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

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$42.36 -0.25 (-0.59 %)
(As of 02/19/2019 03:45 AM ET)
Previous Close$42.61
Today's Range$42.11 - $42.93
52-Week Range$33.85 - $47.94
Volume92,821 shs
Average Volume97,351 shs
Market Capitalization$1.49 billion
P/E Ratio29.62
Dividend Yield1.41%
Beta0.79
Scholastic Corporation publishes and distributes children's books worldwide. It operates in three segments: Children's Book Publishing and Distribution, Education, and International. The Children's Book Publishing and Distribution segment publishes and distributes children's books, e-books, media, and interactive products through its school book club and school book fair channels, as well as through its trade channel. Its original publications include Harry Potter, The Hunger Games, The 39 Clues, Spirit Animals, The Magic School Bus, I Spy, Captain Underpants, Dog Man, Goosebumps, and Clifford The Big Red Dog; and licensed properties comprise Star Wars, Lego, Pokemon, and Geronimo Stilton. In addition, this segment publishes and creates books plus products for children, including titles, such as Sew Mini Treats, Lego Chain Reactions, and Make Your Own Bath Bombs under the Klutz name. The Education segment publishes and distributes classroom magazines under the Scholastic News, Scope, Storyworks, Let's Find Out, and Junior Scholastic names; non-fiction books under the Children's Press and Franklin Watts names; consumer magazine and custom products under the Teacher magazine name; and literacy curriculum products under the Scholastic Literacy name, as well as provides children's books, other print and online references, fiction focused products, classroom materials, and consulting services. The International segment offers original trade and educational publishing programs; distributes children's books, digital educational resources, and other materials through school-based book clubs, school-based book fairs, and trade channels; produces and distributes magazines; and offers online services. This segment has operations in approximately 135 countries. 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.

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Industry, Sector and Symbol

Industry Book publishing
Sub-IndustryPublishing
SectorConsumer Staples
Current SymbolNASDAQ:SCHL
CUSIP80706610
Phone212-343-6100

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.63 billion
Cash Flow$3.4024 per share
Book Value$37.85 per share

Profitability

Net Income$-5,000,000.00

Miscellaneous

Employees9,000
Market Cap$1.49 billion
OptionableOptionable

Scholastic (NASDAQ:SCHL) Frequently Asked Questions

What is Scholastic's stock symbol?

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

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

Scholastic announced a quarterly dividend on Wednesday, December 12th. Stockholders of record on Thursday, January 31st will be paid a dividend of $0.15 per share on Friday, March 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date of this dividend is Wednesday, January 30th. View Scholastic's Dividend History.

How will Scholastic's stock buyback program work?

Scholastic announced that its board has initiated a stock buyback program on Thursday, March 22nd 2018, which permits the company to repurchase $50,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

How were Scholastic's earnings last quarter?

Scholastic Corp (NASDAQ:SCHL) announced its quarterly earnings data on Thursday, December, 20th. The company reported $2.09 EPS for the quarter, missing the Zacks' consensus estimate of $2.16 by $0.07. The firm earned $604.70 million during the quarter, compared to analysts' expectations of $602.20 million. Scholastic had a return on equity of 4.36% and a net margin of 0.72%. The company's revenue was up 1.1% compared to the same quarter last year. During the same quarter last year, the business posted ($1.81) EPS. View Scholastic's Earnings History.

When is Scholastic's next earnings date?

Scholastic is scheduled to release their next quarterly earnings announcement on Wednesday, March 20th 2019. View Earnings Estimates for Scholastic.

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

Scholastic updated its FY19 earnings guidance on Thursday, December, 20th. The company provided earnings per share (EPS) guidance of $1.60-1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.73. The company issued revenue guidance of $1.65-1.70 billion, compared to the consensus revenue estimate of $1.69 billion.Scholastic also updated its FY 2019 guidance to $1.60-1.70 EPS.

What price target have analysts set for SCHL?

3 equities research analysts have issued 1 year target prices for Scholastic's stock. Their predictions range from $44.00 to $44.00. On average, they anticipate Scholastic's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for Scholastic.

What is the consensus analysts' recommendation for Scholastic?

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

Has Scholastic been receiving favorable news coverage?

Press coverage about SCHL stock has trended positive recently, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Scholastic earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the near future.

Who are some of Scholastic's key competitors?

Who are Scholastic's key executives?

Scholastic's management team includes the folowing people:
  • Mr. Richard Robinson, Chairman, Pres & CEO (Age 82)
  • Mr. Kenneth J. Cleary, Chief Financial Officer (Age 54)
  • Mr. Andrew Stearns Hedden, Exec. VP, Gen. Counsel, Sec. & Director (Age 78)
  • Ms. Judith A. Newman, Exec. VP (Age 61)
  • Mr. Alan J. Boyko, Pres of Scholastic Book Fairs Inc (Age 65)

Who are Scholastic's major shareholders?

Scholastic's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.87%), Dimensional Fund Advisors LP (7.98%), Royce & Associates LP (5.84%), Northern Trust Corp (3.40%), Bank of New York Mellon Corp (2.26%) and Acadian Asset Management LLC (1.80%). Company insiders that own Scholastic stock include Alan J Boyko, Andres A Alonso, Andrews S Hedden, John L Davies, Judith Newman, Paul Hukkanen and Richard Robinson. View Institutional Ownership Trends for Scholastic.

Which institutional investors are selling Scholastic stock?

SCHL stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Ceredex Value Advisors LLC, Northpointe Capital LLC, Royce & Associates LP, Suntrust Banks Inc., Virginia Retirement Systems ET AL, Granite Investment Partners LLC and D. E. Shaw & Co. Inc.. 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.

Which institutional investors are buying Scholastic stock?

SCHL stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Zacks Investment Management, Geode Capital Management LLC, Rhumbline Advisers, Bank of America Corp DE, Northern Trust Corp and Bank of Montreal Can. View Insider Buying and Selling for Scholastic.

How do I buy shares of 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.

What is Scholastic's stock price today?

One share of SCHL stock can currently be purchased for approximately $42.36.

How big of a company is Scholastic?

Scholastic has a market capitalization of $1.49 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.

What is Scholastic's official website?

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

How can I contact Scholastic?

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]


MarketBeat Community Rating for Scholastic (NASDAQ SCHL)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  184 (Vote Outperform)
Underperform Votes:  205 (Vote Underperform)
Total Votes:  389
MarketBeat's community ratings are surveys of what our community members think about Scholastic and other stocks. Vote "Outperform" if you believe SCHL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCHL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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