NASDAQ:HMHCHoughton Mifflin Harcourt Stock Price, Forecast & News

Houghton Mifflin Harcourt's stock was trading at $3.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HMHC shares have decreased by 59.4% and is now trading at $1.53. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Houghton Mifflin Harcourt in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Houghton Mifflin Harcourt.

Houghton Mifflin Harcourt is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Houghton Mifflin Harcourt.

Houghton Mifflin Harcourt Co (NASDAQ:HMHC) announced its earnings results on Thursday, May, 7th. The business services provider reported ($0.67) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.80) by $0.13. The business services provider earned $189.93 million during the quarter, compared to the consensus estimate of $180.78 million. Houghton Mifflin Harcourt had a negative return on equity of 26.13% and a negative net margin of 31.92%. View Houghton Mifflin Harcourt's earnings history.

4 Wall Street analysts have issued 1-year price targets for Houghton Mifflin Harcourt's stock. Their forecasts range from $1.00 to $3.00. On average, they anticipate Houghton Mifflin Harcourt's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 30.7% from the stock's current price. View analysts' price targets for Houghton Mifflin Harcourt.

News stories about HMHC stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Houghton Mifflin Harcourt earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the business services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutHoughton Mifflin Harcourt.

Some companies that are related to Houghton Mifflin Harcourt include Pearson (PSO), JOHN WILEY & SONS -CL A (JW.A), John Wiley & Sons (JW.B), Scholastic (SCHL) and Lingo Media (LMDCF). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Houghton Mifflin Harcourt investors own include Energy Transfer LP Unit (ET), Ford Motor (F), IBM (IBM), Pearson (PSO), Advanced Micro Devices (AMD), Centurylink (CTL), General Electric (GE), Oasis Petroleum (OAS), Apple Hospitality REIT (APLE) and CBL & Associates Properties (CBL).

Houghton Mifflin Harcourt trades on the NASDAQ under the ticker symbol "HMHC."

Houghton Mifflin Harcourt's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wellington Management Group LLP (12.25%), Alliancebernstein L.P. (6.75%), BlackRock Inc. (5.91%), WS Management Lllp (4.71%), Wells Fargo & Company MN (1.88%) and State Street Corp (1.66%). Company insiders that own Houghton Mifflin Harcourt stock include Anchorage Capital Group, LLC, John J Lynch Jr, John R Mckernan Jr and Lawrence K Fish. View institutional ownership trends for Houghton Mifflin Harcourt.

HMHC stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Alliancebernstein L.P., Engine Capital Management LP, State Street Corp, Parametric Portfolio Associates LLC, UBS Group AG, Nuveen Asset Management LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for Houghton Mifflin Harcourt.

HMHC stock was acquired by a variety of institutional investors in the last quarter, including Tarsadia Capital LLC, JPMorgan Chase & Co., Wellington Management Group LLP, Morgan Stanley, BlackRock Inc., Corsair Capital Management L.P., Geode Capital Management LLC, and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have bought Houghton Mifflin Harcourt stock in the last two years include John J Lynch Jr, John R Mckernan Jr, and Lawrence K Fish. View insider buying and selling activity for Houghton Mifflin Harcourt.

Shares of HMHC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of HMHC stock can currently be purchased for approximately $1.53.

Houghton Mifflin Harcourt has a market capitalization of $191.88 million and generates $1.39 billion in revenue each year. The business services provider earns $-213,830,000.00 in net income (profit) each year or ($1.37) on an earnings per share basis. Houghton Mifflin Harcourt employs 3,400 workers across the globe.

The official website for Houghton Mifflin Harcourt is www.hmhco.com.

Houghton Mifflin Harcourt's mailing address is 125 HIGH STREET, BOSTON MA, 02110. The business services provider can be reached via phone at 617-351-5000 or via email at [email protected]