H&R Block (NYSE:HRB) Updates FY 2026 Earnings Guidance
by Amy Steele · The Cerbat GemH&R Block (NYSE:HRB – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 5.100-5.20 for the period, compared to the consensus estimate of 5.000. 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 Price Performance
Shares of H&R Block stock traded down $0.70 during midday trading on Wednesday, reaching $29.32. The company had a trading volume of 3,164,432 shares, compared to its average volume of 2,412,306. H&R Block has a fifty-two week low of $28.16 and a fifty-two week high of $64.62. The stock has a fifty day moving average price of $31.17 and a 200 day moving average price of $38.61. The firm has a market cap of $3.72 billion, a PE ratio of 6.77, a P/E/G ratio of 0.50 and a beta of 0.29.
H&R Block (NYSE:HRB – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $6.02 earnings per share for the quarter, topping analysts’ consensus estimates of $5.77 by $0.25. H&R Block had a net margin of 16.19% and a negative return on equity of 176.02%. The business had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.34 billion. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. As a group, sell-side analysts forecast that H&R Block will post 4.98 EPS for the current year.
H&R Block Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Wednesday, June 3rd will be paid a $0.42 dividend. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a dividend yield of 5.7%. H&R Block’s payout ratio is currently 38.80%.
Wall Street Analysts Forecast Growth
HRB has been the topic of a number of research reports. Barrington Research reiterated an “outperform” rating and set a $50.00 target price on shares of H&R Block in a research report on Monday, April 27th. Weiss Ratings upgraded H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research note on Tuesday, February 17th. Finally, The Goldman Sachs Group dropped their price target on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research note on Friday, February 6th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $41.00.
Get Our Latest Research Report on H&R Block
Institutional Trading of H&R Block
A number of hedge funds have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake 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 purchasing an additional 1,009 shares during the period. Jones Financial Companies Lllp increased its position in H&R Block by 3.6% in the first quarter. Jones Financial Companies Lllp now owns 11,423 shares of the company’s stock worth $627,000 after buying an additional 400 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of H&R Block by 15.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 848,532 shares of the company’s stock valued at $46,593,000 after buying an additional 112,127 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in H&R Block by 100.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after acquiring an additional 357 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in H&R Block by 119.2% during the second quarter. EverSource Wealth Advisors LLC now owns 914 shares of the company’s stock worth $50,000 after purchasing an additional 497 shares during the period. 90.14% of the stock is currently owned by institutional investors.
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.