Home Depot Q1 EPS Estimate Lowered by Telsey Advisory Group

The Home Depot, Inc. (NYSE:HD) – Investment analysts at Telsey Advisory Group decreased their Q1 2026 earnings per share (EPS) estimates for Home Depot in a report issued on Wednesday, February 26th. Telsey Advisory Group analyst J. Feldman now anticipates that the home improvement retailer will earn $3.58 per share for the quarter, down from their prior forecast of $3.76. Telsey Advisory Group has a “Outperform” rating and a $455.00 price target on the stock. The consensus estimate for Home Depot’s current full-year earnings is $15.13 per share. Telsey Advisory Group also issued estimates for Home Depot’s Q2 2026 earnings at $4.68 EPS, Q3 2026 earnings at $3.88 EPS, Q4 2026 earnings at $2.87 EPS and FY2027 earnings at $16.50 EPS.

Home Depot (NYSE:HD) last released its quarterly earnings data on Tuesday, February 25th. The home improvement retailer reported $3.13 EPS for the quarter, beating the consensus estimate of $3.04 by $0.09. The business had revenue of $39.70 billion for the quarter, compared to the consensus estimate of $39.15 billion. Home Depot had a net margin of 9.45% and a return on equity of 452.60%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm earned $2.82 EPS.

A number of other research analysts also recently issued reports on the company. Barclays boosted their price target on Home Depot from $372.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Bank of America upped their price objective on shares of Home Depot from $425.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, November 13th. Truist Financial cut their price target on Home Depot from $467.00 to $437.00 and set a “buy” rating for the company in a research note on Wednesday. Mizuho boosted their price objective on Home Depot from $435.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Finally, Wedbush reissued an “outperform” rating and issued a $440.00 price target on shares of Home Depot in a research note on Wednesday. Nine research analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company’s stock. According to MarketBeat, Home Depot has a consensus rating of “Moderate Buy” and an average price target of $436.50.

Home Depot Stock Performance

Shares of HD stock opened at $396.69 on Thursday. The stock has a market cap of $394.06 billion, a PE ratio of 26.95, a price-to-earnings-growth ratio of 4.03 and a beta of 1.05. Home Depot has a 52-week low of $323.77 and a 52-week high of $439.37. The business has a 50-day simple moving average of $401.36 and a 200-day simple moving average of $398.72. The company has a quick ratio of 0.31, a current ratio of 1.13 and a debt-to-equity ratio of 8.65.

Home Depot Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be paid a dividend of $2.30 per share. The ex-dividend date is Thursday, March 13th. This is an increase from Home Depot’s previous quarterly dividend of $2.25. This represents a $9.20 dividend on an annualized basis and a yield of 2.32%. Home Depot’s payout ratio is 61.66%.

Institutional Trading of Home Depot

Several hedge funds have recently made changes to their positions in the company. K.J. Harrison & Partners Inc grew its position in Home Depot by 65.2% in the fourth quarter. K.J. Harrison & Partners Inc now owns 9,100 shares of the home improvement retailer’s stock worth $3,535,000 after acquiring an additional 3,590 shares during the period. Pensionfund Sabic raised its position in Home Depot by 51.4% in the fourth quarter. Pensionfund Sabic now owns 11,200 shares of the home improvement retailer’s stock valued at $4,357,000 after purchasing an additional 3,800 shares during the period. Swedbank AB lifted its stake in shares of Home Depot by 17.1% in the 3rd quarter. Swedbank AB now owns 909,530 shares of the home improvement retailer’s stock valued at $368,542,000 after purchasing an additional 132,967 shares during the last quarter. Wedmont Private Capital lifted its stake in shares of Home Depot by 12.5% in the 4th quarter. Wedmont Private Capital now owns 13,569 shares of the home improvement retailer’s stock valued at $5,291,000 after purchasing an additional 1,506 shares during the last quarter. Finally, Johnson & White Wealth Management LLC purchased a new position in shares of Home Depot during the 4th quarter worth $1,793,000. Hedge funds and other institutional investors own 70.86% of the company’s stock.

Home Depot Company Profile

The Home Depot, Inc operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.