Hasbro (HAS) Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hasbro in the last twelve months. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HAS shares.
View HAS analyst ratings or view top-rated stocks.

12 brokerages have issued 12 month target prices for Hasbro's stock. Their HAS share price forecasts range from $62.00 to $95.00. On average, they predict the company's share price to reach $76.00 in the next twelve months. This suggests a possible upside of 25.7% 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 start of the year. Since then, HAS stock has decreased by 0.9% and is now trading at $60.44.
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Hasbro saw a drop in short interest in May. As of May 15th, there was short interest totaling 8,530,000 shares, a drop of 13.6% from the April 30th total of 9,870,000 shares. Based on an average daily volume of 1,930,000 shares, the short-interest ratio is currently 4.4 days. Approximately 6.7% of the company's stock are short sold.
View Hasbro's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023.
View our HAS earnings forecast.

Hasbro, Inc. (NASDAQ:HAS) released its quarterly earnings data on Thursday, April, 27th. The company reported $0.01 EPS for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The firm had revenue of $1,000 million for the quarter, compared to analysts' expectations of $883.06 million. Hasbro had a trailing twelve-month return on equity of 18.56% and a net margin of 2.11%. Hasbro's revenue for the quarter was down 14.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.57 earnings per share.
Read the conference call transcript.

Hasbro declared a quarterly dividend on Thursday, May 18th. Stockholders of record on Tuesday, August 1st will be paid a dividend of $0.70 per share on Tuesday, August 15th. This represents a $2.80 dividend on an annualized basis and a yield of 4.63%. The ex-dividend date is Monday, July 31st.
Read our dividend analysis for HAS.

ETFs with the largest weight of Hasbro (NASDAQ:HAS) stock in their portfolio include ALPS Sector Dividend Dogs ETF (SDOG), Invesco S&P 500 High Dividend Low Volatility ETF (SPHD), Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), Sound Equity Income ETF (SDEI), Kovitz Core Equity ETF (EQTY), Nuveen ESG Mid-Cap Value ETF (NUMV), SPDR Portfolio S&P 500 High Dividend ETF (SPYD) and Global X S&P 500 Quality Dividend ETF (QDIV).

Hasbro (NASDAQ:HAS) pays an annual dividend of $2.80 per share and currently has a dividend yield of 4.66%. HAS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 18 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 325.59%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HAS will have a dividend payout ratio of 56.57% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAS.

Hasbro updated its FY23 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of $4.45-$4.55 for the period, compared to the consensus estimate of $4.38.

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 variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.66%), State Street Corp (4.97%), Cooke & Bieler LP (2.05%), Geode Capital Management LLC (2.03%), London Co. of Virginia (1.67%) and AQR Capital Management LLC (1.37%). Insiders that own company stock include Alan G Hassenfeld, Brian Goldner, Christian P Cocks, Deborah Thomas, Eric Nyman, John Frascotti, Linda Kay Zecher, 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 $60.44.

Hasbro (NASDAQ:HAS) has a market capitalization of $8.38 billion and generates $5.86 billion in revenue each year. The company earns $203.50 million in net income (profit) each year or $0.86 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.