Perdoceo Education Corporation (NASDAQ:PRDO) Declares $0.15 Quarterly Dividend

Perdoceo Education Corporation (NASDAQ:PRDOGet Free Report) declared a quarterly dividend on Thursday, February 19th. Investors of record on Monday, March 2nd will be given a dividend of 0.15 per share on Friday, March 13th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Monday, March 2nd.

Perdoceo Education has a dividend payout ratio of 24.4% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Perdoceo Education to earn $2.60 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 23.1%.

Perdoceo Education Stock Performance

NASDAQ:PRDO traded up $1.27 during mid-day trading on Friday, reaching $32.80. The stock had a trading volume of 253,461 shares, compared to its average volume of 439,318. Perdoceo Education has a twelve month low of $23.87 and a twelve month high of $38.02. The business has a 50 day simple moving average of $30.93 and a 200 day simple moving average of $32.06. The firm has a market capitalization of $2.11 billion, a price-to-earnings ratio of 13.95, a PEG ratio of 0.77 and a beta of 0.90. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.45 and a current ratio of 4.47.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last issued its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. The business had revenue of $211.64 million during the quarter, compared to the consensus estimate of $209.95 million. Perdoceo Education had a return on equity of 17.22% and a net margin of 19.24%.The company’s revenue for the quarter was up 20.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.50 EPS. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. On average, analysts expect that Perdoceo Education will post 2.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on PRDO. Barrington Research reissued an “outperform” rating and issued a $42.00 target price on shares of Perdoceo Education in a report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. Finally, Wall Street Zen lowered shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, November 12th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $42.00.

Check Out Our Latest Research Report 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.

See Also

Dividend History for Perdoceo Education (NASDAQ:PRDO)

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