Q4 Earnings Estimate for STRA Issued By Barrington Research

Strategic Education, Inc. (NASDAQ:STRA) – Barrington Research cut their Q4 2024 earnings per share (EPS) estimates for shares of Strategic Education in a report issued on Thursday, November 7th. Barrington Research analyst A. Paris now expects that the health services provider will post earnings of $1.23 per share for the quarter, down from their previous estimate of $1.39. Barrington Research has a “Outperform” rating and a $135.00 price target on the stock. The consensus estimate for Strategic Education’s current full-year earnings is $4.69 per share.

Several other research analysts have also recently weighed in on STRA. StockNews.com cut Strategic Education from a “buy” rating to a “hold” rating in a report on Saturday, October 5th. Truist Financial lowered their target price 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 decreased their price objective on Strategic Education from $130.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, Strategic Education currently has a consensus rating of “Moderate Buy” and a consensus price target of $126.00.

Strategic Education Trading Up 0.0 %

Shares of Strategic Education stock opened at $98.00 on Monday. The stock has a market cap of $2.41 billion, a P/E ratio of 18.67, a P/E/G ratio of 1.43 and a beta of 0.57. The stock’s 50 day simple moving average is $90.80 and its 200-day simple moving average is $102.83. Strategic Education has a 1-year low of $85.11 and a 1-year high of $123.62. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.34 and a quick ratio of 1.57.

Strategic Education (NASDAQ:STRA) last issued its earnings results on Thursday, November 7th. The health services provider reported $1.16 earnings per share for the quarter, topping the consensus estimate 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 business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.97 EPS.

Institutional Trading of Strategic Education

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. State Board of Administration of Florida Retirement System raised its position in Strategic Education by 83.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 11,817 shares of the health services provider’s stock valued at $1,230,000 after purchasing an additional 5,358 shares during the period. Wedge Capital Management L L P NC purchased a new stake in Strategic Education in the second quarter valued at approximately $1,357,000. Quadrature Capital Ltd purchased a new stake in Strategic Education in the first quarter valued at approximately $738,000. Envestnet Asset Management Inc. raised its position in Strategic Education by 7.4% in the second quarter. Envestnet Asset Management Inc. now owns 369,728 shares of the health services provider’s stock valued at $40,914,000 after purchasing an additional 25,455 shares during the period. Finally, Beck Bode LLC purchased a new stake in Strategic Education in the second quarter valued at approximately $1,028,000. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Strategic Education Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Monday, December 2nd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Monday, December 2nd. Strategic Education’s dividend payout ratio is presently 45.71%.

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.