NASDAQ:SLM - SLM Stock Price, Forecast & News

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

SLM declared a quarterly dividend on Thursday, January 30th. Shareholders of record on Friday, March 6th will be paid a dividend of $0.03 per share on Monday, March 16th. This represents a $0.12 annualized dividend and a yield of 1.16%. The ex-dividend date of this dividend is Thursday, March 5th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) announced its earnings results on Wednesday, January, 22nd. The credit services provider reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. The credit services provider had revenue of $419.10 million for the quarter, compared to the consensus estimate of $411.71 million. SLM had a net margin of 24.30% and a return on equity of 20.27%. During the same quarter in the previous year, the company earned $0.31 EPS. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for SLM.

SLM issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, January, 22nd. The company provided EPS guidance of 1.85-1.91 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.32.

6 analysts have issued 1 year target prices for SLM's shares. Their forecasts range from $12.00 to $16.00. On average, they expect SLM's stock price to reach $13.90 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for SLM.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

Media stories about SLM stock have trended negative recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing 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 news sentiment score of -2.8 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for SLM.

SLM saw a decline in short interest in February. As of February 14th, there was short interest totalling 8,890,000 shares, a decline of 24.9% from the January 30th total of 11,830,000 shares. Based on an average daily volume of 4,170,000 shares, the short-interest ratio is currently 2.1 days. Approximately 2.1% of the shares of the company are sold short. View SLM's Current Options Chain.

Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), FirstCash (FCFS), Nelnet (NNI), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW), Nicholas Financial (NICK) and Asta Funding (ASFI).

Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Gran Tierra Energy (GTE) and Express (EXPR).

SLM's stock is owned by a number of of retail and institutional investors. Top institutional investors include CI Investments Inc. (5.19%), FMR LLC (4.99%), Boston Partners (4.66%), Barrow Hanley Mewhinney & Strauss LLC (2.68%), Fir Tree Capital Management LP (2.51%) and State Street Corp (2.47%). Company insiders that own SLM stock include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, Nicolas Jafarieh, Paul F Thome and Steven Mcgarry. View Institutional Ownership Trends for SLM.

SLM stock was sold by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Goldman Sachs Group Inc., Thrivent Financial for Lutherans, Victory Capital Management Inc., FMR LLC, Mackay Shields LLC, Renaissance Technologies LLC and Jennison Associates LLC. Company insiders that have sold SLM company stock in the last year include Earl A Goode, Jed H Pitcher and Jonathan Boyles. View Insider Buying and Selling for SLM.

SLM stock was acquired by a variety of institutional investors in the last quarter, including Fir Tree Capital Management LP, Massachusetts Financial Services Co. MA, Boston Partners, CI Investments Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Maverick Capital Ltd. and Hotchkis & Wiley Capital Management LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of SLM stock can currently be purchased for approximately $10.36.

SLM has a market capitalization of $4.37 billion and generates $2.38 billion in revenue each year. The credit services provider earns $578.28 million in net income (profit) each year or $1.27 on an earnings per share basis. SLM employs 1,700 workers across the globe.View Additional Information About SLM.

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]