H&R Block (HRB) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H&R Block in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HRB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRB, but not buy additional shares or sell existing shares.
View HRB analyst ratings or view top-rated stocks.

2 brokers have issued 1-year target prices for H&R Block's stock. Their HRB share price targets range from $38.00 to $48.00. On average, they expect the company's share price to reach $43.00 in the next twelve months. This suggests that the stock has a possible downside of 8.1%.
View analysts price targets for HRB or view top-rated stocks among Wall Street analysts.

H&R Block's stock was trading at $48.37 on January 1st, 2024. Since then, HRB stock has decreased by 3.3% and is now trading at $46.77.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our HRB earnings forecast.

H&R Block, Inc. (NYSE:HRB) announced its quarterly earnings data on Tuesday, February, 6th. The company reported ($1.27) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.58) by $0.31. The business earned $179.10 million during the quarter, compared to the consensus estimate of $169.45 million. H&R Block had a net margin of 16.98% and a negative trailing twelve-month return on equity of 227.22%. The business's revenue was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($1.37) EPS.

H&R Block announced a quarterly dividend on Wednesday, January 31st. Shareholders of record on Tuesday, March 5th will be given a dividend of $0.32 per share on Wednesday, April 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 2.74%. The ex-dividend date of this dividend is Monday, March 4th.
Read our dividend analysis for HRB.

H&R Block (NYSE:HRB) pays an annual dividend of $1.28 per share and currently has a dividend yield of 2.77%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRB will have a dividend payout ratio of 27.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRB.

ETFs with the largest weight of H&R Block (NYSE:HRB) stock in their portfolio include LeaderShares AlphaFactor Tactical Focused ETF (LSAT), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI), RiverFront Dynamic US Dividend Advantage ETF (RFDA), ALPS O'Shares U.S. Small-Cap Quality Dividend ETF (OUSM), Fidelity Blue Chip Value ETF (FBCV) and First Trust Long/Short Equity ETF (FTLS).

H&R Block declared that its Board of Directors has initiated a share buyback program on Tuesday, August 9th 2022, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 17.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

H&R Block issued an update on its FY 2024 earnings guidance on Tuesday, February, 6th. The company provided EPS guidance of 4.100-4.300 for the period, compared to the consensus estimate of 4.230. The company issued revenue guidance of $3.5 billion-$3.6 billion, compared to the consensus revenue estimate of $3.6 billion.

441 employees have rated H&R Block Chief Executive Officer Jeffrey J. Jones II on Glassdoor.com. Jeffrey J. Jones II has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other H&R Block investors own include AT&T (T), Exxon Mobil (XOM), Coty (COTY), Pfizer (PFE), Intel (INTC), Cisco Systems (CSCO), Carnival Co. & (CCL), Energy Transfer (ET), Ford Motor (F) and Designer Brands (DBI).

H&R Block's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sound Income Strategies LLC (0.20%), Los Angeles Capital Management LLC (0.12%), Alaska Permanent Fund Corp (0.04%), Tealwood Asset Management Inc. (0.03%), FCF Advisors LLC (0.02%) and Global Assets Advisory LLC (0.01%). Insiders that own company stock include Christianna Wood, Jeffrey J Jones II, Karen A Orosco, Kellie J Logerwell, Richard A Johnson, Robert A Gerard, Thomas A Gerke, Thomas A Gerke and Tony G Bowen.
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Shares of HRB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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