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

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

Scholastic declared a quarterly dividend on Wednesday, March 20th. Shareholders of record on Tuesday, April 30th will be given a dividend of $0.15 per share on Monday, June 17th. This represents a $0.60 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Monday, April 29th. View Scholastic's Dividend History.

Scholastic announced that its Board of Directors has initiated a stock repurchase plan on Thursday, March 22nd 2018, which allows the company to repurchase $50,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its shares are undervalued.

Scholastic Corp (NASDAQ:SCHL) issued its quarterly earnings results on Thursday, March, 21st. The company reported ($0.32) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.27) by $0.05. The company had revenue of $360.10 million for the quarter, compared to the consensus estimate of $371.10 million. Scholastic had a return on equity of 4.30% and a net margin of 2.89%. The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.60 earnings per share. View Scholastic's Earnings History.

Scholastic is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Scholastic.

Scholastic issued an update on its FY 2019 earnings guidance on Thursday, March, 21st. The company provided earnings per share guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.53. The company issued revenue guidance of $1.65-1.7 billion, compared to the consensus revenue estimate of $1.7 billion.

2 Wall Street analysts have issued 1-year price targets for Scholastic's shares. Their forecasts range from $44.00 to $44.00. On average, they anticipate Scholastic's share price to reach $44.00 in the next year. This suggests a possible upside of 18.2% 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 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Scholastic.

Press coverage about SCHL stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Scholastic earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Scholastic investors own include Mondi (MNDI), ConocoPhillips (COP), TJX Companies (TJX), Intel (INTC), SS&C Technologies (SSNC), Walt Disney (DIS), 3M (MMM), Pfizer (PFE), Cisco Systems (CSCO) and Kraft Heinz (KHC).

Scholastic's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.84%), Dimensional Fund Advisors LP (7.99%), Royce & Associates LP (5.90%), Northern Trust Corp (3.42%), Acadian Asset Management LLC (1.87%) and Zuckerman Investment Group LLC (1.85%). Company insiders that own Scholastic stock include Alan J Boyko, Andrews S Hedden, John L Davies, Judith Newman, Paul Hukkanen and Richard Robinson. View Institutional Ownership Trends for Scholastic.

SCHL stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, JPMorgan Chase & Co., Bank of Montreal Can, BlackRock Inc., Blair William & Co. IL, Shell Asset Management Co., Chartwell Investment Partners LLC and Marshall Wace North America L.P.. Company insiders that have sold Scholastic company stock in the last year include Alan J Boyko, Andrews S Hedden, John L Davies, Judith Newman, Paul Hukkanen and Richard Robinson. View Insider Buying and Selling for Scholastic.

SCHL stock was bought by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Lazard Asset Management LLC, Granite Investment Partners LLC, Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., Acadian Asset Management LLC, Geode Capital Management LLC and Trexquant Investment LP. 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 $37.23.

Scholastic has a market capitalization of $1.31 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.

The official website for Scholastic is http://www.scholastic.com/.

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]