SLM Corporation, together with 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 and their families. Its loan portfolio also includes federal family education loan program, personal, and other loans. In addition, the company offers savings products, including certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that provides financial rewards on everyday purchases to help families save for college. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:SLM
Previous Symbol
CUSIP78442P10
Phone302-451-0200
Debt
Debt-to-Equity Ratio1.86
Current Ratio1.41
Quick Ratio1.41
Price-To-Earnings
Trailing P/E Ratio13.93
Forward P/E Ratio9.70
P/E Growth0.52
Sales & Book Value
Annual Sales$1.43 billion
Price / Sales3.00
Cash Flow$0.7944 per share
Price / Cash12.45
Book Value$4.80 per share
Price / Book2.06
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$288.93 million
Net Margins22.81%
Return on Equity18.84%
Return on Assets1.79%
Miscellaneous
Employees1,500
Outstanding Shares435,660,000
Market Cap$4.52 billion
OptionableOptionable
SLM (NASDAQ:SLM) Frequently Asked Questions
What is SLM's stock symbol?
SLM trades on the NASDAQ under the ticker symbol "SLM."
How were SLM's earnings last quarter?
SLM Corp (NASDAQ:SLM) posted its earnings results on Monday, October, 22nd. The credit services provider reported $0.23 EPS for the quarter, missing the consensus estimate of $0.24 by $0.01. The credit services provider earned $356.63 million during the quarter, compared to analyst estimates of $350.10 million. SLM had a net margin of 22.81% and a return on equity of 18.84%. During the same quarter in the prior year, the business earned $0.17 earnings per share. 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 FY18 earnings guidance on Monday, October, 22nd. The company provided earnings per share guidance of $1.02-1.03 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.02. SLM also updated its FY 2018 guidance to $1.02-1.03 EPS.
What price target have analysts set for SLM?
10 equities research analysts have issued 1 year price objectives for SLM's stock. Their predictions range from $13.00 to $17.00. On average, they expect SLM's stock price to reach $14.5250 in the next twelve months. This suggests a possible upside of 46.9% from the stock's current price. View Analyst Price Targets for SLM.
What is the consensus analysts' recommendation for SLM?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.
Has SLM been receiving favorable news coverage?
Media headlines about SLM stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. SLM earned a media sentiment score of 1.5 on InfoTrie's scale. They also assigned news stories 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 company's share price in the near future.
Are investors shorting SLM?
SLM saw a increase in short interest in October. As of October 31st, there was short interest totalling 30,378,333 shares, an increase of 6.1% from the October 15th total of 28,632,804 shares. Based on an average daily trading volume, of 3,355,832 shares, the days-to-cover ratio is currently 9.1 days. Currently, 7.0% of the company's shares are sold short. View SLM's Current Options Chain.
Who are some of SLM's key competitors?
Some companies that are related to SLM include Credit Acceptance (CACC), Santander Consumer USA (SC), OneMain (OMF), Nelnet (NNI), World Acceptance (WRLD), PROVIDENT FINL/S (FPLPY), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL), IEG (IEGH) and IEG (IEGH).
Who are SLM's key executives?
SLM's management team includes the folowing people:
- Mr. Raymond J. Quinlan, Exec. Chairman & CEO (Age 66)
- Mr. Steven J. McGarry, Exec. VP & CFO (Age 60)
- Mr. Paul F. Thome, Exec. VP & Chief Admin. Officer (Age 67)
- Mr. Brian Cronin, VP of Investor Relations
- Mr. Jim Truitt, Chief Compliance Officer and Sr. VP
Who are SLM's major shareholders?
SLM's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.51%), ValueAct Holdings L.P. (8.99%), FMR LLC (6.49%), Jennison Associates LLC (3.77%), Bank of New York Mellon Corp (3.54%) and Wells Fargo & Company MN (1.67%). 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 Hsbc Holdings PLC, Jennison Associates LLC, Victory Capital Management Inc., BlackRock Inc., Channing Capital Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC and Franklin Resources Inc.. Company insiders that have sold SLM company stock in the last year 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 Insider Buying and Selling for SLM.
Which major investors are buying SLM stock?
SLM stock was bought by a variety of institutional investors in the last quarter, including Sterling Capital Management LLC, CI Investments Inc., ValueAct Holdings L.P., Russell Investments Group Ltd., Prudential Financial Inc., Canada Pension Plan Investment Board, Point72 Asset Management L.P. and Westpac Banking Corp. 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, Scottrade, Fidelity and Charles Schwab.
What is SLM's stock price today?
One share of SLM stock can currently be purchased for approximately $9.89.
How big of a company is SLM?
SLM has a market capitalization of $4.52 billion and generates $1.43 billion in revenue each year. The credit services provider earns $288.93 million in net income (profit) each year or $0.71 on an earnings per share basis. SLM employs 1,500 workers across the globe.
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.
