NASDAQ:SLM - SLM Stock Price, Forecast & News

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

SLM declared a quarterly dividend on Thursday, November 7th. Stockholders of record on Friday, December 6th will be given a dividend of $0.03 per share on Monday, December 16th. This represents a $0.12 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Thursday, December 5th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) issued its quarterly earnings results on Wednesday, January, 22nd. The credit services provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. The credit services provider earned $419.10 million during the quarter, compared to the consensus estimate of $411.71 million. SLM had a return on equity of 20.27% and a net margin of 24.30%. During the same quarter last year, the business posted $0.31 earnings per share. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Wednesday, April 15th 2020. View Earnings Estimates for SLM.

SLM updated its FY 2020 After-Hours earnings guidance on Wednesday, January, 22nd. The company provided earnings per share (EPS) guidance of 1.85-1.91 for the period, compared to the Thomson Reuters consensus estimate of $1.32.

5 Wall Street analysts have issued 12 month price targets for SLM's stock. Their forecasts range from $12.00 to $16.00. On average, they expect SLM's share price to reach $13.75 in the next year. This suggests a possible upside of 21.9% from the stock's current price. View Analyst Price Targets for SLM.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

News articles about SLM stock have been trending somewhat negative this week, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. SLM earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for SLM.

SLM saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 12,570,000 shares, a decline of 6.5% from the December 15th total of 13,440,000 shares. Based on an average daily trading volume, of 3,410,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 3.0% of the shares of the stock are sold short. View SLM's Current Options Chain.

Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), FirstCash (FCFS), Nelnet (NNI), Pra Group (PRAA), Green Dot (GDOT), Encore Capital Group (ECPG), World Acceptance (WRLD), EZCORP (EZPW), Regional Management (RM), Nicholas Financial (NICK) and Asta Funding (ASFI).

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), Transocean (RIG), Gran Tierra Energy (GTE) and Express (EXPR).

SLM's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.89%), Hahn Capital Management LLC (0.29%), New York State Teachers Retirement System (0.20%), Heritage Investors Management Corp (0.14%), Arizona State Retirement System (0.06%) and OLD National Bancorp IN (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, Nicolas Jafarieh, Paul F Thome and Steven Mcgarry. View Institutional Ownership Trends for SLM.

SLM stock was sold by a variety of institutional investors in the last quarter, including Hahn Capital Management LLC, Ellis Investment Partners LLC, Arizona State Retirement System, Kendall Capital Management, Heritage Investors Management Corp, State of Alaska Department of Revenue and New York State Teachers Retirement System. Company insiders that have sold SLM company stock in the last year include Jed H Pitcher, Jonathan Boyles and Paul F Thome. View Insider Buying and Selling for SLM.

SLM stock was purchased by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, OLD National Bancorp IN, Sciencast Management LP, Advisors Preferred LLC, Campbell & CO Investment Adviser LLC, Eqis Capital Management Inc., Cerebellum GP LLC and FNY Investment Advisers LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of SLM stock can currently be purchased for approximately $11.28.

SLM has a market capitalization of $4.76 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 1,700 workers across the globe.View Additional Information About SLM.

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]