NASDAQ:SLM - SLM Stock Price, News, & Analysis

SLM trades on the NASDAQ under the ticker symbol "SLM."

SLM announced a quarterly dividend on Wednesday, January 23rd. Investors of record on Tuesday, March 5th will be given a dividend of $0.03 per share on Friday, March 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.06%. The ex-dividend date of this dividend is Monday, March 4th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) announced its quarterly earnings results on Wednesday, January, 23rd. The credit services provider reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.04. The credit services provider earned $382.87 million during the quarter, compared to the consensus estimate of $367.40 million. SLM had a net margin of 26.07% and a return on equity of 20.05%. The firm's quarterly revenue was up 23.8% compared to the same quarter last year. During the same period last year, the business earned $0.19 earnings per share. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for SLM.

SLM issued an update on its FY19 earnings guidance on Wednesday, January, 23rd. The company provided earnings per share guidance of $1.22-1.26 for the period, compared to the Thomson Reuters consensus estimate of $1.21. SLM also updated its FY 2019 guidance to $1.22-1.26 EPS.

6 brokerages have issued 1-year price targets for SLM's shares. Their forecasts range from $13.00 to $15.00. On average, they anticipate SLM's stock price to reach $13.7083 in the next twelve months. This suggests a possible upside of 20.7% from the stock's current price. View Analyst Price Targets for SLM.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

News headlines about SLM stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SLM earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned news articles about the credit services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

SLM saw a drop in short interest in January. As of January 31st, there was short interest totalling 26,592,294 shares, a drop of 9.3% from the January 15th total of 29,321,669 shares. Based on an average daily trading volume, of 5,614,629 shares, the days-to-cover ratio is presently 4.7 days. Currently, 6.1% of the shares of the stock are short sold. View SLM's Current Options Chain.

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) and IEG (IEGH).

Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Allergan (AGN), Gran Tierra Energy (GTE) and Transocean (RIG).

SLM's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.93%), Barrow Hanley Mewhinney & Strauss LLC (7.19%), Boston Partners (4.61%), Bank of New York Mellon Corp (3.72%), Jennison Associates LLC (3.56%) and CI Investments Inc. (2.08%). 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.

SLM stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Barrow Hanley Mewhinney & Strauss LLC, Jennison Associates LLC, Selz Capital LLC, Victory Capital Management Inc., Channing Capital Management LLC, Robeco Institutional Asset Management B.V. and Canada Pension Plan Investment Board. Company insiders that have sold SLM company stock in the last year include Earl A Goode, Frank C Puleo, Jeffrey Dale, Jonathan Boyles, Nicolas Jafarieh, Paul F Thome and Steven Mcgarry. View Insider Buying and Selling for SLM.

SLM stock was purchased by a variety of institutional investors in the last quarter, including Bayview Asset Management LLC, CI Investments Inc., BlackRock Inc., Portolan Capital Management LLC, Hsbc Holdings PLC, Oregon Public Employees Retirement Fund, Thrivent Financial for Lutherans and Bank of New York Mellon Corp. View Insider Buying and Selling for 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.

One share of SLM stock can currently be purchased for approximately $11.36.

SLM has a market capitalization of $4.95 billion and generates $1.88 billion in revenue each year. The credit services provider earns $487.47 million in net income (profit) each year or $1.07 on an earnings per share basis. SLM employs 1,500 workers across the globe.

The official website for SLM is http://www.salliemae.com.

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]