Barrington Research reissued their outperform rating on shares of H&R Block (NYSE:HRB - Free Report) in a research note published on Wednesday,Benzinga reports. They currently have a $70.00 price target on the stock. Barrington Research also issued estimates for H&R Block's Q4 2025 earnings at $3.00 EPS.
H&R Block Trading Down 1.8 %
Shares of NYSE HRB traded down $0.99 during trading hours on Wednesday, reaching $53.21. The stock had a trading volume of 1,290,103 shares, compared to its average volume of 1,171,457. H&R Block has a 52-week low of $44.81 and a 52-week high of $68.45. The firm has a market cap of $7.29 billion, a price-to-earnings ratio of 14.66, a P/E/G ratio of 0.82 and a beta of 0.69. The business's fifty day moving average price is $54.74 and its two-hundred day moving average price is $58.69. The company has a current ratio of 0.73, a quick ratio of 0.77 and a debt-to-equity ratio of 16.46.
H&R Block (NYSE:HRB - Get Free Report) last issued its earnings results on Tuesday, February 4th. The company reported ($1.73) earnings per share for the quarter, missing the consensus estimate of ($1.59) by ($0.14). H&R Block had a negative return on equity of 179.15% and a net margin of 14.71%. Analysts expect that H&R Block will post 5.27 EPS for the current fiscal year.
H&R Block Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 3rd. Stockholders of record on Tuesday, March 4th will be issued a $0.375 dividend. The ex-dividend date is Tuesday, March 4th. This represents a $1.50 annualized dividend and a dividend yield of 2.82%. H&R Block's dividend payout ratio is currently 41.32%.
Hedge Funds Weigh In On H&R Block
Hedge funds and other institutional investors have recently modified their holdings of the business. Wedge Capital Management L L P NC lifted its holdings in H&R Block by 1,630.9% during the third quarter. Wedge Capital Management L L P NC now owns 777,264 shares of the company's stock worth $49,395,000 after buying an additional 732,359 shares during the period. Boston Trust Walden Corp bought a new position in shares of H&R Block in the 4th quarter worth $25,552,000. Pacer Advisors Inc. lifted its stake in shares of H&R Block by 21.1% during the 4th quarter. Pacer Advisors Inc. now owns 2,735,189 shares of the company's stock worth $144,527,000 after purchasing an additional 476,892 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in H&R Block by 5.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,219,462 shares of the company's stock valued at $275,796,000 after purchasing an additional 282,633 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in H&R Block by 105.7% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 473,112 shares of the company's stock valued at $24,999,000 after purchasing an additional 243,100 shares during the last quarter. 90.14% of the stock is currently owned by institutional investors.
About H&R Block
(
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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.
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