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Strategic Education

Nasdaq:STRA
Snowflake Description

Flawless balance sheet with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STRA
Nasdaq
$3B
Market Cap
  1. Home
  2. US
  3. Consumer Services
Company description

Strategic Education, Inc., through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The last earnings update was 105 days ago. More info.


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STRA Share Price and Events
7 Day Returns
6.9%
NasdaqGS:STRA
-1.4%
US Consumer Services
1.4%
US Market
1 Year Returns
38.1%
NasdaqGS:STRA
-3.8%
US Consumer Services
2.3%
US Market
STRA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Strategic Education (STRA) 6.9% 16.7% -1.1% 38.1% 185.6% 158.4%
US Consumer Services -1.4% 5.4% 7.2% -3.8% 100.8% 110%
US Market 1.4% 5.6% 5.7% 2.3% 44.2% 40.9%
1 Year Return vs Industry and Market
  • STRA outperformed the Consumer Services industry which returned -3.8% over the past year.
  • STRA outperformed the Market in United States of America which returned 2.3% over the past year.
Price Volatility
STRA
Industry
5yr Volatility vs Market

STRA Value

 Is Strategic Education undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Strategic Education to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data    Our calculation method for this is changing soon.

Below are the data sources, inputs and calculation used to determine the intrinsic value for Strategic Education.

NasdaqGS:STRA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:STRA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.935 (1 + (1- 21%) (0%))
0.935
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.93
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.935 * 7.27%)
9.52%

Discounted Cash Flow Calculation for NasdaqGS:STRA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Strategic Education is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqGS:STRA DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (USD, Millions) 172.80 197.60 195.93 194.28 192.64
Source Analyst x1 Analyst x1 Est @ -0.84% Est @ -0.84% Est @ -0.84%
Present Value
Discounted (@ 9.52%)
157.77 164.73 149.13 135.02 122.24
Present value of next 5 years cash flows $728.89
NasdaqGS:STRA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= $192.64 × (1 + 2.73%) ÷ (9.52% – 2.73%)
$2,912.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= $2,912.86 ÷ (1 + 9.52%)5
$1,848.30
NasdaqGS:STRA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= $728.89 + $1,848.30
$2,577.19
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,577.19 / 21.11
$122.07
NasdaqGS:STRA Discount to Share Price
Calculation Result
Value per share (USD) From above. $122.07
Current discount Discount to share price of $126.92
= -1 x ($126.92 - $122.07) / $122.07
-4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Strategic Education is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Strategic Education's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Strategic Education's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:STRA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in USD $-3.56
NasdaqGS:STRA Share Price ** NasdaqGS (2019-02-21) in USD $126.92
United States of America Consumer Services Industry PE Ratio Median Figure of 25 Publicly-Listed Consumer Services Companies 24.36x
United States of America Market PE Ratio Median Figure of 3,045 Publicly-Listed Companies 17.39x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Strategic Education.

NasdaqGS:STRA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:STRA Share Price ÷ EPS (both in USD)

= 126.92 ÷ -3.56

-35.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strategic Education is loss making, we can't compare its value to the US Consumer Services industry average.
  • Strategic Education is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Strategic Education's expected growth come at a high price?
Raw Data
NasdaqGS:STRA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -35.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
102.4%per year
United States of America Consumer Services Industry PEG Ratio Median Figure of 16 Publicly-Listed Consumer Services Companies 1.38x
United States of America Market PEG Ratio Median Figure of 2,118 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Strategic Education, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Strategic Education's assets?
Raw Data
NasdaqGS:STRA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in USD $79.12
NasdaqGS:STRA Share Price * NasdaqGS (2019-02-21) in USD $126.92
United States of America Consumer Services Industry PB Ratio Median Figure of 46 Publicly-Listed Consumer Services Companies 2.24x
United States of America Market PB Ratio Median Figure of 5,129 Publicly-Listed Companies 1.87x
NasdaqGS:STRA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:STRA Share Price ÷ Book Value per Share (both in USD)

= 126.92 ÷ 79.12

1.6x

* Primary Listing of Strategic Education.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Strategic Education is good value based on assets compared to the US Consumer Services industry average.
X
Value checks
We assess Strategic Education's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Services industry average (and greater than 0)? (1 check)
  5. Strategic Education has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

STRA Future Performance

 How is Strategic Education expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
102.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Strategic Education expected to grow at an attractive rate?
  • Strategic Education's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Strategic Education's earnings growth is expected to exceed the United States of America market average.
  • Strategic Education's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:STRA Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:STRA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 102.4%
NasdaqGS:STRA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 26.2%
United States of America Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 29.7%
United States of America Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 12.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:STRA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:STRA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 1,013 236 130 3
2019-12-31 962 210 104 4
2018-12-31 650 51 -16 4
NasdaqGS:STRA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-09-30 511 -3 -45
2018-06-30 458 53 14
2018-03-31 456 49 20
2017-12-31 455 56 21
2017-09-30 455 59 39
2017-06-30 449 55 35
2017-03-31 445 54 33
2016-12-31 441 45 35
2016-09-30 435 53 36
2016-06-30 432 56 37
2016-03-31 434 62 41
2015-12-31 434 78 40

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Strategic Education's earnings are expected to grow significantly at over 20% yearly.
  • Strategic Education's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:STRA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Strategic Education Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:STRA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 6.35 7.39 5.30 2.00
2019-12-31 5.34 6.12 4.55 2.00
2018-12-31 0.67 0.67 0.67 1.00
NasdaqGS:STRA Past Financials Data
Date (Data in USD Millions) EPS *
2018-09-30 -3.56
2018-06-30 1.34
2018-03-31 1.82
2017-12-31 1.93
2017-09-30 3.64
2017-06-30 3.34
2017-03-31 3.10
2016-12-31 3.28
2016-09-30 3.41
2016-06-30 3.49
2016-03-31 3.88
2015-12-31 3.78

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Strategic Education is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Strategic Education's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Strategic Education has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

STRA Past Performance

  How has Strategic Education performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Strategic Education's growth in the last year to its industry (Consumer Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Strategic Education does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Strategic Education's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Strategic Education's 1-year growth to the US Consumer Services industry average as it is not currently profitable.
Earnings and Revenue History
Strategic Education's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Strategic Education Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:STRA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 510.79 -44.62 178.73
2018-06-30 458.36 14.39 149.61
2018-03-31 456.41 19.50 150.03
2017-12-31 454.85 20.61 149.07
2017-09-30 455.42 38.83 149.67
2017-06-30 449.07 35.48 148.07
2017-03-31 444.83 32.96 144.67
2016-12-31 441.09 34.80 142.39
2016-09-30 435.47 36.13 139.75
2016-06-30 432.46 36.97 135.32
2016-03-31 433.72 41.06 131.09
2015-12-31 434.44 40.02 130.64
2015-09-30 436.85 39.93 130.49
2015-06-30 438.46 41.16 129.50
2015-03-31 441.46 42.96 128.87
2014-12-31 446.04 46.36 127.99
2014-09-30 454.05 14.46 129.95
2014-06-30 463.33 12.65 134.07
2014-03-31 482.56 13.98 139.54
2013-12-31 503.60 16.43 142.25
2013-09-30 521.45 52.01 143.84
2013-06-30 535.68 52.96 147.53
2013-03-31 549.95 59.17 147.54
2012-12-31 561.98 65.93 148.29
2012-09-30 575.87 75.97 150.74
2012-06-30 587.48 85.81 150.61
2012-03-31 605.01 94.24 153.44

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Strategic Education has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Strategic Education has efficiently used its assets last year compared to the US Consumer Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Strategic Education improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Strategic Education's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Strategic Education has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

STRA Health

 How is Strategic Education's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Strategic Education's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Strategic Education is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Strategic Education's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Strategic Education's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Strategic Education has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Strategic Education Company Filings, last reported 4 months ago.

NasdaqGS:STRA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1,408.33 0.00 314.52
2018-06-30 223.84 0.00 171.60
2018-03-31 218.29 0.00 165.87
2017-12-31 209.20 0.00 155.93
2017-09-30 215.49 0.00 150.48
2017-06-30 209.20 0.00 147.87
2017-03-31 198.53 0.00 147.10
2016-12-31 188.37 0.00 129.25
2016-09-30 173.22 0.00 120.50
2016-06-30 167.94 0.00 117.42
2016-03-31 158.12 0.00 117.50
2015-12-31 142.86 0.00 106.89
2015-09-30 127.18 0.00 86.92
2015-06-30 120.66 115.86 195.56
2015-03-31 106.36 117.38 188.28
2014-12-31 92.73 118.75 162.28
2014-09-30 77.72 119.53 150.47
2014-06-30 69.96 120.42 136.08
2014-03-31 54.17 121.09 126.20
2013-12-31 38.90 121.88 94.76
2013-09-30 56.97 122.69 85.22
2013-06-30 50.96 123.44 67.54
2013-03-31 32.32 125.20 50.76
2012-12-31 40.99 126.21 47.52
2012-09-30 64.99 103.40 45.61
2012-06-30 69.25 100.92 48.69
2012-03-31 56.03 93.57 52.70
  • Strategic Education has no debt.
  • Strategic Education has no debt compared to 5 years ago when it was 216.1%.
  • Strategic Education has no debt, it does not need to be covered by operating cash flow.
  • Strategic Education has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Strategic Education's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Strategic Education has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

STRA Dividends

 What is Strategic Education's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.58%
Current annual income from Strategic Education dividends.
If you bought $2,000 of Strategic Education shares you are expected to receive $32 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Strategic Education's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.4%).
  • Strategic Education's dividend is below the markets top 25% of dividend payers in United States of America (3.54%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:STRA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2001 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:STRA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31
2018-12-31
NasdaqGS:STRA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2018-11-08 2.000 1.689
2018-08-01 2.000 1.524
2018-03-01 1.000 0.930
2017-10-30 1.000 1.076
2017-07-27 1.000 1.201
2017-07-26 1.000 1.251
2017-05-04 1.000 1.099
2017-05-03 1.000 1.080
2017-02-17 1.000 1.252
2017-02-16 1.000 1.286
2015-02-06 0.000 0.000
2014-11-03 0.000 0.000
2014-10-30 0.000 0.000
2014-08-01 0.000 0.000
2014-07-31 0.000 0.000
2014-05-09 0.000 0.000
2014-05-07 0.000 0.000
2014-02-26 0.000 0.000
2014-02-21 0.000 0.000
2013-11-01 0.000 0.000
2013-10-31 0.000 0.000
2013-07-26 0.000 0.000
2013-07-25 0.000 0.000
2013-05-03 0.000 0.000
2013-05-02 0.000 0.000
2012-11-09 4.000 7.690
2012-07-26 4.000 6.105
2012-04-26 4.000 4.221
2012-02-16 4.000 4.169
2011-11-03 4.000 3.971
2011-07-28 4.000 4.448
2011-04-28 4.000 3.139
2011-02-17 4.000 3.022
2010-10-28 4.000 2.923
2010-07-29 3.000 1.853
2010-04-29 3.000 1.288
2010-02-11 3.000 1.259
2009-10-29 3.000 1.452
2009-07-30 2.000 0.934
2009-04-30 2.000 1.000
2009-02-23 2.000 1.166

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of Strategic Education's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Strategic Education's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Strategic Education afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Strategic Education has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

STRA Management

 What is the CEO of Strategic Education's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Karl McDonnell
COMPENSATION $2,978,050
AGE 52
TENURE AS CEO 5.8 years
CEO Bio

Mr. Karl McDonnell serves as the President and Chief Executive Officer at Strayer Education Inc. since June 2018. Mr. McDonnell was Chief Executive Officer of Strayer Education Inc. from May 2, 2013 to June 2018. Mr. McDonnell served as the President and Chief Operating Officer of Strayer Education Inc. from July 27, 2006 to May 2, 2013. He joined Strayer Education in July 2006. He served as the Chief Operating Officer of InteliStaf Healthcare. He served as Vice President of the Investment Banking Division at Goldman, Sachs & Co. He held senior management positions with several Fortune 100 companies, including The Walt Disney Company. He has been a Director of Strayer Education Inc. since November 1, 2011. Mr. McDonnell holds a bachelor's degree in political science and American history from Virginia Wesleyan College and an MBA from Duke University.

CEO Compensation
  • Karl's compensation has been consistent with company performance over the past year.
  • Karl's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Strategic Education management team in years:

3.9
Average Tenure
52
Average Age
  • The tenure for the Strategic Education management team is about average.
Management Team

Rob Silberman

TITLE
Executive Chairman of the Board
COMPENSATION
$1M
AGE
60

Karl McDonnell

TITLE
President
COMPENSATION
$3M
AGE
52
TENURE
5.8 yrs

Dan Jackson

TITLE
Executive VP & CFO
COMPENSATION
$2M
AGE
43
TENURE
3.9 yrs

Thomas Aprahamian

TITLE
Chief Accounting Officer
COMPENSATION
$514K
AGE
49
TENURE
3.9 yrs

Brian Jones

TITLE
President of Strayer University
COMPENSATION
$1M
AGE
49
TENURE
3.7 yrs

J. Gilligan

TITLE
Executive Vice Chairman
AGE
63

Lizette Herraiz

TITLE
General Counsel & Secretary of the Board

Sondra Stallard

TITLE
President Emerita and Director of Accreditation & Regulatory Affairs - Strayer University
COMPENSATION
$800K
AGE
68
TENURE
7.3 yrs

Michael Plater

TITLE
President Emeritus & Director of Community College Relations - Strayer University
COMPENSATION
$2M
AGE
61
TENURE
3.8 yrs

Andrea Backman

TITLE
Chief Academic Officer & Provost
AGE
48
Board of Directors Tenure

Average tenure and age of the Strategic Education board of directors in years:

11.9
Average Tenure
64
Average Age
  • The average tenure for the Strategic Education board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Rob Silberman

TITLE
Executive Chairman of the Board
COMPENSATION
$1M
AGE
60
TENURE
16 yrs

Karl McDonnell

TITLE
President
COMPENSATION
$3M
AGE
52
TENURE
7.3 yrs

J. Gilligan

TITLE
Executive Vice Chairman
AGE
63
TENURE
0.5 yrs

G. Waite

TITLE
Independent Director
COMPENSATION
$160K
AGE
66
TENURE
22.6 yrs

Bob Grusky

TITLE
Presiding Independent Director
COMPENSATION
$150K
AGE
60
TENURE
1.1 yrs

J. Wargo

TITLE
Independent Director
COMPENSATION
$155K
AGE
65
TENURE
18.1 yrs

Todd Milano

TITLE
Independent Director
COMPENSATION
$150K
AGE
65
TENURE
22.6 yrs

Charlotte Beason

TITLE
Independent Director
COMPENSATION
$150K
AGE
70
TENURE
22.6 yrs

John Casteen

TITLE
Independent Director
COMPENSATION
$160K
AGE
75
TENURE
7.8 yrs

Nate Fick

TITLE
Independent Director
COMPENSATION
$175K
AGE
40
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • Strategic Education insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Dec 18 Buy Todd Milano Individual 12. Dec 18 12. Dec 18 280 $122.53 $34,308
03. Dec 18 Sell J. Gilligan Individual 29. Nov 18 29. Nov 18 -3,343 $133.21 $-441,901
26. Nov 18 Sell J. Gilligan Individual 23. Nov 18 23. Nov 18 -5,000 $128.73 $-640,179
16. Nov 18 Sell J. Gilligan Individual 15. Nov 18 15. Nov 18 -5,000 $140.58 $-691,749
14. Nov 18 Sell Robert Grusky Individual 12. Nov 18 12. Nov 18 -507 $144.05 $-73,033
09. Nov 18 Sell J. Gilligan Individual 08. Nov 18 08. Nov 18 -5,000 $144.14 $-713,420
02. Nov 18 Sell J. Gilligan Individual 01. Nov 18 01. Nov 18 -5,000 $124.61 $-623,050
26. Oct 18 Sell J. Gilligan Individual 25. Oct 18 25. Oct 18 -5,000 $125.38 $-623,790
19. Oct 18 Sell J. Gilligan Individual 18. Oct 18 18. Oct 18 -5,000 $131.05 $-651,988
03. Aug 18 Buy H. Dallas Individual 02. Aug 18 02. Aug 18 1,625 $123.60 $200,850
15. Jun 18 Sell John Casteen Individual 08. Jun 18 08. Jun 18 -1,138 $111.03 $-126,352
15. Jun 18 Sell William Brock Individual 15. Jun 18 15. Jun 18 -4,100 $109.91 $-450,631
15. May 18 Sell Brian Jones Individual 14. May 18 14. May 18 -3,600 $103.74 $-373,464
10. May 18 Sell Karl McDonnell Individual 08. May 18 09. May 18 -18,313 $103.24 $-1,872,718
08. May 18 Sell Karl McDonnell Individual 03. May 18 07. May 18 -28,361 $110.39 $-3,022,992
19. Mar 18 Sell Brian Jones Individual 15. Mar 18 15. Mar 18 -3,239 $101.86 $-329,925
07. Mar 18 Sell Daniel Jackson Individual 05. Mar 18 06. Mar 18 -19,097 $96.05 $-1,783,533
07. Mar 18 Sell Thomas Aprahamian Individual 05. Mar 18 05. Mar 18 -2,964 $93.16 $-270,061
07. Mar 18 Sell Brian Jones Individual 05. Mar 18 05. Mar 18 -8,743 $93.64 $-797,686
X
Management checks
We assess Strategic Education's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Strategic Education has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

STRA News

Simply Wall St News

Should Strategic Education, Inc. (NASDAQ:STRA) Be Your Next Stock Pick?

I've been keeping an eye on Strategic Education, Inc. … Looking at the company as a whole, as a potential stock investment, I believe STRA has a lot to offer. … is a company with

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Zooming in on NASDAQ:STRA's 1.8% Dividend Yield

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Historically, Strategic Education, Inc. … Let's dig deeper into whether Strategic Education should have a place in your portfolio.

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What You Must Know About Strategic Education, Inc.'s (NASDAQ:STRA) Financial Health

Mid-caps stocks, like Strategic Education, Inc. … Today we will look at STRA’s financial liquidity and debt levels, which are strong indicators for whether the company can weather economic downturns or fund strategic acquisitions for future growth. … Don’t forget that this is a general and concentrated examination of Strategic Education's financial health, so you should conduct further analysis.

Simply Wall St -

Is Strategic Education, Inc. (NASDAQ:STRA) Struggling With Its 2.2% Return On Capital Employed?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

At US$128, Is It Time To Put Strategic Education Inc (NASDAQ:STRA) On Your Watch List?

Strategic Education Inc (NASDAQ:STRA), which is in the consumer services business, and is based in United States,. … A question to answer is whether Strategic Education's current trading price of $128.31 reflective of the actual value of the? … Let’s take a look at Strategic Education’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change

Simply Wall St -

Should We Worry About Strategic Education Inc's (NASDAQ:STRA) P/E Ratio?

This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). … Based on the last twelve months, Strategic Education's P/E ratio is 96.13. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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What Kind Of Shareholder Appears On The Strategic Education Inc's (NASDAQ:STRA) Shareholder Register?

Every investor in Strategic Education Inc (NASDAQ:STRA) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Strategic Education isn't enormous, but it's not particularly small either.

Simply Wall St -

Is Strategic Education Inc's (NASDAQ:STRA) CEO Being Overpaid?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Karl McDonnell's Compensation Compare With Similar Sized Companies. … A first glance this seems like a real positive for shareholders, since Karl McDonnell is paid less than the average compensation paid by similar sized companies.

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What To Know Before Buying Strategic Education Inc (NASDAQ:STRA) For Its Dividend

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Strategic Education Inc (NASDAQ:STRA) has returned to shareholders over the past 10 years, an average dividend yield of 1.00% annually. … Let's take a look at Strategic Education in more detail.

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How Did Strayer Education Inc's (NASDAQ:STRA) 8.93% ROE Fare Against The Industry?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … Knowing these components can change your views on STRA's below-average returns. … Today I will look at how components such as financial leverage can influence ROE which may impact the sustainability of STRA's returns

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STRA Company Info

Map
Description

Strategic Education, Inc., through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University and Capella University that provide undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online. It also offers an executive MBA online through its Jack Welch Management Institute. In addition, the company operates New York Code and Design Academy that provides non-degree courses in Web and application software development primarily through its campus in New York City. Strategic Education, Inc. was founded in 1892 and is headquartered in Herndon, Virginia.

Details
Name: Strategic Education, Inc.
STRA
Exchange: NasdaqGS
Founded: 1892
$2,537,481,688
21,112,253
Website: http://www.strategiceducation.com
Address: Strategic Education, Inc.
2303 Dulles Station Boulevard,
Herndon,
Virginia, 20171,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS STRA Common Stock Nasdaq Global Select US USD 25. Jul 1996
DB SQE Common Stock Deutsche Boerse AG DE EUR 25. Jul 1996
Number of employees
Current staff
Staff numbers
1,467
Strategic Education employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/21 23:47
End of day share price update: 2019/02/21 00:00
Last estimates confirmation: 2019/02/18
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.