NASDAQ:SLM - SLM Stock Price, News, & Analysis

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

SLM Corp (NASDAQ:SLM) announced its earnings results on Monday, October, 22nd. The credit services provider reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.01. The credit services provider earned $356.63 million during the quarter, compared to analysts' expectations of $350.10 million. SLM had a net margin of 22.81% and a return on equity of 18.84%. During the same period in the previous year, the firm earned $0.17 EPS. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Wednesday, January 16th 2019. View Earnings Estimates for SLM.

SLM updated its FY18 earnings guidance on Monday, October, 22nd. The company provided earnings per share (EPS) guidance of $1.02-1.03 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.02. SLM also updated its FY 2018 guidance to $1.02-1.03 EPS.

10 equities research analysts have issued 12 month price objectives for SLM's stock. Their predictions range from $13.00 to $17.00. On average, they anticipate SLM's share price to reach $14.5250 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price. View Analyst Price Targets for SLM.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

News coverage about SLM stock has trended very negative recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SLM earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

SLM saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 30,378,333 shares, an increase of 6.1% from the October 15th total of 28,632,804 shares. Based on an average daily volume of 3,355,832 shares, the days-to-cover ratio is currently 9.1 days. Currently, 7.0% of the company's stock are short sold. View SLM's Current Options Chain.

Some companies that are related to SLM include Credit Acceptance (CACC), Santander Consumer USA (SC), OneMain (OMF), Nelnet (NNI), PROVIDENT Finl/S (FPLPY), World Acceptance (WRLD), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL), IEG (IEGH) and IEG (IEGH).

SLM's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.51%), ValueAct Holdings L.P. (8.99%), FMR LLC (6.49%), Jennison Associates LLC (3.77%), Bank of New York Mellon Corp (3.54%) and Wells Fargo & Company MN (1.67%). Company insiders that own SLM stock include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, Laurent Charles Lutz, Nicolas Jafarieh, Paul F Thome, Raymond J Quinlan and Steven Mcgarry. View Institutional Ownership Trends for SLM.

SLM stock was sold by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Jennison Associates LLC, Victory Capital Management Inc., BlackRock Inc., Channing Capital Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC and Franklin Resources Inc.. Company insiders that have sold SLM company stock in the last year include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, Laurent Charles Lutz, Nicolas Jafarieh, Paul F Thome, Raymond J Quinlan and Steven Mcgarry. View Insider Buying and Selling for SLM.

SLM stock was purchased by a variety of institutional investors in the last quarter, including Sterling Capital Management LLC, CI Investments Inc., ValueAct Holdings L.P., Russell Investments Group Ltd., Prudential Financial Inc., Canada Pension Plan Investment Board, Point72 Asset Management L.P. and Westpac Banking Corp. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of SLM stock can currently be purchased for approximately $10.69.

SLM has a market capitalization of $4.55 billion and generates $1.43 billion in revenue each year. The credit services provider earns $288.93 million in net income (profit) each year or $0.71 on an earnings per share basis. SLM employs 1,500 workers across the globe.

The official website for SLM is http://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]