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Scholastic ( (SCHL) ) just unveiled an update.
On March 19, 2026, Scholastic Corporation announced that its board had authorized the repurchase of up to $200 million of its common stock through a modified Dutch auction tender offer, at an anticipated price range of $36 to $40 per share. The offer was expected to run from March 23 to April 20, 2026, funded by cash on hand and its revolving credit facility, marking a post–real estate transaction step in capital allocation aimed at optimizing the balance sheet and returning cash to shareholders, though the company emphasized the offer had not yet commenced and might not proceed on the announced terms.
Scholastic said the tender would be managed by J.P. Morgan Securities, with Georgeson as information agent and Computershare as depositary, and that neither management nor advisers would recommend whether investors should tender. Shareholders were told they would receive detailed offer documents and were urged to review SEC filings carefully and consult advisers, underscoring that participation decisions and pricing within the stated range rest entirely with individual investors.
The most recent analyst rating on (SCHL) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Scholastic stock, see the SCHL Stock Forecast page.
Spark’s Take on SCHL Stock
According to Spark, TipRanks’ AI Analyst, SCHL is a Neutral.
The score is driven primarily by mixed financial performance: strong revenue growth and a stable balance sheet are offset by weak profitability and subpar cash conversion. Technicals are neutral with only mild trend support. Valuation is tempered by a negative P/E despite a reasonable dividend yield. The latest earnings call adds a positive tilt via affirmed guidance, improved EBITDA, and shareholder-return actions, but segment headwinds remain.
To see Spark’s full report on SCHL stock, click here.
More about Scholastic
Scholastic Corporation, listed on Nasdaq as SCHL, is a global children’s publishing, education and media company. It is the world’s largest publisher and distributor of children’s books, selling through school-based book clubs and book fairs, classroom and public libraries, retail and online channels in more than 135 countries, and also provides literacy resources and children’s media.
Average Trading Volume: 416,903
Technical Sentiment Signal: Buy
Current Market Cap: $849.5M
Find detailed analytics on SCHL stock on TipRanks’ Stock Analysis page.