Q1 Earnings Forecast for H&R Block Issued By Zacks Research

H&R Block, Inc. (NYSE:HRB) – Stock analysts at Zacks Research decreased their Q1 2027 earnings estimates for shares of H&R Block in a research report issued to clients and investors on Monday, August 31st. Zacks Research analyst Team now anticipates that the company will earn ($1.35) per share for the quarter, down from their previous estimate of ($1.28). Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for H&R Block’s current full-year earnings is $6.11 per share. Zacks Research also issued estimates for H&R Block’s Q2 2027 earnings at ($1.98) EPS, Q3 2027 earnings at $6.61 EPS, Q1 2028 earnings at ($1.28) EPS, Q2 2028 earnings at ($2.12) EPS, Q3 2028 earnings at $6.51 EPS and Q4 2028 earnings at $2.48 EPS.

Several other analysts also recently weighed in on the company. The Goldman Sachs Group increased their target price on H&R Block from $29.00 to $33.00 and gave the company a “sell” rating in a research note on Wednesday, August 12th. Barrington Research lifted their price target on H&R Block from $50.00 to $60.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Stephens started coverage on H&R Block in a report on Tuesday, July 28th. They set an “equal weight” rating and a $47.00 price target for the company. Finally, Weiss Ratings raised H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $46.67.

H&R Block Trading Down 1.3%

Shares of NYSE:HRB opened at $50.99 on Wednesday. The company has a debt-to-equity ratio of 12.69, a quick ratio of 1.13 and a current ratio of 1.13. The stock’s 50-day moving average is $44.88 and its 200-day moving average is $37.40. The company has a market cap of $6.46 billion, a P/E ratio of 8.91, a P/E/G ratio of 0.68 and a beta of 0.36. H&R Block has a 52-week low of $28.16 and a 52-week high of $58.67.

H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, August 11th. The company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.21 by $0.17. H&R Block had a net margin of 18.59% and a negative return on equity of 214.84%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter last year, the firm posted $2.27 EPS. The business’s quarterly revenue was up 255.5% on a year-over-year basis. H&R Block has set its FY 2027 guidance at 6.040-6.240 EPS.

Institutional Investors Weigh In On H&R Block

Several institutional investors and hedge funds have recently bought and sold shares of the business. Los Angeles Capital Management LLC bought a new position in shares of H&R Block during the 4th quarter worth about $28,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of H&R Block by 100.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after acquiring an additional 357 shares in the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in H&R Block by 54.0% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 895 shares of the company’s stock valued at $34,000 after acquiring an additional 314 shares during the period. Danske Bank A S bought a new stake in H&R Block in the third quarter valued at about $46,000. Finally, EverSource Wealth Advisors LLC raised its position in H&R Block by 119.2% in the second quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $50,000 after purchasing an additional 497 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

H&R Block Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, September 3rd will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.6%. This is an increase from H&R Block’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, September 3rd. H&R Block’s dividend payout ratio (DPR) is 29.37%.

Key Headlines Impacting H&R Block

Here are the key news stories impacting H&R Block this week:

• Positive Sentiment: Several longer-term estimates improved: Zacks raised its FY2027 EPS forecast to $6.06 from $5.57, Q3 2027 EPS to $6.61 from $5.91, and Q3 2028 EPS to $6.51 from $5.92. Estimates for FY2028 and Q1–Q2 2028 also edged higher, indicating some confidence in H&R Block’s peak tax-season earnings potential.
• Neutral Sentiment: H&R Block launched its third annual “Fund Her Future” grant program for women-owned small businesses, adding year-round support and potential brand goodwill. However, the initiative is unlikely to materially affect near-term earnings. H&R Block launches third annual Fund Her Future grant
• Negative Sentiment: Near-term and late-year estimates were reduced: Q1 2027 EPS was lowered to a $1.35 loss from a $1.28 loss, Q2 2027 to a $1.98 loss from a $1.95 loss, and Q4 2027 to $2.78 from $2.90. Zacks also cut its Q4 2028 forecast sharply to $2.48 from $3.05. These reductions may weigh on sentiment because they point to softer results outside H&R Block’s core tax-season quarter.

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.