How To Earn $500 A Month From Home Depot Stock Ahead Of Q3 Earnings

Home Depot, Inc. (NYSE:HD) will release earnings results for the third quarter, before the opening bell, on Tuesday, Nov. 12.

Analysts expect the Atlanta-based retailer to report quarterly earnings at $3.64 per share. That’s down from $3.81 per share in the year-ago period. Home Depot projects to report quarterly revenue of $39.17 billion, according to data from Benzinga Pro.

On Friday, Telsey Advisory Group analyst Joseph Feldman upgraded the rating for Home Depot from Market Perform to Outperform and raised the price target from $360 to $455.

With the recent buzz around Home Depot ahead of quarterly earnings, some investors may be eyeing potential gains from the company's dividends too. Home Depot currently offers an annual dividend yield of 2.22%. That’s a quarterly dividend amount of $2.25 per share ($9.00 a year).

To figure out ...