How To Earn $500 A Month From H&R Block Stock Ahead Of Q3 Earnings Report
Portfolio Pulse from Avi Kapoor
H&R Block, Inc. (NYSE:HRB) is set to release its Q3 earnings after the close on May 9, with analysts expecting an increase in earnings per share from $4.2 to $4.62, and a projected revenue of $2.14 billion. The company declared a quarterly dividend of 32 cents per share, maintaining an annual dividend yield of 2.64%. Barrington Research analyst Alexander Paris has given HRB an Outperform rating with a $55 price target. The article also explains how investors can earn a regular income from HRB's dividends, requiring an investment of approximately $227,509 to earn $500 monthly.
May 09, 2024 | 12:34 pm
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H&R Block is anticipated to report increased earnings in Q3, with a dividend yield of 2.64% and an Outperform rating from Barrington Research. The company's strategy for dividend payments could attract investors looking for regular income, potentially impacting its stock positively in the short term.
The expected increase in earnings per share and the stable dividend yield suggest a positive outlook for H&R Block. Analyst support with a $55 price target further strengthens the case for potential stock appreciation. However, the actual impact will depend on the earnings report and market conditions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100