H&R Block FY2026 EPS Forecast Raised by Zacks Research

H&R Block, Inc. (NYSE:HRB - Free Report) - Analysts at Zacks Research lifted their FY2026 earnings per share (EPS) estimates for H&R Block in a research report issued on Wednesday, May 28th. Zacks Research analyst R. Department now anticipates that the company will post earnings of $5.10 per share for the year, up from their previous estimate of $5.06. The consensus estimate for H&R Block's current full-year earnings is $5.25 per share.

H&R Block (NYSE:HRB - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $5.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.12 by $0.26. H&R Block had a negative return on equity of 179.15% and a net margin of 14.71%. The business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.25 billion. During the same period last year, the company earned $4.94 EPS. H&R Block's revenue for the quarter was up 4.2% compared to the same quarter last year.

Several other brokerages also recently commented on HRB. Northcoast Research downgraded shares of H&R Block from a "buy" rating to a "neutral" rating in a research note on Friday, May 2nd. Wall Street Zen upgraded shares of H&R Block from a "hold" rating to a "buy" rating in a research report on Friday, May 9th. Barrington Research restated an "outperform" rating and set a $70.00 price target on shares of H&R Block in a report on Friday, April 25th. Finally, The Goldman Sachs Group boosted their price target on H&R Block from $49.00 to $54.00 and gave the company a "sell" rating in a report on Thursday, May 8th.

H&R Block Trading Up 0.1%

HRB traded up $0.08 on Friday, hitting $56.90. 1,614,415 shares of the company were exchanged, compared to its average volume of 1,381,437. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.73 and a current ratio of 0.73. H&R Block has a 12 month low of $48.78 and a 12 month high of $68.45. The firm has a fifty day simple moving average of $58.23 and a two-hundred day simple moving average of $55.82. The stock has a market capitalization of $7.62 billion, a PE ratio of 15.67, a price-to-earnings-growth ratio of 0.80 and a beta of 0.28.

Hedge Funds Weigh In On H&R Block

A number of institutional investors have recently added to or reduced their stakes in HRB. Brown Advisory Inc. increased its stake in shares of H&R Block by 1.6% in the 1st quarter. Brown Advisory Inc. now owns 11,942 shares of the company's stock worth $656,000 after acquiring an additional 191 shares in the last quarter. Bogart Wealth LLC increased its stake in shares of H&R Block by 42.9% in the 1st quarter. Bogart Wealth LLC now owns 666 shares of the company's stock worth $37,000 after acquiring an additional 200 shares in the last quarter. Brooklyn Investment Group increased its stake in shares of H&R Block by 72.1% in the 1st quarter. Brooklyn Investment Group now owns 513 shares of the company's stock worth $28,000 after acquiring an additional 215 shares in the last quarter. CIBC Asset Management Inc increased its stake in shares of H&R Block by 5.5% during the fourth quarter. CIBC Asset Management Inc now owns 4,263 shares of the company's stock valued at $225,000 after purchasing an additional 222 shares in the last quarter. Finally, MSH Capital Advisors LLC increased its stake in shares of H&R Block by 1.3% during the first quarter. MSH Capital Advisors LLC now owns 17,767 shares of the company's stock valued at $976,000 after purchasing an additional 230 shares in the last quarter. Institutional investors own 90.14% of the company's stock.

Insider Buying and Selling

In other H&R Block news, CEO Jeffrey J. Jones II sold 53,810 shares of the stock in a transaction on Wednesday, April 16th. The stock was sold at an average price of $63.28, for a total value of $3,405,096.80. Following the completion of the transaction, the chief executive officer now owns 844,790 shares in the company, valued at approximately $53,458,311.20. This represents a 5.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.30% of the stock is owned by insiders.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 4th will be issued a $0.375 dividend. The ex-dividend date is Wednesday, June 4th. This represents a $1.50 annualized dividend and a yield of 2.64%. H&R Block's dividend payout ratio (DPR) is presently 36.76%.

H&R Block Company Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.