SLM Corporation Company Profile (NASDAQ:SLM)

About SLM Corporation (NASDAQ:SLM)

SLM Corporation logoSLM Corporation (Sallie Mae) is the nation's saving, planning, and paying for college company. Sallie Mae offers products, which promote personal finance including private education loans, Upromise rewards, scholarship search, college financial planning tools, insurance, and online retail banking.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Consumer Finance
  • Symbol: NASDAQ:SLM
  • CUSIP: 78442P10
  • Web:
  • Market Cap: $4.73 billion
  • Outstanding Shares: 431,548,000
Average Prices:
  • 50 Day Moving Avg: $10.95
  • 200 Day Moving Avg: $11.11
  • 52 Week Range: $6.93 - $13.20
  • Trailing P/E Ratio: 17.66
  • Foreward P/E Ratio: 12.44
  • P/E Growth: 0.58
Sales & Book Value:
  • Annual Revenue: $891.46 million
  • Price / Sales: 5.30
  • Book Value: $4.49 per share
  • Price / Book: 2.44
  • Net Margins: 22.95%
  • Return on Equity: 16.98%
  • Return on Assets: 1.66%
  • Debt-to-Equity Ratio: 1.48%
  • Current Ratio: 1.37%
  • Quick Ratio: 1.37%
  • Average Volume: 2.44 million shs.
  • Beta: 1.25
  • Short Ratio: 6.21

Frequently Asked Questions for SLM Corporation (NASDAQ:SLM)

What is SLM Corporation's stock symbol?

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

How were SLM Corporation's earnings last quarter?

SLM Corporation (NASDAQ:SLM) announced its quarterly earnings data on Wednesday, October, 18th. The company reported $0.17 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.17. The firm had revenue of $282.06 million for the quarter, compared to analysts' expectations of $282.02 million. SLM Corporation had a return on equity of 16.98% and a net margin of 22.95%. The firm's revenue for the quarter was up 26.3% on a year-over-year basis. During the same period last year, the business posted $0.12 earnings per share. View SLM Corporation's Earnings History.

When will SLM Corporation make its next earnings announcement?

SLM Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, January, 17th 2018. View Earnings Estimates for SLM Corporation.

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

SLM Corporation updated its FY17 earnings guidance on Wednesday, October, 18th. The company provided earnings per share (EPS) guidance of approx $0.72 for the period, compared to the Thomson Reuters consensus estimate of $0.72.

Where is SLM Corporation's stock going? Where will SLM Corporation's stock price be in 2017?

8 brokers have issued 1 year price targets for SLM Corporation's shares. Their predictions range from $8.50 to $16.00. On average, they anticipate SLM Corporation's share price to reach $13.50 in the next year. View Analyst Ratings for SLM Corporation.

What are analysts saying about SLM Corporation stock?

Here are some recent quotes from research analysts about SLM Corporation stock:

  • 1. According to Zacks Investment Research, "Shares of Sallie Mae have underperformed the industry over the past six months. Yet, the company has a decent earnings surprise history. It has surpassed the Zacks Consensus Estimate for earnings in two of the trailing four quarters. The company’s focus on strengthening its Private Education Loan assets and revenues along with maintaining a strong capital position bode well for the long term. Also, the economic recovery and declining unemployment rate should help it maintain its leading position in the student lending market. However, a competitive business environment and consistently increasing expenses remain near-term concerns. Further, Sallie Mae faces concentration risk due to over dependence on brokered deposits. Also, stretched valuation indicates limited upside potential in the stock." (10/12/2017)
  • 2. Wedbush analysts commented, "We are initiating coverage on SLM Corp. (SLM) with an OUTPERFORM rating and a $13 price target. SLM is the largest private student loan originator in the country, accounting for over 50% of private originations. Over the last three years, growth in private student loan balances has been significant, loan quality stable, and adjusted EPS increased at an annualized rate of 20%. We think these trends will continue over the next three to five years." (1/30/2017)
  • 3. Jefferies Group LLC analysts commented, "SLM reported 4Q16 EPS of $0.15, beating both our estimate and consensus of $0.14. We classify 4Q16 as another solid quarter with strong fundamentals including continued strong top-line growth, consistent credit and strong expense controls. Preliminary 2017 guidance implies 28% growth at the midpoint which is in-line consensus and reflects strong secular growth. We consider the growth factors very appealing and continue to favor SLM. Results versus our model. Net interest income of $245M beat our forecast of $237M while non-interest income of $9M was slightly lower than our $12M forecast. The provision for loan losses of $43M exceeded our $40M estimate somewhat offsetting the top-line beat although we note that credit remains very stable (i.e. NCOs were down meaningfully from year ago results). In addition, non-interest expense of $98M was slightly better than our estimate of $99M and produced an efficiency ratio of 38.5% versus our 40% forecast." (1/19/2017)
  • 4. Barclays PLC analysts commented, "We hosted two days of investor meetings with SLM. Overall, we came away with a reinforced view on the long-term growth prospects of the stock. If anything, we are probably more bullish now. Prior to the election, SLM was already a robust growth story, but had some warranted legislative risks. Now those risks, at a minimum, are off the table in our view. And instead, we think the legislative/regulatory landscape has become more supportive to private student lending and could actually create catalysts. SLM could benefit from any one or a combination of potential catalysts that include, lower corporate taxes, reduction in Federal student lending, and a much less likely revival of the FFELP program in some form. While the stock has rallied +34% (vs. +2% SPX) since 11/9, SLM trades at ~14x 2017 EPS, and still at a discount to the broader SMIDcap bank group (~17x) and also a discount to our DCF- driven PT of $12 (up from $11, reflecting a lower discount rate). Ultimately, we think that none of these catalysts are fully priced in, so owning SLM here provides a free call option on EPS upside from these potential catalysts, in our view." (11/21/2016)

Who are some of SLM Corporation's key competitors?

Who owns SLM Corporation stock?

SLM Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.08%). Company insiders that own SLM Corporation stock include Earl A Goode, Jeffrey Dale, Laurent Charles Lutz, Marianne M Keler, Paul F Thome, Raymond J Quinlan, Robert S Strong and Steven Mcgarry. View Institutional Ownership Trends for SLM Corporation.

Who sold SLM Corporation stock? Who is selling SLM Corporation stock?

SLM Corporation's stock was sold by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC. Company insiders that have sold SLM Corporation stock in the last year include Laurent Charles Lutz and Paul F Thome. View Insider Buying and Selling for SLM Corporation.

How do I buy SLM Corporation stock?

Shares of SLM Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SLM Corporation's stock price today?

One share of SLM Corporation stock can currently be purchased for approximately $10.95.

MarketBeat Community Rating for SLM Corporation (NASDAQ SLM)
Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  132 (Vote Underperform)
Total Votes:  391
MarketBeat's community ratings are surveys of what our community members think about SLM Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for SLM Corporation (NASDAQ:SLM) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.63)
Consensus Price Target: $13.50 (23.29% upside)
Consensus Price Target History for SLM Corporation (NASDAQ:SLM)
Price Target History for SLM Corporation (NASDAQ:SLM)
Analysts' Ratings History for SLM Corporation (NASDAQ:SLM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017FBR & CoSet Price TargetBuy$13.00N/AView Rating Details
10/16/2017Citigroup Inc.Initiated CoverageBuy$16.00N/AView Rating Details
10/6/2017BMO Capital MarketsReiterated RatingHold$12.00N/AView Rating Details
9/14/2017WedbushReiterated RatingOutperform$14.50LowView Rating Details
7/22/2017Jefferies Group LLCReiterated RatingBuy$15.00MediumView Rating Details
7/14/2017Keefe, Bruyette & WoodsReiterated RatingBuy$15.00LowView Rating Details
5/15/2017Off Wall StreetReiterated RatingSell$8.50LowView Rating Details
1/8/2017Barclays PLCSet Price TargetBuy$14.00N/AView Rating Details
8/11/2016Goldman Sachs Group, Inc. (The)UpgradeBuy -> Conviction-BuyN/AView Rating Details
7/21/2016Compass PointBoost Price TargetBuy$8.50 -> $9.00N/AView Rating Details
5/14/2016Credit Suisse GroupReiterated RatingBuyN/AView Rating Details
3/21/2016DA DavidsonInitiated CoverageBuy$9.00N/AView Rating Details
11/30/2015J P Morgan Chase & CoInitiated CoverageOverweight$10.00N/AView Rating Details
(Data available from 10/20/2015 forward)


Earnings History for SLM Corporation (NASDAQ:SLM)
Earnings by Quarter for SLM Corporation (NASDAQ:SLM)
Earnings History by Quarter for SLM Corporation (NASDAQ SLM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/16/2018$0.19N/AView Earnings Details
10/18/2017Q3 2017$0.17$0.17$282.02 million$282.06 millionViewN/AView Earnings Details
7/19/2017Q2 2017$0.16$0.16$268.69 million$269.89 millionViewN/AView Earnings Details
4/19/2017Q1 2017$0.15$0.21$260.24 million$268.08 millionViewN/AView Earnings Details
1/18/2017Q416$0.14$0.15$239.70 million$245.40 millionViewN/AView Earnings Details
10/19/2016Q316$0.12$0.12$931.19 million$223.00 millionViewN/AView Earnings Details
7/20/2016Q216$0.11$0.12$216.48 million$212.76 millionViewListenView Earnings Details
4/20/2016Q116$0.11$0.14$194.00 million$209.86 millionViewListenView Earnings Details
1/20/2016Q415$0.18$0.20$194.70 million$187.85 millionViewListenView Earnings Details
10/21/2015Q315$0.08$0.10$177.30 million$175.44 millionViewListenView Earnings Details
7/22/2015Q215$0.20$0.20$169.00 million$168.26 millionViewListenView Earnings Details
4/22/2015Q115$0.07$0.10$161.23 million$165.64 millionViewN/AView Earnings Details
1/21/2015Q414$0.05$0.03$154.00 million$150.68 millionViewN/AView Earnings Details
10/22/2014Q314($0.28)$0.17$146.50 million$144.03 millionViewN/AView Earnings Details
7/23/2014Q214$0.10$0.10$138.83 millionViewN/AView Earnings Details
4/16/2014Q114$0.55$0.51$852.50 million$936.00 millionViewN/AView Earnings Details
1/16/2014Q413$0.70$0.61$931.50 million$864.00 millionViewN/AView Earnings Details
10/16/2013Q313$0.59$0.60$673.80 millionViewN/AView Earnings Details
7/17/2013Q2 2013$0.88$1.02$724.50 millionViewN/AView Earnings Details
4/17/2013Q1 2013$0.60$0.61ViewN/AView Earnings Details
1/16/2013Q4 2012$0.53$0.55$711.00 million$792.00 millionViewN/AView Earnings Details
10/17/2012$0.54$0.58ViewN/AView Earnings Details
7/18/2012$0.54$0.59ViewN/AView Earnings Details
4/18/2012$0.51$0.55ViewN/AView Earnings Details
10/19/2011$0.36$0.36ViewN/AView Earnings Details
7/20/2011$0.43$0.48ViewN/AView Earnings Details
4/20/2011$0.40$0.48ViewN/AView Earnings Details
1/19/2011$0.71$0.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for SLM Corporation (NASDAQ:SLM)
Current Year EPS Consensus Estimate: $0.72 EPS
Next Year EPS Consensus Estimate: $0.88 EPS


Dividend History by Quarter for SLM Corporation (NASDAQ SLM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for SLM Corporation (NASDAQ:SLM)
Insider Ownership Percentage: 0.59%
Institutional Ownership Percentage: 98.40%
Insider Trades by Quarter for SLM Corporation (NASDAQ:SLM)
Institutional Ownership by Quarter for SLM Corporation (NASDAQ:SLM)
Insider Trades by Quarter for SLM Corporation (NASDAQ:SLM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/24/2017Laurent Charles LutzEVPSell170,000$13.08$2,223,600.00View SEC Filing  
3/7/2017Paul F ThomeEVPSell19,193$11.77$225,901.61View SEC Filing  
3/1/2017Paul F ThomeEVPSell9,100$12.37$112,567.00View SEC Filing  
11/3/2016Earl A GoodeDirectorBuy10,000$7.03$70,300.00View SEC Filing  
10/28/2016Marianne M KelerDirectorBuy10,000$7.12$71,200.00View SEC Filing  
4/25/2016Robert S StrongDirectorBuy5,000$6.50$32,500.00View SEC Filing  
2/1/2016Jeffrey DaleSVPBuy7,800$6.35$49,530.00View SEC Filing  
11/18/2015Raymond J QuinlanCEOBuy15,500$6.61$102,455.00View SEC Filing  
10/29/2015Robert S. StrongDirectorBuy7,000$6.98$48,860.00View SEC Filing  
10/27/2015Laurent Charles LutzEVPBuy7,000$7.00$49,000.00View SEC Filing  
10/26/2015Steven McgarryCFOBuy7,500$7.05$52,875.00View SEC Filing  
2/17/2015Marianne M KelerDirectorBuy10,000$9.21$92,100.00View SEC Filing  
5/29/2014Steven McgarryCFOBuy11,685$8.57$100,140.45View SEC Filing  
2/18/2014Bates Ann TorreDirectorBuy3,395$23.47$79,680.65View SEC Filing  
6/10/2013Bates Ann TorreDirectorSell18,863$23.51$443,469.13View SEC Filing  
6/6/2013Barry A MunitzDirectorSell50,000$23.60$1,180,000.00View SEC Filing  
6/4/2013Barry Lawson WilliamsDirectorSell1,000$24.03$24,030.00View SEC Filing  
2/1/2013Barry A MunitzDirectorSell17,175$17.00$291,975.00View SEC Filing  
11/9/2012William M Diefenderfer IIIDirectorSell17,170$16.99$291,718.30View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for SLM Corporation (NASDAQ:SLM)
Latest Headlines for SLM Corporation (NASDAQ:SLM)
DateHeadline logo Analysts Expect SLM Corporation (SLM) Will Post Earnings of $0.19 Per Share - October 20 at 8:30 PM logoSLM Corp. breached its 50 day moving average in a Bearish Manner : SLM-US : October 20, 2017 - October 20 at 5:23 PM logoSLM Corp. :SLM-US: Earnings Analysis: Q3, 2017 By the Numbers : October 20, 2017 - October 20 at 5:23 PM logoTaylorsville High School Senior Jobany Quiterio Is A Sallie Mae Scholarship Finalist. (Photo: Business Wire) - October 20 at 8:15 AM logoSLM Corporation 2017 Q3 - Results - Earnings Call Slides - October 20 at 8:15 AM logoUtah High School Student a Finalist for $25,000 Scholarship from Sallie Mae - October 20 at 8:15 AM logoEdited Transcript of SLM earnings conference call or presentation 19-Oct-17 12:00pm GMT - October 20 at 8:15 AM logoBRIEF-Sallie Mae reports Q3 core earnings per share $0.17 - October 19 at 9:00 AM logoSallie Mae Reports Third-Quarter 2017 Financial Results - October 19 at 9:00 AM logoSallie Mae meets 3Q profit forecasts - October 19 at 9:00 AM logoSallie Mae (SLM) Q3 Earnings In Line, Cost & Provisions Rise - October 19 at 9:00 AM logoSLM Corporation (SLM) Receives Consensus Recommendation of "Hold" from Brokerages - October 18 at 7:00 PM logoSLM Corporation (SLM) Releases Quarterly Earnings Results, Meets Estimates - October 18 at 5:32 PM logoSLM Corporation (SLM) Releases FY17 Earnings Guidance - October 18 at 5:16 PM logoMOVES-Sanlam UK names Charlie Parker portfolio management head - October 17 at 7:20 AM logoSLM Corporation (SLM) Earns Buy Rating from Analysts at Citigroup Inc. - October 16 at 7:28 PM logoSLM Corporation (SLM) Stock Rating Upgraded by Zacks Investment Research - October 14 at 5:52 PM logoSallie Mae Donates $80,000 to Support Hurricane and Disaster Relief Efforts - October 14 at 7:58 AM logoSallie Mae Donates $80,000 to Support Hurricane and Disaster Relief Efforts - October 14 at 7:58 AM logoBidaskClub Downgrades SLM Corp (SLM) to Strong Sell - October 14 at 12:36 AM logoSallie Mae Ranked Among Fastest Growing Companies in Greater Philadelphia - October 12 at 4:15 PM logoThe 2 Best Approaches To Refinance Parent PLUS Student Loans - October 12 at 9:36 AM logoSLM Corporation (SLM) to Release Earnings on Wednesday - October 11 at 1:16 AM logoSLM Corporation (SLM) Given Hold Rating at BMO Capital Markets - October 7 at 4:20 PM logoFormer Educator Turned Hip-Hop Artist Dee-1 and Sallie Mae Visit Houston for College Planning Event - October 7 at 8:37 AM logoSallie Mae Receives Financial Marketing Award for College Scholarship Contest - October 6 at 10:50 AM logoSallie Mae to Release 2017 Third-Quarter Financial Results on Oct. 18 - October 6 at 10:50 AM logo$280.36 Million in Sales Expected for SLM Corporation (SLM) This Quarter - October 5 at 12:56 AM logoFormer Educator Turned Hip-Hop Artist Dee-1 and Sallie Mae Bring ‘Dee-1's Knowledge for College Tour’ to Houston - October 3 at 12:33 PM logoFormer Educator Turned Hip-Hop Artist Dee-1 and Sallie Mae Bring 'Dee-1's Knowledge for College Tour' to Milwaukee - September 26 at 5:56 PM logoFormer Educator Turned Hip-Hop Artist Dee-1 and Sallie Mae Bring ‘Dee-1’s Knowledge for College Tour’ to Atlanta - September 26 at 5:56 PM logoSLM Corporation (SLM) Given Consensus Rating of "Hold" by Analysts - September 23 at 4:38 PM logoSLM Stock Rises 1% Monday, Up 7% in Last 30 Days - September 23 at 7:00 AM logoFormer Educator Turned Hip-Hop Artist Dee-1 and Sallie Mae Bring ‘Dee-1's Knowledge for College Tour’ to Indianapolis - September 23 at 7:00 AM logoSallie Mae’s College Cost Calculator Named One of Nation’s Best - September 23 at 7:00 AM logoSLM Corporation's (SLM) Buy Rating Reiterated at FBR & Co - September 19 at 3:16 PM logoFormer Educator Turned Hip-Hop Artist Dee-1 and Sallie Mae Bring ‘Dee-1’s Knowledge for College Tour’ to Cleveland - September 16 at 8:47 AM logoSallie Mae and Hip-Hop Artist Dee-1 Announce “Dee-1’s Knowledge for College Tour” - September 15 at 8:56 AM logoSLM Corporation (SLM) Given Outperform Rating at Wedbush - September 14 at 11:07 AM logoSLM Corp. breached its 50 day moving average in a Bullish Manner : SLM-US : September 13, 2017 - September 14 at 10:12 AM logoAre You Ready for Some FAFSA? The Free Application for Federal Student Aid Available Oct. 1 Determines Financial Aid Eligibility - September 13 at 9:13 AM logoSee what the IHS Markit Score report has to say about SLM Corp. - September 8 at 8:24 AM logoSallie Mae and National Association of Insurance and Financial Advisors Partner to Offer Free College Planning Tools - September 6 at 8:23 AM logoOne Week Left to Nominate Deserving High School Students for Sallie Mae’s $25,000 College Scholarship Program - September 1 at 8:49 AM logoOne Week Left to Nominate Deserving Utah High School Students for Sallie Mae’s $25,000 College Scholarship Program - September 1 at 8:49 AM logoSallie Mae Chief Financial Officer to Present at Barclays Global Financial Services Conference on Sept. 12 - August 31 at 10:06 AM logoComparing JG Wentworth (JGW) & SLM Corporation (SLM) - August 31 at 4:26 AM logoSLM Corporation (SLM) Given Average Recommendation of "Hold" by Brokerages - August 29 at 4:44 PM logoFinancial Review: JG Wentworth (JGW) versus SLM Corporation (SLM) - August 29 at 4:22 PM logoContrasting JetPay Corporation (JTPY) and SLM Corporation (SLM) - August 26 at 2:16 AM



SLM Corporation (SLM) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by Staff

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