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

JAKKS Pacific, Inc. (NASDAQ:JAKK) announced 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

JAKKS Pacific stock opened at $30.00 on Friday. The stock’s 50 day moving average is $29.37 and its 200 day moving average is $27.07. JAKKS Pacific has a one year low of $17.06 and a one year high of $36.35. The firm has a market cap of $329.70 million, a P/E ratio of 9.97 and a beta of 2.22.

JAKKS Pacific (NASDAQ:JAKK) last issued its quarterly earnings results on Thursday, February 20th. The company reported ($0.88) 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 firm had revenue of $130.74 million for the quarter, compared to the consensus estimate of $131.07 million. Equities analysts anticipate that JAKKS Pacific will post 3.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on JAKK. StockNews.com raised JAKKS Pacific from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. B. Riley increased their price target on JAKKS Pacific from $37.00 to $41.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target 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.