H&R Block (NYSE:HRB) Releases FY 2027 Earnings Guidance

H&R Block (NYSE:HRB) issued an update on its FY 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 6.040-6.240 for the period, compared to the consensus EPS estimate of 5.820. The company issued revenue guidance of $4.1 billion-$4.2 billion, compared to the consensus revenue estimate of $4.0 billion.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on HRB shares. Stephens started coverage on shares of H&R Block in a research note on Tuesday, July 28th. They issued an “equal weight” rating and a $47.00 price target on the stock. Weiss Ratings raised shares of H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, July 2nd. Zacks Research lowered shares of H&R Block from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 27th. The Goldman Sachs Group boosted their target price on shares of H&R Block from $29.00 to $33.00 and gave the stock a “sell” rating in a research note on Wednesday. Finally, Barrington Research upped their price target on shares of H&R Block from $50.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday. One analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, H&R Block presently has a consensus rating of “Hold” and an average price target of $46.67.

H&R Block Stock Up 16.0%

Shares of H&R Block stock opened at $54.16 on Thursday. The stock has a market cap of $6.87 billion, a price-to-earnings ratio of 9.47, a P/E/G ratio of 0.66 and a beta of 0.34. H&R Block has a twelve month low of $28.16 and a twelve month high of $58.67. The company’s fifty day moving average is $40.33 and its 200 day moving average is $35.82.

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 negative return on equity of 147.59% and a net margin of 18.59%.The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same period in the previous year, the business earned $2.27 EPS. The business’s quarterly revenue was up 255.5% compared to the same quarter last year. H&R Block has set its FY 2027 guidance at 6.040-6.240 EPS. As a group, equities analysts anticipate that H&R Block will post 5.65 earnings per share for the current fiscal year.

H&R Block Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.46 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.84 dividend on an annualized basis and a yield of 3.4%. This is a boost from H&R Block’s previous quarterly dividend of $0.42. H&R Block’s payout ratio is currently 29.37%.

H&R Block News Roundup

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

• Positive Sentiment: Quarterly results exceeded expectations. H&R Block reported fiscal fourth-quarter adjusted EPS of $2.38, above the $2.21-$2.23 analyst estimates, while revenue reached $1.14 billion versus expectations near $1.12 billion. Annual revenue grew 5%, and operating cash flow increased 23%. H&R Block Fiscal 2026 Results
• Positive Sentiment: Fiscal 2027 outlook topped consensus. Management forecast adjusted EPS of $6.04-$6.24 and revenue of approximately $4.11-$4.16 billion, ahead of analyst expectations of roughly $5.82 EPS and $4.0 billion in revenue. The company is prioritizing higher-value customers, retention and an AI-enabled expert service model. H&R Block Fiscal 2027 Outlook
• Positive Sentiment: Shareholder returns increased. H&R Block raised its quarterly dividend 9.5% to $0.46 per share, equivalent to an annualized yield of about 3.4%, marking another year of dividend growth. H&R Block Dividend Increase
• Positive Sentiment: Analyst sentiment improved. Barrington Research raised its HRB price target from $50 to $60 and assigned an “outperform” rating, implying additional upside based on the cited reference price. Barrington Research Price Target Update
• Neutral Sentiment: Call-option volume was unusually high, with 2,201 calls purchased versus an average of 736. This signals bullish speculative positioning but does not guarantee continued gains.
• Neutral Sentiment: Institutional positioning was mixed: some major investors added HRB shares while others reduced or exited positions, offering no clear consensus signal.
• Negative Sentiment: The shift toward a more consultative, AI-enabled model requires increased investment, which could raise near-term expenses and execution risk even as management targets stronger long-term growth.

Institutional Investors Weigh In On H&R Block

Large investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in shares of H&R Block in the 3rd quarter worth about $180,000. Quarry LP grew its stake in H&R Block by 513.4% during the third quarter. Quarry LP now owns 2,883 shares of the company’s stock worth $146,000 after purchasing an additional 2,413 shares during the period. New Vernon Capital Holdings II LLC bought a new stake in H&R Block in the third quarter worth approximately $190,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in H&R Block by 38.2% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,793 shares of the company’s stock worth $192,000 after purchasing an additional 1,048 shares in the last quarter. Finally, State of Wyoming lifted its stake in H&R Block by 13,962.5% in the second quarter. State of Wyoming now owns 2,250 shares of the company’s stock valued at $124,000 after buying an additional 2,234 shares during the period. 90.14% of the stock is currently 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.