Brokerages Set H&R Block, Inc. (NYSE:HRB) PT at $41.00

Shares of H&R Block, Inc. (NYSE:HRB) have received a consensus rating of “Hold” from the five ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $41.00.

Several equities analysts have weighed in on HRB shares. The Goldman Sachs Group lowered their target price 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. Barrington Research decreased their price target on shares of H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Weiss Ratings upgraded shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th.

Institutional Trading of H&R Block

A number of institutional investors have recently bought and sold shares of HRB. Alpine Bank Wealth Management acquired a new position in H&R Block in the 3rd quarter worth about $26,000. Clearstead Advisors LLC grew its stake in shares of H&R Block by 134.4% in the 3rd quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 293 shares in the last quarter. Operose Advisors LLC bought a new stake in shares of H&R Block in the 2nd quarter valued at approximately $27,000. Quent Capital LLC acquired a new position in H&R Block in the third quarter worth approximately $27,000. Finally, Abound Wealth Management raised its position in H&R Block by 208.0% during the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock valued at $27,000 after acquiring an additional 416 shares in the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Trading Down 2.1%

NYSE HRB opened at $30.84 on Monday. The firm’s 50 day moving average price is $37.40 and its two-hundred day moving average price is $44.42. The company has a debt-to-equity ratio of 12.86, a quick ratio of 1.29 and a current ratio of 1.29. H&R Block has a twelve month low of $28.16 and a twelve month high of $64.62. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 7.12, a PEG ratio of 0.51 and a beta of 0.38.

H&R Block (NYSE:HRB) last issued its earnings results on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, topping the consensus estimate of ($1.96) by $0.12. The business had revenue of $198.87 million during 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%.H&R Block’s revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($1.73) earnings per share. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Equities analysts anticipate that H&R Block will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, March 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 5.4%. The ex-dividend date is Wednesday, March 4th. H&R Block’s payout ratio is currently 38.80%.

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.