Zacks Research Has Negative Outlook of H&R Block Q3 Earnings

H&R Block, Inc. (NYSE:HRB) – Stock analysts at Zacks Research decreased their Q3 2026 earnings per share (EPS) estimates for H&R Block in a note issued to investors on Wednesday, November 27th. Zacks Research analyst R. Department now forecasts that the company will post earnings per share of $5.44 for the quarter, down from their previous forecast of $5.54. The consensus estimate for H&R Block’s current full-year earnings is $5.27 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.

Other analysts have also issued research reports about the company. Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a research note on Friday, November 8th. StockNews.com lowered H&R Block from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. Finally, The Goldman Sachs Group upped their price target on H&R Block from $39.00 to $44.00 and gave the company a “sell” rating in a research note on Friday, August 16th.

H&R Block Stock Performance

HRB opened at $58.15 on Monday. The stock has a market cap of $7.97 billion, a PE ratio of 14.18, a P/E/G ratio of 0.90 and a beta of 0.66. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 16.46. H&R Block has a 1 year low of $42.28 and a 1 year high of $68.45. The stock’s 50 day simple moving average is $60.66 and its 200-day simple moving average is $58.11.

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

Hedge Funds Weigh In On H&R Block

Hedge funds and other institutional investors have recently modified their holdings of the business. Eastern Bank acquired a new position in H&R Block during the 3rd quarter worth about $25,000. Bogart Wealth LLC increased its position in H&R Block by 606.1% in the 3rd quarter. Bogart Wealth LLC now owns 466 shares of the company’s stock valued at $30,000 after buying an additional 400 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in H&R Block in the 3rd quarter valued at about $34,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in H&R Block in the 3rd quarter valued at about $35,000. Finally, Harbor Capital Advisors Inc. bought a new stake in H&R Block in the 3rd quarter valued at about $40,000. Institutional investors own 90.14% of the company’s stock.

Insider Activity at H&R Block

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

H&R Block Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 6th. Investors of record on Thursday, December 5th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $1.50 annualized dividend and a yield of 2.58%. H&R Block’s dividend payout ratio (DPR) is presently 36.59%.

H&R Block announced that its Board of Directors has approved a share repurchase program on Thursday, August 15th that authorizes the company to buyback $1.50 billion in shares. This buyback authorization authorizes the company to purchase up to 16.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its stock is undervalued.

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.