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NASDAQ:SCHL

Scholastic (SCHL) Stock Price, News & Analysis

$37.02
-0.10 (-0.27%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$36.98
$37.35
50-Day Range
$34.73
$38.53
52-Week Range
$32.50
$45.98
Volume
98,900 shs
Average Volume
222,086 shs
Market Capitalization
$1.06 billion
P/E Ratio
25.53
Dividend Yield
2.16%
Price Target
N/A

Scholastic MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.72
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$13.40 M Sold Last Quarter
Proj. Earnings Growth
49.75%
From $2.01 to $3.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.39 out of 5 stars

Consumer Staples Sector

22nd out of 126 stocks

Book Publishing Industry

1st out of 3 stocks

SCHL stock logo

About Scholastic Stock (NASDAQ:SCHL)

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 books, eBooks, media, and interactive products through its school book clubs and fair channels, and trade channel. Its original publications include the Harry Potter, Hunger Games, Bad Guys, Baby-Sitters Club graphic novels, Magic School Bus, Captain Underpants, Dog Man, Wings of Fire, Cat Kid Comic Club, Goosebumps, and Clifford The Big Red Dog; and licensed properties comprise the Peppa Pig and Pokemon. In addition, this segment publishes and creates books plus and novelty products for children, including titles, such as the Pastel Studio, Mini Clay World Candy Cart, LEGO Gear Bots, Never Touch series, and other titles under the Klutz and the Make Believe Ideas names; and non-fiction books under the Children's Press and Franklin Watts names. The Education Solutions segment publishes and distributes classroom magazines under the Scholastic News, Scholastic Scope, Storyworks, Let's Find Out, and Junior Scholastic names; supplemental and classroom materials and programs, and related support services; and print and on-line reference, and non-fiction products, as well as consulting services. The International segment publishes and distributes English and French language children's books; and operates school-based marketing channels, as well as supply original and licensed children's books, and supplemental educational materials including professional books for teachers. The company distributes its products and services directly to schools and libraries through retail stores and the Internet. Scholastic Corporation was founded in 1920 and is headquartered in New York, New York.

SCHL Stock Price History

SCHL Stock News Headlines

2024 Scholastic Writing Awards
Q3 2024 Scholastic Corp Earnings Call
Scholastic: Q3 Earnings Insights
Scholastic: Fiscal Q3 Earnings Snapshot
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
1/30/2024
Dividend Payable
3/15/2024
Last Earnings
3/21/2024
Ex-Dividend for 6/17 Dividend
4/29/2024
Today
5/26/2024
Fiscal Year End
5/31/2024
Dividend Payable
6/17/2024
Next Earnings (Estimated)
7/18/2024

Industry, Sector and Symbol

Industry
Book publishing
Sub-Industry
Publishing
Current Symbol
NASDAQ:SCHL
CUSIP
80706610
Employees
6,760
Year Founded
1920

Profitability

Net Income
$86.30 million
Pretax Margin
3.93%

Debt

Sales & Book Value

Annual Sales
$1.70 billion
Cash Flow
$5.86 per share
Book Value
$38.82 per share

Miscellaneous

Free Float
23,275,000
Market Cap
$1.06 billion
Optionable
Optionable
Beta
1.06

Social Links

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Key Executives

  • Ms. Iole Lucchese (Age 57)
    Chairman of Board, Executive VP, President of Scholastic Entertainment & Chief Strategy Officer
    Comp: $1.4M
  • Mr. Peter  WarwickMr. Peter Warwick (Age 72)
    President, CEO & Director
    Comp: $2.3M
  • Mr. Kenneth J. Cleary (Age 59)
    President of International
    Comp: $1.03M
  • Ms. Sasha Quinton (Age 45)
    Executive VP & President of School Reading Events
    Comp: $1.06M
  • Mr. Haji Glover
    CFO & Executive Vice President
  • Paul  HukkanenPaul Hukkanen
    Senior VP & Chief Accounting Officer
  • Mr. Raghushri Sankaran
    Senior VP & Chief Information Officer
  • Mr. Andrew Stearns Hedden (Age 83)
    Executive VP, General Counsel & Secretary
  • Mr. Jeffrey Mathews
    Executive Vice President of Corporate Development & Investor Relations
  • Ms. Cristina Juvier
    Chief People Officer

SCHL Stock Analysis - Frequently Asked Questions

How have SCHL shares performed in 2024?

Scholastic's stock was trading at $37.70 on January 1st, 2024. Since then, SCHL shares have decreased by 1.8% and is now trading at $37.02.
View the best growth stocks for 2024 here
.

When is Scholastic's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 18th 2024.
View our SCHL earnings forecast
.

How were Scholastic's earnings last quarter?

Scholastic Co. (NASDAQ:SCHL) issued its earnings results on Thursday, March, 21st. The company reported ($0.80) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.80). The business earned $323.70 million during the quarter, compared to the consensus estimate of $329.21 million. Scholastic had a net margin of 3.16% and a trailing twelve-month return on equity of 5.57%. During the same quarter last year, the business posted ($0.57) earnings per share.

How often does Scholastic pay dividends? What is the dividend yield for Scholastic?

Scholastic declared a quarterly dividend on Wednesday, March 20th. Shareholders of record on Tuesday, April 30th will be paid a dividend of $0.20 per share on Monday, June 17th. This represents a $0.80 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Monday, April 29th.
Read our dividend analysis for SCHL
.

Is Scholastic a good dividend stock?

Scholastic (NASDAQ:SCHL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.16%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 55.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHL will have a dividend payout ratio of 26.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCHL.

What ETFs hold Scholastic's stock?
What guidance has Scholastic issued on next quarter's earnings?

Scholastic issued an update on its FY 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.7 billion-$1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

What is Dick Robinson's approval rating as Scholastic's CEO?

313 employees have rated Scholastic Chief Executive Officer Dick Robinson on Glassdoor.com. Dick Robinson has an approval rating of 66% among the company's employees.

What other stocks do shareholders of Scholastic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Scholastic investors own include Pfizer (PFE), General Motors (GM), Verizon Communications (VZ), Citigroup (C), ConocoPhillips (COP), Walt Disney (DIS), Gilead Sciences (GILD), AT&T (T), Exxon Mobil (XOM) and Caterpillar (CAT).

Who are Scholastic's major shareholders?

Scholastic's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.52%), Jacobs Levy Equity Management Inc. (1.07%), Principal Financial Group Inc. (0.48%), Empowered Funds LLC (0.46%), New York State Teachers Retirement System (0.20%) and Swiss National Bank (0.18%). Insiders that own company stock include Iole Lucchese, John L Davies, Paul Hukkanen, Sasha Quinton and Warwick Peter.
View institutional ownership trends
.

How do I buy shares of Scholastic?

Shares of SCHL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Scholastic have any subsidiaries?
The following companies are subsidiares of Scholastic: Chicken House Publishing Limited, Grolier (Malaysia) SDN BHD, Make Believe Ideas Ltd. (95% owned), Scholastic Book Fairs Limited, Scholastic Limited, The Travelling Book Company Ltd., 524 Films L.L.C., Back To Basics Toys, Caribe Grolier Inc., Chicken House Publishing Limited, Children’s Music Library Inc., Georgetown Studios Inc., Grolier Incorporated, Grolier International Finance Inc. (Philippines), Grolier International Inc., Grolier International Limited (U.K.), Grolier International Private Limited (India), Grolier Overseas Incorporated, Klutz, Learned Realty LLC, Learners Publishing, Lectorum Publications Inc., Listen Inn LLC (formerly Retroranch L.L.C.), Make Believe Ideas Ltd, Math Solutions, Ooka Island Inc, Ooka Island Inc., Pages Book Fairs Inc., RetroRanch Inc. (formerly Science Court Inc.), Sandvik Publishing Ltd., Scholastic (Asia) SDN. BHD, Scholastic 557 Broadway LLC, Scholastic Argentina S.R.L., Scholastic Australia Pty. Ltd., Scholastic Book Clubs Limited, Scholastic Book Fairs Inc., Scholastic Canada Ltd., Scholastic Distribution Services L.L.C., Scholastic Education Information Consulting (Shanghai) Co. Ltd., Scholastic Education International (Singapore) Private Limited, Scholastic Entertainment Inc., Scholastic Export Inc., Scholastic Hong Kong Ltd., Scholastic Inc., Scholastic India Private Limited1, Scholastic Interactive LLC, Scholastic International IT Support Centre Private Limited, Scholastic Ireland Ltd., Scholastic Library Publishing Inc., Scholastic Mexico S. de R. L. de C.V., Scholastic New Zealand Ltd., Scholastic Storia Inc., Scholastic UK Group L.L.C., Scholastic UK Ltd., Soup2Nuts Inc, Soup2Nuts Inc., Southwest Book Co. Inc., Teacher's Friend Publications Inc, The Scholastic Store Inc., Tom Snyder Productions Inc., Troll Book Fairs Inc., Troubadour Ltd., Weekly Reader, and Weston Woods Studios Inc..
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This page (NASDAQ:SCHL) was last updated on 5/27/2024 by MarketBeat.com Staff

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