H&R Block (NYSE:HRB) Releases FY25 Earnings Guidance

H&R Block (NYSE:HRB) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share guidance of $5.15-5.35 for the period, compared to the consensus earnings per share estimate of $5.26. The company issued revenue guidance of $3.69-3.75 billion, compared to the consensus revenue estimate of $3.72 billion. H&R Block also updated its FY 2025 guidance to 5.150-5.350 EPS.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. The Goldman Sachs Group raised their target price on shares of H&R Block from $39.00 to $44.00 and gave the stock a “sell” rating in a report on Friday, August 16th. StockNews.com lowered H&R Block from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $70.00 target price on shares of H&R Block in a research note on Friday.

H&R Block Trading Down 6.6 %

Shares of NYSE HRB traded down $4.18 during mid-day trading on Friday, reaching $59.18. The company had a trading volume of 2,518,300 shares, compared to its average volume of 1,073,137. H&R Block has a 52 week low of $41.98 and a 52 week high of $68.45. The business’s 50-day moving average is $62.09 and its 200-day moving average is $56.98. The stock has a market cap of $8.19 billion, a price-to-earnings ratio of 14.02, a price-to-earnings-growth ratio of 0.95 and a beta of 0.67. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 16.46.

H&R Block (NYSE:HRB) last issued its earnings results on Thursday, August 15th. The company reported $1.89 EPS for the quarter, topping analysts’ consensus estimates of $1.74 by $0.15. H&R Block had a net margin of 16.49% and a negative return on equity of 220.05%. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the prior year, the firm earned $2.05 EPS. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Equities analysts expect that H&R Block will post 5.25 earnings per share for the current year.

H&R Block Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, January 6th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date is Thursday, December 5th. H&R Block’s dividend payout ratio (DPR) is presently 35.55%.

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

Insider Activity

In related news, VP Kellie J. Logerwell sold 9,846 shares of H&R Block stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $65.00, for a total value of $639,990.00. Following the completion of the sale, the vice president now directly owns 25,028 shares in the company, valued at $1,626,820. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, insider Dara S. Redler sold 9,100 shares of H&R Block stock in a transaction on Monday, August 19th. The stock was sold at an average price of $64.10, for a total value of $583,310.00. Following the transaction, the insider now directly owns 22,066 shares in the company, valued at approximately $1,414,430.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP Kellie J. Logerwell sold 9,846 shares of the business’s stock in a transaction on Monday, August 19th. The stock was sold at an average price of $65.00, for a total value of $639,990.00. Following the completion of the transaction, the vice president now directly owns 25,028 shares of the company’s stock, valued at approximately $1,626,820. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 115,927 shares of company stock worth $7,517,056. Company insiders own 1.30% of the company’s stock.

H&R Block Company Profile

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.