NASDAQ:SCHL - Scholastic Stock Price, Forecast & News

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

Scholastic declared a quarterly dividend on Thursday, December 12th. Investors of record on Friday, January 31st will be paid a dividend of $0.15 per share on Monday, March 16th. This represents a $0.60 annualized dividend and a yield of 1.75%. The ex-dividend date of this dividend is Thursday, January 30th. View Scholastic's Dividend History.

Scholastic declared that its board has initiated a share buyback program 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's board believes its stock is undervalued.

Scholastic Corp (NASDAQ:SCHL) released its quarterly earnings data on Thursday, December, 19th. The company reported $2.06 EPS for the quarter, topping the consensus estimate of $1.77 by $0.29. The firm earned $597.20 million during the quarter, compared to analyst estimates of $591 million. Scholastic had a net margin of 1.07% and a return on equity of 3.73%. The business's revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.09 EPS. View Scholastic's Earnings History.

Scholastic is scheduled to release their next quarterly earnings announcement on Thursday, March 19th 2020. View Earnings Estimates for Scholastic.

Scholastic updated its FY 2020 After-Hours earnings guidance on Thursday, December, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.67-1.7 billion, compared to the consensus revenue estimate of $1.69 billion.

Media stories about SCHL stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scholastic earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Scholastic.

Scholastic saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 697,800 shares, an increase of 22.5% from the December 31st total of 569,700 shares. Based on an average daily trading volume, of 158,300 shares, the short-interest ratio is presently 4.4 days. Approximately 2.4% of the company's stock are short sold. View Scholastic's Current Options Chain.

Some companies that are related to Scholastic include Thomson Reuters (TRI), Morningstar (MORN), New York Times (NYT), JOHN WILEY & SONS -CL A (JW.A), Shutterstock (SSTK), Meredith (MDP), E. W. Scripps (SSP), Daily Journal (DJCO), Value Line (VALU) and McClatchy (MNI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Scholastic investors own include Metlife (MET), Brighthouse Financial (BHF), iShares 3-7 Year Treasury Bond ETF (IEI), iShares California Muni Bond ETF (CMF), Walt Disney (DIS), Meredith (MDP), AT&T (T), Las Vegas Sands (LVS), Twitter (TWTR) and Mattel (MAT).

Scholastic's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.05%), Alpha Windward LLC (0.04%), Louisiana State Employees Retirement System (0.03%) and Ferris Capital LLC (0.03%). 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 Nisa Investment Advisors LLC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for Scholastic.

SCHL stock was purchased by a variety of institutional investors in the last quarter, including Ferris Capital LLC and Alpha Windward 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, Robinhood, Fidelity and Charles Schwab.

One share of SCHL stock can currently be purchased for approximately $34.29.

Scholastic has a market capitalization of $1.19 billion and generates $1.65 billion in revenue each year. The company earns $15.60 million in net income (profit) each year or $1.08 on an earnings per share basis. Scholastic employs 8,900 workers across the globe.View Additional Information About Scholastic.

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]