Equities analysts forecast that H & R Block Inc (NYSE:HRB) will post earnings of ($0.94) per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for H & R Block’s earnings, with the highest EPS estimate coming in at ($0.91) and the lowest estimate coming in at ($1.01). H & R Block posted earnings per share of ($0.71) during the same quarter last year, which indicates a negative year over year growth rate of 32.4%. The firm is expected to announce its next earnings results on Wednesday, December 5th.

On average, analysts expect that H & R Block will report full-year earnings of $1.91 per share for the current year, with EPS estimates ranging from $1.82 to $2.02. For the next financial year, analysts anticipate that the firm will post earnings of $2.09 per share, with EPS estimates ranging from $1.82 to $2.27. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow H & R Block.

H & R Block (NYSE:HRB) last announced its quarterly earnings data on Tuesday, August 28th. The company reported ($0.72) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.77) by $0.05. H & R Block had a negative return on equity of 269.22% and a net margin of 19.40%. The business had revenue of $145.00 million for the quarter, compared to the consensus estimate of $137.57 million. During the same period in the previous year, the business earned ($0.62) earnings per share. The business’s revenue was up 5.1% on a year-over-year basis.

Several brokerages have recently commented on HRB. Barrington Research restated a “buy” rating and issued a $27.00 price objective on shares of H & R Block in a research report on Thursday, August 23rd. Zacks Investment Research upgraded H & R Block from a “sell” rating to a “hold” rating in a research report on Tuesday, August 14th. BTIG Research restated a “sell” rating and issued a $19.00 price objective on shares of H & R Block in a research report on Thursday, June 21st. TheStreet upgraded H & R Block from a “c+” rating to a “b” rating in a research report on Tuesday, June 12th. Finally, ValuEngine downgraded H & R Block from a “sell” rating to a “strong sell” rating in a research report on Wednesday, June 13th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. H & R Block currently has a consensus rating of “Hold” and a consensus price target of $25.96.

Shares of H & R Block stock opened at $26.11 on Friday. H & R Block has a 52 week low of $22.45 and a 52 week high of $29.81. The stock has a market capitalization of $5.44 billion, a PE ratio of 8.76, a price-to-earnings-growth ratio of 1.26 and a beta of 0.21. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 3.80.

The company also recently announced a quarterly dividend, which will be paid on Monday, October 1st. Investors of record on Wednesday, September 12th will be given a $0.25 dividend. The ex-dividend date is Tuesday, September 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.83%. H & R Block’s dividend payout ratio is currently 33.56%.

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its position in shares of H & R Block by 103.9% in the second quarter. Tower Research Capital LLC TRC now owns 4,649 shares of the company’s stock worth $106,000 after buying an additional 2,369 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of H & R Block in the second quarter worth about $109,000. Caption Management LLC purchased a new stake in shares of H & R Block in the second quarter worth about $114,000. Flagship Harbor Advisors LLC purchased a new stake in shares of H & R Block in the second quarter worth about $137,000. Finally, Zeke Capital Advisors LLC purchased a new stake in shares of H & R Block in the first quarter worth about $215,000. Institutional investors own 95.73% of the company’s stock.

About H & R Block

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.

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