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Adtalem Global Education Inc. Common Shares - ATGE STOCK NEWS

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Adtalem Global Education Inc. (symbol: ATGE) is a prominent American for-profit educational company that empowers students to achieve their educational and career goals. The company operates through a series of educational institutions that provide a broad range of degree programs in fields such as healthcare, business, technology, accounting, finance, and law.

Founded with the mission to offer quality education, Adtalem is the parent organization of several well-known institutions, including the American University of the Caribbean School of Medicine, Chamberlain College of Nursing, Ross University School of Medicine, and Ross University School of Veterinary Medicine. It also oversees institutions like DeVry University and its Keller Graduate School of Management, DeVry Brasil, Carrington College, and Becker Professional Education.

Adtalem boasts over 90 campuses and a robust online learning offering. This flexibility allows them to cater to a diverse student body, offering associate, bachelor's, and postgraduate degrees. Enrollment in business-related programs represents nearly half of the total student body, with technology and healthcare programs also attracting significant numbers.

Financially, Adtalem derives the bulk of its revenue from student enrollment fees, primarily funded through federal financial aid programs such as Pell Grants. The company continually strives for excellence by keeping up with the latest educational trends and ensuring high standards across all its programs.

Recent achievements of Adtalem include partnerships with various healthcare organizations to enhance clinical training for nursing students and collaborations with businesses to provide real-world experience for technology and business students. The company's commitment to innovation and student success has made it a respected leader in the education sector.

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Adtalem Global Education (NYSE: ATGE) has appointed Blake Simpson as senior vice president, sustainability and chief communications officer, effective December 5. In this new role, Simpson will oversee global corporate communications and sustainability initiatives, shaping Adtalem's brand narrative to enhance stakeholder engagement. Simpson has over 20 years of experience, previously serving in senior roles at Under Armour and CKE Restaurants. CEO Steve Beard highlighted Simpson's expertise as pivotal for the company's growth and transformation.

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Chamberlain University, the largest nursing school in the U.S., announces a partnership with BrightStar Care as part of a new home health specialty initiative. Funded by a $1.2 million grant from the American Nurses Foundation, the initiative aims to address the nursing shortage by providing free online courses to nursing students. The program includes 96 hours of clinical training and is designed to enhance the preparation of nursing graduates in home health care, a growing sector.

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Adtalem Global Education (NYSE: ATGE) has elected Michael W. Malafronte as the new chairman of its board, effective November 9, 2022. Malafronte, an independent director since 2016, succeeds Lisa Wardell. His extensive experience in equity markets and leadership roles positions him to enhance Adtalem's strategy and oversight. The board consists of 11 directors, with a focus on diversity and skill optimization to drive long-term shareholder value. The change also indicates a shift away from having a lead independent director.

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Adtalem Global Education (NYSE: ATGE) will present at BMO's 2022 Future of Work and Education Conference on November 10, 2022. CEO Steve Beard will participate in a fireside chat at 1:30 PM ET, which will be live-streamed for registered participants. A replay will be available on Adtalem's Investor Relations website at 4:00 PM ET for 30 days. Adtalem is a prominent healthcare educator with over 275,000 alumni and 10,000 employees, recognized for its commitment to diversity and workforce preparedness.

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Adtalem Global Education (NYSE: ATGE) reported its first-quarter fiscal 2023 results for the period ending September 30, 2022. The company continues to focus on enhancing workforce preparedness in the healthcare sector, driven by a diverse learner population. Investors can access the detailed earnings report and accompanying presentation on Adtalem's Investor Relations website. A conference call led by CEO Steve Beard and CFO Bob Phelan will discuss financial highlights at 4 p.m. CDT today. The call will be available for replay until December 3, 2022.

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Adtalem Global Education (NYSE: ATGE) announced a conference call to discuss its fiscal 2023 first quarter results on November 3, 2022, at 4 p.m. CDT. The call will feature CEO Steve Beard and CFO Bob Phelan. Investors can join by phone or via a live web broadcast. A replay will be available until December 3, 2022. Adtalem is recognized as a leading healthcare educator, with over 10,000 employees and more than 275,000 alumni across its institutions. It also received accolades for being one of America's Most Responsible Companies and Best Employers for Diversity.

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Chamberlain University has partnered with Stratford University to assist nursing students affected by recent displacements. The new agreement allows impacted students to transfer to Chamberlain's programs, benefiting from an evaluation of Stratford's BSN credits for transfer. Students can apply and enroll as soon as November 2022, with application fees waived. Chamberlain University aims to address the ongoing nursing shortage in the U.S. by providing accessible education and support, highlighting its accreditation and commitment to nurturing future healthcare professionals.

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Soul Machines has partnered with Adtalem Global Education to launch Linda, an innovative Digital Person designed for health care education. Linda simulates domestic abuse therapy patient scenarios, allowing students at Walden University to practice counseling skills in a risk-free environment. This enhanced interactivity features emotional intelligence and 24/7 support, addressing the evolving needs of modern education. With 140,000 enrollments, Adtalem aims to improve workforce preparedness and democratize health care education through technology.

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Adtalem Global Education (NYSE: ATGE) announced that CEO Steve Beard and CFO Bob Phelan will participate in Barrington's 2022 Virtual Fall Investment Conference on September 8, 2022, followed by a virtual non-deal roadshow hosted by BMO Capital Markets on September 14, 2022. Adtalem is focused on enhancing workforce preparedness in the healthcare sector, supporting a diverse learner population through its institutions, which include the American University of the Caribbean School of Medicine and Chamberlain University.

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FAQ

What is the current stock price of Adtalem Global Education Common Shares (ATGE)?

The current stock price of Adtalem Global Education Common Shares (ATGE) is $107.6 as of February 4, 2025.

What is the market cap of Adtalem Global Education Common Shares (ATGE)?

The market cap of Adtalem Global Education Common Shares (ATGE) is approximately 3.9B.

What does Adtalem Global Education Inc. do?

Adtalem Global Education Inc. operates various universities and educational programs, offering degrees in healthcare, business, technology, accounting, finance, and law.

Which institutions are part of Adtalem Global Education Inc.?

Adtalem includes American University of the Caribbean School of Medicine, Chamberlain College of Nursing, Ross University School of Medicine, DeVry University, and others.

How does Adtalem Global Education Inc. generate revenue?

The company generates revenue primarily from student enrollment fees, often funded through federal financial aid programs like Pell Grants.

What types of programs does Adtalem offer?

Adtalem offers a wide array of programs including associate, bachelor's, and postgraduate degrees in fields like healthcare, business, technology, accounting, finance, and law.

How many campuses does Adtalem operate?

Adtalem operates over 90 campuses worldwide, along with a strong online education program.

What are some recent achievements of Adtalem Global Education Inc.?

Recent achievements include partnerships with healthcare organizations for clinical training and collaborations with businesses for real-world experience for students.

What is the mission of Adtalem Global Education Inc.?

Adtalem's mission is to empower students to achieve their educational and career goals through high-quality educational programs.

Is Adtalem a for-profit or non-profit organization?

Adtalem Global Education Inc. is a for-profit educational company.

In which sectors do Adtalem's business programs focus?

Adtalem's business programs focus on areas like accounting, finance, and general business management.

What kind of degrees can students pursue at Adtalem institutions?

Students can pursue associate, bachelor’s, and postgraduate degrees at Adtalem institutions.
Adtalem Global Education Inc. Common Shares

NYSE:ATGE

ATGE Rankings

ATGE Stock Data

3.89B
36.36M
2.31%
98.36%
2.3%
Education & Training Services
Services-educational Services
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United States of America
CHICAGO