SLM Stock Price, News & Analysis (NASDAQ:SLM) $15.84 +0.11 (+0.70%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$15.66▼$16.0250-Day Range$12.81▼$15.7352-Week Range$10.81▼$17.91Volume3.39 million shsAverage Volume2.23 million shsMarket Capitalization$3.58 billionP/E Ratio11.73Dividend Yield2.78%Price Target$16.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability SLM MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.64 Rating ScoreUpside/Downside5.0% Upside$16.64 Price TargetShort InterestBearish4.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.67Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-4.28%From $2.57 to $2.46 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.2.28 out of 5 starsFinance Sector360th out of 822 stocksPersonal Credit Institutions Industry7th out of 11 stocks 2.3 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.64, SLM has a forecasted upside of 5.0% from its current price of $15.84.Amount of Analyst CoverageSLM has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.85% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in SLM has recently increased by 3.05%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 2.80%, 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 32.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 17.89% 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 2.6 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.67. 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 6 news articles for SLM this week, compared to 4 articles on an average week.Search Interest3 people have searched for SLM on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added SLM to their MarketBeat watchlist in the last 30 days. This is a decrease of -80% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SLM insiders have not sold or bought any 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 1.3 Earnings and Valuation Earnings GrowthEarnings for SLM are expected to decrease by -4.28% in the coming year, from $2.57 to $2.46 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 11.73, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.59.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 11.73, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.77.Price to Book Value per Share RatioSLM has a P/B Ratio of 2.68. 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 Stock (NASDAQ: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 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLM Stock News HeadlinesDecember 3, 2023 | msn.comSLM-Abdel Wahid forces seize RSF camp in South DarfurDecember 1, 2023 | finance.yahoo.comSLM Corp's Dividend AnalysisDecember 5, 2023 | Edge On The Street (Ad)The Battery Metal Nobody Told You AboutAccording to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech." November 30, 2023 | msn.comSLM’s Minawi clarifies position on neutrality in Sudan’s conflictNovember 28, 2023 | finance.yahoo.comSallie Mae to Host Investor Forum on Dec. 12November 28, 2023 | msn.comDarfur armed groups forged agreement with SLM-AW to defend civilians: JEMNovember 28, 2023 | americanbankingnews.comSLM Co. (NASDAQ:SLM) Given Consensus Rating of "Moderate Buy" by AnalystsNovember 27, 2023 | finance.yahoo.comVortex Metals Signs Definitive Agreement for Option to Acquire up to 80% Interest in the Illapel Copper Project, Chile - InvestmentPitch Media VideoDecember 5, 2023 | Edge On The Street (Ad)The Battery Metal Nobody Told You AboutAccording to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech." November 24, 2023 | morningstar.comSolis Minerals Ltd Chess Depository Interest SLMNovember 22, 2023 | msn.comTy Majeski & Dale Jr’s Champ Prepare to Battle for a $100K+ Payout at the Bill Bigley Sr. Memorial 128November 21, 2023 | news.yahoo.comGermany pledges $1.4 billion military aid package for UkraineNovember 16, 2023 | finance.yahoo.comSallie Mae Appoints New Members to Its Board of DirectorsNovember 15, 2023 | nasdaq.comBarclays Initiates Coverage of SLM (SLM) with Overweight RecommendationNovember 15, 2023 | markets.businessinsider.comExpert Ratings for SLMNovember 13, 2023 | news.yahoo.comGermany to provide Ukraine with 2 more IRIS-T air defense systemsNovember 10, 2023 | seekingalpha.comSLM Corporation: Don't Let The Q3 Results Fool YouNovember 6, 2023 | msn.comMinawi’s field commander slain in suspected RSF ambush in North DarfurNovember 2, 2023 | finance.yahoo.comSallie Mae CEO Jon Witter to Speak at 2023 Stephens Annual Investment ConferenceNovember 1, 2023 | msn.comTD Cowen Initiates Coverage of SLM (SLM) with Outperform RecommendationNovember 1, 2023 | msn.comDiscover Financial, OneMain, SLM nab Outperform rates at TD CowenOctober 31, 2023 | morningstar.comSanlam Ltd SLMOctober 31, 2023 | msn.comSLM-MM, JEM decline to join SRF’s condemnation by peace signatoriesOctober 27, 2023 | news.yahoo.comGermany delivers IRIS-T air defense system, other aid to UkraineOctober 27, 2023 | finance.yahoo.comSLM Corporation (NASDAQ:SLM) Q3 2023 Earnings Call TranscriptOctober 27, 2023 | finance.yahoo.comQ3 2023 SLM Corp Earnings CallOctober 26, 2023 | msn.comWedbush Maintains SLM (SLM) Outperform RecommendationSee 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 Company Calendar Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Last Earnings10/25/2023Ex-Dividend for 12/15 Dividend12/01/2023Today12/05/2023Dividend Payable12/15/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/07/2024Get 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 Target$16.64 High Stock Price Target$20.00 Low Stock Price Target$14.00 Potential Upside/Downside+5.0%Consensus RatingModerate Buy Rating Score (0-4)2.64 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$1.35 Trailing P/E Ratio11.73 Forward P/E Ratio6.16 P/E GrowthN/ANet Income$469.01 million Net Margins12.76% Pretax Margin17.34% Return on Equity21.83% Return on Assets1.17% Debt Debt-to-Equity Ratio3.56 Current Ratio1.23 Quick Ratio1.23 Sales & Book Value Annual Sales$2.37 billion Price / Sales1.51 Cash Flow$2.11 per share Price / Cash Flow7.50 Book Value$5.90 per share Price / Book2.68Miscellaneous Outstanding Shares226,270,000Free Float224,212,000Market Cap$3.58 billion OptionableOptionable Beta1.24 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Jonathan W. Witter (Age 53)CEO & Director Comp: $2.44MMs. Kerri A. Palmer (Age 52)Executive VP & COO Comp: $1.51MMs. Donna F. Vieira (Age 58)Executive VP & Chief Commercial Officer Comp: $1.18MMr. Peter M. Graham (Age 57)Executive VP & CFO Ms. Melissa Bronaugh CPAVP & Head of Investor RelationsMr. Nicolas Jafarieh (Age 48)Executive VP and Chief Legal, Government Affairs & Communications Officer Comp: $856.3kMr. William Wolf (Age 57)Executive VP & Chief People Officer Mr. Munish PahwaExecutive VP, Chief Risk Officer & Chief Credit Risk OfficerMr. Jonathan R. Boyles (Age 56)Senior VP & Controller Mr. Richard M. NelsonSenior VP, Chief Regulatory Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsNelnetNYSE:NNICredit AcceptanceNASDAQ:CACCOneMainNYSE:OMFOaktree Specialty LendingNASDAQ:OCSLEnova InternationalNYSE:ENVAView All CompetitorsInsiders & InstitutionsWellington Management Group LLPBought 46,032 shares on 12/1/2023Ownership: 0.118%American Century Companies Inc.Bought 209,632 shares on 11/30/2023Ownership: 1.136%Deutsche Bank AGSold 134,728 shares on 11/24/2023Ownership: 0.010%Comerica BankSold 361,956 shares on 11/21/2023Ownership: 0.085%OLD National Bancorp INSold 1,512 shares on 11/17/2023Ownership: 0.014%View All Insider TransactionsView All Institutional Transactions SLM Stock Analysis - Frequently Asked Questions Should I buy or sell SLM stock right now? 11 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 7 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 target for 2024? 11 brokerages have issued 1 year price targets for SLM's stock. Their SLM share price targets range from $14.00 to $20.00. On average, they predict the company's stock price to reach $16.64 in the next twelve months. This suggests a possible upside of 5.0% 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 beginning of 2023. Since then, SLM shares have decreased by 4.6% and is now trading at $15.84. 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, February 7th 2024. View our SLM earnings forecast. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) posted its quarterly earnings results on Wednesday, October, 25th. The credit services provider reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.22. The credit services provider had revenue of $409 million for the quarter, compared to the consensus estimate of $381.34 million. SLM had a net margin of 12.76% and a trailing twelve-month return on equity of 21.83%. The firm's revenue for the quarter was down 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.29 EPS. How often does SLM pay dividends? What is the dividend yield for SLM? SLM announced a quarterly dividend on Tuesday, October 24th. Shareholders of record on Monday, December 4th will be paid a dividend of $0.11 per share on Friday, December 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date is Friday, December 1st. Read our dividend analysis for SLM. 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 2.80%. The dividend payout ratio is 32.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 17.89% next year. This indicates that the company will be able to sustain or increase its dividend. 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). How will SLM's stock buyback program work? SLM announced that its Board of Directors has approved a stock repurchase plan 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 repurchase up to 24.9% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued. 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). Who are SLM's major shareholders? SLM's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Impactive Capital LP (8.71%), Massachusetts Financial Services Co. MA (6.00%), Boston Partners (4.34%), FMR LLC (2.59%), Morgan Stanley (2.39%) and Goldentree Asset Management LP (1.89%). Insiders that own company stock include Jonathan Boyles, Mary Carter Warren Franke, Nicolas Jafarieh, Robert S Strong and Steven Mcgarry. View institutional ownership trends. 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. This page (NASDAQ:SLM) was last updated on 12/5/2023 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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