H&R Block (HRB) Stock Price, News & Analysis

Company Overview

H&R Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. It offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees. The company also provides Refund Transfers and H&R Block Emerald Prepaid Mastercard, which enables clients to receive their tax refunds; Peace of Mind extended service plans; H&R Block Emerald Advance lines of credit; Tax Identity Shield that provides clients assistance in helping protect their tax identity and access to services to help restore their tax identity; refund advance loans; H&R Block Instant Refund; and H&R Block Pay With Refund services. In addition, it offers small business financial solutions through its company-owned or franchise offices, and online. The company was founded in 1955 and is headquartered in Kansas City, Missouri.

Key Stats

• Today's Range: $55.15 to $56.73
• 50-Day Range: $55.39 to $64.44
• 52-Week Range: $42.28 to $68.45
• Volume: 2.97 million shs
• Average Volume: 1.19 million shs
• Market Capitalization: $7.75 billion
• P/E Ratio: 13.79
• Dividend Yield: 2.65%
• Price Target: $57.00
• Consensus Rating: Hold

H&R Block Stock Analysis - MarketRank™

H&R Block scored higher than 80% of companies evaluated by MarketBeat, and ranked 82nd out of 288 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

Consensus Rating

H&R Block has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.

Amount of Analyst Coverage

H&R Block has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: -3.98%

Earnings Growth

Earnings for H&R Block are expected to decrease by -3.98% in the coming year, from $5.28 to $5.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of H&R Block is 13.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of H&R Block is 13.79, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.88.

Price to Earnings Growth Ratio

H&R Block has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

H&R Block has a P/B Ratio of 86.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.53% of the float of H&R Block has been sold short.

Short Interest Ratio / Days to Cover

H&R Block has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in H&R Block has recently decreased by 7.36%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

H&R Block pays a meaningful dividend of 2.49%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

H&R Block does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of H&R Block is 36.59%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, H&R Block will have a dividend payout ratio of 29.59% next year. This indicates that H&R Block will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.12

Percentage of Shares Shorted

7.53% of the float of H&R Block has been sold short.

Short Interest Ratio / Days to Cover

H&R Block has a short interest ratio ("days to cover") of 7.2.

Change versus previous month

Short interest in H&R Block has recently decreased by 7.36%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.31

News Sentiment

H&R Block has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for H&R Block this week, compared to 10 articles on an average week.

Search Interest

Only 2 people have searched for HRB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

3 people have added H&R Block to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, H&R Block insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,128,447.00 in company stock.

Percentage Held by Insiders

Only 1.30% of the stock of H&R Block is held by insiders.

Percentage Held by Institutions

90.14% of the stock of H&R Block is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HRB Stock Analysis - Frequently Asked Questions

How have HRB shares performed this year?

H&R Block's stock was trading at $48.37 at the start of the year. Since then, HRB stock has increased by 16.9% and is now trading at $56.54.
View the best growth stocks for 2024 here.

How were H&R Block's earnings last quarter?

H&R Block, Inc. (NYSE:HRB) announced its earnings results on Thursday, November, 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.13) by $0.04. The company earned $193.81 million during the quarter, compared to the consensus estimate of $188.78 million. H&R Block had a net margin of 16.19% and a negative trailing twelve-month return on equity of 212.45%.

How will H&R Block's stock buyback program work?

H&R Block's Board of Directors approved a stock buyback program on Thursday, August 15th 2024, which permits the company to repurchase $1,500,000,000 in shares, according to EventVestor. This means that the company could buy up to 16.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board believes its shares are undervalued.

Does H&R Block have any subsidiaries?

H&R Block subsidiaries include Wave, New River Innovation, Aculink Mortgage Solutions LLC, AcuLink of Alabama LLC, Ada Services Corporation, BFC Transactions Inc., Block Financial LLC, and others.

Who are H&R Block's major shareholders?

Top institutional shareholders of H&R Block include FMR LLC (13.81%), Charles Schwab Investment Management Inc. (3.57%), State Street Corp (3.28%) and Geode Capital Management LLC (1.91%). Insiders that own company stock include Jeffrey J Jones II, Robert A Gerard, Christianna Wood, Tony G Bowen, Karen A Orosco, Richard A Johnson, Dara S Redler and Kellie J Logerwell.
View institutional ownership trends.

How do I buy shares of H&R Block?

Shares of HRB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of H&R Block own?

Based on aggregate information from My MarketBeat watchlists, some other companies that H&R Block investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Ex-Dividend for 10/3 Dividend: 9/05/2024
• Dividend Payable: 10/03/2024
• Last Earnings: 11/07/2024
• Today: 11/20/2024
• Ex-Dividend for 1/6 Dividend: 12/05/2024
• Dividend Payable: 1/06/2025
• Next Earnings (Estimated): 2/04/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Discretionary
• Industry: Personal services
• Sub-Industry: Specialized Consumer Services
• Current Symbol: NYSE:HRB
• CUSIP: 09367110
• CIK: 12659
• Web: www.hrblock.com
• Phone: (816) 854-3000
• Fax: 816-854-8500
• Employees: 4,200
• Year Founded: 1955

Price Target and Rating

• Average Stock Price Target: $57.00
• High Stock Price Target: $70.00
• Low Stock Price Target: $44.00
• Potential Upside/Downside: +0.8%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $4.10
• Trailing P/E Ratio: 13.79
• Forward P/E Ratio: 10.71
• P/E Growth: 0.91
• Net Income: $595.32 million
• Net Margins: 16.19%
• Pretax Margin: 20.51%
• Return on Equity: -212.45%
• Return on Assets: 21.32%

Debt

• Debt-to-Equity Ratio: 16.46
• Current Ratio: 0.77
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: $3.61 billion
• Price / Sales: 2.15
• Cash Flow: $5.12 per share
• Price / Cash Flow: 11.05
• Book Value: $0.65 per share
• Price / Book: 86.98

Miscellaneous

• Outstanding Shares: 137,050,000
• Free Float: 135,264,000
• Market Cap: $7.75 billion
• Optionable: Optionable
• Beta: 0.67