Scholastic Co. (NASDAQ:SCHL – Free Report) – Equities researchers at Sidoti Csr lowered their FY2026 EPS estimates for shares of Scholastic in a report issued on Friday, December 20th. Sidoti Csr analyst B. Mccarthy now expects that the company will earn $2.40 per share for the year, down from their prior estimate 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 Trading Up 7.2 %
Scholastic stock opened at $21.48 on Monday. Scholastic has a 52 week low of $19.14 and a 52 week high of $40.74. The stock has a 50-day moving average price of $25.37 and a 200 day moving average price of $29.56. The company has a quick ratio of 0.64, a current ratio of 1.14 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $604.38 million, a price-to-earnings ratio of 38.36 and a beta of 1.07.
Scholastic (NASDAQ:SCHL – Get Free Report) last released its earnings results on Thursday, December 19th. The company reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.48). Scholastic had a net margin of 1.49% and a return on equity of 4.32%.
Institutional Trading of Scholastic
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Natixis Advisors LLC boosted its stake in shares of Scholastic by 3.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,403 shares of the company’s stock worth $525,000 after acquiring an additional 489 shares in 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 grew its holdings in 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 purchasing an additional 679 shares during the period. FMR LLC increased its position in shares of Scholastic by 58.8% in the third quarter. FMR LLC now owns 2,346 shares of the company’s stock valued at $75,000 after buying an additional 869 shares in the last quarter. Finally, nVerses Capital LLC acquired a new stake in shares of Scholastic in the second quarter worth approximately $35,000. Institutional investors and hedge funds own 82.57% of the company’s stock.
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 $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.72%. The ex-dividend date of this dividend is Friday, January 31st. Scholastic’s dividend payout ratio 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.
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