S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NASDAQ:SLM

SLM Stock Forecast, Price & News

$18.74
+0.36 (+1.96%)
(As of 12/7/2021 12:00 AM ET)
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Today's Range
$18.41
$19.00
50-Day Range
$17.10
$18.80
52-Week Range
$11.14
$21.40
Volume
3.14 million shs
Average Volume
3.87 million shs
Market Capitalization
$5.49 billion
P/E Ratio
5.26
Dividend Yield
2.39%
Beta
1.28
30 days | 90 days | 365 days | Advanced Chart
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SLM logo

About SLM

SLM Corp. engages in the provision and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.

Headlines

Upcoming Dividend Run For SLM? - Nasdaq
November 17, 2021 |  nasdaq.com
See More Headlines

Industry, Sector and Symbol

Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Sector
Finance
Current Symbol
NASDAQ:SLM
CUSIP
78442P10
Employees
1,600
Year Founded
N/A

Sales & Book Value

Annual Sales
$2.35 billion
Cash Flow
$2.55 per share
Book Value
$6.41 per share

Profitability

Net Income
$880.69 million
Pretax Margin
74.18%

Debt

Price-To-Earnings

Miscellaneous

Free Float
291,682,000
Market Cap
$5.49 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/19/2021
Ex-Dividend
12/02/2021
Today
12/08/2021
Dividend Payable
12/15/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

MarketRank

Overall MarketRank

2.73 out of 5 stars

Finance Sector

154th out of 1,342 stocks

Personal Credit Institutions Industry

5th out of 13 stocks

Analyst Opinion: 3.4Community Rank: 4.8Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -












SLM (NASDAQ:SLM) Frequently Asked Questions

Is SLM a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" SLM stock.
View analyst ratings for SLM
or view top-rated stocks.

How has SLM's stock price been impacted by COVID-19?

SLM's stock was trading at $8.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLM stock has increased by 109.4% and is now trading at $18.74.
View which stocks have been most impacted by COVID-19
.

When is SLM's next earnings date?

SLM is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for SLM
.

How were SLM's earnings last quarter?

SLM Co. (NASDAQ:SLM) issued its earnings results on Tuesday, October, 19th. The credit services provider reported $0.24 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.17 by $0.07. SLM had a net margin of 56.48% and a trailing twelve-month return on equity of 60.87%. During the same period in the prior year, the company posted $0.47 earnings per share.
View SLM's earnings history
.

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

SLM declared a quarterly dividend on Wednesday, October 20th. Stockholders of record on Friday, December 3rd will be given a dividend of $0.11 per share on Wednesday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.35%. The ex-dividend date is Thursday, December 2nd. This is a positive change from SLM's previous quarterly dividend of $0.03.
View SLM's dividend history
.

Is SLM a good dividend stock?

SLM pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.39%. SLM does not yet have a strong track record of dividend growth. The dividend payout ratio of SLM is 12.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 15.66% next year. This indicates that SLM will be able to sustain or increase its dividend.
View SLM's dividend history.

How will SLM's stock buyback program work?

SLM declared that its board has authorized a share repurchase program on Wednesday, October 20th 2021, which authorizes the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

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

SLM updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided EPS guidance of $3.550-$3.600 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.210. The company issued revenue guidance of -.

What price target have analysts set for SLM?

6 brokers have issued 12-month price targets for SLM's shares. Their forecasts range from $21.00 to $28.00. On average, they expect SLM's share price to reach $23.71 in the next twelve months. This suggests a possible upside of 26.5% from the stock's current price.
View analysts' price targets for SLM
or view top-rated stocks among Wall Street analysts.

Who are SLM's key executives?

SLM's management team includes the following people:
  • Jonathan W. Witter, Chief Executive Officer & Director
  • Daniel P. Kennedy, Chief Operating Officer & Senior Vice President
  • Steven J. McGarry, Chief Financial Officer & Executive Vice President
  • Kerri Palmer, Executive VP, Chief Risk & Compliance Officer
  • Donna F. Vieira, Chief Commercial Officer & Executive VP

What is Jonathan Witter's approval rating as SLM's CEO?

12 employees have rated SLM CEO Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among SLM's employees.

What other stocks do shareholders of SLM own?

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.72%), ValueAct Holdings L.P. (5.77%), Massachusetts Financial Services Co. MA (5.31%), Boston Partners (3.75%), Impactive Capital LP (3.40%) and Barrow Hanley Mewhinney & Strauss LLC (2.84%). Company insiders that own SLM stock include Earl A Goode, Mary Carter Warren Franke, Nicolas Jafarieh, Paul F Thome and Robert S Strong.
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 ValueAct Holdings L.P., Boston Partners, BlackRock Inc., Geode Capital Management LLC, Millennium Management LLC, Jennison Associates LLC, Jupiter Asset Management Ltd., and Morgan Stanley.
View insider buying and selling activity for SLM
or view top insider-selling stocks.

Which major investors are buying SLM stock?

SLM stock was purchased by a variety of institutional investors in the last quarter, including Impactive Capital LP, Capital World Investors, Massachusetts Financial Services Co. MA, Brandywine Global Investment Management LLC, Deutsche Bank AG, Voloridge Investment Management LLC, Squarepoint Ops LLC, and Barclays PLC. Company insiders that have bought SLM stock in the last two years include Mary Carter Warren Franke, and Robert S Strong.
View insider buying and selling activity for SLM
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SLM's stock price today?

One share of SLM stock can currently be purchased for approximately $18.74.

How much money does SLM make?

SLM has a market capitalization of $5.49 billion and generates $2.35 billion in revenue each year. The credit services provider earns $880.69 million in net income (profit) each year or $3.56 on an earnings per share basis.

How many employees does SLM have?

SLM employs 1,600 workers across the globe.

What is SLM's official website?

The official website for SLM is www.salliemae.com.

Where are SLM's headquarters?

SLM is headquartered at 300 CONTINENTAL DRIVE, NEWARK DE, 19713.

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, via email at [email protected], or via fax at 800-848-1949.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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