Q3 Earnings Forecast for H&R Block Issued By Zacks Research

H&R Block, Inc. (NYSE:HRB) – Investment analysts at Zacks Research upped their Q3 2026 earnings per share (EPS) estimates for shares of H&R Block in a research note issued on Tuesday, February 24th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $5.64 for the quarter, up from their previous forecast of $5.58. The consensus estimate for H&R Block’s current full-year earnings is $5.25 per share. Zacks Research also issued estimates for H&R Block’s Q4 2026 earnings at $2.40 EPS, FY2026 earnings at $5.00 EPS, Q3 2027 earnings at $5.91 EPS, Q4 2027 earnings at $2.65 EPS and FY2027 earnings at $5.33 EPS.

HRB has been the topic of several other research reports. The Goldman Sachs Group dropped their price objective on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research note on Friday, February 6th. Weiss Ratings upgraded H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Finally, Barrington Research lowered their price objective on H&R Block from $62.00 to $50.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, H&R Block has a consensus rating of “Hold” and an average target price of $41.00.

H&R Block Trading Up 3.0%

HRB opened at $31.45 on Thursday. The firm has a market cap of $3.99 billion, a P/E ratio of 7.26, a P/E/G ratio of 0.49 and a beta of 0.36. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 12.86. The stock has a 50-day moving average of $38.39 and a 200 day moving average of $45.03. H&R Block has a 12 month low of $28.16 and a 12 month high of $64.62.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.84) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.96) by $0.12. The business had revenue of $198.87 million for the quarter, compared to analysts’ expectations of $187.36 million. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($1.73) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of H&R Block by 85.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock valued at $119,000 after buying an additional 1,009 shares during the last quarter. Jones Financial Companies Lllp boosted its position in H&R Block by 3.6% during the first quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock worth $627,000 after acquiring an additional 400 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in H&R Block by 15.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock worth $46,593,000 after acquiring an additional 112,127 shares during the period. Nisa Investment Advisors LLC raised its holdings in H&R Block by 28.8% in the 2nd quarter. Nisa Investment Advisors LLC now owns 78,415 shares of the company’s stock valued at $4,338,000 after acquiring an additional 17,530 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd raised its holdings in H&R Block by 369.1% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 90,635 shares of the company’s stock valued at $4,975,000 after acquiring an additional 71,316 shares during the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

H&R Block Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Wednesday, March 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 5.3%. The ex-dividend date is Wednesday, March 4th. H&R Block’s dividend payout ratio (DPR) is currently 38.80%.

About H&R Block

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.