Media coverage about H & R Block (NYSE:HRB) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. H & R Block earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave news headlines about the company an impact score of 42.4794736407597 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s rankings:
- Where to look at buying opportunities on H&R Block, Inc. (HRB) – Wall Street Morning (wallstreetmorning.com)
- IRS more likely to question returns than taxpayers think – GlobeNewswire (press release) (globenewswire.com)
- New Tax On Lawsuit Settlements — Legal Fees Can’t Be Deducted (finance.yahoo.com)
- IRS more likely to question returns than taxpayers think (finance.yahoo.com)
- H & R Block (HRB) Stock Rating Reaffirmed by BTIG Research (americanbankingnews.com)
A number of equities analysts have recently commented on HRB shares. BMO Capital Markets reissued a “market perform” rating and issued a $30.00 price target on shares of H & R Block in a research report on Thursday, December 7th. Oppenheimer reissued a “hold” rating on shares of H & R Block in a research report on Thursday, December 7th. Zacks Investment Research lowered shares of H & R Block from a “hold” rating to a “sell” rating in a research report on Friday, December 8th. ValuEngine raised shares of H & R Block from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th. Finally, Northcoast Research raised shares of H & R Block from a “neutral” rating to a “buy” rating and dropped their price target for the company from $25.02 to $24.69 in a research report on Monday, March 5th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $27.67.
H & R Block (NYSE:HRB) last released its quarterly earnings results on Tuesday, March 6th. The company reported ($1.16) EPS for the quarter, beating the Zacks’ consensus estimate of ($1.29) by $0.13. H & R Block had a net margin of 8.19% and a negative return on equity of 77.32%. The company had revenue of $488.00 million for the quarter, compared to analyst estimates of $459.14 million. During the same quarter last year, the firm posted ($0.49) earnings per share. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. sell-side analysts forecast that H & R Block will post 2.76 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Tuesday, March 13th will be given a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date is Monday, March 12th. H & R Block’s dividend payout ratio (DPR) is currently 79.34%.
About H & R Block
H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.
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