H&R Block (NYSE:HRB) Releases FY 2026 Earnings Guidance

H&R Block (NYSE:HRB) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 4.850-5.000 for the period, compared to the consensus estimate of 4.950. The company issued revenue guidance of $3.9 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

H&R Block Trading Down 3.6%

H&R Block stock traded down $1.83 during trading on Friday, hitting $49.62. The company had a trading volume of 2,475,940 shares, compared to its average volume of 1,482,058. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 11.10, a price-to-earnings-growth ratio of 0.82 and a beta of 0.32. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 12.86. H&R Block has a 1-year low of $47.00 and a 1-year high of $64.62. The company’s 50 day simple moving average is $50.87 and its 200-day simple moving average is $54.14.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.20. H&R Block had a negative return on equity of 191.38% and a net margin of 16.11%.The company had revenue of $203.55 million for the quarter, compared to analysts’ expectations of $200.13 million. During the same period in the prior year, the firm earned ($1.17) earnings per share. The firm’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, analysts expect that H&R Block will post 5.25 EPS for the current fiscal year.

H&R Block Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Thursday, December 4th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, December 4th. H&R Block’s payout ratio is currently 37.75%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Weiss Ratings cut shares of H&R Block from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. The Goldman Sachs Group cut their target price on shares of H&R Block from $54.00 to $48.00 and set a “sell” rating on the stock in a research note on Wednesday, August 13th. Zacks Research cut shares of H&R Block from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Finally, Barrington Research restated an “outperform” rating and issued a $62.00 price target on shares of H&R Block in a research note on Monday, October 27th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $55.00.

Hedge Funds Weigh In On H&R Block

Institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its holdings in H&R Block by 100.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after buying an additional 357 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of H&R Block by 119.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $50,000 after acquiring an additional 497 shares in the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of H&R Block by 71.9% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,226 shares of the company’s stock valued at $67,000 after acquiring an additional 513 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of H&R Block by 85.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,191 shares of the company’s stock worth $119,000 after acquiring an additional 1,009 shares in the last quarter. Finally, State of Wyoming raised its position in shares of H&R Block by 13,962.5% during the 2nd quarter. State of Wyoming now owns 2,250 shares of the company’s stock worth $124,000 after acquiring an additional 2,234 shares in the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

About H&R Block

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.