H&R Block (NYSE:HRB) Updates FY 2026 Earnings Guidance

H&R Block (NYSE:HRB) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 5.100-5.20 for the period, compared to the consensus earnings per share 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 Trading Down 2.3%

Shares of H&R Block stock traded down $0.70 on Wednesday, hitting $29.32. The stock had a trading volume of 3,164,432 shares, compared to its average volume of 2,412,306. The company’s 50 day moving average price is $31.17 and its 200 day moving average price is $38.61. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 6.77, a P/E/G ratio of 0.50 and a beta of 0.29. H&R Block has a 52-week low of $28.16 and a 52-week high of $64.62.

H&R Block (NYSE:HRB) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, beating the consensus estimate of $5.77 by $0.25. The firm had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.34 billion. H&R Block had a negative return on equity of 176.02% and a net margin of 16.19%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business earned $5.38 EPS. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Analysts predict that H&R Block will post 4.98 EPS for the current fiscal year.

H&R Block Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be given a dividend of $0.42 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a yield of 5.7%. H&R Block’s payout ratio is presently 38.80%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on HRB shares. The Goldman Sachs Group dropped their target price on H&R Block from $48.00 to $32.00 and set a “sell” rating on the stock in a research report on Friday, February 6th. 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. Finally, Weiss Ratings upgraded shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a report on Tuesday, February 17th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, H&R Block presently has an average rating of “Hold” and a consensus target price of $41.00.

Institutional Investors Weigh In On H&R Block

A number of large investors have recently added to or reduced their stakes in HRB. AQR Capital Management LLC lifted its stake in H&R Block by 60.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after buying an additional 976,069 shares in the last quarter. Ranmore Fund Management Ltd purchased a new stake in H&R Block in the 4th quarter valued at approximately $41,314,000. Boston Partners lifted its stake in H&R Block by 20.2% in the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock valued at $196,542,000 after buying an additional 652,690 shares in the last quarter. Millennium Management LLC lifted its stake in H&R Block by 268.1% in the 4th quarter. Millennium Management LLC now owns 839,268 shares of the company’s stock valued at $36,575,000 after buying an additional 611,265 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in H&R Block by 335.4% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 749,298 shares of the company’s stock valued at $37,892,000 after buying an additional 577,200 shares in the last quarter. 90.14% of the stock is owned by institutional investors and hedge funds.

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.