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 Price Performance

Shares of Strategic Education stock opened at $86.71 on Tuesday. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 0.04. Strategic Education has a 52 week low of $85.11 and a 52 week high of $123.62. The company has a market cap of $2.13 billion, a PE ratio of 17.80, a P/E/G ratio of 1.25 and a beta of 0.58. The business has a 50 day moving average of $91.04 and a 200 day moving average of $103.30.

Strategic Education Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 16th. Stockholders of record on Friday, September 6th were issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date was Friday, September 6th. Strategic Education’s payout ratio is currently 49.28%.

Wall Street Analyst Weigh In

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