NASDAQ:SLMSLM Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding SLM Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.99 +0.06 (+0.87 %) (As of 07/3/2020 04:00 PM ET) Add Compare Share Today's Range$6.93Now: $6.99▼$7.1450-Day Range$6.67MA: $7.58▼$8.6952-Week Range$5.60Now: $6.99▼$12.32Volume3.46 million shsAverage Volume5.08 million shsMarket Capitalization$2.62 billionP/E Ratio3.84Dividend Yield1.72%Beta1.41 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.00, SLM has a potential upside of 71.7% from its current price of $6.99.Amount of Analyst CoverageSLM has only been the subject of 2 research reports in the past 90 days. Previous Next 2.9 Community Rank Outperform VotesSLM has received 439 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSLM has received 327 “underperform” votes. (Add your “underperform” vote.)Community SentimentSLM has received 57.31% “outperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 1.72%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSLM has been increasing its dividend for 7 years.Dividend CoverageThe dividend payout ratio of SLM is 9.45%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 8.76% next year. This indicates that SLM will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SLM insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.45% of the stock of SLM is held by insiders.Percentage Held by Institutions99.00% of the stock of SLM is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SLM are expected to grow by 8.73% in the coming year, from $1.26 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 3.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.73.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 3.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.58.Price to Book Value per Share RatioSLM has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.47 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Personal credit institutions Sub-IndustryConsumer Finance SectorFinance Current SymbolNASDAQ:SLM Previous Symbol CUSIP78442P10 CIK1032033 Webwww.salliemae.com Phone302-451-0200Debt Debt-to-Equity Ratio2.74 Current Ratio1.26 Quick Ratio1.26Price-To-Earnings Trailing P/E Ratio3.84 Forward P/E Ratio5.55 P/E GrowthN/A Sales & Book Value Annual Sales$2.38 billion Price / Sales1.10 Cash Flow$1.46 per share Price / Cash Flow4.78 Book Value$6.90 per share Price / Book1.01Profitability EPS (Most Recent Fiscal Year)$1.27 Net Income$578.28 million Net Margins29.36% Return on Equity29.22% Return on Assets2.36%Miscellaneous Employees1,900 Outstanding Shares375,096,000Market Cap$2.62 billion Next Earnings Date7/22/2020 (Estimated) OptionableOptionable NASDAQ:SLM Rates by TradingView 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. SLM (NASDAQ:SLM) Frequently Asked Questions How has SLM's stock been impacted by COVID-19 (Coronavirus)? 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 shares have decreased by 21.9% and is now trading at $6.99. View which stocks have been most impacted by Coronavirus. 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. When is SLM's next earnings date? SLM is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for SLM. How were SLM's earnings last quarter? SLM Corp (NASDAQ:SLM) posted its quarterly earnings results on Wednesday, April, 22nd. The credit services provider reported $0.79 EPS for the quarter, missing analysts' consensus estimates of $0.88 by $0.09. The credit services provider earned $400.12 million during the quarter, compared to the consensus estimate of $400.70 million. SLM had a net margin of 29.36% and a return on equity of 29.22%. During the same period in the prior year, the firm posted $0.34 earnings per share. 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, June 18th. Shareholders of record on Friday, September 4th will be given a dividend of $0.03 per share on Tuesday, September 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.72%. The ex-dividend date of this dividend is Thursday, September 3rd. View SLM's dividend history. What price target have analysts set for SLM? 6 brokerages have issued twelve-month price targets for SLM's stock. Their forecasts range from $9.00 to $14.00. On average, they anticipate SLM's stock price to reach $12.00 in the next year. This suggests a possible upside of 71.7% from the stock's current price. View analysts' price targets for SLM. Has SLM been receiving favorable news coverage? News articles about SLM stock have trended somewhat negative on Friday, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 -1.3 on InfoTrie's scale. They also assigned media headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about SLM. Who are some of SLM's key competitors? Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), FirstCash (FCFS), Green Dot (GDOT), Nelnet (NNI), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI). View all competitors. What other stocks do shareholders of SLM own? Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Gran Tierra Energy (GTE) and Express (EXPR). Who are SLM's key executives? SLM's management team includes the following 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) What is SLM's stock symbol? SLM trades on the NASDAQ under the ticker symbol "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 $6.99. How big of a company is SLM? SLM has a market capitalization of $2.62 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 7/3/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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