Hasbro (HAS) Stock Forecast, Price & News

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hasbro in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HAS shares.
View HAS analyst ratings or view top-rated stocks.

11 brokers have issued twelve-month price targets for Hasbro's shares. Their HAS share price forecasts range from $62.00 to $95.00. On average, they anticipate the company's share price to reach $79.64 in the next twelve months. This suggests a possible upside of 22.1% from the stock's current price.
View analysts price targets for HAS or view top-rated stocks among Wall Street analysts.

Hasbro's stock was trading at $61.01 at the beginning of the year. Since then, HAS stock has increased by 6.9% and is now trading at $65.23.
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Hasbro saw a increase in short interest in August. As of August 31st, there was short interest totaling 8,810,000 shares, an increase of 9.6% from the August 15th total of 8,040,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the days-to-cover ratio is presently 5.4 days. Approximately 6.8% of the shares of the stock are sold short.
View Hasbro's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 17th 2023.
View our HAS earnings forecast.

Hasbro, Inc. (NASDAQ:HAS) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.58 by $0.09. The company earned $1.21 billion during the quarter, compared to the consensus estimate of $1.11 billion. Hasbro had a negative net margin of 4.61% and a positive trailing twelve-month return on equity of 16.12%. The business's quarterly revenue was down 9.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.15 EPS.
Read the conference call transcript.

Hasbro declared a quarterly dividend on Friday, August 4th. Investors of record on Wednesday, November 1st will be given a dividend of $0.70 per share on Wednesday, November 15th. This represents a $2.80 annualized dividend and a yield of 4.29%. The ex-dividend date of this dividend is Tuesday, October 31st.
Read our dividend analysis for HAS.

ETFs with the largest weight of Hasbro (NASDAQ:HAS) stock in their portfolio include Sound Equity Dividend Income ETF (DIVY), Sound Equity Income ETF (SDEI), ALPS Sector Dividend Dogs ETF (SDOG), Morgan Dempsey Large Cap Value ETF (MDLV), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RSPD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Kovitz Core Equity ETF (EQTY) and Nuveen ESG Mid-Cap Value ETF (NUMV).

Hasbro (NASDAQ:HAS) pays an annual dividend of $2.80 per share and currently has a dividend yield of 4.20%. HAS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for HAS.

Hasbro updated its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $5.50 billion-$5.68 billion, compared to the consensus revenue estimate of $5.74 billion.

183 employees have rated Hasbro Chief Executive Officer Brian Goldner on Glassdoor.com. Brian Goldner has an approval rating of 91% among the company's employees. This puts Brian Goldner in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hasbro investors own include Walt Disney (DIS), Mattel (MAT), NVIDIA (NVDA), Intel (INTC), Johnson & Johnson (JNJ), Starbucks (SBUX), Boeing (BA), QUALCOMM (QCOM), Alibaba Group (BABA) and PayPal (PYPL).

Hasbro trades on the NASDAQ under the ticker symbol "HAS."

Hasbro's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.67%), Capital Research Global Investors (7.14%), State Street Corp (5.08%), Marshall Wace LLP (2.77%), Geode Capital Management LLC (2.14%) and Cooke & Bieler LP (2.02%). Insiders that own company stock include Alan G Hassenfeld, Brian Goldner, Christian P Cocks, Deborah Thomas, Eric Nyman, John Frascotti, Michael Raymond Burns, Tarrant L Sibley and Thomas J Jr Courtney.
View institutional ownership trends.

Shares of HAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HAS stock can currently be purchased for approximately $65.23.

Hasbro (NASDAQ:HAS) has a market capitalization of $9.05 billion and generates $5.86 billion in revenue each year. The company earns $203.50 million in net income (profit) each year or ($1.85) on an earnings per share basis.

The company employs 6,490 workers across the globe.

Hasbro's mailing address is 1027 NEWPORT AVE P O BOX 1059, PAWTUCKET RI, 02862. The official website for the company is www.hasbro.com. The company can be reached via phone at (401) 431-8697, via email at hasbro_investor_relations@hasbro.com, or via fax at 401-727-5544.