Perdoceo Education (NASDAQ:PRDO – Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.640-0.670 for the period, compared to the consensus earnings per share estimate of 0.640. The company issued revenue guidance of -. Perdoceo Education also updated its FY 2025 guidance to 2.310-2.510 EPS.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on PRDO. Barrington Research raised their price objective on Perdoceo Education from $32.00 to $35.00 and gave the company an “outperform” rating in a research note on Wednesday. StockNews.com upgraded Perdoceo Education from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, February 11th.
Get Our Latest Research Report on PRDO
Perdoceo Education Trading Down 4.5 %
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. Perdoceo Education had a return on equity of 17.13% and a net margin of 21.66%. The company had revenue of $176.43 million during the quarter, compared to analyst estimates of $160.12 million. On average, analysts predict that Perdoceo Education will post 2.36 earnings per share for the current year.
Perdoceo Education Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Saturday, March 1st will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.89%. The ex-dividend date is Friday, February 28th. Perdoceo Education’s dividend payout ratio is currently 23.64%.
Insiders Place Their Bets
In related news, CEO Todd S. Nelson sold 12,472 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $26.29, for a total transaction of $327,888.88. Following the completion of the transaction, the chief executive officer now owns 615,697 shares in the company, valued at $16,186,674.13. This represents a 1.99 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP John Robert Kline sold 12,148 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $25.79, for a total value of $313,296.92. Following the completion of the sale, the senior vice president now directly owns 130,405 shares in the company, valued at approximately $3,363,144.95. This represents a 8.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.81% of the stock is owned by insiders.
About Perdoceo Education
Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice.
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