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

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$37.35 -0.18 (-0.48 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$37.53
Today's Range$37.17 - $37.8450
52-Week Range$36.12 - $47.94
Volume79,763 shs
Average Volume120,114 shs
Market Capitalization$1.32 billion
P/E Ratio26.12
Dividend Yield1.60%
Beta0.74
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$3.4235 per share
Book Value$37.85 per share

Profitability

Net Income$-5,000,000.00

Miscellaneous

Employees9,000
Market Cap$1.32 billion
Next Earnings Date7/18/2019 (Estimated)
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, March 20th. Shareholders of record on Tuesday, April 30th will be paid 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 is Monday, April 29th. View Scholastic's Dividend History.

How will Scholastic's stock buyback program work?

Scholastic declared that its Board of Directors has authorized a stock repurchase plan 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 purchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

How were Scholastic's earnings last quarter?

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

When is Scholastic's next earnings date?

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

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

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

What price target have analysts set for SCHL?

2 brokerages have issued 1-year price objectives for Scholastic's shares. Their predictions range from $44.00 to $44.00. On average, they expect Scholastic's share price to reach $44.00 in the next year. This suggests a possible upside of 17.8% from the stock's current price. View Analyst Price Targets for Scholastic.

What is the consensus analysts' recommendation 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.

Has Scholastic been receiving favorable news coverage?

Media headlines about SCHL stock have trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Scholastic earned a news impact score of -2.0 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of Scholastic's key competitors?

What other stocks do shareholders of Scholastic own?

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).

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 retail and institutional 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.

Which major investors are selling Scholastic stock?

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.

Which major investors are buying Scholastic stock?

SCHL stock was purchased 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.

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 $37.35.

How big of a company is Scholastic?

Scholastic has a market capitalization of $1.32 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:  2.3 out of 5 (star star)
Outperform Votes:  189 (Vote Outperform)
Underperform Votes:  215 (Vote Underperform)
Total Votes:  404
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 5/22/2019 by MarketBeat.com Staff

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