Scholastic Co. (NASDAQ:SCHL – Free Report) – Research analysts at Sidoti Csr reduced their FY2026 earnings per share estimates for shares of Scholastic in a report released on Friday, December 20th. Sidoti Csr analyst B. Mccarthy now anticipates that the company will post earnings of $2.40 per share for the year, down from their previous forecast of $2.61. The consensus estimate for Scholastic’s current full-year earnings is $1.41 per share.
Separately, StockNews.com lowered shares of Scholastic from a “buy” rating to a “hold” rating in a research note on Saturday, October 5th.
Scholastic Stock Up 1.1 %
NASDAQ:SCHL opened at $20.03 on Monday. The stock’s fifty day moving average is $25.61 and its two-hundred day moving average is $29.76. Scholastic has a 52 week low of $19.14 and a 52 week high of $40.74. The stock has a market capitalization of $563.58 million, a price-to-earnings ratio of 35.77 and a beta of 1.07. The company has a quick ratio of 0.64, a current ratio of 1.14 and a debt-to-equity ratio of 0.24.
Scholastic (NASDAQ:SCHL – Get Free Report) last issued its quarterly earnings data on Thursday, December 19th. The company reported $1.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.48). Scholastic had a return on equity of 4.32% and a net margin of 1.49%.
Hedge Funds Weigh In On Scholastic
Several large investors have recently bought and sold shares of SCHL. Natixis Advisors LLC raised its holdings in shares of Scholastic by 3.1% in the third quarter. Natixis Advisors LLC now owns 16,403 shares of the company’s stock valued at $525,000 after buying an additional 489 shares during the last quarter. Inspire Investing LLC boosted its position in Scholastic by 6.4% during the second quarter. Inspire Investing LLC now owns 11,222 shares of the company’s stock worth $398,000 after purchasing an additional 675 shares in the last quarter. Creative Planning increased its position in shares of Scholastic by 4.4% in the third quarter. Creative Planning now owns 16,135 shares of the company’s stock valued at $516,000 after buying an additional 679 shares in the last quarter. FMR LLC boosted its position in shares of Scholastic by 58.8% in the 3rd quarter. FMR LLC now owns 2,346 shares of the company’s stock worth $75,000 after buying an additional 869 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in shares of Scholastic in the second quarter valued at about $35,000. Institutional investors and hedge funds own 82.57% of the company’s stock.
Scholastic Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, January 31st will be given a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.80 annualized dividend and a dividend yield of 3.99%. Scholastic’s dividend payout ratio (DPR) is currently -444.44%.
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.
See Also
- Five stocks we like better than Scholastic
- 3 Tickers Leading a Meme Stock Revival
- Dow Jones: A Relevant Benchmark or a Relic of the Past?
- What is Put Option Volume?
- 3 Big-Name Stocks Just Announced Big-Time Dividend Increases
- Top Stocks Investing in 5G Technology
- Market Overreaction: 2 Stocks to Buy on the Way Down
Receive News & Ratings for Scholastic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scholastic and related companies with MarketBeat.com's FREE daily email newsletter.