does this movie have a sequel?
Yes,  "The Lord of the Rings"
The Hobbit
While "The Hobbit" has been adapted and elaborated upon in many ways, its sequel "The Lord of the Rings" is often claimed to be its greatest legacy. 
who played gandolf in the lord of the rings UNANSWERABLE where did the name come from? Tolkien derived the name "Gandalf" from "Gandálfr".  In Old Norse, the name means "staff-elf". who is he? Gandalf is a protagonist in "The Hobbit" and "The Lord of the Rings". He is a wizard, one of the "Istari" order, and the leader and mentor of the Fellowship of the Ring. can you describe the character? Tolkien once described Gandalf as an angel incarnate; later, both he and other scholars have likened Gandalf to the Norse god Odin in his "Wanderer" guise. Others have described Gandalf as a guide-figure who assists the protagonist what kind of a work is the hobbit? It is a children's fantasy novel who is the author? J. R. R. Tolkien is the book adapted into anything else? Yes,  stage production, motion picture what is the storyline? The story follows the quest of home-loving Bilbo Baggins, the titular hobbit, to win a share of the treasure guarded by Smaug the dragon. Bilbo's journey takes him from light-hearted, rural surroundings into more sinister territory who are the characters? Bilbo Baggins, Gandalf, Thorin Oakenshield, Smaug,  Elrond,  Gollum, etc what can you tell me about the first character? Bilbo Baggins is the title character and protagonist of the novel "The Hobbit", a supporting character in "The Lord of the Rings", and the fictional narrator of all Tolkien's Middle-earth writings. what can you tell me about his quest? Dorothy Matthews sees the story rather as a psychological journey,  the anti-heroic Bilbo being willing to face challenges while firmly continuing to love home and discovering himself. Bilbo's symbolic rebirth into the sunlight and the waters of the woodland river; and the dragon guarding the contested treasure, itself "an archetype of the self, of psychic wholeness".
wiki:19618359
The Hobbit [SEP] "The Lord of the Rings"
While "The Hobbit" has been adapted and elaborated upon in many ways, its sequel "The Lord of the Rings" is often claimed to be its greatest legacy. The plots share the same basic structure progressing in the same sequence: the stories begin at Bag End, the home of Bilbo Baggins; Bilbo hosts a party that sets the novel's main plot into motion; Gandalf sends the protagonist into a quest eastward; Elrond offers a haven and advice; the adventurers escape dangerous creatures underground (Goblin Town/Moria); they engage another group of elves (Mirkwood/Lothlórien); they traverse a desolate region (Desolation of Smaug/the Dead Marshes); they are received and nourished by a small settlement of men (Esgaroth/Ithilien); they fight in a massive battle (The Battle of Five Armies/Battle of Pelennor Fields); their journey climaxes within an infamous mountain peak (Lonely Mountain/Mount Doom); a descendant of kings is restored to his ancestral throne (Bard/Aragorn); and the questing party returns home to find it in a deteriorated condition (having possessions auctioned off / the Scouring of the Shire).