SLM (SLM) Expected to Announce Quarterly Earnings on Wednesday

SLM (NASDAQ:SLM) will likely be announcing its Q2 2025 earnings results after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.54 per share and revenue of $370.26 million for the quarter. SLM has set its FY 2025 guidance at 3.000-3.100 EPS.

SLM (NASDAQ:SLM) last issued its quarterly earnings results on Thursday, April 24th. The credit services provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.21. The company had revenue of $374.97 million during the quarter, compared to analysts’ expectations of $359.83 million. SLM had a net margin of 21.05% and a return on equity of 31.25%. SLM’s revenue was up 3.5% on a year-over-year basis. During the same period last year, the company posted $1.27 EPS. On average, analysts expect SLM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLM Stock Down 2.8%

NASDAQ:SLM opened at $32.63 on Wednesday. The firm has a market cap of $6.85 billion, a P/E ratio of 11.74, a P/E/G ratio of 0.92 and a beta of 1.09. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.34 and a current ratio of 1.34. SLM has a fifty-two week low of $19.39 and a fifty-two week high of $34.97. The firm has a 50-day simple moving average of $32.78 and a two-hundred day simple moving average of $30.10.

SLM Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 16th. Stockholders of record on Thursday, June 5th were paid a $0.13 dividend. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.59%. SLM’s dividend payout ratio is presently 18.71%.

Insider Activity

In other SLM news, Director Robert S. Strong sold 3,000 shares of the firm’s stock in a transaction on Friday, May 2nd. The stock was sold at an average price of $31.15, for a total value of $93,450.00. Following the transaction, the director owned 35,195 shares in the company, valued at approximately $1,096,324.25. This trade represents a 7.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.30% of the stock is owned by company insiders.

Hedge Funds Weigh In On SLM

Institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. lifted its stake in SLM by 33.4% in the first quarter. Goldman Sachs Group Inc. now owns 547,724 shares of the credit services provider’s stock valued at $16,087,000 after buying an additional 137,285 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in SLM in the first quarter valued at approximately $263,000. Finally, NewEdge Advisors LLC lifted its stake in SLM by 6.6% in the first quarter. NewEdge Advisors LLC now owns 21,350 shares of the credit services provider’s stock valued at $627,000 after buying an additional 1,319 shares during the last quarter. 98.94% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on SLM. Barclays boosted their target price on shares of SLM from $34.00 to $38.00 and gave the company an “overweight” rating in a research report on Friday, May 30th. Wells Fargo & Company boosted their target price on shares of SLM from $34.00 to $38.00 and gave the company an “overweight” rating in a research report on Wednesday, May 14th. JPMorgan Chase & Co. raised shares of SLM from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $29.00 to $38.00 in a report on Friday, July 11th. Morgan Stanley reaffirmed an “overweight” rating and set a $40.00 price target (up previously from $33.00) on shares of SLM in a report on Wednesday, May 21st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of SLM in a report on Monday. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.40.

About 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.