FY2026 Earnings Estimate for Scholastic Issued By Sidoti Csr

Key Points

• Sidoti Csr has revised its FY2026 earnings per share estimate for Scholastic Corporation down to $1.37, from a previous estimate of $1.40.
• On September 5th, Wall Street Zen downgraded Scholastic's stock rating from "buy" to "hold", despite other analysts maintaining a "buy" rating with a target price of $37.00.
• Scholastic recently declared a quarterly dividend of $0.20 per share, signifying a 3.0% yield, with a remarkably high payout ratio of -2,000.00%.

Scholastic Corporation (NASDAQ:SCHL - Free Report) - Research analysts at Sidoti Csr dropped their FY2026 earnings per share estimates for shares of Scholastic in a research note issued on Monday, September 8th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will post earnings of $1.37 per share for the year, down from their previous estimate of $1.40. The consensus estimate for Scholastic's current full-year earnings is $0.84 per share. Sidoti Csr also issued estimates for Scholastic's Q4 2026 earnings at $2.02 EPS.

Scholastic (NASDAQ:SCHL - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The company reported $0.87 EPS for the quarter, topping the consensus estimate of $0.85 by $0.02. The firm had revenue of $508.30 million for the quarter, compared to analyst estimates of $494.59 million. Scholastic had a positive return on equity of 1.39% and a negative net margin of 0.12%. Scholastic has set its FY 2026 guidance at EPS.

A number of other brokerages have also issued reports on SCHL. B. Riley assumed coverage on Scholastic in a research report on Wednesday, September 3rd. They issued a "buy" rating and a $37.00 target price on the stock. Wall Street Zen lowered Scholastic from a "buy" rating to a "hold" rating in a research report on Friday, September 5th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $37.00.

Scholastic Stock Down 0.2%

Scholastic stock traded down $0.05 during midday trading on Thursday, hitting $27.02. 81,958 shares of the company were exchanged, compared to its average volume of 329,608. The company's fifty day moving average price is $24.59 and its 200-day moving average price is $20.77. The company has a market cap of $676.83 million, a PE ratio of -674.38 and a beta of 1.24. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.16 and a quick ratio of 0.76. Scholastic has a fifty-two week low of $15.77 and a fifty-two week high of $34.18.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Scholastic by 4.2% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,221 shares of the company's stock worth $282,000 after buying an additional 530 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Scholastic by 6.2% in the first quarter. US Bancorp DE now owns 11,137 shares of the company's stock valued at $210,000 after buying an additional 654 shares during the period. Signaturefd LLC lifted its holdings in shares of Scholastic by 819.5% in the second quarter. Signaturefd LLC now owns 1,223 shares of the company's stock valued at $26,000 after buying an additional 1,090 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Scholastic by 182.4% in the first quarter. GAMMA Investing LLC now owns 1,776 shares of the company's stock valued at $34,000 after buying an additional 1,147 shares during the period. Finally, Public Sector Pension Investment Board lifted its holdings in shares of Scholastic by 1.9% during the second quarter. Public Sector Pension Investment Board now owns 80,195 shares of the company's stock valued at $1,682,000 after purchasing an additional 1,509 shares during the last quarter. 82.57% of the stock is currently owned by institutional investors.

Scholastic Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, August 29th. Scholastic's dividend payout ratio is presently -2,000.00%.

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.