SLM Corporation (SLM)
Market Cap | 5.09B |
Revenue (ttm) | 1.59B |
Net Income (ttm) | 646.56M |
Shares Out | 212.33M |
EPS (ttm) | 2.91 |
PE Ratio | 8.25 |
Forward PE | 8.71 |
Dividend | $0.52 (2.17%) |
Ex-Dividend Date | Dec 5, 2024 |
Volume | 1,573,633 |
Open | 23.95 |
Previous Close | 23.87 |
Day's Range | 23.78 - 24.11 |
52-Week Range | 13.93 - 24.59 |
Beta | 1.17 |
Analysts | Buy |
Price Target | 25.10 (+4.71%) |
Earnings Date | Oct 23, 2024 |
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]
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 StatementsAnalyst Forecast
According to 10 analysts, the average rating for SLM stock is "Buy." The 12-month stock price forecast is $25.1, which is an increase of 4.71% from the latest price.
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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 ...
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 ...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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,...
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...