Scholastic Co. (NASDAQ:SCHL – Free Report) – Sidoti Csr reduced their Q1 2025 EPS estimates for shares of Scholastic in a research report issued to clients and investors on Monday, September 23rd. Sidoti Csr analyst B. Mccarthy now anticipates that the company will post earnings per share of ($2.48) for the quarter, down from their previous estimate of ($2.29). The consensus estimate for Scholastic’s current full-year earnings is $1.52 per share. Sidoti Csr also issued estimates for Scholastic’s Q2 2025 earnings at $2.93 EPS, Q3 2025 earnings at ($0.95) EPS, FY2025 earnings at $1.23 EPS, Q1 2026 earnings at ($2.61) EPS, Q2 2026 earnings at $3.66 EPS, Q3 2026 earnings at ($0.75) EPS, Q4 2026 earnings at $2.42 EPS and FY2026 earnings at $2.61 EPS.
Scholastic (NASDAQ:SCHL – Get Free Report) last posted its quarterly earnings data on Thursday, September 26th. The company reported ($2.13) earnings per share for the quarter, beating the consensus estimate of ($2.48) by $0.35. The firm had revenue of $237.20 million for the quarter, compared to analysts’ expectations of $233.49 million. Scholastic had a net margin of 0.76% and a return on equity of 3.34%. During the same quarter last year, the company posted ($2.20) EPS.
Check Out Our Latest Stock Analysis on SCHL
Scholastic Stock Up 6.2 %
Shares of NASDAQ:SCHL opened at $32.04 on Thursday. The stock has a market cap of $904.81 million, a PE ratio of 22.10 and a beta of 1.03. The company’s fifty day moving average is $30.89 and its 200 day moving average is $34.23. Scholastic has a 52 week low of $28.47 and a 52 week high of $41.79.
Scholastic Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Thursday, October 31st will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date of this dividend is Thursday, October 31st. Scholastic’s payout ratio is 55.17%.
Insider Buying and Selling at Scholastic
In other news, EVP Iole Lucchese acquired 1,654 shares of the firm’s stock in a transaction on Tuesday, July 23rd. The shares were purchased at an average price of $30.49 per share, for a total transaction of $50,430.46. Following the completion of the transaction, the executive vice president now owns 74,264 shares of the company’s stock, valued at $2,264,309.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, CEO Warwick Peter bought 1,674 shares of the business’s stock in a transaction dated Tuesday, July 23rd. The shares were purchased at an average price of $30.46 per share, with a total value of $50,990.04. Following the purchase, the chief executive officer now owns 104,349 shares of the company’s stock, valued at approximately $3,178,470.54. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Iole Lucchese bought 1,654 shares of the business’s stock in a transaction dated Tuesday, July 23rd. The shares were bought at an average cost of $30.49 per share, for a total transaction of $50,430.46. Following the purchase, the executive vice president now directly owns 74,264 shares in the company, valued at approximately $2,264,309.36. The disclosure for this purchase can be found here. Corporate insiders own 18.62% of the company’s stock.
Institutional Investors Weigh In On Scholastic
Hedge funds have recently bought and sold shares of the business. Jacobs Levy Equity Management Inc. raised its holdings in Scholastic by 16.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 306,017 shares of the company’s stock worth $11,540,000 after buying an additional 43,199 shares during the last quarter. Acadian Asset Management LLC purchased a new position in Scholastic in the second quarter worth about $1,295,000. Allianz Asset Management GmbH raised its holdings in Scholastic by 55.6% in the fourth quarter. Allianz Asset Management GmbH now owns 64,154 shares of the company’s stock worth $2,419,000 after buying an additional 22,933 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Scholastic by 24.7% in the first quarter. Russell Investments Group Ltd. now owns 26,754 shares of the company’s stock worth $1,009,000 after buying an additional 5,299 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Scholastic by 11.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,356 shares of the company’s stock worth $579,000 after buying an additional 1,612 shares during the last quarter. Institutional investors own 82.57% of the company’s stock.
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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