Sidoti Csr Issues Negative Estimate for Scholastic Earnings

Scholastic Co. (NASDAQ:SCHL) – Equities research analysts at Sidoti Csr decreased their FY2026 earnings per share (EPS) estimates for Scholastic in a research report issued to clients and investors on Tuesday, December 10th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will earn $2.61 per share for the year, down from their prior forecast of $2.73. The consensus estimate for Scholastic’s current full-year earnings is $1.41 per share.

Separately, StockNews.com lowered Scholastic from a “buy” rating to a “hold” rating in a research report on Saturday, October 5th.

Scholastic Stock Performance

Scholastic stock opened at $25.58 on Thursday. The firm has a market capitalization of $719.82 million, a PE ratio of 45.68 and a beta of 1.07. The stock’s 50 day moving average price is $25.89 and its 200 day moving average price is $30.26. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.64 and a current ratio of 1.14. Scholastic has a one year low of $23.69 and a one year high of $41.79.

Scholastic (NASDAQ:SCHL) last announced its quarterly earnings results on Thursday, September 26th. The company reported ($2.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.48) by $0.35. Scholastic had a return on equity of 4.32% and a net margin of 1.49%. The firm had revenue of $237.20 million during the quarter, compared to the consensus estimate of $233.49 million. During the same period in the prior year, the company posted ($2.20) earnings per share.

Institutional Trading of Scholastic

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pacer Advisors Inc. lifted its holdings in shares of Scholastic by 18.1% in the second quarter. Pacer Advisors Inc. now owns 1,120,491 shares of the company’s stock valued at $39,744,000 after purchasing an additional 171,775 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Scholastic by 9.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 502,179 shares of the company’s stock valued at $16,075,000 after purchasing an additional 41,864 shares during the last quarter. American Century Companies Inc. raised its holdings in Scholastic by 13.2% in the 2nd quarter. American Century Companies Inc. now owns 488,259 shares of the company’s stock worth $17,319,000 after acquiring an additional 56,835 shares during the period. Azarias Capital Management L.P. boosted its holdings in Scholastic by 32.7% during the second quarter. Azarias Capital Management L.P. now owns 264,565 shares of the company’s stock valued at $9,384,000 after acquiring an additional 65,120 shares during the period. Finally, Millennium Management LLC boosted its stake in Scholastic by 45.0% during the 2nd quarter. Millennium Management LLC now owns 182,630 shares of the company’s stock valued at $6,478,000 after purchasing an additional 56,647 shares during the period. 82.57% of the stock is owned by institutional investors and hedge funds.

Scholastic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, January 31st will be paid a dividend of $0.20 per share. The ex-dividend date is Friday, January 31st. This represents a $0.80 annualized dividend and a yield of 3.13%. Scholastic’s dividend payout ratio is currently 142.86%.

Scholastic Company Profile

Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.