SLM Corporation (SLM)

NASDAQ: SLM · Real-Time Price · USD
28.75
-0.98 (-3.30%)
Mar 28, 2025, 1:53 PM EDT - Market open
-3.30%
Market Cap 6.05B
Revenue (ttm) 1.44B
Net Income (ttm) 590.03M
Shares Out 210.42M
EPS (ttm) 2.68
PE Ratio 11.09
Forward PE 9.70
Dividend $0.52 (1.75%)
Ex-Dividend Date Mar 5, 2025
Volume 726,501
Open 29.63
Previous Close 29.73
Day's Range 28.71 - 29.93
52-Week Range 19.39 - 32.65
Beta 1.24
Analysts Buy
Price Target 31.18 (+8.45%)
Earnings Date Apr 23, 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]

Industry Credit Services
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 Forecast

According to 11 analysts, the average rating for SLM stock is "Buy." The 12-month stock price forecast is $31.18, which is an increase of 8.45% from the latest price.

Price Target
$31.18
(8.45% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 days 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...

4 weeks 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...

4 weeks 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...

6 weeks 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...

7 weeks 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...

7 weeks 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 ...

2 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...

2 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 ...

2 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 2025 first-quarter dividend on its Preferred Stock Series B of $1.5951112 per share. The company al...

2 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...

2 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...

2 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...

4 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...

5 months 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...

5 months 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...

5 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...

5 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...

6 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...

6 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 ...

7 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...

8 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 ...

8 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 ...

8 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...

9 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...

10 months ago - Business Wire