NASDAQ:SLM - SLM Stock Price, Forecast & News

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

SLM announced a quarterly dividend on Thursday, January 30th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.03 per share on Monday, March 16th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, March 5th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) released its earnings results on Wednesday, January, 22nd. The credit services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The credit services provider earned $419.10 million during the quarter, compared to analysts' expectations of $411.71 million. SLM had a return on equity of 20.27% and a net margin of 24.30%. During the same quarter in the previous year, the firm 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 issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, January, 22nd. The company provided EPS guidance of 1.85-1.91 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.32.

6 equities research analysts have issued twelve-month target prices for SLM's stock. Their forecasts range from $12.00 to $16.00. On average, they anticipate SLM's stock price to reach $13.90 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for SLM.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

Headlines about SLM stock have been trending very negative recently, InfoTrie reports. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. SLM earned a daily sentiment score of -3.5 on InfoTrie's scale. They also gave 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 effect on the stock's share price in the near future. View News Stories for SLM.

SLM saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 11,830,000 shares, a drop of 5.9% from the January 15th total of 12,570,000 shares. Based on an average trading volume of 4,070,400 shares, the days-to-cover ratio is presently 2.9 days. Approximately 2.8% of the company's shares are short sold. 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), Green Dot (GDOT), Pra Group (PRAA), Encore Capital Group (ECPG), World Acceptance (WRLD), Regional Management (RM), EZCORP (EZPW), 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 number of of institutional and retail investors. Top institutional shareholders include CI Investments Inc. (5.19%), FMR LLC (4.99%), Boston Partners (4.66%), Barrow Hanley Mewhinney & Strauss LLC (2.68%), Fir Tree Capital Management LP (2.51%) and State Street Corp (2.47%). Company insiders that own SLM stock include Earl A Goode, Frank C Puleo, Jed H Pitcher, Jeffrey Dale, Jonathan Boyles, 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 Barrow Hanley Mewhinney & Strauss LLC, Goldman Sachs Group Inc., Thrivent Financial for Lutherans, Victory Capital Management Inc., FMR LLC, Mackay Shields LLC, Renaissance Technologies LLC and Jennison Associates LLC. Company insiders that have sold SLM company stock in the last year include Earl A Goode, 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 Fir Tree Capital Management LP, Massachusetts Financial Services Co. MA, Boston Partners, CI Investments Inc., Bank of New York Mellon Corp, First Trust Advisors LP, Maverick Capital Ltd. and Hotchkis & Wiley Capital Management 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 $12.04.

SLM has a market capitalization of $5.08 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]