How to Buy H&R Block Stock
H&R Block Inc
H&R Block is a personal service company located in Missouri, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker HRB on the NYSE exchange.
H&R Block stock last closed at $47.93, up 0.59% from the previous day, and has increased 40.97% in one year. It has overperformed other stocks in the Personal Services industry by 0.54 percentage points. H&R Block stock is currently +66.25% from its 52-week low of $28.83, and -9.4% from its 52-week high of $52.90.
As of Apr 24, 2024, there are 139.52M shares of HRB outstanding. The market cap of HRB is $6.69B. In the last 24 hours, 908,696 HRB shares were traded.
How to Buy H&R Block Stock
Wondering how to invest in H&R Block stock? Here's how.
- Figure out where to buy H&R Block stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you decide where to buy H&R Block stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Choose your method of payment and add your details.
- Research H&R Block stock: The H&R Block ticker symbol is HRB. Is H&R Block stock a good investment? Should you buy shares of HRB? How do HRB's underlying business fundamentals look? Do top analysts think H&R Block is a good buy? Why has HRB's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if HRB is a good stock to buy).
- Make your HRB buy order: Decide if you will purchase HRB shares at the current market price or use a limit order to purchase HRB shares at a given price.
- Get the latest news on your HRB position: Create a watchlist to the latest updates on your new investment in H&R Block shares.
Step 1: Figure out where to buy H&R Block stock
You will need an online brokerage account in order to access the NYSE market and buy HRB shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of stock by signing up for an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you need to fill out some personal details so you can invest in HRB today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've filled out your info on the best stock trading app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing money into your brokerage account.
Step 4: Research H&R Block stock
Once you have selected the best place to buy H&R Block stock, it's absolutely critical to research their stock prior to investing, so you can wrap your head around the risk as well as the opportunity.
H&R Block stock quick numbers
HRB Due Diligence Checks
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on HRB's stock page.
Is HRB stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge HRB's true value.
Using relative valuations ratios:
- HRB could be undervalued based on its P/E ratio of 12.85x, relative to Personal Services industry P/E ratio of 38.38x
- HRB may be overvalued based on its PEG ratio of 1.17x
You can do more valuation research on HRB's stock here.
HRB Financials at a glance
Passed Financial Due Diligence Checks:
- HRB earnings of $805.13M is not sufficient to cover its interest payments.
- HRB's operating cash flow of $660.13M allows it to safely service it's debt of $2.68B.
- There are more short-term assets than short-term liabilities on the HRB balance sheet.
- HRB profit margin has gone up from 14.6% to 17% in the past year.
Failed Financial Due Diligence Checks:
- HRB debt to equity ratio of -4.59 is negative.
- Total HRB debt is still negative.
- There are more long-term liabilities than short-term assets on the HRB balance sheet.
Is HRB stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who give forecasts on HRB, the consensus analyst rating on HRB is a Sell
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the H&R Block stock forecast page.
HRB Momentum
HRB Performance Numbers
Last year, HRB earnings were $592.46M. Over the past five year, HRB's earnings have grown by 14.44% per year. This was faster than the Personal Services industry average of 10.45%.
Last year, HRB revenue was $3.49B. Over the last 5 year, HRB's revenue has gone up by 1.98% per year. This was slower than the Personal Services industry average of 7.54%.
Dive into HRB's earnings and revenue performance here.
Are HRB executives and large shareholders buying or selling the stock?
Over the last 12 months, executives and large shareholders at HRB have sold more shares than they have bought.
Jeffrey J. Jones Ii, President CEO of HRB, was the latest HRB insider to sell. They sold $4,228,602.02 worth of HRB stock on Feb 23, 2024.
Dig into more about who owns HRB shares here.
Can I get consistent income from HRB stock?
H&R Block pays a dividend of 2.61%, compared to the Personal Services industry's average dividend yield of 3.42%. If you owned $1,000 of HRB stock, you would have received $26.08 in the past year.
H&R Block dividend payments have consistently grown over the past decade and have remained stable.
Get more info about H&R Block dividend yield and history here.
What others are saying about HRB
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your HRB buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open button and eToro will place your order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your HRB position
Now that you own some HRB stock, you'll want to keep up with your new investment.
Start a watchlist to get notified of important updates regarding your HRB stock.
HRB Feed
How to Buy Stock in H&R Block
To reiterate, here are the 6 steps you need to take to buy H&R Block stock right now:
- Figure out where to buy H&R Block stock
- Open a brokerage account
- Deposit money your brokerage account
- Research H&R Block stock
- Make your HRB buy order
- Get the latest news on your HRB position
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in H&R Block, add HRB to your watchlist below.
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