Key Points
- Hasbro CFO Gina Goetter sold 2,840 shares for about $343,754 at an average price of $121.04 under a pre-arranged Rule 10b5-1 plan. She retained 69,737 shares after the sale.
- Hasbro reported quarterly EPS of $2.90, beating analyst estimates of $1.86, while revenue rose 15% year over year to $1.60 billion.
- The company declared a quarterly dividend of $0.70 per share, equivalent to $2.80 annually and a 2.3% yield at the article’s stated share price.
Hasbro, Inc. (NASDAQ:HAS - Get Free Report) CFO Gina Goetter sold 2,840 shares of the firm's stock in a transaction on Tuesday, November 10th. The shares were sold at an average price of $121.04, for a total transaction of $343,753.60. Following the completion of the transaction, the chief financial officer owned 69,737 shares in the company, valued at $8,440,966.48. The trade was a 3.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Hasbro Stock Performance
Shares of HAS opened at $121.48 on Friday. The company has a market capitalization of $16.99 billion, a PE ratio of 17.32, a price-to-earnings-growth ratio of 1.53 and a beta of 0.36. Hasbro, Inc. has a one year low of $74.78 and a one year high of $124.62. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.24. The company's fifty day moving average price is $101.05 and its 200 day moving average price is $93.86.
Hasbro (NASDAQ:HAS - Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The company reported $2.90 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.86 by $1.04. Hasbro had a net margin of 18.44% and a return on equity of 140.60%. The company had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.48 billion. During the same period in the prior year, the company earned $1.68 earnings per share. The business's quarterly revenue was up 15.0% compared to the same quarter last year. As a group, analysts expect that Hasbro, Inc. will post 7.03 earnings per share for the current year.
Hasbro Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 2nd. Stockholders of record on Wednesday, November 18th will be paid a $0.70 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.3%. Hasbro's payout ratio is presently 41.85%.
Institutional Trading of Hasbro
Institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Hasbro in the second quarter valued at $2,204,689,000. Bank of America Corp DE acquired a new stake in Hasbro during the second quarter worth $289,258,000. Amundi increased its holdings in Hasbro by 21.1% in the 1st quarter. Amundi now owns 1,699,565 shares of the company's stock valued at $159,079,000 after buying an additional 296,277 shares during the period. Bank of New York Mellon Corp bought a new stake in Hasbro in the 2nd quarter valued at $130,731,000. Finally, Epoch Investment Partners Inc. increased its holdings in Hasbro by 1.0% in the 1st quarter. Epoch Investment Partners Inc. now owns 1,174,077 shares of the company's stock valued at $109,894,000 after buying an additional 12,182 shares during the period. 91.83% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have issued reports on the company. Bank of America lowered their target price on Hasbro from $115.00 to $105.00 and set a "buy" rating on the stock in a report on Thursday, July 16th. DA Davidson cut their price target on Hasbro from $100.00 to $95.00 and set a "neutral" rating for the company in a report on Wednesday, July 22nd. UBS Group upped their price target on Hasbro from $120.00 to $137.00 and gave the stock a "buy" rating in a report on Wednesday, October 28th. Jefferies Financial Group reduced their price objective on Hasbro from $120.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, July 16th. Finally, Wells Fargo & Company raised their price objective on shares of Hasbro from $90.00 to $100.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $114.93.
Read Our Latest Report on HAS
Top Hasbro Stories
These are some of the HAS stories that stood out recently:
- Positive Sentiment: Hasbro expects Magic: The Gathering to build on record 2026 performance, citing a growing player base, wider retail distribution and a promising 2027 release schedule. Continued franchise momentum could support growth. Hasbro's 2027 Magic pipeline
- Neutral Sentiment: Hasbro shares had gained 28.6% over the prior month, outperforming its industry. The strong run reflects momentum but could also leave the stock more susceptible to profit-taking. Hasbro's recent stock performance
- Negative Sentiment: CFO Gina Goetter sold 2,840 shares, worth about $344,000. The sale was made under a pre-arranged Rule 10b5-1 plan, and she retained nearly 69,737 shares, which may limit its significance. SEC filing
Hasbro Company Profile
(
Get Free Report)
Hasbro, Inc. is a global play and entertainment company that develops and sells toys, games and digital experiences, and licenses its brands for consumer products and entertainment. Its portfolio includes Transformers, Play-Doh, Nerf, Monopoly, My Little Pony, Magic: The Gathering and Dungeons & Dragons. Founded in 1923 as Hassenfeld Brothers, the company began as a family business before expanding into toys and games. Hasbro serves consumers in markets around the world through its products, licensing partnerships and digital offerings.
Further Reading
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