Equities analysts forecast that Strategic Education, Inc. (NASDAQ:STRA – Get Rating) will announce earnings per share of $0.97 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Strategic Education’s earnings. The highest EPS estimate is $1.06 and the lowest is $0.88. Strategic Education posted earnings per share of $1.55 in the same quarter last year, which suggests a negative year-over-year growth rate of 37.4%. The company is expected to announce its next earnings results on Monday, January 1st.
On average, analysts expect that Strategic Education will report full-year earnings of $3.06 per share for the current financial year, with EPS estimates ranging from $2.94 to $3.17. For the next year, analysts expect that the business will report earnings of $3.57 per share, with EPS estimates ranging from $3.48 to $3.65. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Strategic Education.
Strategic Education (NASDAQ:STRA – Get Rating) last released its quarterly earnings results on Thursday, April 28th. The health services provider reported $0.54 earnings per share for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.20). Strategic Education had a net margin of 4.78% and a return on equity of 5.38%. The firm had revenue of $258.90 million for the quarter, compared to analysts’ expectations of $262.06 million. During the same quarter in the previous year, the business earned $1.53 EPS. The company’s revenue for the quarter was down 10.8% on a year-over-year basis.
Shares of STRA opened at $63.51 on Monday. Strategic Education has a 1 year low of $48.01 and a 1 year high of $83.34. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.64 and a quick ratio of 1.88. The stock has a 50 day simple moving average of $65.63 and a two-hundred day simple moving average of $61.08. The firm has a market cap of $1.59 billion, a P/E ratio of 29.13, a P/E/G ratio of 1.41 and a beta of 0.51.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 6th. Stockholders of record on Friday, May 27th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Thursday, May 26th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.78%. Strategic Education’s dividend payout ratio (DPR) is currently 110.09%.
In related news, CEO Raymond Karl Mcdonnell sold 20,837 shares of the firm’s stock in a transaction dated Monday, February 14th. The stock was sold at an average price of $53.77, for a total value of $1,120,405.49. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Robert S. Silberman bought 13,001 shares of the business’s stock in a transaction that occurred on Monday, February 28th. The stock was acquired at an average cost of $60.24 per share, for a total transaction of $783,180.24. The disclosure for this purchase can be found here. 2.50% of the stock is currently owned by company insiders.
Institutional investors and hedge funds have recently modified their holdings of the business. US Bancorp DE increased its position in shares of Strategic Education by 138.5% during the third quarter. US Bancorp DE now owns 415 shares of the health services provider’s stock valued at $29,000 after acquiring an additional 241 shares in the last quarter. National Bank of Canada FI bought a new stake in shares of Strategic Education during the fourth quarter valued at approximately $29,000. Nisa Investment Advisors LLC increased its position in shares of Strategic Education by 65.4% during the fourth quarter. Nisa Investment Advisors LLC now owns 506 shares of the health services provider’s stock valued at $30,000 after acquiring an additional 200 shares in the last quarter. Covestor Ltd bought a new stake in shares of Strategic Education during the fourth quarter valued at approximately $32,000. Finally, Advisor Group Holdings Inc. increased its position in shares of Strategic Education by 107.5% during the fourth quarter. Advisor Group Holdings Inc. now owns 776 shares of the health services provider’s stock valued at $45,000 after acquiring an additional 402 shares in the last quarter. Institutional investors and hedge funds own 94.74% of the company’s stock.
About Strategic Education (Get Rating)
Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. It operates through three segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services. The company operates Strayer University that offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice 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 an executive MBA online through its Jack Welch Management Institute.
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