Hasbro Stock Gets Stronger EPS Forecast from Zacks Research

Key Points

• Zacks Research raised its FY2026 EPS forecast for Hasbro to $7.17 from $6.11 and maintained a Strong Buy rating; the new estimate is above the $6.85 consensus.
• Hasbro reported quarterly EPS of $2.90, beating the $1.86 consensus, while revenue of $1.60 billion topped estimates and rose 15% year over year.
• Analysts’ consensus rating is Moderate Buy, with an average price target of $114.93; Hasbro also declared a quarterly dividend of $0.70 per share, equal to a 2.3% yield.

Hasbro, Inc. (NASDAQ:HAS - Free Report) - Equities researchers at Zacks Research increased their FY2026 earnings estimates for Hasbro in a research note issued to investors on Tuesday, November 10th. Zacks Research analyst Team now expects that the company will earn $7.17 per share for the year, up from their previous estimate of $6.11. Zacks Research currently has a "Strong-Buy" rating on the stock. The consensus estimate for Hasbro's current full-year earnings is $6.85 per share. Zacks Research also issued estimates for Hasbro's Q4 2027 earnings at $2.00 EPS.

Hasbro (NASDAQ:HAS - Get Free Report) last announced its earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $1.04. Hasbro had a net margin of 18.44% and a return on equity of 140.60%. The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.48 billion. During the same period in the previous year, the business posted $1.68 earnings per share. Hasbro's revenue for the quarter was up 15.0% on a year-over-year basis.

HAS has been the subject of a number of other reports. The Goldman Sachs Group dropped their price objective on shares of Hasbro from $117.00 to $115.00 and set a "buy" rating for the company in a report on Monday, September 21st. UBS Group increased their target price on Hasbro from $120.00 to $137.00 and gave the company a "buy" rating in a research note on Wednesday, October 28th. Bank of America reduced their target price on Hasbro from $115.00 to $105.00 and set a "buy" rating on the stock in a research note on Thursday, July 16th. Argus raised their price target on Hasbro from $90.00 to $105.00 and gave the company a "buy" rating in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group dropped their price target on Hasbro from $120.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Hasbro presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.93.

Hasbro Price Performance

Shares of NASDAQ:HAS opened at $124.02 on Thursday. The company's fifty day moving average price is $100.49 and its 200-day moving average price is $93.70. The firm has a market capitalization of $17.35 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 1.54 and a beta of 0.36. Hasbro has a one year low of $74.78 and a one year high of $124.62. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.24.

Hasbro Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Wednesday, November 18th. Hasbro's payout ratio is presently 41.85%.

Insider Buying and Selling

In other news, insider Holly Barbacovi sold 5,057 shares of the company's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $94.20, for a total value of $476,369.40. Following the completion of the sale, the insider owned 37,486 shares of the company's stock, valued at approximately $3,531,181.20. This represents a 11.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Gina Goetter sold 7,262 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $118.99, for a total transaction of $864,105.38. Following the transaction, the chief financial officer directly owned 72,577 shares in the company, valued at approximately $8,635,937.23. This represents a 9.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.71% of the company's stock.

Institutional Trading of Hasbro

Several institutional investors have recently added to or reduced their stakes in HAS. BlackRock Inc. bought a new stake in shares of Hasbro in the 2nd quarter valued at about $2,204,689,000. Bank of America Corp DE bought a new position in Hasbro during the 2nd quarter worth approximately $289,258,000. Amundi grew its position in Hasbro by 21.1% during the 1st quarter. Amundi now owns 1,699,565 shares of the company's stock worth $159,079,000 after acquiring an additional 296,277 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in Hasbro in the 2nd quarter worth approximately $130,731,000. Finally, Epoch Investment Partners Inc. increased its stake in Hasbro by 1.0% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company's stock worth $109,894,000 after purchasing an additional 12,182 shares during the period. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Hasbro

Investors following HAS have been watching these headlines:

• Positive Sentiment: Zacks Research raised its estimates across several upcoming quarters and lifted its FY2027 and FY2028 EPS forecasts to $6.91 and $7.63, respectively, while maintaining a Strong Buy rating. It also added HAS to its top-ranked growth stocks list, reinforcing the bullish analyst outlook. Hasbro analyst estimates Zacks growth stocks list
• Positive Sentiment: Hasbro is bringing the “Heated Rivalry” franchise to Monopoly, with preorders open for a themed edition. The tie-in could broaden the game’s appeal, though its financial contribution is not yet clear. Heated Rivalry Monopoly preorder story
• Neutral Sentiment: Hasbro’s shares gained 28.6% over the past month, outpacing the toys-and-games industry’s 18.5% advance. That momentum can support investor interest, but the rapid rise may also prompt some investors to lock in gains. Zacks article on Hasbro’s rally

Hasbro Company Profile

Hasbro, Inc. is a global play and entertainment company that develops and sells toys, games and digital experiences, and licenses its brands for consumer products and entertainment. Its portfolio includes Transformers, Play-Doh, Nerf, Monopoly, My Little Pony, Magic: The Gathering and Dungeons & Dragons. Founded in 1923 as Hassenfeld Brothers, the company began as a family business before expanding into toys and games. Hasbro serves consumers in markets around the world through its products, licensing partnerships and digital offerings.

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