S&P 500   4,471.37
DOW   35,294.76
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S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
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S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
pixel
S&P 500   4,471.37
DOW   35,294.76
QQQ   368.94
pixel
pixel
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NASDAQ:SLM

SLM Stock Forecast, Price & News

$17.42
-0.12 (-0.68 %)
(As of 10/15/2021 04:00 PM ET)
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Today's Range
$17.40
$17.85
50-Day Range
$17.10
$18.99
52-Week Range
$8.90
$21.40
Volume1.34 million shs
Average Volume4.18 million shs
Market Capitalization$5.33 billion
P/E Ratio4.62
Dividend Yield0.68%
Beta1.38
30 days | 90 days | 365 days | Advanced Chart
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SLM logo

About SLM

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.

Headlines

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Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
Current Symbol
NASDAQ:SLM
CUSIP
78442P10
Employees
1,600
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.35 billion
Cash Flow
$2.44 per share
Book Value
$6.16 per share

Profitability

Net Income
$880.69 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$5.33 billion
Next Earnings Date
10/20/2021 (Confirmed)
Optionable
Optionable

MarketRank

Overall MarketRank

2.72 out of 5 stars

Finance Sector

104th out of 1,333 stocks

Personal Credit Institutions Industry

4th out of 13 stocks

Analyst Opinion: 3.4Community Rank: 4.8Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












SLM (NASDAQ:SLM) Frequently Asked Questions

Is SLM a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SLM stock.
View analyst ratings for SLM
or view top-rated stocks.

What stocks does MarketBeat like better than SLM?

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

Are investors shorting SLM?

SLM saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 4,860,000 shares, a decrease of 32.7% from the August 15th total of 7,220,000 shares. Based on an average daily trading volume, of 2,770,000 shares, the short-interest ratio is currently 1.8 days. Currently, 1.6% of the shares of the stock are sold short.
View SLM's Short Interest
.

When is SLM's next earnings date?

SLM is scheduled to release its next quarterly earnings announcement on Wednesday, October 20th 2021.
View our earnings forecast for SLM
.

How can I listen to SLM's earnings call?

SLM will be holding an earnings conference call on Thursday, October 21st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were SLM's earnings last quarter?

SLM Co. (NASDAQ:SLM) announced its earnings results on Tuesday, July, 20th. The credit services provider reported $0.45 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.08. The credit services provider had revenue of $338.78 million for the quarter, compared to analysts' expectations of $332.33 million. SLM had a net margin of 59.99% and a trailing twelve-month return on equity of 66.37%. The company's revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.22) EPS.
View SLM's earnings history
.

How has SLM's stock price been impacted by Coronavirus?

SLM's stock was trading at $8.95 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SLM stock has increased by 94.6% and is now trading at $17.42.
View which stocks have been most impacted by COVID-19
.

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

SLM declared a quarterly dividend on Thursday, July 29th. Shareholders of record on Friday, September 3rd will be given a dividend of $0.03 per share on Wednesday, September 15th. This represents a $0.12 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, September 2nd.
View SLM's dividend history
.

Is SLM a good dividend stock?

SLM pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.68%. SLM does not yet have a strong track record of dividend growth. The dividend payout ratio of SLM is 5.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 4.38% next year. This indicates that SLM will be able to sustain or increase its dividend.
View SLM's dividend history.

How will SLM's stock buyback program work?

SLM announced that its board has authorized a stock repurchase plan on Wednesday, January 27th 2021, which permits the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 23.9% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company's management believes its shares are undervalued.

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

SLM issued an update on its FY 2021 earnings guidance on Wednesday, August, 4th. The company provided earnings per share guidance of $3.150-$3.250 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.100. The company issued revenue guidance of -.

What price target have analysts set for SLM?

5 Wall Street analysts have issued 12-month price targets for SLM's stock. Their forecasts range from $20.00 to $28.00. On average, they expect SLM's share price to reach $23.17 in the next year. This suggests a possible upside of 33.0% from the stock's current price.
View analysts' price targets for SLM
or view top-rated stocks among Wall Street analysts.

Who are SLM's key executives?

SLM's management team includes the following people:
  • Jonathan W. Witter, Chief Executive Officer & Director
  • Daniel P. Kennedy, Chief Operating Officer & Senior Vice President
  • Steven J. McGarry, Chief Financial Officer & Executive Vice President
  • Kerri Palmer, Executive VP, Chief Risk & Compliance Officer
  • Donna F. Vieira, Chief Commercial Officer & Executive VP

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

12 employees have rated SLM CEO Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among SLM'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 number of institutional and retail investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.30%), Louisiana State Employees Retirement System (0.03%), Shilanski & Associates Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%) and DAVENPORT & Co LLC (0.00%). Company insiders that own SLM stock include Earl A Goode, Mary Carter Warren Franke, Nicolas Jafarieh, Paul F Thome and Robert S Strong.
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 Crossmark Global Holdings Inc., Wedge Capital Management L L P NC, Louisiana State Employees Retirement System, and State of Alaska Department of Revenue. Company insiders that have sold SLM company stock in the last year include Nicolas Jafarieh, and Paul F Thome.
View insider buying and selling activity for SLM
or view top insider-selling stocks.

Which institutional investors are buying SLM stock?

SLM stock was purchased by a variety of institutional investors in the last quarter, including DAVENPORT & Co LLC, and Shilanski & Associates Inc.. Company insiders that have bought SLM stock in the last two years include Mary Carter Warren Franke, and Robert S Strong.
View insider buying and selling activity for SLM
or or view top insider-buying stocks.

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 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 $17.42.

How much money does SLM make?

SLM has a market capitalization of $5.33 billion and generates $2.35 billion in revenue each year. The credit services provider earns $880.69 million in net income (profit) each year or $2.23 on an earnings per share basis.

How many employees does SLM have?

SLM employs 1,600 workers across the globe.

What is SLM's official website?

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

Where are SLM's headquarters?

SLM is headquartered at 300 CONTINENTAL DRIVE, NEWARK DE, 19713.

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 10/16/2021 by MarketBeat.com Staff

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