HAS - Hasbro, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
105.41
+0.29 (+0.28%)
At close: 4:00PM EDT
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Previous Close105.12
Open105.49
Bid103.82 x 800
Ask0.00 x 1000
Day's Range105.29 - 107.17
52 Week Range76.84 - 109.60
Volume480,184
Avg. Volume1,078,346
Market Cap13.266B
Beta (3Y Monthly)1.25
PE Ratio (TTM)37.29
EPS (TTM)2.83
Earnings DateJul 23, 2019
Forward Dividend & Yield2.72 (2.59%)
Ex-Dividend Date2019-07-31
1y Target Est107.50
Trade prices are not sourced from all markets
  • Business Wire2 days ago

    Hasbro to Webcast Second Quarter 2019 Earnings Conference Call

    Hasbro, Inc. today announced that it will webcast its second quarter 2019 earnings conference call on Tuesday, July 23, 2019 at 8:00 a.m. Eastern Time, following the release of Hasbro’s financial results.

  • Here's Why Investors Should Steer Clear of JAKKS Pacific
    Zacks2 days ago

    Here's Why Investors Should Steer Clear of JAKKS Pacific

    JAKKS Pacific (JAKK) is grappling with declining demand and sales. A challenging retail environment for toys, cost issues and increasing competition remain potential headwinds.

  • Barrons.com2 days ago

    Monopoly Doesn’t Use Cash Anymore. That May Teach Kids Some Bad Financial Lessons.

    Hasbro announced recently that it will release a version of the classic board game Monopoly designed for the digital age. In (HAS) (HAS) latest edition of Monopoly, gone are the paper money and Community Chest cards. Instead, the board game now comes with a voice-controlled, artificial intelligence device shaped like a top hat.

  • Rocked by Stock Rout, ‘Hunger Games’ Studio Is Ready to Talk
    Bloomberg3 days ago

    Rocked by Stock Rout, ‘Hunger Games’ Studio Is Ready to Talk

    (Bloomberg) -- The studio that brought you “The Hunger Games,’’ “Mad Men’’ and “John Wick’’ is now facing its own existential question.Lions Gate Entertainment Corp. has lost more than half its market value over the last year as the once-idolized filmmaker struggles to find new megahits. On top of that, recent mergers have created entertainment behemoths that threaten to make smaller studios an afterthought in Hollywood’s new blockbuster environment.All that has created a new sense of urgency around the 22-year-old Lions Gate as it weighs its future: open itself to being acquired, sell off pieces, or try to bulk up to compete with the giants.“Some studios have scale and unfortunately some studios are now subscale,” said John Tinker, an analyst at Gabelli & Co. “The question is obviously, if you are a smaller studio and you do not own Marvel, what are you going to do?”Investors are worried and frustrated that management may have missed the M&A boat, said Geetha Ranganathan, a Bloomberg Intelligence analyst. “Time and options seem to be running out.”Lions Gate shares fell as much as 5.3% Monday to a seven-year low of $11.38 in New York. The company declined to comment.The studio was formed in 1997 in Vancouver by movie-loving mining financier Frank Giustra. It made its name distributing R-rated movies like “American Psycho” and, with the acquisition of Summit Entertainment in 2012, was propelled into the big leagues by the teen-vampire “Twilight” film saga. That same year it also launched the “The Hunger Games’’ franchise. (The studio announced last week there might be a prequel.)But as a smaller company, Lions Gate has long been a target of merger speculation. Companies from Metro-Goldwyn-Mayer to Sony to CBS Corp. have been linked to potential deals. Two years ago, Lions Gate walked away from talks with game-maker Hasbro Inc. involving a $41 a share offer, worth almost $9 billion, people familiar with the situation said.Today, the stock trades below $12, weighed down by two years of declining revenue in its motion picture division, and merger talks have picked up again. Lions Gate has held informal discussions in the past year with companies that may be interested in buying the whole business, people with knowledge of the situation said. But with the stock at seven-year lows, the studio isn’t interested in selling itself at the moment, people close to the situation said.A handful of other strategies are under discussion. One is to buy a stake in Miramax, the film producer formerly owned by the Weinstein brothers, one of the people said. Its current owner, BeIn Media Group, has recently sought buyers for a minority stake. Such a move would give Lions Gate access to a library of Oscar-winning movies such as “Shakespeare in Love” and, more recently, revived franchises like “Halloween.” A Miramax spokesman declined to comment.Starz SaleThe company is also considering selling the studio’s pay-cable network Starz, which contributes more than half its profits. Lions Gate last month turned down a $5 billion informal bid from CBS for Starz, but a sale remains a possibility, according to people familiar with the situation. If that happens, industry sources say, a slimmed-down Lions Gate might become more attractive to potential bidders. Others suggest the studio would be a tough sell without Starz.Meanwhile, the studio is looking to raise perhaps several hundred million dollars from investors to expand Starz internationally. That effort will be slowed down by upcoming negotiations with AT&T’s DirecTV over fees to carry the channel.At recent stock prices, Lions Gate is valued at less than the sum of its parts, according to Tim Nollen, a Macquarie Capital analyst. Shares could be worth $21 in a breakup, with a $5 billion valuation for Starz, $1.5 billion for the motion picture unit and $1 billion for the TV segment.Malone StakeFor investors such as cable magnate John Malone, who first bought shares in 2015 at around $30, it’s a rare miss. He controls about 8% of Class A shares. Hedge fund manager Mark Rachesky, Lions Gate’s chairman, is the biggest investor with a 19% Class A stake. He has owned shares since 2004 and backed the studio in fighting off a takeover by Carl Icahn in 2010.A spokeswoman for Malone did not return requests for comment. A spokeswoman for Rachesky declined to comment.Trends sweeping Hollywood will only make it more difficult for Lions Gate to remain independent. The merging of Disney and Fox’s film companies, and AT&T and Time Warner Inc., along with Comcast’s Universal Pictures, has created a trio of studios that own and produce well-known blockbuster movie franchises, such as the Marvel superhero universe and DC Comics. The result is a small group of big films increasingly dominating the box office.Netflix ProductionMoreover, buyers for Lions Gate’s typically mid-budget fare may be shrinking. Disney and WarnerMedia are investing billions in making their own shows to lure subscribers to new streaming services. Netflix Inc., too, is producing more and more of its original content in-house, a big change from the early days when Lions Gate’s “Orange Is the New Black’’ helped make the streaming channel required viewing. That trend could lessen demand for TV programs and films made by independent studios.Lions Gate has had some successes lately. “John Wick: Chapter 3--Parabellum” helped lift it to fourth in the box office this year, ahead of competitors like Viacom Inc.’s Paramount Pictures and Sony Pictures. And the studio is still finding buyers for its shows, recently selling to HBO, NBC and even streaming platforms run by WarnerMedia and Apple Inc.Jim Gianopulos, chief executive officer of one of the smaller shops, Paramount Studios, said that appealing programming will ultimately win out regardless of production size. “Scale has its virtues, but the creative process is independent of it,” Gianopulos said in an interview.But some analysts aren’t so confident.“For the longest time, people thought the studios would come out as the winners because they own the content,” Ranganathan said. But in the wake of the mergers, “You need established franchises. If you don’t have scale, you can’t compete.”(Updates with analyst’s comment in fifth paragraph.)To contact the reporters on this story: Anousha Sakoui in Los Angeles at asakoui@bloomberg.net;Nabila Ahmed in New York at nahmed54@bloomberg.netTo contact the editors responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net, ;Nick Turner at nturner7@bloomberg.net, Larry ReibsteinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Trump's tariffs hit Texas manufacturers, spark fears for the future: Survey
    Yahoo Finance3 days ago

    Trump's tariffs hit Texas manufacturers, spark fears for the future: Survey

    Texas businesses are concerned about the future of the economy as uncertainty rises around tariffs, according to a report from the Dallas Fed.

  • Mattel Launches Hot Wheels Mario Kart Cars to Drive Sales (Revised)
    Zacks3 days ago

    Mattel Launches Hot Wheels Mario Kart Cars to Drive Sales (Revised)

    Mattel's (MAT) aggressive efforts to improve its point of sale by product launch and various partnerships bode well.

  • Hasbro: Tariffs could not come at a worse time for toy industry
    Yahoo Finance3 days ago

    Hasbro: Tariffs could not come at a worse time for toy industry

    Toymakers warn tariffs will drive up the price of toys and potentially lead to safety risks.

  • ‘Mattel cannot be salvaged,’ says MGA CEO in scathing statement
    MarketWatch3 days ago

    ‘Mattel cannot be salvaged,’ says MGA CEO in scathing statement

    MGA Entertainment Inc.’s Chief Executive Isaac Larian slammed Mattel Inc. in a statement that officially calls off the second merger talks between the two toy companies. MGA Entertainment’s portfolio includes Little Tikes and LOL Surprise. “With close to $4 billion in debt at an average interest rate of 6.58% (as of March 2019), a staggering 42% in operating expenses, and a major legal liability for having sold a faulty Fisher Price Rock ‘n Play Sleeper for years even as multiple baby fatalities occurred, there is simply too much mess to clean up at Mattel,” the statement said.

  • Mattel Launches Hot Wheels Mario Kart Cars to Revive Sales
    Zacks6 days ago

    Mattel Launches Hot Wheels Mario Kart Cars to Revive Sales

    Mattel's (MAT) aggressive efforts to improve its point of sale by product launch and various partnerships bode well.

  • Why Hasbro, Inc. (NASDAQ:HAS) Could Be Worth Watching
    Simply Wall St.7 days ago

    Why Hasbro, Inc. (NASDAQ:HAS) Could Be Worth Watching

    Today we're going to take a look at the well-established Hasbro, Inc. (NASDAQ:HAS). The company's stock saw a...

  • Is Hasbro, Inc. (NASDAQ:HAS) At Risk Of Cutting Its Dividend?
    Simply Wall St.7 days ago

    Is Hasbro, Inc. (NASDAQ:HAS) At Risk Of Cutting Its Dividend?

    Dividend paying stocks like Hasbro, Inc. (NASDAQ:HAS) tend to be popular with investors, and for good reason - some...

  • Zacks.com featured highlights include: OSI Systems, Hasbro, Stitch Fix, Asure Software and Under Armour
    Zacks7 days ago

    Zacks.com featured highlights include: OSI Systems, Hasbro, Stitch Fix, Asure Software and Under Armour

    Zacks.com featured highlights include: OSI Systems, Hasbro, Stitch Fix, Asure Software and Under Armour

  • Barbie maker Mattel 'is insolvent' and can't be 'salvaged': Bratz doll creator
    Yahoo Finance8 days ago

    Barbie maker Mattel 'is insolvent' and can't be 'salvaged': Bratz doll creator

    MGA Entertainment founder and Bratz doll creator Isaac Larian rips Mattel's management team to shreds in an interview with Yahoo Finance.

  • Beyond Earnings Growth: Bet on Beat With These 5 Stocks
    Zacks8 days ago

    Beyond Earnings Growth: Bet on Beat With These 5 Stocks

    Inside the top-ranked stocks that can beat earnings estimates in their next releases.

  • Did Hedge Funds Drop The Ball On Hasbro, Inc. (HAS)?
    Insider Monkey9 days ago

    Did Hedge Funds Drop The Ball On Hasbro, Inc. (HAS)?

    You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […]

  • 5 Companies Looking to Cash In on Netflix's "Stranger Things"
    Motley Fool10 days ago

    5 Companies Looking to Cash In on Netflix's "Stranger Things"

    Merchandising is a small but growing area of Netflix's business.

  • Mattel (MAT) Launches Hot Wheels id, Eyes Sales Growth
    Zacks10 days ago

    Mattel (MAT) Launches Hot Wheels id, Eyes Sales Growth

    Mattel (MAT) launches Hot Wheels id, which will have Smart Track, Race Portal, and Hot Wheels id vehicles.

  • Business Wire10 days ago

    Hasbro Recognized as Sector Leader on the 2019 Civic 50 list of the Most Community-Minded Companies in the United States

    Hasbro, Inc. (HAS), a global play and entertainment company, announced today that it has been named to The Civic 50 as one of the most community-minded companies in the United States and was recognized as the sector leader in the Consumer Discretionary category. An initiative of Points of Light, the world's largest organization dedicated to volunteer service, the Civic 50 provides a national standard for superior corporate citizenship and showcases how companies can use their time, skills and resources to impact the communities in which they do business. Hasbro is one of 11 companies that have been included on The Civic 50 list each year since the initiative began in 2012.

  • Should You Care About Hasbro, Inc.’s (NASDAQ:HAS) Investment Potential?
    Simply Wall St.12 days ago

    Should You Care About Hasbro, Inc.’s (NASDAQ:HAS) Investment Potential?

    Today we are going to look at Hasbro, Inc. (NASDAQ:HAS) to see whether it might be an attractive investment prospect...

  • Mattel Turns Down MGA Entertainment Merger Deal, Stock Up
    Zacks14 days ago

    Mattel Turns Down MGA Entertainment Merger Deal, Stock Up

    Mattel (MAT) rejects a merger offer from privately held MGA Entertainment for the second time.

  • The Zacks Analyst Blog Highlights: Hasbro, Mattel, JAKKS and Electronic Arts
    Zacks14 days ago

    The Zacks Analyst Blog Highlights: Hasbro, Mattel, JAKKS and Electronic Arts

    The Zacks Analyst Blog Highlights: Hasbro, Mattel, JAKKS and Electronic Arts

  • MAT’s Rejection of Merger Offer Not a Reason to Toy With Mattel Stock
    InvestorPlace15 days ago

    MAT’s Rejection of Merger Offer Not a Reason to Toy With Mattel Stock

    Mattel (NYSE:MAT) has turned down another takeover bid from MGA Entertainment. Mattel stock surged higher on the news. MGA, who owns brands such as Bratz fashion dolls, Num Noms, and Little Tikes, has now failed twice to take over Mattel.Source: Shutterstock While this rejection of MGA has offered relief to MAT stock in the short term, turning down the deal leaves Mattel in the same beleaguered state it's been struggling in for decades.Mattel owns some of the most venerable brands in the toy business. This includes American Girl, Barbie, Fisher-Price, and Hot Wheels. Recently, it had also signed a licensing agreement with Sanrio (OTCMKTS:SNROF) to create toys, dolls, games, and other items based on the Hello Kitty brand. The toymaker has also renewed a separate licensing agreement with Warner Bros. to produce similar items for DC.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Conflicting "Best Interests"MGA CEO Isaac Larian made an overture to Mattel's CEO Ynon Kreiz in a letter dated May 21st. Mattel's chief legal officer, Bob Normile responded on June 7th, saying Mattel's board decided that the proposal was "not in the best interests of Mattel and its shareholders." * 5 Tech Stocks That Are Far Too Risky Right Now The deal would have forced out Mattel's entire board, possibly indicating the "best interests" the company protected. However, since MGA is a private company, analysts have only so much ability to evaluate the merits of the deal.However, we do know that Mattel stock has struggled over the past few decades. At its current price, it trades at levels it first saw in 1992! The rise of electronic games has reduced the demand for the physical toys and the board games that drove its business for decades. Its most direct peer, Hasbro (NYSE:HAS), has faced similar struggles. Competition Continues to IncreaseMoreover, the emergence of e-commerce giants such as Amazon (NASDAQ:AMZN) has devalued the advantage in shelf space these companies once held. This problem became worse with the closure of Toys "R" Us last year.I do not think the demand for physical toys will go away. Also, a backlash against electronic everything could even spark a revival in physical toys. However, individual creators could utilize a site such as Etsy (NASDAQ:ETSY) to compete against corporate toymakers. So it is not clear that such an occurrence would help Mattel stock. Financials for Mattel Stock Remain PoorMAT's financials continue to reflect this struggle. In its most recent earnings report, the company beat estimates but still lost 44 cents per share in the prior quarter. It also exceeded forecasts on revenue. Still, the $689.2 million in brought in during the quarter was a 2.9% reduction year-over-year. Thanks to cost-cutting, analysts forecast a profit next year. However, that will leave its forward P/E ratio at over 130. Moreover, costs can only fall so much, so staying consistently profitable could prove difficult.For now, Mattel's board rebuffs the takeover attempt, and Mattel stock benefits from a relief rally. But investors need to ask what kind of future the company has in the current business environment? With falling demand and increasing sources of competition, this company will do well just to keep itself in business. Such conditions do not leave much of a path forward for holders of MAT stock. Final Thoughts on Mattel StockTurning down the merger means Mattel will continue to face more competition amid falling revenues. In fairness, this reflects more on the state of the industry than on Mattel itself. Moreover, with MGA's financials not publicly available, assessing whether the merger would have profited holders of Mattel stock remains difficult. * 7 Stocks to Buy for the Coming Recession However, we know that Mattel stock faces an uncertain path forward. Having struggled for more than a quarter century, management offering more of the same leaves investors with no reason to buy MAT. Until this industry consolidates or produces the toys and games today's children want, investors should play in a different sandbox.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for the Coming Recession * 10 Smart Dividend Stocks for the Rest of the Year * 5 Tech Stocks That Are Far Too Risky Right Now Compare Brokers The post MAT's Rejection of Merger Offer Not a Reason to Toy With Mattel Stock appeared first on InvestorPlace.

  • The Zacks Analyst Blog Highlights: American International, Arconic, Hasbro, Illumina and Jefferies
    Zacks15 days ago

    The Zacks Analyst Blog Highlights: American International, Arconic, Hasbro, Illumina and Jefferies

    The Zacks Analyst Blog Highlights: American International, Arconic, Hasbro, Illumina and Jefferies

  • Toymakers to Suffer on US-China Trade Spat, Declining Demand
    Zacks15 days ago

    Toymakers to Suffer on US-China Trade Spat, Declining Demand

    Traditional toymakers face a dearth of consumer demand; US-China tension may worsen conditions.