H&R Block (NYSE:HRB) Announces Earnings Results

H&R Block (NYSE:HRB) released its quarterly earnings data on Tuesday. The company reported ($1.73) earnings per share (EPS) for the quarter, missing the consensus estimate 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 Price Performance

H&R Block stock traded down $1.33 on Tuesday, reaching $54.43. The company’s stock had a trading volume of 1,494,990 shares, compared to its average volume of 1,145,495. H&R Block has a twelve month low of $42.28 and a twelve month high of $68.45. The company has a market cap of $7.46 billion, a price-to-earnings ratio of 13.28, a PEG ratio of 0.84 and a beta of 0.69. The company has a debt-to-equity ratio of 16.46, a quick ratio of 0.77 and a current ratio of 0.77. The business’s fifty day moving average price is $55.17 and its 200 day moving average price is $58.78.

H&R Block Announces Dividend

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

Analyst Upgrades and Downgrades

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

About H&R Block

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.