H&R Block (NYSE:HRB) Posts Quarterly Earnings Results, Misses Expectations By $0.14 EPS

H&R Block (NYSE:HRB) posted its quarterly earnings data on Tuesday. The company reported ($1.73) EPS for the quarter, missing analysts’ consensus estimates of ($1.59) by ($0.14), Zacks reports. H&R Block had a negative return on equity of 212.45% and a net margin of 16.19%.

H&R Block Stock Performance

Shares of NYSE HRB traded down $1.33 during mid-day trading on Tuesday, hitting $54.43. The company had a trading volume of 1,494,990 shares, compared to its average volume of 1,145,495. H&R Block has a 12 month low of $42.28 and a 12 month high of $68.45. The company has a debt-to-equity ratio of 16.46, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market cap of $7.46 billion, a P/E ratio of 13.28, a PEG ratio of 0.84 and a beta of 0.69. The business’s 50-day simple moving average is $55.17 and its 200-day simple moving average is $58.78.

H&R Block Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 6th. Stockholders of record on Thursday, December 5th were given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 2.76%. The ex-dividend date of this dividend was Thursday, December 5th. H&R Block’s dividend payout ratio is currently 36.59%.

Analysts Set New Price Targets

Separately, Barrington Research reaffirmed an “outperform” rating and issued a $70.00 price target on shares of H&R Block in a research report on Monday, January 27th.

H&R Block Company Profile

H&R Block, Inc engages in the provision of tax return preparation solutions, financial products and small business solutions. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955, and is headquartered in Kansas City, MO.