<div id="readability-page-1"><p>Scholastic (NASDAQ:SCHL - Get Free Report) declared that its board has initiated a stock repurchase plan on Friday, March 20th, RTT News reports. The company plans to repurchase $200.00 million in    shares. This repurchase authorization authorizes the company to repurchase up to 23% of its stock  through open market purchases. Stock  repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.</p><h2>Scholastic Stock Up 8.8%</h2><p>Scholastic stock traded up $3.01 during mid-day trading on Friday, hitting $37.25. The company's stock had a trading volume of 2,353,115 shares, compared to its average volume of 402,231. Scholastic has a 52-week low of $15.77 and a 52-week high of $38.94. The company has a market cap of $947.64 million, a PE ratio of 15.02 and a beta of 1.17. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.67 and a quick ratio of 1.24. The firm's 50 day moving average is $34.26 and its 200 day moving average is $30.43. </p><p>Scholastic (NASDAQ:SCHL - Get Free Report) last released its earnings results on Thursday, March 19th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.37) by $0.22. Scholastic had a net margin of 3.88% and a return on equity of 2.44%. The company had revenue of $329.10 million during the quarter, compared to the consensus estimate of $331.53 million.  On average, analysts anticipate that  Scholastic will post 0.84 earnings per share for the current year. </p><h2>Scholastic Announces Dividend</h2><p>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 is Thursday, April 30th. This represents a $0.80 dividend on an annualized basis and a yield of 2.1%. Scholastic's dividend payout ratio  is currently 32.26%. </p><h2>Analyst Ratings Changes</h2><p>SCHL has been the subject of several research reports. Weiss Ratings raised Scholastic from a &#34;sell (d+)&#34; rating to a &#34;hold (c-)&#34; rating in a research note on Friday, January 30th. Zacks Research downgraded Scholastic from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Thursday, March 5th. Finally, B. Riley Financial increased their price target on Scholastic from $37.00 to $40.00 and gave the company a &#34;neutral&#34; rating in a research report on Friday. Three analysts have rated the stock with a Hold rating,  According to MarketBeat.com, Scholastic  has a consensus rating of &#34;Hold&#34; and a consensus price target of $40.00.</p><p><b>View Our Latest Stock Analysis on Scholastic</b></p><h2>Scholastic News Summary</h2><p>Here are the key news stories impacting Scholastic this week:</p><ul>   <li><span>Positive Sentiment: </span>Q3 EPS outperformed consensus (loss of $0.15 vs. est. $0.37 loss), which relieved near‑term earnings concerns and helped lift the stock. <i></i><span>Article Title</span></li>    <li><span>Positive Sentiment: </span>The Board authorized a $200 million modified Dutch‑auction tender offer (expected price $36–$40) — immediate buyback demand and signaling of undervaluation support the rally. <i></i><span>Article Title</span></li>    <li><span>Positive Sentiment: </span>The repurchase action is part of a larger capital‑return and balance‑sheet plan (Board set a $300M total repurchase authorization and a long‑term net leverage target of 2.0–2.5x adjusted EBITDA), which reduces capital allocation uncertainty. <i></i><span>Article Title</span></li>    <li><span>Positive Sentiment: </span>Analyst action: B. Riley raised its price target to $40 (maintaining a &#34;neutral&#34; rating), implying upside and lending incremental analyst support. <i></i><span>Article Title</span></li>    <li><span>Positive Sentiment: </span>The company declared a quarterly dividend of $0.20 per share, reinforcing shareholder returns alongside buybacks. <i></i><span>Article Title</span></li>    <li><span>Neutral Sentiment: </span>Coverage and commentary pieces (Seeking Alpha, transcripts) frame the results as evidence of strategic progress and management’s focus on margin expansion — useful context but secondary to the concrete buyback and EPS beat. <i></i><span>Article Title</span></li>    <li><span>Negative Sentiment: </span>Revenue narrowly missed estimates ($329.1M vs. $331.5M expected) and the company still reports a small net loss and negative margin, highlighting operational challenges in core book sales that could limit upside without durable revenue improvement. <i></i><span>Article Title</span></li> </ul><h2>About Scholastic</h2> Get Free Report)<p>Scholastic Corporation <span>NASDAQ: SCHL<span></span></span> 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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Scholastic</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Scholastic Right Now?</h2><p>Before you consider Scholastic, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Scholastic wasn't on the list.</p><p>While Scholastic currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SCHL

<p>Scholastic (NASDAQ:SCHL) announced a $200 million stock buyback plan, allowing the repurchase of up to 23% of its shares. This decision reflects the board's belief that the stock is undervalued. Following the announcement, shares rose 8.8% to $37.25. The company also reported a quarterly EPS of ($0.15), exceeding estimates, and declared a $0.20 dividend. Analysts have mixed ratings, with a consensus hold rating and a price target of $40. Scholastic's revenue for the quarter was $329.1 million, slightly below expectations.</p>

Scholastic (NASDAQ:SCHL) to Repurchase $200.00 million in Shares