NASDAQ:SLM SLM (SLM) Stock Forecast, Price & News $13.62 +0.10 (+0.74%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$13.54▼$13.7450-Day Range$13.44▼$16.6652-Week Range$10.81▼$17.92Volume1.00 million shsAverage Volume2.29 million shsMarket Capitalization$3.08 billionP/E Ratio8.90Dividend Yield3.23%Price Target$17.91 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability SLM MarketRank™ ForecastAnalyst RatingModerate Buy2.60 Rating ScoreUpside/Downside31.5% Upside$17.91 Price TargetShort InterestBearish3.36% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.78Based on 5 Articles This WeekInsider TradingSelling Shares$120,900 Sold Last QuarterProj. Earnings Growth3.44%From $2.62 to $2.71 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.84 out of 5 starsFinance Sector234th out of 868 stocksPersonal Credit Institutions Industry4th out of 13 stocks 3.3 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.91, SLM has a forecasted upside of 31.5% from its current price of $13.62.Amount of Analyst CoverageSLM has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.36% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in SLM has recently increased by 10.32%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 3.27%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSLM does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SLM is 28.76%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 16.24% next year. This indicates that SLM will be able to sustain or increase its dividend. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSLM has received a 71.01% net impact score from Upright. Sallie Mae seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is false driven by its "Student loans provided by online banks", "Student loan management services", and "Consumer savings accounts provided by online banks" products. See details.Environmental SustainabilityThe Environmental Impact score for SLM is -0.15. Previous Next 3.2 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.78. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for SLM this week, compared to 4 articles on an average week.Search Interest4 people have searched for SLM on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows1 people have added SLM to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SLM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $120,900.00 in company stock.Percentage Held by InsidersOnly 0.91% of the stock of SLM is held by insiders.Percentage Held by Institutions95.07% of the stock of SLM is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SLM are expected to grow by 3.44% in the coming year, from $2.62 to $2.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 8.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.63.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 8.90, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 71.73.Price to Book Value per Share RatioSLM has a P/B Ratio of 2.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About SLM (NASDAQ:SLM) StockSLM 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 interest-bearing 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.Read More SLM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLM Stock News HeadlinesSeptember 29, 2023 | mirror.co.ukNationwide manager wins £350,000 after building society axed staff working from homeSeptember 24, 2023 | msn.comSLM-Nur expands control to several areas in Darfur to protect civilians: officialSeptember 29, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.September 20, 2023 | msn.comSudan: Displaced in Rebel-Controlled Areas Suffer As Darfur Is Hit By Heavy RainfallSeptember 18, 2023 | msn.comRussian drone takes out Ukraine's "Top-Secret" air defense system, but ukraine gets the last laughSeptember 18, 2023 | finance.yahoo.comRetail investors account for 57% of Sanlam Limited's (JSE:SLM) ownership, while institutions account for 27%September 10, 2023 | msn.comMinnawi warns against plans to attack Darfur joint forceSeptember 6, 2023 | finance.yahoo.comGround-breaking Survey Reveals Impact of Accommodation on Student Well-being and Experience Across EuropeSeptember 29, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.August 29, 2023 | finance.yahoo.comSallie Mae CEO Jon Witter to Present at 2023 Barclays Global Financial Services ConferenceAugust 28, 2023 | markets.businessinsider.comSallie Mae Appoints Pete Graham As CFOAugust 28, 2023 | finance.yahoo.comSallie Mae Announces Pete Graham as Next Chief Financial OfficerAugust 18, 2023 | msn.comUkraine updates: Kyiv thanks Germany for air defense systemsAugust 17, 2023 | seekingalpha.comSLM Corporation: High Dividend Yield, But Significant Price Rise UnlikelyAugust 16, 2023 | msn.comSLM Corporation: Discounted Price Gives Way For A Buy CaseAugust 16, 2023 | finance.yahoo.comSLM Solutions Group AG (AM3D.MU)August 3, 2023 | markets.businessinsider.comBMO Capital Keeps Their Hold Rating on SLM (SLM)August 1, 2023 | msn.comSLM faction joins Sudanese army against RSF in DarfurAugust 1, 2023 | markets.businessinsider.comAnalysts Conflicted on These Financial Names: SLM (SLM), S&P Global (SPGI) and Invesco (IVZ)August 1, 2023 | msn.comRayvatek uses SLM solutions technology to achieve development in aerospace productsJuly 31, 2023 | finance.yahoo.comRayvatek Uses SLM Solutions’ Metal 3D Printing Technology to Achieve Breakthroughs in Aerospace MaterialsJuly 29, 2023 | msn.comStephens & Co. Maintains SLM (SLM) Equal-Weight RecommendationJuly 29, 2023 | finance.yahoo.comSLM (NASDAQ:SLM) Is Due To Pay A Dividend Of $0.11July 28, 2023 | benzinga.comAnalyst Ratings for SLMJuly 28, 2023 | finance.yahoo.comSallie Mae (SLM) Q2 Earnings Miss Estimate, NII SurpassesJuly 27, 2023 | seekingalpha.comSLM Corporation 2023 Q2 - Results - Earnings Call PresentationJuly 27, 2023 | washingtonpost.comSallie Mae: Q2 Earnings SnapshotSee More Headlines Receive SLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SLM and its competitors with MarketBeat's FREE daily newsletter. Email Address SLM Company Calendar Last Earnings7/26/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/29/2023Next Earnings (Estimated)10/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:SLM CUSIP78442P10 CIK1032033 Webwww.salliemae.com Phone(302) 451-0200Fax800-848-1949Employees1,700Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.91 High Stock Price Forecast$20.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+31.5%Consensus RatingModerate Buy Rating Score (0-4)2.60 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$1.53 Trailing P/E Ratio8.90 Forward P/E Ratio5.20 P/E GrowthN/ANet Income$469.01 million Net Margins14.71% Pretax Margin20.06% Return on Equity24.09% Return on Assets1.33% Debt Debt-to-Equity Ratio3.35 Current Ratio1.22 Quick Ratio1.22 Sales & Book Value Annual Sales$2.37 billion Price / Sales1.30 Cash Flow$2.12 per share Price / Cash Flow6.41 Book Value$5.90 per share Price / Book2.31Miscellaneous Outstanding Shares226,080,000Free Float224,024,000Market Cap$3.08 billion OptionableOptionable Beta1.23 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Jonathan W. Witter (Age 53)CEO & Director Comp: $2.44MMr. Steven J. McGarry (Age 65)Exec. VP & CFO Comp: $1.28MMs. Kerri A. Palmer (Age 52)Exec. VP & COO Comp: $1.51MMs. Donna F. Vieira (Age 58)Exec. VP & Chief Commercial Officer Comp: $1.18MMs. Melissa Bronaugh CPAVP & Head of Investor RelationsMr. Nicolas Jafarieh (Age 48)Exec. VP and Chief Legal, Gov. Affairs & Communications Officer Mr. William Wolf (Age 57)Exec. VP & Chief People Officer Mr. Munish PahwaExec. VP, Chief Risk Officer & Chief Credit Risk OfficerMr. Jonathan R. Boyles (Age 56)Sr. VP & Controller Mr. Richard M. NelsonSr. VP, Chief Regulatory Counsel & Corp. Sec.More ExecutivesKey CompetitorsNelnetNYSE:NNIWorld AcceptanceNASDAQ:WRLDCredit AcceptanceNASDAQ:CACCOaktree Specialty LendingNASDAQ:OCSLOneMainNYSE:OMFView All CompetitorsInsiders & InstitutionsWolverine Trading LLCSold 39,900 shares on 8/23/2023Ownership: 0.000%Comerica BankBought 553,273 shares on 8/22/2023Ownership: 0.245%Virginia Retirement Systems ET ALBought 138,000 shares on 8/22/2023Ownership: 0.061%Teachers Retirement System of The State of KentuckyBought 4,142 shares on 8/21/2023Ownership: 0.466%Osaic Holdings Inc.Sold 807 shares on 8/21/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions SLM Stock - Frequently Asked Questions Should I buy or sell SLM stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 4 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SLM shares. View SLM analyst ratings or view top-rated stocks. What is SLM's stock price forecast for 2023? 10 analysts have issued 12 month target prices for SLM's shares. Their SLM share price forecasts range from $15.00 to $20.00. On average, they anticipate the company's share price to reach $17.91 in the next year. This suggests a possible upside of 31.5% from the stock's current price. View analysts price targets for SLM or view top-rated stocks among Wall Street analysts. How have SLM shares performed in 2023? SLM's stock was trading at $16.60 at the start of the year. Since then, SLM stock has decreased by 18.0% and is now trading at $13.62. View the best growth stocks for 2023 here. When is SLM's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. View our SLM earnings forecast. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) announced its quarterly earnings data on Wednesday, July, 26th. The credit services provider reported $1.10 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.16 by $0.06. The credit services provider had revenue of $777.96 million for the quarter, compared to the consensus estimate of $370.15 million. SLM had a net margin of 14.71% and a trailing twelve-month return on equity of 24.09%. During the same quarter last year, the company posted $1.29 earnings per share. How often does SLM pay dividends? What is the dividend yield for SLM? SLM declared a quarterly dividend on Tuesday, July 25th. Stockholders of record on Friday, September 1st will be given a dividend of $0.11 per share on Friday, September 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Thursday, August 31st. Read our dividend analysis for SLM. What ETFs hold SLM's stock? ETFs with the largest weight of SLM (NASDAQ:SLM) stock in their portfolio include Invesco S&P MidCap 400 Pure Growth ETF (RFG), Alpha Intelligent - Large Cap Value ETF (AILV), Vident Core U.S. Equity Fund (VUSE) and Avantis U.S. Small Cap Value ETF (AVUV).Global X Millennial Consumer ETF (MILN). Is SLM a good dividend stock? SLM (NASDAQ:SLM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.27%. The dividend payout ratio is 28.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 16.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SLM. How will SLM's stock buyback program work? SLM announced that its Board of Directors has authorized a stock buyback program on Wednesday, January 26th 2022, which permits the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy up to 24.9% of its stock through open market purchases. Stock repurchase programs are often 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 2023 earnings guidance on Wednesday, July, 26th. The company provided EPS guidance of $2.50-$2.70 for the period, compared to the consensus EPS estimate of $2.63. The company issued revenue guidance of -. What is Jonathan Witter's approval rating as SLM's CEO? 12 employees have rated SLM Chief Executive Officer Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among the company's employees. What other stocks do shareholders of SLM own? Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Gran Tierra Energy (GTE) and Apollo Commercial Real Estate Finance (ARI). What is SLM's stock symbol? SLM trades on the NASDAQ under the ticker symbol "SLM." How do I buy shares of SLM? Shares of SLM stock 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 $13.62. How much money does SLM make? SLM (NASDAQ:SLM) has a market capitalization of $3.08 billion and generates $2.37 billion in revenue each year. The credit services provider earns $469.01 million in net income (profit) each year or $1.53 on an earnings per share basis. How many employees does SLM have? The company employs 1,700 workers across the globe. How can I contact SLM? SLM's mailing address is 300 CONTINENTAL DRIVE, NEWARK DE, 19713. The official website for the company is www.salliemae.com. The credit services provider can be reached via phone at (302) 451-0200, via email at brian.cronin@salliemae.com, or via fax at 800-848-1949. This page (NASDAQ:SLM) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SLM Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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