The Home Depot (NYSE:HD) posted its quarterly earnings results on Tuesday. The home improvement retailer reported $2.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.02, MarketWatch Earnings reports. The company had revenue of $32.26 billion during the quarter, compared to analyst estimates of $27.10 billion. The Home Depot had a net margin of 9.94% and a negative return on equity of 910.85%. The Home Depot’s revenue for the quarter was up 25.1% compared to the same quarter last year. During the same period last year, the firm posted $2.28 EPS.
HD traded down $9.60 on Tuesday, hitting $266.25. 604,264 shares of the company’s stock were exchanged, compared to its average volume of 3,636,138. The Home Depot has a fifty-two week low of $140.63 and a fifty-two week high of $292.95. The stock has a market cap of $286.65 billion, a price-to-earnings ratio of 23.86, a P/E/G ratio of 2.13 and a beta of 1.03. The firm has a 50-day moving average price of $275.56 and a 200-day moving average price of $275.77. The company has a current ratio of 1.36, a quick ratio of 0.72 and a debt-to-equity ratio of 21.39.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 25th. Shareholders of record on Thursday, March 11th will be issued a $1.65 dividend. This represents a $6.60 dividend on an annualized basis and a yield of 2.48%. This is a positive change from The Home Depot’s previous quarterly dividend of $1.50. The Home Depot’s dividend payout ratio (DPR) is presently 58.54%.
The Home Depot Company Profile
The Home Depot, Inc operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and dÃ©cor products, as well as provide installation, home maintenance, and professional service programs to do-it-yourself and professional customers.
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