Strategic Education, Inc. (NASDAQ:STRA) Given Average Recommendation of “Buy” by Brokerages

Strategic Education, Inc. (NASDAQ:STRA) has been given an average rating of “Buy” by the four analysts that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $131.75.

A number of equities analysts have recently commented on STRA shares. Bank of America boosted their price target on Strategic Education from $104.00 to $124.00 and gave the stock a “buy” rating in a report on Tuesday, March 5th. Truist Financial boosted their price target on Strategic Education from $125.00 to $145.00 and gave the stock a “buy” rating in a report on Friday. StockNews.com raised Strategic Education from a “hold” rating to a “buy” rating in a report on Friday. Barrington Research boosted their price target on Strategic Education from $125.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, BMO Capital Markets boosted their price target on Strategic Education from $103.00 to $123.00 and gave the stock an “outperform” rating in a report on Friday, March 1st.

Strategic Education Stock Performance

Shares of NASDAQ STRA opened at $121.06 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. Strategic Education has a 12 month low of $64.53 and a 12 month high of $121.29. The stock has a 50 day moving average of $101.89 and a 200-day moving average of $94.19. The company has a market capitalization of $2.98 billion, a P/E ratio of 41.74, a P/E/G ratio of 1.20 and a beta of 0.50.

Strategic Education (NASDAQ:STRA) last released its quarterly earnings results on Thursday, April 25th. The health services provider reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.51. The business had revenue of $290.25 million during the quarter, compared to the consensus estimate of $274.02 million. Strategic Education had a return on equity of 5.52% and a net margin of 6.16%. As a group, equities research analysts predict that Strategic Education will post 4.61 EPS for the current year.

Strategic Education Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 24th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, May 23rd. Strategic Education’s payout ratio is 82.76%.

Insider Activity at Strategic Education

In other Strategic Education news, CFO Daniel Wayne Jackson sold 3,713 shares of the stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.95, for a total transaction of $356,262.35. Following the completion of the transaction, the chief financial officer now directly owns 71,770 shares of the company’s stock, valued at $6,886,331.50. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other news, CFO Daniel Wayne Jackson sold 3,713 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.95, for a total value of $356,262.35. Following the completion of the transaction, the chief financial officer now directly owns 71,770 shares of the company’s stock, valued at $6,886,331.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Raymond Karl Mcdonnell sold 12,820 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.99, for a total value of $1,230,591.80. Following the completion of the transaction, the chief executive officer now directly owns 161,359 shares of the company’s stock, valued at $15,488,850.41. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Strategic Education

Several large investors have recently added to or reduced their stakes in STRA. International Assets Investment Management LLC grew its holdings in shares of Strategic Education by 6,377.0% during the 4th quarter. International Assets Investment Management LLC now owns 178,182 shares of the health services provider’s stock worth $16,459,000 after acquiring an additional 175,431 shares during the period. GSA Capital Partners LLP grew its stake in shares of Strategic Education by 88.4% in the 3rd quarter. GSA Capital Partners LLP now owns 26,938 shares of the health services provider’s stock worth $2,027,000 after buying an additional 12,636 shares during the last quarter. Dark Forest Capital Management LP grew its stake in shares of Strategic Education by 152.9% in the 3rd quarter. Dark Forest Capital Management LP now owns 9,965 shares of the health services provider’s stock worth $750,000 after buying an additional 6,024 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Strategic Education by 3.1% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 11,676 shares of the health services provider’s stock worth $879,000 after buying an additional 349 shares during the last quarter. Finally, Exchange Traded Concepts LLC grew its stake in shares of Strategic Education by 0.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 17,924 shares of the health services provider’s stock worth $1,656,000 after buying an additional 142 shares during the last quarter. Institutional investors own 93.27% of the company’s stock.

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.