Zacks Research Forecasts Hasbro’s Q1 Earnings (NASDAQ:HAS)

Hasbro, Inc. (NASDAQ:HAS) – Investment analysts at Zacks Research lifted their Q1 2027 earnings estimates for Hasbro in a report issued on Wednesday, June 10th. Zacks Research analyst Team now forecasts that the company will post earnings of $1.31 per share for the quarter, up from their previous estimate of $1.09. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Hasbro’s current full-year earnings is $6.01 per share. Zacks Research also issued estimates for Hasbro’s Q1 2028 earnings at $1.40 EPS.

Several other equities research analysts have also recently weighed in on the stock. DA Davidson restated a “neutral” rating and issued a $100.00 price target on shares of Hasbro in a research report on Thursday, May 21st. Wolfe Research boosted their price target on shares of Hasbro from $90.00 to $124.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Argus set a $105.00 price objective on shares of Hasbro in a research note on Friday, March 13th. Morgan Stanley lifted their price objective on shares of Hasbro from $122.00 to $123.00 and gave the stock an “overweight” rating in a research note on Thursday, May 14th. Finally, BNP Paribas Exane lifted their price objective on shares of Hasbro from $115.00 to $117.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $113.14.

Hasbro Trading Up 1.8%

Shares of HAS opened at $83.77 on Friday. The company’s fifty day moving average is $91.17 and its 200 day moving average is $90.26. Hasbro has a fifty-two week low of $67.11 and a fifty-two week high of $106.98. The stock has a market capitalization of $11.85 billion, a PE ratio of -50.46, a P/E/G ratio of 2.01 and a beta of 0.48. The company has a debt-to-equity ratio of 4.59, a quick ratio of 1.49 and a current ratio of 1.65.

Hasbro (NASDAQ:HAS) last announced its quarterly earnings results on Wednesday, May 20th. The company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.20 by $0.27. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. The company had revenue of $1 billion for the quarter, compared to analysts’ expectations of $969.20 million. During the same quarter in the previous year, the business posted $1.04 earnings per share. Hasbro’s quarterly revenue was up 12.7% on a year-over-year basis.

Hasbro Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Shareholders of record on Monday, June 1st were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, June 1st. Hasbro’s payout ratio is presently -168.67%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Hasbro during the fourth quarter valued at $147,748,000. Bank of America Corp DE boosted its stake in shares of Hasbro by 128.7% during the second quarter. Bank of America Corp DE now owns 2,981,423 shares of the company’s stock valued at $220,089,000 after purchasing an additional 1,677,962 shares during the period. AQR Capital Management LLC boosted its stake in shares of Hasbro by 47.3% during the fourth quarter. AQR Capital Management LLC now owns 4,357,147 shares of the company’s stock valued at $357,286,000 after purchasing an additional 1,399,499 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Hasbro by 454.3% during the first quarter. Assenagon Asset Management S.A. now owns 727,407 shares of the company’s stock valued at $68,085,000 after purchasing an additional 596,167 shares during the period. Finally, NewEdge Wealth LLC purchased a new stake in shares of Hasbro during the first quarter valued at $47,671,000. 91.83% of the stock is owned by hedge funds and other institutional investors.

Key Hasbro News

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Zacks Research raised multiple earnings forecasts for Hasbro, including FY2026 to $5.94 per share, FY2027 to $6.33, and FY2028 to $6.88, while maintaining a Strong-Buy rating. Higher profit expectations typically support the stock.
• Positive Sentiment: Analysts also lifted near-term and longer-term quarterly estimates, including Q3 2026, Q4 2026, Q1 2027, and Q1 2028, reinforcing the view that earnings momentum may be improving.
• Neutral Sentiment: Hasbro also unveiled a Kenner Classics “Real Ghostbusters” Comic-Con exclusive and expanded branded licensing activity with partners like tonies®, which helps keep the company in the news but is not yet a clear financial catalyst. Article on Comic-Con exclusive set
• Neutral Sentiment: The company updated FY2026 revenue guidance to $4.8 billion-$4.9 billion, which is below the roughly $5.0 billion consensus estimate, creating some offset to the positive analyst revisions.

About Hasbro

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.