Shares of H&R Block, Inc. (NYSE:HRB) have been given an average rating of “Hold” by the eleven brokerages that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $26.67.

A number of research firms have recently weighed in on HRB. Northcoast Research reiterated a “neutral” rating on shares of H&R Block in a research note on Wednesday, August 30th. ValuEngine lowered shares of H&R Block from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Credit Suisse Group reiterated a “neutral” rating and issued a $30.00 price objective (up previously from $29.00) on shares of H&R Block in a research note on Wednesday, August 30th. BidaskClub upgraded shares of H&R Block from a “hold” rating to a “buy” rating in a research note on Wednesday, August 16th. Finally, Zacks Investment Research upgraded shares of H&R Block from a “sell” rating to a “hold” rating in a research note on Wednesday, September 13th.

H&R Block (NYSE HRB) traded up $0.21 during trading on Wednesday, hitting $24.27. 533,743 shares of the stock were exchanged, compared to its average volume of 2,353,615. The company has a debt-to-equity ratio of -6.97, a quick ratio of 1.48 and a current ratio of 1.48. H&R Block has a 12-month low of $19.85 and a 12-month high of $31.80. The company has a market cap of $5,029.98, a P/E ratio of 12.15, a PEG ratio of 1.11 and a beta of 0.54.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Tuesday, August 29th. The company reported ($0.62) earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of ($0.62). The business had revenue of $138.00 million for the quarter, compared to analyst estimates of $129.33 million. H&R Block had a net margin of 13.19% and a negative return on equity of 101.42%. H&R Block’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.56) EPS. sell-side analysts forecast that H&R Block will post 1.98 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 4th will be issued a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 3.96%. H&R Block’s dividend payout ratio (DPR) is presently 49.48%.

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A number of hedge funds and other institutional investors have recently made changes to their positions in HRB. JPMorgan Chase & Co. boosted its holdings in H&R Block by 247.1% during the second quarter. JPMorgan Chase & Co. now owns 3,065,584 shares of the company’s stock worth $94,759,000 after buying an additional 2,182,306 shares in the last quarter. Schroder Investment Management Group boosted its holdings in H&R Block by 208.9% during the second quarter. Schroder Investment Management Group now owns 2,664,382 shares of the company’s stock worth $82,277,000 after buying an additional 1,801,791 shares in the last quarter. APG Asset Management N.V. boosted its holdings in H&R Block by 70.5% during the third quarter. APG Asset Management N.V. now owns 4,066,049 shares of the company’s stock worth $107,669,000 after buying an additional 1,681,474 shares in the last quarter. Lord Abbett & CO. LLC boosted its holdings in H&R Block by 838.9% during the second quarter. Lord Abbett & CO. LLC now owns 1,459,100 shares of the company’s stock worth $45,101,000 after buying an additional 1,303,700 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in H&R Block by 5,390.7% during the second quarter. American Century Companies Inc. now owns 1,191,765 shares of the company’s stock worth $36,837,000 after buying an additional 1,170,060 shares in the last quarter. 91.74% of the stock is currently owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for H&R Block (NYSE:HRB)

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