H&R Block’s (HRB) Outperform Rating Reiterated at Barrington Research

Barrington Research reaffirmed their outperform rating on shares of H&R Block (NYSE:HRB) in a research note released on Thursday morning,Benzinga reports. The firm currently has a $62.00 target price on the stock.

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, H&R Block currently has a consensus rating of “Hold” and a consensus target price of $55.00.

H&R Block Stock Performance

NYSE:HRB opened at $40.04 on Thursday. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 12.86. H&R Block has a twelve month low of $38.88 and a twelve month high of $64.62. The company has a fifty day moving average of $42.80 and a 200-day moving average of $48.64. The firm has a market capitalization of $5.06 billion, a P/E ratio of 9.00, a P/E/G ratio of 0.65 and a beta of 0.34.

H&R Block (NYSE:HRB) last posted its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, beating the consensus estimate of ($1.40) by $0.20. H&R Block had a net margin of 16.24% and a negative return on equity of 169.98%. The firm had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. During the same period in the previous year, the firm posted ($1.17) earnings per share. The business’s revenue was up 5.0% compared to the same quarter last year. 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Thursday, December 4th were given a $0.42 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $1.68 annualized dividend and a yield of 4.2%. H&R Block’s dividend payout ratio (DPR) is presently 37.75%.

Insider Buying and Selling

In other news, CEO Jeffrey J. Jones II sold 128,818 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 861,313 shares of the company’s stock, valued at $38,362,881.02. This represents a 13.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On H&R Block

Several institutional investors have recently bought and sold shares of the stock. Alpine Bank Wealth Management purchased a new stake in H&R Block in the 3rd quarter valued at $26,000. Clearstead Advisors LLC raised its holdings in shares of H&R Block by 134.4% in the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock valued at $26,000 after purchasing an additional 293 shares during the last quarter. Operose Advisors LLC bought a new position in shares of H&R Block during the second quarter valued at about $27,000. Quent Capital LLC purchased a new position in H&R Block during the third quarter worth about $27,000. Finally, Abound Wealth Management grew its position in H&R Block by 208.0% in the 4th quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after purchasing an additional 416 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

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.