Scholastic Stock Price, News & Analysis (NASDAQ:SCHL)

Scholastic's stock was trading at $39.46 at the beginning of 2023. Since then, SCHL shares have increased by 0.8% and is now trading at $39.77.
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Scholastic saw a drop in short interest in the month of November. As of November 15th, there was short interest totaling 573,600 shares, a drop of 16.0% from the October 31st total of 683,100 shares. Based on an average trading volume of 234,300 shares, the short-interest ratio is currently 2.4 days. Currently, 2.3% of the company's stock are short sold.
View Scholastic's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 14th 2023.
View our SCHL earnings forecast.

Scholastic Co. (NASDAQ:SCHL) posted its earnings results on Thursday, September, 21st. The company reported ($2.20) EPS for the quarter, missing analysts' consensus estimates of ($1.35) by $0.85. The business earned $228.50 million during the quarter, compared to the consensus estimate of $268.79 million. Scholastic had a net margin of 3.45% and a trailing twelve-month return on equity of 5.43%. During the same quarter in the previous year, the company posted ($1.33) EPS.

Scholastic announced a quarterly dividend on Wednesday, September 20th. Investors of record on Tuesday, October 31st will be given a dividend of $0.20 per share on Friday, December 15th. This represents a $0.80 annualized dividend and a yield of 2.01%. The ex-dividend date is Monday, October 30th.
Read our dividend analysis for SCHL.

Scholastic (NASDAQ:SCHL) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.03%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 54.79%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SCHL will have a dividend payout ratio of 25.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SCHL.

ETFs with the largest weight of Scholastic (NASDAQ:SCHL) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Invesco Next Gen Media and Gaming ETF (PBS), Cambria Value and Momentum ETF (VAMO), Global X Education ETF (EDUT), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), EA Bridgeway Omni Small-Cap Value ETF (BSVO) and Small Cap US Equity Select ETF (RNSC).

Scholastic issued an update on its FY 2024 earnings guidance on Friday, September, 22nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.76 billion-$1.79 billion, compared to the consensus revenue estimate of $1.79 billion.

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.

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).

Scholastic's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of New York Mellon Corp (2.12%), FMR LLC (1.48%), Northern Trust Corp (1.39%), Charles Schwab Investment Management Inc. (1.32%), American Century Companies Inc. (1.13%) and Jacobs Levy Equity Management Inc. (0.95%). Insiders that own company stock include John L Davies, Paul Hukkanen, Richard Robinson, Sasha Quinton and Warwick Peter.
View institutional ownership trends.

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