|Bid||26.98 x 4000|
|Ask||26.98 x 4000|
|Day's Range||26.51 - 27.01|
|52 Week Range||22.45 - 29.81|
|Beta (3Y Monthly)||0.18|
|PE Ratio (TTM)||8.18|
|Earnings Date||Jun 10, 2019 - Jun 14, 2019|
|Forward Dividend & Yield||1.00 (4.18%)|
|1y Target Est||25.71|
As many Americans scramble to file their taxes by Monday’s deadline, Sen. Elizabeth Warren and other Democratic lawmakers are backing a bill that they say would make the process easier.
You know it's tax season when H&R Block (NYSE:HRB) releases data about taxes: information like how much we've paid, and how big a refund we got. Tax season is H&R Block's Super Bowl. The problem is that the company has a Super Bowl every year and yet it's failed to do what's necessary to move HRB stock higher.Source: Mike Mozart via FlickrIs this year different? Is there anything in the company's playbook that is a catalyst for growth, something that investors can sink their teeth?I highly doubt it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Lousy HRB Stock PerformanceIf you invested $10,000 in HRB stock in April 2014, you would have a profit before tax of somewhere around $700. If you invested $10,000 in Intuit (NASDAQ:INTU) over the same period, your profit would be more than $26,000. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? That's a staggering comparison.The last time I wrote about H&R Block stock was 2012. Back then, HRB was growing its digital business and threatening to put the fear of God in its online competitor. The company was in a transition. Its stock was trading, adjusted for dividends, around $11.83. Today, it's over $25.I suggested that the core business was stronger than most investors realized and were undervaluing its strong brand.Let's fast forward to the present and take a look at its current business. One More Quarter to GoH&R Block doesn't report its fourth-quarter earnings until June 10. That includes February, March and April -- the critical months leading up to the April 15 tax deadline.So, I'll make do with the Q3 2019 results.The company's biggest revenue generator is its U.S. assisted tax preparation. That brought in $329.6 million through the nine months of the fiscal year, 1.3% less than a year earlier. Overall, H&R Block's revenue fell 0.6% through nine months, to $762.4 million.It has ten revenue streams including the assisted tax preparation. One positive is the revenue growth from Tax Identity Shield, a service that protects you from tax-related identity fraud. It's up 141% year-over-year. Unfortunately, it only accounts for 2.3% of the company's overall revenue.The company's U.S. DIY tax preparation, which competes with Intuit, had $37.7 million in revenue through the third quarter. This was 3% lower than a year earlier. Representing less than 5% of H&R Block's overall revenue, the DIY segment will take 100 years to make a meaningful contribution to the company's top line.However, it's important to note that a majority of its revenue and profits comes in Q4. So how much progress has it made since 2012?During that year, H&R Block prepared 7.4 million digital tax returns. In fiscal 2018, it prepared 7.5 million digital tax returns. This was slightly better than 2012's tally, but 7.8% higher than 2017 results.In other words, it's holding its own, if not growing. The Bottom Line on HRB StockThe good news if you're an HRB shareholder is that the company has paid quarterly dividends since the day it went public in 1962. Currently paying $1 in dividends on an annualized basis, it yields a robust 3.9%.My InvestorPlace colleague Josh Enomoto likes this service stock because it's something we all need to do once a year. Given a move toward more independent contractors, the demand for tax help is likely going to increase.I don't disagree with that.However, the fintech movement continuously develops exciting apps that nibble away at the company's once-dominant position in the tax industry.HRB has done an excellent job pushing more to the bottom line. In FY 2018, the company generated $2.91 a share from $3.2 billion in revenue. That compares favorably from a decade ago, when H&R Block managed only $1.45 a share from $4.1 billion in sales. Still, it just doesn't seem to have any catalysts to deliver consistent, double-digit sales growth.And herein lies the problem.Equity investing is not just about the dividend. You also need some capital appreciation to meet your total return target each year. On that front, HRB stock has been woefully inadequate.If you're an income investor and believe the security of the business and dividend is worth it, I don't see a problem owning its stock.Just don't expect to get rich off it. That's not happening until management finds a growth engine.At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post April 15 Is H&R Blockas Super Bowl, But Is HRB Stock a Buy? appeared first on InvestorPlace.
A new report from the American Legislative Exchange Council ranks some of United States' high-tax states at the bottom when it comes to economic outlook.
On this week's segment we call “Family First” for YFi PM, we round-up taxes, cheap airfare, and a new warning for parents.
Shares of Boeing BA ticked higher in extended trading Thursday on news that the aircraft-maker completed 96 flights testing performance of the 737 Max with updated software. The company is working to fix the aircraft's MCAS flight control software and improve pilot training, according to Boeing CEO Dennis Muilenburg. Shares of H&R Block HRB dipped as much as 2% after hours Thursday after the company released data that showed overall tax liability is down almost 25% on average under the first year of tax reform.
The 2019 tax season has proved to be more complicated and confusing than previous years, thanks in large part to the implementation of changes from the Tax Cuts and Jobs Act. Luckily, a team of CPAs has been on hand to answer your questions.
H&R Block (HRB) data through March 31, 2019 shows the size of its clients’ tax refunds is up 1.4 percent under the first year of tax reform and new withholding tables, while overall tax liability is down 24.9 percent on average. This gap in outcomes has contributed to a confusing tax experience for anyone seeking to understand how the largest change to the tax code in 30 years, the Tax Cuts and Jobs Act (TCJA), impacts them.
Our tax experts are answering Yahoo Finance viewer questions as we hit the homestretch of tax season. Sheila Brandenberg, a New York-based CPA, has some answers for filers who find a lot of the process confusing.
Thanks to pressure from tax preparation industry, Congress is getting ready toban the Internal Revenue Service from ever building a free electronic taxfiling system
With just one week left until the April 15 tax filing deadline, time is running out for people to file their tax returns. During extended hours, H&R Block tax offices across the nation will be open to give people face-to-face help from a tax professional outside of the usual hours and will be open until the last client is served on April 15. H&R Block online filing and desktop tax software products are available 24/7 for people who want to prepare their own taxes day or night.
H&R Block (HRB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! There is a lot to be liked about H&R Block, Inc. (NYSE:HRB) as an income stock. It has paid dividends over th...
Why would you need a tax extension? Filing a tax extension not only buys you more time to complete your tax returns, it enables you to avoid any late-filing or late-payment IRS penalties. Under federal law, even if you file for a tax extension, you still have to estimate the money you'll owe, and forward it to the IRS on or before April 15, 2019.
Our tax experts are answering Yahoo Finance viewer questions as we hit the homestretch of tax season. A lot of those questions have to do with the delicate dance of taxes and retirement investing.
Through the deadline, H&R Block (HRB) online filing options continue to provide consumers a smooth, DIY tax experience at a great value. H&R Block recommends taxpayers get their paperwork organized and start their return as soon possible to get the best possible outcome. “With time running out, taxpayers who haven’t filed their 2018 tax return need to get started now so they can make the April 15 deadline,” said Heather Watts, senior vice president and general manager of digital at H&R Block.
Jeff Jones says he came up with the idea for the ad campaign, "Know the Price Before You Begin", after talking to H&R Block customers.
Residents of some states might feel the pain of tax season more than others. Wallethub is out with a study ranking the best and the worst states for taxpayers, using metrics including income, sales, property, and vehicle taxes. Yahoo Finance’s Melody Hahm, Heidi Chung, and Kristin Myers discuss how where you live could affect how much you owe.