Top-Rated Dividend Stocks NASDAQ:SLM SLM Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $16.10 -0.18 (-1.11%) (As of 06/28/2022 12:00 AM ET) Add Compare Share Today's Range$16.00▼$16.8050-Day Range$14.96▼$20.1452-Week Range$14.60▼$21.40Volume1.55 million shsAverage Volume2.77 million shsMarket Capitalization$4.33 billionP/E Ratio7.42Dividend Yield2.70%Price Target$23.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Stock Forecast (MarketRank)Overall MarketRank™2.85 out of 5 starsFinance Sector280th out of 1,394 stocksPersonal Credit Institutions Industry3rd out of 14 stocksAnalyst Opinion: 3.4Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 - 3.4 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $23.00, SLM has a forecasted upside of 42.9% from its current price of $16.10.Amount of Analyst CoverageSLM has only been the subject of 1 research reports in the past 90 days. Previous Next 4.8 Community Rank Outperform VotesSLM has received 459 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSLM has received 177 “underperform” votes. (Add your “underperform” vote.)Community SentimentSLM has received 72.17% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 2.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSLM has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of SLM is 20.28%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 14.33% next year. This indicates that SLM will be able to sustain or increase its dividend. 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 0.51% of the stock of SLM is held by insiders.Percentage Held by Institutions92.97% 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 5.14% in the coming year, from $2.92 to $3.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 7.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.94.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 7.42, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.13.Price to Book Value per Share RatioSLM has a P/B Ratio of 2.48. 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)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 omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. 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 News HeadlinesJune 24, 2022 | americanbankingnews.comAnalysts Set SLM Co. (NASDAQ:SLM) PT at $23.00June 23, 2022 | streetinsider.comKopin Corp (KOPN) Subsidiary Secures $1M Order from Nexstar Technology - StreetInsider.comJune 21, 2022 | finance.yahoo.comKopin Subsidiary Secures $1 Million Order from Nexstar Technology (South Korea) - Yahoo FinanceJune 21, 2022 | businesswire.comKopin Subsidiary Secures $1 Million Order from Nexstar Technology (South Korea) - Business WireJune 19, 2022 | nasdaq.comLook Under The Hood: DIVB Has 32% Upside - NasdaqJune 17, 2022 | finance.yahoo.comGlobal Metal 3D Printing Market Size, Share & Industry Trends Analysis Report By Vertical, By Component, By Application, By Technology, By Regional Outlook and Forecast, 2022 – 2028 - Yahoo FinanceJune 16, 2022 | seekingalpha.comRedbox Entertainment, PEI leads financial gainers; - Seeking AlphaJune 14, 2022 | finance.yahoo.comBruker Introduces Enhanced 3D Holographic Stimulation for Optogenetics on its Ultima 2Pplus Multiphoton Microscope - Yahoo FinanceJune 8, 2022 | investors.comSLM Joins Elite Club Of Stocks With RS Ratings Over 90 - Investor's Business DailyMay 30, 2022 | globenewswire.comMilitary Aerospace & Defense Lifecycle Management Market to Hit USD 12.56 Billion by 2028 - GlobeNewswireMay 29, 2022 | finance.yahoo.comMilitary Aerospace & Defense Lifecycle Management Market to Hit USD 12.56 Billion by 2028; Military Aerospace & Defense Lifecycle Management Industry CAGR of 8.2% between 2022-2028; Exclusive Insight Report by Vantage Market Research - Yahoo FinanceMay 27, 2022 | investors.comStocks Showing Improved Relative Strength: SLM - Investor's Business DailyMay 27, 2022 | nasdaq.comWhy Is Sallie Mae (SLM) Up 12.7% Since Last Earnings Report? - NasdaqSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:SLM CUSIP78442P10 CIK1032033 Webwww.salliemae.com Phone(302) 451-0200Fax800-848-1949Employees1,450Year FoundedN/ACompany Calendar Last Earnings4/27/2022Ex-Dividend for 6/15 Dividend6/02/2022Dividend Payable6/15/2022Today6/28/2022Next Earnings (Estimated)7/20/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$23.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+42.9%Consensus RatingModerate Buy Rating Score (0-4)2.8 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$2.17 Trailing P/E Ratio7.42 Forward P/E Ratio5.51 P/E GrowthN/ANet Income$1.16 billion Net Margins31.67% Pretax Margin42.10% Return on Equity34.38% Return on Assets2.26% Debt Debt-to-Equity Ratio3.10 Current Ratio1.24 Quick Ratio1.24 Sales & Book Value Annual Sales$2.41 billion Price / Sales1.80 Cash Flow$4.17 per share Price / Cash Flow3.86 Book Value$6.48 per share Price / Book2.48Miscellaneous Outstanding Shares269,214,000Free Float267,841,000Market Cap$4.33 billion OptionableOptionable Beta1.21 SLM Frequently Asked Questions Should I buy or sell SLM stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SLM stock. View analyst ratings for SLM or view top-rated stocks. What is SLM's stock price forecast for 2022? 5 Wall Street analysts have issued twelve-month price objectives for SLM's stock. Their SLM stock forecasts range from $19.00 to $27.00. On average, they predict SLM's share price to reach $23.00 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price. View analysts' price targets for SLM or view top-rated stocks among Wall Street analysts. How has SLM's stock performed in 2022? SLM's stock was trading at $19.67 at the beginning of the year. Since then, SLM shares have decreased by 18.1% and is now trading at $16.10. View the best growth stocks for 2022 here. Are investors shorting SLM? SLM saw a increase in short interest in May. As of May 31st, there was short interest totaling 10,720,000 shares, an increase of 56.0% from the May 15th total of 6,870,000 shares. Based on an average daily volume of 2,780,000 shares, the short-interest ratio is presently 3.9 days. Approximately 4.1% of the company's stock are short sold. View SLM's Short Interest. When is SLM's next earnings date? SLM is scheduled to release its next quarterly earnings announcement on Wednesday, July 20th 2022. View our earnings forecast for SLM. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) issued its earnings results on Wednesday, April, 27th. The credit services provider reported $0.46 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by $0.31. The credit services provider had revenue of $375.03 million for the quarter, compared to analyst estimates of $375.59 million. SLM had a net margin of 31.67% and a trailing twelve-month return on equity of 34.38%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same period last year, the firm posted $1.77 earnings per share. View SLM's earnings history. How often does SLM pay dividends? What is the dividend yield for SLM? SLM announced a quarterly dividend on Monday, April 25th. Shareholders of record on Friday, June 3rd will be paid a dividend of $0.11 per share on Wednesday, June 15th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date of this dividend is Thursday, June 2nd. View SLM's dividend history. 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 2.70%. SLM does not yet have a strong track record of dividend growth. The dividend payout ratio of SLM is 20.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 14.33% next year. This indicates that SLM will be able to sustain or increase its dividend. View SLM's dividend history. How will SLM's stock buyback program work? SLM announced that its board has approved a share 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 a sign that the company's leadership believes its shares are undervalued. What guidance has SLM issued on next quarter's earnings? SLM updated its FY22 earnings guidance on Wednesday, April, 27th. The company provided earnings per share guidance of $2.80-3.00 for the period, compared to the consensus EPS estimate of $2.91. Who are SLM's key executives? SLM's management team includes the following people: Mr. Jonathan W. Witter, CEO & Director (Age 52, Pay $2.82M)Mr. Steven J. McGarry, Exec. VP & CFO (Age 64, Pay $1.43M) (LinkedIn Profile)Mr. Daniel P. Kennedy, Exec. VP & COO (Age 55, Pay $1.2M)Ms. Donna F. Vieira, Exec. VP & Chief Commercial Officer (Age 57, Pay $1.15M)Ms. Kerri A. Palmer, Exec. VP & Chief Risk Officer (Age 51, Pay $1.35M)Mr. Brian Cronin, VP & Head of Investor RelationsMr. Nicolas Jafarieh, Exec. VP and Chief Legal, Gov. Affairs & Communications Officer (Age 47) (LinkedIn Profile)Mr. William Wolf, Exec. VP & Chief People Officer (Age 56)Mr. Tim Morrison, Sr. VP of Gov. RelationsMs. Joni J. Reich, Exec. VP of Admin. What is Jonathan Witter's approval rating as SLM's CEO? 12 employees have rated SLM CEO Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among SLM's employees. Who are some of SLM's key competitors? Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), Nelnet (NNI), PRA Group (PRAA), Green Dot (GDOT), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM) and Nicholas Financial (NICK). View all of SLM's competitors. 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." Who are SLM's major shareholders? SLM's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (12.47%), BlackRock Inc. (8.62%), Massachusetts Financial Services Co. MA (6.77%), Boston Partners (5.56%), State Street Corp (2.93%) and Dimensional Fund Advisors LP (2.06%). Company insiders that own SLM stock include Earl A Goode, Jonathan Boyles, Mary Carter Warren Franke, Nicolas Jafarieh, Paul F Thome, Robert S Strong 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 Arrowstreet Capital Limited Partnership, Tiger Management L.L.C., BlackRock Inc., Invesco Ltd., Lazard Asset Management LLC, Charles Schwab Investment Management Inc., Great Lakes Advisors LLC, and Prudential Financial Inc.. Company insiders that have sold SLM company stock in the last two years include Jonathan Boyles, Nicolas Jafarieh, Paul F Thome, and Steven Mcgarry. View insider buying and selling activity for SLM or view top insider-selling stocks. Which major investors are buying SLM stock? SLM stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Polaris Capital Management LLC, Wedge Capital Management L L P NC, Capital World Investors, Los Angeles Capital Management LLC, Massachusetts Financial Services Co. MA, American Century Companies Inc., and CI Investments Inc.. Company insiders that have bought SLM stock in the last two years include Mary Carter Warren Franke, and Robert S Strong. View insider buying and selling activity for SLM or or view top insider-buying stocks. 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 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 $16.10. How much money does SLM make? SLM (NASDAQ:SLM) has a market capitalization of $4.33 billion and generates $2.41 billion in revenue each year. The credit services provider earns $1.16 billion in net income (profit) each year or $2.17 on an earnings per share basis. How many employees does SLM have? SLM employs 1,450 workers across the globe. How can I contact SLM? SLM's mailing address is 300 CONTINENTAL DRIVE, NEWARK DE, 19713. The official website for SLM is www.salliemae.com. The credit services provider can be reached via phone at (302) 451-0200, via email at [email protected], or via fax at 800-848-1949. 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