Barrington Research Cuts Earnings Estimates for H&R Block

H&R Block, Inc. (NYSE:HRB) – Equities research analysts at Barrington Research dropped their Q2 2026 earnings per share estimates for shares of H&R Block in a research report issued on Monday, November 10th. Barrington Research analyst A. Paris now anticipates that the company will post earnings per share of ($1.99) for the quarter, down from their prior forecast of ($1.91). Barrington Research has a “Outperform” rating and a $62.00 price objective on the stock. The consensus estimate for H&R Block’s current full-year earnings is $5.25 per share. Barrington Research also issued estimates for H&R Block’s FY2026 earnings at $4.95 EPS.

Other research analysts have also issued reports about the company. The Goldman Sachs Group reduced their target price on H&R Block from $54.00 to $48.00 and set a “sell” rating on the stock in a report on Wednesday, August 13th. Weiss Ratings cut H&R Block from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Zacks Research cut H&R Block from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, H&R Block currently has an average rating of “Hold” and an average target price of $55.00.

H&R Block Trading Down 3.4%

Shares of HRB opened at $45.94 on Wednesday. The stock’s fifty day simple moving average is $50.66 and its 200-day simple moving average is $53.85. The firm has a market capitalization of $5.81 billion, a PE ratio of 10.28, a price-to-earnings-growth ratio of 0.82 and a beta of 0.32. H&R Block has a 12-month low of $45.87 and a 12-month high of $64.62. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 12.86.

H&R Block (NYSE:HRB) last posted its earnings results on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, topping the consensus estimate of ($1.40) by $0.20. The business had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.H&R Block’s revenue was up 5.0% on a year-over-year basis. During the same quarter last year, the company earned ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS.

Hedge Funds Weigh In On H&R Block

Several hedge funds have recently modified their holdings of the company. Geode Capital Management LLC grew its holdings in shares of H&R Block by 5.6% in the second quarter. Geode Capital Management LLC now owns 2,849,655 shares of the company’s stock valued at $156,439,000 after acquiring an additional 150,184 shares in the last quarter. Northern Trust Corp boosted its position in H&R Block by 11.2% in the first quarter. Northern Trust Corp now owns 2,608,496 shares of the company’s stock worth $143,233,000 after purchasing an additional 263,274 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in H&R Block by 2.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,316,404 shares of the company’s stock valued at $117,141,000 after purchasing an additional 56,147 shares during the period. Wellington Management Group LLP increased its position in shares of H&R Block by 5.9% during the 1st quarter. Wellington Management Group LLP now owns 2,141,988 shares of the company’s stock valued at $117,617,000 after purchasing an additional 119,510 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of H&R Block during the 2nd quarter worth $97,826,000. Institutional investors own 90.14% of the company’s stock.

H&R Block Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio (DPR) is currently 37.75%.

H&R Block Company Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.