H&R Block (HRB) Scheduled to Post Earnings on Thursday

H&R Block (NYSE:HRB) is scheduled to be posting its quarterly earnings results after the market closes on Thursday, November 7th. Analysts expect H&R Block to post earnings of ($1.13) per share for the quarter. H&R Block has set its FY25 guidance at $5.15-5.35 EPS and its FY 2025 guidance at 5.150-5.350 EPS.Investors that wish to register for the company’s conference call can do so using this link.

H&R Block (NYSE:HRB) last released its quarterly earnings results on Thursday, August 15th. The company reported $1.89 EPS for the quarter, beating analysts’ consensus estimates of $1.74 by $0.15. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. H&R Block had a negative return on equity of 220.05% and a net margin of 16.49%. H&R Block’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.05 EPS. On average, analysts expect H&R Block to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

H&R Block Price Performance

HRB opened at $60.99 on Wednesday. H&R Block has a 1 year low of $39.20 and a 1 year high of $68.45. The company has a debt-to-equity ratio of 16.46, a current ratio of 1.27 and a quick ratio of 1.27. The company has a market capitalization of $8.44 billion, a price-to-earnings ratio of 14.45, a P/E/G ratio of 0.91 and a beta of 0.67. The firm’s fifty day moving average price is $62.28 and its two-hundred day moving average price is $56.64.

H&R Block Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 5th were given a dividend of $0.375 per share. This is a positive change from H&R Block’s previous quarterly dividend of $0.32. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.46%. The ex-dividend date of this dividend was Thursday, September 5th. H&R Block’s dividend payout ratio (DPR) is presently 35.55%.

H&R Block announced that its Board of Directors has initiated a share buyback program on Thursday, August 15th that permits the company to repurchase $1.50 billion in shares. This repurchase authorization permits the company to purchase up to 16.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on HRB shares. Barrington Research restated an “outperform” rating and issued a $70.00 target price on shares of H&R Block in a research note on Monday, October 28th. StockNews.com lowered H&R Block from a “buy” rating to a “hold” rating in a report on Friday, August 16th. Finally, The Goldman Sachs Group upped their price objective on H&R Block from $39.00 to $44.00 and gave the company a “sell” rating in a research note on Friday, August 16th.

Insider Buying and Selling at H&R Block

In other news, CFO Tony G. Bowen sold 79,259 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $65.17, for a total transaction of $5,165,309.03. Following the completion of the sale, the chief financial officer now owns 90,095 shares in the company, valued at $5,871,491.15. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, VP Kellie J. Logerwell sold 9,846 shares of the company’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $65.00, for a total transaction of $639,990.00. Following the transaction, the vice president now owns 25,028 shares of the company’s stock, valued at $1,626,820. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Tony G. Bowen sold 79,259 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $65.17, for a total value of $5,165,309.03. Following the transaction, the chief financial officer now owns 90,095 shares of the company’s stock, valued at $5,871,491.15. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 115,927 shares of company stock worth $7,517,056 over the last three months. 1.30% of the stock is currently owned by insiders.

About H&R Block

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.