Mattel, Inc. (MAT)

NASDAQ: MAT · IEX Real-Time Price · USD
18.43
-0.13 (-0.70%)
At close: Apr 12, 2024, 4:00 PM
18.31
-0.12 (-0.65%)
After-hours: Apr 12, 2024, 7:37 PM EDT
-0.70%
Market Cap 6.51B
Revenue (ttm) 5.44B
Net Income (ttm) 214.35M
Shares Out 353.23M
EPS (ttm) 0.60
PE Ratio 30.72
Forward PE 13.16
Dividend n/a
Ex-Dividend Date n/a
Volume 1,874,387
Open 18.40
Previous Close 18.56
Day's Range 18.36 - 18.62
52-Week Range 16.20 - 22.64
Beta 0.98
Analysts Buy
Price Target 22.80 (+23.71%)
Earnings Date Apr 23, 2024

About MAT

Mattel, Inc., a toy and family entertainment company, designs, manufactures, and markets toys and consumer products in North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through North America, International, and American Girl segments. It offers dolls and accessories, as well as books, content, gaming, and lifestyle products for children under the Barbie, American Girl, Disney Princess and Disney Frozen, Monster High, and Polly Pocket brands; die-cast vehicles, tracks, playsets, and accesso... [Read more]

Industry Leisure
Founded 1945
Employees 33,000
Stock Exchange NASDAQ
Ticker Symbol MAT
Full Company Profile

Financial Performance

In 2023, Mattel's revenue was $5.44 billion, an increase of 0.12% compared to the previous year's $5.43 billion. Earnings were $214.35 million, a decrease of -45.58%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for MAT stock is "Buy." The 12-month stock price forecast is $22.8, which is an increase of 23.71% from the latest price.

Price Target
$22.8
(23.71% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Mattel Announces First Quarter 2024 Financial Results and Conference Call Date

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it plans to release its first quarter 2024 financial results on Tuesday, April 23, 2024, at approximately 4:05 p.m....

8 days ago - Business Wire

Hot Wheels Unveils New Die-Cast to Encourage Open-Ended Play Ahead of Autism Acceptance Month

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Today, Mattel, Inc. (NASDAQ: MAT) announced the Hot Wheels® Flippin Fast™ die-cast, a new vehicle designed to encourage an open-ended play experience, ahead of Aut...

18 days ago - Business Wire

Mattel Adventure Park Kansas City Set for 2026 Opening

EL SEGUNDO, Calif. & KANSAS CITY, Kan.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT), through a licensing partnership with Epic Resort Destinations, today announced plans for a second Mattel Adventure ...

24 days ago - Business Wire

Mattel CEO: Extended our leadership in key toy categories with significant share gain in 2023

Mattel CEO Ynon Kreiz joins 'Squawk Box' to discuss the company's virtual investor day, pressure from activist shareholder, state of the consumer, and more.

5 weeks ago - CNBC Television

Mattel Partners with Atlantis Paradise Island Bahamas to Offer Barbie Bahamas Beach Vacation: Where Atlantis Dreams Come True

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today revealed a celebratory partnership with Atlantis Paradise Island to develop Barbie Bahamas Beach Vacation: Where Atlantis Dreams C...

5 weeks ago - Business Wire

Season Two of Mattel and Nickelodeon's Monster High Animated Series to Debut March 11

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Nickelodeon today announced that the second season of the hit animated series Monster High will premiere on Monday, March 11, 2024 a...

5 weeks ago - Business Wire

Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price

Mattel is facing activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands.

5 weeks ago - CNBC

Mattel and Universal Renew Jurassic World Licensing Partnership

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) and Universal Products & Experiences (UP&E) today announced they have renewed their licensing partnership to produce toys inspired by th...

5 weeks ago - Business Wire

Barbie® Celebrates 65 Years of Inspiring Girls to Recognize Their Full Potential

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today its kickoff to celebrate the 65th anniversary of Barbie and over six decades of breaking down boundaries and inspiring g...

5 weeks ago - Business Wire

Barbie Is Turning 65, And Mattel Is Betting On A Birthday Sales Boost

The Barbie doll turns 65 on March 9, and her creator, toymaker Mattel MAT , is celebrating in classic Barbie style, with toy releases featuring nostalgic nods to her best moments over the past six dec...

5 weeks ago - Forbes

Mattel CFO Anthony DiSilvestro to Participate in UBS 2024 Global Consumer and Retail Conference

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that Chief Financial Officer Anthony DiSilvestro will participate in a fireside chat at the UBS Global Consumer and Reta...

5 weeks ago - Business Wire

Mattel kicks off self-publishing for games

Mattel is kicking off its self-published games where it will work with closely with big and small devs making Mattel-branded games.

5 weeks ago - VentureBeat

Mattel delays filing of 2023 annual report

Toymaker Mattel said on Thursday it was unable to file its 2023 annual report within the prescribed time after it identified certain deficiencies, which represented "material weakness" in its internal...

6 weeks ago - Reuters

Mattel Announces 2024 Virtual Investor Presentation

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today announced that it will host a Virtual Investor Presentation to provide a strategic business update and its plans for 2024. The eve...

7 weeks ago - Business Wire

Mattel Promotes Krista Berger to Senior Vice President, Barbie and Head of Dolls

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) has promoted Krista Berger to Senior Vice President, Barbie and Head of Dolls. It was announced by Lisa McKnight, Executive Vice Preside...

7 weeks ago - Business Wire

Mattel CEO Talks Barbie, Earnings and American Girl Movie

Mattel CEO Ynon Kreiz discusses the company's fourth-quarter and full-year results, acquisition opportunities and the plans for movies based on American Girl and Bob the Builder. --------

2 months ago - Bloomberg Markets and Finance

Mattel CEO discusses Q4 earnings,' $1 billion buyback, 'Barbie' success

Mattel's (MAT) mainline Barbie brand dominated nearly all corners of culture and conversations happening across various circles in 2023 due to the success of Greta Gerwig's Barbie film. The toymaker r...

2 months ago - Yahoo Finance

Mattel Appoints Christopher Farrell as Executive Vice President and Chief Strategy Officer

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Christopher Farrell has joined the Company as Executive Vice President and Chief Strategy Officer, effective immedi...

2 months ago - Business Wire

Mattel CEO: We are looking to continue developing cultural & societal moments through our products

Mattel Chairman and CEO Ynon Kreiz joins 'Mad Money' host Jim Cramer to talk Q4 earnings, the toy manufacturing space, and more.

2 months ago - CNBC Television

Mattel's Holiday Sales Boost Doesn't Make Up For A Tough Year

A holiday boost in toy sales wasn't enough to make up for sales declines during the rest of the year, leaving Mattel MAT to end 2023 with full-year net sales down 1% in constant currency, compared to ...

2 months ago - Forbes

Mattel Targets D2C Opportunity as Barbie Fever Supercharges Doll Sales

It has been a good year for Mattel, and the toy giant is looking to capitalize on the recent surge in enthusiasm to drive digital and direct-to-consumer (D2C) sales. In a presentation shared with anal...

2 months ago - PYMNTS

Mattel announces cost cuts after fourth-quarter results miss expectations

Toy maker Mattel Inc. on Wednesday reported fourth-quarter results that missed expectations, and the company said it planned to cut costs this year while continuing to buy back stock.

2 months ago - Market Watch

Mattel misses holiday-quarter estimates, sees dull 2024 sales on tepid toy demand

Mattel missed market estimates for holiday-quarter sales and profit, and forecast tepid 2024 sales on Wednesday as soft demand for toys overshadows gains from its blockbuster movie "Barbie".

2 months ago - Reuters

Mattel Reports Fourth Quarter and Full Year 2023 Financial Results

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) today reported fourth quarter and full year 2023 financial results. Ynon Kreiz, Chairman and CEO of Mattel, said: “2023 was a milestone ...

2 months ago - Business Wire

Julius Genachowski and Dawn Ostroff Join Mattel Board of Directors

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Mattel, Inc. (NASDAQ: MAT) announced today that Julius Genachowski and Dawn Ostroff have joined the Company's Board of Directors, effective February 5, 2024. The n...

2 months ago - Business Wire