S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed

SLM (SLM) Stock Price, News & Analysis

$19.60
+0.10 (+0.51%)
(As of 02/9/2024 08:57 PM ET)
Today's Range
$19.38
$19.70
50-Day Range
$15.84
$20.56
52-Week Range
$10.81
$20.60
Volume
1.98 million shs
Average Volume
2.09 million shs
Market Capitalization
$4.43 billion
P/E Ratio
8.17
Dividend Yield
2.24%
Price Target
$19.77

SLM MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.82 Rating Score
Upside/​Downside
0.9% Upside
$19.77 Price Target
Short Interest
Bearish
4.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.15
Upright™ Environmental Score
News Sentiment
0.79mentions of SLM in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$249,483 Sold Last Quarter
Proj. Earnings Growth
10.57%
From $2.65 to $2.93 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.90 out of 5 stars

Finance Sector

28th out of 834 stocks

Personal Credit Institutions Industry

3rd out of 13 stocks


SLM stock logo

About SLM Stock (NASDAQ:SLM)

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. 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.

SLM Stock Price History

SLM Stock News Headlines

Obama’s 2024 Confession
Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.
Obama’s 2024 Confession
Barack Obama’s confession about the 2024 election just leaked online… In short, he’s worried Biden “could very well lose.” But before you think that means Trump will win… You should see the evidence I’ve found about an election shock that could come as soon as August 19th.
Check Out This Month's Amazon Bestsellers
Q4 2023 SLM Corp Earnings Call
Sallie Mae (SLM) Lags Q4 Earnings Estimates
Sallie Mae: Q4 Earnings Snapshot
SLM: Q4 Earnings Insights
See More Headlines
Receive SLM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for SLM and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/15 Dividend
12/01/2023
Dividend Payable
12/15/2023
Last Earnings
1/30/2024
Today
2/11/2024
Ex-Dividend for 3/15 Dividend
3/01/2024
Dividend Payable
3/15/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Personal credit institutions
Sub-Industry
Consumer Finance
Current Symbol
NASDAQ:SLM
CUSIP
78442P10
Employees
1,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.77
High Stock Price Target
$25.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+0.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
$581.39 million
Pretax Margin
27.41%

Debt

Sales & Book Value

Annual Sales
$2.84 billion
Cash Flow
$2.10 per share
Book Value
$7.20 per share

Miscellaneous

Free Float
224,212,000
Market Cap
$4.43 billion
Optionable
Optionable
Beta
1.16
5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives















SLM Stock Analysis - Frequently Asked Questions

Should I buy or sell SLM stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SLM shares.
View SLM analyst ratings
or view top-rated stocks.

What is SLM's stock price target for 2024?

11 Wall Street analysts have issued 12-month price targets for SLM's shares. Their SLM share price targets range from $16.00 to $25.00. On average, they expect the company's share price to reach $19.77 in the next year. This suggests a possible upside of 0.9% from the stock's current price.
View analysts price targets for SLM
or view top-rated stocks among Wall Street analysts.

How have SLM shares performed in 2024?

SLM's stock was trading at $19.12 at the beginning of 2024. Since then, SLM stock has increased by 2.5% and is now trading at $19.60.
View the best growth stocks for 2024 here
.

When is SLM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our SLM earnings forecast
.

How were SLM's earnings last quarter?

SLM Co. (NASDAQ:SLM) announced its quarterly earnings data on Tuesday, January, 30th. The credit services provider reported $0.72 EPS for the quarter, missing the consensus estimate of $0.87 by $0.15. The credit services provider earned $725.66 million during the quarter, compared to analysts' expectations of $379.20 million. SLM had a net margin of 20.65% and a trailing twelve-month return on equity of 36.86%. During the same period last year, the business earned ($0.33) earnings per share.

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

SLM announced a quarterly dividend on Tuesday, January 23rd. Stockholders of record on Monday, March 4th will be paid a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.24%. The ex-dividend date is Friday, March 1st.
Read our dividend analysis for SLM
.

Is SLM a good dividend stock?

SLM (NASDAQ:SLM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.24%. The dividend payout ratio is 18.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 15.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SLM.

How will SLM's stock buyback program work?

SLM announced that its board has initiated a stock buyback plan on Wednesday, January 24th 2024, which authorizes the company to buyback $650,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its stock is undervalued.

What guidance has SLM issued on next quarter's earnings?

SLM updated its FY 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share (EPS) guidance of 2.600-2.700 for the period, compared to the consensus earnings per share estimate of 2.730. The company issued revenue guidance of -.

What is Jonathan Witter's approval rating as SLM's CEO?

12 employees have rated SLM Chief Executive Officer Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among the company's employees.

What other stocks do shareholders of SLM own?
Who are SLM's major shareholders?

SLM's stock is owned by many different institutional and retail investors. Top institutional investors include Massachusetts Financial Services Co. MA (5.32%), Boston Partners (5.21%), Dimensional Fund Advisors LP (2.86%), Polaris Capital Management LLC (1.08%), Norges Bank (0.97%) and Charles Schwab Investment Management Inc. (0.76%). Insiders that own company stock include Donna F Vieira, Jonathan Boyles, Mary Carter Warren Franke, Nicolas Jafarieh, Robert S Strong and Steven Mcgarry.
View institutional ownership trends
.

How do I buy shares of SLM?

Shares of SLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SLM) was last updated on 2/12/2024 by MarketBeat.com Staff

My Account -