SLM Stock Forecast, Price & News

SLM's stock was trading at $8.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SLM stock has increased by 54.0% and is now trading at $13.78.
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7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SLM stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SLM, but not buy additional shares or sell existing shares.
View analyst ratings for SLM or view MarketBeat's top 5 stock picks.

Wall Street analysts have given SLM a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SLM wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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SLM is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for SLM.

SLM will be holding an earnings conference call on Wednesday, January 27th 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 Co. (NASDAQ:SLM) announced its quarterly earnings data on Wednesday, October, 21st. The credit services provider reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.33. The credit services provider earned $364.57 million during the quarter, compared to analysts' expectations of $359.42 million. SLM had a return on equity of 23.16% and a net margin of 21.15%. During the same quarter in the prior year, the business earned $0.29 EPS.
View SLM's earnings history.

SLM declared a quarterly dividend on Thursday, November 19th. Investors of record on Friday, December 4th will be given a dividend of $0.03 per share on Tuesday, December 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.87%. The ex-dividend date is Thursday, December 3rd.
View SLM's dividend history.

SLM pays an annual dividend of $0.12 per share and currently has a dividend yield of 0.87%. The dividend payout ratio of SLM is 9.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 8.89% next year. This indicates that SLM will be able to sustain or increase its dividend.
View SLM's dividend history.

7 brokerages have issued 12-month target prices for SLM's shares. Their forecasts range from $9.00 to $14.00. On average, they anticipate SLM's share price to reach $11.83 in the next year. This suggests that the stock has a possible downside of 14.1%.
View analysts' price targets for SLM or view Wall Street analyst' top-rated stocks.

SLM saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 10,270,000 shares, an increase of 28.9% from the December 15th total of 7,970,000 shares. Based on an average daily volume of 3,700,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 2.8% of the company's shares are short sold.
View SLM's Short Interest.

Some companies that are related to SLM include American Express (AXP), Capital One Financial (COF), Discover Financial Services (DFS), Credit Acceptance (CACC), Green Dot (GDOT), Nelnet (NNI), PRA Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW) and Nicholas Financial (NICK).
View all of SLM's competitors.

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

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

SLM's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.58%), HGK Asset Management Inc. (0.02%), State of Alaska Department of Revenue (0.02%), Crossmark Global Holdings Inc. (0.01%) and Sowell Financial Services LLC (0.00%). Company insiders that own SLM stock include Earl A Goode, Jed H Pitcher, Jonathan Boyles and Paul F Thome.
View institutional ownership trends for SLM.

SLM stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, HGK Asset Management Inc., and State of Alaska Department of Revenue. Company insiders that have sold SLM company stock in the last year include Earl A Goode, and Paul F Thome.
View insider buying and selling activity for SLM or view top insider-selling stocks.

SLM stock was purchased by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., and Sowell Financial Services LLC.
View insider buying and selling activity for SLM or or view top insider-buying stocks.

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.

One share of SLM stock can currently be purchased for approximately $13.78.

SLM has a market capitalization of $5.17 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 1,900 workers across the globe.

The official website for SLM is 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]