
Scholastic Corporation (NASDAQ:SCHL – Free Report) – Analysts at Sidoti cut their Q3 2027 EPS estimates for Scholastic in a note issued to investors on Friday, September 25th. Sidoti analyst B. Mccarthy now anticipates that the company will post earnings per share of ($0.88) for the quarter, down from their previous forecast of ($0.84). The consensus estimate for Scholastic’s current full-year earnings is $1.41 per share. Sidoti also issued estimates for Scholastic’s FY2027 earnings at $1.29 EPS, Q1 2028 earnings at ($3.31) EPS, Q3 2028 earnings at ($0.72) EPS and Q4 2028 earnings at $2.81 EPS.
Scholastic (NASDAQ:SCHL – Get Free Report) last released its quarterly earnings results on Thursday, September 24th. The company reported ($3.63) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($3.42) by ($0.21). The firm had revenue of $216.80 million for the quarter, compared to analyst estimates of $224.69 million. Scholastic had a net margin of 3.60% and a return on equity of 4.71%.
View Our Latest Analysis on Scholastic
Scholastic Trading Up 3.6%
Scholastic stock opened at $34.80 on Tuesday. Scholastic has a 52 week low of $26.38 and a 52 week high of $48.07. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.78 and a current ratio of 1.23. The firm has a market capitalization of $656.33 million, a price-to-earnings ratio of 24.86, a P/E/G ratio of 1.83 and a beta of 1.01. The company has a 50 day moving average price of $38.92 and a 200 day moving average price of $40.43.
Scholastic Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Friday, October 30th will be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, October 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.9%. Scholastic’s dividend payout ratio (DPR) is currently 71.43%.
Insider Transactions at Scholastic
In other news, Director Andres A. Alonso sold 2,112 shares of the company’s stock in a transaction that occurred on Wednesday, August 26th. The stock was sold at an average price of $40.28, for a total transaction of $85,071.36. Following the completion of the transaction, the director directly owned 21,189 shares in the company, valued at $853,492.92. The trade was a 9.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kaya Henderson sold 3,250 shares of the stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $40.25, for a total transaction of $130,812.50. Following the completion of the sale, the director directly owned 7,113 shares of the company’s stock, valued at approximately $286,298.25. This trade represents a 31.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 294,986 shares of company stock worth $11,731,334. 12.77% of the stock is owned by insiders.
Institutional Trading of Scholastic
Several institutional investors have recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new stake in Scholastic during the second quarter worth $43,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Scholastic during the second quarter worth approximately $56,000. State of Wyoming acquired a new stake in Scholastic during the 2nd quarter valued at $115,000. iSAM Funds UK Ltd bought a new position in shares of Scholastic in the second quarter valued at about $235,000. Finally, Pallas Capital Advisors LLC bought a new position in shares of Scholastic in the second quarter worth about $247,000. Institutional investors and hedge funds own 82.57% of the company’s stock.
Key Stories Impacting Scholastic
Here are the key news stories impacting Scholastic this week:
- Positive Sentiment: Strategic acquisition supports growth outlook: Scholastic agreed to acquire Cottage Door Press for approximately $71 million, subject to customary adjustments. The deal expands Scholastic’s early-childhood publishing portfolio and adds opportunities across formats and distribution channels. Scholastic to Acquire Cottage Door Press
- Positive Sentiment: Investors reacted positively to the transaction: Reports said SCHL shares climbed in premarket trading after the acquisition announcement, suggesting the market views Cottage Door Press as a potentially valuable growth asset. Scholastic To Buy Cottage Door Press
- Neutral Sentiment: Management and analysts focused on operating trends: Discussion of the earnings call highlighted book-fair performance, franchise activity and questions around the company’s outlook. These factors could determine whether the acquisition and publishing strategy translate into stronger results. The 5 most interesting analyst questions from Scholastic’s Q3 earnings call
- Negative Sentiment: Recent results and education headwinds remain weighing on sentiment: Scholastic’s latest quarter produced a larger-than-expected loss and revenue below analyst forecasts. Coverage also cited pressure from education-related conditions, book-fair trends and franchise activity. SCHL Q3 Deep Dive
- Negative Sentiment: Analysts reduced longer-term earnings forecasts: Sidoti lowered its FY2027 EPS estimate to $1.29 from $1.46 and trimmed several quarterly forecasts, reinforcing concerns about the pace of earnings recovery. B. Riley also cut its price target to $35 and maintained a neutral rating. Scholastic analyst estimates
About Scholastic
Scholastic Corporation is a global children’s publishing, education and media company. Founded in 1920 by M. R. Robinson, the company develops and distributes books, classroom materials, digital learning resources and educational media for children, families, teachers and schools.
Its publishing portfolio includes original and licensed children’s books, series and educational titles, while its education business provides classroom magazines, supplemental curriculum materials, professional learning resources and digital platforms.
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