NYSE:LRNK12 Stock Price, Forecast & News

K12's stock was trading at $17.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LRN shares have increased by 47.2% and is now trading at $25.26. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for K12 in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for K12.

K12 is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for K12.

K12 Inc. (NYSE:LRN) issued its earnings results on Monday, April, 27th. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.03. The business earned $257.15 million during the quarter, compared to the consensus estimate of $253.83 million. K12 had a net margin of 2.23% and a return on equity of 3.56%. K12's revenue was up 1.5% on a year-over-year basis. During the same period last year, the business earned $0.44 earnings per share. View K12's earnings history.

K12 issued an update on its FY 2020 After-Hours earnings guidance on Monday, April, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.033-1.04 billion, compared to the consensus revenue estimate of $1.03 billion.

4 brokerages have issued 1 year target prices for K12's shares. Their forecasts range from $23.00 to $30.00. On average, they anticipate K12's share price to reach $27.67 in the next year. This suggests a possible upside of 9.5% from the stock's current price. View analysts' price targets for K12.

News coverage about LRN stock has trended very negative on Tuesday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. K12 earned a news impact score of -3.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutK12.

K12 saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,420,000 shares, an increase of 10.1% from the April 30th total of 1,290,000 shares. Based on an average trading volume of 743,700 shares, the short-interest ratio is currently 1.9 days. Currently, 3.6% of the company's shares are sold short. View K12's Current Options Chain.

Some companies that are related to K12 include Bright Horizons Family Solutions (BFAM), Grand Canyon Education (LOPE), Strategic Education (STRA), Adtalem Global Education (ATGE), American Public Education (APEI), Universal Technical Institute (UTI), Lincoln Educational Services (LINC), National American University Holdngs (NAUH), Corinthian Colleges (COCOQ) and ITT Educational Services (ESINQ). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other K12 investors own include Ring Energy (REI), Ring Energy (REI), General Electric (GE), IBM (IBM), Advanced Micro Devices (AMD), CNX Resources (CNX), Corbus Pharmaceuticals (CRBP), Cypress Semiconductor (CY), AT&T (T) and Alnylam Pharmaceuticals (ALNY).

K12 trades on the New York Stock Exchange (NYSE) under the ticker symbol "LRN."

K12's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.09%), Fuller & Thaler Asset Management Inc. (3.97%), Acadian Asset Management LLC (2.80%), Janus Henderson Group PLC (2.76%), Clearbridge Investments LLC (2.56%) and JPMorgan Chase & Co. (2.20%). Company insiders that own K12 stock include Howard D Polsky, Kevin Chavous and Nathaniel A Davis. View institutional ownership trends for K12.

LRN stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., AQR Capital Management LLC, Acadian Asset Management LLC, Federated Hermes Inc., Janus Henderson Group PLC, Alliancebernstein L.P., Parametric Portfolio Associates LLC, and Principal Financial Group Inc.. View insider buying and selling activity for K12.

LRN stock was purchased by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Portolan Capital Management LLC, Matarin Capital Management LLC, Invenomic Capital Management LP, Systematic Financial Management LP, Alyeska Investment Group L.P., Rice Hall James & Associates LLC, and Rice Hall James & Associates LLC. View insider buying and selling activity for K12.

Shares of LRN 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 LRN stock can currently be purchased for approximately $25.26.

K12 has a market capitalization of $1.04 billion and generates $1.02 billion in revenue each year. The company earns $37.21 million in net income (profit) each year or $0.91 on an earnings per share basis. K12 employs 4,550 workers across the globe.

The official website for K12 is www.k12.com.

K12's mailing address is 2300 Corporate Park Drive, Herndon VA, 20171. The company can be reached via phone at 703-483-7000 or via email at [email protected]