How To Earn $500 A Month From Home Depot Stock Ahead Of Q2 Earnings Report
Portfolio Pulse from Avi Kapoor
Home Depot (NYSE:HD) is set to release its Q2 earnings report on Aug. 13. Analysts expect earnings of $4.50 per share, down from $4.65 last year, and revenue of $43.37 billion. Telsey Advisory Group maintains a Market Perform rating with a $360 price target. Home Depot offers a 2.59% annual dividend yield, translating to $2.25 per share quarterly. To earn $500 monthly from dividends, an investment of approximately $232,343 is needed.
August 09, 2024 | 12:10 pm
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Home Depot is set to release its Q2 earnings report on Aug. 13, with analysts expecting a slight decline in EPS to $4.50 and revenue of $43.37 billion. Telsey Advisory Group maintains a Market Perform rating with a $360 price target. The stock offers a 2.59% annual dividend yield.
The upcoming earnings report and analyst rating are significant for Home Depot's stock price. The expected decline in EPS and the maintained price target suggest a neutral short-term impact. The dividend yield information is relevant for income-focused investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100