H&R Block, Inc. (NYSE:HRB) Given Consensus Rating of “Hold” by Brokerages

H&R Block, Inc. (NYSE:HRB) has received an average rating of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $41.00.

Several equities research analysts recently commented on HRB shares. Barrington Research cut their price target on shares of H&R Block from $62.00 to $50.00 and set an “outperform” rating for the company in a report on Wednesday, February 4th. The Goldman Sachs Group decreased their price objective on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a report on Friday, February 6th. 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.

H&R Block Stock Up 1.6%

Shares of HRB opened at $31.28 on Friday. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 12.86. H&R Block has a 12 month low of $28.16 and a 12 month high of $64.62. The stock’s 50 day moving average is $33.39 and its two-hundred day moving average is $42.25. The firm has a market cap of $3.96 billion, a P/E ratio of 7.22, a PEG ratio of 0.49 and a beta of 0.38.

H&R Block (NYSE:HRB) last announced its earnings results 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 negative return on equity of 176.02% and a net margin of 16.19%.The business had revenue of $198.87 million during the quarter, compared to the consensus estimate of $187.36 million. During the same period in the prior year, the company posted ($1.73) EPS. The business’s quarterly 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. Analysts predict that H&R Block will post 5.25 earnings per share for the current fiscal year.

H&R Block Announces Dividend

The company 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 5.4%. The ex-dividend date is Wednesday, March 4th. H&R Block’s payout ratio is presently 38.80%.

Institutional Investors Weigh In On H&R Block

Several large investors have recently bought and sold shares of HRB. Versant Capital Management Inc lifted its position in shares of H&R Block by 26.9% in the third quarter. Versant Capital Management Inc now owns 1,042 shares of the company’s stock valued at $53,000 after acquiring an additional 221 shares in the last quarter. Cahill Financial Advisors Inc. boosted its stake in shares of H&R Block by 5.7% in the third quarter. Cahill Financial Advisors Inc. now owns 4,075 shares of the company’s stock worth $206,000 after acquiring an additional 221 shares during the last quarter. Xponance Inc. increased its position in shares of H&R Block by 1.3% during the third quarter. Xponance Inc. now owns 17,403 shares of the company’s stock worth $880,000 after purchasing an additional 223 shares in the last quarter. US Bancorp DE raised its stake in H&R Block by 2.1% in the 3rd quarter. US Bancorp DE now owns 12,601 shares of the company’s stock valued at $637,000 after purchasing an additional 261 shares during the last quarter. Finally, Covestor Ltd raised its stake in H&R Block by 25.7% in the 3rd quarter. Covestor Ltd now owns 1,399 shares of the company’s stock valued at $71,000 after purchasing an additional 286 shares during the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

About H&R Block

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.