Mattel, Inc. (NASDAQ:MAT) declared a quarterly dividend on Monday, February 1st, Analyst Ratings Network.com reports. Stockholders of record on Wednesday, February 17th will be given a dividend of 0.38 per share on Friday, March 4th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 5.68%.

A number of research analysts recently issued reports on the stock. B. Riley reiterated a “buy” rating and issued a $31.00 target price on shares of Mattel in a research note on Sunday, October 18th. Vetr upgraded shares of Mattel from a “hold” rating to a “buy” rating and set a $24.76 target price on the stock in a research note on Monday, November 23rd. Finally, Jefferies Group assumed coverage on shares of Mattel in a research note on Friday, December 4th. They issued a “buy” rating and a $27.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $28.51.

Shares of Mattel (NASDAQ:MAT) traded down 3.01% during mid-day trading on Monday, hitting $26.76. 9,773,083 shares of the stock traded hands. Mattel has a one year low of $19.45 and a one year high of $30.44. The firm has a market capitalization of $9.08 billion and a P/E ratio of 30.24. The company’s 50 day moving average is $26.81 and its 200 day moving average is $24.24.

Mattel (NASDAQ:MAT) last announced its quarterly earnings data on Monday, February 1st. The company reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.06. The business earned $2 billion during the quarter, compared to the consensus estimate of $1.90 billion. On average, equities analysts expect that Mattel will post $1.25 EPS for the current fiscal year.

MATTEL, INC. designs, manufactures, and markets a variety of toy products around the world, which are sold to its customers and directly to consumers. The Company operates through three segments: North America, which consists of the United States and Canada, International, and American Girl. The Company’s North America segment markets and sells toys in the United States and Canada through the Mattel Girls & Boys Brands, Fisher-Price Brands, and Construction and Arts & Crafts Brands categories. The Company’s International segment products are developed and marketed by the North America segment, although some are developed or adapted for particular international markets. The Company’s American Girl segment is a direct marketer, children’s publisher, and retailer for its line of historical dolls, books, and accessories, as well as the My American Girl and Bitty Baby brands. American Girl also publishes Advice & Activity books and American Girl magazine.

12 Month Chart for NASDAQ:MAT

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