Hasbro - HAS Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hasbro in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HAS, but not buy additional shares or sell existing shares.
View HAS analyst ratings or view top-rated stocks.

11 brokerages have issued 12-month price objectives for Hasbro's stock. Their HAS share price forecasts range from $42.00 to $105.00. On average, they expect the company's stock price to reach $82.09 in the next year. This suggests a possible upside of 40.1% 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 on January 1st, 2023. Since then, HAS shares have decreased by 3.9% and is now trading at $58.61.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our HAS earnings forecast.

Hasbro, Inc. (NASDAQ:HAS) posted its quarterly earnings results on Tuesday, October, 26th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.70 by $0.26. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $1.97 billion. Hasbro had a net margin of 6.70% and a trailing twelve-month return on equity of 19.90%. The business's revenue for the quarter was up 10.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.88 earnings per share.
Read the conference call transcript.

Hasbro declared a quarterly dividend on Tuesday, December 6th. Investors of record on Wednesday, February 1st will be given a dividend of $0.70 per share on Wednesday, February 15th. This represents a $2.80 annualized dividend and a yield of 4.78%. The ex-dividend date of this dividend is Tuesday, January 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 4.39%. 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 93.96%. 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 56.00% 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 fourth quarter earnings guidance on Thursday, January, 26th. The company provided earnings per share guidance of $1.29-1.31 for the period, compared to the consensus EPS estimate of $1.53. The company issued revenue guidance of $1.68 billion, compared to the consensus revenue estimate of $1.93 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 variety of institutional and retail investors. Top institutional investors include Kovitz Investment Group Partners LLC (0.58%), Deroy & Devereaux Private Investment Counsel Inc. (0.27%), Natixis Advisors L.P. (0.20%), New York State Teachers Retirement System (0.10%), Massmutual Trust Co. FSB ADV (0.06%) and Cardinal Capital Management (0.05%). 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 $58.61.

Hasbro (NASDAQ:HAS) has a market capitalization of $8.09 billion and generates $6.42 billion in revenue each year. The company earns $428.70 million in net income (profit) each year or $2.98 on an earnings per share basis.

The company employs 6,640 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.