Why H&R Block Stock Jumped This Week
H&R Block (HRB) surged more than 16% this week after reporting fiscal 2026 results that beat expectations and announcing aggressive capital returns. Revenue climbed 4.9% to $3.95 billion, while adjusted net income rose 6.9% to $688 million.
The tax-prep giant repurchased nearly 8% of its outstanding shares during the fiscal year and lifted its quarterly dividend 10% to $0.46 per share, the ninth consecutive annual dividend increase. The combination of buybacks and dividend growth signals confidence in sustained cash generation.
Management guided fiscal 2027 revenue above $4.1 billion and adjusted earnings per share between $6.04 and $6.24. The midpoint of that EPS range implies roughly 9% growth over fiscal 2026 adjusted earnings.
The stock's double-digit move reflects investor enthusiasm for the combination of top-line growth, margin expansion, and shareholder-friendly capital allocation. HRB has delivered consistent dividend growth even as it aggressively retired shares, reducing the float and amplifying per-share metrics.