Shares of Scholastic Corporation (NASDAQ:SCHL – Get Free Report) reached a new 52-week high on Friday following a stronger than expected earnings report. The stock traded as high as $38.58 and last traded at $38.1370, with a volume of 247320 shares traded. The stock had previously closed at $34.24.
The company reported ($0.15) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.45. The company had revenue of $329.10 million for the quarter, compared to the consensus estimate of $331.53 million. Scholastic had a positive return on equity of 2.66% and a negative net margin of 0.21%.
Scholastic Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, April 30th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.1%. Scholastic’s dividend payout ratio (DPR) is presently -400.00%.
Key Stories Impacting Scholastic
- Positive Sentiment: Board authorized a modified Dutch‑auction tender offer to repurchase up to $200 million of stock (part of a $300M total buyback authorization). The expected purchase range of $36–$40/share provides near‑term demand for shares and signals management confidence in the business. Scholastic Announces Intent to Repurchase Up to $200 Million
- Positive Sentiment: Q3 results: EPS loss narrower than expected — reported ($0.15) vs. consensus ($0.60) — beating estimates on the bottom line despite a slight revenue miss. The EPS outperformance reduces downside surprise risk and supports valuation improvement. Scholastic Reports Fiscal 2026 Third Quarter Results (Press Release / Slide Deck)
- Positive Sentiment: Analyst sentiment: a Seeking Alpha note flagged a rating upgrade / improved outlook, which can lift investor confidence and trading interest. Scholastic Has A New Lease On Life (Rating Upgrade)
- Neutral Sentiment: Board also declared a quarterly cash dividend of $0.20/share (payable June 15, 2026), providing income return to shareholders but not a large yield. Scholastic Announces Fourth Quarter Dividend
- Negative Sentiment: Revenue shortfall and softer Children’s Book sales: total revenue of $329.1M missed some analyst estimates and management noted weakness in certain book categories, which could pressure top‑line recovery if trends persist. Scholastic beats Q3 EPS estimates, but misses on revenue amid lower Children’s Book sales
- Negative Sentiment: Profitability remains thin: the company still posts a negative net margin and an overall loss for the quarter, and the business faces margin recovery challenges despite balance‑sheet improvements. For more detail, see the earnings call transcript. Scholastic Q3 2026 Earnings Call Transcript
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on the stock. Zacks Research cut shares of Scholastic from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 5th. Weiss Ratings upgraded Scholastic from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, January 30th. Finally, B. Riley Financial reiterated a “neutral” rating and set a $37.00 target price on shares of Scholastic in a research report on Monday, March 9th. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $37.00.
Read Our Latest Research Report on SCHL
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of SCHL. Vanguard Group Inc. boosted its stake in Scholastic by 3.8% during the fourth quarter. Vanguard Group Inc. now owns 1,593,981 shares of the company’s stock valued at $47,230,000 after buying an additional 59,017 shares during the last quarter. Alliancebernstein L.P. increased its stake in Scholastic by 879.3% in the 3rd quarter. Alliancebernstein L.P. now owns 1,159,261 shares of the company’s stock worth $31,741,000 after acquiring an additional 1,040,880 shares during the last quarter. J. Goldman & Co LP raised its holdings in shares of Scholastic by 4.1% during the 4th quarter. J. Goldman & Co LP now owns 797,878 shares of the company’s stock worth $23,641,000 after acquiring an additional 31,427 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Scholastic by 6.4% during the 3rd quarter. American Century Companies Inc. now owns 739,366 shares of the company’s stock worth $20,244,000 after acquiring an additional 44,558 shares in the last quarter. Finally, Bragg Financial Advisors Inc boosted its position in shares of Scholastic by 13.0% during the 4th quarter. Bragg Financial Advisors Inc now owns 668,904 shares of the company’s stock valued at $19,820,000 after acquiring an additional 76,801 shares during the last quarter. Hedge funds and other institutional investors own 82.57% of the company’s stock.
Scholastic Stock Performance
The business’s fifty day moving average is $34.18 and its two-hundred day moving average is $30.35. The company has a quick ratio of 1.24, a current ratio of 1.67 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $978.30 million, a PE ratio of -190.68 and a beta of 1.17.
About Scholastic
Scholastic Corporation (NASDAQ: SCHL) is a global company dedicated to children’s publishing, education technology and distribution services. The company’s core business encompasses three primary segments: Children’s Book Publishing and Distribution, Education Technology, and International operations. Through its publishing arm, Scholastic produces and distributes a wide range of children’s books, novels, nonfiction titles and classroom magazines under well-known imprints such as Scholastic Press, Graphix and Chicken House.
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