NYSE:LRNK12 Stock Price, Forecast & News

K12's stock was trading at $17.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LRN stock has increased by 129.0% and is now trading at $39.29. 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 1 hold rating and 3 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 quarterly earnings results on Monday, April, 27th. The company reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.03. The company had revenue of $257.15 million for the quarter, compared to analyst estimates of $253.83 million. K12 had a return on equity of 3.56% and a net margin of 2.23%. K12's quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.44 EPS. View K12's earnings history.

K12 issued an update on its FY 2020 After-Hours earnings guidance on Monday, April, 27th. The company provided earnings per share (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 twelve-month price objectives for K12's shares. Their forecasts range from $30.00 to $34.00. On average, they anticipate K12's stock price to reach $32.00 in the next year. This suggests that the stock has a possible downside of 18.6%. View analysts' price targets for K12.

Media headlines about LRN stock have trended somewhat negative recently, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. K12 earned a coverage optimism score of -1.5 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about K12.

K12 saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,910,000 shares, an increase of 11.0% from the June 15th total of 1,720,000 shares. Based on an average trading volume of 553,600 shares, the short-interest ratio is currently 3.5 days. Currently, 4.8% of the shares of the stock 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 a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.04%) and Alpha Windward LLC (0.03%). Company insiders that own K12 stock include Howard D Polsky, James Jeaho Rhyu, Kevin Chavous, Nathaniel A Davis and Vincent Mathis. View institutional ownership trends for K12.

LRN stock was acquired by a variety of institutional investors in the last quarter, including Alpha Windward LLC, and Envestnet Asset Management Inc.. 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 $39.29.

K12 has a market capitalization of $1.61 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]