Strategic Education Inc. (STRA) – What Are Investment Firms Saying About This Stock?

Shares of Strategic Education Inc. (NASDAQ:STRA) have been assigned a consensus recommendation of “Hold” from the five ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $96.67.

Several research analysts have recently commented on the company. Barrington Research set a $105.00 target price on Strategic Education in a research report on Wednesday, July 29th. Weiss Ratings reissued a “hold (c)” rating on shares of Strategic Education in a research report on Friday, July 17th. BMO Capital Markets reduced their price objective on Strategic Education from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday. Wall Street Zen raised shares of Strategic Education from a “hold” rating to a “buy” rating in a report on Saturday, August 1st. Finally, Truist Financial boosted their target price on shares of Strategic Education from $80.00 to $90.00 and gave the company a “hold” rating in a research note on Thursday, July 30th.

Strategic Education Stock Performance

NASDAQ:STRA opened at $82.39 on Friday. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 0.76 and a beta of 0.47. Strategic Education has a one year low of $69.70 and a one year high of $89.73. The stock has a 50-day simple moving average of $81.40 and a 200 day simple moving average of $80.31.

Strategic Education (NASDAQ:STRA) last announced its quarterly earnings data on Wednesday, July 29th. The health services provider reported $1.76 earnings per share for the quarter, missing the consensus estimate of $1.80 by ($0.04). Strategic Education had a net margin of 10.46% and a return on equity of 8.98%. The firm had revenue of $321.60 million during the quarter, compared to the consensus estimate of $327.55 million. During the same period in the prior year, the firm earned $1.54 earnings per share. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. On average, equities research analysts forecast that Strategic Education will post 7.23 EPS for the current fiscal year.

Strategic Education Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Friday, September 4th were issued a $0.60 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $2.40 annualized dividend and a dividend yield of 2.9%. Strategic Education’s payout ratio is 40.00%.

Institutional Investors Weigh In On Strategic Education

Institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC raised its stake in Strategic Education by 2,017.8% during the third quarter. Farther Finance Advisors LLC now owns 3,918 shares of the health services provider’s stock worth $304,000 after acquiring an additional 3,733 shares during the period. WINTON GROUP Ltd boosted its stake in Strategic Education by 15.6% in the second quarter. WINTON GROUP Ltd now owns 7,400 shares of the health services provider’s stock valued at $567,000 after acquiring an additional 1,000 shares during the period. Engineers Gate Manager LP boosted its stake in Strategic Education by 28.4% in the second quarter. Engineers Gate Manager LP now owns 18,617 shares of the health services provider’s stock valued at $1,426,000 after acquiring an additional 4,114 shares during the period. Integrated Wealth Concepts LLC acquired a new position in Strategic Education in the second quarter valued at approximately $55,000. Finally, Squarepoint Ops LLC grew its holdings in shares of Strategic Education by 6.4% during the second quarter. Squarepoint Ops LLC now owns 64,476 shares of the health services provider’s stock valued at $4,940,000 after purchasing an additional 3,895 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

Strategic Education Company Profile

Strategic Education, Inc is a postsecondary education company that provides career-focused academic programs and education services in the United States. The company operates primarily through Strayer University and Capella University, serving working adults and other students through online learning, physical campuses and flexible academic formats.

Strayer University offers undergraduate and graduate degree programs, professional certificates and other career-oriented courses in areas such as business, information technology, healthcare, criminal justice and education.