NASDAQ:SLM

SLM Stock Forecast, Price & News

$19.24
-0.67 (-3.37 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$19.15
$19.79
50-Day Range
$18.68
$20.66
52-Week Range
$6.48
$20.82
Volume6.55 million shs
Average Volume5.35 million shs
Market Capitalization$6.21 billion
P/E Ratio6.21
Dividend Yield0.60%
Beta1.43
30 days | 90 days | 365 days | Advanced Chart
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SLM logo

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 also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

1.62 out of 5 stars

Finance Sector

582nd out of 1,971 stocks

Personal Credit Institutions Industry

8th out of 16 stocks

Analyst Opinion: 2.4Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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SLM (NASDAQ:SLM) Frequently Asked Questions

Is SLM a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" SLM stock.
View analyst ratings for SLM
or view top-rated stocks.

What stocks does MarketBeat like better than SLM?

Wall Street analysts have given SLM a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SLM wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting SLM?

SLM saw a decrease in short interest in May. As of May 28th, there was short interest totaling 6,090,000 shares, a decrease of 45.2% from the May 13th total of 11,120,000 shares. Based on an average trading volume of 4,770,000 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.9% of the company's shares are short sold.
View SLM's Short Interest
.

When is SLM's next earnings date?

SLM is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for SLM
.

How were SLM's earnings last quarter?

SLM Co. (NASDAQ:SLM) issued its quarterly earnings data on Tuesday, April, 20th. The credit services provider reported $1.77 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.70. The credit services provider earned $331.11 million during the quarter, compared to analyst estimates of $322.07 million. SLM had a trailing twelve-month return on equity of 58.89% and a net margin of 49.65%. During the same period in the previous year, the firm posted $0.79 EPS.
View SLM's earnings history
.

How has SLM's stock price been impacted by Coronavirus?

SLM's stock was trading at $8.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SLM shares have increased by 115.0% and is now trading at $19.24.
View which stocks have been most impacted by COVID-19
.

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

SLM announced a quarterly dividend on Thursday, April 29th. Shareholders of record on Friday, June 4th will be given a dividend of $0.03 per share on Tuesday, June 15th. This represents a $0.12 annualized dividend and a dividend yield of 0.62%. The ex-dividend date is Thursday, June 3rd.
View SLM's dividend history
.

Is SLM a good dividend stock?

SLM pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.60%. SLM does not yet have a strong track record of dividend growth. The dividend payout ratio of SLM is 5.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 4.53% next year. This indicates that SLM will be able to sustain or increase its dividend.
View SLM's dividend history.

How will SLM's stock buyback program work?

SLM announced that its board has initiated a stock repurchase plan on Wednesday, January 27th 2021, which allows the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase up to 23.9% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's leadership believes its shares are undervalued.

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

SLM updated its FY 2021 earnings guidance on Tuesday, May, 4th. The company provided earnings per share (EPS) guidance of 2.950-3.150 for the period, compared to the Thomson Reuters consensus estimate of $2.330. The company issued revenue guidance of -.

What price target have analysts set for SLM?

5 analysts have issued 12-month target prices for SLM's shares. Their forecasts range from $20.00 to $28.00. On average, they anticipate SLM's share price to reach $22.57 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price.
View analysts' price targets for SLM
or view top-rated stocks among Wall Street analysts.

Who are SLM's key executives?

SLM's management team includes the following people:
  • Mr. Jonathan W. Witter, CEO & Director (Age 51, Pay $2.57M)
  • Mr. Steven J. McGarry, Exec. VP & CFO (Age 63, Pay $1.37M)
  • Mr. Daniel P. Kennedy, Exec. VP & COO (Age 54, Pay $1.08M)
  • Mr. Paul F. Thome CPA, Consultant (Age 70, Pay $2.12M)
  • Ms. Donna F. Vieira, Exec. VP & Chief Commercial Officer (Age 56, Pay $1.13M)
  • Mr. Brian Cronin, VP & Head of Investor Relations
  • Mr. Nicolas Jafarieh, Sr. VP & Chief Legal, Gov. Affairs & Communications Officer (Age 46)
  • Ms. Kerrie A. Palmer, Exec. VP and Chief Risk & Compliance Office (Age 50)
  • Mr. Tim Morrison, Sr. VP of Gov. Relations
  • Ms. Joni J. Reich, Exec. VP of Admin.

What is Jonathan Witter's approval rating as SLM's CEO?

12 employees have rated SLM CEO Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among SLM's employees.

Who are some of SLM's key competitors?

What other stocks do shareholders of SLM own?

What is SLM's stock symbol?

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

Who are SLM's major shareholders?

SLM's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.40%), ValueAct Holdings L.P. (8.14%), Boston Partners (4.98%), Massachusetts Financial Services Co. MA (4.07%), UBS Asset Management Americas Inc. (3.18%) and Impactive Capital LP (2.24%). Company insiders that own SLM stock include Earl A Goode, Mary Carter Warren Franke and Paul F Thome.
View institutional ownership trends for SLM
.

Which major investors are selling SLM stock?

SLM stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Fir Tree Capital Management LP, ValueAct Holdings L.P., Credit Suisse AG, Ceredex Value Advisors LLC, AQR Capital Management LLC, BlackRock Inc., and Wedge Capital Management L L P NC.
View insider buying and selling activity for SLM
or view top insider-selling stocks.

Which major investors are buying SLM stock?

SLM stock was bought by a variety of institutional investors in the last quarter, including Laurion Capital Management LP, Assenagon Asset Management S.A., Great Lakes Advisors LLC, Caas Capital Management LP, Cibc World Markets Corp, Toronto Dominion Bank, Los Angeles Capital Management LLC, and Massachusetts Financial Services Co. MA.
View insider buying and selling activity for SLM
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SLM's stock price today?

One share of SLM stock can currently be purchased for approximately $19.24.

How much money does SLM make?

SLM has a market capitalization of $6.21 billion and generates $2.35 billion in revenue each year. The credit services provider earns $880.69 million in net income (profit) each year or $2.23 on an earnings per share basis.

How many employees does SLM have?

SLM employs 1,600 workers across the globe.

What is SLM's official website?

The official website for SLM is www.salliemae.com.

Where are SLM's headquarters?

SLM is headquartered at 300 CONTINENTAL DRIVE, NEWARK DE, 19713.

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]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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