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

Perdoceo Education Corporation (NASDAQ:PRDO) announced a quarterly dividend on Wednesday, May 6th. Investors of record on Monday, June 1st will be given a dividend of 0.15 per share on Friday, June 12th. This represents a c) dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, June 1st.

Perdoceo Education has a payout ratio of 24.4% indicating that 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 Price Performance

NASDAQ PRDO opened at $32.38 on Friday. The firm has a market cap of $2.03 billion, a PE ratio of 12.41, a price-to-earnings-growth ratio of 0.71 and a beta of 0.73. Perdoceo Education has a one year low of $26.66 and a one year high of $38.50. The stock’s 50 day simple moving average is $35.22 and its 200 day simple moving average is $32.52.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.06. The business had revenue of $221.74 million for the quarter, compared to analyst estimates of $218.40 million. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.Perdoceo Education’s revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.70 EPS. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. As a group, equities analysts expect that Perdoceo Education will post 3.11 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research report on Tuesday, April 21st. Zacks Research lowered Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price objective on Perdoceo Education in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $44.00.

Perdoceo Education Company Profile

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.