Net Lease Home Depot | KW Net Lease Advisors

Average Sale and Lease Details

www.homedepot.com

Price Range 12mo avg:	$11.11M – $36M
$/sf 12mo avg:	$206.78
CAP Rate 12mo avg:	5.23%
NOI average:	$1319882
Lease Terms:	20yrs
Typical Lease Type:	NNN
Building Size avg:	123900 SF
Lot Size avg:	10+/- acres

About Home Depot

When it was founded in 1978 by Bernie Marcus and Arthur Blank, The Home Depot began changing consumers’ perspectives about how they could care for and improve their homes. The Company created the “do-it-yourself” concept, spawning an entire industry that now spans the globe.

Today, The Home Depot® is the world’s largest home improvement specialty retailer, with more than 2,200 retail stores in the United States (including Puerto Rico and the U.S. Virgin Islands), Canada, and Mexico. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index.

NYSE: HD

Annual Reports

Home Depot Financial Highlights

S&P Credit Rating:	A+
Moody’s Credit Rating:	A2
Annual Revenue 2014:	$88.5B
Annual Revenue 2014:	$83.2K

Revenue Growth:	↑ 6.4 2014
Net Income	$7B
Units (Dec. 2015)	2274
Average Units Volume:	$38.9M

Yahoo! Finance: HD News Latest Financial News for HD

Is Home Depot Stock A Buy Right Now After Q4 Earnings? Here's What Earnings, Charts Show
on March 5, 2021 at 8:07 pm

Home Depot is one of the biggest companies in the United States and a stock leader on the Dow Jones industrials, but is Home Depot stock a buy right now?
Home Depot: To Get Rich Slowly, Believe in Yesterday
on March 5, 2021 at 5:04 pm

Speculators buy tomorrow and sell today. Investors can get bargains if they believe in yesterday. Home Depot (NYSE:HD) provides a good example of this market principle. HD stock ran up from a pandemic low of $152 last March to a high of $286 in August. They then bounced around for months before falling 11% in the last month. Source: Jonathan Weiss / Shutterstock.com The catalyst? Record earnings and a dividend increase. Sales for the fourth quarter were $32.3 billion, up 25% year-over-year, at scale. Net earnings per fully diluted share rose 14%, to $2.65. The dividend was hiked 10%. Speculators responded with sell orders. They were taking profits. Investors who waited out this process and walk in today, however, can get a dividend yielding 2.56% over the next year and a forward price-earnings ratio of 20.8.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Why They Sold Traders and speculators like bright shiny objects. A year ago, when we were locked inside our homes for the first time, Home Depot was a bright and shiny object. 9 Cheap Stocks That Look Like a Bargain Those promises have been fulfilled. As Placer.ai noted in a February report, on Home Depot and its rival Lowe’s (NYSE:LOW), Home Depot visits were up 22% year-over-year in January. They have been up by double digits for every month since last May. The stock charts tell a different story. The performance of Home Depot shares began trailing the S&P 500 average in December. That underperformance has only accelerated this year. Since the start of 2021, Home Depot is down nearly 7%. Those who took profits ran to today’s bright and shiny objects. SPACs, electric car plays, fintech, and Bitcoin (CCC:BTC-USD) are as hot today as Home Depot is cold. Why Investors Buy This provides a great opportunity for baby boomers to secure their retirement. The pandemic has created permanent changes in housing and office patterns. Most knowledge workers are no longer interested in going back to the office. Office leases are being allowed to expire. Homes need to expand, however, to accommodate the new home office. Better use must be made of the remaining space. This means a lot of work, not just for consumers, but for builders and contractors. Projects will have to be redesigned, and existing office space repurposed. For retailers like Home Depot, meanwhile, the spring quarter is Christmas. Planting season is profit season. Projects dreamed of in the cold become reality when it gets warm, and hopefully before it gets hot. HD stock is selling for barely half the average S&P stock’s price to earnings ratio, which is over 38. The Shiller ratio, which is adjusted for inflation, is 34. While stock chartists see Home Depot stock going lower over the short, medium, and long terms, analysts at Tipranks have a more upbeat view. Nine out of 10 say buy it. Their average one-year price target of $315 is 27% ahead of where the stock trades now. The Bottom Line On HD Stock The peak of the baby boom, in the mid-1950s, is retiring over the next few years. I was born in 1955. I’m feeling a little cranky and creaky myself. Here’s how to get your kids to pay for those cruises, weekend getaways and even those long-term care homes you’ve been dreaming of. Now is the time to buy Home Depot. Take the 2.5% dividend, watch the growth from changing housing patterns, and relax. This is the difference between trying to get rich quick and getting rich slowly. Buy great companies when they’re down and let time work its magic for you. At this time five years ago Home Depot sold for $126 and sported a dividend of 69 cents. Now it’s at $248 with a dividend of $1.65. Getting rich slowly is the key to a comfortable retirement. At the time of publication, Dana Blankenhorn owned no shares, directly or indirectly, in companies mentioned in this story. Dana Blankenhorn has been a financial journalist since 1978. His latest book is Technology’s Big Bang: Yesterday, Today and Tomorrow with Moore’s Law, essays on technology available at the Amazon Kindle store. Follow him on Twitter at @danablankenhorn. More From InvestorPlace Why Everyone Is Investing in 5G All WRONG It doesn’t matter if you have $500 in savings or $5 million. Do this now. Top Stock Picker Reveals His Next Potential 500% Winner Stock Prodigy Who Found NIO at $2… Says Buy THIS Now The post Home Depot: To Get Rich Slowly, Believe in Yesterday appeared first on InvestorPlace.
In a Year, You’ll Be Glad You Bought Plug Power Stock Today
on March 5, 2021 at 3:21 pm

Shares of hydrogen fuel cell maker Plug Power (NASDAQ:PLUG) have been hammered amid the recent tech sector meltdown, as a sharp rise in long-term yields has put significant downward pressure on growth stock valuations. From its early February highs, PLUG stock has lost almost half of its value. Source: Shutterstock That’s a steep drop in a stock that has very strong fundamentals. It’s also a great buying opportunity that will pay off handsomely in the long run. To be clear, I’m not saying PLUG stock will reverse course right now and surge back to $70. The tech sector selloff is a bloodbath, and bloodbaths like this tend to take some time to shake out.InvestorPlace - Stock Market News, Stock Advice & Trading Tips But, what I am saying is that Plug Power is a disruptive innovator with huge long-term potential, and that relative to that long-term potential, PLUG stock is significantly undervalued today. Indeed, my numbers say shares are worth close to $60 today. The Amazon of House: This Stock Is Like Buying Amazon in 1997 That means that if time is on your side, PLUG stock looks like a great buy at currently depressed prices. Silicon Valley Whiz Kid Reveals #1 Tech Stock in America Here’s a deeper look. PLUG Stock: Hammered on Short-Term Fears PLUG stock has been hammered over the past few weeks because of fears related to a sharp rise in long-term bond yields. The basic thinking is that, as long-term yields rise, equity valuations will correct lower, because stocks and bonds are competing investment vehicles, so as bond yields rise, the required rate of return on stocks rises, too. That thinking makes a ton of sense. And if yields were to rise forever, then I’d say growth stocks like PLUG stock will keep plunging. But yields aren’t going to rise forever. Instead, it looks like the 10-Year Treasury yield will max out around 2% over the next few years. Here’s the thinking. Historically, the 10-Year Treasury yield has very closely tracked the sum of the 3-Month Treasury yield (a proxy for inflation which the Fed controls with its target interest rate) plus real GDP growth. This relationship is unmistakably strong. Importantly, the 10-Year yield has historically never surpassed the 3-Month yield plus real GDP growth unless during a time of significant economic contraction (and therefore, negative GDP growth). Click to EnlargeSource: St. Louis Fed The Fed has reiterated multiple times that they will not move on interest rates anytime soon. Thus, the 3-Month Treasury yield will remain near-zero for the foreseeable future. Real GDP growth is expected to jump to 4% this year in a sharp “bounce-back” year. But normalizing out for Covid-19 noise, real GDP growth in 2022 and after is expected to hover around 2%. Thus, normalized, the 10-Year yield should settle around 2% and remain there for most of 2022 and 2023. We are at 1.5% today. By my math, then, yields have another 50 basis points to go over the next 24+ months. That’s a slow and steady grind higher. To that end, I think we’re close to the end of the surge in long-term yields. Once the bond market calms down, I fully expect growth stocks like PLUG stock to bounce back. Plug Power Is Still Leading the Hydrogen Revolution Ignoring interest noise for a second, Plug Power is still leading the multi-trillion-dollar Hydrogen Revolution. The world is pivoting toward clean energy. By 2050, we will live in a world powered end-to-end by renewable energies. One of those core energies will be hydrogen, since it has certain innate scientific advantages from being the lightest element in the universe that render it the most cost-efficient clean energy solution in end-markets where dense, always-on batteries that last forever are particularly useful (think forklifts, long-haul trucks and power for data-centers). Plug Power is the leader in hydrogen. The company has been in the game of making hydrogen fuel cells for decades now. Over that time, the company has proprietarily developed the industry’s highest-performing and lowest-cost hydrogen fuel cells. Plug Power is currently applying these industry-leading fuels cell to the materials handling end-market, where they are powering Walmart (NYSE:WMT), Home Depot (NYSE:HD), and Amazon (NASDAQ:AMZN) forklifts. But, more excitingly, Plug Power is is the early stages of applying this tech into much bigger end-markets, like green hydrogen generation, consumer autos, long-haul trucking, stationary, and more. Plug Power has already and will continue to find great success in these expansion efforts. That’s because all these end-markets required core HFC technology, and Plug Power has the best core HFC technology in the world. To that end, Plug Power is morphing into the technological backbone of the entire Hydrogen Economy. I wouldn’t be surprised if, by 2030, thousands of forklifts, trucks, data-centers, and ships are powered by Plug Power’s technology. Of course, all that means is that the fundamentals underlying PLUG power stock remain robust. This is still an innovative disruptor with enormous long-term growth potential. Plug Power Stock Has Big Upside Potential I cannot tell you exactly when the selloff in Plug Power stock will end. But, what I can tell you is that — even after factoring in higher rates — Plug Power stock is significantly undervalued relative to the company’s long-term earnings growth potential. By 2030, I see Plug Power’s technology powering big segments of the global economy. I imagine the company will dominant the materials handling market, and have sizable market share in the stationary and long-haul trucking end-markets. The company will also be a big player in green hydrogen production. Calculating the potential in all those end-markets, I see Plug Power’s revenues eclipsing $10 billion by 2030. EBITDA margins should, at scale, settle around 30%, given the company’s favorable pricing power thanks to its huge HFC tech lead. With those inputs, my valuation model outputs a fair value for PLUG stock today of about $60. That’s way above where shares trade currently. To be clear, PLUG stock may not rebound back to those levels right away. But the fundamentals eventually and inevitably always win out. Thus, whenever this stock market bloodbath does end, I do think Plug Power stock will surge higher. Bottom Line on PLUG Stock The tech sector meltdown has created multiple great buying opportunities for long-term investors. PLUG stock is one of the best stocks to buy amid this meltdown. But it’s not the best growth stock to buy on the dip. Instead, the best growth stock to buy today is a company that reminds me of a young Amazon. Indeed, I think buying this stock today could be like buying AMZN stock back in 1997 — before it soared thousands of percent. Which stock am I talking about? Click here to watch my first-ever Exponential Growth Summit to find out the name, ticker symbol, and key business details of this potential 10X stock pick. On the date of publication, Luke Lango did not have (either directly or indirectly) any positions in the securities mentioned in this article. By uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends. It’s how his Daily 10X Report has averaged up to a ridiculous 100% return across all recommendations since launching last May. Click here to see how he does it. More From Hypergrowth Investing Silicon Valley Whiz Kid Reveals #1 Tech Stock in America With the Lucid Motors Merger Confirmed, CCIV Stock Is Your 10X Opportunity 7 Explosive Cryptocurrencies to Buy After the Bitcoin Halvening 15 EV Stocks to Buy as GM Goes All-Electric The post In a Year, You’ll Be Glad You Bought Plug Power Stock Today appeared first on InvestorPlace.
Lowe’s Can Win the Reopening, Too. Its Stock Is a Buy.
on March 5, 2021 at 11:00 am

Lowe’s is far more than just a Covid-19 play. Despite gaining nearly 40% during the past year, Lowe’s stock (ticker: LOW) has languished recently, falling 4.2% year to date, to $153.77. There’s nothing wrong with Lowe’s, just a lot that could go wrong.
Dow Jones Falls 345 Points As Nasdaq Leads Sell-Off On Fed Chair Jerome Powell Comments
on March 4, 2021 at 9:30 pm

The Dow Jones closed lower in today's stock market after reversing some of its earlier losses. Meanwhile, the S&P 500 and the Nasdaq both sold off as well.

Recent Closings for Home Depot and Similar Tenants

No items found

Home Depot