Perdoceo Education Corporation (PRDO) To Go Ex-Dividend on September 1st

Perdoceo Education Corporation (NASDAQ:PRDO) declared a quarterly dividend on Thursday, August 6th. Investors of record on Tuesday, September 1st will be given a dividend of 0.17 per share on Thursday, September 10th. This represents a c) dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 13.3% increase from Perdoceo Education’s previous quarterly dividend of $0.15.

Perdoceo Education has a payout ratio of 24.4% meaning its dividend is sufficiently covered by earnings. Research analysts expect Perdoceo Education to earn $3.34 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 18.0%.

Perdoceo Education Stock Up 4.3%

Shares of NASDAQ:PRDO opened at $33.85 on Friday. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 0.70 and a beta of 0.71. The firm’s 50-day simple moving average is $33.15 and its 200-day simple moving average is $33.73. Perdoceo Education has a fifty-two week low of $26.66 and a fifty-two week high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.80 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.80. The business had revenue of $213.35 million for the quarter, compared to analyst estimates of $212.50 million. Perdoceo Education had a net margin of 20.62% and a return on equity of 19.14%. The business’s revenue was up 1.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.67 earnings per share. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, research analysts forecast that Perdoceo Education will post 3.11 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on PRDO. Wall Street Zen downgraded Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a research note on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a report on Friday, July 17th. Finally, Zacks Research cut shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $44.00.

About Perdoceo Education

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.