SLM Corp. engages in the origination, servicing, and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.
Industry, Sector and Symbol
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Phone302-451-0200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.88 billion
Profitability
Miscellaneous
Employees1,700
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable
SLM (NASDAQ:SLM) Frequently Asked Questions
What is SLM's stock symbol?
SLM trades on the NASDAQ under the ticker symbol "SLM."
How often does SLM pay dividends? What is the dividend yield for SLM?
SLM declared a quarterly dividend on Wednesday, January 23rd. Stockholders of record on Tuesday, March 5th will be given a dividend of $0.03 per share on Friday, March 15th. This represents a $0.12 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Monday, March 4th. View SLM's Dividend History.
How were SLM's earnings last quarter?
SLM Corp (NASDAQ:SLM) released its earnings results on Wednesday, January, 23rd. The credit services provider reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.27 by $0.04. The credit services provider had revenue of $382.87 million for the quarter, compared to analysts' expectations of $367.40 million. SLM had a net margin of 26.07% and a return on equity of 20.05%. The firm's quarterly revenue was up 23.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.19 EPS. View SLM's Earnings History.
When is SLM's next earnings date?
What guidance has SLM issued on next quarter's earnings?
SLM issued an update on its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share guidance of $1.22-1.26 for the period, compared to the Thomson Reuters consensus estimate of $1.21. SLM also updated its FY 2019 guidance to $1.22-1.26 EPS.
What price target have analysts set for SLM?
6 equities research analysts have issued twelve-month price targets for SLM's shares. Their predictions range from $13.00 to $15.00. On average, they anticipate SLM's stock price to reach $13.7083 in the next year. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Price Targets for SLM.
What is the consensus analysts' recommendation for SLM?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.
Has SLM been receiving favorable news coverage?
Headlines about SLM stock have been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. SLM earned a daily sentiment score of 2.2 on InfoTrie's scale. They also gave media coverage about the credit services provider a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.
Are investors shorting SLM?
SLM saw a decrease in short interest in February. As of February 28th, there was short interest totalling 25,344,682 shares, a decrease of 7.9% from the February 15th total of 27,526,633 shares. Based on an average daily volume of 2,432,026 shares, the short-interest ratio is currently 10.4 days. Currently, 5.9% of the company's shares are short sold. View SLM's Current Options Chain.
Who are some of SLM's key competitors?
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) and IEG (IEGH).
What other stocks do shareholders of SLM own?
Who are SLM's key executives?
SLM's management team includes the folowing people:
- Raymond J. Quinlan, Executive Chairman & Chief Executive Officer
- Steven J. McGarry, Chief Financial Officer & Executive Vice President
- Paul F. Thome, Chief Administration Officer & Executive VP
- Donna Vieira, Chief Marketing Officer & Executive Vice President
- Nicolas Jafarieh, Senior Vice President & General Counsel
Who are SLM's major shareholders?
SLM's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.93%), Barrow Hanley Mewhinney & Strauss LLC (7.19%), FMR LLC (6.79%), Boston Partners (4.61%), Bank of New York Mellon Corp (3.72%) and Jennison Associates LLC (3.56%). 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.
Which institutional investors are selling SLM stock?
SLM stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Barrow Hanley Mewhinney & Strauss LLC, Jennison Associates LLC, Selz Capital LLC, Victory Capital Management Inc., Channing Capital Management LLC, Robeco Institutional Asset Management B.V. and Canada Pension Plan Investment Board. Company insiders that have sold SLM company stock in the last year include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jonathan Boyles, Nicolas Jafarieh, Paul F Thome and Steven Mcgarry. View Insider Buying and Selling for SLM.
Which institutional investors are buying SLM stock?
SLM stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Bayview Asset Management LLC, CI Investments Inc., BlackRock Inc., Portolan Capital Management LLC, Hsbc Holdings PLC, FMR LLC and Oregon Public Employees Retirement Fund. View Insider Buying and Selling for SLM.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SLM's stock price today?
One share of SLM stock can currently be purchased for approximately $9.97.
How big of a company is SLM?
SLM has a market capitalization of $4.35 billion and generates $1.88 billion in revenue each year. The credit services provider earns $487.48 million in net income (profit) each year or $1.07 on an earnings per share basis. SLM employs 1,700 workers across the globe.
What is SLM's official website?
How can I contact SLM?
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]
MarketBeat Community Rating for SLM (NASDAQ SLM)
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.
