00 to $420.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 25th. Twenty analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $416.00.

Home Depot Stock Performance

NYSE:HD opened at $357.15 on Wednesday. The company has a quick ratio of 0.26, a current ratio of 1.06 and a debt-to-equity ratio of 3.62. The company has a market cap of $355.54 billion, a P/E ratio of 25.10, a P/E/G ratio of 12.71 and a beta of 1.09. Home Depot has a fifty-two week low of $326.31 and a fifty-two week high of $426.75. The firm’s 50 day moving average is $373.92 and its two-hundred day moving average is $377.75.

Home Depot (NYSE:HD) last released its earnings results on Tuesday, February 24th. The home improvement retailer reported $2.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.52 by $0.20. Home Depot had a net margin of 8.60% and a return on equity of 134.32%. The business had revenue of $38.20 billion for the quarter, compared to analysts’ expectations of $38.01 billion. During the same period last year, the company earned $3.13 earnings per share. The company’s quarterly revenue was down 3.8% on a year-over-year basis. Home Depot has set its FY 2026 guidance at 14.230-14.799 EPS.

Institutional Investors Weigh In On Home Depot

Several institutional investors and hedge funds have recently modified their holdings of HD. Advisortrust Partners LLC acquired a new stake in shares of Home Depot in the fourth quarter valued at about $250,000. PeakShares LLC acquired a new position in Home Depot during the 4th quarter worth approximately $983,000. Rubicon Advisors GP acquired a new position in Home Depot during the 4th quarter worth approximately $217,000. Corient Private Wealth LLC boosted its holdings in Home Depot by 14.0% in the 4th quarter. Corient Private Wealth LLC now owns 1,205,660 shares of the home improvement retailer’s stock worth $415,127,000 after acquiring an additional 148,516 shares during the period. Finally, Lifetime Wealth Management P.C. purchased a new position in Home Depot in the 4th quarter worth approximately $38,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Insider Buying and Selling at Home Depot

In related news, CFO Richard V. Mcphail sold 2,550 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $368.89, for a total value of $940,669.50. Following the completion of the sale, the chief financial officer directly owned 44,566 shares in the company, valued at approximately $16,439,951.74. This represents a 5.41% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Ann Marie Campbell sold 145 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $358.26, for a total value of $51,947.70. Following the completion of the transaction, the executive vice president directly owned 12,320 shares in the company, valued at $4,413,763.20. This trade represents a 1.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 7,513 shares of company stock worth $2,689,515. Insiders own 0.10% of the company’s stock.

Home Depot Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $2.33 per share. This represents a $9.32 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Thursday, March 12th. This is a positive change from Home Depot’s previous quarterly dividend of $2.30. Home Depot’s dividend payout ratio (DPR) is presently 64.65%.

Key Stories Impacting Home Depot

Here are the key news stories impacting Home Depot this week:

• Positive Sentiment: Home Depot Foundation expanded its Path to Pro Education Grants with a $1M 2026 investment to upgrade skilled‑trades training facilities, supporting the long‑term pipeline of professional customers that are important to HD’s sales mix. The Home Depot Foundation Helps Revitalize “Shop Class” with Nationwide Grants
• Positive Sentiment: Reports show rising big‑ticket (> $1,000) purchases in Q4 driven by professional customers, which lifts average ticket even as overall transactions fall — a revenue mix shift that can support margins and lifetime customer value. Home Depot Sees Higher Big Ticket Sales: Is Pro Demand Driving Growth?
• Neutral Sentiment: A recent filing shows Sen. Sheldon Whitehouse sold a small amount (~$5K) of HD stock — a minor insider transaction that is unlikely to move fundamentals. Recent Filing Shows That Sen. Sheldon Whitehouse Sold Over $5K Worth of Home Depot Stock
• Negative Sentiment: Zacks Research cut multiple near‑term EPS estimates across Q1–Q4 2027 and Q1–Q4 2028 and lowered FY2027/FY2028 forecasts while keeping a “Hold” rating — this compresses near‑term earnings expectations and can weigh on the stock. (Zacks reductions cover several quarters and both FY2027 and FY2028.)
• Negative Sentiment: Commentary and pieces highlight that HD shares have slid over the past month amid weak housing turnover and cautious consumers, prompting debate over whether the pullback is a buying opportunity or a warning sign for demand. Home Depot Slides 8% in a Month: A Buy Opportunity or Warning Sign?
• Negative Sentiment: Coverage of intensified loss‑prevention events (shoplifting incidents) raises the prospect of higher shrink and operating costs in the near term — a potential margin headwind if trends persist. Home Depot Stock (NYSE:HD) Plunges as Loss Prevention Gets a Workout

About Home Depot

The Home Depot, Inc (NYSE: HD) is a leading home improvement retailer that operates large-format stores and an integrated online platform offering a broad range of products and services for do-it-yourself consumers, professional contractors and businesses. The company was founded in 1978 by Bernard Marcus and Arthur Blank and is headquartered in Atlanta, Georgia. Since opening its first stores at the end of the 1970s, Home Depot has grown into a multinational retailer known for its orange-branded stores and wide assortment of home improvement merchandise.

Home Depot’s core business includes the sale of building materials, lumber, tools, hardware, appliances, paint, plumbing and electrical supplies, lawn and garden products, and home décor.