NASDAQ:SLM - SLM Stock Price, News, & Analysis

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$11.35 +0.05 (+0.44 %)
(As of 02/18/2019 03:04 PM ET)
Previous Close$11.30
Today's Range$11.28 - $11.4650
52-Week Range$7.95 - $12.46
Volume3.20 million shs
Average Volume4.09 million shs
Market Capitalization$4.94 billion
P/E Ratio10.61
Dividend YieldN/A
Beta1.5
SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college company in the United States. The company originates and services private education loans to students and their families. Its loan portfolio also includes federal family education loan program, personal, and other loans. In addition, the company offers savings products, including certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that provides financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

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Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:SLM
CUSIP78442P10
Phone302-451-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.88 billion
Cash Flow$0.8389 per share
Book Value$5.91 per share

Profitability

Net Income$487.47 million

Miscellaneous

Employees1,500
Market Cap$4.94 billion
OptionableOptionable

SLM (NASDAQ:SLM) Frequently Asked Questions

What is SLM's stock symbol?

SLM trades on the NASDAQ under the ticker symbol "SLM."

How often does SLM pay dividends? What is the dividend yield for SLM?

SLM announced a quarterly dividend on Wednesday, January 23rd. Shareholders of record on Tuesday, March 5th will be paid a dividend of $0.03 per share on Friday, March 15th. This represents a $0.12 annualized dividend and a yield of 1.06%. The ex-dividend date is Monday, March 4th. View SLM's Dividend History.

How were SLM's earnings last quarter?

SLM Corp (NASDAQ:SLM) issued its quarterly earnings results on Wednesday, January, 23rd. The credit services provider reported $0.31 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.04. The credit services provider had revenue of $382.87 million for the quarter, compared to the consensus estimate of $367.40 million. SLM had a return on equity of 20.05% and a net margin of 26.07%. The firm's revenue for the quarter was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.19 EPS. View SLM's Earnings History.

When is SLM's next earnings date?

SLM is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for SLM.

What guidance has SLM issued on next quarter's earnings?

SLM updated its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share guidance of $1.22-1.26 for the period, compared to the Thomson Reuters consensus estimate of $1.21. SLM also updated its FY 2019 guidance to $1.22-1.26 EPS.

What price target have analysts set for SLM?

6 brokers have issued 12-month price targets for SLM's stock. Their forecasts range from $13.00 to $15.00. On average, they anticipate SLM's stock price to reach $13.7083 in the next year. This suggests a possible upside of 20.8% from the stock's current price. View Analyst Price Targets for SLM.

What is the consensus analysts' recommendation for SLM?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

Has SLM been receiving favorable news coverage?

News stories about SLM stock have trended positive on Monday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SLM earned a media sentiment score of 2.3 on InfoTrie's scale. They also gave media stories about the credit services provider a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days.

Are investors shorting SLM?

SLM saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 26,592,294 shares, a decrease of 9.3% from the January 15th total of 29,321,669 shares. Based on an average daily volume of 5,614,629 shares, the days-to-cover ratio is currently 4.7 days. Approximately 6.1% of the company's stock are short sold. View SLM's Current Options Chain.

Who are some of SLM's key competitors?

Who are SLM's key executives?

SLM's management team includes the folowing people:
  • Mr. Raymond J. Quinlan, Exec. Chairman & CEO (Age 67)
  • Mr. Steven J. McGarry, Exec. VP & CFO (Age 61)
  • Mr. Paul F. Thome, Exec. VP & Chief Admin. Officer (Age 68)
  • Mr. Brian Cronin, VP of Investor Relations
  • Mr. Jim Truitt, Chief Compliance Officer and Sr. VP

Who are SLM's major shareholders?

SLM's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.93%), Boston Partners (4.61%), Bank of New York Mellon Corp (3.72%), Jennison Associates LLC (3.56%), CI Investments Inc. (2.08%) and Brandywine Global Investment Management LLC (1.28%). Company insiders that own SLM stock include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, Laurent Charles Lutz, Nicolas Jafarieh, Paul F Thome, Raymond J Quinlan and Steven Mcgarry. View Institutional Ownership Trends for SLM.

Which institutional investors are selling SLM stock?

SLM stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Jennison Associates LLC, Selz Capital LLC, Victory Capital Management Inc., Channing Capital Management LLC, Robeco Institutional Asset Management B.V., Canada Pension Plan Investment Board and Bank of America Corp DE. Company insiders that have sold SLM company stock in the last year include Earl A Goode, Frank C Puleo, Jeffrey Dale, Jonathan Boyles, Nicolas Jafarieh, Paul F Thome and Steven Mcgarry. View Insider Buying and Selling for SLM.

Which institutional investors are buying SLM stock?

SLM stock was acquired by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, CI Investments Inc., BlackRock Inc., Portolan Capital Management LLC, Hsbc Holdings PLC, Oregon Public Employees Retirement Fund, Thrivent Financial for Lutherans and Bank of New York Mellon Corp. View Insider Buying and Selling for SLM.

How do I buy shares of SLM?

Shares of SLM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SLM's stock price today?

One share of SLM stock can currently be purchased for approximately $11.35.

How big of a company is SLM?

SLM has a market capitalization of $4.94 billion and generates $1.88 billion in revenue each year. The credit services provider earns $487.47 million in net income (profit) each year or $1.07 on an earnings per share basis. SLM employs 1,500 workers across the globe.

What is SLM's official website?

The official website for SLM is http://www.salliemae.com.

How can I contact SLM?

SLM's mailing address is 300 CONTINENTAL DRIVE, NEWARK DE, 19713. The credit services provider can be reached via phone at 302-451-0200 or via email at [email protected]


MarketBeat Community Rating for SLM (NASDAQ SLM)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  372 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  603
MarketBeat's community ratings are surveys of what our community members think about SLM and other stocks. Vote "Outperform" if you believe SLM will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SLM will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/18/2019 by MarketBeat.com Staff

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