H&R Block (NYSE:HRB) Hits New 12-Month Low – Should You Sell?

Shares of H&R Block, Inc. (NYSE:HRB) hit a new 52-week low on Wednesday . The company traded as low as $38.61 and last traded at $39.08, with a volume of 1522278 shares changing hands. The stock had previously closed at $39.29.

Analyst Ratings Changes

HRB has been the topic of a number of research reports. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a research note on Monday, December 29th. Barrington Research restated an “outperform” rating and set a $62.00 price objective on shares of H&R Block in a research report on Thursday, January 22nd. One equities research 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’s stock. According to data from MarketBeat, H&R Block presently has an average rating of “Hold” and an average target price of $55.00.

H&R Block Trading Down 0.7%

The stock has a market capitalization of $4.93 billion, a PE ratio of 8.77, a P/E/G ratio of 0.66 and a beta of 0.34. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 12.86. The business’s fifty day moving average is $42.64 and its 200-day moving average is $48.36.

H&R Block (NYSE:HRB) last issued its earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.20. The business had revenue of $203.55 million during the quarter, compared to analysts’ expectations of $200.13 million. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The company’s revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, analysts anticipate that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th were paid a dividend of $0.42 per share. The ex-dividend date was Thursday, December 4th. This represents a $1.68 annualized dividend and a dividend yield of 4.3%. H&R Block’s dividend payout ratio (DPR) is currently 37.75%.

Insider Activity

In related news, CEO Jeffrey J. Jones II sold 128,818 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $44.54, for a total value of $5,737,553.72. Following the transaction, the chief executive officer owned 861,313 shares in the company, valued at approximately $38,362,881.02. The trade was a 13.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On H&R Block

Several institutional investors and hedge funds have recently made changes to their positions in the company. Alpine Bank Wealth Management bought a new stake in H&R Block during the third quarter valued at $26,000. Clearstead Advisors LLC boosted its holdings in shares of H&R Block by 134.4% in the 3rd quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after buying an additional 293 shares during the period. Operose Advisors LLC bought a new stake in shares of H&R Block during the 2nd quarter valued at about $27,000. Quent Capital LLC acquired a new stake in H&R Block during the third quarter worth about $27,000. Finally, Abound Wealth Management boosted its stake in H&R Block by 208.0% in the fourth quarter. Abound Wealth Management now owns 616 shares of the company’s stock valued at $27,000 after acquiring an additional 416 shares during the period. 90.14% of the stock is owned by institutional investors and hedge funds.

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.