Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis → The Best AI Stock to Own in the World Today is Trading for Just $25 (From Banyan Hill Publishing) (Ad) Free SLM Stock Alerts $22.10 +0.17 (+0.78%) (As of 04/24/2024 ET) Add Compare Share Share Today's Range$21.76▼$22.2150-Day Range$19.55▼$22.1052-Week Range$12.26▼$22.20Volume2.05 million shsAverage Volume1.15 million shsMarket Capitalization$4.87 billionP/E Ratio9.21Dividend Yield1.99%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/Downside8.1% Downside$20.32 Price TargetShort InterestBearish5.76% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.31Based on 32 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.4.26 out of 5 starsFinance Sector237th out of 854 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 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.76% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 5.4.Change versus previous monthShort interest in SLM has recently increased by 16.53%, indicating that investor sentiment is decreasing significantly. 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 1.8 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.31. 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 0.51 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 32 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 9.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.97.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 9.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 60.74.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 3.07. 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 Insider FinancialThousands of investors use this no cost solution | Do you? In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.Simply tap here now to subscribe and start getting "Insider Financial Advantage" 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.comSLM Stock Earnings: SLM Beats EPS, Misses Revenue for Q1 2024April 24, 2024 | sfgate.comSallie Mae: Q1 Earnings SnapshotApril 25, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 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 24, 2024 | finance.yahoo.comSLM Corp (SLM) Exceeds Analysts' Q1 Earnings Expectations with Strong Financial PerformanceApril 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 25, 2024 | DTI (Ad)A new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… April 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 WednesdayApril 16, 2024 | msn.comBerlin Icebreaker 2024: TV channel, live stream, schedule for Berlin Raceway's season-openerApril 14, 2024 | msn.comInternal split in SLM-TC leads to clashes in El FasherApril 12, 2024 | msn.comDarfur joint force reiterates support for Sudanese army, vows to defend El FasherApril 10, 2024 | finance.yahoo.comSallie Mae to Release First-Quarter 2024 Financial Results on April 24See 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 Dividend6/06/2024Dividend Payable6/17/2024Fiscal 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$20.32 High Stock Price Target$25.00 Low Stock Price Target$16.00 Potential Upside/Downside-8.1%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$2.40 Trailing P/E Ratio9.21 Forward P/E Ratio8.13 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 / Sales1.72 Cash Flow$3.07 per share Price / Cash Flow7.19 Book Value$7.20 per share Price / Book3.07Miscellaneous Outstanding Shares220,350,000Free Float218,345,000Market Cap$4.87 billion OptionableOptionable Beta1.16 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 twelve months. 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 brokerages 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 expect the company's share price to reach $20.32 in the next year. This suggests that the stock has a possible downside of 8.1%. 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 on January 1st, 2024. Since then, SLM shares have increased by 15.6% and is now trading at $22.10. View the best growth stocks for 2024 here. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) posted its quarterly earnings results on Wednesday, April, 24th. The credit services provider reported $1.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.29. 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 $0.47 EPS. How often does SLM pay dividends? What is the dividend yield for SLM? SLM declared a quarterly dividend on Monday, April 22nd. Shareholders 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 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, June 6th. 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 declared that its Board of Directors has approved a share 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 reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are usually 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 issued an update on its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share (EPS) guidance of 2.600-2.700 for the period, compared to the consensus 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 PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarHe Is Giving Away BitcoinCrypto Swap ProfitsBitcoin Rockets To Record High But Buy THIS InsteadParadigm Presstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyPrepare for a recession unlike any otherAmerican Hartford Gold GroupWill this $2 AI stock double overnight?Behind the MarketsRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority Gold Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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