NASDAQ:SCHL - Scholastic Stock Price, News, & Analysis

Scholastic trades on the NASDAQ under the ticker symbol "SCHL."

Scholastic announced a quarterly dividend on Wednesday, July 18th. Stockholders of record on Friday, August 31st will be given a dividend of $0.15 per share on Monday, September 17th. This represents a $0.60 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Thursday, August 30th. View Scholastic's Dividend History.

Scholastic declared that its Board of Directors has approved a share buyback plan on Thursday, March 22nd 2018, which authorizes the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Scholastic Corp (NASDAQ:SCHL) issued its earnings results on Thursday, July, 19th. The company reported $1.45 EPS for the quarter, topping analysts' consensus estimates of $1.37 by $0.08. The firm had revenue of $496.20 million for the quarter, compared to analyst estimates of $527.20 million. Scholastic had a positive return on equity of 3.97% and a negative net margin of 0.31%. Scholastic's revenue for the quarter was down .7% on a year-over-year basis. During the same period in the prior year, the business earned $1.31 EPS. View Scholastic's Earnings History.

Scholastic is scheduled to release their next quarterly earnings announcement on Thursday, September, 20th 2018. View Earnings Estimates for Scholastic.

Scholastic issued an update on its FY19 earnings guidance on Thursday, July, 19th. The company provided earnings per share (EPS) guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.77. The company issued revenue guidance of $1.65-1.7 billion, compared to the consensus revenue estimate of $1.73 billion.

2 brokers have issued 1 year price objectives for Scholastic's stock. Their predictions range from $43.00 to $43.00. On average, they anticipate Scholastic's share price to reach $43.00 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View Analyst Price Targets for Scholastic.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scholastic in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scholastic.

Some companies that are related to Scholastic include Pearson (PSO), John Wiley & Sons Inc Class B (JW.B), JOHN WILEY & SONS -CL A Common Stock (JW.A), Houghton Mifflin Harcourt (HMHC) and Lingo Media (LMDCF).

Headlines about SCHL stock have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Scholastic earned a media and rumor sentiment score of 0.15 on Accern's scale. They also gave news coverage about the company an impact score of 41.07 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for Scholastic.

Scholastic's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.87%), Dimensional Fund Advisors LP (7.95%), Royce & Associates LP (6.07%), Fairpointe Capital LLC (3.64%), Bank of New York Mellon Corp (2.45%) and Acadian Asset Management LLC (1.28%). Company insiders that own Scholastic stock include Alan J Boyko, Andres A Alonso, Andrews S Hedden, John L Davies, Judith Newman, Maureen Oconnell and Richard Robinson. View Institutional Ownership Trends for Scholastic.

SCHL stock was sold by a variety of institutional investors in the last quarter, including Fairpointe Capital LLC, Royce & Associates LP, Bank of New York Mellon Corp, Dimensional Fund Advisors LP, First Trust Advisors LP, Brandes Investment Partners LP, Chartwell Investment Partners LLC and Russell Investments Group Ltd.. Company insiders that have sold Scholastic company stock in the last year include Alan J Boyko, Andrews S Hedden, John L Davies, Judith Newman and Richard Robinson. View Insider Buying and Selling for Scholastic.

SCHL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Schwab Charles Investment Management Inc., Sei Investments Co., Engineers Gate Manager LP, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Highland Capital Management LP and SG Americas Securities LLC. View Insider Buying and Selling for Scholastic.

Shares of SCHL 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, Scottrade, Fidelity and Charles Schwab.

One share of SCHL stock can currently be purchased for approximately $41.67.

Scholastic has a market capitalization of $1.44 billion and generates $1.63 billion in revenue each year. The company earns $-5,000,000.00 in net income (profit) each year or $1.43 on an earnings per share basis. Scholastic employs 9,000 workers across the globe.

Scholastic's mailing address is 557 BROADWAY, NEW YORK NY, 10012. The company can be reached via phone at 212-343-6100 or via email at [email protected]