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 Tuesday morning. The company provided earnings per share guidance of 4.850-5.000 for the period, compared to the consensus earnings per share estimate of 4.950. The company issued revenue guidance of $3.9 billion-$3.9 billion, compared to the consensus revenue estimate of $3.9 billion.

Analysts Set New Price Targets

A number of research firms have issued reports on HRB. Barrington Research reissued an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a report on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, H&R Block presently has an average rating of “Hold” and a consensus price target of $55.00.

H&R Block Price Performance

NYSE:HRB traded down $1.66 during trading hours on Tuesday, hitting $37.06. The company’s stock had a trading volume of 4,347,655 shares, compared to its average volume of 1,754,358. The company has a market capitalization of $4.68 billion, a P/E ratio of 8.20, a PEG ratio of 0.63 and a beta of 0.36. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76. H&R Block has a twelve month low of $36.56 and a twelve month high of $64.62. The stock has a fifty day simple moving average of $42.29 and a 200-day simple moving average of $47.89.

H&R Block (NYSE:HRB) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported ($1.84) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.96) by $0.12. H&R Block had a net margin of 16.24% and a negative return on equity of 169.98%. The company had revenue of $198.87 million for the quarter, compared to analyst estimates of $187.36 million. During the same period in the previous year, the firm posted ($1.73) EPS. The firm’s revenue was up 11.1% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. On average, analysts anticipate that H&R Block will post 5.25 EPS for the current fiscal year.

Insider Buying and Selling

In other H&R Block news, CEO Jeffrey J. Jones II sold 176,449 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total value of $8,197,820.54. Following the completion of the transaction, the chief executive officer directly owned 906,313 shares in the company, valued at approximately $42,107,301.98. This trade represents a 16.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.40% of the company’s stock.

Hedge Funds Weigh In On H&R Block

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Boston Partners raised its position in shares of H&R Block by 20.2% in the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock worth $196,542,000 after acquiring an additional 652,690 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of H&R Block by 0.8% in the 3rd quarter. Lazard Asset Management LLC now owns 3,213,177 shares of the company’s stock valued at $162,490,000 after acquiring an additional 26,708 shares in the last quarter. Northern Trust Corp grew its holdings in H&R Block by 10.9% in the third quarter. Northern Trust Corp now owns 2,750,413 shares of the company’s stock worth $139,088,000 after purchasing an additional 269,581 shares during the period. AQR Capital Management LLC boosted its position in shares of H&R Block by 60.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock worth $130,961,000 after purchasing an additional 976,069 shares in the last quarter. Finally, Wellington Management Group LLP raised its stake in H&R Block by 2.3% during the 3rd quarter. Wellington Management Group LLP now owns 2,304,245 shares of the company’s stock worth $116,526,000 after buying an additional 51,719 shares during the period. 90.14% of the stock is currently owned by institutional investors and hedge funds.

About H&R Block

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.