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S&P 500   3,970.99
DOW   32,237.53
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MarketBeat Week in Review – 3/20 - 3/24
Fed's Shocking New Plan to Control Your Money (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Fed's Shocking New Plan to Control Your Money (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Fed's Shocking New Plan to Control Your Money (Ad)
Germany, EU reach agreement in combustion engine row
Bank failures and rescue test Yellen's decades of experience
Modern Day Options Trading For Beginners! (Ad)pixel
Intel co-founder, philanthropist Gordon Moore dies at 94
'What can we do?': Millions in African countries need power
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Judge rules online archive's book service violated copyright
Renamed Horseshoe to host Poker World Series on Vegas Strip
NASDAQ:SLM

SLM - SLM Stock Forecast, Price & News

$11.27
-0.16 (-1.40%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$10.81
$11.32
50-Day Range
$11.27
$17.79
52-Week Range
$10.81
$20.17
Volume
5.89 million shs
Average Volume
2.86 million shs
Market Capitalization
$2.72 billion
P/E Ratio
6.63
Dividend Yield
3.90%
Price Target
$17.92

SLM MarketRank™ Forecast

Analyst Rating
Hold
2.22 Rating Score
Upside/​Downside
59.0% Upside
$17.92 Price Target
Short Interest
Healthy
2.33% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.15
Upright™ Environmental Score
News Sentiment
0.57mentions of SLM in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.35%
From $2.46 to $2.69 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.39 out of 5 stars

Finance Sector

31st out of 883 stocks

Personal Credit Institutions Industry

2nd out of 13 stocks


SLM stock logo

About SLM (NASDAQ:SLM) Stock

SLM Corp. engages in the provision 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.

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SLM Stock News Headlines

The gold catalyst we’ve waited for
If you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK.
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
Sallie Mae (SLM) Reports Q4 Loss, Tops Revenue Estimates
Minister calls for ban on charcoal export
See More Headlines
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SLM Company Calendar

Last Earnings
2/02/2023
Ex-Dividend for 3/15 Dividend
3/02/2023
Dividend Payable
3/15/2023
Today
3/25/2023
Next Earnings (Estimated)
4/26/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
Current Symbol
NASDAQ:SLM
CUSIP
78442P10
Employees
1,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$17.92
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$14.00
Forecasted Upside/Downside
+59.0%
Consensus Rating
Hold
Rating Score (0-4)
2.22
Research Coverage
9 Analysts

Profitability

Net Income
$469.01 million
Pretax Margin
26.66%

Debt

Sales & Book Value

Annual Sales
$2.37 billion
Cash Flow
$1.97 per share
Book Value
$5.90 per share

Miscellaneous

Free Float
239,452,000
Market Cap
$2.72 billion
Optionable
Optionable
Beta
1.22

Key Executives

  • Jonathan W. Witter
    Chief Executive Officer & Director
  • Kerri A. Palmer
    Chief Operating Officer & Executive Vice President
  • Steven J. McGarrySteven J. McGarry
    Chief Financial Officer & Executive Vice President
  • Donna F. Vieira
    Chief Commercial Officer & Executive VP
  • William Wolf
    Chief People Officer & Executive Vice President













SLM Stock - Frequently Asked Questions

Should I buy or sell SLM stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SLM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLM, but not buy additional shares or sell existing shares.
View SLM analyst ratings
or view top-rated stocks.

What is SLM's stock price forecast for 2023?

9 Wall Street analysts have issued 1 year price targets for SLM's shares. Their SLM share price forecasts range from $14.00 to $21.00. On average, they expect the company's stock price to reach $17.92 in the next year. This suggests a possible upside of 59.0% from the stock's current price.
View analysts price targets for SLM
or view top-rated stocks among Wall Street analysts.

How have SLM shares performed in 2023?

SLM's stock was trading at $16.60 at the beginning of the year. Since then, SLM stock has decreased by 32.1% and is now trading at $11.27.
View the best growth stocks for 2023 here
.

When is SLM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our SLM earnings forecast
.

How were SLM's earnings last quarter?

SLM Co. (NASDAQ:SLM) issued its quarterly earnings results on Thursday, February, 2nd. The credit services provider reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by $0.79. The credit services provider had revenue of $542.96 million for the quarter, compared to analyst estimates of $358.11 million. SLM had a trailing twelve-month return on equity of 27.83% and a net margin of 19.82%. During the same quarter in the previous year, the company earned $1.05 earnings per share.

How often does SLM pay dividends? What is the dividend yield for SLM?

SLM announced a quarterly dividend on Tuesday, January 24th. Shareholders of record on Friday, March 3rd will be paid a dividend of $0.11 per share on Wednesday, March 15th. This represents a $0.44 annualized dividend and a yield of 3.90%. The ex-dividend date is Thursday, March 2nd.
Read our dividend analysis for SLM
.

Is SLM a good dividend stock?

SLM (NASDAQ:SLM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 3.67%. The dividend payout ratio is 25.88%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 16.36% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLM.

How will SLM's stock buyback program work?

SLM declared that its board has authorized a stock buyback program on Wednesday, January 26th 2022, which authorizes the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 24.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

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

SLM issued an update on its FY23 earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of $2.50-2.70 for the period, compared to the consensus EPS estimate of $2.64.

What is Jonathan Witter's approval rating as SLM's CEO?

12 employees have rated SLM Chief Executive Officer Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among the company's employees.

What other stocks do shareholders of SLM own?
What is SLM's stock symbol?

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

Who are SLM's major shareholders?

SLM's stock is owned by a variety of retail and institutional investors. Top institutional investors include Boston Partners (4.80%), Dimensional Fund Advisors LP (2.25%), Victory Capital Management Inc. (2.17%), Victory Capital Management Inc. (2.17%), Victory Capital Management Inc. (2.25%) and Geode Capital Management LLC (1.68%). Insiders that own company stock include Jonathan Boyles, Mary Carter Warren Franke, Nicolas Jafarieh, Paul F Thome, Robert S Strong and Steven Mcgarry.
View institutional ownership trends
.

How do I buy shares of SLM?

Shares of SLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SLM's stock price today?

One share of SLM stock can currently be purchased for approximately $11.27.

How much money does SLM make?

SLM (NASDAQ:SLM) has a market capitalization of $2.72 billion and generates $2.37 billion in revenue each year. The credit services provider earns $469.01 million in net income (profit) each year or $1.70 on an earnings per share basis.

How many employees does SLM have?

The company employs 1,700 workers across the globe.

How can I contact SLM?

SLM's mailing address is 300 CONTINENTAL DRIVE, NEWARK DE, 19713. The official website for the company is www.salliemae.com. The credit services provider can be reached via phone at (302) 451-0200, via email at brian.cronin@salliemae.com, or via fax at 800-848-1949.

This page (NASDAQ:SLM) was last updated on 3/25/2023 by MarketBeat.com Staff