Zacks Research Issues Negative Estimate for Hasbro Earnings

Hasbro, Inc. (NASDAQ:HAS) – Stock analysts at Zacks Research cut their Q1 2025 earnings per share estimates for Hasbro in a research report issued to clients and investors on Thursday, March 13th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $0.64 for the quarter, down from their previous estimate of $0.69. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share. Zacks Research also issued estimates for Hasbro’s Q2 2025 earnings at $1.11 EPS, Q3 2025 earnings at $1.67 EPS, Q4 2025 earnings at $0.68 EPS, Q2 2026 earnings at $1.16 EPS, FY2026 earnings at $4.70 EPS and FY2027 earnings at $5.12 EPS.

Hasbro (NASDAQ:HAS) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.10. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.02 billion. Hasbro had a return on equity of 47.93% and a net margin of 9.32%.

A number of other equities research analysts have also issued reports on HAS. Roth Mkm raised their price target on Hasbro from $68.00 to $82.00 and gave the stock a “buy” rating in a research note on Friday, February 21st. Morgan Stanley reissued an “overweight” rating and issued a $84.00 price target (down from $88.00) on shares of Hasbro in a research report on Friday, February 21st. Stifel Nicolaus reduced their price target on Hasbro from $82.00 to $77.00 and set a “buy” rating for the company in a research report on Friday, January 3rd. Finally, DA Davidson boosted their target price on Hasbro from $73.00 to $75.00 and gave the stock a “neutral” rating in a research note on Monday, February 24th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $80.22.

Hasbro Price Performance

Shares of Hasbro stock opened at $59.79 on Monday. The stock has a market cap of $8.34 billion, a price-to-earnings ratio of 21.74, a price-to-earnings-growth ratio of 0.60 and a beta of 0.51. The company has a debt-to-equity ratio of 2.85, a quick ratio of 1.29 and a current ratio of 1.60. The stock has a 50 day moving average price of $60.43 and a 200-day moving average price of $63.99. Hasbro has a one year low of $52.61 and a one year high of $73.46.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Principal Financial Group Inc. raised its stake in shares of Hasbro by 3.9% in the third quarter. Principal Financial Group Inc. now owns 153,904 shares of the company’s stock valued at $11,130,000 after acquiring an additional 5,771 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in shares of Hasbro by 30.2% during the third quarter. Apollon Wealth Management LLC now owns 5,936 shares of the company’s stock worth $429,000 after purchasing an additional 1,377 shares during the last quarter. GSA Capital Partners LLP grew its holdings in shares of Hasbro by 194.2% during the third quarter. GSA Capital Partners LLP now owns 11,896 shares of the company’s stock worth $860,000 after purchasing an additional 7,852 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Hasbro by 198.2% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 11,932 shares of the company’s stock worth $863,000 after purchasing an additional 7,930 shares during the last quarter. Finally, Huntington National Bank grew its holdings in shares of Hasbro by 27.3% during the third quarter. Huntington National Bank now owns 759 shares of the company’s stock worth $55,000 after buying an additional 163 shares during the last quarter. 91.83% of the stock is currently owned by hedge funds and other institutional investors.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 12th. Stockholders of record on Monday, March 3rd were given a dividend of $0.70 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.80 annualized dividend and a dividend yield of 4.68%. Hasbro’s dividend payout ratio is currently 101.82%.

About Hasbro

Hasbro, Inc, together with its subsidiaries, operates as a toy and game company in the United States, Europe, Canada, Mexico, Latin America, Australia, China, and Hong Kong. The company operates through Consumer Products; Wizards of the Coast and Digital Gaming; Entertainment; and Corporate and Other segments.