H & R Block Inc (NYSE:HRB) announced a quarterly dividend on Thursday, November 7th, RTT News reports. Investors of record on Monday, December 9th will be given a dividend of 0.26 per share on Thursday, January 2nd. This represents a $1.04 dividend on an annualized basis and a yield of 4.14%.
H & R Block stock traded up $0.02 during trading on Thursday, reaching $25.14. The company had a trading volume of 2,393,053 shares, compared to its average volume of 2,957,698. H & R Block has a 12-month low of $22.96 and a 12-month high of $29.62. The stock’s 50 day moving average price is $23.96 and its two-hundred day moving average price is $26.33. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 11.69, a PEG ratio of 1.26 and a beta of 0.24. The company has a debt-to-equity ratio of 6.14, a quick ratio of 1.29 and a current ratio of 1.29.
H & R Block (NYSE:HRB) last released its earnings results on Wednesday, August 28th. The company reported ($0.72) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.75) by $0.03. H & R Block had a net margin of 13.71% and a return on equity of 305.29%. The firm had revenue of $150.00 million during the quarter, compared to the consensus estimate of $151.35 million. During the same period in the previous year, the firm earned ($0.72) earnings per share. H & R Block’s revenue was up 3.4% compared to the same quarter last year. As a group, research analysts expect that H & R Block will post 1.99 earnings per share for the current year.
HRB has been the subject of a number of recent analyst reports. ValuEngine upgraded shares of H & R Block from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. TheStreet downgraded shares of H & R Block from a “b” rating to a “c+” rating in a report on Wednesday, August 28th. Barrington Research lowered their target price on shares of H & R Block from $32.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, August 30th. Finally, Morgan Stanley lowered their target price on shares of H & R Block from $29.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, August 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. H & R Block currently has an average rating of “Hold” and a consensus target price of $27.00.
About H & R Block
H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions, and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, and Australia. The company offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or by franchisees.
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