Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis → World’s biggest multibillionaire investor is buying THIS by the ton [picture] (From Stansberry Research) (Ad) Free SLM Stock Alerts $21.93 -0.17 (-0.77%) (As of 05:13 PM ET) Add Compare Share Share Today's Range$21.47▼$22.3750-Day Range$19.55▼$22.1052-Week Range$12.26▼$22.37Volume2.94 million shsAverage Volume2.16 million shsMarket Capitalization$4.83 billionP/E Ratio9.14Dividend Yield2.01%Price Target$20.32 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get SLM alerts: Email Address SLM MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside2.8% Downside$21.32 Price TargetShort InterestBearish5.64% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.40Based on 39 Articles This WeekInsider TradingSelling Shares$2.20 M Sold Last QuarterProj. Earnings Growth7.72%From $2.72 to $2.93 Per ShareSee Full Details Hide Full Details 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.4.45 out of 5 starsFinance Sector239th out of 859 stocksPersonal Credit Institutions Industry6th out of 14 stocks 1.4 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSLM has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted5.64% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in SLM has recently decreased by 2.08%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 2.01%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSLM does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SLM is 18.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 15.02% next year. This indicates that SLM will be able to sustain or increase its dividend. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSLM has received a 71.01% net impact score from Upright. Sallie Mae seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is false driven by its "Student loans provided by online banks", "Student loan management services", and "Consumer savings accounts provided by online banks" products. See details.Environmental SustainabilityThe Environmental Impact score for SLM is -0.15. Previous Next 1.9 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.40. 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 WeekMarketBeat has tracked 39 news articles for SLM this week, compared to 6 articles on an average week.Search InterestOnly 3 people have searched for SLM on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added SLM to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $2,198,779.00 in company stock.Percentage Held by InsidersOnly 0.91% of the stock of SLM is held by insiders.Percentage Held by Institutions98.94% of the stock of SLM is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for SLM are expected to grow by 7.72% in the coming year, from $2.72 to $2.93 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 9.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.10.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 9.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.87.Price to Earnings Growth RatioSLM has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSLM has a P/B Ratio of 3.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. 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 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.Read More SLM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLM Stock News HeadlinesApril 25, 2024 | msn.comJSE Reports Single Stock Dividend Neutral Future Transactions 20JUN24 SLM PHY DNApril 25, 2024 | finance.yahoo.comSLM Corp (SLM) Q1 2024 Earnings Call Transcript Highlights: Strong Performance and Strategic ...April 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 25, 2024 | finance.yahoo.comQ1 2024 SLM Corp Earnings CallApril 25, 2024 | msn.comSLM Stock Earnings: SLM Beats EPS, Misses Revenue for Q1 2024April 24, 2024 | sfgate.comSallie Mae: Q1 Earnings SnapshotApril 24, 2024 | markets.businessinsider.comSLM Corp. Q1 Income Climbs, Beats estimatesApril 24, 2024 | msn.comSallie Mae GAAP EPS of $1.27 beats by $0.19, revenue of $561M beats by $190.92MApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 24, 2024 | finance.yahoo.comSLM Corp (SLM) Exceeds Analysts' Q1 Earnings Expectations with Strong Financial PerformanceApril 24, 2024 | seekingalpha.comSLM Corporation 2024 Q1 - Results - Earnings Call PresentationApril 24, 2024 | businesswire.comSallie Mae Reports First-Quarter 2024 Financial ResultsApril 24, 2024 | msn.comMicrosoft Announces Phi-3-Mini, A Lightweight AI Model Based On SLM. Here's What It Can DoApril 24, 2024 | americanbankingnews.comSLM (NASDAQ:SLM) Sets New 52-Week High After Dividend AnnouncementApril 23, 2024 | msn.comMicrosoft Announces Advanced AI Small Enough to Run on Your PhoneApril 23, 2024 | markets.businessinsider.comSLM earnings preview: what to expectApril 22, 2024 | msn.comSallie Mae declares $0.11 dividendApril 22, 2024 | businesswire.comSallie Mae Declares Dividends on Preferred Stock Series B and Common StockApril 20, 2024 | msn.comIris-T manufacturer announces transfer of another SLM system to UkraineApril 20, 2024 | americanbankingnews.comWells Fargo & Company Increases SLM (NASDAQ:SLM) Price Target to $24.00April 20, 2024 | investing.comWells Fargo raises SLM Corp stock targetApril 19, 2024 | msn.comNew Iris-T for Ukraine and Russian losses at Dzhankoy airfield - Thursday briefApril 18, 2024 | yahoo.comAnother air defence system will be in Ukraine soon – IRIS-T manufacturerApril 18, 2024 | markets.businessinsider.comSLM’s Positive Credit Outlook and Competitive Edge Reinforce Buy RatingApril 18, 2024 | yahoo.comUkraine war latest: Russian missile launchers, radar stations destroyed in Crimea, Ukraine ups production of Bohdana howitzersApril 17, 2024 | markets.businessinsider.comOneMain Holdings: Balancing Improved Earnings with Cautious Underwriting and Economic ChallengesApril 17, 2024 | americanbankingnews.comSLM (SLM) Scheduled to Post Earnings on WednesdaySee 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. Email Address Company Calendar Ex-Dividend for 3/15 Dividend3/01/2024Dividend Payable3/15/2024Last Earnings4/24/2024Today4/25/2024Ex-Dividend for 6/17 Dividend6/05/2024Dividend Payable6/17/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Personal credit institutions Sub-IndustryConsumer Finance Current SymbolNASDAQ:SLM CUSIP78442P10 CIK1032033 Webwww.salliemae.com Phone(302) 451-0200Fax800-848-1949Employees1,740Year FoundedN/APrice Target and Rating Average Stock Price Target$21.32 High Stock Price Target$28.00 Low Stock Price Target$16.00 Potential Upside/Downside-7.3%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.40 Trailing P/E Ratio9.14 Forward P/E Ratio8.06 P/E Growth0.44Net Income$581.39 million Net Margins20.65% Pretax Margin27.41% Return on Equity36.86% Return on Assets2.01% Debt Debt-to-Equity Ratio3.21 Current Ratio1.22 Quick Ratio1.22 Sales & Book Value Annual Sales$2.84 billion Price / Sales1.70 Cash Flow$3.05 per share Price / Cash Flow7.19 Book Value$7.20 per share Price / Book3.05Miscellaneous Outstanding Shares220,350,000Free Float218,345,000Market Cap$4.83 billion OptionableOptionable Beta1.16 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Jonathan W. Witter (Age 54)CEO & Director Comp: $2.44MMs. Kerri A. Palmer (Age 53)Executive VP & COO Comp: $1.51MMs. Donna F. Vieira (Age 58)Executive VP & Chief Commercial Officer Comp: $1.18MMr. Peter M. Graham (Age 58)Executive VP & CFO Mr. Jonathan R. Boyles (Age 57)Senior VP, Controller & Principal Accounting Officer Ms. Melissa Bronaugh CPAVP & Head of Investor RelationsMr. Nicolas Jafarieh (Age 49)Executive VP and Chief Legal, Government Affairs & Communications Officer Comp: $856.3kMr. William Wolf (Age 58)Executive VP & Chief People Officer Mr. Munish PahwaExecutive VP, Chief Risk Officer & Chief Credit Risk OfficerMr. Richard M. NelsonSenior VP, Chief Regulatory Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsNelnetNYSE:NNICredit AcceptanceNASDAQ:CACCOneMainNYSE:OMFEnova InternationalNYSE:ENVAOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsAssenagon Asset Management S.A.Bought 1,638,003 shares on 4/24/2024Ownership: 1.142%Polaris Capital Management LLCSold 769,400 shares on 4/24/2024Ownership: 0.761%Amalgamated BankSold 11,933 shares on 4/23/2024Ownership: 0.064%Sapient Capital LLCSold 9,600 shares on 4/23/2024Ownership: 0.038%Shikiar Asset Management Inc.Bought 101,800 shares on 4/22/2024Ownership: 0.080%View All Insider TransactionsView All Institutional Transactions SLM Stock Analysis - Frequently Asked Questions Should I buy or sell SLM stock right now? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SLM in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street 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? 10 Wall Street research analysts have issued 1 year target prices for SLM's stock. Their SLM share price targets range from $16.00 to $28.00. On average, they expect the company's stock price to reach $21.32 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. 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 the year. Since then, SLM stock has increased by 14.7% and is now trading at $21.93. 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, July 24th 2024. View our SLM earnings forecast. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) posted its quarterly earnings data on Wednesday, April, 24th. The credit services provider reported $1.27 earnings per share for the quarter, topping analysts' consensus estimates of $1.09 by $0.18. The credit services provider earned $837.72 million during the quarter, compared to the consensus estimate of $376.43 million. SLM had a net margin of 20.65% and a trailing twelve-month return on equity of 36.86%. During the same quarter in the previous year, the company posted $0.47 earnings per share. How often does SLM pay dividends? What is the dividend yield for SLM? SLM declared a quarterly dividend on Monday, April 22nd. Investors of record on Thursday, June 6th will be paid a dividend of $0.11 per share on Monday, June 17th. This represents a $0.44 annualized dividend and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, June 5th. 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 2.01%. 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. What ETFs hold SLM's stock? ETFs with the largest weight of SLM (NASDAQ:SLM) stock in their portfolio include Adaptiv Select ETF (ADPV), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Financial AlphaDEX Fund (FXO), Alpha Intelligent - Large Cap Value ETF (AILV), FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY). How will SLM's stock buyback program work? SLM announced that its board has authorized a share buyback plan on Wednesday, January 24th 2024, which permits the company to repurchase $650,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 14.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its shares are undervalued. What guidance has SLM issued on next quarter's earnings? SLM updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided EPS guidance of 2.600-2.700 for the period, compared to the consensus earnings per share estimate of 2.690. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include Xtrackers California Municipal Bond ETF (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 Apollo Commercial Real Estate Finance (ARI). Who are SLM's major shareholders? SLM's stock is owned by a number of institutional and retail investors. Top institutional investors include Assenagon Asset Management S.A. (1.14%), Polaris Capital Management LLC (0.76%), ARGA Investment Management LP (0.27%), Los Angeles Capital Management LLC (0.27%), Shikiar Asset Management Inc. (0.08%) and Amalgamated Bank (0.06%). Insiders that own company stock include Donna F Vieira, Jonathan Boyles, 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 4/25/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithHe Is Giving Away BitcoinCrypto Swap ProfitsJim Cramer’s “The Biggest Drug Ever”Behind the MarketsThe AI stock to buy right nowStockEarningsThe only accurate crypto trading system I know …Weiss RatingsFed launches fourth dollar overhaulStansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SLM Co. 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