Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

SLM Corp (SLM)

NASDAQ
Currency in USD
26.56
-0.82(-2.99%)
Closed
After Hours
26.00-0.56(-2.11%)
SLM Scorecard
Full Analysis
9 analysts have revised their earnings upwards for the upcoming period
Unusual trading volume
Fair Value
Day's Range
26.5127.32
52 wk Range
15.6428.22
Key Statistics
Edit
Prev. Close
26.56
Open
27.25
Day's Range
26.51-27.32
52 wk Range
15.64-28.22
Volume
3.78M
Average Volume (3m)
1.86M
1-Year Change
68.85%
Book Value / Share
unlockUnlock
Fair Value
unlockUnlock
Fair Value Upside
unlockUnlock
SLM Scorecardpro icon
Company’s Health
pro lockUnlock
Fair Value
pro lockUnlock Price
Fair Pricepro lock
Upsidepro lock
Price Target
27.83
Upside
+4.78%
Members' Sentiments
Bearish
Bullish
ProTips
High return over the last year
Show more

SLM Corp Company Profile

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.

Sector
Financial
Employees
1700

SLM Corp SWOT Analysis


Market Dominance
Explore Sallie Mae's commanding 50%+ market share in private student loans, positioning it as a leader in a growing industry with potential for expansion.
Financial Resilience
Delve into Sallie Mae's robust financial performance, with projected growth in net interest income and total assets through fiscal year 2026.
Strategic Loan Sales
Learn about Sallie Mae's "loan sale arbitrage" strategy, driving higher ROE and supporting stock buybacks while maintaining a strong balance sheet.
Analyst Outlook
Discover why analysts project stable growth for Sallie Mae, with price targets ranging from $23 to $27 and potential for upward revisions in EPS guidance.
Read full SWOT analysis
SLM Full Pro Research
Institutional-Grade Stock Analysis
Understand how SLM earns money
Financial health at a glance
Bearish and bullish outlooks
Latest expert insights
Actionable Pro Tips, and many more...
Gain access to 1400+ in-depth research reports on the most popular US stocks

SLM Corp Earnings Call Summary for Q4/2024

  • Q3 private education loan originations up 13% YoY to $2.8B; GAAP net loss per share of $0.23 due to new commitment allowances
  • Credit quality improved; net charge-offs at $77M; 2024 guidance revised to 8-9% loan origination growth; charge-offs expected $325M-$340M
  • 5.3M shares repurchased; 52% reduction since 2020; quarterly dividend increased to $0.13; FFELP loans transitioning to $0.5B with Q4 sale planned
  • Management optimistic despite 2024 pressures; Q4 expected to improve due to decreasing reserve rates and lower net charge-offs
  • Delinquencies up, particularly in 30-59 day category; NIM compression expected to continue into early next year
Last Updated: 24/10/2024, 09:14 pm
Read Full Transcript

Compare SLM to Peers and Sector

Metrics to compare
SLM
Peers
Sector
Relationship
P/E Ratio
8.7x22.4x8.7x
PEG Ratio
0.070.030.03
Price/Book
3.0x2.8x1.0x
Price / LTM Sales
3.6x0.6x2.8x
Upside (Analyst Target)
1.7%3.9%10.1%
Fair Value Upside
Unlock0.2%2.8%Unlock

Analysts' Recommendations

11 Buy
1 Hold
0 Sell
Ratings:
12 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 27.83

(+4.79% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 2.95
Dividend Yield
1.96%
Industry Median 4.56%
Annualised payout
0.5200
Paid quarterly
5-Years Growth
+37.35%
Growth Streak

People Also Watch

117.69
HWM
-0.58%
99.30
ACGL
-1.41%
67.09
SYF
-0.64%
157.58
CINF
-1.41%

FAQ

What Is the SLM (SLM) Stock Price Today?

The SLM stock price today is 26.56

What Stock Exchange Does SLM Trade On?

SLM is listed and trades on the NASDAQ stock exchange.

What Is the Stock Symbol for SLM?

The stock symbol for SLM is "SLM."

Does SLM Pay Dividends? What’s The Current Dividend Yield?

The SLM dividend yield is 1.96%.

What Is the SLM Market Cap?

As of today, SLM market cap is 5.64B.

What is SLM Earnings Per Share?

The SLM EPS is 2.95.

What Is the Next SLM Earnings Date?

SLM will release its next earnings report on 21 Jan 2025.

From a Technical Analysis Perspective, Is SLM a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.