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NASDAQ:SLM

SLM (SLM) Stock Price, News & Analysis

SLM logo
$27.55 -0.32 (-1.15%)
(As of 05:35 PM ET)

About SLM Stock (NASDAQ:SLM)

Key Stats

Today's Range
$27.38
$27.82
50-Day Range
$21.37
$28.14
52-Week Range
$18.04
$28.24
Volume
1.82 million shs
Average Volume
1.92 million shs
Market Capitalization
$5.85 billion
P/E Ratio
9.60
Dividend Yield
1.89%
Price Target
$27.27
Consensus Rating
Moderate Buy

Company Overview

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 is also involved in the provision of retail deposit accounts, including certificates of deposit, money market 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 Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
98th Percentile Overall Score

SLM MarketRank™: 

SLM scored higher than 98% of companies evaluated by MarketBeat, and ranked 28th out of 948 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    SLM has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about SLM's stock forecast and price target.
  • Earnings Growth

    Earnings for SLM are expected to grow by 13.92% in the coming year, from $2.73 to $3.11 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SLM is 9.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.27.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of SLM is 9.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.97.

  • Price to Earnings Growth Ratio

    SLM has a PEG Ratio of 0.85. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    SLM has a P/B Ratio of 3.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    3.90% of the float of SLM has been sold short.
  • Short Interest Ratio / Days to Cover

    SLM has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SLM has recently increased by 1.37%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    SLM pays a meaningful dividend of 1.86%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    SLM does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of SLM is 18.12%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, SLM will have a dividend payout ratio of 16.72% next year. This indicates that SLM will be able to sustain or increase its dividend.

  • Read more about SLM's dividend.
  • Percentage of Shares Shorted

    3.90% of the float of SLM has been sold short.
  • Short Interest Ratio / Days to Cover

    SLM has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SLM has recently increased by 1.37%, indicating that investor sentiment is decreasing.
  • News Sentiment

    SLM has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for SLM this week, compared to 8 articles on an average week.
  • Search Interest

    4 people have searched for SLM on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • MarketBeat Follows

    1 people have added SLM to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, SLM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $122,625.00 in company stock.

  • Percentage Held by Insiders

    Only 1.20% of the stock of SLM is held by insiders.

  • Percentage Held by Institutions

    98.94% of the stock of SLM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about SLM's insider trading history.
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SLM Stock News Headlines

Peering Into SLM's Recent Short Interest
Kamala’s final humiliation
The investments connected to Trump's second term in ways that almost nobody outside his inner circle is aware of… yet have the potential to deliver colossal returns over the next four years. I’m not talking about Tesla, Palantir, or anything else you’ve heard parroted by the mainstream financial press. No. These are Trump’s Secret Stocks.
A Look Into SLM Inc's Price Over Earnings
Morgan Stanley Keeps Their Buy Rating on SLM (SLM)
SLM (NASDAQ:SLM) Hits New 12-Month High on Analyst Upgrade
See More Headlines

SLM Stock Analysis - Frequently Asked Questions

SLM's stock was trading at $19.12 at the beginning of the year. Since then, SLM stock has increased by 44.1% and is now trading at $27.55.
View the best growth stocks for 2024 here
.

SLM Co. (NASDAQ:SLM) posted its quarterly earnings results on Wednesday, October, 23rd. The credit services provider reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.30. The credit services provider had revenue of $652.64 million for the quarter, compared to analyst estimates of $363.40 million. SLM had a net margin of 22.18% and a trailing twelve-month return on equity of 35.92%.

SLM's board authorized a share repurchase program on Wednesday, January 24th 2024, which allows the company to repurchase $650,000,000 in outstanding shares, according to EventVestor. This means that the company could reacquire up to 14.5% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that SLM investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), Arista Networks (ANET) and General Electric (GE).

Company Calendar

Last Earnings
10/23/2024
Ex-Dividend for 12/16 Dividend
12/05/2024
Dividend Payable
12/16/2024
Today
12/30/2024
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
1,740
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$27.27
High Stock Price Target
$32.00
Low Stock Price Target
$23.00
Potential Upside/Downside
-1.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.82
Research Coverage
11 Analysts

Profitability

Net Income
$581.39 million
Pretax Margin
29.73%

Debt

Sales & Book Value

Annual Sales
$1.90 billion
Cash Flow
$3.11 per share
Book Value
$7.20 per share

Miscellaneous

Free Float
209,782,000
Market Cap
$5.88 billion
Optionable
Optionable
Beta
1.21

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This page (NASDAQ:SLM) was last updated on 12/30/2024 by MarketBeat.com Staff
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