How To Buy Home Depot Stock

You can buy Home depot shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Home depot shares with a broker like Etoro or you can trade Home depot CFDs with XTB you can begin trading Home depot shares right away.

Broker XTB eToro Plus500 FXPrimus Admiral FP Markets
Rating
Used By 250,000+ 10,000+ 15,500+ 10,000+ 10,000+ 10,000+
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Scroll down to read our indepth article on How To Buy Home Depot Stock. What you should know, Types of trading Home depot Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Home Depot Stock Table of Contents

Home depot Financial Details

Financial Details

Home depot Stock symbol HD
Home depot Sector and Industry Consumer Discretionary Retail - Discretionary
Home depot Exchange NYSE - New York Stock Exchange
52 Week High $239.31
52 Week Low $179.52
Home depot Market Capitalisation $251,327,455,742.00
Home depot Average Volume 4,648,803.00
Home depot PE 22.93
Home depot EPS 10.06
Stock Currency USD

Overview of Home depot

The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company sells a wide assortment of building materials, home improvement and lawn and garden products, and provide a number of services. Home Depot operates throughout the United States, Canada, China, and Mexico.

Home depot is an American Consumer Discretionary Retail - Discretionary company currently traded on the New York Stock Exchange (NYSE).

Home depot trades under the stock symbol HD on the NYSE.

Home depot shares are traded in USD.

Home depot has a current share price of $230.40 USD dated 31/01/2020.

The highest Home depot share price over the last 52 weeks was $239.31 USD and its lowest price over the last 52 weeks was $179.52 USD. That is a 52 week price range of $179.52 - $239.31.

Home depot Trading Volume and PE

Home depot currently has 1,090,831,000.00 active shares in circulation traded through the NYSE exchange.

Home depot market capitalization is $251,327,455,742.00 with an average daily trading volume of 4,648,803.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Home depot has a Price Earning Ratio ( PE ) of 22.93 and earning per share ( EPS ) of 10.06. Generally speaking Home depot having a high P/E ratio means that Home depot investors forsee increased growth with Home depot in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Home depot earnings per share is Disney company profit that's allocated to every Home depot common stock. Earnings per share is calculated by taking the difference between Home depot's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Home depot shares outstanding.

Home depot Financial Charts

Financial Details

Home depot Information

Home depot Location & Contact Information

Address 2455 Paces Ferry Road Atlanta, GA 30339 United States
Phone Number 1-770-433-8211
Website URL www.homedepot.com

Home depot Executives and Board Members

Chairman/President/CEO Craig A Menear
President:Canada Jeff Kinnaird
President:Mexico Jose Alberto Rodriguez
Home depot Board Member Craig A Menear
Home depot Board Member Gregory D Brenneman
Home depot Board Member Gerard J Arpey

How To Buy Home Depot Stock Guide

Buying Home depot Stocks and CFDs

When investing in Home depot you have several options as to what type of investment you wish to conduct. You can buy traditional Home depot shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Home depot shares with stock brokers and trading Home depot with CFDs below.

Home depot CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Home depot stock.

If you buy Home depot shares with a stock broker you actually own a share of Home depot. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Home depot price will change up or down.

Lets explain why you would buy Home depot as a CFD instead of as a share.

If you went and brought 100 Home depot shares at $100 a share with a stock broker you own $1000 of Home depot.

The main difference when trading Home depot as a CFD and buying Home depot as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Home depot you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Home depot. Trading an Home depot CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Home depot CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Home depot share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

What CFDs allow you to do is profit from both the rise and fall in the Home depot share price. An Home depot CFD long would be hoping to profit from a rise in the Home depot share price. An Home depot CFD short would be aiming to profit from a fall in the Home depot stock price. Trading CFDs allows traders to profit from both directions of the Home depot price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Home depot shares you can only profit from a rise in the Home depot stock price.

Home depot CFD and Stock Market Times

When trading in traditional Home depot shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Home depot Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Home depot stock. This limits your risk to your initial amount invested in Home depot. You can only lose the amount invested with traditional Home depot shares. Another benefit of buying Home depot shares with a broker is that you may be eligible to receive Home depot company dividends if applicable.

If you Invest in Home depot via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Home depot. If you buy Home depot stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Home depot benefits as in owning a certain amount of stock for a set period.

If you own shares in Home depot you may be eligible to voting rights at Home depot shareholder general meetings.

Home depot Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Home depot Stocks and shares are only exempt from tax if the Home depot shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Home depot Stocks and Shares or Home depot CFDs?

There are pros and cons to trading in both Home depot Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Home depot stocks and shares is better suited for long term investments. Historically Home depot shares provide better returns over the long term, usually a 10 year period.

Home depot CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Home depot share investors aim to profit on the fluctuating highs and lows of the Home depot price throughout the day. Day trading as you can imagine focuses on profiting from the daily Home depot stock price change.

CFD traders monitor live price movements by using real-time charts in an attempt to profit from live price movements.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Home depot stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Home depot share price for example to a known amount.

Example Cost of Buying Home depot as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Home depot CFD trade example Home depot Share deal example
Market price $230.40 $230.40
Broker Deal Invest $46.08 at 1:5 Margin (20%) Buy at $230.40 a share
Deal size 100 shares 100 shares
Initial outlay

$4608

(Margin = exposure x 20% margin factor)

$23040

(100 shares at $230.40)
Stamp duty No £20
Close price Sell at $276.48 Sell at $276.48
Estimated Profit

(46.08 point increase x 100 shares = $4608)

*Not including commission fees and taxes

($27648 - $23040 = $4608)

*Not including commission fees and taxes
Trade Home depot CFDs now with XTB Trade Home depot Shares now with Etoro

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Our brokerage comparison table below allows you to compare the below features for brokers offering Home depot shares and CFDs.

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