SLM Stock Price, Forecast & Analysis (NASDAQ:SLM)

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

SLM announced a quarterly dividend on Thursday, November 7th. Investors of record on Friday, December 6th will be given a dividend of $0.03 per share on Monday, December 16th. This represents a $0.12 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Thursday, December 5th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) issued its quarterly earnings data on Wednesday, October, 23rd. The credit services provider reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.04. The credit services provider earned $405.07 million during the quarter, compared to analysts' expectations of $397.58 million. SLM had a return on equity of 20.63% and a net margin of 25.04%. During the same quarter last year, the company posted $0.23 EPS. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for SLM.

SLM issued an update on its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided EPS guidance of $1.23-1.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22.

6 brokerages have issued 1 year target prices for SLM's stock. Their forecasts range from $12.00 to $14.00. On average, they anticipate SLM's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 52.2% from the stock's current price. View Analyst Price Targets for SLM.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

Press coverage about SLM stock has trended very negative on Monday, according to InfoTrie. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SLM earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news coverage about the credit services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for SLM.

Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), FirstCash (FCFS), Nelnet (NNI), Pra Group (PRAA), Green Dot (GDOT), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW), Nicholas Financial (NICK), Asta Funding (ASFI) and Asset Acceptance Capital (AACC).

Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Gran Tierra Energy (GTE), Transocean (RIG) and Precision Drilling (PD).

SLM's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.86%), Mackay Shields LLC (0.42%), First Trust Advisors LP (0.31%), Russell Investments Group Ltd. (0.28%), Rhumbline Advisers (0.26%) and California Public Employees Retirement System (0.22%). 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.

SLM stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Robeco Institutional Asset Management B.V., Russell Investments Group Ltd., Gamco Investors INC. ET AL, Great West Life Assurance Co. Can, Rhumbline Advisers, Cerebellum GP LLC and Gabelli Funds LLC. Company insiders that have sold SLM company stock in the last year include Jed H Pitcher, Jonathan Boyles and Paul F Thome. View Insider Buying and Selling for SLM.

SLM stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Mackay Shields LLC, First Trust Advisors LP, Comerica Bank, California Public Employees Retirement System, River & Mercantile Asset Management LLP, State of Tennessee Treasury Department and SG Americas Securities LLC. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of SLM stock can currently be purchased for approximately $8.54.

SLM has a market capitalization of $3.61 billion and generates $1.88 billion in revenue each year. The credit services provider earns $487.48 million in net income (profit) each year or $1.07 on an earnings per share basis. SLM employs 1,700 workers across the globe.View Additional Information About SLM.

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

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]