Analysts Set H&R Block, Inc. (NYSE:HRB) Target Price at $41.00

H&R Block, Inc. (NYSE:HRB) has received an average recommendation of “Hold” from the five analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has issued a buy recommendation on 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.

A number of research firms have recently weighed in on HRB. Barrington Research cut their price objective on shares of H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a research report on Wednesday, February 4th. Weiss Ratings upgraded shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group lowered their target price on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating for the company in a research note on Friday, February 6th.

Hedge Funds Weigh In On H&R Block

Large investors have recently added to or reduced their stakes in the business. Clearstead Advisors LLC boosted its position in shares of H&R Block by 134.4% in the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after acquiring an additional 293 shares during the last quarter. Alpine Bank Wealth Management purchased a new stake in shares of H&R Block during the 3rd quarter valued at $26,000. Quent Capital LLC acquired a new stake in shares of H&R Block during the 3rd quarter worth $27,000. Abound Wealth Management increased its holdings in shares of H&R Block by 208.0% during the 4th quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after buying an additional 416 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in shares of H&R Block in the 4th quarter worth $28,000. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

H&R Block Stock Down 1.4%

Shares of NYSE:HRB opened at $31.03 on Tuesday. The company has a market capitalization of $3.93 billion, a P/E ratio of 7.17, a P/E/G ratio of 0.51 and a beta of 0.32. H&R Block has a 52-week low of $28.16 and a 52-week high of $64.62. The stock’s fifty day simple moving average is $31.16 and its 200-day simple moving average is $39.60.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, topping analysts’ consensus estimates of ($1.96) by $0.12. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The firm had revenue of $198.87 million during the quarter, compared to analysts’ expectations of $187.36 million. During the same quarter last year, the business posted ($1.73) EPS. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. 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 4.98 earnings per share for the current year.

H&R Block Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, March 4th were given a $0.42 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 5.4%. H&R Block’s payout ratio 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.