H&R Block (NYSE:HRB) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of H&R Block (NYSE:HRB) from a hold rating to a strong-buy rating in a research note published on Thursday morning,Zacks.com reports.

Other analysts also recently issued research reports about the stock. Barrington Research reissued an “outperform” rating and issued a $50.00 price target on shares of H&R Block in a research report on Monday, April 27th. Weiss Ratings raised shares of H&R Block from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, February 17th. Finally, The Goldman Sachs Group reduced their price target on shares of H&R Block from $48.00 to $32.00 and set a “sell” rating for the company in a research report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $41.00.

H&R Block Stock Up 1.6%

Shares of HRB stock opened at $36.87 on Thursday. The company has a market cap of $4.67 billion, a price-to-earnings ratio of 6.56, a price-to-earnings-growth ratio of 0.56 and a beta of 0.29. H&R Block has a 52 week low of $28.16 and a 52 week high of $59.17. The firm has a 50 day moving average of $31.30 and a 200-day moving average of $38.34.

H&R Block (NYSE:HRB) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $6.02 EPS for the quarter, topping the consensus estimate of $5.77 by $0.25. The company had revenue of $2.40 billion during the quarter, compared to the consensus estimate of $2.34 billion. H&R Block had a net margin of 18.90% and a negative return on equity of 211.62%. The company’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $5.38 EPS. H&R Block has set its FY 2026 guidance at 5.100-5.20 EPS. Analysts anticipate that H&R Block will post 5.16 earnings per share for the current year.

H&R Block Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 3rd will be paid a dividend of $0.42 per share. The ex-dividend date is Wednesday, June 3rd. This represents a $1.68 annualized dividend and a yield of 4.6%. H&R Block’s dividend payout ratio (DPR) is 38.80%.

Hedge Funds Weigh In On H&R Block

Several large investors have recently bought and sold shares of HRB. Norges Bank bought a new position in H&R Block during the 4th quarter valued at $69,441,000. AQR Capital Management LLC lifted its stake in 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 valued at $130,961,000 after acquiring an additional 976,069 shares in the last quarter. Ranmore Fund Management Ltd bought a new position in H&R Block during the 4th quarter valued at $41,314,000. Boston Partners lifted its stake in H&R Block by 20.2% during the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock valued at $196,542,000 after acquiring an additional 652,690 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in H&R Block by 268.1% during the 4th quarter. Millennium Management LLC now owns 839,268 shares of the company’s stock valued at $36,575,000 after acquiring an additional 611,265 shares in the last quarter. 90.14% of the stock is currently owned by institutional investors.

H&R Block News Roundup

Here are the key news stories impacting H&R Block this week:

• Positive Sentiment: Fiscal Q3 revenue rose 5.3% to about $2.4 billion, while earnings beat expectations, reinforcing that demand for tax-prep services held up well. H&R Block Reports Fiscal 2026 Third Quarter Results
• Positive Sentiment: The company raised fiscal 2026 guidance, now projecting revenue of $3.91 billion to $3.92 billion and boosting its outlook for adjusted EPS, which suggests management is seeing continued momentum into year-end. H&R Block projects $3.91B-$3.92B fiscal 2026 revenue as it raises outlook following tax season ’26
• Positive Sentiment: Management also highlighted stronger capital returns, including an incremental $100 million share repurchase authorization, which can support the stock by improving shareholder yield. H&R Block (HRB) jumps on Q3 results, raised FY2026 outlook, and stepped-up buyback plan
• Neutral Sentiment: Analysts and market commentary are focusing on valuation after the strong quarter, with the stock still trading below its 200-day average, suggesting room for continued re-rating if execution stays strong. A Look At H&R Block (HRB) Valuation After Strong Revenue And Net Income Results
• Neutral Sentiment: Coverage also noted improved growth and AI-related commentary from the earnings call, but these appear to be secondary to the core earnings beat and raised guidance. H&R Block Earnings Call Highlights Growth and AI

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.