Strategic Education (STRA) to Release Quarterly Earnings on Thursday

Strategic Education (NASDAQ:STRA) will release its earnings data before the market opens on Thursday, November 7th. Analysts expect Strategic Education to post earnings of $0.81 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Strategic Education Trading Up 0.1 %

Strategic Education stock opened at $86.71 on Tuesday. The business’s 50-day simple moving average is $91.04 and its 200-day simple moving average is $103.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.57 and a current ratio of 1.57. The firm has a market capitalization of $2.13 billion, a PE ratio of 17.80, a PEG ratio of 1.25 and a beta of 0.58. Strategic Education has a 52 week low of $85.11 and a 52 week high of $123.62.

Strategic Education Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 16th. Investors of record on Friday, September 6th were given a dividend of $0.60 per share. The ex-dividend date was Friday, September 6th. This represents a $2.40 annualized dividend and a dividend yield of 2.77%. Strategic Education’s dividend payout ratio (DPR) is presently 49.28%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on STRA. Barrington Research reiterated an “outperform” rating and set a $135.00 price target on shares of Strategic Education in a research report on Thursday, September 26th. StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a report on Saturday, October 5th. Truist Financial decreased their price objective on Strategic Education from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, BMO Capital Markets cut their target price on Strategic Education from $130.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, August 1st. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $126.00.

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.