What is Zacks Research’s Estimate for H&R Block Q1 Earnings?

H&R Block, Inc. (NYSE:HRB) – Equities researchers at Zacks Research lowered their Q1 2027 earnings per share estimates for H&R Block in a research report issued on Monday, August 31st. Zacks Research analyst Team now anticipates that the company will earn ($1.35) per share for the quarter, down from their previous forecast of ($1.28). Zacks Research has a “Hold” rating on the stock. The consensus estimate for H&R Block’s current full-year earnings is $6.11 per share. Zacks Research also issued estimates for H&R Block’s Q2 2027 earnings at ($1.98) EPS, Q3 2027 earnings at $6.61 EPS, Q1 2028 earnings at ($1.28) EPS, Q2 2028 earnings at ($2.12) EPS, Q3 2028 earnings at $6.51 EPS and Q4 2028 earnings at $2.48 EPS.

A number of other equities analysts have also commented on the stock. Weiss Ratings upgraded shares of H&R Block from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, July 2nd. The Goldman Sachs Group lifted their target price on shares of H&R Block from $29.00 to $33.00 and gave the company a “sell” rating in a research note on Wednesday, August 12th. Barrington Research boosted their target price on H&R Block from $50.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Finally, Stephens assumed coverage on H&R Block in a research report on Tuesday, July 28th. They set an “equal weight” rating and a $47.00 price target on the stock. One equities research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $46.67.

H&R Block Trading Down 1.3%

Shares of H&R Block stock opened at $50.99 on Wednesday. H&R Block has a 12-month low of $28.16 and a 12-month high of $58.67. The stock has a market capitalization of $6.46 billion, a P/E ratio of 8.91, a price-to-earnings-growth ratio of 0.68 and a beta of 0.36. The company has a 50-day simple moving average of $44.88 and a 200 day simple moving average of $37.40. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 12.69.

H&R Block (NYSE:HRB) last issued its earnings results on Tuesday, August 11th. The company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.21 by $0.17. H&R Block had a net margin of 18.59% and a negative return on equity of 214.84%. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the previous year, the company earned $2.27 EPS. The firm’s revenue for the quarter was up 255.5% compared to the same quarter last year. H&R Block has set its FY 2027 guidance at 6.040-6.240 EPS.

H&R Block Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 6th. Investors of record on Thursday, September 3rd will be given a dividend of $0.46 per share. This is a positive change from H&R Block’s previous quarterly dividend of $0.42. The ex-dividend date is Thursday, September 3rd. This represents a $1.84 annualized dividend and a yield of 3.6%. H&R Block’s dividend payout ratio is currently 29.37%.

Institutional Investors Weigh In On H&R Block

A number of hedge funds have recently added to or reduced their stakes in the stock. Los Angeles Capital Management LLC acquired a new stake in H&R Block in the 4th quarter valued at about $28,000. MassMutual Private Wealth & Trust FSB lifted its position in shares of H&R Block by 54.0% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 895 shares of the company’s stock worth $34,000 after purchasing an additional 314 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of H&R Block by 100.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 711 shares of the company’s stock valued at $39,000 after purchasing an additional 357 shares during the last quarter. Elevation Wealth Partners LLC grew its stake in shares of H&R Block by 34.5% during the second quarter. Elevation Wealth Partners LLC now owns 1,040 shares of the company’s stock valued at $40,000 after purchasing an additional 267 shares during the last quarter. Finally, Bogart Wealth LLC grew its stake in shares of H&R Block by 51.4% during the first quarter. Bogart Wealth LLC now owns 1,311 shares of the company’s stock valued at $42,000 after purchasing an additional 445 shares during the last quarter. Institutional investors own 90.14% of the company’s stock.

H&R Block News Roundup

Here are the key news stories impacting H&R Block this week:

• Positive Sentiment: Several longer-term estimates improved: Zacks raised its FY2027 EPS forecast to $6.06 from $5.57, Q3 2027 EPS to $6.61 from $5.91, and Q3 2028 EPS to $6.51 from $5.92. Estimates for FY2028 and Q1–Q2 2028 also edged higher, indicating some confidence in H&R Block’s peak tax-season earnings potential.
• Neutral Sentiment: H&R Block launched its third annual “Fund Her Future” grant program for women-owned small businesses, adding year-round support and potential brand goodwill. However, the initiative is unlikely to materially affect near-term earnings. H&R Block launches third annual Fund Her Future grant
• Negative Sentiment: Near-term and late-year estimates were reduced: Q1 2027 EPS was lowered to a $1.35 loss from a $1.28 loss, Q2 2027 to a $1.98 loss from a $1.95 loss, and Q4 2027 to $2.78 from $2.90. Zacks also cut its Q4 2028 forecast sharply to $2.48 from $3.05. These reductions may weigh on sentiment because they point to softer results outside H&R Block’s core tax-season quarter.

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.