SLM Corporation (SLM)

NASDAQ: SLM · Real-Time Price · USD
32.74
+0.73 (2.28%)
At close: Jul 25, 2025, 4:00 PM
32.50
-0.24 (-0.73%)
After-hours: Jul 25, 2025, 5:06 PM EDT
2.28%
Market Cap6.83B
Revenue (ttm)1.21B
Net Income (ttm)425.27M
Shares Out 208.48M
EPS (ttm)1.97
PE Ratio16.62
Forward PE10.09
Dividend$0.52 (1.59%)
Ex-Dividend DateSep 4, 2025
Volume4,762,422
Open32.69
Previous Close32.01
Day's Range30.39 - 33.10
52-Week Range19.39 - 34.97
Beta1.10
AnalystsBuy
Price Target34.18 (+4.4%)
Earnings DateJul 24, 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 engages 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, D... [Read more]

Sector Financials
Founded 1972
Employees 1,710
Stock Exchange NASDAQ
Ticker Symbol SLM
Full Company Profile

Financial Performance

In 2024, SLM Corporation's revenue was $1.44 billion, a decrease of -1.59% compared to the previous year's $1.46 billion. Earnings were $590.03 million, an increase of 4.67%.

Financial Statements

Analyst Summary

According to 11 analysts, the average rating for SLM stock is "Buy." The 12-month stock price target is $34.18, which is an increase of 4.40% from the latest price.

Price Target
$34.18
(4.40% upside)
Analyst Consensus: Buy
Stock Forecasts

News

SLM Corporation (SLM) Q2 2025 Earnings Call Transcript

SLM Corporation (NASDAQ:SLM) Q2 2025 Earnings Conference Call July 24, 2025 5:30 PM ET Company Participants Jonathan W. Witter - CEO & Director Kate deLacy - Senior Director & Head of Investor Relati...

Other symbols: SLMBP
1 day ago - Seeking Alpha

Sallie Mae Reports Second Quarter 2025 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second quarter 2025 financial results. Complete financial results and related materials are available ...

1 day 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 2025 third-quarter dividend on its Preferred Stock Series B of $1.5853186 per share. The company al...

2 days ago - Business Wire

Sallie Mae to Release Second-Quarter 2025 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release second-quarter 2025 financial results after market close on Thursday, July 24, 2025. A live audio webca...

17 days ago - Business Wire

SLM Corporation PFD SER B: Downside Ahead (Rating Downgrade)

SLMBP faces more downside than upside due to likely lower SOFR rates and tight credit spreads, making current prices unsustainable. The preferred shares are highly sensitive to both interest rate decl...

5 weeks ago - Seeking Alpha

Sallie Mae CFO to Speak at Morgan Stanley U.S. Financials 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 Conference on T...

7 weeks ago - Business Wire

Sallie Mae Now Accepting Applications for Its Completing the Dream Scholarship Program

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae is again partnering with Thurgood Marshall College Fund to offer scholarships to students who encounter unexpected costs that can be obstacles to college comp...

7 weeks ago - Business Wire

Sallie Mae Appoints New Members to Its Board of Directors

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointments of Dr. Daniel Greenstein and Mr. Gary Millerchip to its board of directors, effecti...

3 months ago - Business Wire

SLM Corporation (SLM) Q1 2025 Earnings Call Transcript

SLM Corporation (NASDAQ:SLM) Q1 2025 Earnings Conference Call April 24, 2025 5:30 PM ET Company Participants Kate deLacy - Senior Director and Head of Investor Relations Jon Witter - Chief Executive ...

Other symbols: SLMBP
3 months ago - Seeking Alpha

Sallie Mae Reports First-Quarter 2025 Financial Results and Reaffirms Full-Year 2025 Guidance

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2025 financial results and reaffirmed full-year 2025 guidance. Complete financial result...

3 months ago - Business Wire

The Sallie Mae Fund Promotes Higher Education Access and Completion in D.C. with $50,000 Grant to DC CAP

NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced a $50,000 grant to the DC College Access Program (DC CAP Scholars) to support its annual College Signing Day celebration and its broa...

3 months ago - Business Wire

Sallie Mae to Release First-Quarter 2025 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2025 financial results after market close on Thursday, April 24, 2025. A live audio webca...

3 months ago - Business Wire

Sallie Mae And The Death Of The Department of Education

Sallie Mae, a major private student loan lender, has seen significant growth, capturing 64% market share and increasing originations YoY. The company has improved its financials by shedding federal lo...

4 months ago - Seeking Alpha

Sallie Mae Sets Date for Annual Meeting of Stockholders

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced its 2025 annual meeting of stockholders will take place on June 17, 2025, at 1 p.m. ET. The annual me...

5 months ago - Business Wire

Sallie Mae CEO to Speak at 2025 RBC Capital Markets Global Financial Institutions Conference

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Executive Officer Jon Witter will speak at the 2025 RBC Capital Markets Global Financial Insti...

5 months ago - Business Wire

SLM Corporation PFD SER B: The Odd Duck In The Preferred Space, 8.4% Yield

This article analyzes the Sallie Mae Series B preferred stock (SLMBP), highlighting its unique characteristics and investment implications. SLMBP's features include its perpetual nature, floating rate...

5 months ago - Seeking Alpha

Sallie Mae CFO to Speak at 2025 UBS 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 2025 UBS Financial Services Conference on Mond...

6 months ago - Business Wire

Sallie Mae CFO to Speak at Bank of America Securities 2025 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 Bank of America Securities 2025 Financial Serv...

6 months ago - Business Wire

SLM Corporation: Lending Strength To Your Portfolio

SLM Corporation has shown strong performance with a 50% one-year return, driven by increased private education loan originations and improved credit quality. SLM's 2024 highlights include record loan ...

6 months ago - Seeking Alpha

SLM Corporation (SLM) Q4 2024 Earnings Call Transcript

SLM Corporation (NASDAQ:SLM) Q4 2024 Earnings Conference Call January 23, 2025 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head, IR Jon Witter - CEO & Director Pete Graham - EVP & CFO Con...

Other symbols: SLMBP
6 months ago - Seeking Alpha

Sallie Mae Reports Fourth-Quarter and Full-Year 2024 Financial Results

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

6 months ago - Business Wire

Sallie Mae Appoints Henry Greig to Its Board of Directors

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Henry Greig to its board of directors, effective January 12, 2025. Mr. Greig brin...

6 months ago - Business Wire

Sallie Mae to Release Fourth-Quarter and Full-Year 2024 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release fourth-quarter and full-year 2024 financial results after market close on Thursday, Jan. 23, 2025. A li...

7 months ago - Business Wire

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...

9 months 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...

9 months ago - Business Wire