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.
Industry, Sector and Symbol
Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Phone302-451-0200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.88 billion
Profitability
Miscellaneous
Employees1,700
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 announced a quarterly dividend on Wednesday, January 23rd. Investors of record on Tuesday, March 5th will be paid a dividend of $0.03 per share on Friday, March 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.20%. The ex-dividend date is Monday, March 4th. View SLM's Dividend History.
How were SLM's earnings last quarter?
SLM Corp (NASDAQ:SLM) posted its quarterly earnings data on Wednesday, April, 17th. The credit services provider reported $0.34 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 the consensus estimate of $384.70 million. SLM had a net margin of 25.77% and a return on equity of 20.28%. The firm's revenue was up 20.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.28 earnings per share. View SLM's Earnings History.
When is SLM's next earnings date?
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 EPS estimate of $1.25.
What price target have analysts set for SLM?
6 equities research analysts have issued twelve-month price targets for SLM's stock. Their forecasts range from $13.00 to $15.00. On average, they expect SLM's share price to reach $13.6667 in the next year. This suggests a possible upside of 36.9% 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?
Headlines about SLM stock have trended somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. SLM earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media coverage about the credit services provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the immediate future.
Are investors shorting SLM?
SLM saw a increase in short interest during the month of March. As of March 29th, there was short interest totalling 26,987,186 shares, an increase of 0.5% from the March 15th total of 26,841,531 shares. Based on an average daily trading volume, of 3,016,743 shares, the short-interest ratio is currently 8.9 days. Approximately 6.2% of the shares of the stock are short sold. View SLM's Current Options Chain.
Who are some of SLM's key competitors?
Some companies that are related to SLM include Credit Acceptance (CACC), Santander Consumer USA (SC), OneMain (OMF), Nelnet (NNI), World Acceptance (WRLD), PROVIDENT FINL/S (FPLPY), Enova International (ENVA), Oaktree Specialty Lending (OCSL), Regional Management (RM), Atlanticus (ATLC), Mr. Amazing Loans (MRAL) and IEG (IEGH).
What other stocks do shareholders of SLM own?
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. Brian Cronin, VP of Investor Relations
- Mr. Jim Truitt, Chief Compliance Officer and Sr. VP
Who are SLM's major shareholders?
SLM's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Calamos Advisors LLC (0.47%), Selz Capital LLC (0.18%), Heritage Investors Management Corp (0.14%), Retirement Systems of Alabama (0.13%), Northpointe Capital LLC (0.06%) and Schaper Benz & Wise Investment Counsel Inc. WI (0.04%). 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 institutional investors are selling SLM stock?
SLM stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC, Eqis Capital Management Inc., Strs Ohio, Gateway Investment Advisers LLC, Heritage Investors Management Corp, American Asset Management Inc. and Virtu Financial LLC. Company insiders that have sold SLM company stock in the last year include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jonathan Boyles, Nicolas Jafarieh, Paul F Thome and Steven Mcgarry. View Insider Buying and Selling for SLM.
Which institutional investors are buying SLM stock?
SLM stock was bought by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Selz Capital LLC, Schaper Benz & Wise Investment Counsel Inc. WI, Wedbush Securities Inc., Retirement Systems of Alabama, Louisiana State Employees Retirement System, First Hawaiian Bank and Huntington National Bank. 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 $9.9850.
How big of a company is SLM?
SLM has a market capitalization of $4.32 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?
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)
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.
