Q3 EPS Forecast for JAKKS Pacific Decreased by Analyst

Key Points

• Zacks Research lowered its Q3 2028 EPS forecast for JAKKS Pacific to $2.70 from $2.71 and maintains a “Strong Sell” rating. The consensus full-year EPS estimate is $1.38.
• JAKKS Pacific’s latest quarterly results exceeded expectations, with EPS of $0.25 versus the $0.06 loss analysts expected and revenue of $139.24 million compared with the $123.01 million consensus estimate.
• The stock opened at $25.50, near its 52-week high of $27.22, while institutional investors own 44.38% of shares. The company also pays a quarterly dividend of $0.25, equal to a 3.9% annualized yield.

JAKKS Pacific, Inc. (NASDAQ:JAKK - Free Report) - Stock analysts at Zacks Research reduced their Q3 2028 earnings per share (EPS) estimates for JAKKS Pacific in a report issued on Wednesday, September 23rd. Zacks Research analyst Team now anticipates that the company will post earnings of $2.70 per share for the quarter, down from their prior forecast of $2.71. Zacks Research currently has a "Strong Sell" rating on the stock. The consensus estimate for JAKKS Pacific's current full-year earnings is $1.38 per share.

JAKKS Pacific (NASDAQ:JAKK - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The company reported $0.25 earnings per share for the quarter, beating analysts' consensus estimates of ($0.06) by $0.31. The business had revenue of $139.24 million for the quarter, compared to the consensus estimate of $123.01 million. JAKKS Pacific had a return on equity of 4.33% and a net margin of 2.77%.

JAKK has been the subject of several other research reports. Wall Street Zen upgraded JAKKS Pacific from a "buy" rating to a "strong-buy" rating in a research note on Sunday, August 23rd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of JAKKS Pacific in a research report on Friday, September 11th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Reduce".

JAKKS Pacific Price Performance

JAKK stock opened at $25.50 on Friday. The company has a 50-day moving average of $25.15 and a two-hundred day moving average of $23.12. The stock has a market capitalization of $291.72 million, a price-to-earnings ratio of 18.35 and a beta of 1.32. JAKKS Pacific has a 52-week low of $14.86 and a 52-week high of $27.22.

Institutional Investors Weigh In On JAKKS Pacific

A number of institutional investors have recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. acquired a new position in JAKKS Pacific in the 2nd quarter valued at approximately $4,784,000. Bank of New York Mellon Corp bought a new stake in shares of JAKKS Pacific during the second quarter valued at approximately $988,000. Bank of America Corp DE increased its position in shares of JAKKS Pacific by 1.3% during the first quarter. Bank of America Corp DE now owns 37,962 shares of the company's stock valued at $756,000 after purchasing an additional 494 shares during the period. Royal Bank of Canada raised its stake in shares of JAKKS Pacific by 543.6% in the first quarter. Royal Bank of Canada now owns 2,066 shares of the company's stock valued at $41,000 after purchasing an additional 1,745 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of JAKKS Pacific by 9.5% in the first quarter. Empowered Funds LLC now owns 64,318 shares of the company's stock valued at $1,281,000 after purchasing an additional 5,577 shares in the last quarter. 44.38% of the stock is owned by institutional investors and hedge funds.

JAKKS Pacific Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Friday, August 28th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.9%. The ex-dividend date was Friday, August 28th. JAKKS Pacific's dividend payout ratio (DPR) is presently 71.94%.

About JAKKS Pacific

JAKKS Pacific, Inc is a toy and consumer products company that designs, develops, produces and markets toys and related products for children and families. Its portfolio includes action figures, dolls, role-play products, vehicles, games, electronics, outdoor products and seasonal merchandise.

The company develops products under its own brands and through licenses based on entertainment, character and video game properties. Its portfolio has included brands such as Maui, Airwalk and Disguise, along with licensed products associated with properties from companies including Disney and Nintendo.

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