Log in
NASDAQ:SLM

SLM Stock Forecast, Price & News

$11.50
+0.05 (+0.44 %)
(As of 12/4/2020 12:00 AM ET)
Add
Compare
Today's Range
$11.28
Now: $11.50
$11.56
50-Day Range
$9.19
MA: $10.21
$11.45
52-Week Range
$5.60
Now: $11.50
$12.32
Volume2.29 million shs
Average Volume4.70 million shs
Market Capitalization$4.32 billion
P/E Ratio9.20
Dividend Yield1.05%
Beta1.33
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. 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. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
SLM logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.3Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.77 out of 5 stars


Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:SLM
CUSIP78442P10
Phone302-451-0200
Employees1,900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.38 billion
Cash Flow$1.76 per share
Book Value$6.90 per share

Profitability

Net Income$578.28 million

Miscellaneous

Market Cap$4.32 billion
Next Earnings Date1/27/2021 (Estimated)
OptionableOptionable
$11.50
+0.05 (+0.44 %)
(As of 12/4/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive SLM News and Ratings via Email

Sign-up to receive the latest news and ratings for SLM and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











SLM (NASDAQ:SLM) Frequently Asked Questions

How has SLM's stock price been impacted by COVID-19?

SLM's stock was trading at $8.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SLM stock has increased by 28.5% and is now trading at $11.50.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of SLM?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for SLM
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than SLM?

Wall Street analysts have given SLM a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SLM wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is SLM's next earnings date?

SLM is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for SLM
.

How were SLM's earnings last quarter?

SLM Co. (NASDAQ:SLM) issued its quarterly earnings data on Wednesday, October, 21st. The credit services provider reported $0.47 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.33. The credit services provider earned $364.57 million during the quarter, compared to the consensus estimate of $359.42 million. SLM had a return on equity of 23.16% and a net margin of 21.15%. During the same quarter in the previous year, the company posted $0.29 EPS.
View SLM's earnings history
.

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

SLM declared a quarterly dividend on Thursday, November 19th. Shareholders of record on Friday, December 4th will be given a dividend of $0.03 per share on Tuesday, December 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, December 3rd.
View SLM's dividend history
.

What price target have analysts set for SLM?

6 brokerages have issued 12-month price targets for SLM's shares. Their forecasts range from $9.00 to $14.00. On average, they anticipate SLM's share price to reach $11.40 in the next year. This suggests that the stock has a possible downside of 0.9%.
View analysts' price targets for SLM
.

Are investors shorting SLM?

SLM saw a drop in short interest in November. As of November 15th, there was short interest totaling 8,510,000 shares, a drop of 31.7% from the October 31st total of 12,460,000 shares. Based on an average trading volume of 4,240,000 shares, the short-interest ratio is currently 2.0 days. Currently, 2.3% of the company's shares are sold short.
View SLM's Short Interest
.

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 following people:
  • Mr. Steven J. McGarry, Exec. VP & CFO (Age 62, Pay $1.28M)
  • Mr. Paul F. Thome CPA, Exec. VP & Chief Admin. Officer (Age 69, Pay $1.04M)
  • Mr. Nicolas Jafarieh, Sr. VP & Chief Legal, Gov. Affairs & Communications Officer (Age 45, Pay $856.3k)
  • Ms. Donna F. Vieira, Exec. VP & Chief Commercial Officer (Age 55, Pay $1.67M)
  • Mr. Jonathan W. Witter, CEO & Director (Age 50)
  • Mr. Daniel P. Kennedy, Sr. VP & COO (Age 53)
  • Mr. Brian Cronin, VP & Head of Investor Relations
  • Mr. Jim Truitt, Chief Compliance Officer and Sr. VP
  • Ms. Martha Holler, Sr. VP of Corp. Marketing & Communications
  • Mr. Tim Morrison, Sr. VP of Gov. Relations

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 number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.27%), CI Investments Inc. (5.22%), Boston Partners (4.26%), Massachusetts Financial Services Co. MA (2.69%), State Street Corp (2.38%) and HG Vora Capital Management LLC (1.73%). Company insiders that own SLM stock include Earl A Goode, Jed H Pitcher, Jonathan Boyles and Paul F Thome.
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 Wedge Capital Management L L P NC, BlackRock Inc., Public Employees Retirement System of Ohio, CI Investments Inc., Charles Schwab Investment Management Inc., Cubist Systematic Strategies LLC, Jennison Associates LLC, and Hahn Capital Management LLC. Company insiders that have sold SLM company stock in the last year include Earl A Goode, and Paul F Thome.
View insider buying and selling activity for SLM
.

Which major investors are buying SLM stock?

SLM stock was acquired by a variety of institutional investors in the last quarter, including HG Vora Capital Management LLC, UBS Asset Management Americas Inc., JPMorgan Chase & Co., Massachusetts Financial Services Co. MA, Arrowstreet Capital Limited Partnership, AQR Capital Management LLC, Teachers Retirement System of The State of Kentucky, and Mackay Shields LLC.
View insider buying and selling activity 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 $11.50.

How big of a company is SLM?

SLM has a market capitalization of $4.32 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 1,900 workers across the globe.

What is SLM's official website?

The official website for SLM is www.salliemae.com.

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]

This page was last updated on 12/5/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.