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.
Industry, Sector and Symbol
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
SymbolNASDAQ:SLM
CUSIP78442P10
Phone302-451-0200
Debt
Debt-to-Equity Ratio1.69
Current Ratio1.38
Quick Ratio1.38
Price-To-Earnings
Trailing P/E Ratio16.58
Forward P/E Ratio11.54
P/E Growth0.6
Sales & Book Value
Annual Sales$1.43 billion
Price / Sales3.57
Cash Flow$0.8289 per share
Price / Cash14.20
Book Value$4.80 per share
Price / Book2.45
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$288.93 million
Net Margins20.85%
Return on Equity17.18%
Return on Assets1.65%
Miscellaneous
Employees1,500
Outstanding Shares435,220,000
SLM (NASDAQ:SLM) Frequently Asked Questions
What is SLM's stock symbol?
SLM trades on the NASDAQ under the ticker symbol "SLM."
How were SLM's earnings last quarter?
SLM Corp (NASDAQ:SLM) released its quarterly earnings results on Monday, April, 23rd. The credit services provider reported $0.27 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.03. The credit services provider had revenue of $332.61 million for the quarter, compared to analyst estimates of $316.35 million. SLM had a net margin of 20.85% and a return on equity of 17.18%. View SLM's Earnings History.
When is SLM's next earnings date?
What guidance has SLM issued on next quarter's earnings?
SLM updated its FY18 earnings guidance on Monday, April, 23rd. The company provided EPS guidance of $0.99-1.01 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.00.
What price target have analysts set for SLM?
10 equities research analysts have issued twelve-month price objectives for SLM's shares. Their predictions range from $13.00 to $17.00. On average, they anticipate SLM's share price to reach $14.5750 in the next twelve months. View Analyst Ratings for SLM.
Are investors shorting SLM?
SLM saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 24,722,579 shares, a decrease of 8.7% from the April 30th total of 27,072,450 shares. Based on an average trading volume of 3,259,233 shares, the days-to-cover ratio is currently 7.6 days. Approximately 5.7% of the company's stock are sold short. View SLM's Current Options Chain.
Who are some of SLM's key competitors?
Some companies that are related to SLM include Credit Acceptance (CACC), Santander Consumer USA (SC), OneMain (OMF), Nelnet (NNI), PROVIDENT Finl/S (FPLPY), Enova International (ENVA), World Acceptance (WRLD), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), IEG (IEGH) and IEG (IEGH).
Who are SLM's key executives?
SLM's management team includes the folowing people:
- Mr. Raymond J. Quinlan, Exec. Chairman & CEO (Age 66)
- Mr. Steven J. McGarry, Exec. VP & CFO (Age 60)
- Mr. Paul F. Thome, Chief Admin. Officer and Exec. VP (Age 67)
- Mr. Jeffrey F. Dale, Chief Risk Officer and Sr. VP (Age 56)
- Mr. Brian Cronin, VP of Investor Relations
Has SLM been receiving favorable news coverage?
Media stories about SLM stock have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SLM earned a news sentiment score of 0.16 on Accern's scale. They also assigned news stories about the credit services provider an impact score of 46.75 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
Who are SLM's major shareholders?
SLM's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.70%), Barrow Hanley Mewhinney & Strauss LLC (7.78%), VA PARTNERS I, LLC (6.90%), Boston Partners (6.61%), Wells Fargo & Company MN (1.76%) and ValueAct Holdings L.P. (1.70%). Company insiders that own SLM stock include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, Laurent Charles Lutz, Marianne M Keler, Nicolas Jafarieh, Paul F Thome, Raymond J Quinlan and Steven Mcgarry. 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 Wells Fargo & Company MN, Point72 Asset Management L.P., BlackRock Inc., Barrow Hanley Mewhinney & Strauss LLC, Royal Bank of Canada, Hsbc Holdings PLC, Victory Capital Management Inc. and Monarch Partners Asset Management LLC. Company insiders that have sold SLM company stock in the last year 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 Insider Buying and Selling for SLM.
Which major investors are buying SLM stock?
SLM stock was purchased by a variety of institutional investors in the last quarter, including ValueAct Holdings L.P., CI Investments Inc., State of New Jersey Common Pension Fund D, JPMorgan Chase & Co., Interval Partners LP, Boston Partners, EJF Capital LLC and Robeco Institutional Asset Management B.V.. Company insiders that have bought SLM stock in the last two years include Earl A Goode and Marianne M Keler. 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 $11.77.
How big of a company is SLM?
SLM has a market capitalization of $5.15 billion and generates $1.43 billion in revenue each year. The credit services provider earns $288.93 million in net income (profit) each year or $0.71 on an earnings per share basis. SLM employs 1,500 workers across the globe.
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 (SLM)
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.
