Zacks Research Forecasts Home Depot’s Q1 Earnings (NYSE:HD)

The Home Depot, Inc. (NYSE:HD) – Research analysts at Zacks Research dropped their Q1 2027 EPS estimates for shares of Home Depot in a report issued on Tuesday, March 10th. Zacks Research analyst Team now expects that the home improvement retailer will post earnings per share of $3.42 for the quarter, down from their prior estimate 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.

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

A number of other research analysts have also recently weighed in on the company. BNP Paribas Exane raised their price target on Home Depot from $355.00 to $391.00 in a research report on Wednesday, February 25th. Bank of America lowered their price objective on shares of Home Depot from $450.00 to $430.00 and set a “buy” rating on the stock in a research note on Wednesday, November 19th. Oppenheimer dropped their target price on shares of Home Depot from $420.00 to $405.00 and set a “market perform” rating for the company in a report on Friday, December 5th. The Goldman Sachs Group dropped their target price on shares of Home Depot from $413.00 to $409.00 in a report on Wednesday, February 25th. Finally, Citigroup lifted their target price on shares of Home Depot from $407.00 to $450.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Twenty investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Home Depot currently has an average rating of “Moderate Buy” and a consensus target price of $416.00.

Home Depot Stock Up 1.0%

HD opened at $357.15 on Wednesday. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.26 and a current ratio of 1.06. The company has a market cap of $355.54 billion, a price-to-earnings ratio of 25.10, a PEG ratio of 12.71 and a beta of 1.09. Home Depot has a one year low of $326.31 and a one year high of $426.75. The business’s fifty day moving average is $373.92 and its two-hundred day moving average is $377.75.

Home Depot Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be paid a dividend of $2.33 per share. The ex-dividend date of this dividend is Thursday, March 12th. This is an increase from Home Depot’s previous quarterly dividend of $2.30. This represents a $9.32 dividend on an annualized basis and a dividend yield of 2.6%. Home Depot’s dividend payout ratio is 64.65%.

Insider Buying and Selling

In related news, EVP Angie Brown sold 1,946 shares of Home Depot stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $357.63, for a total transaction of $695,947.98. Following the completion of the sale, the executive vice president owned 3,941 shares in the company, valued at approximately $1,409,419.83. This trade represents a 33.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Richard V. Mcphail sold 2,550 shares of the business’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $368.89, for a total transaction of $940,669.50. Following the completion of the transaction, the chief financial officer directly owned 44,566 shares of the company’s stock, valued at $16,439,951.74. The trade was a 5.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 7,513 shares of company stock worth $2,689,515. 0.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On Home Depot

A number of institutional investors have recently modified their holdings of HD. Advocate Investing Services LLC purchased a new stake in Home Depot in the 4th quarter worth approximately $25,000. Parvin Asset Management LLC lifted its stake in shares of Home Depot by 110.0% during the 3rd quarter. Parvin Asset Management LLC now owns 63 shares of the home improvement retailer’s stock worth $26,000 after purchasing an additional 33 shares during the period. Key Capital Management INC acquired a new stake in shares of Home Depot during the fourth quarter worth $28,000. Sagard Holdings Management Inc. acquired a new stake in shares of Home Depot during the second quarter worth $29,000. Finally, Abound Financial LLC purchased a new stake in shares of Home Depot in the fourth quarter valued at $29,000. Institutional investors and hedge funds own 70.86% of the company’s stock.

Home Depot News Summary

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.