JAKKS Pacific, Inc. (NASDAQ:JAKK – Get Free Report) declared a quarterly dividend on Thursday, April 30th. Investors of record on Friday, May 29th will be paid a dividend of 0.25 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, May 29th.
JAKKS Pacific has a dividend payout ratio of 30.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect JAKKS Pacific to earn $2.93 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 34.1%.
JAKKS Pacific Trading Up 10.6%
JAKK stock opened at $24.06 on Friday. The stock’s 50 day simple moving average is $21.11 and its 200 day simple moving average is $18.81. JAKKS Pacific has a 12-month low of $14.86 and a 12-month high of $24.12. The stock has a market capitalization of $275.25 million, a PE ratio of 28.31 and a beta of 1.50.
More JAKKS Pacific News
Here are the key news stories impacting JAKKS Pacific this week:
- Positive Sentiment: Q1 results beat expectations: JAKK reported adjusted EPS of ($0.17) vs. consensus of ($0.44) and revenue of $106.7M, modestly above estimates — this EPS/revenue surprise is the primary near-term catalyst. MarketBeat Q1 Summary
- Positive Sentiment: Dividend reinstated: the company declared a $0.25 per-share quarterly dividend (ex-dividend/record/payable dates announced) implying a ~4.4% yield — this raises the stock’s income appeal for yield-seeking investors.
- Positive Sentiment: Balance-sheet/cash flow signals: management reported healthy cash and a reduction in total liabilities year-over-year, which reduces financing risk and supports the dividend and working-capital needs. Quiver Quant recap
- Neutral Sentiment: Earnings call transcript available for review — useful for investors wanting management’s commentary on demand, channel inventory and holiday cadence. Earnings Call Transcript
- Neutral Sentiment: Official press release and slide deck are posted — appropriate for those doing a deeper read of segment and geographic performance. GlobeNewswire Release
- Negative Sentiment: Margin pressure and operating loss: cost of sales and lower gross margin drove an operating loss and a small net loss for Q1 — these profitability headwinds are why the company remains unprofitable on a GAAP basis and represent the primary near-term risk to the stock. Zacks report
JAKKS Pacific Company Profile
JAKKS Pacific, Inc (NASDAQ: JAKK) is a Los Angeles–based company that designs, develops and markets a broad range of toys and consumer products. Since its founding in 1995 by industry veteran Jack Friedman, the company has built a diversified portfolio spanning three primary segments: Toys, Consumer Electronics & Seasonal, and Kids Furniture & Accessories. JAKKS Pacific specializes in both licensed and proprietary brands, collaborating with major entertainment and sports licensors to bring popular characters and franchises to market.
The company’s Toys segment includes action figures, dolls, role-play items, collectible toys and outdoor activity products.
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