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
SymbolNASDAQ:SLM
CUSIP78442P10
Phone302-451-0200
Debt
Debt-to-Equity Ratio1.81
Current Ratio1.41
Quick Ratio1.41
Price-To-Earnings
Trailing P/E Ratio14.90
Forward P/E Ratio10.48
P/E Growth0.53
Sales & Book Value
Annual Sales$1.43 billion
Price / Sales3.21
Cash Flow$0.8450 per share
Price / Cash12.52
Book Value$4.80 per share
Price / Book2.20
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$288.93 million
Net Margins21.69%
Return on Equity18.48%
Return on Assets1.77%
Miscellaneous
Employees1,500
Outstanding Shares435,380,000
Market Cap$4.55 billion
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) issued its earnings results on Tuesday, July, 24th. The credit services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.23 by $0.02. The credit services provider earned $340.95 million during the quarter, compared to analyst estimates of $333.28 million. SLM had a net margin of 21.69% and a return on equity of 18.48%. The company's revenue for the quarter was up 26.3% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. View SLM's Earnings History.
When is SLM's next earnings date?
How can I listen to SLM's earnings call?
SLM will be holding an earnings conference call on Tuesday, October 23rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8773565689.
What guidance has SLM issued on next quarter's earnings?
SLM updated its FY18 earnings guidance on Tuesday, July, 24th. The company provided earnings per share guidance of $0.99-1.01 for the period, compared to the Thomson Reuters consensus estimate of $1.01.
What price target have analysts set for SLM?
10 brokers have issued twelve-month price targets for SLM's shares. Their predictions range from $13.00 to $17.00. On average, they expect SLM's stock price to reach $14.8250 in the next year. This suggests a possible upside of 40.1% 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.
Are investors shorting SLM?
SLM saw a increase in short interest in the month of September. As of September 28th, there was short interest totalling 27,809,769 shares, an increase of 17.0% from the September 14th total of 23,777,124 shares. Based on an average daily trading volume, of 2,763,214 shares, the short-interest ratio is presently 10.1 days. Currently, 6.4% of the shares of the company 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), PROVIDENT Finl/S (FPLPY), World Acceptance (WRLD), 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 many different of retail and institutional investors. Top institutional shareholders include State of New Jersey Common Pension Fund D (0.48%), Selz Capital LLC (0.30%), First Manhattan Co. (0.07%), Sumitomo Mitsui Asset Management Company LTD (0.04%), First Hawaiian Bank (0.02%) and Xact Kapitalforvaltning AB (0.02%). Company insiders that own SLM stock include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, Laurent Charles Lutz, Marianne M Keler, Nicolas Jafarieh, Paul F Thome, Raymond J Quinlan and Steven Mcgarry. 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 Selz Capital LLC, First Manhattan Co. and Sumitomo Mitsui Asset Management Company LTD. 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 institutional investors are buying SLM stock?
SLM stock was purchased by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, First Hawaiian Bank, New Jersey Better Educational Savings Trust, BB&T Corp, NJ State Employees Deferred Compensation Plan, Supplemental Annuity Collective Trust of NJ and Xact Kapitalforvaltning AB. Company insiders that have bought SLM stock in the last two years include Earl A Goode and Marianne M Keler. 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 $10.58.
How big of a company is SLM?
SLM has a market capitalization of $4.55 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.
