FY2026 EPS Estimates for Scholastic Cut by Sidoti Csr

Scholastic Co. (NASDAQ:SCHL) – Sidoti Csr dropped their FY2026 EPS estimates for Scholastic in a report released on Tuesday, December 10th. Sidoti Csr analyst B. Mccarthy now anticipates that the company will post earnings per share of $2.61 for the year, down from their prior forecast of $2.73. The consensus estimate for Scholastic’s current full-year earnings is $1.41 per share.

Separately, StockNews.com downgraded Scholastic from a “buy” rating to a “hold” rating in a report on Saturday, October 5th.

Scholastic Stock Up 0.0 %

Scholastic stock opened at $25.58 on Thursday. The company has a 50 day moving average of $25.89 and a 200-day moving average of $30.26. The stock has a market capitalization of $719.82 million, a PE ratio of 45.68 and a beta of 1.07. The company has a quick ratio of 0.64, a current ratio of 1.14 and a debt-to-equity ratio of 0.24. Scholastic has a twelve month low of $23.69 and a twelve month high of $41.79.

Scholastic (NASDAQ:SCHL) last released its earnings results on Thursday, September 26th. The company reported ($2.13) EPS for the quarter, topping analysts’ consensus estimates of ($2.48) by $0.35. Scholastic had a net margin of 1.49% and a return on equity of 4.32%. The firm had revenue of $237.20 million during the quarter, compared to analyst estimates of $233.49 million. During the same quarter in the previous year, the business earned ($2.20) EPS.

Hedge Funds Weigh In On Scholastic

A number of hedge funds have recently added to or reduced their stakes in SCHL. Pacer Advisors Inc. raised its position in Scholastic by 18.1% during the second quarter. Pacer Advisors Inc. now owns 1,120,491 shares of the company’s stock valued at $39,744,000 after purchasing an additional 171,775 shares in the last quarter. Azarias Capital Management L.P. increased its holdings in Scholastic by 32.7% in the 2nd quarter. Azarias Capital Management L.P. now owns 264,565 shares of the company’s stock worth $9,384,000 after purchasing an additional 65,120 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in shares of Scholastic by 744.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 65,625 shares of the company’s stock worth $2,101,000 after purchasing an additional 57,852 shares during the last quarter. American Century Companies Inc. raised its position in shares of Scholastic by 13.2% during the second quarter. American Century Companies Inc. now owns 488,259 shares of the company’s stock worth $17,319,000 after acquiring an additional 56,835 shares during the last quarter. Finally, Millennium Management LLC lifted its position in shares of Scholastic by 45.0% in the 2nd quarter. Millennium Management LLC now owns 182,630 shares of the company’s stock worth $6,478,000 after purchasing an additional 56,647 shares during the period. Institutional investors own 82.57% of the company’s stock.

Scholastic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date is Friday, January 31st. Scholastic’s dividend payout ratio is currently 142.86%.

Scholastic Company Profile

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.