SLM (SLM) to Release Quarterly Earnings on Wednesday

SLM (NASDAQ:SLM - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 23rd. Analysts expect SLM to post earnings of $0.54 per share and revenue of $370.26 million for the quarter. SLM has set its FY 2025 guidance at 3.000-3.100 EPS.

SLM (NASDAQ:SLM - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The credit services provider reported $1.40 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.21. The company had revenue of $374.97 million for the quarter, compared to the consensus estimate of $359.83 million. SLM had a return on equity of 31.25% and a net margin of 21.05%. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.27 EPS. On average, analysts expect SLM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLM Stock Down 1.3%

Shares of SLM stock traded down $0.44 during midday trading on Friday, hitting $32.71. The company had a trading volume of 149,002 shares, compared to its average volume of 2,297,765. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.34 and a current ratio of 1.34. The stock has a market capitalization of $6.86 billion, a P/E ratio of 11.77, a P/E/G ratio of 0.90 and a beta of 1.09. The company has a 50 day moving average of $32.83 and a 200 day moving average of $30.16. SLM has a 52-week low of $19.39 and a 52-week high of $34.97.

SLM Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Thursday, June 5th were paid a $0.13 dividend. The ex-dividend date was Thursday, June 5th. This represents a $0.52 annualized dividend and a dividend yield of 1.59%. SLM's payout ratio is currently 18.71%.

Wall Street Analysts Forecast Growth

Several analysts have commented on SLM shares. Wells Fargo & Company increased their target price on SLM from $34.00 to $38.00 and gave the company an "overweight" rating in a research note on Wednesday, May 14th. Morgan Stanley reiterated an "overweight" rating and set a $40.00 target price (up from $33.00) on shares of SLM in a research note on Wednesday, May 21st. Royal Bank Of Canada reiterated an "outperform" rating on shares of SLM in a research note on Monday. JPMorgan Chase & Co. upgraded SLM from a "neutral" rating to an "overweight" rating and increased their target price for the company from $29.00 to $38.00 in a research note on Friday, July 11th. Finally, Barclays increased their target price on SLM from $34.00 to $38.00 and gave the company an "overweight" rating in a research note on Friday, May 30th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, SLM presently has an average rating of "Moderate Buy" and a consensus target price of $33.40.

Insider Buying and Selling at SLM

In other news, Director Robert S. Strong sold 3,000 shares of the stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $31.15, for a total transaction of $93,450.00. Following the transaction, the director directly owned 35,195 shares of the company's stock, valued at $1,096,324.25. This represents a 7.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.30% of the stock is owned by insiders.

Hedge Funds Weigh In On SLM

Institutional investors have recently bought and sold shares of the stock. Dynamic Technology Lab Private Ltd bought a new position in SLM in the 1st quarter worth $263,000. NewEdge Advisors LLC raised its holdings in SLM by 6.6% during the first quarter. NewEdge Advisors LLC now owns 21,350 shares of the credit services provider's stock valued at $627,000 after acquiring an additional 1,319 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in SLM by 33.4% during the first quarter. Goldman Sachs Group Inc. now owns 547,724 shares of the credit services provider's stock valued at $16,087,000 after acquiring an additional 137,285 shares during the period. 98.94% of the stock is owned by institutional investors.

About SLM

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts.