H&R Block, Inc. (NYSE:HRB) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of H&R Block, Inc. (NYSE:HRB) have received a consensus recommendation of “Hold” from the five analysts that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $41.00.

Several equities analysts recently issued reports on the company. The Goldman Sachs Group decreased their price target on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a report on Friday, February 6th. Barrington Research dropped their price objective on H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. Finally, Weiss Ratings raised shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th.

Institutional Trading of H&R Block

Institutional investors have recently bought and sold shares of the business. Stratos Wealth Advisors LLC acquired a new position in shares of H&R Block during the 3rd quarter worth about $2,244,000. Prudential Financial Inc. raised its position in shares of H&R Block by 31.1% in the 2nd quarter. Prudential Financial Inc. now owns 99,666 shares of the company’s stock valued at $5,948,000 after acquiring an additional 23,624 shares during the period. Alps Advisors Inc. raised its position in shares of H&R Block by 32.5% in the 3rd quarter. Alps Advisors Inc. now owns 411,450 shares of the company’s stock valued at $20,807,000 after acquiring an additional 101,025 shares during the period. Marshall Wace LLP boosted its stake in H&R Block by 24.6% during the 2nd quarter. Marshall Wace LLP now owns 1,091,626 shares of the company’s stock worth $59,919,000 after acquiring an additional 215,472 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its holdings in H&R Block by 3,375.9% during the third quarter. Kingsview Wealth Management LLC now owns 193,262 shares of the company’s stock valued at $9,773,000 after purchasing an additional 187,702 shares during the period. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Price Performance

HRB opened at $31.73 on Friday. H&R Block has a one year low of $28.16 and a one year high of $64.62. The company has a debt-to-equity ratio of 12.86, a current ratio of 1.29 and a quick ratio of 1.29. The company’s 50 day simple moving average is $32.80 and its 200-day simple moving average is $41.70. The stock has a market capitalization of $4.02 billion, a P/E ratio of 7.33, a price-to-earnings-growth ratio of 0.51 and a beta of 0.39.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported ($1.84) earnings per share for the quarter, topping the consensus estimate of ($1.96) by $0.12. H&R Block had a net margin of 16.19% and a negative return on equity of 176.02%. The firm had revenue of $198.87 million during the quarter, compared to analysts’ expectations of $187.36 million. During the same quarter in the previous year, the company posted ($1.73) EPS. H&R Block’s revenue was up 11.1% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Sell-side analysts anticipate that H&R Block will post 5.25 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Wednesday, March 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 5.3%. The ex-dividend date is Wednesday, March 4th. H&R Block’s dividend payout ratio is currently 38.80%.

H&R Block Company Profile

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.