STRA Strategic Education Inc.

Strategic Education, Inc. engages in the provision of educational services. It operates through the following segments: Strayer University, Capella University, and Non-Degree Programs. The Strayer University segment includes programs offered through the Jack Welch Management Institute. The company was founded in 1892 and is headquartered in Herndon, VA.

Company profile

Ticker

STRA

Exchange

NASDAQ

Website

www.strategiceducation.com

CEO

Karl McDonnell

Incorporated

Maryland

Location

Virginia

Fiscal year end

Dec 31

Sector

Consumer Services > Other Consumer Services

Industry (SIC)

Services - Educational Services

Graham • Adtalem Global Education • PERDOCEO EDUCATION • New Oriental Education & Technology • OneSmart International Education • Sunlands Technology • GSX Techedu • Zovio • Afya Limited • Lincoln Educational Services ...

Former names

STRAYER EDUCATION INC

SEC CIK

0001013934

Corporate docs

Articles of Incorporation & Bylaws

IRS number

521975978

STRA stock data

S&P 500

1M 1Y 2Y 5Y

Calendar

31 Jul 20

25 Sep 20

31 Dec 20

News

Financial summary

Financial statements Chart STRA financial data

Quarter (USD)	Jun 20	Mar 20	Sep 19	Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 19	Dec 18	Dec 17	Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Recent insider trades

STRA insider ownership history Insider history

Date	Owner	Security	Transaction	Code	10b5-1	$Price	#Shares	$Value	#Remaining
4 May 29	J Kevin Gilligan	Common Stock	Sell	Dispose S	No	148.88	739	110.02K	6,293
9 Jun 20	Grusky Robert R	Common Stock	Sell	Dispose S	No	180.81	250	45.2K	7,072
13 May 20	Casteen John T Iii	Common Stock	Sell	Dispose S	No	163.2	705	115.06K	7,338
7 May 20	Grusky Robert R	Common Stock	Sell	Dispose S	No	165.05	1,362	224.8K	7,322
5 May 20	Grusky Robert R	Common Stock	Sell	Dispose S	No	155.05	705	109.31K	8,684
4 May 20	J Kevin Gilligan	Common Stock	Sell	Dispose S	No	150.03	1,152	172.83K	5,141
4 May 20	J Kevin Gilligan	Common Stock	Sell	Dispose S	No	147.8	1,303	192.58K	7,032
4 May 20	J Kevin Gilligan	Common Stock	Sell	Dispose S	No	147.01	662	97.32K	8,335
1 May 20	J Kevin Gilligan	Common Stock	Sell	Dispose S	No	157.99	700	110.59K	8,997
1 May 20	J Kevin Gilligan	Common Stock	Sell	Dispose S	No	156.66	200	31.33K	9,697

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q2 2020

STRA institutional ownership history Ownership history

0.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1	1	–
Opened positions	0	1	EXIT
Closed positions	0	0
Increased positions	0	0
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	8K	7K	+14.3%
Total shares	52	52	–
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Gemmer Asset Management	52	$8K	0.0%

Largest transactions	Shares	Bought/sold	Change
Gemmer Asset Management	52	0	0.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Aspen

Risks

The current COVID-19 pandemic and other possible future public health emergencies may adversely affect our business, our future results of operations, and our overall financial performance.
COVID-19 related regulatory and legislative changes may contain ambiguous provisions that could result in penalties in case of institutional noncompliance.
Student loan defaults could result in the loss of eligibility to participate in Title IV programs.

Management Discussion

In the second quarter of 2020, we generated $255.8 million in revenue compared to $245.1 million in 2019. Our income from operations was $46.4 million for the second quarter of 2020 compared to $27.6 million in 2019 due primarily to higher revenues driven by enrollment growth and lower merger and integration related costs. Net income in the second quarter of 2020 was $34.2 million compared to $24.4 million for the same period in 2019. Diluted earnings per share was $1.55 compared to $1.10 for the same period in 2019. For the six months ended June 30, 2020, we generated $521.1 million in revenue, compared to $491.6 million for the same period in 2019. Our income from operations was $90.4 million for the six months ended June 30, 2020 compared to $53.3 million for the same period in 2019. Net income was $69.4 million for the six months ended June 30, 2020 compared to $35.9 million for the same period in 2019, and diluted earnings per share was $3.15 in the six months ended June 30, 2020 compared to $1.63 for the same period in 2019.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: advisor, Advisory, AMEA, American, Art, Australia, begun, Center, Colorado, downturn, Dream, driven, event, exposure, flat, guarantor, House, hybrid, intervention, larger, Laureate, LEI, low, magnitude, NACIQI, Newco, outlined, override, party, pay, pronounced, proper, recast, recommendation, recommended, reject, remedial, sensitive, slight, slightly, unanimously, unsuccessful, wholly, Zealand

Removed: antidilutive, authority, documented, excluded

From filing 10-Q 2020 Q2