Zacks Research Has Negative Forecast for Hasbro Q1 Earnings

Hasbro, Inc. (NASDAQ:HAS) – Stock analysts at Zacks Research decreased their Q1 2026 earnings per share estimates for shares of Hasbro in a research note issued to investors on Monday, March 2nd. Zacks Research analyst Team now expects that the company will post earnings per share of $0.97 for the quarter, down from their prior forecast of $1.03. The consensus estimate for Hasbro’s current full-year earnings is $4.33 per share. Zacks Research also issued estimates for Hasbro’s Q2 2026 earnings at $1.30 EPS, Q3 2026 earnings at $1.87 EPS, Q4 2026 earnings at $1.35 EPS, FY2026 earnings at $5.49 EPS, Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $1.39 EPS, Q3 2027 earnings at $2.07 EPS, Q4 2027 earnings at $1.59 EPS, FY2027 earnings at $6.14 EPS and FY2028 earnings at $6.60 EPS.

Several other analysts also recently weighed in on the company. Weiss Ratings restated a “sell (d)” rating on shares of Hasbro in a research note on Monday, December 29th. DA Davidson lifted their target price on Hasbro from $80.00 to $110.00 and gave the company a “neutral” rating in a research note on Wednesday, February 11th. The Goldman Sachs Group lifted their price objective on shares of Hasbro from $88.00 to $114.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. BNP Paribas Exane assumed coverage on Hasbro in a report on Wednesday, February 25th. They set an “outperform” rating and a $118.00 price target on the stock. Finally, JPMorgan Chase & Co. increased their price target on Hasbro from $94.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Eleven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Hasbro presently has a consensus rating of “Moderate Buy” and an average target price of $114.08.

Hasbro Stock Down 1.4%

NASDAQ HAS opened at $97.63 on Tuesday. The stock has a market cap of $13.74 billion, a PE ratio of -41.54, a P/E/G ratio of 1.71 and a beta of 0.54. The business has a 50 day moving average price of $91.99 and a two-hundred day moving average price of $83.05. The company has a quick ratio of 1.24, a current ratio of 1.38 and a debt-to-equity ratio of 4.89. Hasbro has a fifty-two week low of $49.00 and a fifty-two week high of $106.98.

Hasbro (NASDAQ:HAS) last issued its earnings results on Tuesday, February 10th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.99 by $0.52. Hasbro had a positive return on equity of 127.21% and a negative net margin of 6.86%.During the same quarter in the previous year, the company posted $0.46 earnings per share. The firm’s revenue for the quarter was up 31.3% compared to the same quarter last year.

Hedge Funds Weigh In On Hasbro

Large investors have recently modified their holdings of the stock. TD Waterhouse Canada Inc. raised its position in shares of Hasbro by 4,246.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 80,193 shares of the company’s stock worth $6,040,000 after acquiring an additional 78,348 shares in the last quarter. Prudential Financial Inc. grew its position in Hasbro by 14.2% in the 2nd quarter. Prudential Financial Inc. now owns 159,288 shares of the company’s stock valued at $11,759,000 after purchasing an additional 19,752 shares during the period. AGF Management Ltd. acquired a new position in shares of Hasbro during the third quarter valued at about $895,000. Principal Financial Group Inc. boosted its stake in Hasbro by 34.0% during the 3rd quarter. Principal Financial Group Inc. now owns 197,629 shares of the company’s stock valued at $14,990,000 after purchasing an additional 50,189 shares during the last quarter. Finally, Truist Financial Corp grew its holdings in Hasbro by 28.7% during the third quarter. Truist Financial Corp now owns 54,210 shares of the company’s stock worth $4,112,000 after buying an additional 12,084 shares in the last quarter. 91.83% of the stock is owned by institutional investors.

Insider Transactions at Hasbro

In other news, EVP Tarrant L. Sibley sold 15,148 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $104.98, for a total transaction of $1,590,237.04. Following the completion of the transaction, the executive vice president directly owned 50,174 shares in the company, valued at $5,267,266.52. This represents a 23.19% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Gina M. Goetter sold 12,429 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $103.46, for a total transaction of $1,285,904.34. Following the transaction, the chief financial officer owned 68,221 shares in the company, valued at approximately $7,058,144.66. The trade was a 15.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 413,342 shares of company stock worth $42,241,679. 0.85% of the stock is currently owned by insiders.

Hasbro Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 4th. Shareholders of record on Wednesday, February 18th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $2.80 annualized dividend and a dividend yield of 2.9%. Hasbro’s dividend payout ratio (DPR) is currently -119.15%.

Key Stories Impacting Hasbro

Here are the key news stories impacting Hasbro this week:

• Positive Sentiment: Broader analyst support: several sell‑side firms have raised price targets and ratings (Goldman Sachs, JPMorgan, Morgan Stanley and others), and broker consensus remains a “Moderate Buy” — supportive for medium‑term sentiment. Hasbro Receives Consensus Rating of Moderate Buy
• Positive Sentiment: Zacks Research raised multiple mid‑ and long‑term EPS forecasts (FY2026–FY2028 and several quarters), signaling improving expected earnings power beyond the current quarter. Hasbro Sees a More Significant Dip Than Broader Market (Zacks)
• Positive Sentiment: Dividend maintained: Hasbro declared a $0.70 quarterly dividend (2.8% yield), supporting income‑oriented investors. This continues to underpin shareholder returns even as near‑term EPS sees variability. Dividend / SEC filing (MarketBeat references)
• Neutral Sentiment: Product & IP activity: Hasbro rolled out branded SKU news (Star Wars Black Series two‑pack and a Monopoly FIFA World Cup 2026 edition with Panini cards). These support the product pipeline and licensing monetization but are typically incremental to near‑term results. Star Wars Black Series 2-pack unveiled Monopoly FIFA World Cup 2026 Edition
• Negative Sentiment: Insider selling: CEO Christian Cocks sold 196,411 shares (~$19.7M at an average price of $100.33) and reduced his stake materially. Large insider disposals can sap near‑term investor confidence even when management retains significant holdings. Christian Cocks Sells 196,411 Shares
• Negative Sentiment: Near‑term estimate cut: Zacks trimmed Q1 2026 EPS expectations (to ~$0.97), creating short‑term earnings uncertainty that can pressure the stock ahead of the quarter. Zacks cuts Q1 estimate
• Negative Sentiment: Third‑party downgrade/notes: at least one analyst piece flagged structural or valuation concerns (Seeking Alpha downgrade commentary), which can add selling pressure among value‑oriented investors. MAGIC Strength Increasingly Reflected (Downgrade)

Hasbro Company Profile

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.