NYSE:HRBH & R Block Stock Price, Forecast & News

$16.94

-0.05 (-0.29 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$16.67

Now: $16.94▼

$17.11

50-Day Range

$11.94

MA: $14.91▼

$16.99

52-Week Range

$11.29

Now: $16.94▼

$29.62

Volume1.41 million shs

Average Volume2.94 million shs

Market Capitalization$3.26 billion

P/E Ratio8.78

Dividend Yield6.14%

Beta0.82

H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees. It also develops and markets DIY income tax preparation software online, as well as through third-party retail stores and direct mail; and provides DIY tax services, including preparation of federal and state income tax returns, access to tax tips, advice and tax-related news, use of calculators for tax planning, and error checking and electronic filing. In addition, the company develops and offers applications for mobile devices, which offer tax return preparation solutions and related services and products. Further, it provides refund transfers, H&R Block Emerald Advance lines of credit, H&R Block Emerald Prepaid MasterCard, Peace of Mind Extended Service Plan, Tax Identity Shield, and refund advance loans; POM, an Instant Cash Back refund option; and H&R Block Pay with Refund option. H&R Block, Inc. was founded in 1946 and is headquartered in Kansas City, Missouri.

Beat the Market (BTM) Rank^™

3.1 Analyst's Opinion

Consensus Rating
H & R Block has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 2 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $19.20, H & R Block has a potential upside of 13.3% from its current price of $16.94.
Amount of Analyst Coverage
H & R Block has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
H & R Block has received 484 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
H & R Block has received 530 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
H & R Block has received 52.27% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about H & R Block and other stocks. Vote “Outperform” if you believe HRB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HRB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
H & R Block is a leading dividend payer. It pays a dividend yield of 6.14%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
H & R Block has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of H & R Block is 48.37 %. 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 33.12 % next year. This indicates that H & R Block will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, H & R Block insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.57% of the stock of H & R Block is held by insiders.
Percentage Held by Institutions
99.00% 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.

4.4 Earnings and Valuation

Earnings Growth
Earnings for H & R Block are expected to grow by 102.58% in the coming year, from $1.55 to $3.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of H & R Block is 8.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of H & R Block is 8.78, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 17.02.
Price to Earnings Growth Ratio
H & R Block has a PEG Ratio of 0.54. 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 6.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.85 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Personal services

Sub-IndustrySpecialized Consumer Services

SectorConsumer Discretionary

Current SymbolNYSE:HRB

Previous Symbol

CUSIP09367110

CIK12659

Webwww.hrblock.com

Phone816-854-3000

Debt

Debt-to-Equity RatioN/A

Current Ratio0.97

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio8.78

Forward P/E Ratio10.93

P/E Growth0.54

Sales & Book Value

Annual Sales$3.09 billion

Price / Sales1.05

Cash Flow$2.98 per share

Price / Cash Flow5.69

Book Value$2.63 per share

Price / Book6.44

Profitability

EPS (Most Recent Fiscal Year)$2.15

Net Income$422.51 million

Net Margins12.96%

Return on Equity416.90%

Return on Assets14.48%

Miscellaneous

Employees3,100

Outstanding Shares192,480,000

Market Cap$3.26 billion

Next Earnings Date6/9/2020 (Estimated)

OptionableOptionable

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H & R Block (NYSE:HRB) Frequently Asked Questions

How has H & R Block's stock been impacted by COVID-19 (Coronavirus)?

H & R Block's stock was trading at $19.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HRB shares have decreased by 11.1% and is now trading at $16.94. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of H & R Block?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for H & R Block in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for H & R Block.

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

H & R Block is scheduled to release its next quarterly earnings announcement on Tuesday, June 9th 2020. View our earnings forecast for H & R Block.

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

H & R Block Inc (NYSE:HRB) released its quarterly earnings data on Thursday, March, 5th. The company reported ($0.59) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.55) by $0.04. The firm earned $519 million during the quarter, compared to analysts' expectations of $487.12 million. H & R Block had a return on equity of 416.90% and a net margin of 12.96%. The company's revenue for the quarter was up 10.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.58) earnings per share. View H & R Block's earnings history.

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 Tuesday, March 3rd. Stockholders of record on Tuesday, March 17th will be paid a dividend of $0.26 per share on Wednesday, April 1st. This represents a $1.04 annualized dividend and a yield of 6.14%. The ex-dividend date is Monday, March 16th. View H & R Block's dividend history.

What price target have analysts set for HRB?

7 brokers have issued 1 year target prices for H & R Block's stock. Their forecasts range from $15.00 to $28.00. On average, they anticipate H & R Block's stock price to reach $19.20 in the next year. This suggests a possible upside of 13.3% from the stock's current price. View analysts' price targets for H & R Block.

What are Wall Street analysts saying about H & R Block stock?

Here are some recent quotes from research analysts about H & R Block stock:

1. According to Zacks Investment Research, "H&R Block looks well poised to gain from opportunities offered by the tax industry that has been growing since 2005. The company has undertaken several initiatives to boost both assisted and DIY businesses. The company continues to focus on competitive pricing, investment in product innovation and user experience improvement. The company's solid cash position allows it to pursue opportunities that exhibit true potential and positions it for sustainable clients, revenue and earnings growth. However, escalating costs due to heavy investments in technology and operations might weigh on H&R Block's bottom line, thereby affecting its share price, which has underperformed its industry over the past year. Seasonality causes considerable fluctuations in revenues and makes profit forecasting difficult. The company also faces huge litigations." (2/18/2020)
2. Barrington Research analysts commented, "We continue to expect a return to growth in revenues and margin expansion in FY/20 – both were lower in FY/19. Our estimates call for fiscal 2020 revenue of $3.173 billion (+2.5% YOY), adjusted EBITDA of $801.0 million (+0.3% YOY) and adjusted EPS of $1.96. The FactSet consensus calls for revenue of $3.162 billion (+2.1% YOY), adjusted EBITDA of $807.0 million and adjusted EPS of $1.98 (-7.9% YOY) – eight estimates ranging from a low of $1.94 to a high of $2.07." (8/27/2019)

Has H & R Block been receiving favorable news coverage?

Headlines about HRB stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. H & R Block earned a news impact score of -4.1 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutH & R Block.

Who are some of H & R Block's key competitors?

Some companies that are related to H & R Block include Hillenbrand (HI), Weight Watchers International (WW), Matthews International (MATW), Regis (RGS), Carriage Services (CSV), Capstar Financial (CSTR), Collectors Universe (CLCT) and Ascent Capital Group Inc Series A (ASCMA). View all competitors.

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), Intel (INTC), Exxon Mobil (XOM), Cisco Systems (CSCO), Ford Motor (F), Netflix (NFLX), NVIDIA (NVDA), Procter & Gamble (PG), General Electric (GE) and IBM (IBM).

Who are H & R Block's key executives?

H & R Block's management team includes the following people:

Mr. Jeffrey J. Jones II, CEO, Pres & Director (Age 51)
Mr. Tony G. Bowen, Chief Financial Officer (Age 44)
Ms. Kellie J. Logerwell, Chief Accounting Officer (Age 49)
Mr. Thomas A. Gerke, Chief Admin. Officer & Gen. Counsel (Age 63)
Mr. Henry W. Bloch, Co-Founder & Honorary Chairman (Age 97)

What is H & R Block's stock symbol?

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

Who are H & R Block's major shareholders?

H & R Block's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.39%), Jupiter Asset Management Ltd. (5.92%), State Street Corp (5.23%), Bank of New York Mellon Corp (3.54%), Invesco Ltd. (2.86%) and First Eagle Investment Management LLC (2.84%). Company insiders that own H & R Block stock include Kellie J Logerwell, Robert A Gerard and Thomas A Gerke. View institutional ownership trends for H & R Block.

Which institutional investors are selling H & R Block stock?

HRB stock was sold by a variety of institutional investors in the last quarter, including Bessemer Group Inc., Schroder Investment Management Group, State of Michigan Retirement System, Wells Fargo & Company MN, AQR Capital Management LLC, Legal & General Group Plc, Morgan Stanley, and Paloma Partners Management Co. View insider buying and selling activity for H & R Block.

Which institutional investors are buying H & R Block stock?

HRB stock was bought by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Prudential PLC, Invesco Ltd., Polaris Capital Management LLC, Jupiter Asset Management Ltd., Fidelity National Financial Inc., Skandinaviska Enskilda Banken AB publ , and Fulton Breakefield Broenniman LLC. View insider buying and selling activity for H & R Block.

How do I buy shares of H & R Block?

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

What is H & R Block's stock price today?

One share of HRB stock can currently be purchased for approximately $16.94.

How big of a company is H & R Block?

H & R Block has a market capitalization of $3.26 billion and generates $3.09 billion in revenue each year. The company earns $422.51 million in net income (profit) each year or $2.15 on an earnings per share basis. H & R Block employs 3,100 workers across the globe.

What is H & R Block's official website?

The official website for H & R Block is www.hrblock.com.

How can I contact H & R Block?

H & R Block's mailing address is ONE H&R BLOCK WAY, KANSAS CITY MO, 64105. The company can be reached via phone at 816-854-3000 or via email at [email protected]

This page was last updated on 5/24/2020 by MarketBeat.com Staff