NASDAQ:SLM SLM Stock Forecast, Price & 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 $7.85 +0.07 (+0.90 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$7.69Now: $7.85▼$7.9250-Day Range$6.87MA: $7.53▼$8.2252-Week Range$5.60Now: $7.85▼$12.32Volume2.51 million shsAverage Volume4.93 million shsMarket Capitalization$2.95 billionP/E Ratio6.28Dividend Yield1.54%Beta1.41 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 $11.10, SLM has a forecasted upside of 41.4% from its current price of $7.85.Amount of Analyst CoverageSLM has only been the subject of 1 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 331 “underperform” votes. (Add your “underperform” vote.)Community SentimentSLM has received 57.01% “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 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSLM has only been increasing its dividend for 1 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 9.02% next year. This indicates that SLM will be able to sustain or increase its dividend. Previous Next 0.0 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 0.53% of the stock of SLM is held by insiders. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for SLM are expected to grow by 19.82% in the coming year, from $1.11 to $1.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 6.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.33.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 6.28, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.26.Price to Book Value per Share RatioSLM has a P/B Ratio of 1.14. 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: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.11 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 Ratio2.75 Current Ratio1.19 Quick Ratio1.19Price-To-Earnings Trailing P/E Ratio6.28 Forward P/E Ratio7.07 P/E GrowthN/A Sales & Book Value Annual Sales$2.38 billion Price / Sales1.24 Cash Flow$1.53 per share Price / Cash Flow5.14 Book Value$6.90 per share Price / Book1.14Profitability EPS (Most Recent Fiscal Year)$1.27 Net Income$578.28 million Net Margins21.15% Return on Equity23.16% Return on Assets1.66%Miscellaneous Employees1,900 Outstanding Shares375,236,000Market Cap$2.95 billion Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $7.85 +0.07 (+0.90 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 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 decreased by 12.3% and is now trading at $7.85. View which stocks have been most impacted by COVID-19. 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, October 28th 2020. View our earnings forecast for SLM. How were SLM's earnings last quarter? SLM Corp (NASDAQ:SLM) issued its quarterly earnings results on Wednesday, July, 22nd. The credit services provider reported ($0.22) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.06 by $0.28. The credit services provider had revenue of $348.78 million for the quarter, compared to analysts' expectations of $351.93 million. SLM had a net margin of 21.15% and a return on equity of 23.16%. View SLM's earnings history. How often does SLM pay dividends? What is the dividend yield for SLM? SLM announced a quarterly dividend on Thursday, June 18th. Shareholders of record on Friday, September 4th will be paid 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 1.53%. The ex-dividend date is Thursday, September 3rd. View SLM's dividend history. What price target have analysts set for SLM? 6 equities research analysts have issued 1 year price objectives for SLM's stock. Their forecasts range from $7.50 to $14.00. On average, they expect SLM's stock price to reach $11.10 in the next year. This suggests a possible upside of 41.4% from the stock's current price. View analysts' price targets for SLM. Are investors shorting SLM? SLM saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 17,960,000 shares, a decrease of 27.6% from the August 31st total of 24,820,000 shares. Based on an average daily volume of 4,810,000 shares, the short-interest ratio is presently 3.7 days. Approximately 4.8% of the company's stock are sold short. View SLM's Short Interest. 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), Green Dot (GDOT), FirstCash (FCFS), 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 ALJ Regional (ALJJ). 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." Who are SLM's major shareholders? SLM's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.54%), FMR LLC (5.03%), Fir Tree Capital Management LP (3.30%), Wedge Capital Management L L P NC (1.71%), Jennison Associates LLC (1.62%) and Victory Capital Management Inc. (1.52%). Company insiders that own SLM stock include Earl A Goode, Jed H Pitcher, Jonathan Boyles and Paul F Thome. 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 Vanguard Group Inc., FMR LLC, Nuveen Asset Management LLC, Fir Tree Capital Management LP, UBS Group AG, First Trust Advisors LP, Mackay Shields LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for SLM. Which major investors are buying SLM stock? SLM stock was purchased by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Wedge Capital Management L L P NC, Calamos Advisors LLC, MERIAN GLOBAL INVESTORS UK Ltd, Russell Investments Group Ltd., and Hahn Capital Management LLC. View insider buying and selling activity 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 $7.85. How big of a company is SLM? SLM has a market capitalization of $2.95 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 9/26/2020 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. See what's happening in the market right now with MarketBeat's real-time news feed. 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