Core Insights - Home Depot stock has been a strong investment for long-term investors, offering both price appreciation and an attractive dividend yield of 2.6% at the current price [1] - The stock has decreased by 10% this year due to economic pressures, despite being the largest home improvement company globally [3] - The real estate market is challenging, with rising home prices, high mortgage rates, and declining home sales impacting Home Depot's performance [3] Financial Performance - In the first quarter of the 2025 fiscal year, sales increased by 9.4% year over year, but comparable sales declined, indicating growth is primarily from new store openings [4] - Earnings per share fell from $3.63 last year to $3.45 this year [4] - Home Depot has raised its dividend annually for the past 15 years, with a total increase of 290% over the last decade [5] Investment Considerations - To generate $500 in annual dividends at the current price, an investor would need to own 218 shares, costing approximately $76,300 [6] - Home Depot is considered a potential value stock for a well-diversified portfolio, particularly for those seeking reliable passive income [6]