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. Investors 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 annualized dividend and a yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 5th. View SLM's Dividend History.
How were SLM's earnings last quarter?
SLM Corp (NASDAQ:SLM) issued its earnings results on Wednesday, July, 24th. The credit services provider reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.30 by $0.01. The credit services provider earned $396.87 million during the quarter, compared to analyst estimates of $401.69 million. SLM had a net margin of 26.18% and a return on equity of 20.44%. During the same quarter last year, the business posted $0.25 EPS. View SLM's Earnings History.
When is SLM's next earnings date?
What guidance has SLM issued on next quarter's earnings?
SLM updated 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 earnings per share estimate of $1.26.
What price target have analysts set for SLM?
6 analysts have issued twelve-month price targets 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 year. This suggests a possible upside of 41.5% 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 headlines about SLM stock have been trending negative recently, InfoTrie reports. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to 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 news articles 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 impact 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 many different of retail and institutional investors. Top institutional shareholders 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 acquired 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 $9.47.
How big of a company is SLM?
SLM has a market capitalization of $4.04 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.
