Brokerages Set H&R Block, Inc. (NYSE:HRB) PT at $41.00

Shares of H&R Block, Inc. (NYSE:HRB) have earned an average recommendation of “Hold” from the five analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $41.00.

A number of research firms have commented on HRB. Weiss Ratings raised shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Barrington Research dropped 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 research report on Wednesday, February 4th. Finally, The Goldman Sachs Group reduced their price target on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research note on Friday, February 6th.

H&R Block Stock Up 1.2%

HRB stock opened at $32.17 on Friday. The business has a fifty day moving average of $32.45 and a two-hundred day moving average of $41.56. The stock has a market cap of $4.08 billion, a price-to-earnings ratio of 7.43, a price-to-earnings-growth ratio of 0.51 and a beta of 0.32. H&R Block has a 52-week low of $28.16 and a 52-week high of $64.62.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.84) EPS for the quarter, beating the consensus estimate of ($1.96) by $0.12. The business had revenue of $198.87 million for the quarter, compared to analyst estimates of $187.36 million. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The company’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company posted ($1.73) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, sell-side analysts anticipate that H&R Block will post 5.25 EPS for the current year.

H&R Block Dividend Announcement

The business also recently announced 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 5.2%. The ex-dividend date is Wednesday, March 4th. H&R Block’s dividend payout ratio (DPR) is 38.80%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in HRB. Fuller & Thaler Asset Management Inc. raised its holdings in shares of H&R Block by 4.7% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 4,285,516 shares of the company’s stock valued at $186,763,000 after buying an additional 191,608 shares during the period. Boston Partners lifted its stake in H&R Block by 20.2% during the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock worth $196,542,000 after acquiring an additional 652,690 shares in the last quarter. AQR Capital Management LLC boosted its holdings in H&R Block by 31.2% during the 4th quarter. AQR Capital Management LLC now owns 3,402,728 shares of the company’s stock valued at $146,998,000 after acquiring an additional 809,438 shares during the period. Lazard Asset Management LLC boosted its holdings in H&R Block by 0.8% during the 3rd quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock valued at $162,490,000 after acquiring an additional 26,708 shares during the period. Finally, Northern Trust Corp grew its position in H&R Block by 10.9% in the 3rd quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock valued at $139,088,000 after acquiring an additional 269,581 shares in the last quarter. 90.14% of the stock is currently owned by institutional investors and hedge funds.

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.