Home Depot opened at $287.82 Friday before posting solid session gaining 0.58%

Published: March 19 2023, 07:05 GMT+0

Home Depot opened at $287.82 Friday before posting solid session gaining 0.58%

Friday at a glance: Home Depot rises 0.58% to close at $288.39 Friday.

  • Daily trading volume (8.11 million shares) was above the current multiday average of 4.29 million.
  • Home Depot's board sets quarterly dividend of $2.09 per share to be paid on Thursday, March 23rd; annual dividend yield esimated at 2.9%.

As market participants brought Friday's session to a close, 31,862 is Dow Jones's close value. S&P 500 ended the session at 3,916.64, having lost 1.1%. While Home Depot went up, the Consumer Cyclical sector was mostly down, falling 0.647%.

The DIY home improvement retailer is now trading 13.92% below its 3-month high of $340.74. So far this year, it has been doing worse than the Dow Jones by 5.22%. The company has a market cap of $293.92 billion with an average daily trading volume of 4.29 million shares. Home Depot is forecasted to generate revenues of $37.88 billion and EPS of $3.26.

Regarding dividends, the company's quarterly dividend yield now stands at 2.9% after Home Depot's board disclosed a dividend of $2.09 per share on Tuesday, February 21st to be paid on Thursday, March 23rd for all shareholders of record up until Thursday, March 9th.

While Home Depot was bullish Friday, the following consumer discretionary stocks underperformed: Toyota drops 1.78% Friday to close at $135.9. McDonald's went down to $267.2, losing 1.25% after it closed at $270.57 Friday. Walt Disney lost 1.16% Friday and closed at $93.2.