Scholastic Co. (NASDAQ:SCHL – Free Report) – Equities research analysts at Sidoti Csr lowered their FY2026 earnings per share estimates for Scholastic in a research note issued to investors on Tuesday, December 10th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will post earnings of $2.61 per share for the year, down from their previous estimate of $2.73. The consensus estimate for Scholastic’s current full-year earnings is $1.41 per share.
Separately, StockNews.com downgraded Scholastic from a “buy” rating to a “hold” rating in a report on Saturday, October 5th.
Scholastic Price Performance
Shares of NASDAQ SCHL opened at $25.57 on Thursday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.14 and a quick ratio of 0.64. Scholastic has a 1 year low of $23.69 and a 1 year high of $41.79. The company’s 50-day moving average is $25.93 and its 200 day moving average is $30.34. The stock has a market capitalization of $719.46 million, a P/E ratio of 45.66 and a beta of 1.07.
Scholastic (NASDAQ:SCHL – Get Free Report) last issued its quarterly earnings data 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 net margin of 1.49% and a return on equity of 4.32%. The business had revenue of $237.20 million for the quarter, compared to the consensus estimate of $233.49 million. During the same period in the previous year, the firm earned ($2.20) EPS.
Institutional Trading of Scholastic
Hedge funds and other institutional investors have recently modified their holdings of the business. Natixis Advisors LLC lifted its position in Scholastic by 3.1% during the 3rd quarter. Natixis Advisors LLC now owns 16,403 shares of the company’s stock valued at $525,000 after acquiring an additional 489 shares during the period. Inspire Investing LLC lifted its holdings in shares of Scholastic by 6.4% during the second quarter. Inspire Investing LLC now owns 11,222 shares of the company’s stock valued at $398,000 after purchasing an additional 675 shares during the last quarter. Creative Planning boosted its position in shares of Scholastic by 4.4% in the 3rd quarter. Creative Planning now owns 16,135 shares of the company’s stock worth $516,000 after purchasing an additional 679 shares in the last quarter. FMR LLC grew its stake 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 during the last quarter. Finally, nVerses Capital LLC bought a new position in Scholastic during the 2nd quarter valued at approximately $35,000. 82.57% of the stock is owned by hedge funds and other institutional investors.
Scholastic Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend is Friday, January 31st. Scholastic’s dividend payout ratio (DPR) is presently 142.86%.
About Scholastic
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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