Mattel Company Profile (NASDAQ:MAT)

Mattel trades on the NASDAQ under the ticker symbol "MAT."

Mattel announced a quarterly dividend on Friday, June 16th. Stockholders of record on Wednesday, August 23rd will be given a dividend of $0.15 per share on Friday, September 15th. This represents a $0.60 annualized dividend and a dividend yield of 3.44%. The ex-dividend date is Monday, August 21st. View Mattel's Dividend History.

Mattel, Inc. (NASDAQ:MAT) released its earnings results on Thursday, July, 27th. The company reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.05. The firm earned $974.50 million during the quarter, compared to the consensus estimate of $972.36 million. Mattel had a net margin of 4.51% and a return on equity of 11.62%. The firm's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the prior year, the company posted ($0.02) earnings per share. View Mattel's Earnings History.

Mattel is scheduled to release their next quarterly earnings announcement on Tuesday, October, 17th 2017. View Earnings Estimates for Mattel.

11 analysts have issued 12 month target prices for Mattel's stock. Their predictions range from $17.00 to $38.00. On average, they expect Mattel's share price to reach $24.15 in the next twelve months. View Analyst Ratings for Mattel.

Here are some recent quotes from research analysts about Mattel stock:

• 1. Argus analysts commented, "at least several quarters."Staszak stated in his downgrade report that he is concerned with Mattel's declining revenue and expanding losses. The analyst also highlighted the company's gross margins which fell by 680 basis points in the first quarter to 37.0 percent, which was notably lower than the 43.7 percent the consensus estimate was calling for. Q1 ConcernsStaszak further noted that Mattel oversees four business segments and all four of them saw declining revenue on a year-over-year basis as follows:Mattel girls and boys brands fell 16 percent to $441 million.Fisher Price fell 8 percent to $247 million.American Girl fell 12 percent to around $82 million.Construction arts and crafts well 38 percent to around $39 million.Given the sales decline in each segment, it shouldn't come as a surprise Mattel's management slashed its 2017 guidance which was issued on February 17. Specifically, the company is expecting full-year sales to rise by a mid-single-digit as opposed to a prior guidance of a mid- to high-single-digit.Staszak's estimates is now calling for a 3 percent full-year sales growth from 2016 to $5.6 billion, down from a prior estimate of $5.7 billion.Finally, the analyst briefly discussed a source of concern among Mattel's investors, namely its current dividend, which is yielding 6.82 percent. Staszak believes the company is on track to pay shareholders $1.52 per share on an annual basis in 2017 and can even raise its annual dividend payout to $1.64 per share in 2018.Bottom line, Staszak believes Mattel's success depends on its ability to "stay ahead of trends" (4/28/2017)
• 2. According to Zacks Investment Research, "Mattel’s Q1 2017 adjusted loss per share of $0.32 was wider than the Zacks Consensus Estimate of a loss of $0.17 and also the prior-year quarter loss of $0.14.  Results were hurt by weak sales. Notably, revenues of $735.6 million plunged 15% year over year as reported and in constant currency and missed the consensus mark by 9.2%. Going forward, U.S. toy category slowdown and unfavorable foreign exchange translation remains a major headwind. Moreover, Mattel’s shares have underperformed the Zacks categorized Toys/Games/Hobby Products industry over the past six months. Even so, we believe that the company’s core brands like Hot Wheels, Thomas, Fisher-Price and MEGA Brands should drive growth. Still, it will take time for all the brands to show consistent improvement. Further, costs related to sales boosting initiatives may keep profits under pressure, while macroeconomic concerns limit revenue growth of the company." (4/26/2017)
• 3. B. Riley analysts commented, "On 2/21, we attended a sell-side analyst meeting with new CEO Margo Georgiadis, former head of the Americas for Alphabet's Google (GOOGL; Buy; $990.00 PT; Sinha). The key message we came away with is that Georgiadis believes MAT has tremendous opportunity to accelerate its growth by leveraging its IP. She joined MAT for five key reasons: (1) she's deeply passionate about childhood learning and education (65% of the jobs today's kids will have in the future do not even exist as jobs today); (2) MAT people have a sense of passion and purpose; (3) MAT has an unrivaled brand portfolio, with high revenue/user; (4) MAT has a global footprint; and (5) she sees an opportunity to transform the internal operations of the company to maximize end-to-end relationships with consumers. Five things Georgiadis plans to focus on: (1) the strategy laid out by previous CEO Chris Sinclair and President Richard Dickson (core brands, Toy Box, emerging markets development, cost improvement); (2) to more systemically incorporate technology across all the brands, as a means of accelerating growth; (3) to drive digital content and communication with the consumer more broadly; (4) to make the business more operationally efficient and to reduce complexity; and (5) to find the right balance between investing for growth and profitability/value to the shareholder." (2/21/2017)
• 4. Barclays PLC analysts commented, "Mattel's issues this quarter were industry specific and we expect other toy companies to report similar industry challenges. While the company's valuation could appear more attractive following this release, we remain Equal Weight particularly given that management's LT growth objectives are now pushed out to 2019 from 2018, and in 2018 the company faces tough comps against a strong entertainment driven 2017. Until investors feel more comfortable with Mattel's growth trajectory, we believe valuation upside is limited. Further, with this most recent setback, we believe investors are going to focus on the sustainability of the dividend yet again which could also be an overhang. The new CEO (as of 2/8) could shake things up and inject growth (particularly in ecommerce), which would certainly be a positive. We are looking forward to hearing Ms. Georgiadis' plans as she gets settled in." (1/26/2017)

Mattel saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 29,794,788 shares, an increase of 9.6% from the July 14th total of 27,191,561 shares. Based on an average daily volume of 8,786,556 shares, the short-interest ratio is currently 3.4 days. Approximately 8.7% of the company's shares are sold short.

Some companies that are related to Mattel include Coach (COH), Scripps Networks Interactive (SNI), Wynn Macau (WYNMF), Melco Crown Entertainment Limited (MLCO), Shaw Communications (SJR), Wyndham Worldwide Corp (WYN), Intercontinental Hotels Group (IHG), Take-Two Interactive Software (TTWO), PVH Corp. (PVH), Discovery Communications (DISCB), ITV PLC. (ITVPY), Hanesbrands (HBI), Snap-On Incorporated (SNA), Vail Resorts (MTN), Discovery Communications (DISCA), Live Nation Entertainment (LYV), Discovery Communications (DISCK) and lululemon athletica inc. (LULU).

Mattel's management team includes the folowing people:

• Christopher Alan Sinclair, Executive Chairman of the Board
• Richard L. Dickson, President and Chief Operating Officer
• Margaret H. Georgiadis, Chief Executive Officer, Director
• Kevin M. Farr CPA, Chief Financial Officer
• Richard R. Gros, Chief Human Resource Officer, Executive Vice President
• Robert John Normile, Executive Vice President, Chief Legal Officer and Secretary
• Juliana L. Chugg, Executive Vice President and Chief Brands Officer – Core Brands
• Peter D. Gibbons, Executive Vice President - Chief Supply Chain Officer
• Geoffrey H. Walker, Executive Vice President and Chief Strategic Technology Officer
• Michael J. Dolan, Lead Independent Director

Mattel's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.01%), BlackRock Inc. (7.96%), State Street Corp (4.27%), FMR LLC (3.84%), Bank of New York Mellon Corp (3.19%) and American Century Companies Inc. (2.90%). Company insiders that own Mattel stock include Christopher A Sinclair, Dean A Scarborough, Dominic Ng, Geoffrey H Walker, Jean Gabriel Zalzman, Kevin M Farr, Loyd Kathy White, Mary Margaret Hasti Georgiadis, Richard R Gros, Steve Totzke and Susan R Lecker. View Institutional Ownership Trends for Mattel.

Mattel's stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Bessemer Group Inc., Schroder Investment Management Group, FMR LLC, TIAA CREF Investment Management LLC, Teachers Advisors LLC, Kempen Capital Management N.V. and JPMorgan Chase & Co.. Company insiders that have sold Mattel stock in the last year include Dominic Ng and Geoffrey H Walker. View Insider Buying and Selling for Mattel.

Mattel's stock was purchased by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, American Century Companies Inc., Eaton Vance Management, Fairpointe Capital LLC, Capital World Investors, Vanguard Group Inc., Kornitzer Capital Management Inc. KS and Bank of Nova Scotia. Company insiders that have bought Mattel stock in the last two years include Christopher A Sinclair, Dean A Scarborough, Mary Margaret Hasti Georgiadis and Richard R Gros. View Insider Buying and Selling for Mattel.

Shares of Mattel can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Mattel stock can currently be purchased for approximately $17.42.