Strategic Education (STRA) Expected to Announce Earnings on Thursday

Strategic Education (NASDAQ:STRA) is anticipated 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 that are interested in participating in the company’s earnings conference call can do so using this link.

Strategic Education Stock Performance

Shares of Strategic Education stock opened at $98.39 on Tuesday. The company has a market cap of $2.42 billion, a P/E ratio of 18.74, a PEG ratio of 1.22 and a beta of 0.59. Strategic Education has a one year low of $85.11 and a one year high of $123.62. The firm has a fifty day moving average of $96.88 and a two-hundred day moving average of $94.89.

Strategic Education Announces Dividend

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

Analysts Set New Price Targets

Separately, Barrington Research reiterated an “outperform” rating and issued a $135.00 price target on shares of Strategic Education in a report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company 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.