Should I buy or sell H&R Block stock right now?

2 Wall Street 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 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 .

What is H&R Block's stock price target for 2024?

2 brokers have issued 1 year price objectives 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 twelve months. This suggests that the stock has a possible downside of 12.0%. View analysts price targets for HRB or view top-rated stocks among Wall Street analysts .

How have HRB shares performed in 2023?

H&R Block's stock was trading at $36.51 at the start of the year. Since then, HRB shares have increased by 24.4% and is now trading at $45.43. View the best growth stocks for 2023 here .

Are investors shorting H&R Block?

H&R Block saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 11,600,000 shares, a drop of 6.8% from the October 15th total of 12,440,000 shares. Based on an average daily volume of 1,480,000 shares, the short-interest ratio is currently 7.8 days. Approximately 8.0% of the shares of the stock are short sold. View H&R Block's Short Interest .

When is H&R Block's next earnings date?

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

How were H&R Block's earnings last quarter?

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

How often does H&R Block pay dividends? What is the dividend yield for H&R Block?

H&R Block announced a quarterly dividend on Thursday, November 2nd. Stockholders 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 dividend yield of 2.82%. The ex-dividend date is Monday, December 4th. Read our dividend analysis for HRB .

Is H&R Block a good dividend stock?

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 .

What ETFs hold H&R Block's stock?

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) .

How will H&R Block's stock buyback program work?

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

What guidance has H&R Block issued on next quarter's earnings?

H&R Block issued an update on its FY24 earnings guidance on Tuesday, November, 7th. The company provided earnings per share (EPS) guidance of $4.10-4.30 for the period, compared to the consensus earnings per share 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.

What is Jeffrey J. Jones II's approval rating as H&R Block's CEO?

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.

What other stocks do shareholders of H&R Block own?

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) .

Who are H&R Block's major shareholders?

H&R Block's stock is owned by a variety of institutional and retail investors. Top institutional shareholders 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 .

How do I buy shares of H&R Block?

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. Compare Top Brokerages Here .

Does H&R Block have any subsidiaries?

The following companies are subsidiares of H&R Block: AcuLink of Alabama LLC, Aculink Mortgage Solutions LLC, Ada Services Corporation, BFC Transactions Inc., Block Financial LLC, Blue Acre SCS, Blue Fountains International ULC, Blue Fountains LLC, Companion Insurance Ltd., Companion Mortgage Corporation, Emerald Financial Services LLC, EquiCo Inc., Everyday Financial Services LLC, Financial Marketing Services Inc., Franchise Partner Inc., H&R Block (India) Private Limited, H&R Block Canada Financial Services Inc., H&R Block Canada Inc., H&R Block Eastern Enterprises Inc., H&R Block Enterprises LLC, H&R Block Group Inc., H&R Block Health Insurance Agency Inc., H&R Block Insurance Agency Inc., H&R Block Limited, H&R Block Management LLC, H&R Block Personalized Services LLC, H&R Block Tax Institute LLC, H&R Block Tax Resolution Services Inc., H&R Block Tax Services LLC, HRB Business Innovations LLC, HRB Canada Holdings ULC, HRB Deployment & Support LLC, HRB Development LLC, HRB Digital LLC, HRB Expertise LLC, HRB GTC Ireland Unlimited Company, HRB Global Concepts Unlimited Company, HRB Global Unlimited, HRB Green Resources LLC, HRB Innovations Inc., HRB International LLC, HRB International Management LLC, HRB International Technology LLC, HRB Luxembourg Financing S.a.r.l., HRB Luxembourg S.a.r.l., HRB Mortgage Holdings LLC, HRB PR Enterprises LLC, HRB Participant I LLC, HRB Products LLC, HRB Professional Resources LLC, HRB Resources LLC, HRB Retail Support Services LLC, HRB Supply LLC, HRB Tax Group Inc., HRB Technology Holding LLC, HRB Technology LLC, Harbor Business Services Inc., Latino Tax and Business Services LLC, New Castle HoldCo LLC, New River Innovation, OOMC Residual Corporation, PTF Services LLC, RSM EquiCo Inc., RedGear Technologies Inc., Sand Canyon Acceptance Corporation, Sand Canyon Corporation, Sand Canyon Securities Corp., Sand Canyon Securities II Corp., Sand Canyon Securities III Corp., Sand Canyon Securities IV LLC, ServiceWorks Inc., TaxWorks Inc., Tribena Limited, Wave, Wave Credit Inc., Wave Financial Inc., Wave Financial USA Inc., Wave Money Inc., Wave+ Inc., and Woodbridge Mortgage Acceptance Corporation. Read More

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

$45.43

-0.32 (-0.70%)

(As of 12/8/2023 ET)

Compare

Today's Range: $45.41
▼
$45.96
50-Day Range: $40.86
▼
$47.16
52-Week Range: $28.83
▼
$47.30

Volume: 1.98 million shs
Average Volume: 1.31 million shs
Market Capitalization: $6.54 billion

P/E Ratio: 12.94
Dividend Yield: 2.82%
Price Target: $40.00

H&R Block MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 12.0% Downside
$40.00 Price Target
Short Interest: Bearish
7.80% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.12
Upright™ Environmental Score
News Sentiment: -1.00
Based on 3 Articles This Week
Insider Trading: Selling Shares
$2.53 M Sold Last Quarter
Proj. Earnings Growth: 11.19%
From $4.20 to $4.67 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.13 out of 5 stars

Consumer Discretionary Sector

136th out of 258 stocks

Personal Services Industry

6th out of 12 stocks

1.0

Analyst's Opinion

Consensus Rating
H&R Block has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $40.00, H&R Block has a forecasted downside of 12.0% from its current price of $45.43.
Amount of Analyst Coverage
H&R Block has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
7.80% of the float of H&R Block has been sold short.
Short Interest Ratio / Days to Cover
H&R Block has a short interest ratio ("days to cover") of 8.
Change versus previous month
Short interest in H&R Block has recently decreased by 4.40%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
H&R Block pays a meaningful dividend of 2.80%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
H&R Block has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of H&R Block is 36.47%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, H&R Block will have a dividend payout ratio of 27.41% next year. This indicates that H&R Block will be able to sustain or increase its dividend.

3.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
H&R Block has received a 33.20% net impact score from Upright. H&r Block seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is driven by its "Tax declaration applications" and "Corporate tax consulting and preparation services" products. See details.
Environmental Sustainability
The Environmental Impact score for H&R Block is -0.12.

0.6

News and Social Media Coverage

News Sentiment
H&R Block has a news sentiment score of -1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for H&R Block this week, compared to 8 articles on an average week.
Search Interest
Only 4 people have searched for HRB on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added H&R Block to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, H&R Block insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,525,493.00 in company stock.
Percentage Held by Insiders
Only 1.20% of the stock of H&R Block is held by insiders.
Percentage Held by Institutions
90.89% of the stock of H&R Block is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for H&R Block are expected to grow by 11.19% in the coming year, from $4.20 to $4.67 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of H&R Block is 12.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of H&R Block is 12.94, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 21.85.
Price to Earnings Growth Ratio
H&R Block has a PEG Ratio of 0.87. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
H&R Block has a P/B Ratio of 216.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About H&R Block Stock (NYSE:HRB)

H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. It offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees. The company also provides Refund Transfers and H&R Block Emerald Prepaid Mastercard, which enables clients to receive their tax refunds; Peace of Mind extended service plans; H&R Block Emerald Advance lines of credit; Tax Identity Shield that provides clients assistance in helping protect their tax identity and access to services to help restore their tax identity; refund advance loans; H&R Block Instant Refund; and H&R Block Pay With Refund services. In addition, it offers small business financial solutions through its company-owned or franchise offices, and online. The company was founded in 1955 and is headquartered in Kansas City, Missouri.

HRB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HRB Stock News Headlines

December 8, 2023 | americanbankingnews.com

H&R Block (NYSE:HRB) Lowered to Hold at StockNews.com

December 7, 2023 | finance.yahoo.com

Why Is H&R Block (HRB) Up 7.9% Since Last Earnings Report?

December 10, 2023 | DTI Trader (Ad)

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November 30, 2023 | finance.yahoo.com

Why H&R Block (HRB) is a Top Momentum Stock for the Long-Term

November 29, 2023 | wsj.com

Alipay Plans to Raise Up to $395.0 Million via Zomato Share Sale

November 28, 2023 | finance.yahoo.com

Insider Sell: CFO Tony Bowen Sells 46,892 Shares of H&R Block Inc (HRB)

November 27, 2023 | msn.com

H&R Block (HRB) Price Target Increased by 12.71% to 45.22

November 20, 2023 | finance.yahoo.com

H&R Block Celebrates Top Performing Franchisees for Their Bold Commitment to Client Experience and Company Transformation

December 10, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

November 16, 2023 | msn.com

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November 15, 2023 | finance.yahoo.com

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November 13, 2023 | finance.yahoo.com

Returns On Capital At H&R Block (NYSE:HRB) Have Hit The Brakes

November 13, 2023 | msn.com

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