Q4 EPS Forecast for Strategic Education Increased by Analyst

Strategic Education, Inc. (NASDAQ:STRA) – Zacks Research increased their Q4 2024 earnings per share estimates for Strategic Education in a research report issued to clients and investors on Wednesday, January 15th. Zacks Research analyst R. Department now anticipates that the health services provider will post earnings of $1.18 per share for the quarter, up from their previous estimate of $1.17. The consensus estimate for Strategic Education’s current full-year earnings is $4.79 per share.

STRA has been the subject of several other reports. StockNews.com cut Strategic Education from a “buy” rating to a “hold” rating in a report on Saturday, October 5th. Barrington Research restated an “outperform” rating and set a $135.00 target price on shares of Strategic Education in a report on Thursday, November 7th. Finally, Truist Financial dropped their target price on Strategic Education from $145.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, October 16th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $126.00.

Strategic Education Stock Down 0.2 %

Shares of NASDAQ STRA opened at $96.98 on Monday. The firm has a market capitalization of $2.38 billion, a P/E ratio of 18.47, a P/E/G ratio of 1.08 and a beta of 0.58. The stock’s 50-day simple moving average is $96.24 and its two-hundred day simple moving average is $96.68. Strategic Education has a twelve month low of $85.11 and a twelve month high of $123.62.

Strategic Education (NASDAQ:STRA) last issued its quarterly earnings data on Thursday, November 7th. The health services provider reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.81 by $0.35. The business had revenue of $305.96 million for the quarter, compared to analysts’ expectations of $301.62 million. Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. The firm’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.97 EPS.

Strategic Education Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Monday, December 2nd were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.47%. Strategic Education’s dividend payout ratio (DPR) is 45.71%.

Institutional Investors Weigh In On Strategic Education

Several large investors have recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in Strategic Education by 10,374.4% during the third quarter. International Assets Investment Management LLC now owns 199,538 shares of the health services provider’s stock worth $18,467,000 after acquiring an additional 197,633 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Strategic Education by 76.7% during the third quarter. JPMorgan Chase & Co. now owns 399,144 shares of the health services provider’s stock valued at $36,941,000 after buying an additional 173,225 shares during the last quarter. Cubist Systematic Strategies LLC bought a new position in shares of Strategic Education during the second quarter valued at approximately $12,231,000. Weiss Asset Management LP bought a new position in shares of Strategic Education during the third quarter valued at approximately $5,635,000. Finally, State Street Corp grew its stake in shares of Strategic Education by 6.1% during the third quarter. State Street Corp now owns 890,133 shares of the health services provider’s stock valued at $82,382,000 after buying an additional 50,980 shares during the last quarter. 93.27% of the stock is owned by institutional investors.

Strategic Education Company Profile

Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through U.S. Higher Education, Australia/New Zealand, and Education Technology Services segments. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute.