Sidoti Csr Issues Negative Forecast for Scholastic Earnings

Scholastic Corporation (NASDAQ:SCHL) – Analysts at Sidoti Csr cut their FY2026 earnings per share estimates for shares of Scholastic in a research note issued on Monday, September 8th. Sidoti Csr analyst B. Mccarthy now anticipates that the company will post earnings of $1.37 per share for the year, down from their prior estimate of $1.40. The consensus estimate for Scholastic’s current full-year earnings is $0.84 per share. Sidoti Csr also issued estimates for Scholastic’s Q4 2026 earnings at $2.02 EPS.

Scholastic (NASDAQ:SCHL) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. Scholastic had a positive return on equity of 1.39% and a negative net margin of 0.12%.The company had revenue of $508.30 million during the quarter, compared to analysts’ expectations of $494.59 million. Scholastic has set its FY 2026 guidance at EPS.

Other equities analysts have also recently issued research reports about the company. Wall Street Zen cut Scholastic from a “buy” rating to a “hold” rating in a report on Friday, September 5th. B. Riley started coverage on Scholastic in a report on Wednesday, September 3rd. They issued a “buy” rating and a $37.00 target price for the company. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $37.00.

Scholastic Price Performance

Scholastic stock opened at $27.38 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.76 and a current ratio of 1.16. Scholastic has a 52 week low of $15.77 and a 52 week high of $34.18. The stock has a market capitalization of $685.87 million, a P/E ratio of -684.50 and a beta of 1.24. The stock has a fifty day moving average of $24.36 and a 200-day moving average of $20.70.

Institutional Investors Weigh In On Scholastic

Several institutional investors and hedge funds have recently made changes to their positions in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Scholastic by 4.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,221 shares of the company’s stock valued at $282,000 after buying an additional 530 shares during the period. US Bancorp DE boosted its position in shares of Scholastic by 6.2% during the 1st quarter. US Bancorp DE now owns 11,137 shares of the company’s stock valued at $210,000 after purchasing an additional 654 shares in the last quarter. Signaturefd LLC boosted its position in shares of Scholastic by 819.5% during the 2nd quarter. Signaturefd LLC now owns 1,223 shares of the company’s stock valued at $26,000 after purchasing an additional 1,090 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Scholastic by 182.4% during the 1st quarter. GAMMA Investing LLC now owns 1,776 shares of the company’s stock valued at $34,000 after purchasing an additional 1,147 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its position in shares of Scholastic by 1.9% during the 2nd quarter. Public Sector Pension Investment Board now owns 80,195 shares of the company’s stock valued at $1,682,000 after purchasing an additional 1,509 shares in the last quarter. Institutional investors and hedge funds own 82.57% of the company’s stock.

Scholastic Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 29th. Scholastic’s dividend payout ratio is presently -2,000.00%.

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.