|Bid||129.24 x 1300|
|Ask||129.63 x 800|
|Day's Range||129.18 - 133.35|
|52 Week Range||102.22 - 189.79|
|Beta (3Y Monthly)||0.35|
|PE Ratio (TTM)||479.00|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||2.00 (1.51%)|
|1y Target Est||198.33|
Today, Strayer University hosted a ribbon-cutting ceremony to announce the grand opening of its new campus in Chattanooga, Tenn. The new campus will be the University’s fifth campus in Tennessee, and will provide programs that offer working adults flexible and affordable higher education options. Located at 728 Market Street, the Chattanooga campus is right in the city center and is easily accessible for busy adults. “We’re excited to bring our 125+ years of experience providing higher education for working adult students to the local Chattanooga community,” said Dr. Michael Plater, President Emeritus of Strayer University.
Based on alumni evaluation data, the definitive online publication for business education news designates the Jack Welch Management Institute 1st overall in professor quality, 2nd
Strategic Education, Inc. today announced that it will issue a news release outlining its third quarter financial results before the market opens on Thursday, November 7, 2019, followed by its first Investor and Analyst Day in Washington, D.C.
While Strategic Education, Inc. (NASDAQ:STRA) shareholders are probably generally happy, the stock hasn't had...
(Bloomberg) -- For-profit education stocks may continue to be volatile as the sector prices in the rising poll figures for Democratic presidential candidate Elizabeth Warren, who’s been an outspoken critic of the industry.The Russell 3000 Education Services Index (RGUSDES) shed roughly 13% in September, led in part by double-digit losses at Career Education Corp., Strategic Education Inc. and Adtalem Global Education Inc.The stocks have been on a downward slide as Senator Warren took aim at the industry with a letter to private equity firms demanding to know details about their holdings in the sector. Yet, should she win the Democratic party’s nomination, shares could see a lift, according to Barrington Research.“I suspect that if Warren is chosen as the Democratic nominee, the path to Trump’s re-election becomes easier,”analyst Alexander Paris said. As Warren, a staunch critic of big banks and corporations, chips away at Joe Biden’s lead, Paris said a Warren-Trump race would likely come down to capitalism versus socialism.“I think with every uptick in Elizabeth Warren’s polling, it increases the chances of President Trump being re-elected. So therefore, stocks should go up, not down. But investors at large don’t necessarily share my optimism,” he said over the phone.Earlier in September, Warren and Representative Mark Pocan wrote a letter to six private equity firms, asking for information about the firms’ management of colleges and universities in an attempt to increase pressure on the sector.Under the Obama administration, scrutiny and regulation of the industry was a key goal, catalyzed by complaints that it was misleading students and saddling them with debts they couldn’t repay. But since then, the Trump administration has repealed many Obama-era provisions, which sent shares in several for-profit colleges soaring earlier this year.Picking back up the cause, Warren’s letter to PE firms, including Apollo Global Management and KKR & Co., used a study from the National Bureau of Economic Research to show that “when a for-profit college is purchased by a private equity firm, ‘student outcomes deteriorate ... and reliance on federal aid and guaranteed loans increases.’”BMO Capital Markets analyst Jeffrey Silber wrote that while the sector is “vastly different” with a number of “bad actors” removed since the Obama administration, “it appears investors do not care.” Using regression analysis, Silber compared recent education stock performances to prediction markets data, which showed “a high inverse correlation as the odds of [Warren] winning the Democratic nomination increase.”“The stocks will be volatile until investment sentiment turns,” Barrington’s Paris saidTo contact the reporter on this story: Anisha Sircar in New York at email@example.comTo contact the editors responsible for this story: Brad Olesen at firstname.lastname@example.org, Jennifer Bissell-Linsk, Catherine LarkinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Strategic Education...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Strategic Education (STRA) delivered earnings and revenue surprises of 8.16% and 1.73%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Strategic Education (STRA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dividend paying stocks like Strategic Education, Inc. (NASDAQ:STRA) tend to be popular with investors, and for good...
The market has been volatile in the last 6 months as the Federal Reserve continued its rate hikes and then abruptly reversed its stance and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF […]