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

H&R Block, Inc. (NYSE:HRB) has received a consensus recommendation of “Hold” from the five brokerages that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $55.00.

A number of analysts recently issued reports on the stock. Barrington Research restated an “outperform” rating and issued a $62.00 price target on shares of H&R Block in a research note on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of H&R Block in a research report on Monday.

H&R Block Stock Up 0.9%

Shares of H&R Block stock opened at $43.68 on Wednesday. H&R Block has a 1-year low of $41.17 and a 1-year high of $64.62. The company has a market capitalization of $5.52 billion, a PE ratio of 9.81, a P/E/G ratio of 0.70 and a beta of 0.31. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76. The business has a 50-day moving average of $46.45 and a 200-day moving average of $50.92.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, beating analysts’ consensus estimates of ($1.40) by $0.20. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The firm had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. During the same quarter in the prior year, the business posted ($1.17) earnings per share. H&R Block’s revenue for the quarter was up 5.0% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, equities analysts forecast that H&R Block will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 4th will be paid a dividend of $0.42 per share. The ex-dividend date is Thursday, December 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. H&R Block’s dividend payout ratio is presently 37.75%.

Insider Activity at H&R Block

In other news, CEO Jeffrey J. Jones II sold 176,449 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total value of $8,197,820.54. Following the completion of the sale, the chief executive officer directly owned 906,313 shares in the company, valued at approximately $42,107,301.98. The trade was a 16.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On H&R Block

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in H&R Block during the second quarter valued at $97,826,000. AQR Capital Management LLC boosted its holdings in shares of H&R Block by 60.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after buying an additional 976,069 shares during the period. Boston Partners grew its position in shares of H&R Block by 20.2% during the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock valued at $196,542,000 after buying an additional 652,690 shares during the last quarter. New Vernon Capital Holdings II LLC raised its stake in H&R Block by 5,391.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 621,252 shares of the company’s stock worth $34,113,000 after acquiring an additional 609,938 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in H&R Block by 335.4% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 749,298 shares of the company’s stock worth $37,892,000 after acquiring an additional 577,200 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Company Profile

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.