JAKKS Pacific, Inc. (NASDAQ:JAKK) Announces — Dividend of $0.25

JAKKS Pacific, Inc. (NASDAQ:JAKK) declared a — dividend on Friday, February 21st, Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.25 per share on Monday, March 31st. The ex-dividend date of this dividend is Monday, March 3rd.

JAKKS Pacific Price Performance

NASDAQ:JAKK opened at $30.00 on Friday. The stock has a market capitalization of $329.70 million, a PE ratio of 9.97 and a beta of 2.22. The business’s 50-day simple moving average is $29.37 and its 200-day simple moving average is $27.07. JAKKS Pacific has a fifty-two week low of $17.06 and a fifty-two week high of $36.35.

JAKKS Pacific (NASDAQ:JAKK) last posted its quarterly earnings data on Thursday, February 20th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.83). JAKKS Pacific had a net margin of 5.10% and a return on equity of 15.87%. The business had revenue of $130.74 million during the quarter, compared to analyst estimates of $131.07 million. On average, research analysts expect that JAKKS Pacific will post 3.52 earnings per share for the current year.

Wall Street Analyst Weigh In

JAKK has been the topic of several recent research reports. StockNews.com upgraded JAKKS Pacific from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. B. Riley lifted their price target on JAKKS Pacific from $37.00 to $41.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $41.67.

About JAKKS Pacific

JAKKS Pacific, Inc designs, produces, markets, sells, and distributes toys and related products, electronic products, and other consumer products worldwide. It operates through two segments, Toys/Consumer Products and Costumes. The company offers action figures and accessories, such as licensed characters; toy vehicles and accessories; dolls and accessories, including small, large, fashion, and baby dolls based on licenses, as well as infant and pre-school products; private label products; and foot-to-floor ride-on products.