Strategic Education Inc. (NASDAQ:STRA) Receives $95.33 Average Price Target from Analysts

Shares of Strategic Education Inc. (NASDAQ:STRA) have been given an average recommendation of “Hold” by the five research firms that are covering the company, Marketbeat 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 price target among brokerages that have covered the stock in the last year is $95.3333.

A number of equities analysts recently issued reports on the stock. Barrington Research set a $105.00 target price on shares of Strategic Education in a research report on Wednesday, July 29th. BMO Capital Markets boosted their price target on shares of Strategic Education from $86.00 to $91.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Truist Financial upped their price target on shares of Strategic Education from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategic Education in a report on Friday, July 17th. Finally, Wall Street Zen upgraded shares of Strategic Education from a “hold” rating to a “buy” rating in a research note on Saturday, August 1st.

Insider Activity

In other news, insider Christa Hokenson sold 2,000 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $80.00, for a total value of $160,000.00. Following the sale, the insider owned 65,195 shares of the company’s stock, valued at approximately $5,215,600. The trade was a 2.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of STRA. Allworth Financial LP grew its holdings in Strategic Education by 88.5% during the third quarter. Allworth Financial LP now owns 294 shares of the health services provider’s stock worth $25,000 after acquiring an additional 138 shares during the period. Axiom Investment Management LLC acquired a new stake in Strategic Education in the 1st quarter valued at about $25,000. Hantz Financial Services Inc. boosted its position in shares of Strategic Education by 154.2% during the 4th quarter. Hantz Financial Services Inc. now owns 333 shares of the health services provider’s stock valued at $27,000 after purchasing an additional 202 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of Strategic Education by 85.2% during the 2nd quarter. Osaic Holdings Inc. now owns 387 shares of the health services provider’s stock valued at $33,000 after purchasing an additional 178 shares in the last quarter. Finally, Sankala Group LLC acquired a new position in shares of Strategic Education in the 4th quarter worth approximately $37,000. Institutional investors own 93.27% of the company’s stock.

Strategic Education Stock Performance

Shares of STRA stock opened at $85.58 on Friday. Strategic Education has a 1 year low of $69.70 and a 1 year high of $89.73. The stock has a fifty day moving average of $80.79 and a two-hundred day moving average of $80.03. The firm has a market capitalization of $1.90 billion, a PE ratio of 14.26, a price-to-earnings-growth ratio of 0.79 and a beta of 0.49.

Strategic Education (NASDAQ:STRA) last issued its quarterly earnings results on Wednesday, July 29th. The health services provider reported $1.76 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.04). Strategic Education had a net margin of 10.46% and a return on equity of 8.98%. The business had revenue of $321.60 million for the quarter, compared to analyst estimates of $327.55 million. During the same period last year, the business posted $1.54 earnings per share. Strategic Education’s revenue for the quarter was up 4.9% on a year-over-year basis. Equities research analysts predict that Strategic Education will post 7.23 earnings per share for the current fiscal year.

Strategic Education Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 14th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 4th. Strategic Education’s dividend payout ratio (DPR) is presently 40.00%.

Strategic Education Company Profile

Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia. Through its primary operating subsidiaries, Strayer University and Capella University, the company delivers degree programs and professional development opportunities to working adults. Its offerings span undergraduate and graduate degrees, certificates, continuing education, and workforce training in fields such as business, technology, health services, education, and public administration.

Strayer University, with a network of physical campuses across the United States complemented by an online platform, provides associate’s through doctoral degrees designed to accommodate non-traditional students.