|Bid||25.62 x 900|
|Ask||25.63 x 3200|
|Day's Range||25.00 - 25.75|
|52 Week Range||22.45 - 29.81|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||9.43|
|Earnings Date||Mar 4, 2019 - Mar 8, 2019|
|Forward Dividend & Yield||1.00 (3.96%)|
|1y Target Est||26.43|
Tax filing software makes a taxpayer's IRS filing experience easier to manage, while hunting down every dime's worth of tax breaks and deductions so consumers can keep more cash in their pocket, and less in Uncle Sam's. Which online tax software works best for you? If so, you can prepare and file your taxes using the IRS' free tax filing program (called IRS FreeFile) which is available to taxpayers who qualify.
# H & R Block Inc ### NYSE:HRB View full report here! ## Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and increasing * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Negative Short interest is moderately high for HRB with between 10 and 15% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on December 27. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $2.16 billion over the last one-month into ETFs that hold HRB are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap | Positive The current level displays a positive indicator. HRB credit default swap spreads are decreasing and near the lowest level of the last one year, which indicates improvement in the market's perception of the company's credit worthiness. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
H&R Block (HRB) is poised to benefit from growth in tax industry and ongoing investments. However, anticipated escalation in costs is a concern.
When it comes to the tax-return season, the biggest question is: where's my refund? The amount is often fairly sizeable and many people rely on it (last year the average refund was $2,899). Keep in mind that today you can submit your tax return, but the Internal Revenue Service (IRS) will not process it until Jan. 28. If you take the Earned Income Tax Credit (EITC), then this date will likely be mid-February (consider that the date has not been set). Assuming you use an electronic filing, you may have to wait anywhere from two to three weeks to receive your tax refund. Yet there could be delays, such as if the return is incomplete, has errors, or has been impacted by identity theft or fraud. InvestorPlace - Stock Market News, Stock Advice & Trading Tips So what if you file a paper return? Well, in this case, it could take six to eight weeks to get your tax refund. Now the IRS actually makes it easy to track the status of your refund. The agency has something called "Where's My Refund?" There is even a mobile app for Apple's (NASDAQ:AAPL) iOS, Alphabet's (NASDAQ:GOOGL, NASDAQ:GOOG) Android and Amazon.com's (NASDAQ:AMZN) Kindle. To see the status of your tax refund, you'll need to provide your Social Security number, filing status and the exact amount on your tax return. * The 7 Best Stocks in the Entrepreneur Index If the app indicates "refund sent," you may still need to wait up to a week to get the payment deposited. This is because of the processing of your bank. Or, if you requested a paper check, you may have to wait another couple weeks. ### The Shutdown Regarding government shutdowns, the policy has been to not send out tax refunds. The reason is that these kinds of disbursements are not critical for life or preserving federal property. But this week the White House Office of Management and Budget (OMB) announced that the policy will not be followed. And yes, it's understandable why. Because of the large amounts involved, there could be an adverse impact on the economy. However, you should still be skeptical. It is far from clear how the logistics will work out. According to the OMB: "The IRS will be recalling a significant portion of its workforce, currently furloughed as part of the government shutdown, to work. Additional details for the IRS filing season will be included in an updated FY2019 Lapsed Appropriations Contingency Plan to be released publicly in the coming days." In other words, the details are very sketchy. Besides, it seems like morale will be low, given that these employees will not be getting a paycheck. The new tax law may mean further complications -- which could lead to delays. To put things into perspective, for the week ended Feb. 2 during the 2018 tax season, the IRS received a whopping 18.3 million tax returns. ### Some Options With Your Tax Refund There is a way to get your refund quicker -- that is, to get a so-called refund advance, which often has zero interest. And yes, the major tax prep operators have their own programs like H&R Block (NYSE:HRB), Intuit's (NASDAQ:INTC) TurboTax, Jackson Hewitt and Liberty Tax. But there are some hitches. For example, you are required to purchase the tax services or preparation software of the company. Next, there are often fees for a debit card that your advance will be deposited in. There may even be finance charges if the amount exceeds a certain level. What's more, if the refund winds up being less then the loan, you could be on the hook for the difference. In other words, it's a good idea to read the fine print. Although, for the most part, a refund advance can be a good option. Tom Taulli is an Enrolled Agent and also operates PathwayTax.com, which is a tax advisory and preparation firm. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post IRS Tax Refund 2019: So, Whereas My Tax Refund? appeared first on InvestorPlace.
Close to half of online tax filers watch TV while they work on their taxes, and more than a quarter browse social media, a new survey shows. Ever wonder how people deal with often-loathed tax preparations on their own? Among do-it-yourselfers who use online tax-preparation software, about half say they watch TV, and more than a quarter say they browse social media while working on their return, according to a survey released Thursday by H&R Block HRB .
JCPenney JCP shares rose as much as 8 percent after hours as the company announced its same-store comparable sales decreased 3.5 percent during the holidays. The U.S. government has said it will still distribute federal income tax refunds despite the government shutdown. The government has been shut down since December 22 as President Donald Trump and Congress engage in a standoff over funding for a wall along the U.S.-Mexico border.
Shares of tax preparation companies edged higher in midday trade Tuesday, despite the Internal Revenue Service's announcement that it would pay refunds as scheduled during the partial government shutdown. H&R Block Inc.'s stock tacked on 0.1% and TurboTax parent Intuit Inc. shares gained 0.7%. The IRS confirmed late Monday that it will start processing tax returns on Jan. 28 and provide refunds as scheduled. BMO Capital analyst Jeffrey Silber said that is a relatively late start to tax season compared with prior years, it is one day earlier than last year's start. Silber said this was good news for H&R's Block shares, "as fears of delays due to the partial government shutdown and changes under the Tax Cuts and Jobs Act (TCJA) appear to be unwarranted." He said the tax season's start date could pull some expected fiscal fourth-quarter revenue that ends April quarter into the third-quarter ending January. H&R Block's stock has rallied 5.8% since the government shut down, while the S&P 500 has advanced 5.9%.
It’s tax season year-round for H&R Block (HRB), but January is when some consumers will start to receive their tax documents and many start preparing their tax returns. With more than 10,000 tax offices filled with tax pros ready to help clients in person and teams of tax pros at the ready to help online clients, H&R Block is ready to help consumers prepare their taxes any way they want, even during the partial government shutdown. “Whether you want to sit with your tax pro and see the tax prep process on your own monitor, or you want to prepare your return yourself, with or without help from a tax pro, we’ve got your back,” said Vinoo Vijay, chief marketing officer at H&R Block.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on December 27. Please send all inquiries related to the report to email@example.com.
As 2018 comes to a close and the window for correcting paycheck withholding errors narrows, an H&R Block (HRB) survey shows why so many failed to update their withholding: they don’t know how. Only 46 percent of respondents said they felt prepared to update their W-4 on their own and many showed confusion over what information a W-4 uses, when and where to submit a W-4 and how allowances increase or decrease withholding. Consumers can get help updating their W-4 before the end of the year by visiting an H&R Block office for a free tax reform checkup, which includes W-4 planning, or early next year when they file their taxes with H&R Block.
At Insider Monkey we follow around 700 of the best-performing investors and even though many of them lost money in the last couple of months (70% of hedge funds lost money in October whereas S&P 500 ETF lost about 7%), the history teaches us that over the long-run they still manage to beat the market, […]
As part of National Identity Theft Prevention and Awareness Month, H&R Block (HRB) encourages consumers to guard their tax identity. Three ways they can do this include protecting their personal information, being aware of phishing and other scams, and filing their tax returns early in the season with a reputable preparer. Additionally, eligible H&R Block clients can purchase Tax Identity Shield®.
The project, dubbed "Strata," would be developed by a partnership among developer Copaken Brooks, Ron Jury and H&R Block.
H&R Block, Inc. (HRB)—the industry leader in tax return preparation —continues to transform its approach to offer a better tax experience for consumers. The brand has launched a new advertising campaign that reinforces the company’s transformation strategy, which focuses on a more modern, innovative and consumer-focused experience. The company’s new advertising campaign demonstrates the benefits of working with H&R Block to remove the stress and uncertainty that often accompany tax preparation.
According to an H&R Block (HRB) survey of 2,000 taxpayers, almost two-thirds (63 percent) believe their tax situation will change in 2019 because of tax reform. Seventy-one percent of taxpayers surveyed who prepare their own tax returns have mentally prepared themselves for the possibility their refund will be smaller due to tax reform and 1 in 4 (26 percent) would blame themselves if their refund was smaller than expected. “When using H&R Block DIY Online products, do-it-yourself taxpayers can ease their concerns and customize their experience by accessing knowledgeable experts whether they want to look for answers in the help center, chat with a tax expert or have their return reviewed, signed and filed by a tax expert,” said Heather Watts, senior vice president and general manager of digital at H&R Block.
Starting Jan. 4, consumers can apply at H&R Block (HRB) for a Refund Advance Loan* of up to $3,000. The Refund Advance, a no-interest loan from Axos Bank™, offered Jan. 4 to Feb. 28 at participating offices, is repaid from the client’s federal or state income tax refunds. “At H&R Block, we believe you shouldn’t need to wait, or pay loan fees or interest, to get access to money faster than your tax refund will arrive. That’s why with the Refund Advance available at H&R Block, you could get money the day you file,” said Vinoo Vijay, chief marketing officer at H&R Block.
SUNNYVALE, Calif., Dec. 06, 2018 -- eGain (NASDAQ: EGAN), the leading provider of cloud-based customer engagement solutions, today announced that tax preparation giant H&R.
H&R Block (HRB) is well positioned to gain from the opportunities offered by growing tax industry in both assisted and DIY channels.
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of H&R Block Inc (NYSE:HRB) as an investment opportunity by estimating the Read More...
In a recent H&R Block (HRB) survey, Americans who prepare their own tax returns reflected varying emotions and levels of knowledge about how tax reform will impact them this year. While 36 percent are hopeful about tax reform changes, the remaining 64 percent have a range of feelings, including joy, anger, trust and fear. Regardless of how they feel about their possible tax outcomes, filers can feel confident they’re getting it right with H&R Block DIY Online products and the mobile tax prep app, live now at hrblock.com and in the Apple and Google Play stores.
H&R Block (HRB) delivered earnings and revenue surprises of 9.78% and 7.57%, respectively, for the quarter ended October 2018. Do the numbers hold clues to what lies ahead for the stock?