NASDAQ:SLMSLM Stock Price, Forecast & News

SLM's stock was trading at $8.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLM shares have decreased by 21.8% and is now trading at $7.00.
View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for SLM.

SLM is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for SLM.

SLM Corp (NASDAQ:SLM) posted its quarterly earnings data on Wednesday, July, 22nd. The credit services provider reported ($0.22) EPS for the quarter, missing the consensus estimate of $0.06 by $0.28. The credit services provider had revenue of $348.78 million for the quarter, compared to analyst estimates of $351.93 million. SLM had a net margin of 21.15% and a return on equity of 23.16%.
View SLM's earnings history.

SLM declared a quarterly dividend on Thursday, June 18th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.03 per share on Tuesday, September 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Thursday, September 3rd.
View SLM's dividend history.

6 brokers have issued 1-year price objectives for SLM's stock. Their forecasts range from $7.50 to $14.00. On average, they expect SLM's stock price to reach $11.10 in the next twelve months. This suggests a possible upside of 58.6% from the stock's current price.
View analysts' price targets for SLM.

News articles about SLM stock have trended very positive recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. SLM earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave headlines about the credit services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about SLM.

SLM saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 38,380,000 shares, a decrease of 7.6% from the June 15th total of 41,530,000 shares. Based on an average daily trading volume, of 4,750,000 shares, the short-interest ratio is presently 8.1 days. Currently, 10.3% of the shares of the company are sold short.
View SLM's Short Interest.

Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), Green Dot (GDOT), FirstCash (FCFS), Nelnet (NNI), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI).
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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 Express (EXPR).

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

SLM's stock is owned by a number of institutional and retail investors. Top institutional investors include Wedge Capital Management L L P NC (1.71%), Jennison Associates LLC (1.62%), Victory Capital Management Inc. (1.52%), Russell Investments Group Ltd. (0.58%), Hahn Capital Management LLC (0.53%) and Calamos Advisors LLC (0.33%). Company insiders that own SLM stock include Earl A Goode, Jed H Pitcher, Jonathan Boyles and Paul F Thome.
View institutional ownership trends for SLM.

SLM stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, First Trust Advisors LP, Mackay Shields LLC, Principal Financial Group Inc., New York State Common Retirement Fund, New York State Teachers Retirement System, State Board of Administration of Florida Retirement System, and Texas Permanent School Fund.
View insider buying and selling activity for SLM.

SLM stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Wedge Capital Management L L P NC, Calamos Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Russell Investments Group Ltd., Hahn Capital Management LLC, Assenagon Asset Management S.A., and Jennison Associates LLC.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of SLM stock can currently be purchased for approximately $7.00.

SLM has a market capitalization of $2.63 billion and generates $2.38 billion in revenue each year. The credit services provider earns $578.28 million in net income (profit) each year or $1.27 on an earnings per share basis. SLM employs 1,900 workers across the globe.

The official website for SLM is www.salliemae.com.

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]