H&R Block (HRB) Stock Price, News & Analysis

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for H&R Block in the last twelve months. There are currently 1 sell rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HRB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HRB, but not buy additional shares or sell existing shares.
View HRB analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12-month price targets for H&R Block's stock. Their HRB share price targets range from $32.00 to $48.00. On average, they predict the company's stock price to reach $40.00 in the next year. This suggests that the stock has a possible downside of 13.0%.
View analysts price targets for HRB or view top-rated stocks among Wall Street analysts.

H&R Block's stock was trading at $36.51 at the start of the year. Since then, HRB stock has increased by 25.9% and is now trading at $45.97.
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H&R Block saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 11,600,000 shares, a decline of 6.8% from the October 15th total of 12,440,000 shares. Based on an average daily trading volume, of 1,480,000 shares, the short-interest ratio is presently 7.8 days. Approximately 8.0% of the company's stock are short sold.
View H&R Block's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 6th 2024.
View our HRB earnings forecast.

H&R Block, Inc. (NYSE:HRB) posted its earnings results on Tuesday, November, 7th. The company reported ($1.05) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($1.13) by $0.08. The firm had revenue of $183.80 million for the quarter, compared to analysts' expectations of $182.06 million. H&R Block had a net margin of 16.07% and a negative trailing twelve-month return on equity of 244.61%. The company's revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.99) EPS.

H&R Block announced a quarterly dividend on Thursday, November 2nd. Shareholders of record on Tuesday, December 5th will be given a dividend of $0.32 per share on Thursday, January 4th. This represents a $1.28 annualized dividend and a yield of 2.78%. The ex-dividend date is Monday, December 4th.
Read our dividend analysis for HRB.

H&R Block (NYSE:HRB) pays an annual dividend of $1.28 per share and currently has a dividend yield of 2.80%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 36.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRB will have a dividend payout ratio of 27.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRB.

ETFs with the largest weight of H&R Block (NYSE:HRB) stock in their portfolio include Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI), Invesco S&P MidCap Momentum ETF (XMMO), Fidelity Blue Chip Value ETF (FBCV), American Century STOXX U.S. Quality Growth ETF (QGRO), First Trust Long/Short Equity ETF (FTLS), First Trust Horizon Managed Volatility Small/Mid ETF (HSMV) and SEI Enhanced U.S. Large Cap Value Factor ETF (SEIV).

H&R Block announced that its board has initiated a stock repurchase program on Tuesday, August 9th 2022, which authorizes the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 17.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

H&R Block issued an update on its FY24 earnings guidance on Tuesday, November, 7th. The company provided earnings per share guidance of $4.10-4.30 for the period, compared to the consensus EPS estimate of $4.18. The company issued revenue guidance of $3.530-3.585 billion, compared to the consensus revenue estimate of $3.55 billion.

441 employees have rated H&R Block Chief Executive Officer Jeffrey J. Jones II on Glassdoor.com. Jeffrey J. Jones II has an approval rating of 77% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other H&R Block investors own include AT&T (T), Exxon Mobil (XOM), Coty (COTY), Pfizer (PFE), Intel (INTC), Cisco Systems (CSCO), Carnival Co. & (CCL), Energy Transfer (ET), Ford Motor (F) and Designer Brands (DBI).

H&R Block's stock is owned by many different institutional and retail investors. Top institutional investors include FMR LLC (15.23%), Lazard Asset Management LLC (4.40%), Charles Schwab Investment Management Inc. (2.63%), Wellington Management Group LLP (2.49%), Fuller & Thaler Asset Management Inc. (1.92%) and AQR Capital Management LLC (1.89%). Insiders that own company stock include Christianna Wood, Jeffrey J Jones II, Karen A Orosco, Kellie J Logerwell, Richard A Johnson, Robert A Gerard, Thomas A Gerke, Thomas A Gerke and Tony G Bowen.
View institutional ownership trends.

Shares of HRB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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