Analysts Set H&R Block, Inc. (NYSE:HRB) PT at $55.00

Shares of H&R Block, Inc. (NYSE:HRB) have earned a consensus recommendation of “Hold” from the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $55.00.

HRB has been the topic of several recent analyst reports. Zacks Research downgraded H&R Block from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. The Goldman Sachs Group lowered their target price on H&R Block from $54.00 to $48.00 and set a “sell” rating on the stock in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of H&R Block in a report on Wednesday, November 19th. Finally, Barrington Research reissued an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a report on Monday, October 27th.

H&R Block Stock Performance

NYSE:HRB opened at $41.44 on Friday. The firm has a market capitalization of $5.24 billion, a PE ratio of 9.27, a PEG ratio of 0.82 and a beta of 0.32. H&R Block has a 1 year low of $41.38 and a 1 year high of $64.62. The firm’s fifty day simple moving average is $49.48 and its 200 day simple moving average is $52.82. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 12.86.

H&R Block (NYSE:HRB) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.40) by $0.20. The company had revenue of $203.55 million for the quarter, compared to analyst estimates of $200.13 million. H&R Block had a net margin of 16.11% and a negative return on equity of 191.38%. The business’s quarterly revenue was up 5.0% on a year-over-year basis. During the same period last year, the business posted ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, sell-side analysts anticipate that H&R Block will post 5.25 EPS for the current year.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Thursday, December 4th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Thursday, December 4th. H&R Block’s dividend payout ratio is currently 37.75%.

Insider Transactions at H&R Block

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of H&R Block stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the sale, the chief executive officer directly owned 906,313 shares in the company, valued at $42,107,301.98. This trade represents a 16.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On H&R Block

Several institutional investors and hedge funds have recently made changes to their positions in HRB. Boston Partners raised its holdings in shares of H&R Block by 20.2% during the third quarter. Boston Partners now owns 3,886,544 shares of the company’s stock valued at $196,542,000 after purchasing an additional 652,690 shares during the period. Lazard Asset Management LLC boosted its stake in H&R Block by 0.8% in the 3rd quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock worth $162,490,000 after purchasing an additional 26,708 shares during the period. Geode Capital Management LLC increased 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 worth $156,439,000 after purchasing an additional 150,184 shares during the period. Northern Trust Corp increased its holdings in shares of H&R Block by 10.9% in the 3rd quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock worth $139,088,000 after buying an additional 269,581 shares during the last quarter. Finally, AQR Capital Management LLC grew its position in H&R Block by 60.4% during the third quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after acquiring an additional 976,069 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.

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.