SLM Corporation, through its subsidiaries, operates as a saving, planning, and paying for college company in the United States. The company originates and services private education loans to students or their families. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high yield savings accounts; omnibus accounts; and a consumer savings network that provides financial rewards on everyday purchases to help families save for college.
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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 Date10/28/2019 (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 announced a quarterly dividend on Thursday, June 20th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.03 per share on Monday, September 16th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.28%. The ex-dividend date is Thursday, September 5th. View SLM's Dividend History.
How were SLM's earnings last quarter?
SLM Corp (NASDAQ:SLM) released its quarterly earnings data on Wednesday, July, 24th. The credit services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.30 by $0.01. The credit services provider earned $396.87 million during the quarter, compared to the consensus estimate of $401.69 million. SLM had a return on equity of 20.44% and a net margin of 26.18%. During the same quarter in the prior year, the company earned $0.25 earnings per share. 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 FY 2019 earnings guidance on Wednesday, July, 24th. The company provided EPS guidance of $1.21-1.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.26.
What price target have analysts set for SLM?
6 Wall Street analysts have issued 12 month price objectives for SLM's shares. Their predictions range from $12.00 to $16.00. On average, they anticipate SLM's share price to reach $13.40 in the next twelve months. This suggests a possible upside of 42.9% 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 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.
Has SLM been receiving favorable news coverage?
News articles about SLM stock have been trending negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SLM earned a coverage optimism score of -2.9 on InfoTrie's scale. They also gave media coverage about the credit services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for SLM.
Who are some of SLM's key competitors?
What other stocks do shareholders of SLM own?
Who are SLM's key executives?
SLM's management team includes the folowing people:
- Mr. Raymond J. Quinlan, Exec. Chairman & CEO (Age 67)
- Mr. Steven J. McGarry, Exec. VP & CFO (Age 61)
- Mr. Paul F. Thome, Exec. VP & Chief Admin. Officer (Age 68)
- Mr. Nicolas Jafarieh, Sr. VP & Gen. Counsel (Age 44)
- Mr. Jeffrey F. Dale, Chief Risk Officer & Sr. VP (Age 57)
Who are SLM's major shareholders?
SLM's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.63%), BlackRock Inc. (9.62%), Barrow Hanley Mewhinney & Strauss LLC (6.83%), Barrow Hanley Mewhinney & Strauss LLC (6.83%), Vanguard Group Inc. (6.26%) and Boston Partners (4.75%). 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 major investors are selling SLM stock?
SLM stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Price T Rowe Associates Inc. MD, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Jennison Associates LLC, Jennison Associates LLC, Calamos Advisors LLC and Invesco Ltd.. Company insiders that have sold SLM company stock in the last year include Jed H Pitcher, Jonathan Boyles and Paul F Thome. View Insider Buying and Selling for SLM.
Which major investors are buying SLM stock?
SLM stock was bought by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, Nuveen Asset Management LLC, Wells Fargo & Company MN, Point72 Asset Management L.P., D. E. Shaw & Co. Inc., BNP Paribas Arbitrage SA, Boston Partners and Natixis. 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, Robinhood, Fidelity and Charles Schwab.
What is SLM's stock price today?
One share of SLM stock can currently be purchased for approximately $9.38.
How big of a company is SLM?
SLM has a market capitalization of $4.00 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.View Additional Information About SLM.
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.
