SLM Corporation (SLM)

NASDAQ: SLM · Real-Time Price · USD
27.79
+0.32 (1.16%)
At close: Dec 20, 2024, 4:00 PM
27.76
-0.03 (-0.11%)
After-hours: Dec 20, 2024, 6:25 PM EST
1.16%
Market Cap 5.90B
Revenue (ttm) 1.59B
Net Income (ttm) 646.56M
Shares Out 212.33M
EPS (ttm) 2.91
PE Ratio 9.57
Forward PE 9.85
Dividend $0.52 (1.87%)
Ex-Dividend Date Dec 5, 2024
Volume 9,347,588
Open 27.48
Previous Close 27.47
Day's Range 27.27 - 28.24
52-Week Range 18.04 - 28.24
Beta 1.22
Analysts Buy
Price Target 27.10 (-2.48%)
Earnings Date Jan 22, 2025

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. 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 ... [Read more]

Industry Credit Services
Sector Financials
Founded 1972
Employees 1,740
Stock Exchange NASDAQ
Ticker Symbol SLM
Full Company Profile

Financial Performance

In 2023, SLM Corporation's revenue was $1.46 billion, an increase of 23.02% compared to the previous year's $1.19 billion. Earnings were $563.69 million, an increase of 22.54%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SLM stock is "Buy." The 12-month stock price forecast is $27.1, which is a decrease of -2.48% from the latest price.

Price Target
$27.1
(-2.48% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Sallie Mae Provides Tips and Tools to Help Students and Families Access Scholarships This National Scholarship Month

NEWARK, Del.--(BUSINESS WIRE)--November is National Scholarship Month, an ideal time for students and families to explore scholarship opportunities. The key is knowing where to find them, and when, an...

5 weeks ago - Business Wire

Sallie Mae Commemorates Veterans Day With $50,000 Grant to Folds Of Honor

NEWARK, Del.--(BUSINESS WIRE)--In honor of Veterans Day, The Sallie Mae Fund today announced a $50,000 grant to Folds of Honor, reinforcing its commitment to military servicemembers and their families...

6 weeks ago - Business Wire

Sallie Mae Awards $400,000 in Scholarships to Support Access to Higher Education

NEWARK, Del.--(BUSINESS WIRE)--In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship. This year, 40 outstanding high scho...

6 weeks ago - Business Wire

SLM Corporation (SLM) Q3 2024 Earnings Call Transcript

SLM Corporation (NASDAQ:SLM) Q3 2024 Earnings Conference Call October 23, 2024 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head, Investor Relations Jon Witter - CEO & Director Pete Graham...

2 months ago - Seeking Alpha

Sallie Mae Reports Third-Quarter 2024 Financial Results and Increases Dividend on Common Stock for Fourth-Quarter 2024

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2024 financial results. Complete financial results and related materials are available a...

2 months ago - Business Wire

Sallie Mae to Release Third-Quarter 2024 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release third-quarter 2024 financial results after market close on Wednesday, Oct. 23, 2024. A live audio webca...

2 months ago - Business Wire

Sallie Mae Contributes $200,000 to Support College Access at Historically Black Colleges and Universities

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, Inc. today announced it is contributing $200,000 to HBCU Week Foundation, Inc. to support higher education access at Historically Black Colleges and...

3 months ago - Business Wire

Sallie Mae CFO to Speak at Barclays Global Financial Services Conference

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Barclays Global Financial Services Conference ...

4 months ago - Business Wire

SLM Corporation PFD SER B: Sustained High Dividend Yield, Earnings Outlook Upgrade

Despite the possibility of sluggishness in price and a fast come off in dividends for SLM's preference share listing SLMBP earlier this year, the fears turned out to be unfounded. The latest Q2 2024 r...

5 months ago - Seeking Alpha

SLM Corporation (SLM) Q2 2024 Earnings Call Transcript

SLM Corporation (NASDAQ:SLM) Q2 2024 Earnings Conference Call July 24, 2024 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head of Investor Relations Jon Witter - CEO & Director Pete Graham ...

5 months ago - Seeking Alpha

Sallie Mae Reports Second-Quarter 2024 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second-quarter 2024 financial results. Complete financial results and related materials are available ...

5 months ago - Business Wire

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2024 third-quarter dividend on its Preferred Stock Series B of $1.8467034 per share. The company a...

5 months ago - Business Wire

Sallie Mae to Release Second-Quarter 2024 Financial Results on July 24

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release second-quarter 2024 financial results after market close on Wednesday, July 24, 2024. A live audio webc...

5 months ago - Business Wire

Sallie Mae Contributes $100,000 to Point Foundation to Support College Scholarships

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced a $100,000 grant to Point Foundation, the nation's largest scholarship-granting organization for LGBTQ students. The grant will speci...

6 months ago - Business Wire

Application Window Now Open for Sallie Mae Completing the Dream Scholarship

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is again awarding 200 Completing the Dream scholarships worth up to $500,000 to help students fr...

7 months ago - Business Wire

Sallie Mae CFO to Speak at Morgan Stanley U.S. Financials, Payments, and CRE Conference

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Morgan Stanley U.S. Financials, Payments, and ...

7 months ago - Business Wire

Sallie Mae's Donna Vieira Honored by Girls Inc. of New York City

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae Executive Vice President and Chief Commercial Officer Donna Vieira was honored by Girls Inc. of New York City for her efforts to advance gender equity in corp...

7 months ago - Business Wire

Sallie Mae CFO to Speak at TD Financial Services & Fintech Summit

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the TD Financial Services & Fintech Summit on Thur...

7 months ago - Business Wire

Sallie Mae Releases Environmental, Social, and Governance (ESG) Report

NEWARK, Del.--(BUSINESS WIRE)-- #ESG--Sallie Mae®, formally SLM Corporation, released its Environmental, Social, and Governance (ESG) report. The annual report highlights the company's commitment to m...

8 months ago - Business Wire

The Sallie Mae Fund Grants $75,000 to DC College Access Program to Support Higher Education Access and Completion

NEWARK, Del.NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced a $75,000 grant to the DC College Access Program (DC-CAP) to help increase higher education access and completion among s...

8 months ago - Business Wire

SLM Corporation (SLM) Q1 2024 Earnings Call Transcript

SLM Corporation (NASDAQ:SLM) Q1 2024 Earnings Conference Call April 24, 2024 5:30 PM ET Company Participants Melissa Bronaugh - IR Jon Witter - CEO Pete Graham - CFO Conference Call Participants Stev...

8 months ago - Seeking Alpha

Sallie Mae Reports First-Quarter 2024 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2024 financial results. Complete financial results and related materials are available a...

8 months ago - Business Wire

Sallie Mae to Release First-Quarter 2024 Financial Results on April 24

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2024 financial results after market close on Wednesday, April 24, 2024. A live audio webc...

9 months ago - Business Wire

Latest Research Report From Sallie Mae and Ipsos Identifies Barriers to College Completion

NEWARK, Del.--(BUSINESS WIRE)--One in four current undergraduate students have seriously considered leaving college or have been at risk of dismissal, according to “How America Completes College 2024,...

9 months ago - Business Wire

Application Window Now Open for The Sallie Mae Fund's Bridging the Dream Scholarship Program

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is now accepting applications for two college scholarship programs to help students from underse...

9 months ago - Business Wire