Hasbro Stock Price, News & Analysis (NASDAQ:HAS)

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hasbro in the last twelve months. There are currently 4 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" HAS shares.
View HAS analyst ratings or view top-rated stocks.

12 analysts have issued twelve-month price targets for Hasbro's shares. Their HAS share price targets range from $52.00 to $94.00. On average, they anticipate the company's share price to reach $71.69 in the next twelve months. This suggests a possible upside of 47.2% 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 2023. Since then, HAS shares have decreased by 20.2% and is now trading at $48.70.
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Hasbro saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 7,130,000 shares, a drop of 20.8% from the October 31st total of 9,000,000 shares. Based on an average daily volume of 1,900,000 shares, the days-to-cover ratio is presently 3.8 days. Approximately 5.5% of the shares of the company are sold short.
View Hasbro's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our HAS earnings forecast.

Hasbro, Inc. (NASDAQ:HAS) announced its quarterly earnings results on Thursday, October, 26th. The company reported $1.64 EPS for the quarter, hitting the consensus estimate of $1.64. The firm earned $1.50 billion during the quarter, compared to analysts' expectations of $1.62 billion. Hasbro had a positive trailing twelve-month return on equity of 18.55% and a negative net margin of 10.33%. The company's quarterly revenue was down 10.3% on a year-over-year basis. During the same period last year, the firm earned $1.42 earnings per share.
Read the conference call transcript.

Hasbro announced 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 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date is Tuesday, October 31st.
Read our dividend analysis for HAS.

Hasbro (NASDAQ:HAS) pays an annual dividend of $2.80 per share and currently has a dividend yield of 5.75%. 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.

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 updated its FY 2023 earnings guidance on Thursday, October, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.98 billion-$5.10 billion, compared to the consensus revenue estimate of $5.53 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's stock is owned by a variety of retail and institutional investors. Top institutional investors include Bank of New York Mellon Corp (2.37%), Morgan Stanley (2.31%), London Co. of Virginia (1.60%), Invesco Ltd. (1.33%), Epoch Investment Partners Inc. (1.00%) and Northern Trust Corp (0.97%). 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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