H&R Block - HRB Stock Forecast, Price & News

2 Wall Street 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 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 objectives for H&R Block's shares. Their HRB share price forecasts range from $25.00 to $48.00. On average, they anticipate the company's share price to reach $36.50 in the next twelve months. This suggests that the stock has a possible downside of 7.3%.
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 beginning of the year. Since then, HRB shares have increased by 7.8% and is now trading at $39.37.
View the best growth stocks for 2023 here.

H&R Block saw a increase in short interest during the month of December. As of December 30th, there was short interest totaling 14,230,000 shares, an increase of 9.4% from the December 15th total of 13,010,000 shares. Based on an average trading volume of 1,660,000 shares, the short-interest ratio is currently 8.6 days. Approximately 9.2% of the company's stock are sold short.
View H&R Block's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 7th 2023.
View our HRB earnings forecast.

H&R Block will be holding an earnings conference call on Tuesday, February 7th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

H&R Block, Inc. (NYSE:HRB) issued its earnings results on Monday, November, 1st. The company reported ($0.78) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.05) by $0.27. The company had revenue of $192.62 million for the quarter, compared to analysts' expectations of $167.80 million. H&R Block had a negative trailing twelve-month return on equity of 613.29% and a net margin of 15.56%. During the same quarter last year, the business posted $0.55 earnings per share.

H&R Block announced a quarterly dividend on Wednesday, February 1st. Investors of record on Tuesday, March 7th will be paid a dividend of $0.29 per share on Wednesday, April 5th. This represents a $1.16 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Monday, March 6th.
Read our dividend analysis for HRB.

H&R Block (NYSE:HRB) pays an annual dividend of $1.16 per share and currently has a dividend yield of 2.95%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HRB will have a dividend payout ratio of 27.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HRB.

H&R Block declared that its board has approved a share buyback plan on Tuesday, August 9th 2022, which permits the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 17.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board believes its stock is undervalued.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "HRB."

H&R Block's stock is owned by many different retail and institutional investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.72%), Wedge Capital Management L L P NC (0.58%), Pacer Advisors Inc. (0.56%), Fulton Breakefield Broenniman LLC (0.31%), Allspring Global Investments Holdings LLC (0.25%) and Retirement Systems of Alabama (0.18%). Insiders that own company stock include Christianna Wood, Jeffrey J Jones II, Karen A Orosco, Kellie J Logerwell, 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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One share of HRB stock can currently be purchased for approximately $39.37.

H&R Block (NYSE:HRB) has a market capitalization of $6.12 billion and generates $3.46 billion in revenue each year. The company earns $551.21 million in net income (profit) each year or $3.25 on an earnings per share basis.

The company employs 3,800 workers across the globe.

H&R Block's mailing address is ONE H&R BLOCK WAY, KANSAS CITY MO, 64105. The official website for the company is www.hrblock.com. The company can be reached via phone at (816) 854-3000, via email at investorrelations@hrblock.com, or via fax at 816-854-8500.