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

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

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.

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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.

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 $42.36.

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.

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]