Mattel Company Profile (NASDAQ:MAT)

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

Mattel announced a quarterly dividend on Friday, June 16th. Investors of record on Wednesday, August 23rd will be paid a dividend of $0.15 per share on Friday, September 15th. This represents a $0.60 annualized dividend and a yield of 3.76%. The ex-dividend date is Monday, August 21st. View Mattel's Dividend History.

Mattel, Inc. (NASDAQ:MAT) announced its quarterly earnings results on Thursday, July, 27th. The company reported ($0.14) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.05. The business 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%. Mattel's revenue was up 1.8% compared to the same quarter last year. During the same period last year, the company earned ($0.02) earnings per share. View Mattel's Earnings History.

Mattel is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Mattel.

12 equities research analysts have issued 1 year price targets for Mattel's shares. Their predictions range from $13.00 to $38.00. On average, they expect Mattel's share price to reach $22.77 in the next year. 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. 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)
• 3. 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 September. As of September 29th, there was short interest totalling 63,072,066 shares, an increase of 31.8% from the September 15th total of 47,859,480 shares. Based on an average trading volume of 10,510,004 shares, the short-interest ratio is currently 6.0 days. Approximately 18.5% of the company's stock are short sold.

Some companies that are related to Mattel include Viacom (VIAB), Intercontinental Hotels Group (IHG), Shaw Communications (SJR), PVH Corp. (PVH), Electrolux AB (ELUXY), China Lodging Group, Limited (HTHT), ITV PLC. (ITVPY), Vail Resorts (MTN), Snap-On Incorporated (SNA), Live Nation Entertainment (LYV), UbiSoft Entertainment (UBSFY), Liberty Media Corporation (FWONK), Hanesbrands (HBI), Man Wah Holdings Ltd (MAWHY), Liberty Media Corporation (FWONA), News Corporation (NWS), News Corporation (NWSA) 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
• Joseph J. Euteneuer 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
• Sven Gerjets, Chief Technology Officer

Mattel's stock is owned by a number of of retail and institutional investors. Top institutional investors include APG Asset Management N.V. (0.15%), State Treasurer State of Michigan (0.03%), Shell Asset Management Co. (0.02%), Mutual of America Capital Management LLC (0.01%), Farmers & Merchants Investments Inc. (0.01%) and Exane Derivatives (0.01%). 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 Shell Asset Management Co., Farmers & Merchants Investments Inc. and State Treasurer State of Michigan. View Insider Buying and Selling for Mattel.

Mattel's stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Exane Derivatives, Mutual of America Capital Management LLC and LS Investment Advisors LLC. 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 $15.97.