Headlines about H&R Block (NYSE:HRB) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. H&R Block earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned headlines about the company an impact score of 68 out of 100, indicating that recent press coverage is likely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern’s rankings:
- Rapper DMX Is Charged With IRS Tax Evasion, Could Face 44 Years (finance.yahoo.com)
- 12 Year Prison Term For NY Restaurant Owner Tax Evasion And Ponzi Scheme (finance.yahoo.com)
- Needle Action Activity Spotted in H & R Block Inc (HRB) – Evergreen Caller (evergreencaller.com)
- H&R Block, Inc. (NYSE:HRB) Expected to Post Earnings of -$0.63 Per Share (americanbankingnews.com)
- H&R Block, Inc. (NYSE:HRB) Director Sells 6300 Shares of Stock (lazeresportes.com)
H&R Block (HRB) traded down 1.41% during midday trading on Friday, hitting $30.81. 705,590 shares of the company traded hands. The stock’s 50-day moving average is $27.73 and its 200-day moving average is $24.16. The firm has a market capitalization of $6.38 billion, a PE ratio of 16.18 and a beta of 0.54. H&R Block has a 12-month low of $19.85 and a 12-month high of $31.70.
H&R Block (NYSE:HRB) last announced its earnings results on Tuesday, June 13th. The company reported $3.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $3.53 by $0.23. H&R Block had a net margin of 13.47% and a negative return on equity of 104.14%. The business had revenue of $2.33 billion during the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the prior year, the company posted $3.16 earnings per share. The firm’s revenue was up 1.3% on a year-over-year basis. Analysts anticipate that H&R Block will post $1.99 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, July 3rd. Investors of record on Friday, June 23rd were issued a dividend of $0.24 per share. This is a boost from H&R Block’s previous quarterly dividend of $0.22. The ex-dividend date of this dividend was Wednesday, June 21st. This represents a $0.96 annualized dividend and a yield of 3.07%. H&R Block’s dividend payout ratio is presently 47.76%.
HRB has been the subject of a number of research reports. Zacks Investment Research lowered shares of H&R Block from a “buy” rating to a “hold” rating in a research note on Tuesday, June 6th. BTIG Research reissued a “buy” rating and set a $17.00 target price on shares of H&R Block in a research note on Monday, March 27th. Barrington Research lifted their target price on shares of H&R Block from $28.00 to $32.00 and gave the company an “outperform” rating in a research note on Monday, June 19th. BMO Capital Markets lifted their target price on shares of H&R Block from $26.00 to $31.00 and gave the company a “market perform” rating in a research note on Friday, June 16th. Finally, Credit Suisse Group reissued a “neutral” rating and set a $29.00 target price (up previously from $27.00) on shares of H&R Block in a research note on Wednesday, June 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the stock. H&R Block presently has a consensus rating of “Hold” and an average price target of $27.67.
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In other H&R Block news, Director David B. Lewis sold 8,000 shares of the stock in a transaction on Monday, June 19th. The shares were sold at an average price of $30.01, for a total value of $240,080.00. Following the completion of the sale, the director now owns 82,083 shares in the company, valued at $2,463,310.83. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Tom D. Seip sold 6,300 shares of the stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $29.84, for a total transaction of $187,992.00. Following the completion of the sale, the director now owns 91,071 shares of the company’s stock, valued at approximately $2,717,558.64. The disclosure for this sale can be found here. Insiders have sold 1,469,740 shares of company stock valued at $45,195,680 in the last 90 days. 1.30% of the stock is currently owned by corporate insiders.
H&R Block Company Profile
H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company 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, Australia and their respective territories.
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