SLM (SLM) Set to Announce Earnings on Thursday

Key Points

• SLM is expected to report Q3 2026 earnings on October 22 after the market close, with analysts forecasting $0.17 in EPS and $457.31 million in revenue. The company’s FY 2026 EPS guidance is $3.10–$3.20.
• In its prior quarter, SLM reported $0.29 EPS and $401.11 million in revenue, missing analyst estimates for both, while revenue declined 0.7% year over year.
• Analysts maintain a consensus “Hold” rating with a $29.40 target price, compared with the stock’s opening price of $22.17. SLM also pays a $0.13 quarterly dividend, yielding approximately 2.3%.

SLM (NASDAQ:SLM - Get Free Report) is expected to post its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect SLM to post earnings of $0.1707 per share and revenue of $457.31 million for the quarter. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. Investors can find conference call details on the company's upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:30 PM ET.

SLM (NASDAQ:SLM - Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.17). SLM had a net margin of 26.09% and a return on equity of 33.81%. The firm had revenue of $401.11 million for the quarter, compared to the consensus estimate of $409.22 million. During the same period last year, the business earned $0.32 EPS. SLM's revenue was down .7% on a year-over-year basis. On average, analysts expect SLM to post $3.12 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

SLM Price Performance

Shares of NASDAQ SLM opened at $22.17 on Thursday. SLM has a twelve month low of $17.77 and a twelve month high of $31.06. The firm has a market cap of $4.17 billion, a P/E ratio of 6.19, a PEG ratio of 1.55 and a beta of 0.96. The company has a 50 day moving average of $25.28 and a 200 day moving average of $23.99. The company has a quick ratio of 1.32, a current ratio of 1.33 and a debt-to-equity ratio of 2.63.

SLM Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 2.3%. The ex-dividend date was Friday, September 4th. SLM's dividend payout ratio (DPR) is currently 14.53%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Morgan Stanley lifted their target price on SLM from $27.00 to $28.00 and gave the stock an "equal weight" rating in a report on Monday, July 20th. Wells Fargo & Company set a $28.00 price target on SLM in a report on Friday, July 24th. Barclays reaffirmed an "equal weight" rating and set a $26.00 price target (down from $30.00) on shares of SLM in a report on Tuesday, July 7th. Royal Bank Of Canada dropped their price objective on SLM from $29.00 to $28.00 and set an "outperform" rating on the stock in a research report on Friday, October 9th. Finally, JPMorgan Chase & Co. dropped their price objective on SLM from $25.00 to $22.00 and set an "underweight" rating on the stock in a research report on Monday. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $29.40.

SLM Company Profile

SLM Corp., operating under the Sallie Mae brand, is a financial services company focused on education financing. It primarily provides private student loans to undergraduate and graduate students, as well as education loans for parents and other creditworthy borrowers. Sallie Mae also offers related products and resources designed to help families plan and pay for college.

The company's private education loans can be used for eligible expenses such as tuition, fees, books, supplies, and living costs.

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