H&R Block (NYSE:HRB) Updates FY 2026 Earnings Guidance

Key Points

• H&R Block updated its FY 2026 earnings guidance, projecting earnings per share of 4.850-5.000, which is below the consensus estimate of 5.250.
• The company maintained revenue guidance of $3.9 billion, surpassing the consensus revenue estimate of $3.7 billion.
• Several analysts have recently adjusted their ratings on H&R Block shares, with Goldman Sachs lowering its price objective while Barrington Research set a $70.00 target.

H&R Block (NYSE:HRB - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.850-5.000 for the period, compared to the consensus earnings per share estimate of 5.250. The company issued revenue guidance of $3.9 billion-$3.9 billion, compared to the consensus revenue estimate of $3.7 billion.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on HRB shares. The Goldman Sachs Group lifted their price objective on shares of H&R Block from $49.00 to $54.00 and gave the company a "sell" rating in a research report on Thursday, May 8th. Barrington Research reaffirmed an "outperform" rating and set a $70.00 price objective on shares of H&R Block in a research note on Friday, April 25th. Wall Street Zen raised shares of H&R Block from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Finally, Northcoast Research lowered shares of H&R Block from a "buy" rating to a "neutral" rating in a research note on Friday, May 2nd.

H&R Block Stock Performance

Shares of NYSE:HRB traded down $2.96 during midday trading on Tuesday, reaching $51.49. 3,685,674 shares of the company's stock traded hands, compared to its average volume of 1,435,358. H&R Block has a 1 year low of $49.16 and a 1 year high of $68.45. The company has a market cap of $6.89 billion, a P/E ratio of 12.62, a PEG ratio of 0.87 and a beta of 0.24. The company has a fifty day simple moving average of $55.59 and a two-hundred day simple moving average of $55.82.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in HRB. Goldman Sachs Group Inc. increased its position in shares of H&R Block by 15.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company's stock worth $46,593,000 after purchasing an additional 112,127 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of H&R Block by 3.6% in the 1st quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company's stock valued at $627,000 after buying an additional 400 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of H&R Block by 85.4% in the 1st 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 period. Hedge funds and other institutional investors own 90.14% of the company's stock.

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.

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