Key Points
- Chairman Gregory Jackson sold 11,271 Perdoceo Education shares for approximately $358,192, reducing his ownership by 14.79% to 64,949 shares.
- Perdoceo reported quarterly EPS of $0.80, in line with estimates, while revenue of $213.35 million slightly exceeded expectations and rose 1.8% year over year. The company provided full-year 2026 EPS guidance of $3.10–$3.16.
- The company increased its quarterly dividend to $0.17 from $0.15, implying a $0.68 annualized payout and a 2.2% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $44.
Perdoceo Education Corporation (NASDAQ:PRDO - Get Free Report) Chairman Gregory Jackson sold 11,271 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total value of $358,192.38. Following the transaction, the chairman owned 64,949 shares of the company's stock, valued at approximately $2,064,079.22. This represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Perdoceo Education Trading Up 0.3%
Shares of NASDAQ PRDO opened at $31.34 on Thursday. The stock has a fifty day simple moving average of $33.05 and a 200-day simple moving average of $33.73. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50. The stock has a market capitalization of $1.96 billion, a PE ratio of 11.44, a PEG ratio of 0.67 and a beta of 0.71.
Perdoceo Education (NASDAQ:PRDO - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, meeting analysts' consensus estimates of $0.80. The company had revenue of $213.35 million during the quarter, compared to analysts' expectations of $212.50 million. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.Perdoceo Education's revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the business posted $0.67 EPS. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, equities analysts predict that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.
Perdoceo Education Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a dividend yield of 2.2%. This is a positive change from Perdoceo Education's previous quarterly dividend of $0.15. The ex-dividend date is Tuesday, September 1st. Perdoceo Education's payout ratio is presently 21.90%.
Institutional Investors Weigh In On Perdoceo Education
Several institutional investors have recently modified their holdings of the company. Salomon & Ludwin LLC grew its stake in shares of Perdoceo Education by 72.6% during the fourth quarter. Salomon & Ludwin LLC now owns 811 shares of the company's stock worth $25,000 after purchasing an additional 341 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company's stock worth $28,000 after buying an additional 504 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Perdoceo Education by 34.6% during the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company's stock worth $40,000 after acquiring an additional 350 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Perdoceo Education by 48.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company's stock worth $63,000 after acquiring an additional 699 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new position in shares of Perdoceo Education in the 4th quarter valued at about $69,000. 93.46% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have recently issued reports on the company. Barrington Research set a $44.00 price objective on Perdoceo Education in a research note on Friday, May 8th. Zacks Research cut Perdoceo Education from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 21st. Weiss Ratings restated a "buy (b)" rating on shares of Perdoceo Education in a report on Friday, July 17th. Finally, Wall Street Zen lowered Perdoceo Education from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $44.00.
View Our Latest Research Report on PRDO
About Perdoceo Education
(
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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