STOCK TITAN

Strategic Education, Inc. - STRA STOCK NEWS

Welcome to our dedicated page for Strategic Education news (Ticker: STRA), a resource for investors and traders seeking the latest updates and insights on Strategic Education stock.

Strategic Education, Inc. (NASDAQ: STRA) is a leading education services company committed to fostering economic mobility through education. The company offers a wide range of innovative programs and services designed to help working adult students advance their careers and improve their lives. Key educational pathways include Strayer University, Capella University, Jack Welch Management Institute, Hackbright Academy, Devmountain, New York Code + Design Academy, Sophia Learning, Degrees@Work, and Generation Code.

Strategic Education, Inc. focuses on enhancing college affordability, student engagement, and workforce readiness, supporting the growing majority of non-traditional students. The objective is to equip these students with the skills necessary to excel in today's job market. The company operates through several wholly-owned subsidiaries including Strayer University and Capella University, both accredited in the U.S., and Torrens University in Australia.

Strategic Education, Inc. offers a variety of educational options, from campus-based to online post-secondary education. In addition, they provide job-ready skills training for high-demand markets. The company's operations are divided into three reportable segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services.

Recent achievements include the expansion of online learning platforms and partnerships with industry leaders to provide employees with affordable and relevant training, certificates, and degree programs. Strategic Education, Inc. remains dedicated to making quality education accessible and affordable, ensuring graduates are well-prepared for the workforce.

For the latest updates, news, and developments on Strategic Education, Inc., visit their official website and follow their press releases.

Rhea-AI Summary

Strategic Education (NASDAQ: STRA) reported strong Q3 2024 results with revenue increasing 7.0% to $306.0 million. Net income rose to $27.7 million with diluted EPS of $1.15. The U.S. Higher Education segment saw enrollment growth of 4.8% to 86,533 students, while the Education Technology Services segment experienced a 26.2% revenue increase. The Australia/New Zealand segment reported 5.1% enrollment growth. The company declared a quarterly dividend of $0.60 per share, payable December 9, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.17%
Tags
-
Rhea-AI Summary

Strategic Education, Inc. (NASDAQ: STRA) has announced its upcoming third quarter 2024 results conference call, scheduled for Thursday, November 7, 2024, at 10:00 a.m. ET. The company will release its financial results via a news release before the market opens on the same day. Investors can access the live webcast of the conference call through the Investor Relations section of www.strategiceducation.com, 15 minutes prior to the start time.

For those wishing to participate in the live call, registration is required in advance to receive dial-in information and a PIN. Following the call, an archived version of the webcast will be available on the company's website in the Investor Relations section.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
conferences earnings
-
Rhea-AI Summary

Capella University's Master of Science (MS) in Clinical Psychology, Clinical Counseling specialization has received full accreditation from the American Psychological Association (APA)'s Commission on Accreditation (CoA). This makes it one of the first master's programs to achieve this accreditation. The CoA determined that Capella's program adheres to the Standards of Accreditation for Master's Programs in Health Service Psychology and provides clinical psychology training aligned with health service psychology and APA's profession-wide competencies.

The program includes online courses and in-person residencies, designed to strengthen students' skills through competency-based, scientific study of mental and behavioral health. Capella University President Constance St. Germain emphasized the institution's commitment to developing courses around nationally recognized standards. The APA accreditation adds to Capella's existing accreditation by the Higher Learning Commission, reflecting its dedication to providing high-quality education and training for students.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
none
Rhea-AI Summary

The Jack Welch Management Institute (JWMI) at Strayer University has achieved its highest ranking to date, moving up to #6 in The Princeton Review's list of top 50 online MBA programs for 2024. This marks the fourth consecutive year of improvement in rankings. The evaluation is based on institutional and student survey data, considering factors such as career outcomes, technological infrastructure, academic rigor, and affordability.

JWMI's online MBA program, accredited and completable in as little as 18 months, was founded by the late Jack Welch and aims to equip students with practical, cutting-edge skills for career success. The program has also been recognized by other prestigious publications such as Poets & Quants, CEO Magazine, and Top MBA.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
-
Rhea-AI Summary

Strategic Education, Inc. (STRA) released its annual survey of working Americans, revealing that 50% of employees are concerned about acquiring skills needed for career advancement, despite 74% receiving upskilling opportunities from employers. The survey of 2,005 full-time U.S. workers found that:

- 85% of employees utilize available upskilling opportunities
- 53% receive in-house training as the most common upskilling option
- Less than 33% receive tuition benefits
- 91% believe employers should invest in continued education
- 93% say learning new skills keeps them motivated at work

The findings suggest that current upskilling efforts may be insufficient to close the skills gap. CEO Karl McDonnell recommends employers offer more strategic education benefits programs to yield higher returns on upskilling investments.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
none
-
Rhea-AI Summary

Strategic Education, Inc. (NASDAQ: STRA) reported strong Q2 2024 results with an 8.5% revenue increase to $312.3 million. Key highlights include:

- U.S. Higher Education segment saw 8.4% enrollment growth to 87,077 students
- Education Technology Services segment revenue increased 25.6% to $24.5 million
- Australia/New Zealand segment enrollment grew 6.4% to 19,113 students

The company's net income rose to $29.9 million, with diluted earnings per share of $1.24. Strategic Education declared a quarterly cash dividend of $0.60 per share, payable on September 16, 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.77%
Tags
Rhea-AI Summary

Strategic Education (NASDAQ: STRA) will host a conference call on July 31, 2024, at 10:00 a.m. ET to discuss its second quarter results. A news release with the results will be issued before the market opens on the same day.

Investors can access the live webcast through the Investor Relations section at www.strategiceducation.com, 15 minutes before the call starts. The webcast will also be archived on the website for future access.

To participate, investors need to register in advance to receive dial-in details and a PIN.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
conference call earnings
-
Rhea-AI Summary

Capella University released a new outcomes brief highlighting the growth of Credit for Prior Learning (CPL) programs among adult learners and learners of color between 2019-2022. The percentage of learners receiving CPL increased, especially among learners of color. The program allows students to earn college credit for previous knowledge and skills gained outside formal education. The data shows positive impact on student outcomes, particularly for underrepresented backgrounds.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
none
-
Rhea-AI Summary

Strayer University has named Dr. Antoinette ‘Toni’ Farmer-Thompson as its new president, making her the first Black woman to hold the position. Dr. Farmer-Thompson brings years of experience in higher education and a focus on economic and gender equity to her new role. She aims to continue developing innovative solutions to empower students at Strayer University.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
none
Rhea-AI Summary
Strategic Education, Inc. (NASDAQ: STRA) reported strong financial results for the first quarter of 2024. Revenue increased by 13.1% to $290.3 million, with net income reaching $29.7 million. The U.S. Higher Education segment saw a 9.8% increase in student enrollment, while the Education Technology Services segment experienced a 29.8% revenue growth. The Australia/New Zealand segment also showed positive results with a 4.8% increase in student enrollment. Adjusted earnings per share rose to $1.11 from $0.24 in the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
16.28%
Tags

FAQ

What is the current stock price of Strategic Education (STRA)?

The current stock price of Strategic Education (STRA) is $99.92 as of November 8, 2024.

What is the market cap of Strategic Education (STRA)?

The market cap of Strategic Education (STRA) is approximately 2.5B.

What is Strategic Education, Inc.?

Strategic Education, Inc. (NASDAQ: STRA) is a leading education services company dedicated to fostering economic mobility through innovative educational programs and services.

What educational pathways does Strategic Education offer?

Strategic Education offers various pathways including Strayer University, Capella University, Jack Welch Management Institute, Hackbright Academy, Devmountain, New York Code + Design Academy, Sophia Learning, Degrees@Work, and Generation Code.

What is the focus of Strategic Education, Inc.?

The company focuses on improving college affordability, student engagement, and workforce readiness to support non-traditional students.

What are the main segments of Strategic Education's operations?

The main operational segments are U.S. Higher Education, Australia/New Zealand, and Education Technology Services.

What recent achievements has Strategic Education made?

Recent achievements include expanding online learning platforms and forming partnerships to provide affordable, relevant training and certificate programs.

Where are Strategic Education's universities accredited?

Strayer University and Capella University are accredited in the U.S., while Torrens University is accredited in Australia.

Does Strategic Education provide online education?

Yes, Strategic Education offers both campus-based and online post-secondary education.

How does Strategic Education support workforce readiness?

The company offers job-ready skills training for high-demand markets and partners with industry leaders to ensure relevant education.

How can I stay updated on Strategic Education's news and developments?

Visit the company's official website and follow their press releases for the latest updates and news.

What are Degrees@Work and Generation Code?

Degrees@Work provides employees with access to affordable degree programs, while Generation Code offers coding education.

Strategic Education, Inc.

Nasdaq:STRA

STRA Rankings

STRA Stock Data

2.45B
24.62M
3.29%
93.57%
1.87%
Education & Training Services
Services-educational Services
Link
United States of America
HERNDON