Perdoceo Education Corporation (NASDAQ:PRDO – Get Free Report)’s share price was down 8.4% during mid-day trading on Wednesday . The stock traded as low as $32.91 and last traded at $33.2650. Approximately 444,181 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 611,201 shares. The stock had previously closed at $36.32.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on PRDO. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a report on Tuesday, April 21st. Zacks Research downgraded shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.
Check Out Our Latest Stock Analysis on PRDO
Perdoceo Education Trading Up 0.4%
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.90 EPS for the quarter, beating the consensus estimate of $0.84 by $0.06. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The business had revenue of $221.74 million for the quarter, compared to analyst estimates of $218.40 million. During the same quarter in the previous year, the firm earned $0.70 EPS. Perdoceo Education’s quarterly revenue was up 4.1% on a year-over-year basis. 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, equities analysts expect that Perdoceo Education Corporation will post 3.11 EPS for the current year.
Perdoceo Education Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Monday, June 1st were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.60 annualized dividend and a dividend yield of 1.8%. Perdoceo Education’s dividend payout ratio is presently 22.99%.
Insider Activity
In related news, Director Patrick W. Gross sold 3,647 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $34.98, for a total transaction 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 trade represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michele A. Peppers sold 14,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total transaction of $483,000.00. Following the completion of the transaction, the insider owned 35,748 shares in the company, valued at approximately $1,233,306. This trade represents a 28.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,270 shares of company stock worth $1,336,193 in the last quarter. 1.46% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the company. Salomon & Ludwin LLC grew its position in Perdoceo Education by 72.6% during the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after acquiring an additional 341 shares during the last quarter. IFP Advisors Inc raised its position in Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 350 shares during the last quarter. DGS Capital Management LLC boosted its stake in Perdoceo Education by 0.9% in the first quarter. DGS Capital Management LLC now owns 47,534 shares of the company’s stock worth $1,769,000 after purchasing an additional 410 shares in the last quarter. Fifth Third Bancorp boosted its stake in Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares in the last quarter. Finally, Lazard Asset Management LLC grew its holdings in shares of Perdoceo Education by 9.1% during the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock worth $237,000 after purchasing an additional 605 shares during the last quarter. Institutional investors own 93.46% of the company’s stock.
Perdoceo Education Company Profile
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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