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NASDAQ:SLMSLM Stock Price, Forecast & News

$7.68
-0.06 (-0.78 %)
(As of 05/28/2020 04:00 PM ET)
Add
Compare
Today's Range
$7.51
Now: $7.68
$7.86
50-Day Range
$6.55
MA: $7.40
$8.53
52-Week Range
$5.60
Now: $7.68
$12.32
Volume4.16 million shs
Average Volume4.84 million shs
Market Capitalization$2.88 billion
P/E Ratio4.22
Dividend Yield1.55%
Beta1.47
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.
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SLM logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 4.2Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.64 out of 5 stars


Industry, Sector and Symbol

Industry Personal credit institutions
Sub-IndustryConsumer Finance
SectorFinance
Current SymbolNASDAQ:SLM
CUSIP78442P10
Phone302-451-0200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.38 billion
Cash Flow$1.46 per share
Book Value$4.59 per share

Profitability

Net Income$578.28 million

Miscellaneous

Employees1,900
Market Cap$2.88 billion
Next Earnings Date7/22/2020 (Estimated)
OptionableOptionable

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SLM (NASDAQ:SLM) Frequently Asked Questions

How has SLM's stock been impacted by COVID-19 (Coronavirus)?

SLM's stock was trading at $8.95 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SLM shares have decreased by 14.2% and is now trading at $7.68. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of SLM?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for SLM.

When is SLM's next earnings date?

SLM is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for SLM.

How were SLM's earnings last quarter?

SLM Corp (NASDAQ:SLM) posted its quarterly earnings data on Wednesday, April, 22nd. The credit services provider reported $0.79 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.88 by $0.09. The credit services provider had revenue of $400.12 million for the quarter, compared to the consensus estimate of $400.70 million. SLM had a return on equity of 29.22% and a net margin of 29.36%. During the same quarter last year, the business earned $0.34 earnings per share. View SLM's earnings history.

How often does SLM pay dividends? What is the dividend yield for SLM?

SLM announced a quarterly dividend on Thursday, April 30th. Shareholders of record on Friday, June 5th will be paid a dividend of $0.03 per share on Monday, June 15th. This represents a $0.12 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, June 4th. View SLM's dividend history.

What price target have analysts set for SLM?

6 analysts have issued 1-year price targets for SLM's shares. Their forecasts range from $9.00 to $14.00. On average, they expect SLM's share price to reach $12.00 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price. View analysts' price targets for SLM.

Has SLM been receiving favorable news coverage?

Media coverage about SLM stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. 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 sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage 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 term. View the latest news aboutSLM.

Are investors shorting SLM?

SLM saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 43,360,000 shares, a decline of 8.1% from the March 31st total of 47,200,000 shares. Based on an average daily trading volume, of 5,390,200 shares, the days-to-cover ratio is presently 8.0 days. Currently, 11.7% of the shares of the company are sold short. View SLM's Current Options Chain.

Who are some of SLM's key competitors?

What other stocks do shareholders of SLM own?

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 (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Gran Tierra Energy (GTE) and Express (EXPR).

Who are SLM's key executives?

SLM's management team includes the following 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. Nicolas Jafarieh, Sr. VP & Gen. Counsel (Age 44)
  • Mr. Jeffrey F. Dale, Chief Risk Officer & Sr. VP (Age 57)

What is SLM's stock symbol?

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

Who are SLM's major shareholders?

SLM's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.74%), ValueAct Holdings L.P. (8.61%), Wellington Management Group LLP (3.33%), State Street Corp (2.82%), Massachusetts Financial Services Co. MA (2.23%) and Jennison Associates LLC (1.52%). Company insiders that own SLM stock include Earl A Goode, Jed H Pitcher, Jonathan Boyles, Paul F Thome and Steven Mcgarry. View institutional ownership trends for SLM.

Which major investors are selling SLM stock?

SLM stock was sold by a variety of institutional investors in the last quarter, including ValueAct Holdings L.P., BlackRock Inc., Bayview Asset Management LLC, Ceredex Value Advisors LLC, Jennison Associates LLC, Nuveen Asset Management LLC, Wellington Management Group LLP, and Victory Capital Management Inc.. View insider buying and selling activity for SLM.

Which major investors are buying SLM stock?

SLM stock was acquired by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Philadelphia Financial Management of San Francisco LLC, Wedge Capital Management L L P NC, Deutsche Bank AG, Invesco Ltd., Portolan Capital Management LLC, Aperio Group LLC, and BNP Paribas Arbitrage SA. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is SLM's stock price today?

One share of SLM stock can currently be purchased for approximately $7.68.

How big of a company is SLM?

SLM has a market capitalization of $2.88 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.

What is SLM's official website?

The official website for SLM is www.salliemae.com.

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff

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