Home Depot (HD)

Learn everything you need to know about Home Depot and find links to beginner-friendly guides that show you the best way to invest in it.
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Updated: Feb 28, 2023
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About Home Depot

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What is Home Depot?

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Home Depot is an American home improvement retailer operating both bricks and mortar stores and online. Founded in 1978, the company has over 2,200 stores across the United States, Canada, and Mexico. It sells many products and services, including home appliances, building materials, hardware, and garden supplies.

How does Home Depot make money?

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Home Depot primarily makes money from the sale of products at its stores. It also offers installation services for various products, such as cabinets, kitchens, and bathrooms. Additionally, it provides a rental service where customers can rent equipment such as power tools and trust for DIY projects.

What is Home Depot’s best selling product?

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Its best selling category is Home Decor, followed by Indoor Garden and Lumbar. One of its best selling products is its Behr line of paints and stains. Home Depot’s exclusive partnership with Behr allows it to offer competitive prices. In 2022, HD made $157.4 billion in sales, an increase of $6 billion from the previous year.

Who are the key executives at Home Depot?

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Here is a list of some of the executive team running Home Depot.

  • Edward P. Decker. Chairman, Pres & CEO
  • Richard V. McPhail. Exec. VP & CFO
  • Matthew A. Carey. Exec. VP of Customer Experience
  • Ann-Marie Campbell. Exec. VP of U.S. Stores & International Operations
  • Haydn Chilcott Sr. VP of Operations
  • Stephen L. Gibbs. VP, Chief Accounting Officer & Corp. Controller
  • Fahim Siddiqui. Exec. VP & Chief Information Officer
  • Isabel Janci. VP of Investor Relations & Treasurer
  • Teresa Wynn Roseborough. Exec. VP, Gen. Counsel & Corp. Sec.
  • Sara Gorman. Sr. Director of Corp. Communications

Where can I buy shares in Home Depot?

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You can buy Home Depot stock on a stock trading platform. These platforms are extremely simple to use but there are different options to suit your specific needs. If you are a first-time investor you might want to use a trading platform for beginners, while if you plan on doing a lot of trading from your phone, a stock trading app might be best.

Are there any other ways to invest in Home Depot?

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The simplest way to invest in Home Depot is to buy shares through a stock broker. However, you can also invest through an ETF or a fund. The best ETFs allow you to invest in the stock market more generally rather than focus on one company.

Home Depot is part of the NYSE index, so you can invest in an ETF that tracks that index, or choose a performing ETF that lets you own a basket of related stocks from the same industry.

More about the HD price

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What is the Home Depot stock price today?

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The HD stock price today is currently $297.33 as of 28 February, 2023. The price of Home Depot is down 14.94% over the past 52 weeks. You can use the live Home Depot stock chart to track the NYSE:HD price in real time above, or compare the Home Depot value today to its past performance using the Home Depot financials tab at the top of this page.

What is the 52-week low for Home Depot stock?

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The 52-week low for Home Depot stock is $264.51. HD stock is currently 12.11% above the 52-week low.

What is the 52-week high for Home Depot stock?

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The 52-week high for Home Depot stock is $347.25. HD stock is currently 14.32% below the 52-week high.

What is the stock forecast for Home Depot?

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The average Home Depot stock forecast has a price target of $328.13 by the end of 2023. Home Depot’s latest financial results, the broader economic outlook, and the industry’s competition all influence these forecasts.

It’s best to take analyst forecasts with a grain of salt but you can use their estimates to help you understand the weight of opinion about a stock.

More stock guides

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FAQs

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How much is Home Depot worth?
When did HD stock go public?
Who owns the most shares in Home Depot?
Who are Home Depot’s biggest competitors?
When did Home Depot stock split?
When are Home Depot’s earnings?
Does Home Depot pay a dividend?

Latest Home Depot news

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Recent Home Depot analysis

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Sources & references
Risk disclaimer
Prash Raval
Financial Writer
When not researching stocks or trading, Prash can be found either on the golf course, walking his dog or teaching his son how to kick a… read more.