SLM Corp Company Profile (NASDAQ:SLM)

About SLM Corp

SLM Corp logoSLM Corporation (Sallie Mae) is the nation's saving, planning, and paying for college company. Sallie Mae offers products, which promote personal finance including private education loans, Upromise rewards, scholarship search, college financial planning tools, insurance, and online retail banking.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Credit Services
  • Sub-Industry: Consumer Finance
  • Exchange: NASDAQ
  • Symbol: SLM
  • CUSIP: 78442P10
Key Metrics:
  • Previous Close: $11.96
  • 50 Day Moving Average: $11.80
  • 200 Day Moving Average: $9.28
  • 52-Week Range: $5.56 - $12.60
  • Trailing P/E Ratio: 22.57
  • Foreward P/E Ratio: 13.75
  • P/E Growth: 1.18
  • Market Cap: $5.13B
  • Outstanding Shares: 428,899,000
  • Beta: 1.27
Profitability:
  • Net Margins: 21.84%
  • Return on Equity: 15.17%
  • Return on Assets: 1.51%
Debt:
  • Debt-to-Equity Ratio: 1.22%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.28%
Additional Links:
Companies Related to SLM Corp:

Analyst Ratings

Consensus Ratings for SLM Corp (NASDAQ:SLM) (?)
Ratings Breakdown: 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 3.10)
Consensus Price Target: $11.00 (8.03% downside)

Analysts' Ratings History for SLM Corp (NASDAQ:SLM)
Show:
DateFirmActionRatingPrice TargetDetails
1/30/2017WedbushInitiated CoverageOutperform$13.00View Rating Details
1/19/2017Jefferies Group LLCReiterated RatingBuy$12.50View Rating Details
1/8/2017Barclays PLCSet Price TargetBuy$14.00View Rating Details
12/7/2016Keefe, Bruyette & WoodsReiterated RatingOutperformView Rating Details
12/2/2016FBR & CoInitiated CoverageOutperform$13.00View Rating Details
8/11/2016Goldman Sachs Group, Inc. (The)UpgradeBuy -> Conviction-BuyView Rating Details
7/21/2016Compass PointBoost Price TargetBuy$8.50 -> $9.00View Rating Details
7/14/2016Citigroup Inc.Initiated CoverageBuy -> Buy$8.50 -> $8.50View Rating Details
5/14/2016Credit Suisse GroupReiterated RatingBuyView Rating Details
3/21/2016DA DavidsonInitiated CoverageBuy$9.00View Rating Details
11/30/2015J P Morgan Chase & CoInitiated CoverageOverweight$10.00View Rating Details
10/5/2015Off Wall StreetReiterated RatingSellView Rating Details
4/24/2015BMO Capital MarketsReiterated RatingHold$9.00 -> $11.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for SLM Corp (NASDAQ:SLM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/18/2017        
1/18/2017Q416$0.14$0.15$239.70 million$245.40 millionViewN/AView Earnings Details
10/19/2016Q316$0.12$0.12$931.19 million$223.00 millionViewN/AView Earnings Details
7/20/2016Q216$0.11$0.12$216.48 million$212.76 millionViewListenView Earnings Details
4/20/2016Q116$0.11$0.14$211.86 millionViewListenView Earnings Details
1/20/2016Q415$0.18$0.20$190.44 millionViewListenView Earnings Details
10/21/2015Q315$0.08$0.10$177.30 million$175.44 millionViewListenView Earnings Details
7/22/2015Q215$0.20$0.20$172.73 millionViewListenView Earnings Details
4/22/2015Q115$0.07$0.10$161.23 million$165.64 millionViewN/AView Earnings Details
1/21/2015Q414$0.05$0.03$152.60 millionViewN/AView Earnings Details
10/22/2014Q314($0.28)$0.17$20.84 millionViewN/AView Earnings Details
7/23/2014Q214$0.10$0.10$138.83 millionViewN/AView Earnings Details
4/16/2014Q114$0.55$0.51$656.60 millionViewN/AView Earnings Details
1/15/2014Q413$0.70$0.61$673.67 millionViewN/AView Earnings Details
10/16/2013Q313$0.59$0.60$673.80 millionViewN/AView Earnings Details
7/17/2013Q2 2013$0.88$1.02$724.50 millionViewN/AView Earnings Details
4/17/2013Q1 2013$0.60$0.61ViewN/AView Earnings Details
1/16/2013Q4 2012$0.53$0.55$711.00 million$792.00 millionViewN/AView Earnings Details
10/17/2012$0.54$0.58ViewN/AView Earnings Details
7/18/2012$0.54$0.59ViewN/AView Earnings Details
4/18/2012$0.51$0.55ViewN/AView Earnings Details
10/19/2011$0.36$0.36ViewN/AView Earnings Details
7/20/2011$0.43$0.48ViewN/AView Earnings Details
4/20/2011$0.40$0.48ViewN/AView Earnings Details
1/19/2011$0.71$0.75ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for SLM Corp (NASDAQ:SLM)
Current Year EPS Consensus Estimate: $0.69 EPS
Next Year EPS Consensus Estimate: $0.87 EPS

Dividends

Dividend History for SLM Corp (NASDAQ:SLM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/4/2014quarterly$0.152.73%3/5/20143/7/20143/21/2014
10/3/2013quarterly$0.152.39%12/4/201312/6/201312/20/2013
8/8/2013quarterly$0.152.43%9/4/20139/6/20139/20/2013
4/9/2013quarterly$0.152.95%6/5/20136/7/20136/21/2013
2/5/2013quarterly$0.153.37%2/27/20133/1/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for SLM Corp (NASDAQ:SLM)
Insider Ownership Percentage: 0.98%
Institutional Ownership Percentage: 98.02%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/3/2016Earl A GoodeDirectorBuy10,000$7.03$70,300.00View SEC Filing  
10/28/2016Marianne M KelerDirectorBuy10,000$7.12$71,200.00View SEC Filing  
4/25/2016Robert S StrongDirectorBuy5,000$6.50$32,500.00View SEC Filing  
2/1/2016Jeffrey DaleSVPBuy7,800$6.35$49,530.00View SEC Filing  
11/18/2015Raymond J QuinlanCEOBuy15,500$6.61$102,455.00View SEC Filing  
10/29/2015Robert S. StrongDirectorBuy7,000$6.98$48,860.00View SEC Filing  
10/27/2015Laurent Charles LutzEVPBuy7,000$7.00$49,000.00View SEC Filing  
10/26/2015Steven McgarryCFOBuy7,500$7.05$52,875.00View SEC Filing  
2/17/2015Marianne M KelerDirectorBuy10,000$9.21$92,100.00View SEC Filing  
5/29/2014Steven McgarryCFOBuy11,685$8.57$100,140.45View SEC Filing  
2/18/2014Bates Ann TorreDirectorBuy3,395$23.47$79,680.65View SEC Filing  
6/10/2013Bates Ann TorreDirectorSell18,863$23.51$443,469.13View SEC Filing  
6/6/2013Barry A MunitzDirectorSell50,000$23.60$1,180,000.00View SEC Filing  
6/4/2013Barry Lawson WilliamsDirectorSell1,000$24.03$24,030.00View SEC Filing  
2/1/2013Barry A MunitzDirectorSell17,175$17.00$291,975.00View SEC Filing  
11/9/2012William M Diefenderfer IIIDirectorSell17,170$16.99$291,718.30View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for SLM Corp (NASDAQ:SLM)
DateHeadline
News IconBroken connection: IDA chief pulls plug on jobs initiative (NASDAQ:SLM)
www.thetimes.co.uk - February 25 at 7:25 PM
mysmartrend.com logoSLM Has Returned 69.3% Since SmarTrend Recommendation (SLM) (NASDAQ:SLM)
www.mysmartrend.com - February 25 at 7:25 PM
News IconThe Technical Case for and Against SLM Corporation (SLM) - The USA Commerce (NASDAQ:SLM)
theusacommerce.com - February 25 at 3:17 AM
News IconEarnings Clues on HD Supply Holdings, Inc. (HDS), SLM Corporation (SLM) Analyst's Predictions - StockNewsJournal (NASDAQ:SLM)
stocknewsjournal.com - February 25 at 3:17 AM
News IconJob opportunities with Everyone Active (NASDAQ:SLM)
www.sportsmanagement.co.uk - February 24 at 10:17 PM
seekingalpha.com logoIoT Monthly Review: 2017 Off To A Big Start (NASDAQ:SLM)
seekingalpha.com - February 24 at 10:17 PM
4-traders.com logoSLM : Management's Discussion and Analysis of Financial Condition and Results of Operations (form 10-K) (NASDAQ:SLM)
www.4-traders.com - February 24 at 10:17 PM
biz.yahoo.com logoSLM CORP Files SEC form 10-K, Annual Report (NASDAQ:SLM)
biz.yahoo.com - February 24 at 10:17 PM
News IconSLM Corporation (SLM): What's the Story? | StockNewsJournal - StockNewsJournal (NASDAQ:SLM)
stocknewsjournal.com - February 24 at 6:57 AM
News IconSmart Money Buying the Price Weakness of SLM Corporation (SLM) - Money Flow Index & Trends (NASDAQ:SLM)
www.moneyflowtrends.com - February 23 at 8:01 PM
News IconForward Earnings Estimate of SLM Corporation(SLM) - Highland Mirror (NASDAQ:SLM)
www.highlandmirror.com - February 23 at 8:01 PM
finance.yahoo.com logoSallie Mae Declares Preferred Stock Series A and B Dividends (NASDAQ:SLM)
finance.yahoo.com - February 23 at 8:01 PM
4-traders.com logoSLM : Hip-Hop Artist Dee-1 Helps Five Deserving Customers Pay ‘Sallie Mae Back’ (NASDAQ:SLM)
www.4-traders.com - February 21 at 5:02 PM
live-pr.com logoSLM Corporation - Strategy, SWOT and Corporate Finance Report - New Market Study Published (NASDAQ:SLM)
www.live-pr.com - February 21 at 5:02 PM
finance.yahoo.com logoHip-Hop Artist Dee-1 Helps Five Deserving Customers Pay ‘Sallie Mae Back’ (NASDAQ:SLM)
finance.yahoo.com - February 21 at 5:02 PM
4-traders.com logoAnnouncement: Moody's: No ratings impact on SLM student loan trusts following amendment of the limited liability company operating agreement (NASDAQ:SLM)
www.4-traders.com - February 20 at 7:01 PM
finance.yahoo.com logoSLM Corp (SLM) Up 8.8% Since Earnings Report: Can It Continue? (NASDAQ:SLM)
finance.yahoo.com - February 20 at 8:53 AM
4-traders.com logoSLM : Hip-Hop Artist Dee-1 and Sallie Mae to Make Special Announcement in New Orleans (NASDAQ:SLM)
www.4-traders.com - February 16 at 7:35 PM
4-traders.com logoSLM : Hip-Hop Artist Dee-1 and Sallie Mae to Make Special Announcement in New Orleans (NASDAQ:SLM)
www.4-traders.com - February 16 at 7:35 PM
4-traders.com logoSLM : Hip-Hop Artist Dee-1 and Sallie Mae to Make Special Announcement in New Orleans (NASDAQ:SLM)
www.4-traders.com - February 16 at 7:35 PM
finance.yahoo.com logoReady! Set! Vote! Help a Student Pay for College by Casting Your Ballot in Sallie Mae's 'Make College Happen Challenge' (NASDAQ:SLM)
finance.yahoo.com - February 16 at 7:35 PM
finance.yahoo.com logoReady! Set! Vote! Help a Student Pay for College by Casting Your Ballot in Sallie Mae's 'Make College Happen Challenge' (NASDAQ:SLM)
finance.yahoo.com - February 16 at 7:35 PM
finance.yahoo.com logoReady! Set! Vote! Help a Student Pay for College by Casting Your Ballot in Sallie Mae's 'Make College Happen Challenge' (NASDAQ:SLM)
finance.yahoo.com - February 16 at 7:35 PM
finance.yahoo.com logoHip-Hop Artist Dee-1 and Sallie Mae to Make Special Announcement in New Orleans (NASDAQ:SLM)
finance.yahoo.com - February 16 at 7:35 PM
finance.yahoo.com logoHip-Hop Artist Dee-1 and Sallie Mae to Make Special Announcement in New Orleans (NASDAQ:SLM)
finance.yahoo.com - February 16 at 7:35 PM
finance.yahoo.com logoHip-Hop Artist Dee-1 and Sallie Mae to Make Special Announcement in New Orleans (NASDAQ:SLM)
finance.yahoo.com - February 16 at 7:35 PM
finance.yahoo.com logoSallie Mae's Mobile and Apple Watch Apps Earn AVA Digital Awards (NASDAQ:SLM)
finance.yahoo.com - February 10 at 4:08 AM
seekingalpha.com logoSLM bulls like what they hear from SLM management (NASDAQ:SLM)
seekingalpha.com - February 9 at 4:11 AM
finance.yahoo.com logoFebruary is Financial Aid Awareness Month: Have You Completed Your FAFSA? (NASDAQ:SLM)
finance.yahoo.com - February 6 at 7:58 PM
streetinsider.com logoForm 4 SLM CORP For: Jan 27 Filed by: Dale Jeffrey (NASDAQ:SLM)
www.streetinsider.com - February 1 at 5:04 AM
News IconWhat’s Next for SLM Corp (SLM) After Reaching 52-Week High? (NASDAQ:SLM)
randolphguide.com - February 1 at 5:04 AM
News IconThe SLM Corporation (SLM) Position Raised by Rhumbline Advisers (NASDAQ:SLM)
flapship.com - February 1 at 5:04 AM
News IconIs SLM Corporation (NASDAQ:SLM) Preparing For A Breakout Trade? (NASDAQ:SLM)
myhealthbowl.com - February 1 at 5:04 AM
News IconSLM Corporation (SLM) Given Consensus Recommendation of "Buy" by Analysts (NASDAQ:SLM)
thecelebritytruth.com - February 1 at 5:04 AM
News IconSLM Corp (SLM) is Initiated by Wedbush to "Outperform" (NASDAQ:SLM)
mundoaguaysaneamiento.net - February 1 at 5:04 AM
finance.yahoo.com logoCoverage initiated on Sallie Mae by Wedbush (NASDAQ:SLM)
finance.yahoo.com - February 1 at 5:04 AM
barrons.com logo[$$] Sallie Mae EPS Could Grow 20% a Year (NASDAQ:SLM)
www.barrons.com - February 1 at 5:04 AM
nasdaq.com logoSLM's Preferred Stock, Series B Shares Cross 4.5% Yield Mark (NASDAQ:SLM)
www.nasdaq.com - January 30 at 9:43 PM
finance.yahoo.com logoSallie Mae Ranked Among Best Banks of 2017 (NASDAQ:SLM)
finance.yahoo.com - January 28 at 6:36 AM
streetinsider.com logoForm 4 SLM CORP For: Jan 23 Filed by: HUNT RONALD F (NASDAQ:SLM)
www.streetinsider.com - January 27 at 3:30 AM
4-traders.com logoSLM CORPORATION (NASDAQ:ISM) Files An 8-K Regulation FD Disclosure (NASDAQ:SLM)
www.4-traders.com - January 27 at 3:30 AM
4-traders.com logoSallie Mae : Recognized for Cybersecurity Management Practices (NASDAQ:SLM)
www.4-traders.com - January 25 at 5:44 AM
News Icon3D printing company SLM Solutions announces immediate removal of CEO Markus Rechlin (NASDAQ:SLM)
www.3ders.org - January 25 at 5:44 AM
finance.yahoo.com logoSallie Mae Recognized for Cybersecurity Management Practices (NASDAQ:SLM)
finance.yahoo.com - January 25 at 5:44 AM
capitalcube.com logoETFs with exposure to SLM Corp. : January 24, 2017 (NASDAQ:SLM)
www.capitalcube.com - January 25 at 5:44 AM
finance.yahoo.com logoSallie Mae Chief Financial Officer to Present at Credit Suisse Financial Services Forum on Feb. 7 (NASDAQ:SLM)
finance.yahoo.com - January 25 at 5:44 AM
News IconAnalyst Earnings Predictions Coverage: SLM Corporation (NASDAQ:SLM) (NASDAQ:SLM)
instantcrickets.com - January 21 at 7:36 PM
capitalcube.com logoSLM Corp. :SLM-US: Earnings Analysis: Q4, 2016 By the Numbers : January 20, 2017 (NASDAQ:SLM)
www.capitalcube.com - January 21 at 1:20 AM
finance.yahoo.com logoEdited Transcript of SLM earnings conference call or presentation 19-Jan-17 1:00pm GMT (NASDAQ:SLM)
finance.yahoo.com - January 19 at 9:41 PM
News IconSLM Corporation (NASDAQ:SLM) To Report Earnings (NASDAQ:SLM)
vouxmagazine.com - January 19 at 4:39 PM

Social

What is SLM Corp's stock symbol?

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

Where is SLM Corp's stock going? Where will SLM Corp's stock price be in 2017?

10 brokerages have issued 12 month target prices for SLM Corp's shares. Their forecasts range from $8.50 to $14.00. On average, they anticipate SLM Corp's share price to reach $11.00 in the next twelve months.

When will SLM Corp announce their earnings?

SLM Corp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 18th 2017.

What are analysts saying about SLM Corp stock?

Here are some recent quotes from research analysts about SLM Corp stock:

  • Wedbush analysts commented, "We are initiating coverage on SLM Corp. (SLM) with an OUTPERFORM rating and a $13 price target. SLM is the largest private student loan originator in the country, accounting for over 50% of private originations. Over the last three years, growth in private student loan balances has been significant, loan quality stable, and adjusted EPS increased at an annualized rate of 20%. We think these trends will continue over the next three to five years." (1/30/2017)
  • Jefferies Group LLC analysts commented, "SLM reported 4Q16 EPS of $0.15, beating both our estimate and consensus of $0.14. We classify 4Q16 as another solid quarter with strong fundamentals including continued strong top-line growth, consistent credit and strong expense controls. Preliminary 2017 guidance implies 28% growth at the midpoint which is in-line consensus and reflects strong secular growth. We consider the growth factors very appealing and continue to favor SLM. Results versus our model. Net interest income of $245M beat our forecast of $237M while non-interest income of $9M was slightly lower than our $12M forecast. The provision for loan losses of $43M exceeded our $40M estimate somewhat offsetting the top-line beat although we note that credit remains very stable (i.e. NCOs were down meaningfully from year ago results). In addition, non-interest expense of $98M was slightly better than our estimate of $99M and produced an efficiency ratio of 38.5% versus our 40% forecast." (1/19/2017)

  • According to Zacks Investment Research, "Sallie Mae shares have significantly outperformed the Zacks categorized Consumer Loan industry year to date. Sallie Mae, which started operating independently following the separation of SLM Corporation in Apr 2014, remains focused on its several goals, including enhancing private education loan assets and revenues. For 2016, the company projects core earnings per share of $0.52, and private education loan originations of $4.6 billion. We believe that the economic recovery and declining unemployment rate should help Sallie Mae to maintain its leading position in the student lending market. Nevertheless, we remain cautious due to a competitive business environment and a stringent regulatory landscape." (11/29/2016)

  • Barclays PLC analysts commented, "We hosted two days of investor meetings with SLM. Overall, we came away with a reinforced view on the long-term growth prospects of the stock. If anything, we are probably more bullish now. Prior to the election, SLM was already a robust growth story, but had some warranted legislative risks. Now those risks, at a minimum, are off the table in our view. And instead, we think the legislative/regulatory landscape has become more supportive to private student lending and could actually create catalysts. SLM could benefit from any one or a combination of potential catalysts that include, lower corporate taxes, reduction in Federal student lending, and a much less likely revival of the FFELP program in some form. While the stock has rallied +34% (vs. +2% SPX) since 11/9, SLM trades at ~14x 2017 EPS, and still at a discount to the broader SMIDcap bank group (~17x) and also a discount to our DCF- driven PT of $12 (up from $11, reflecting a lower discount rate). Ultimately, we think that none of these catalysts are fully priced in, so owning SLM here provides a free call option on EPS upside from these potential catalysts, in our view." (11/21/2016)

  • Citigroup Inc. analysts commented, "We believe SLM is a rarity among financial stocks given its strong earnings growth and is not dependent on rising int rates. We see EPS growing 25 percent in '16–'18, led by 20+ percent loan growth and expense leverage," analyst Michael Kaye wrote in a note.In contrast to the federal loan market, the analyst said SLM's private student loans are conservatively underwritten "with avg FICO of 740+ w/ a 90 percent cosign rate."Kaye noted that comparable legacy SLM charge-offs peaked at 2.7 percent in '10 vs. 0.95 percent in Q1.Related Link: Expect The Expected: Barclays Sees In-Line Q2 Results For Navient, SLM CorpKaye expects 2016 EPS of $0.51 in line with consensus and 2017 EPS of $0.64 ($0.02 below consensus)."We view private student lending as a niche business within consumer finance with high credit quality as well as solid ROEs (13–15 percent)," (7/14/2016)

Who owns SLM Corp stock?

SLM Corp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Russell Investments Group Ltd. (0.25%), Gabelli Funds LLC (0.16%), Putnam Investments LLC (0.07%), Gamco Investors INC. ET AL (0.05%), Cantab Capital Partners LLP (0.01%) and Cigna Investments Inc. New (0.00%). Company insiders that own SLM Corp stock include Earl A Goode, Jeffrey Dale, Laurent Charles Lutz, Marianne M Keler, Raymond J Quinlan, Robert S Strong and Steven Mcgarry.

Who sold SLM Corp stock? Who is selling SLM Corp stock?

SLM Corp's stock was sold by a variety of institutional investors in the last quarter, including Cantab Capital Partners LLP and Gabelli Funds LLC.

Who bought SLM Corp stock? Who is buying SLM Corp stock?

SLM Corp's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Putnam Investments LLC and Cigna Investments Inc. New. Company insiders that have bought SLM Corp stock in the last two years include Earl A Goode, Jeffrey Dale, Laurent Charles Lutz, Marianne M Keler, Raymond J Quinlan, Robert S Strong and Steven Mcgarry.

How do I buy SLM Corp stock?

Shares of SLM Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of SLM Corp stock cost?

One share of SLM Corp stock can currently be purchased for approximately $11.96.

SLM Corp (NASDAQ:SLM) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for SLM Corp (NASDAQ:SLM)

Earnings History Chart

Earnings by Quarter for SLM Corp (NASDAQ:SLM)

Dividend History Chart

Dividend Payments by Quarter for SLM Corp (NASDAQ:SLM)

Last Updated on 2/25/2017 by MarketBeat.com Staff