NASDAQ:SLM - SLM Stock Price, Forecast & News

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

SLM announced a quarterly dividend on Thursday, November 7th. Investors 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 1.35%. The ex-dividend date is Thursday, December 5th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) issued its quarterly earnings data on Wednesday, October, 23rd. The credit services provider reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.04. The credit services provider earned $405.07 million during the quarter, compared to the consensus estimate of $397.58 million. SLM had a return on equity of 20.63% and a net margin of 25.04%. During the same quarter in the previous year, the firm posted $0.23 earnings per share. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for SLM.

SLM will be holding an earnings conference call on Wednesday, January 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

SLM issued an update on its FY 2019 earnings guidance on Wednesday, October, 23rd. The company provided earnings per share (EPS) guidance of $1.23-1.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.22.

4 brokers have issued twelve-month target prices for SLM's shares. Their forecasts range from $12.00 to $16.00. On average, they expect SLM's share price to reach $13.67 in the next year. This suggests a possible upside of 53.4% from the stock's current price. View Analyst Price Targets for SLM.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 1 hold rating and 3 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 positive on Tuesday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SLM earned a news impact score of 2.2 on InfoTrie's scale. They also gave media headlines about the credit services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for SLM.

SLM saw a drop in short interest in December. As of December 31st, there was short interest totalling 12,570,000 shares, a drop of 6.5% from the December 15th total of 13,440,000 shares. Based on an average trading volume of 3,410,000 shares, the short-interest ratio is currently 3.7 days. Approximately 3.0% of the company's 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 a variety of of retail and institutional investors. Top institutional investors include Wedge Capital Management L L P NC (0.89%), Hahn Capital Management LLC (0.29%), Heritage Investors Management Corp (0.14%), OLD National Bancorp IN (0.02%), State of Alaska Department of Revenue (0.02%) and Cerebellum GP LLC (0.01%). 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, Heritage Investors Management Corp and State of Alaska Department of Revenue. 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, 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 $8.91.

SLM has a market capitalization of $3.76 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.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]