Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free SLM Stock Alerts $21.79 +0.19 (+0.88%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$21.55▼$21.9450-Day Range$18.99▼$21.7952-Week Range$11.61▼$21.94Volume2.36 million shsAverage Volume2.64 million shsMarket Capitalization$4.80 billionP/E Ratio9.08Dividend Yield2.02%Price Target$19.77 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 Buy2.82 Rating ScoreUpside/Downside9.3% Downside$19.77 Price TargetShort InterestBearish4.94% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.35Based on 13 Articles This WeekInsider TradingSelling Shares$2.20 M Sold Last QuarterProj. Earnings Growth9.40%From $2.66 to $2.91 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.4.65 out of 5 starsFinance Sector96th out of 860 stocksPersonal Credit Institutions Industry4th out of 13 stocks 1.4 Analyst's Opinion Consensus RatingSLM 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $19.77, SLM has a forecasted downside of 9.3% from its current price of $21.79.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 Shorted4.94% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in SLM has recently increased by 0.09%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 2.04%, 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 15.12% 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 2.4 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.35. 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 is a lower news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 13 news articles for SLM this week, compared to 6 articles on an average week.Search InterestOnly 4 people have searched for SLM on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added SLM to their MarketBeat watchlist in the last 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 9.40% in the coming year, from $2.66 to $2.91 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 9.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.90.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 9.08, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.16.Price to Earnings Growth RatioSLM has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSLM has a P/B Ratio of 3.03. 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 Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> 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 HeadlinesMarch 29, 2024 | americanbankingnews.comWedbush Weighs in on SLM Co.'s Q2 2025 Earnings (NASDAQ:SLM)March 29, 2024 | msn.comSLM-Minawi deploys additional 1,500-strong force to fight RSFMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 27, 2024 | msn.comDarfur Humanitarian Forum - Slm-Aw Calls for 'Declaration of Famine'March 25, 2024 | businesswire.comApplication Window Now Open for The Sallie Mae Fund's Bridging the Dream Scholarship ProgramMarch 23, 2024 | americanbankingnews.comSLM (NASDAQ:SLM) Sets New 12-Month High at $21.49March 23, 2024 | americanbankingnews.comSLM (NASDAQ:SLM) Reaches New 1-Year High at $21.49March 18, 2024 | msn.comFarewell Airbus A340: Surinam Airways To Operate Final Flight This MonthMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 17, 2024 | msn.comPutin touts Avangard's potential to bypass US missile defenceMarch 16, 2024 | finance.yahoo.comSLM Apr 2024 9.000 callMarch 16, 2024 | finance.yahoo.comSLM Apr 2024 7.000 putMarch 16, 2024 | finance.yahoo.comSLM Oct 2024 14.000 putMarch 15, 2024 | markets.businessinsider.comSLM’s Strengthening Financial Position Warrants a Buy RatingMarch 15, 2024 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: SLM (SLM), Discover Financial Services (DFS) and Futu Holdings (FUTU)March 14, 2024 | finance.yahoo.comScholly Returning to ABC’s ‘Shark Tank’ for Company Update on March 15March 14, 2024 | msn.comIRIS-T SLM in process of entering IBCS networkMarch 14, 2024 | msn.comMessi dealing with injury in right hamstring area, likely will miss Miami's match versus D.C. UnitedMarch 14, 2024 | stockhouse.comScholly Returning to ABC's 'Shark Tank' for Company Update on March 15March 12, 2024 | finance.yahoo.comSanlam Full Year 2023 Earnings: EPS: R5.63 (vs R5.44 in FY 2022)March 6, 2024 | msn.comSLM-TC leader criticizes Sudan’s humanitarian access plan, calls for inclusive approachMarch 5, 2024 | msn.comSLM senior VP Boyles sells 94,078 common sharesMarch 3, 2024 | msn.comYou Can Shop This Month's Amazon Bestsellers NowMarch 2, 2024 | investing.comSLM Corp (SLM)March 1, 2024 | msn.comSmart Lift & Mobility World 2024 by Vigo Communications to be held in BengaluruMarch 1, 2024 | nasdaq.comFirst Week of July 19th Options Trading For SLMMarch 1, 2024 | msn.comSmart Lift & Mobility World 2024 launched in BengaluruSee 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 Last Earnings1/30/2024Ex-Dividend for 3/15 Dividend3/01/2024Dividend Payable3/15/2024Today3/29/2024Next Earnings (Estimated)4/24/2024Fiscal 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$19.77 High Stock Price Target$25.00 Low Stock Price Target$16.00 Potential Upside/Downside-9.3%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.40 Trailing P/E Ratio9.08 Forward P/E Ratio8.19 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 / Sales1.69 Cash Flow$3.14 per share Price / Cash Flow6.93 Book Value$7.20 per share Price / Book3.03Miscellaneous Outstanding Shares220,350,000Free Float218,345,000Market Cap$4.80 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 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. Jonathan R. Boyles (Age 57)Senior VP & Controller Mr. Richard M. NelsonSenior VP, Chief Regulatory Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsNelnetNYSE:NNICredit AcceptanceNASDAQ:CACCOneMainNYSE:OMFEnova InternationalNYSE:ENVAOaktree Specialty LendingNASDAQ:OCSLView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 30,462 shares on 3/25/2024Ownership: 0.014%PNC Financial Services Group Inc.Bought 1,311 shares on 3/22/2024Ownership: 0.008%Vanguard Group Inc.Bought 1,151,557 shares on 3/11/2024Ownership: 15.038%Wellington Management Group LLPBought 66,007 shares on 3/5/2024Ownership: 0.151%Jonathan BoylesSold 94,078 sharesTotal: $1.95 M ($20.72/share)View All Insider TransactionsView All Institutional Transactions 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 twelve months. 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 research analysts have issued 12 month price objectives for SLM's shares. Their SLM share price targets range from $16.00 to $25.00. On average, they anticipate the company's share price to reach $19.77 in the next year. This suggests that the stock has a possible downside of 9.3%. 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 shares have increased by 14.0% and is now trading at $21.79. 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) issued its quarterly earnings results on Tuesday, January, 30th. The credit services provider reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by $0.15. The credit services provider had revenue of $725.66 million for the quarter, compared to analyst estimates of $379.20 million. SLM had a trailing twelve-month return on equity of 36.86% and a net margin of 20.65%. During the same quarter in the prior year, the company earned ($0.33) earnings per share. How often does SLM pay dividends? What is the dividend yield for SLM? SLM declared a quarterly dividend on Tuesday, January 23rd. Shareholders of record on Monday, March 4th will be given a dividend of $0.11 per share on Friday, March 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.02%. The ex-dividend date of this dividend 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 2.04%. 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 15.12% 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 Invesco S&P MidCap 400 Pure Growth ETF (RFG), Alpha Intelligent - Large Cap Value ETF (AILV), Vident Core U.S. Equity Fund (VUSE) and Avantis U.S. Small Cap Value ETF (AVUV).Global X Millennial Consumer ETF (MILN). How will SLM's stock buyback program work? SLM declared that its board has authorized a stock buyback plan on Wednesday, January 24th 2024, which permits the company to buyback $650,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 14.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued. What guidance has SLM issued on next quarter's earnings? SLM issued an update on its FY 2024 earnings guidance on Thursday, January, 25th. The company provided earnings per share 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? 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 many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (14.64%), Vanguard Group Inc. (15.04%), Massachusetts Financial Services Co. MA (5.32%), Boston Partners (5.21%), Hotchkis & Wiley Capital Management LLC (2.90%) and Dimensional Fund Advisors LP (2.86%). 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 3/29/2024 by MarketBeat.com Staff From Our PartnersDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingFed launches fourth dollar overhaulStansberry ResearchMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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