American Public Education (APEI) Stock Insights
$805.63M
Market Cap
18.99
P/E
16.78
Forward P/E
61
Score
APEI price $44.02 -2.15 -4.66%
Stocklytics score rationale: value 62, quality 61, growth 61.
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 313139000 | 299248000 | 297687000 | 286270000 | 321785000 | 418803000 | 606328000 | 600545000 | 624559000 | 648862000 |
American Public Education, Inc. (APEI), along with its affiliated entities, delivers higher learning opportunities accessible both online and at physical campuses. The organization operates through three principal divisions: the American Public University System, Rasmussen University, and Hondros College of Nursing. APEI provides an extensive array of academic pathways, offering 130 degree programs and 111…
APEI fair value $64.42. Price $44.02. Price is 32% below fair value.
Below fair value, around its usual discount.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 70.07M. Growth 19.88%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 12.00% (beta 1.4). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 18.30M. Net debt -13.54M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-09 | — | 0.26 | — | 166.14M |
| 2026-08-10 | 0.52 | 0.36 | 171.70M | 170.88M |
| 2026-05-11 | 0.94 | 0.61 | 174.74M | 173.73M |
| 2026-03-12 | 0.67 | 0.39 | 158.33M | 151.82M |
| 2025-11-10 | 0.30 | -0.09 | 163.22M | 160.76M |
| 2025-08-06 | -0.02 | -0.07 | 162.77M | 161.04M |
| 2025-05-12 | 0.41 | 0.15 | 164.55M | 161.73M |
| 2025-03-06 | 0.63 | 0.54 | 164.11M | 161.70M |
| 2024-11-12 | 0.04 | 0.03 | 153.12M | 153.65M |
| 2024-08-06 | -0.06 | 0.01 | 152.90M | 154.07M |
| 2024-05-07 | -0.06 | -0.19 | 154.40M | 152.35M |
| 2024-03-05 | 0.64 | 0.14 | 152.80M | 150.47M |
| 2023-11-07 | 0.02 | -0.25 | 150.84M | 149.20M |
| 2023-08-08 | -2.94 | -0.31 | 147.21M | 146.38M |
| 2023-05-09 | -0.38 | -0.46 | 149.69M | 151.27M |
| 2023-03-14 | -0.35 | -0.17 | 152.44M | 152.63M |
| 2022-11-08 | -0.20 | -0.25 | 149.53M | 146.62M |
| 2022-08-09 | -0.06 | 0.06 | 149.61M | 152.12M |
| 2022-05-10 | 0.28 | 0.19 | 154.75M | 157.13M |
| 2022-03-02 | 0.50 | 0.35 | 154.00M | 152.10M |
| 2021-11-08 | -0.01 | 0.01 | 98.25M | 152.58M |
| 2021-08-09 | 0.03 | 0.05 | 78.01M | 78.01M |
| 2021-05-10 | 0.49 | 0.42 | 88.54M | 87.94M |
| 2021-03-09 | 0.47 | 0.42 | 85.91M | 84.70M |
| 2020-11-09 | 0.18 | 0.15 | 79.13M | 63.31M |
| 2020-08-10 | 0.45 | 0.24 | 82.13M | 57.17M |
| 2020-05-11 | 0.16 | 0.17 | 74.62M | 79.28M |
| 2020-03-10 | 0.37 | 0.38 | 74.38M | 76.39M |
| 2019-11-12 | 0.11 | 0.01 | 67.89M | 6.17M |
| 2019-08-06 | 0.30 | 0.30 | 70.56M | 70.56M |
| 2019-05-07 | 0.32 | 0.33 | 73.44M | 75.74M |
| 2019-03-12 | 0.55 | 0.52 | 76.93M | 72.73M |
| 2018-11-06 | 0.33 | 0.31 | 72.99M | 68.57M |
| 2018-08-08 | 0.39 | 0.33 | 72.80M | 61.60M |
| 2018-05-08 | 0.35 | 0.34 | 74.97M | 72.83M |
| 2018-02-27 | 0.51 | 0.33 | 78.08M | 50.53M |
| 2017-11-07 | 0.27 | 0.21 | 73.28M | 56.99M |
| 2017-08-08 | 0.23 | 0.23 | 72.20M | 72.20M |
| 2017-05-09 | 0.28 | 0.28 | 75.69M | 75.69M |
| 2017-02-28 | 0.42 | 0.44 | 78.62M | 82.37M |
Yield 0.00%. Payout ratio 0.00%. Frequency —.
Safety score 37/100 · Watch. Payout ratio is 0% of earnings. Free-cash-flow coverage is not available, so this part stays neutral. No dividend history was found. There is no dividend yield.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| No data yet. | ||||
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-10-22 | Kenigsberg James | Sell | 1.26K | $47.69 | 59.90K |
| 2026-10-20 | Codispoti Edward H | Sell | 689 | $48.56 | 33.46K |
| 2026-10-01 | Pianko Daniel S. | Buy | 1.11K | $36.15 | 39.98K |
| 2026-08-12 | Fernandes Nuno S. | Buy | 8.80K | $10.66 | 93.81K |
| 2026-08-12 | Fernandes Nuno S. | Sell | 8.80K | $45.13 | 397.14K |
| 2026-08-12 | Fernandes Nuno S. | Sell | 8.80K | $10.66 | 93.81K |
| 2026-08-12 | Kenigsberg James | Sell | 1.31K | $45.72 | 60.03K |
| 2026-08-04 | Kenigsberg James | Sell | 2.13K | $53.42 | 113.94K |
| 2026-08-03 | Kenigsberg James | Buy | 7.57K | — | — |
| 2026-07-01 | Pianko Daniel S. | Buy | 1.11K | $36.15 | 40.02K |
| 2026-06-22 | Beckett Thomas | Sell | 2.00K | $54.00 | 108.00K |
| 2026-06-15 | Beckett Thomas | Sell | 5.21K | $51.39 | 267.89K |
| 2026-06-15 | Beckett Thomas | Sell | 2.59K | $52.44 | 135.67K |
| 2026-06-15 | Beckett Thomas | Sell | 200 | $53.01 | 10.60K |
| 2026-05-22 | Braner Michael David | Buy | 2.13K | — | — |
| 2026-05-22 | Kenigsberg James | Sell | 1.29K | $51.50 | 66.23K |
| 2026-05-22 | Statuto Richard J. | Buy | 2.13K | — | — |
| 2026-05-22 | Fabrega Anna M. | Buy | 2.13K | — | — |
| 2026-05-22 | Blevins Granetta B. | Buy | 2.13K | — | — |
| 2026-05-22 | Pianko Daniel S. | Buy | 2.13K | — | — |
| 2026-05-13 | Fernandes Nuno S. | Sell | 4.50K | $53.34 | 240.03K |
| 2026-04-01 | Pianko Daniel S. | Buy | 1.11K | $36.15 | 40.02K |
| 2026-03-20 | 325 CAPITAL LLC | Sell | 62.10K | $53.74 | 3.34M |
| 2026-03-20 | 325 CAPITAL LLC | Sell | 2.90K | $54.60 | 158.35K |
| 2026-03-19 | 325 CAPITAL LLC | Sell | 10.48K | $54.20 | 567.90K |
| 2026-03-19 | 325 CAPITAL LLC | Sell | 80.33K | $54.79 | 4.40M |
| 2026-03-19 | 325 CAPITAL LLC | Sell | 4.70K | $55.55 | 261.20K |
| 2026-03-19 | Fernandes Nuno S. | Sell | 1.10K | $54.08 | 59.49K |
| 2026-03-18 | 325 CAPITAL LLC | Sell | 63.50K | $55.41 | 3.52M |
| 2026-03-17 | Gaffney Karmela | Sell | 2.70K | $55.87 | 150.86K |
| 2026-03-17 | 325 CAPITAL LLC | Sell | 58.80K | $55.85 | 3.28M |
| 2026-03-16 | 325 CAPITAL LLC | Sell | 61.96K | $55.45 | 3.44M |
| 2026-03-16 | Beckett Thomas | Sell | 2.00K | $57.70 | 115.40K |
| 2026-03-16 | Fernandes Nuno S. | Sell | 6.50K | $53.87 | 350.13K |
| 2026-03-16 | Axenson Tanya Joy | Sell | 10.62K | $55.20 | 586.06K |
| 2026-03-16 | Axenson Tanya Joy | Sell | 8.82K | $56.18 | 495.31K |
| 2026-03-16 | Axenson Tanya Joy | Sell | 566 | $56.90 | 32.21K |
| 2026-03-10 | Gaffney Karmela | Buy | 14.43K | — | — |
| 2026-03-10 | Gaffney Karmela | Sell | 1.47K | $45.51 | 66.85K |
| 2026-03-10 | Fernandes Nuno S. | Buy | 13.77K | — | — |
| 2026-03-10 | Fernandes Nuno S. | Sell | 1.81K | $45.51 | 82.24K |
| 2026-03-10 | Beckett Thomas | Buy | 14.43K | — | — |
| 2026-03-10 | Beckett Thomas | Sell | 2.17K | $45.51 | 98.71K |
| 2026-03-10 | Axenson Tanya Joy | Buy | 14.43K | — | — |
| 2026-03-10 | Axenson Tanya Joy | Sell | 1.73K | $45.51 | 78.69K |
| 2026-03-10 | Arnold Mark L. | Buy | 10.49K | — | — |
| 2026-03-10 | Arnold Mark L. | Sell | 1.07K | $45.51 | 48.56K |
| 2026-03-10 | Selden Angela K. | Buy | 98.35K | — | — |
| 2026-03-10 | Selden Angela K. | Sell | 12.90K | $45.51 | 587.12K |
| 2026-02-09 | Fernandes Nuno S. | Sell | 1.65K | $44.15 | 72.89K |
| 2026-02-09 | Fernandes Nuno S. | Sell | 2.03K | $44.15 | 89.76K |
| 2026-02-09 | Beckett Thomas | Sell | 1.54K | $44.15 | 67.86K |
| 2026-02-09 | Beckett Thomas | Sell | 1.89K | $44.15 | 83.53K |
| 2026-02-09 | Axenson Tanya Joy | Sell | 948 | $44.15 | 41.85K |
| 2026-02-09 | Axenson Tanya Joy | Sell | 1.17K | $44.15 | 51.48K |
| 2026-02-09 | Selden Angela K. | Sell | 11.55K | $44.15 | 509.98K |
| 2026-02-09 | Selden Angela K. | Sell | 14.22K | $44.15 | 627.99K |
| 2026-02-02 | Selden Angela K. | Buy | 44.85K | — | — |
| 2026-02-02 | Gaffney Karmela | Buy | 5.28K | — | — |
| 2026-02-02 | Fernandes Nuno S. | Buy | 7.26K | — | — |
| 2026-02-02 | Beckett Thomas | Buy | 5.28K | — | — |
| 2026-02-02 | Axenson Tanya Joy | Buy | 4.62K | — | — |
| 2026-02-02 | Arnold Mark L. | Buy | 4.62K | — | — |
| 2026-01-31 | Selden Angela K. | Sell | 8.04K | $42.30 | 340.05K |
| 2026-01-31 | Selden Angela K. | Sell | 11.70K | $42.30 | 494.78K |
| 2026-01-31 | Gaffney Karmela | Sell | 838 | $42.30 | 35.45K |
| 2026-01-31 | Gaffney Karmela | Sell | 1.22K | $42.30 | 51.73K |
| 2026-01-31 | Fernandes Nuno S. | Sell | 2.29K | $42.30 | 97.08K |
| 2026-01-31 | Fernandes Nuno S. | Sell | 3.34K | $42.30 | 141.32K |
| 2026-01-31 | Beckett Thomas | Sell | 2.22K | $42.30 | 93.74K |
| 2026-01-31 | Beckett Thomas | Sell | 3.23K | $42.30 | 136.50K |
| 2026-01-31 | Axenson Tanya Joy | Sell | 1.00K | $42.30 | 42.34K |
| 2026-01-31 | Axenson Tanya Joy | Sell | 1.46K | $42.30 | 61.76K |
| 2026-01-30 | Selden Angela K. | Sell | 6.05K | $41.78 | 252.69K |
| 2026-01-30 | Gaffney Karmela | Sell | 1.24K | $41.78 | 51.77K |
| 2026-01-30 | Fernandes Nuno S. | Sell | 1.47K | $41.78 | 61.54K |
| 2026-01-30 | Beckett Thomas | Sell | 1.74K | $41.78 | 72.78K |
| 2026-01-30 | Axenson Tanya Joy | Sell | 1.22K | $41.78 | 51.14K |
| 2026-01-30 | Arnold Mark L. | Sell | 903 | $41.78 | 37.73K |
| 2026-01-02 | Pianko Daniel S. | Buy | 1.56K | $36.15 | 56.25K |
| 2025-11-12 | Fernandes Nuno S. | Buy | 5.50K | $10.66 | 58.63K |
| 2025-11-12 | Fernandes Nuno S. | Sell | 5.50K | $34.68 | 190.74K |
| 2025-11-12 | Fernandes Nuno S. | Sell | 5.50K | $10.66 | 58.63K |
| 2025-11-12 | Axenson Tanya Joy | Buy | 10.36K | $15.74 | 163.11K |
| 2025-11-12 | Axenson Tanya Joy | Sell | 10.36K | $34.77 | 360.30K |
| 2025-11-12 | Axenson Tanya Joy | Sell | 10.36K | $15.74 | 163.11K |
| 2025-10-20 | Codispoti Edward H | Buy | 8.48K | — | — |
| 2025-10-20 | Codispoti Edward H | Other | 0 | — | — |
| 2025-08-29 | Fernandes Nuno S. | Sell | 3.21K | $30.18 | 96.88K |
| 2025-08-04 | Kenigsberg James | Buy | 18.67K | — | — |
| 2025-07-05 | Axenson Tanya Joy | Sell | 1.38K | $29.96 | 41.40K |
| 2025-06-06 | 325 CAPITAL LLC | Sell | 214.40K | $28.04 | 6.01M |
| 2025-06-05 | 325 CAPITAL LLC | Sell | 103.52K | $28.21 | 2.92M |
| 2025-06-04 | 325 CAPITAL LLC | Sell | 27.52K | $27.96 | 769.65K |
| 2025-06-04 | Kenigsberg James | Sell | 5.14K | $28.03 | 143.98K |
| 2025-06-04 | Kenigsberg James | Sell | 1.23K | $28.69 | 35.37K |
| 2025-06-03 | 325 CAPITAL LLC | Sell | 54.91K | $29.32 | 1.61M |
| 2025-06-02 | 325 CAPITAL LLC | Sell | 79.79K | $29.33 | 2.34M |
| 2025-06-02 | SUNDERLAND RICHARD W JR | Sell | 11.90K | $29.16 | 347.01K |
| 2025-05-30 | 325 CAPITAL LLC | Sell | 127.41K | $29.45 | 3.75M |
Latest filed quarter: Q2 2026.
Institutions holding: 216, holders +3 vs prior quarter. Ownership 106.37%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| BLACKROCK, INC. | 1.77M | 321.87K | +22.19% | 95.17M |
| 325 CAPITAL LLC | 1.18M | 0 | 0.00% | 63.57M |
| FMR LLC | 1.18M | 395.25K | +50.14% | 63.56M |
| DIVISADERO STREET CAPITAL MANAGEMENT, LP | 1.17M | 117.29K | +11.15% | 62.79M |
| RENAISSANCE TECHNOLOGIES LLC | 910.62K | -9.60K | -1.04% | 48.90M |
| VANGUARD CAPITAL MANAGEMENT LLC | 718.50K | 17.48K | +2.49% | 38.58M |
| DIMENSIONAL FUND ADVISORS LP | 702.13K | -97.05K | -12.14% | 37.70M |
| AMERICAN CENTURY COMPANIES INC | 694.51K | 35.67K | +5.41% | 37.29M |
| PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | 679.75K | 0 | 0.00% | 36.50M |
| ACADIAN ASSET MANAGEMENT LLC | 542.41K | -15.67K | -2.81% | 29.11M |
| DRIEHAUS CAPITAL MANAGEMENT LLC | 534.66K | 2.37K | +0.45% | 28.71M |
| GEODE CAPITAL MANAGEMENT, LLC | 522.39K | 39.26K | +8.13% | 28.06M |
| NO STREET GP LP | 507.28K | -140.31K | -21.67% | 27.24M |
| BANK OF AMERICA CORP /DE/ | 455.17K | -306.44K | -40.24% | 24.44M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 412.76K | 74.94K | +22.18% | 22.17M |
| QUBE RESEARCH & TECHNOLOGIES LTD | 400.98K | 197.63K | +97.19% | 21.53M |
| STATE STREET CORP | 395.43K | 37.48K | +10.47% | 21.23M |
| ROYCE & ASSOCIATES LP | 378.13K | 51.69K | +15.83% | 20.31M |
| GOLDMAN SACHS GROUP INC | 369.27K | -251.21K | -40.49% | 19.83M |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | 225.44K | -19.20K | -7.85% | 12.11M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 224.10K | -160.84K | -41.78% | 12.03M |
| PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. | 195.00K | 0 | 0.00% | 10.47M |
| OSSIAM | 193.45K | 0 | 0.00% | 10.39M |
| MACKENZIE FINANCIAL CORP | 187.50K | 115.74K | +161.29% | 10.07M |
| NUVEEN, LLC | 181.88K | -37.70K | -17.17% | 9.77M |
Insights · Dividends · Forecast · Financials · Learn
$805.63M
Market Cap
18.99
P/E
16.78
Forward P/E
61
Score