Key Points
- Perdoceo Education SVP Julia Leeman sold 11,315 shares on May 12 at an average price of $35.51, totaling about $401,796. After the sale, she still held 21,924 shares, and her position was reduced by 34.04%.
- The company beat quarterly expectations, reporting adjusted EPS of $0.90 versus the $0.84 consensus and revenue of $221.74 million versus $218.40 million expected. Revenue rose 4.1% year over year, and the company also issued FY 2026 guidance of $3.05 to $3.16 EPS.
- Perdoceo declared a quarterly dividend of $0.15 per share, payable June 12 to shareholders of record on June 1. That implies an annualized yield of about 1.7% and a payout ratio of 22.99%.
Perdoceo Education Corporation (NASDAQ:PRDO - Get Free Report) Director Patrick Gross sold 3,647 shares of the business's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $34.98, for a total value of $127,572.06. Following the completion of the sale, the director owned 114,970 shares in the company, valued at $4,021,650.60. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Perdoceo Education Trading Down 0.6%
NASDAQ:PRDO opened at $34.92 on Thursday. The company has a market capitalization of $2.19 billion, a P/E ratio of 13.38, a P/E/G ratio of 0.75 and a beta of 0.73. Perdoceo Education Corporation has a 12 month low of $26.66 and a 12 month high of $38.50. The business's 50-day moving average is $35.40 and its 200 day moving average is $32.46.
Perdoceo Education (NASDAQ:PRDO - Get Free Report) last posted its 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 company had revenue of $221.74 million for the quarter, compared to the consensus estimate of $218.40 million. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The firm's revenue for the quarter was up 4.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.70 earnings per share. 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. On average, research analysts forecast that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.
Perdoceo Education Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, June 1st. Perdoceo Education's payout ratio is presently 22.99%.
Hedge Funds Weigh In On Perdoceo Education
A number of large investors have recently bought and sold shares of the business. Sei Investments Co. boosted its holdings in Perdoceo Education by 11.1% during the 1st quarter. Sei Investments Co. now owns 262,978 shares of the company's stock valued at $9,785,000 after acquiring an additional 26,250 shares during the period. State of Wyoming boosted its holdings in Perdoceo Education by 35.8% during the 1st quarter. State of Wyoming now owns 19,573 shares of the company's stock valued at $728,000 after acquiring an additional 5,164 shares during the period. Cetera Investment Advisers boosted its holdings in Perdoceo Education by 18.2% during the 1st quarter. Cetera Investment Advisers now owns 16,800 shares of the company's stock valued at $625,000 after acquiring an additional 2,591 shares during the period. First Trust Advisors LP boosted its holdings in Perdoceo Education by 2.2% during the 1st quarter. First Trust Advisors LP now owns 2,970,195 shares of the company's stock valued at $110,521,000 after acquiring an additional 64,399 shares during the period. Finally, Meeder Asset Management Inc. purchased a new position in Perdoceo Education during the 1st quarter valued at $83,000. Hedge funds and other institutional investors own 93.46% of the company's stock.
Wall Street Analysts Forecast Growth
PRDO has been the topic of several analyst reports. Zacks Research cut Perdoceo Education from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 21st. Weiss Ratings reissued a "buy (b)" rating on shares of Perdoceo Education in a research note on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price objective on Perdoceo Education in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Perdoceo Education currently has a consensus rating of "Moderate Buy" and a consensus price target of $44.00.
Check Out Our Latest Analysis on Perdoceo Education
Perdoceo Education Company Profile
(
Get Free Report)
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.
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