FY2026 EPS Estimates for Scholastic Decreased by Sidoti Csr

Scholastic Co. (NASDAQ:SCHL) – Equities research analysts at Sidoti Csr dropped their FY2026 earnings estimates for shares of Scholastic in a report issued on Friday, December 20th. Sidoti Csr analyst B. Mccarthy now forecasts that the company will post earnings of $2.40 per share for the year, down from their previous estimate of $2.61. The consensus estimate for Scholastic’s current full-year earnings is $1.41 per share.

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

Scholastic Trading Down 20.2 %

NASDAQ:SCHL opened at $19.81 on Monday. Scholastic has a 12-month low of $19.74 and a 12-month high of $40.74. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.14 and a quick ratio of 0.64. The business has a 50 day simple moving average of $25.61 and a 200 day simple moving average of $29.79. The firm has a market capitalization of $557.39 million, a P/E ratio of 35.38 and a beta of 1.07.

Scholastic (NASDAQ:SCHL) last issued its earnings results on Thursday, December 19th. The company reported $1.82 EPS for the quarter, missing analysts’ consensus estimates of $2.30 by ($0.48). Scholastic had a net margin of 1.49% and a return on equity of 4.32%.

Scholastic Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, January 31st will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.80 annualized dividend and a dividend yield of 4.04%. Scholastic’s payout ratio is currently 142.86%.

Hedge Funds Weigh In On Scholastic

Hedge funds and other institutional investors have recently made changes to their positions in the business. nVerses Capital LLC acquired a new stake in Scholastic in the 2nd quarter valued at approximately $35,000. Meeder Asset Management Inc. acquired a new position in shares of Scholastic during the third quarter valued at $46,000. Innealta Capital LLC bought a new stake in shares of Scholastic during the second quarter valued at about $64,000. FMR LLC grew its position in Scholastic by 58.8% in the 3rd quarter. FMR LLC now owns 2,346 shares of the company’s stock valued at $75,000 after buying an additional 869 shares in the last quarter. Finally, Paloma Partners Management Co bought a new position in Scholastic in the 3rd quarter valued at about $243,000. 82.57% of the stock is currently owned by institutional investors and hedge funds.

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.