H&R Block (NYSE:HRB) Releases FY25 Earnings Guidance

H&R Block (NYSE:HRB) updated its FY25 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $5.15-5.35 for the period, compared to the consensus estimate of $5.26. The company issued revenue guidance of $3.69-3.75 billion, compared to the consensus revenue estimate of $3.72 billion. H&R Block also updated its FY 2025 guidance to 5.150-5.350 EPS.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the company. Barrington Research reissued an “outperform” rating and set a $70.00 target price on shares of H&R Block in a report on Friday. StockNews.com lowered H&R Block from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Finally, The Goldman Sachs Group raised their price objective on H&R Block from $39.00 to $44.00 and gave the company a “sell” rating in a research note on Friday, August 16th.

H&R Block Price Performance

NYSE:HRB traded down $4.18 during trading hours on Friday, hitting $59.18. The company’s stock had a trading volume of 2,518,300 shares, compared to its average volume of 1,073,137. The stock has a fifty day simple moving average of $62.09 and a 200-day simple moving average of $56.98. H&R Block has a twelve month low of $41.98 and a twelve month high of $68.45. The company has a market capitalization of $8.19 billion, a P/E ratio of 14.02, a PEG ratio of 0.95 and a beta of 0.67. The company has a debt-to-equity ratio of 16.46, a current ratio of 1.27 and a quick ratio of 1.27.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Thursday, August 15th. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.15. H&R Block had a negative return on equity of 220.05% and a net margin of 16.49%. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.03 billion. During the same period last year, the firm posted $2.05 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts anticipate that H&R Block will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend is Thursday, December 5th. H&R Block’s payout ratio is 35.55%.

H&R Block declared that its Board of Directors has initiated a share buyback program on Thursday, August 15th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the company to purchase up to 16.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Insider Transactions at H&R Block

In other news, CEO Jeffrey J. Jones II sold 9,722 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $63.07, for a total transaction of $613,166.54. Following the completion of the transaction, the chief executive officer now directly owns 893,169 shares in the company, valued at $56,332,168.83. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other H&R Block news, CFO Tony G. Bowen sold 79,259 shares of H&R Block stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $65.17, for a total value of $5,165,309.03. Following the completion of the sale, the chief financial officer now directly owns 90,095 shares in the company, valued at approximately $5,871,491.15. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jeffrey J. Jones II sold 9,722 shares of H&R Block stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $63.07, for a total value of $613,166.54. Following the completion of the sale, the chief executive officer now owns 893,169 shares of the company’s stock, valued at approximately $56,332,168.83. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 115,927 shares of company stock worth $7,517,056 over the last ninety days. 1.30% of the stock is owned by insiders.

H&R Block Company Profile

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.