FY2027 EPS Estimates for H&R Block Raised by Zacks Research

H&R Block, Inc. (NYSE:HRBFree Report) – Stock analysts at Zacks Research increased their FY2027 EPS estimates for H&R Block in a note issued to investors on Monday, August 31st. Zacks Research analyst Team now forecasts that the company will post earnings per share of $6.06 for the year, up from their previous estimate of $5.57. Zacks Research has a “Hold” rating on the stock. The consensus estimate for H&R Block’s current full-year earnings is $6.14 per share. Zacks Research also issued estimates for H&R Block’s Q4 2027 earnings at $2.78 EPS, FY2028 earnings at $5.58 EPS and FY2029 earnings at $6.32 EPS.

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

Get Our Latest Stock Analysis on HRB

H&R Block Price Performance

NYSE:HRB opened at $51.65 on Tuesday. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 12.69. H&R Block has a 52 week low of $28.16 and a 52 week high of $58.67. The stock’s 50-day moving average price is $44.58 and its 200-day moving average price is $37.25. The stock has a market capitalization of $6.55 billion, a PE ratio of 9.03, a price-to-earnings-growth ratio of 0.68 and a beta of 0.34.

H&R Block (NYSE:HRBGet Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The company reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm posted $2.27 earnings per share. The company’s 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.

H&R Block Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, September 3rd will be issued a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, September 3rd. This is a positive change from H&R Block’s previous quarterly dividend of $0.42. H&R Block’s payout ratio is presently 29.37%.

Institutional Investors Weigh In On H&R Block

Several large investors have recently bought and sold shares of HRB. California State Teachers Retirement System lifted its position in shares of H&R Block by 3,648.3% in the second quarter. California State Teachers Retirement System now owns 5,592,886 shares of the company’s stock valued at $212,977,000 after acquiring an additional 5,443,675 shares in the last quarter. Norges Bank purchased a new stake in shares of H&R Block during the fourth quarter worth approximately $69,441,000. Bank of New York Mellon Corp purchased a new stake in shares of H&R Block during the second quarter worth approximately $56,220,000. Lazard Asset Management LLC increased its position in shares of H&R Block by 50.9% during the first quarter. Lazard Asset Management LLC now owns 3,761,094 shares of the company’s stock worth $119,377,000 after purchasing an additional 1,269,064 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in H&R Block by 60.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after purchasing an additional 976,069 shares in the last quarter. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

H&R Block Company Profile

(Get Free Report)

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.

See Also

Earnings History and Estimates for H&R Block (NYSE:HRB)

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