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

H&R Block, Inc. (NYSE:HRB) has been assigned a consensus rating of “Hold” from the five analysts that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $41.00.

Several equities analysts have recently issued reports on HRB shares. Barrington Research lowered their price target on 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 note on Tuesday, February 17th. Finally, The Goldman Sachs Group decreased 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 report on Friday, February 6th.

Hedge Funds Weigh In On H&R Block

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC boosted its position in shares of H&R Block by 38.5% during the fourth quarter. Hsbc Holdings PLC now owns 92,460 shares of the company’s stock valued at $4,012,000 after buying an additional 25,717 shares during the last quarter. Framtiden Holdings Management Co LLC purchased a new position in H&R Block in the 4th quarter worth about $11,984,000. Invesco Ltd. lifted its stake in H&R Block by 37.8% during the 4th quarter. Invesco Ltd. now owns 613,621 shares of the company’s stock valued at $26,742,000 after acquiring an additional 168,287 shares during the period. Vident Advisory LLC boosted its holdings in shares of H&R Block by 6.4% during the 4th quarter. Vident Advisory LLC now owns 34,597 shares of the company’s stock valued at $1,508,000 after acquiring an additional 2,081 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its holdings in shares of H&R Block by 4.7% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,516 shares of the company’s stock valued at $186,763,000 after acquiring an additional 191,608 shares during the last quarter. 90.14% of the stock is owned by institutional investors.

H&R Block Stock Performance

H&R Block stock opened at $31.21 on Friday. H&R Block has a twelve month low of $28.16 and a twelve month high of $64.62. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 12.86. The company has a market capitalization of $3.96 billion, a P/E ratio of 7.21, a PEG ratio of 0.50 and a beta of 0.39. The stock’s 50 day moving average is $33.18 and its 200 day moving average is $41.98.

H&R Block (NYSE:HRB) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.84) earnings per share (EPS) for the quarter, beating 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 business had revenue of $198.87 million during the quarter, compared to analysts’ expectations of $187.36 million. During the same quarter in the previous year, the business earned ($1.73) earnings per share. 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, equities research analysts predict that H&R Block will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $1.68 annualized dividend and a dividend yield of 5.4%. H&R Block’s dividend payout ratio (DPR) is 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.