Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis → Gold Mania (From Stansberry Research) (Ad) Free SLM Stock Alerts $22.01 +0.53 (+2.47%) (As of 05/3/2024 08:53 PM ET) Add Compare Share Share Today's Range$21.68▼$22.0250-Day Range$19.55▼$22.1052-Week Range$12.26▼$22.37Volume1.21 million shsAverage Volume2.11 million shsMarket Capitalization$4.84 billionP/E Ratio6.88Dividend Yield2.00%Price Target$21.32 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/Downside3.1% Downside$21.32 Price TargetShort InterestBearish5.64% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.62Based on 8 Articles This WeekInsider TradingSelling Shares$1.95 M Sold Last QuarterProj. Earnings Growth7.64%From $2.75 to $2.96 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.4.57 out of 5 starsFinance Sector135th out of 874 stocksPersonal Credit Institutions Industry4th 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 2.00%, 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 13.75%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 14.86% 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 2.6 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.62. 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 8 news articles for SLM this week, compared to 7 articles on an average week.Search InterestOnly 1 people have searched for SLM on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat Follows2 people have added SLM to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $1,949,296.00 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 7.64% in the coming year, from $2.75 to $2.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 6.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.79.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 6.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.74.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 2.60. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchGold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).See his free reveal right here. 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 HeadlinesMay 2, 2024 | msn.comWhat do cicada songs sound like and why do they make so much noise?May 2, 2024 | msn.comJohannesburg Stock Exchange: High Volume Trading in '20JUN24 SLM CSH' Single Stock FutureMay 6, 2024 | Colonial Metals (Ad)The asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.April 29, 2024 | msn.comUS calls for regional powers to stop supporting Sudanese warring partiesApril 29, 2024 | businesswire.comSallie Mae Releases Environmental, Social, and Governance (ESG) ReportApril 28, 2024 | finance.yahoo.comSLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11April 27, 2024 | msn.comBelgium to supply Ukraine with air defense missiles and back German initiative with 200 millions eurosApril 27, 2024 | americanbankingnews.comRoyal Bank of Canada Increases SLM (NASDAQ:SLM) Price Target to $25.00May 6, 2024 | Stansberry Research (Ad)41 banks launch ‘crypto dollar’Everyone knows the US financial system is in the middle of a radical change... The White House wants an all-digital dollar. Plus at least 41 major banks (see if your bank is one of them right here).April 27, 2024 | americanbankingnews.comSLM (NASDAQ:SLM) Given New $23.00 Price Target at JPMorgan Chase & Co.April 27, 2024 | americanbankingnews.comWedbush Increases SLM (NASDAQ:SLM) Price Target to $28.00April 27, 2024 | americanbankingnews.comQ2 2024 EPS Estimates for SLM Co. (NASDAQ:SLM) Decreased by WedbushApril 26, 2024 | businesswire.comThe Sallie Mae Fund Grants $75,000 to DC College Access Program to Support Higher Education Access and CompletionApril 26, 2024 | finance.yahoo.comSLM First Quarter 2024 Earnings: Beats ExpectationsApril 26, 2024 | finance.yahoo.comSLM Corporation (NASDAQ:SLM) Q1 2024 Earnings Call TranscriptApril 26, 2024 | americanbankingnews.comSLM Co. (NASDAQ:SLM) Given Average Rating of "Moderate Buy" by AnalystsApril 25, 2024 | markets.businessinsider.comThe Analyst Landscape: 5 Takes On SLMApril 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 | 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 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 ResultsSee 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 Earnings4/24/2024Today5/05/2024Ex-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-3.1%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio6.88 Forward P/E Ratio8.00 P/E Growth0.44Net Income$581.39 million Net Margins25.15% Pretax Margin33.74% Return on Equity45.65% Return on Assets2.63% Debt Debt-to-Equity Ratio2.67 Current Ratio1.23 Quick Ratio1.23 Sales & Book Value Annual Sales$2.84 billion Price / Sales1.70 Cash Flow$3.05 per share Price / Cash Flow7.22 Book Value$8.48 per share Price / Book2.60Miscellaneous Outstanding Shares219,720,000Free Float217,717,000Market Cap$4.84 billion OptionableOptionable Beta1.17 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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 & InstitutionsMutual of America Capital Management LLCSold 9,094 shares on 5/2/2024Ownership: 0.060%Daiwa Securities Group Inc.Bought 9,400 shares on 5/2/2024Ownership: 0.005%BNP Paribas Financial MarketsBought 28,236 shares on 5/1/2024Ownership: 0.029%Mirae Asset Global Investments Co. Ltd.Bought 664 shares on 5/1/2024Ownership: 0.010%Allspring Global Investments Holdings LLCBought 1,883 shares on 4/30/2024Ownership: 0.003%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 targets for SLM's stock. Their SLM share price targets range from $16.00 to $28.00. On average, they predict the company's share price to reach $21.32 in the next year. This suggests that the stock has a possible downside of 3.1%. 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 15.1% and is now trading at $22.01. 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) announced its quarterly earnings data on Wednesday, April, 24th. The credit services provider reported $1.27 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.18. The credit services provider had revenue of $837.72 million for the quarter, compared to analyst estimates of $376.43 million. SLM had a net margin of 25.15% and a trailing twelve-month return on equity of 45.65%. 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 announced a quarterly dividend on Monday, April 22nd. Investors of record on Thursday, June 6th will be given a dividend of $0.11 per share on Monday, June 17th. This represents a $0.44 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date 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 2.00%. The dividend payout ratio is 13.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 14.86% 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), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and Cambria Shareholder Yield ETF (SYLD). How will SLM's stock buyback program work? SLM declared that its board has initiated 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 reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership 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 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 many different institutional and retail investors. Top institutional shareholders include Assenagon Asset Management S.A. (1.14%), Polaris Capital Management LLC (0.76%), Vest Financial LLC (0.41%), Principal Financial Group Inc. (0.38%), ARGA Investment Management LP (0.27%) and Los Angeles Capital Management LLC (0.27%). Insiders that own company stock include Donna F Vieira, Jonathan Boyles, Nicolas Jafarieh 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 5/6/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsElon to Transform U.S. Economy? Porter & CompanyCould Your Accounts Be Frozen?Allegiance Gold41 banks launch ‘crypto dollar’Stansberry ResearchDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsDems have chosen Biden replacement?Paradigm PressThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe A.I. story nobody is telling you (Read ASAP)TradeSmith 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
