SLM (SLM) Projected to Post Earnings on Thursday

Key Points

• SLM (NASDAQ:SLM) will report Q1 2026 results after the close on Thursday, April 23 at 5:30 PM ET, with analysts projecting $0.843 EPS and $486.05M in revenue and the company guiding FY2026 EPS of 2.70–2.80.
• The stock trades with a market cap of about $4.24B, a P/E of 6.17, a 52‑week range of $17.77–$34.97, and pays a $0.13 quarterly dividend (≈2.4% yield); analysts have a consensus rating of “Hold” with a $29.70 target.
• Institutional ownership is very high (~98.9%), and several funds have recently increased stakes—most notably Goldman Sachs, which boosted its position by 33.4% to 547,724 shares.

SLM (NASDAQ:SLM - Get Free Report) is expected to be releasing its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect SLM to post earnings of $0.8430 per share and revenue of $486.0480 million for the quarter. SLM has set its FY 2026 guidance at 2.700-2.800 EPS. Investors may review the information on the company's upcoming Q1 2026 earning report for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:30 PM ET.

SLM (NASDAQ:SLM - Get Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The credit services provider reported $1.12 earnings per share for the quarter, topping analysts' consensus estimates of $0.95 by $0.17. SLM had a net margin of 26.04% and a return on equity of 34.79%. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $383.43 million. During the same period in the previous year, the business posted $0.50 EPS. On average, analysts expect SLM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLM Price Performance

SLM stock opened at $21.41 on Thursday. The firm has a market cap of $4.24 billion, a P/E ratio of 6.17, a P/E/G ratio of 3.00 and a beta of 1.04. The firm's fifty day moving average is $21.60 and its 200 day moving average is $25.36. SLM has a 52 week low of $17.77 and a 52 week high of $34.97. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.24 and a current ratio of 1.28.

SLM Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 16th. Shareholders of record on Thursday, March 5th were given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.4%. The ex-dividend date was Thursday, March 5th. SLM's dividend payout ratio is presently 14.99%.

Institutional Investors Weigh In On SLM

Several institutional investors and hedge funds have recently modified their holdings of SLM. Goldman Sachs Group Inc. increased its position in shares of 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 buying an additional 137,285 shares during the period. Entropy Technologies LP raised its stake in SLM by 616.6% in the third quarter. Entropy Technologies LP now owns 109,485 shares of the credit services provider's stock worth $3,031,000 after buying an additional 94,207 shares in the last quarter. Captrust Financial Advisors lifted its holdings in SLM by 31.3% in the fourth quarter. Captrust Financial Advisors now owns 53,673 shares of the credit services provider's stock worth $1,452,000 after buying an additional 12,793 shares during the period. NewEdge Advisors LLC lifted its holdings in SLM by 6.6% in the first quarter. NewEdge Advisors LLC now owns 21,350 shares of the credit services provider's stock worth $627,000 after buying an additional 1,319 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new stake in SLM during the 1st quarter valued at approximately $263,000. 98.94% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on SLM shares. Royal Bank Of Canada set a $28.00 price objective on SLM in a research note on Friday, April 10th. Barclays dropped their target price on SLM from $35.00 to $27.00 and set an "overweight" rating for the company in a report on Monday, April 6th. Wells Fargo & Company reduced their price target on SLM from $32.00 to $29.00 and set an "overweight" rating on the stock in a research report on Thursday, April 9th. Morgan Stanley decreased their price target on SLM from $30.00 to $29.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 18th. Finally, Weiss Ratings downgraded SLM from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 20th. Six research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $29.70.

About SLM

SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.

Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.

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