Perdoceo Education (PRDO) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perdoceo Education in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PRDO shares.
View PRDO analyst ratings or view top-rated stocks.

1 equities research analysts have issued 1-year price targets for Perdoceo Education's shares. Their PRDO share price targets range from $23.00 to $23.00. On average, they predict the company's stock price to reach $23.00 in the next year. This suggests a possible upside of 35.4% from the stock's current price.
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Perdoceo Education's stock was trading at $17.56 on January 1st, 2024. Since then, PRDO stock has decreased by 3.2% and is now trading at $16.99.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our PRDO earnings forecast.

Perdoceo Education will be holding an earnings conference call on Wednesday, May 1st at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link.

Perdoceo Education Co. (NASDAQ:PRDO) posted its quarterly earnings data on Wednesday, February, 21st. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.04. The company earned $147.30 million during the quarter, compared to the consensus estimate of $146.20 million. Perdoceo Education had a net margin of 20.80% and a trailing twelve-month return on equity of 17.63%. Perdoceo Education's quarterly revenue was down 16.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.31 EPS.

Perdoceo Education announced a quarterly dividend on Friday, February 2nd. Investors of record on Friday, March 1st will be given a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.59%. The ex-dividend date is Thursday, February 29th.
Read our dividend analysis for PRDO.

Perdoceo Education (NASDAQ:PRDO) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.61%. The dividend payout ratio is 20.18%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PRDO will have a dividend payout ratio of 19.13% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PRDO.

ETFs with the largest weight of Perdoceo Education (NASDAQ:PRDO) stock in their portfolio include ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco Dorsey Wright Consumer Staples Momentum ETF (PSL), Euclidean Fundamental Value ETF (ECML), Cambria Value and Momentum ETF (VAMO), RiverFront Dynamic US Dividend Advantage ETF (RFDA), Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG), Hartford Multifactor Small Cap ETF (ROSC) and First Trust Active Factor Small Cap ETF (AFSM).

Perdoceo Education issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of 0.530-0.550 for the period. The company issued revenue guidance of -.

Based on aggregate information from My MarketBeat watchlists, some companies that other Perdoceo Education investors own include Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Extreme Networks (EXTR), Freeport-McMoRan (FCX), FireEye (FEYE), Gilead Sciences (GILD), OPKO Health (OPK), Alto Ingredients (PEIX) and VBI Vaccines (VBIV).

Perdoceo Education's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.12%), Los Angeles Capital Management LLC (0.10%), DGS Capital Management LLC (0.06%) and Banque Cantonale Vaudoise (0.01%). Insiders that own company stock include Andrew Hurst, Ashish R Ghia, David C Czeszewski, Elise Baskel, Jeffrey David Ayers, John Robert Kline, Leslie T Thornton, Michele A Peppers, Patrick W Gross, Rajesh Vashist, Thomas B Lally and Todd S Nelson.
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Shares of PRDO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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