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

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$9.72 +0.03 (+0.31 %)
(As of 05/27/2019 04:23 AM ET)
Previous Close$9.72
Today's Range$9.69 - $9.84
52-Week Range$7.95 - $12.16
Volume2.05 million shs
Average Volume3.36 million shs
Market Capitalization$4.20 billion
P/E Ratio9.08
Dividend Yield1.24%
Beta1.47
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.

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Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:SLM
CUSIP78442P10
Phone302-451-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.88 billion
Cash Flow$1.1753 per share
Book Value$6.12 per share

Profitability

Net Income$487.48 million

Miscellaneous

Employees1,700
Market Cap$4.20 billion
Next Earnings Date7/23/2019 (Estimated)
OptionableOptionable

SLM (NASDAQ:SLM) Frequently Asked Questions

What is SLM's stock symbol?

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

How often does SLM pay dividends? What is the dividend yield for SLM?

SLM declared a quarterly dividend on Friday, April 26th. Stockholders of record on Friday, June 7th will be paid a dividend of $0.03 per share on Monday, June 17th. This represents a $0.12 annualized dividend and a dividend yield of 1.23%. The ex-dividend date is Thursday, June 6th. View SLM's Dividend History.

How were SLM's earnings last quarter?

SLM Corp (NASDAQ:SLM) announced its quarterly earnings results on Wednesday, April, 17th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.04. The credit services provider earned $402.28 million during the quarter, compared to analyst estimates of $384.70 million. SLM had a return on equity of 20.28% and a net margin of 25.77%. SLM's quarterly revenue was up 20.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.28 EPS. View SLM's Earnings History.

When is SLM's next earnings date?

SLM is scheduled to release their next quarterly earnings announcement on Tuesday, July 23rd 2019. View Earnings Estimates for SLM.

What guidance has SLM issued on next quarter's earnings?

SLM issued an update on its FY19 earnings guidance on Wednesday, April, 17th. The company provided earnings per share guidance of $1.23-1.26 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.25.

What price target have analysts set for SLM?

6 Wall Street analysts have issued 12 month target prices for SLM's shares. Their forecasts range from $13.00 to $15.00. On average, they anticipate SLM's stock price to reach $13.60 in the next twelve months. This suggests a possible upside of 39.9% from the stock's current price. View Analyst Price Targets for SLM.

What is the consensus analysts' recommendation 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.

Has SLM been receiving favorable news coverage?

Media coverage about SLM stock has trended very positive on Monday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. SLM earned a daily sentiment score of 3.1 on InfoTrie's scale. They also assigned media coverage about the credit services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days.

Are investors shorting SLM?

SLM saw a decline in short interest in the month of April. As of April 30th, there was short interest totalling 23,718,064 shares, a decline of 5.4% from the April 15th total of 25,068,908 shares. Based on an average daily trading volume, of 4,199,422 shares, the days-to-cover ratio is currently 5.6 days. Currently, 5.5% of the shares of the stock are short sold. View SLM's Current Options Chain.

Who are some of SLM's key 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), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Gran Tierra Energy (GTE), Transocean (RIG) and Precision Drilling (PD).

Who are SLM's key executives?

SLM's management team includes the folowing 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)

Who are SLM's major shareholders?

SLM's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.77%), FMR LLC (5.32%), Boston Partners (4.54%), Wellington Management Group LLP (3.32%), Goldman Sachs Group Inc. (3.11%) and Jennison Associates LLC (3.09%). 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 FMR LLC, Wellington Management Group LLP, Jennison Associates LLC, Calamos Advisors LLC, Goldman Sachs Group Inc., BlackRock Inc., Victory Capital Management Inc. and Marshall Wace LLP. Company insiders that have sold SLM company stock in the last year include Jed H Pitcher, Jonathan Boyles, Paul F Thome and Steven Mcgarry. View Insider Buying and Selling for SLM.

Which major investors are buying SLM stock?

SLM stock was purchased by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Hahn Capital Management LLC, Natixis, Renaissance Technologies LLC, BNP Paribas Arbitrage SA, Ellis Investment Partners LLC, Neuberger Berman Group LLC and Robeco Institutional Asset Management B.V.. 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 $9.72.

How big of a company is SLM?

SLM has a market capitalization of $4.20 billion and generates $1.88 billion in revenue each year. The credit services provider earns $487.48 million in net income (profit) each year or $1.07 on an earnings per share basis. SLM employs 1,700 workers across the globe.

What is SLM's official website?

The official website for SLM is http://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]


MarketBeat Community Rating for SLM (NASDAQ SLM)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  384 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  639
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.
This page was last updated on 5/27/2019 by MarketBeat.com Staff

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