Scholastic (NASDAQ:SCHL) Posts Earnings Results

Scholastic (NASDAQ:SCHL) announced its earnings results on Thursday. The company reported $1.82 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.48), Zacks reports. Scholastic had a net margin of 1.49% and a return on equity of 4.32%. Scholastic updated its FY 2025 guidance to EPS.

Scholastic Trading Down 20.2 %

Shares of Scholastic stock opened at $19.81 on Friday. Scholastic has a 52-week low of $19.74 and a 52-week 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 company’s fifty day moving average price is $25.75 and its two-hundred day moving average price is $29.94. The firm has a market capitalization of $557.39 million, a PE ratio of 35.38 and a beta of 1.07.

Scholastic Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, January 31st will be issued a $0.20 dividend. The ex-dividend date is Friday, January 31st. This represents a $0.80 annualized dividend and a yield of 4.04%. Scholastic’s dividend payout ratio (DPR) is presently 142.86%.

Analysts Set New Price Targets

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

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.