Strategic Education (STRA) Expected to Announce Earnings on Thursday

Strategic Education (NASDAQ:STRA) is expected to post its quarterly earnings results before the market opens on Thursday, February 27th. Analysts expect Strategic Education to post earnings of $1.37 per share and revenue of $315.18 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Strategic Education Trading Down 3.3 %

Shares of NASDAQ STRA opened at $98.39 on Tuesday. Strategic Education has a 52 week low of $85.11 and a 52 week high of $123.62. The stock has a market cap of $2.42 billion, a price-to-earnings ratio of 18.74, a PEG ratio of 1.22 and a beta of 0.59. The company’s 50-day moving average price is $96.88 and its 200 day moving average price is $94.89.

Strategic Education Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, December 2nd were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.44%. Strategic Education’s dividend payout ratio is currently 45.71%.

Analyst Upgrades and Downgrades

Separately, Barrington Research reaffirmed an “outperform” rating and set a $135.00 price target on shares of Strategic Education in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Strategic Education presently has an average rating of “Moderate Buy” and an average target price of $126.00.

About Strategic Education

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.