Block (H.&R.), Inc. Stock Price, News & Analysis

H&R Block (NYSE: HRB) announces the return of 'Responsibility Island', their reality TV parody series, with a reunion episode launching March 13, 2025 on YouTube. The show, which debuted last year, follows young adults navigating adulting challenges and tax filing.

The reunion episode features original cast members Narci, TayTay, Blaze, and Zane, addressing fan questions and revealing new developments. In conjunction with the show's return, H&R Block has partnered with Tinder for a promotional campaign targeting young tax filers. The partnership includes a sweepstakes running through March 15, offering singles a chance to win $1,777 - the average single filer refund.

The initiative aims to make tax filing more approachable for young adults and first-time filers, with 87% of H&R Block's Gen Z customers filing as single. The original four-episode series from 2024 remains available for streaming on YouTube and H&R Block's website.

H&R Block (NYSE: HRB) has launched its first-ever tax-themed gaming experience within Roblox games Mega Mansion Tycoon and Club Roblox, targeting users aged 18 and older from February 28 to March 28, 2025.

The initiative features a custom H&R Block-branded universe where users can interact with 30-second content to earn exclusive avatar items. Players can engage with 'Max,' H&R Block's 'TaxCot,' in branded in-game tax offices to complete tasks and level up.

The company is specifically targeting Gen Z gamers, who now represent the largest workforce demographic, surpassing Baby Boomers. H&R Block aims to educate gamers about potential tax implications of receiving in-game currency, noting that online earnings exceeding $600 will be reported to the IRS on Form 1099-NEC.

H&R Block (NYSE: HRB) has partnered with Tinder for National Singles Awareness Day on February 15, 2025, launching a special sweepstakes offering 10 singles a chance to win $1,777 each. The initiative addresses financial disparities between single and married tax filers, as 2022 data shows single filers received average refunds of $1,777 compared to $2,620 for married couples.

The sweepstakes will run from February 15 to March 15, 2025, accessible through the Tinder app or Tinder's TikTok bio for U.S. residents aged 18+. This partnership reflects growing trends in dating preferences, with financial stability ranking as a top trait (20%) sought in potential partners, and 'finance' becoming the second most popular Tinder bio mention in 2024, up 82% from the previous year.

The collaboration follows H&R Block's 2024 'Responsibility Island' campaign, a reality TV parody targeting young adults, particularly relevant as 87% of their Gen Z customer base is single.

H&R Block (NYSE: HRB) has declared a quarterly cash dividend of $0.375 per share, scheduled for payment on April 3, 2025, to shareholders of record as of March 4, 2025. The company has maintained an impressive track record of paying quarterly dividends consistently for over 60 years since going public in 1962. Since 2016, H&R Block has demonstrated strong shareholder value creation by increasing its dividend by 88% and returning more than $4.4 billion to shareholders through a combination of dividends and share repurchases.

H&R Block (NYSE: HRB) reported fiscal 2025 second quarter results with total revenue of $179.1 million, flat compared to the prior year. The company posted a pretax loss of $312.3 million, increasing by $29.4 million from the previous year. Loss per share from continuing operations increased to $(1.79) from $(1.33).

During Q2, H&R Block repurchased 3.2 million shares for $190.5 million at an average price of $58.65 per share. The company reaffirmed its fiscal 2025 outlook, projecting revenue between $3.69 to $3.75 billion and EBITDA of $975 million to $1.02 billion. Adjusted diluted EPS is expected to range from $5.15 to $5.35, with an effective tax rate of approximately 13%.

H&R Block announces significant changes to Form 1099-K reporting requirements for tax year 2024. Payment platforms must now issue 1099-K forms to individuals receiving $5,000 or more in payments on any single platform, down from the previous threshold of $20,000 and 200 transactions. The IRS expects this change to impact approximately 20 million people over the next two years.

The new requirements particularly affect gig workers, freelancers, and casual sellers who must now track their income more carefully. While this means more complex tax filing, self-employed individuals can benefit from various business tax deductions, including expenses for materials, shipping, advertising, and platform fees.

H&R Block recommends creating separate business and personal profiles, maintaining detailed transaction records, tracking expenses, and considering professional tax assistance to ensure compliance and maximize deductions. The company offers support through Block Advisors' small business certified tax pros and their Resource Center.

H&R Block (NYSE: HRB) has announced it will release its fiscal 2025 second quarter results on Tuesday, February 4, 2025, after the New York Stock Exchange market close. The company will hold a conference call at 4:30 p.m. Eastern time on the same day to discuss the quarterly results, outlook, and provide a general business update.

The conference call will be accessible to analysts, institutional investors, and shareholders through registration. A webcast will also be available in listen-only format for media and public, with replay access available for 90 days after the call.

H&R Block (NYSE: HRB) announces key updates for the 2025 tax season, with e-file opening on January 27. The company highlights significant changes including the lowered 1099-K reporting threshold from $20,000 to $5,000, increased Child Tax Credit to $1,700, and new requirements for Clean Vehicle Tax Credits.

The company offers multiple filing options including assisted filing with 60,000 tax professionals across 9,000 offices, DIY online tools with AI Tax Assist, and downloadable software. New features include free Second Look® tax review for up to three years of prior returns, and a -time Price Match offer up to 50% off for new clients.

H&R Block's DIY options include free federal filing for simple returns, which served about 3.5 million clients in 2024. Premium services include unlimited expert help at no extra charge, with tax professionals available extended hours during tax season starting January 20.

H&R Block (NYSE: HRB) has announced the return of its Refund Advance loan program for the 2025 tax season, offering qualifying taxpayers no-interest loans of up to $4,000 between January 3 and February 28, 2025. The loans, issued by Pathward®, N.A, are available in amounts of $250, $500, $750, $1,250, or $4,000, featuring no interest and no loan fees.

Key features include same-day fund availability, no credit score impact, high approval rates, and automatic repayment from tax refunds. Approved funds can be deposited into a Spruce account or loaded onto an Emerald Card®. The program is accessible through H&R Block's 60,000 tax professionals nationwide during virtual or in-office appointments.