Zacks Research Has Pessimistic View of H&R Block Q3 Earnings

H&R Block, Inc. (NYSE:HRB) – Equities research analysts at Zacks Research lowered their Q3 2026 earnings per share estimates for H&R Block in a research note issued to investors on Wednesday, November 27th. Zacks Research analyst R. Department now anticipates that the company will earn $5.44 per share for the quarter, down from their prior forecast of $5.54. The consensus estimate for H&R Block’s current full-year earnings is $5.28 per share. Zacks Research also issued estimates for H&R Block’s Q4 2026 earnings at $2.52 EPS and FY2026 earnings at $5.06 EPS.

A number of other research firms also recently issued reports on HRB. StockNews.com downgraded shares of H&R Block from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. The Goldman Sachs Group increased their price objective on H&R Block from $39.00 to $44.00 and gave the stock a “sell” rating in a report on Friday, August 16th. Finally, Barrington Research restated an “outperform” rating and issued a $70.00 target price on shares of H&R Block in a research note on Friday, November 8th.

H&R Block Price Performance

NYSE HRB opened at $59.11 on Monday. The company has a 50 day simple moving average of $60.76 and a 200-day simple moving average of $58.06. H&R Block has a 52-week low of $42.28 and a 52-week high of $68.45. The firm has a market capitalization of $8.10 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 0.90 and a beta of 0.67. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.77 and a quick ratio of 0.77.

H&R Block (NYSE:HRB) last announced its quarterly earnings data on Thursday, November 7th. The company reported ($1.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.13) by ($0.04). H&R Block had a negative return on equity of 212.45% and a net margin of 16.19%. The business had revenue of $193.81 million during the quarter, compared to analysts’ expectations of $188.78 million. During the same period in the prior year, the company posted ($1.05) earnings per share.

H&R Block declared that its Board of Directors has approved a stock buyback program on Thursday, August 15th that allows the company to repurchase $1.50 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 16.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

H&R Block Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Stockholders of record on Thursday, December 5th will be paid a dividend of $0.375 per share. The ex-dividend date is Thursday, December 5th. This represents a $1.50 annualized dividend and a dividend yield of 2.54%. H&R Block’s dividend payout ratio (DPR) is 36.59%.

Insider Activity

In related news, VP Kellie J. Logerwell sold 8,000 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $64.41, for a total value of $515,280.00. Following the transaction, the vice president now directly owns 18,474 shares of the company’s stock, valued at approximately $1,189,910.34. This trade represents a 30.22 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 1.30% of the stock is owned by insiders.

Hedge Funds Weigh In On H&R Block

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. boosted its holdings in shares of H&R Block by 4.2% during the 3rd quarter. Coldstream Capital Management Inc. now owns 4,878 shares of the company’s stock worth $309,000 after buying an additional 198 shares during the period. Rockland Trust Co. boosted its holdings in H&R Block by 1.2% during the third quarter. Rockland Trust Co. now owns 16,866 shares of the company’s stock valued at $1,072,000 after acquiring an additional 200 shares during the period. TriaGen Wealth Management LLC grew its position in shares of H&R Block by 2.4% in the second quarter. TriaGen Wealth Management LLC now owns 8,642 shares of the company’s stock valued at $469,000 after purchasing an additional 203 shares during the last quarter. EP Wealth Advisors LLC increased its stake in shares of H&R Block by 5.5% in the third quarter. EP Wealth Advisors LLC now owns 4,245 shares of the company’s stock worth $270,000 after purchasing an additional 221 shares during the period. Finally, Bank of Montreal Can lifted its position in shares of H&R Block by 1.0% during the 2nd quarter. Bank of Montreal Can now owns 24,467 shares of the company’s stock worth $1,327,000 after purchasing an additional 251 shares during the last quarter. Institutional investors and hedge funds own 90.14% of the company’s stock.

H&R Block Company Profile

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. It offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees.