Scholastic Corporation (NASDAQ:SCHL – Free Report) – Analysts at B. Riley raised their Q2 2026 earnings per share estimates for shares of Scholastic in a research note issued to investors on Friday, September 19th. B. Riley analyst D. Crum now expects that the company will post earnings per share of $2.06 for the quarter, up from their prior forecast of $2.03. B. Riley currently has a “Buy” rating and a $37.00 price target on the stock. The consensus estimate for Scholastic’s current full-year earnings is $0.84 per share.
Scholastic (NASDAQ:SCHL – Get Free Report) last posted its quarterly earnings results on Thursday, September 18th. The company reported ($2.52) earnings per share for the quarter, missing the consensus estimate of ($2.44) by ($0.08). The business had revenue of $225.60 million for the quarter, compared to analyst estimates of $240.41 million. Scholastic had a negative net margin of 0.65% and a positive return on equity of 1.08%. During the same period in the previous year, the firm posted ($2.13) earnings per share. Scholastic has set its FY 2026 guidance at EPS.
Read Our Latest Analysis on SCHL
Scholastic Stock Down 12.0%
NASDAQ:SCHL opened at $24.23 on Monday. The firm has a market capitalization of $606.96 million, a price-to-earnings ratio of -36.71 and a beta of 1.24. Scholastic has a 1-year low of $15.77 and a 1-year high of $34.18. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 0.26. The business’s fifty day moving average price is $24.97 and its 200 day moving average price is $20.93.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of SCHL. Signaturefd LLC raised its holdings in Scholastic by 819.5% in the 2nd quarter. Signaturefd LLC now owns 1,223 shares of the company’s stock worth $26,000 after acquiring an additional 1,090 shares during the period. Lazard Asset Management LLC bought a new position in Scholastic in the 4th quarter worth $33,000. GAMMA Investing LLC raised its holdings in Scholastic by 182.4% in the 1st quarter. GAMMA Investing LLC now owns 1,776 shares of the company’s stock worth $34,000 after acquiring an additional 1,147 shares during the period. Tower Research Capital LLC TRC boosted its stake in Scholastic by 458.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,159 shares of the company’s stock valued at $66,000 after purchasing an additional 2,593 shares during the period. Finally, CWM LLC boosted its stake in Scholastic by 508.7% during the 1st quarter. CWM LLC now owns 4,194 shares of the company’s stock valued at $79,000 after purchasing an additional 3,505 shares during the period. Institutional investors own 82.57% of the company’s stock.
Scholastic Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, October 31st will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, October 31st. Scholastic’s dividend payout ratio is -121.21%.
About Scholastic
Scholastic Corporation publishes and distributes children’s books worldwide. It operates in three segments: Children’s Book Publishing and Distribution, Education Solutions, and International. The Children’s Book Publishing and Distribution segment engages in publication and distribution of children’s print, digital, and audio books, as well as media and interactive products through its school reading events and trade channel; and operation of school-based book clubs and book fairs in the United States.
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