Strategic Education, Inc. (NASDAQ:STRA) Receives $126.00 Consensus Price Target from Analysts

Shares of Strategic Education, Inc. (NASDAQ:STRA - Get Free Report) have been given a consensus rating of "Buy" by the four analysts that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a buy rating. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $126.00.

Several analysts recently weighed in on STRA shares. StockNews.com downgraded Strategic Education from a "buy" rating to a "hold" rating in a report on Saturday, October 5th. Truist Financial reduced their target price on shares of Strategic Education from $145.00 to $120.00 and set a "buy" rating for the company in a report on Wednesday, October 16th. Finally, Barrington Research reiterated an "outperform" rating and issued a $135.00 target price on shares of Strategic Education in a report on Thursday, November 7th.

Strategic Education Price Performance

Shares of NASDAQ:STRA traded up $0.19 on Tuesday, hitting $99.54. 111,701 shares of the company's stock were exchanged, compared to its average volume of 131,513. Strategic Education has a 12 month low of $85.11 and a 12 month high of $123.62. The stock has a market capitalization of $2.45 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 1.38 and a beta of 0.59. The business's 50 day simple moving average is $91.99 and its two-hundred day simple moving average is $100.67.

Strategic Education (NASDAQ:STRA - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The health services provider reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.35. The firm had revenue of $305.96 million during the quarter, compared to the consensus estimate of $301.62 million. Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 earnings per share. Equities analysts forecast that Strategic Education will post 4.79 EPS for the current fiscal year.

Strategic Education Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 9th. Stockholders of record on Monday, December 2nd will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, December 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.41%. Strategic Education's payout ratio is 45.71%.

Institutional Investors Weigh In On Strategic Education

A number of large investors have recently modified their holdings of STRA. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Strategic Education during the second quarter worth about $36,000. Meeder Asset Management Inc. purchased a new stake in Strategic Education in the second quarter valued at approximately $36,000. CWM LLC boosted its position in Strategic Education by 2,650.0% in the second quarter. CWM LLC now owns 330 shares of the health services provider's stock valued at $37,000 after buying an additional 318 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Strategic Education in the third quarter valued at approximately $37,000. Finally, Rothschild Investment LLC purchased a new stake in Strategic Education in the second quarter valued at approximately $38,000. Hedge funds and other 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.