SLM Corp Company Profile (NASDAQ:SLM)


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:
  • Industry: Credit Services
  • Sub-Industry: Consumer Finance
  • Symbol: NASDAQ:SLM
  • CUSIP: 78442P10
  • Web:
  • Market Cap: $4.62 billion
  • Outstanding Shares: 431,038,000
Average Prices:
  • 50 Day Moving Avg: $11.77
  • 200 Day Moving Avg: $11.36
  • 52 Week Range: $5.56 - $13.20
  • Trailing P/E Ratio: 18.12
  • Foreward P/E Ratio: 12.03
  • P/E Growth: 0.70
Sales & Book Value:
  • Annual Revenue: $851.56 million
  • Price / Sales: 5.42
  • Book Value: $4.34 per share
  • Price / Book: 2.47
  • Net Margins: 21.84%
  • Return on Equity: 15.17%
  • Return on Assets: 1.51%
  • Debt-to-Equity Ratio: 1.22%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.28%
  • Average Volume: 3.67 million shs.
  • Beta: 1.27
  • Short Ratio: 4.69

Frequently Asked Questions for SLM Corp (NASDAQ:SLM)

What is SLM Corp's stock symbol?

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

How were SLM Corp's earnings last quarter?

SLM Corp (NASDAQ:SLM) issued its quarterly earnings results on Wednesday, April, 19th. The company reported $0.21 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.15 by $0.06. The company earned $268.08 million during the quarter, compared to the consensus estimate of $260.24 million. SLM Corp had a net margin of 21.84% and a return on equity of 15.17%. SLM Corp's revenue was up 27.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 EPS. View SLM Corp's Earnings History.

When will SLM Corp make its next earnings announcement?

SLM Corp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 18th 2017. View Earnings Estimates for SLM Corp.

What guidance has SLM Corp issued on next quarter's earnings?

SLM Corp issued an update on its FY17 earnings guidance on Wednesday, April, 19th. The company provided earnings per share (EPS) guidance of $0.70-0.72 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.69.

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

10 brokers have issued 1-year target prices for SLM Corp's shares. Their predictions range from $8.50 to $15.00. On average, they expect SLM Corp's stock price to reach $11.35 in the next year. View Analyst Ratings for SLM Corp.

What are analysts saying about SLM Corp stock?

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

  • 1. According to Zacks Investment Research, "Sallie Mae’s shares significantly outperformed the Zacks categorized Consumer Loan industry over the last six months. The company’s first-quarter 2017 earnings surpassed the Zacks Consensus Estimate, primarily driven by higher net interest income. However, elevated expenses were a headwind.  The company is focused on strengthening its Private Education Loan assets and revenues, maintaining a strong capital position and introducing multiple complementary new products. Though a competitive business environment and a stringent regulatory landscape remain near-term concerns, economic recovery and declining unemployment rate should help Sallie Mae maintain its leading position in the student lending market." (4/24/2017)
  • 2. 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)
  • 3. 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)
  • 4. 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)
  • 5. 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)

Are investors shorting SLM Corp?

SLM Corp saw a increase in short interest in May. As of May 15th, there was short interest totalling 16,954,901 shares, an increase of 16.0% from the April 28th total of 14,617,548 shares. Based on an average daily volume of 4,911,456 shares, the days-to-cover ratio is presently 3.5 days. Currently, 4.0% of the shares of the company are short sold.

Who are some of SLM Corp's key competitors?

Who owns SLM Corp stock?

SLM Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.38%), Bank of New York Mellon Corp (8.26%), Barrow Hanley Mewhinney & Strauss LLC (7.40%), FMR LLC (7.05%), Boston Partners (6.21%) and Vanguard Group Inc. (5.52%). Company insiders that own SLM Corp stock include Earl A Goode, Jeffrey Dale, Laurent Charles Lutz, Marianne M Keler, Paul F Thome, Raymond J Quinlan, Robert S Strong and Steven Mcgarry. View Institutional Ownership Trends for SLM Corp.

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 Goldman Sachs Group Inc., FMR LLC, Bank of New York Mellon Corp, Jennison Associates LLC, Barrow Hanley Mewhinney & Strauss LLC, Bank of Montreal Can, Monarch Partners Asset Management LLC and Victory Capital Management Inc.. Company insiders that have sold SLM Corp stock in the last year include Laurent Charles Lutz and Paul F Thome. View Insider Buying and Selling for SLM Corp.

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

SLM Corp's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Boston Partners, AQR Capital Management LLC, JPMorgan Chase & Co., Vanguard Group Inc., Public Employees Retirement System of Ohio and Ameriprise Financial Inc.. 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. View Insider Buying and Selling for SLM Corp.

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.

What is SLM Corp's stock price today?

One share of SLM Corp stock can currently be purchased for approximately $10.71.

MarketBeat Community Rating for SLM Corp (NASDAQ SLM)
Community Ranking:  3.5 out of 5 (   )
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  93 (Vote Underperform)
Total Votes:  306
MarketBeat's community ratings are surveys of what our community members think about SLM Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for SLM Corp (NASDAQ:SLM) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 7 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $11.35 (5.98% upside)

Analysts' Ratings History for SLM Corp (NASDAQ:SLM)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Off Wall StreetReiterated RatingSell$8.50LowView Rating Details
4/22/2017FBR & CoSet Price TargetBuy$14.00LowView Rating Details
4/21/2017Keefe, Bruyette & WoodsReiterated RatingBuy$15.00LowView Rating Details
4/11/2017BMO Capital MarketsReiterated RatingHold$10.00MediumView Rating Details
1/30/2017WedbushInitiated CoverageOutperform$13.00N/AView Rating Details
1/19/2017Jefferies Group LLCReiterated RatingBuy$12.50N/AView Rating Details
1/8/2017Barclays PLCSet Price TargetBuy$14.00N/AView Rating Details
8/11/2016Goldman Sachs Group IncUpgradeBuy -> Conviction-BuyN/AView Rating Details
7/21/2016Compass PointBoost Price TargetBuy$8.50 -> $9.00N/AView Rating Details
7/14/2016Citigroup IncInitiated CoverageBuy -> Buy$8.50 -> $8.50N/AView Rating Details
5/14/2016Credit Suisse Group AGReiterated RatingBuyN/AView Rating Details
3/21/2016DA DavidsonInitiated CoverageBuy$9.00N/AView Rating Details
11/30/2015JPMorgan Chase & Co.Initiated CoverageOverweight$10.00N/AView Rating Details
(Data available from 5/30/2015 forward)


Earnings History for SLM Corp (NASDAQ:SLM)
Earnings by Quarter for SLM Corp (NASDAQ:SLM)
Earnings History by Quarter for SLM Corp (NASDAQ SLM)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/19/2017Q1 2017$0.15$0.21$260.24 million$268.08 millionViewN/AView Earnings Details
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$194.00 million$209.86 millionViewListenView Earnings Details
1/20/2016Q415$0.18$0.20$194.70 million$187.85 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$169.00 million$168.26 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$154.00 million$150.68 millionViewN/AView Earnings Details
10/22/2014Q314($0.28)$0.17$146.50 million$144.03 millionViewN/AView Earnings Details
7/23/2014Q214$0.10$0.10$138.83 millionViewN/AView Earnings Details
4/16/2014Q114$0.55$0.51$852.50 million$936.00 millionViewN/AView Earnings Details
1/16/2014Q413$0.70$0.61$931.50 million$864.00 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)


Earnings Estimates for SLM Corp (NASDAQ:SLM)
Current Year EPS Consensus Estimate: $0.73 EPS
Next Year EPS Consensus Estimate: $0.89 EPS


Dividend History by Quarter for SLM Corp (NASDAQ SLM)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for SLM Corp (NASDAQ:SLM)
Insider Ownership Percentage: 0.98%
Institutional Ownership Percentage: 98.02%
Insider Trades by Quarter for SLM Corp (NASDAQ:SLM)
Institutional Ownership by Quarter for SLM Corp (NASDAQ:SLM)
Insider Trades by Quarter for SLM Corp (NASDAQ:SLM)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/24/2017Laurent Charles LutzEVPSell170,000$13.08$2,223,600.00View SEC Filing  
3/7/2017Paul F ThomeEVPSell19,193$11.77$225,901.61View SEC Filing  
3/1/2017Paul F ThomeEVPSell9,100$12.37$112,567.00View SEC Filing  
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)


Headline Trends for SLM Corp (NASDAQ:SLM)
Latest Headlines for SLM Corp (NASDAQ:SLM)
DateHeadline logoSLM Corp (SLM) Earns Sell Rating from Off Wall Street - May 28 at 11:58 PM logoSLM Corp (SLM) Expected to Announce Quarterly Sales of $263.38 Million - May 28 at 7:48 AM logoSLM Corp (SLM) Expected to Post Earnings of $0.16 Per Share - May 26 at 10:14 PM logoSLM Corp (SLM) Sees Large Increase in Short Interest - May 26 at 7:40 AM logoSLM Corporation (SLM) Presents At Barclays Americas Select Franchise Conference - Slideshow - May 25 at 2:31 AM logoWhy Is SLM Corp (SLM) Down 16.5% Since the Last Earnings Report? - May 23 at 7:14 PM logoSallie Mae to Offer Same Competitive Fixed Interest Rates for Private Student Loans Next Year - May 23 at 7:14 PM logoSallie Mae May Face Increasing Competition As Market Looks Bright - May 22 at 8:57 AM logoSLM Corp (SLM) Given Average Recommendation of "Buy" by Brokerages - May 19 at 5:08 PM logoAnalysts See 10% Upside For The Holdings of PXMV - May 19 at 9:58 AM logoSallie Mae Chief Financial Officer to Present at Deutsche Bank Global Financial Services Conference on May 31 - May 18 at 1:06 PM logoSallie Mae Wins Multiple Hermes Creative Awards - May 17 at 7:48 PM logoStudent Loans Just Got More Expensive - May 11 at 1:12 AM logoSallie Mae Wins ‘Best in Finance’ Shorty Award for Apple Watch App - May 9 at 7:23 PM logoSallie Mae and Chegg Partner on New Student Loan Benefit to Support Student Success - May 9 at 10:28 AM logoSLM Corp. breached its 50 day moving average in a Bearish Manner : SLM-US : May 8, 2017 - May 8 at 11:19 AM logoSLM Corp (SLM) Expected to Post Quarterly Sales of $266.85 Million - May 5 at 3:30 PM logoSLM Corp (SLM) Research Coverage Started at Off Wall Street - May 5 at 12:34 PM logoFavorable News Coverage Somewhat Likely to Impact SLM Corp (SLM) Share Price - May 4 at 2:52 PM logoSLM Corp (SLM) Upgraded by TheStreet to "B-" - May 3 at 5:36 PM logoSallie Mae Chairman and CEO to Present at Barclays Americas Select Franchise Conference on May 16 - May 2 at 5:42 PM logoSallie Mae Adds New Features to Award-Winning Mobile App - May 1 at 7:05 PM logoPositive Media Coverage Likely to Affect SLM Corp (SLM) Share Price - May 1 at 5:08 PM logoSomewhat Positive News Coverage Likely to Affect SLM Corp (SLM) Stock Price - April 28 at 5:16 PM logoSLM Corp (SLM) Stock Rating Upgraded by Zacks Investment Research - April 28 at 10:41 AM logoSallie Mae Declares Preferred Stock Series B Dividend - April 27 at 8:24 PM logoETFs with exposure to SLM Corp. : April 26, 2017 - April 26 at 3:46 PM logoSLM Corp (SLM) EVP Laurent Charles Lutz Sells 170,000 Shares - April 26 at 2:52 PM logoSLM Corp (SLM) Earning Somewhat Positive Press Coverage, AlphaOne Reports - April 25 at 7:08 PM logoSLM Corp. :SLM-US: Earnings Analysis: Q1, 2017 By the Numbers : April 25, 2017 - April 25 at 6:53 PM logoSallie Mae Chief Financial Officer to Present at D.A. Davidson Financial Institutions Conference on May 10 - April 25 at 6:53 PM logoSLM Corp (SLM) Receives Consensus Recommendation of "Buy" from Brokerages - April 24 at 6:22 PM logoSLM Said to Tap Lazard to Study Options After GE Failed Bid - April 24 at 6:18 PM logoSallie Mae Honored for Excellence in Media Relations - April 24 at 6:18 PM logoSLM Corp (SLM) Upgraded to Buy by Zacks Investment Research - April 24 at 4:04 PM logoSLM Corp (SLM) PT Set at $14.00 by FBR & Co - April 23 at 11:14 PM logoSLM Corporation 2017 Q1 - Results - Earnings Call Slides - April 22 at 11:39 AM logoSLM Corp's (SLM) Buy Rating Reaffirmed at Keefe, Bruyette & Woods - April 21 at 10:14 PM logoSLM Corp (SLM) Receiving Somewhat Favorable Press Coverage, Analysis Shows - April 21 at 8:16 PM logoEdited Transcript of SLM earnings conference call or presentation 20-Apr-17 12:00pm GMT - April 21 at 7:39 PM logoSLM Corp. breached its 50 day moving average in a Bullish Manner : SLM-US : April 21, 2017 - April 21 at 7:39 PM logoSallie Mae Announces Winners of the 'Make College Happen Challenge' - April 21 at 7:39 PM logoSLM Corp.: Strong price momentum but will it sustain? - April 21 at 7:39 PM logoSallie Mae (SLM) Q1 Earnings Beat Despite Higher Costs - April 20 at 7:57 PM
News IconBRIEF-Sallie Mae Q1 gaap earnings per share $0.20 - April 20 at 8:09 AM logoSLM Corp (SLM) Posts Earnings Results, Beats Expectations By $0.06 EPS - April 19 at 9:04 PM logoSallie Mae Reports First-Quarter 2017 Financial Results - April 19 at 7:51 PM logoAfter-Hours Stock Movers 04/19: (SCSS) (SLM) (CSX) Higher; (PLXS) (WR) (EBAY) Lower (more...) - April 19 at 7:51 PM logoSLM Corp (SLM) Releases FY17 Earnings Guidance - April 19 at 5:22 PM logoSallie Mae beats Street 1Q forecasts - April 19 at 5:14 PM



SLM Corp (SLM) Chart for Tuesday, May, 30, 2017

This page was last updated on 5/30/2017 by Staff