Is Home Depot a good long term investment?
Home Depot (HD 0.86%) has historically been a wildly successful investment. Shares have produced a total return, including dividends, of 6,680% in the last 30 years. This gain crushes the broader S&P 500 index.
Is Home Depot a good long term stock?
Is Home Depot stock a Buy, Sell or Hold? Home Depot stock has received a consensus rating of buy. The average rating score is A2 and is based on 72 buy ratings, 23 hold ratings, and 3 sell ratings.
Does Home Depot have a future?
Thanks to its stellar lineup of products and services tailored for every project, Home Depot and its market seem ripe for delivering more. Statista research predicts the U.S. home improvement scene will balloon to a jaw-dropping $621 billion by 2025, jumping from $457 billion in 2020.
What will Home Depot stock be in 5 years?
Home Depot stock price stood at $335.36
According to the latest long-term forecast, Home Depot price will hit $350 by the end of 2024 and then $450 by the middle of 2025. Home Depot will rise to $500 within the year of 2026, $600 in 2027, $700 in 2028, $800 in 2030, $900 in 2032 and $1000 in 2035.
What is the long term outlook for Home Depot?
Home Depot stock prediction for 1 year from now: $ 399.51 (19.11%) Home Depot stock forecast for 2025: $ 388.52 (15.84%) Home Depot stock prediction for 2030: $ 810.27 (141.58%)
Should I invest in Home Depot right now?
Home Depot has a conensus rating of Moderate Buy which is based on 19 buy ratings, 6 hold ratings and 2 sell ratings.
What is the 10 year return on Home Depot stock?
Ten Year Stock Price Total Return for Home Depot is calculated as follows: Last Close Price [ 362.05 ] / Adj Prior Close Price [ 60.24 ] (-) 1 (=) Total Return [ 501.0% ] Prior price dividend adjustment factor is 0.79.
Will Home Depot stock continue to grow?
According to Wall Street consensus analyst estimates, Home Depot's revenue and earnings per share are slated to grow at compound annual rates of 2.9% and 6.4%, respectively, over the next three years.
Is Home Depot a stable stock?
Home Depot is a giant that has outpaced the broader markets by a wide margin in the last two decades. HD stock still remains a top investment choice due to its wide economic moat, growing dividends, and steady earnings.
How is Home Depot doing financially?
Home Depot Inc. is projected to report an 18% drop in net income and a near 4% decline in revenue for its fiscal fourth quarter ended in January. The retailer's average sales per square foot are projected to drop by 4% as consumers move away from buying big-ticket items.
What is the highest Home Depot stock has ever been?
Historical daily share price chart and data for Home Depot since 1981 adjusted for splits and dividends. The latest closing stock price for Home Depot as of April 22, 2024 is 336.11. The all-time high Home Depot stock closing price was 395.20 on March 21, 2024.
What is the most profitable stock in 5 years?
| Ticker | Name | 5Y Price Return |
|---|---|---|
| CELH | Celsius Holdings Inc | 5314.42% |
| NVDA | NVIDIA Corp | 1855.67% |
| BLDR | Builders FirstSource Inc | 1381.82% |
| ENPH | Enphase Energy Inc | 1114.44% |
What is the Home Depot forecast for 2024?
Home Depot expects 2024 comparable sales to decline about 1%, while analysts estimate a 0.06% rise, LSEG data showed. The company's shares fell about 1%.
Who buys the most from Home Depot?
Home Depot has more than 2,300 stores and employs about 465,000 people across North America. Two thirds of US consumers shop at Home Depot, and the brand has similar customer loyalty as Lowe's. The store's typical customer is a white baby boomer who earns over $80K a year and owns her home.
Is Home Depot undervalued or overvalued?
With its 2-star rating, we believe Home Depot's stock is overvalued compared with our long-term fair value estimate. Given the maturity of the domestic home improvement industry, we expect demand to largely depend on changes in the real estate market, driven by prices, interest rates, turnover, and lending standards.
Who has the most shares of Home Depot?
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, Capital World Investors, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Capital Research Global Investors, and Bank Of ...
Why is Home Depot stock dropping?
Shares of Home Depot (NYSE: HD) finished lower today as investors seemed to give a thumbs-down to its deal to buy SRS Distribution, a leading specialty-trade company that will help it expand its presence in the pro market.
Where will HD stock be in 5 years?
quote is equal to 334.830 USD at 2024-04-17. Based on our forecasts, a long-term increase is expected, the "HD" stock price prognosis for 2029-04-11 is 409.048 USD. With a 5-year investment, the revenue is expected to be around +22.17%. Your current $100 investment may be up to $122.17 in 2029.
Is Home Depot a profitable company?
Net earnings for fiscal 2023 were $15.1 billion, or $15.11 per diluted share, compared with net earnings of $17.1 billion, or $16.69 per diluted share in fiscal 2022. For fiscal 2023, diluted earnings per share decreased 9.5% versus last year.
How often does Home Depot pay dividends?
The Home Depot, Inc. ( HD ) pays dividends on a quarterly basis.
How many times does Home Depot pay dividends?
When does Home Depot pay dividends? Home Depot pays a dividend 4 times a year. Payment months are March, June, September, December.
How many years has Home Depot paid a dividend?
| Declared | Ex-Date | Record |
|---|---|---|
| 05/23/19 | 06/05/19 | 06/06/19 |
| 02/25/19 | 03/13/19 | 03/14/19 |
| 11/15/18 | 11/28/18 | 11/29/18 |
| 08/16/18 | 08/29/18 | 08/30/18 |
Why should I invest in Home Depot stock?
The good news
Cash flow and profit margins remain strong and reflect Home Depot's premium position in its competitive industry. The chain converted 14.2% of sales into operating income this past year, which was slightly below its pandemic peak of about 15% of sales.
Why is Home Depot stock so expensive?
Dealing with macro headwinds
Home Depot posted revenue gains of 19.9% and 14.4%, respectively, in fiscal 2020 and fiscal 2021. The surge in demand can be credited to low interest rates, a robust economic backdrop, and consumers who were flush with cash and ready to tackle larger renovation projects.
Does Home Depot stock ever split?
Home Depot stock (symbol: HD) underwent a total of 13 stock splits. The most recent stock split occured on December 31st, 1999. One HD share bought prior to January 20th, 1982 would equal to 341.71875 HD shares today.
