H&R Block (NYSE:HRB) Issues FY 2025 Earnings Guidance

H&R Block (NYSE:HRB) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 5.150-5.350 for the period, compared to the consensus EPS estimate of 5.260. The company issued revenue guidance of $3.7 billion-$3.8 billion, compared to the consensus revenue estimate of $3.7 billion. H&R Block also updated its FY25 guidance to $5.15-5.35 EPS.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on HRB shares. StockNews.com cut shares of H&R Block from a “buy” rating to a “hold” rating in a research note on Friday, August 16th. The Goldman Sachs Group boosted their price objective on H&R Block from $39.00 to $44.00 and gave the company a “sell” rating in a research report on Friday, August 16th. Finally, Barrington Research reiterated an “outperform” rating and set a $70.00 price target on shares of H&R Block in a research note on Monday, October 28th.

H&R Block Price Performance

NYSE:HRB traded up $0.87 during mid-day trading on Thursday, hitting $63.39. The company’s stock had a trading volume of 1,648,811 shares, compared to its average volume of 1,127,062. H&R Block has a fifty-two week low of $39.20 and a fifty-two week high of $68.45. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 16.46. The company has a market capitalization of $8.77 billion, a price-to-earnings ratio of 15.02, a P/E/G ratio of 0.92 and a beta of 0.67. The stock has a fifty day moving average of $62.18 and a 200-day moving average of $56.78.

H&R Block (NYSE:HRB) last posted its quarterly earnings results on Thursday, August 15th. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.15. H&R Block had a net margin of 16.49% and a negative return on equity of 220.05%. The firm had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.03 billion. During the same quarter in the prior year, the business posted $2.05 earnings per share. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. As a group, equities analysts forecast that H&R Block will post 5.22 EPS for the current fiscal year.

H&R Block Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 6th. Shareholders 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 yield of 2.37%. H&R Block’s dividend payout ratio is 35.55%.

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

Insider Activity

In other news, CFO Tony G. Bowen sold 79,259 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $65.17, for a total transaction of $5,165,309.03. Following the sale, the chief financial officer now directly owns 90,095 shares of the company’s stock, valued at $5,871,491.15. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other H&R Block news, CFO Tony G. Bowen sold 79,259 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $65.17, for a total value of $5,165,309.03. Following the transaction, the chief financial officer now directly owns 90,095 shares of the company’s stock, valued at approximately $5,871,491.15. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Dara S. Redler sold 9,100 shares of the firm’s stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $64.10, for a total transaction of $583,310.00. Following the completion of the transaction, the insider now directly owns 22,066 shares in the company, valued at approximately $1,414,430.60. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 115,927 shares of company stock valued at $7,517,056 over the last three months. 1.30% of the stock is owned by insiders.

About H&R Block

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.