SLM Stock Price, News & Analysis (NASDAQ:SLM)

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

SLM declared a quarterly dividend on Thursday, June 20th. Investors of record on Friday, September 6th will be given a dividend of $0.03 per share on Monday, September 16th. This represents a $0.12 annualized dividend and a yield of 1.41%. The ex-dividend date of this dividend is Thursday, September 5th. View SLM's Dividend History.

SLM Corp (NASDAQ:SLM) posted its quarterly earnings results on Wednesday, July, 24th. The credit services provider reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The credit services provider had revenue of $396.87 million for the quarter, compared to analyst estimates of $401.69 million. SLM had a return on equity of 20.44% and a net margin of 26.18%. During the same period last year, the business posted $0.25 EPS. View SLM's Earnings History.

SLM is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for SLM.

SLM will be holding an earnings conference call on Wednesday, October 23rd 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, July, 24th. The company provided EPS guidance of $1.21-1.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.26.

6 Wall Street analysts have issued 12-month target prices for SLM's shares. Their forecasts range from $12.00 to $16.00. On average, they anticipate SLM's stock price to reach $13.40 in the next year. This suggests a possible upside of 56.9% 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 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for SLM.

Headlines about SLM stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. SLM earned a news impact score of 0.8 on InfoTrie's scale. They also gave news stories about the credit services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future. View News Stories for SLM.

Some companies that are related to SLM include Santander Consumer USA (SC), Credit Acceptance (CACC), OneMain (OMF), Nelnet (NNI), World Acceptance (WRLD), PROVIDENT FINL/S (FPLPY), Oaktree Specialty Lending (OCSL), Enova International (ENVA), Regional Management (RM), Atlanticus (ATLC) and Mr. Amazing Loans (MRAL).

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), Gran Tierra Energy (GTE), Transocean (RIG) and Precision Drilling (PD).

SLM's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Selz Capital LLC (0.18%), Pacer Advisors Inc. (0.04%), Ellis Investment Partners LLC (0.02%), State of Alaska Department of Revenue (0.02%), First Hawaiian Bank (0.01%) 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, Raymond J Quinlan and Steven Mcgarry. View Institutional Ownership Trends for SLM.

SLM stock was sold by a variety of institutional investors in the last quarter, including Cerebellum GP LLC, Selz Capital LLC, Pacer Advisors Inc., First Hawaiian Bank and Ellis Investment Partners LLC. 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Cerebellum GP 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 $8.54.

SLM has a market capitalization of $3.64 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]