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

H&R Block (NYSE:HRB) updated its FY 2027 earnings guidance on Tuesday. The company provided earnings per share guidance of 6.040-6.240 for the period, compared to the consensus earnings per share estimate of 6.140. The company issued revenue guidance of $4.1 billion-$4.2 billion, compared to the consensus revenue estimate of $4.1 billion.

H&R Block Price Performance

HRB stock opened at $51.06 on Thursday. The business’s 50-day moving average is $46.75 and its two-hundred day moving average is $39.71. The company has a debt-to-equity ratio of 12.69, a current ratio of 0.72 and a quick ratio of 1.13. The firm has a market capitalization of $6.21 billion, a P/E ratio of 9.37, a P/E/G ratio of 0.67 and a beta of 0.40. H&R Block has a 1 year low of $28.16 and a 1 year high of $58.67.

H&R Block (NYSE:HRB) last posted its earnings results on Monday, November 9th. The company reported ($1.40) EPS for the quarter, beating the consensus estimate of ($1.43) by $0.03. The firm had revenue of $224.34 million for the quarter, compared to analyst estimates of $212.28 million. H&R Block had a negative return on equity of 276.88% and a net margin of 17.92%. H&R Block’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($1.20) earnings per share. Analysts anticipate that H&R Block will post 6.11 earnings per share for the current fiscal year.

H&R Block Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 6th. Investors of record on Thursday, December 3rd will be given a $0.46 dividend. This represents a $1.84 annualized dividend and a yield of 3.6%. The ex-dividend date is Thursday, December 3rd. H&R Block’s payout ratio is 32.17%.

Analyst Ratings Changes

Several equities research analysts have recently commented on HRB shares. Stephens began coverage on H&R Block in a research note on Tuesday, July 28th. They set an “equal weight” rating and a $47.00 price target for the company. Zacks Research downgraded H&R Block from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 3rd. Barrington Research raised their target price on H&R Block from $50.00 to $60.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. The Goldman Sachs Group boosted their target price on shares of H&R Block from $36.00 to $40.00 and gave the stock a “sell” rating in a research report on Tuesday. Finally, Weiss Ratings cut shares of H&R Block from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, H&R Block presently has a consensus rating of “Hold” and a consensus price target of $49.00.

Insiders Place Their Bets

In other news, insider Mark J. Darling sold 2,700 shares of the firm’s stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $40.69, for a total transaction of $109,863.00. Following the completion of the transaction, the insider directly owned 21,588 shares of the company’s stock, valued at $878,415.72. This trade represents a 11.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.67% of the company’s stock.

About H&R Block

H&R Block, Inc. provides tax preparation and related financial services to individuals and small businesses. Its offerings include in-person tax preparation, online do-it-yourself filing, virtual tax assistance, and tax software, along with bookkeeping and other small-business services through its Block Advisors and Wave brands. Founded in 1955 in Kansas City, Missouri, by brothers Henry and Richard Bloch, the company grew from a local tax preparation business into a provider of tax services through offices and digital channels.