SLM Corporation (SLM)
| Market Cap | 4.24B -25.8% |
| Revenue (ttm) | 1.69B +39.7% |
| Net Income | 720.58M +66.3% |
| EPS | 3.59 +82.1% |
| Shares Out | 187.95M |
| PE Ratio | 6.28 |
| Forward PE | 7.32 |
| Dividend | $0.52 (2.31%) |
| Ex-Dividend Date | Sep 4, 2026 |
| Volume | 1,628,143 |
| Open | 22.90 |
| Previous Close | 22.74 |
| Day's Range | 22.45 - 22.96 |
| 52-Week Range | 17.77 - 31.06 |
| Beta | 0.98 |
| Analysts | Buy |
| Price Target | 28.55 (+26.58%) |
| Est. Earnings | Oct 22, 2026 |
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 provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; 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, Delaware.
Financial Performance
In 2025, SLM Corporation's revenue was $1.65 billion, an increase of 14.66% compared to the previous year's $1.44 billion. Earnings were $729.12 million, an increase of 23.57%.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for SLM stock is "Buy." The 12-month stock price target is $28.55, which is an increase of 26.58% from the latest price.
News
SLM’s 2H estimates may be at risk, says Morgan Stanley
SLM’s (SLM) on-balance-sheet delinquencies rose 42 basis points month over month but remained consistent with seasonal expectations, while net charge-offs deteriorated more sharply, potentially puttin...
“How America Pays for College 2026” Finds Overwhelming Majority of Families Continue to View College as a Valuable Investment and More Than 8 in 10 Are Confident in How They Paid for It
NEWARK, Del.--(BUSINESS WIRE)--Nine in 10 families (91%) view higher education as a valuable investment and 84% are confident they made the right financial decisions to pay for it, according to “How A...
SLM price target lowered to $28 from $30 at Wells Fargo
Wells Fargo lowered the firm’s price target on SLM (SLM) to $28 from $30 and keeps an Overweight rating on the shares. The firm notes the stock was down in…
SLM Corporation Earnings Call Transcript: Q2 2026
Q2 2026 saw higher loan originations, stable credit quality, and strong fee-based revenue growth. Net charge-offs rose due to third-party debt resolution practices, but underlying portfolio health remains solid. Guidance was narrowed for net charge-offs, with margin expansion and continued capital returns expected.
SLM Corporation Earnings release: Q2 2026
SLM Corporation released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
SLM Corporation Quarterly report: Q2 2026
SLM Corporation has published its Q2 2026 quarterly earnings report on July 23, 2026.
SLM Corporation Slides: Q2 2026
SLM Corporation has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.
SLM backs FY26 EPS view $3.10-$3.20, consensus $3.14
16:36 EDT SLM (SLM) backs FY26 EPS view $3.10-$3.20, consensus $3.14
Sallie Mae Reports Second Quarter 2026 Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second quarter 2026 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 2026 third-quarter dividend on its Preferred Stock Series B of $1.4393042 per share. The company al...
SLM price target raised to $28 from $27 at Morgan Stanley
Morgan Stanley raised the firm’s price target on SLM (SLM) to $28 from $27 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the space…
SLM price target raised to $25 from $24 at JPMorgan
JPMorgan raised the firm’s price target on SLM (SLM) to $25 from $24 and keeps an Underweight rating on the shares. The firm adjusted targets in the consumer finance space…
SLM price target raised to $29 from $28 at RBC Capital
RBC Capital raised the firm’s price target on SLM (SLM) to $29 from $28 and keeps an Outperform rating on the shares as part of a broader research note previewing…
Sallie Mae to Release Second-Quarter Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release second-quarter 2026 financial results after market close on Thursday, July 23, 2026. A live audio webca...
SLM downgraded to Equal Weight from Overweight at Barclays
Barclays downgraded SLM (SLM) to Equal Weight from Overweight with a price target of $26, down from $30, heading into Q2 results, citing prolonged credit uncertainty.
Sallie Mae Selects Nova Credit's Income Navigator for Income Verification
NEW YORK--(BUSINESS WIRE)---- $SLM #cashflowintelligence--Nova Credit, a leading credit infrastructure and analytics company, today announced that Sallie Mae® (Nasdaq: SLM), the leader in private stud...
Sallie Mae Launches New Parent Loan to Help Families Cover College Costs
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae today announced the launch of a new Parent Loan designed to give families an additional, flexible option to pay for higher education as federal student loan o...
SLM Corporation Transcript: AGM 2026
The meeting covered board elections, executive compensation, and auditor ratification, with all proposals approved by majority vote. No questions were raised during the Q&A session. The meeting concluded with thanks to stockholders and team members.
SLM Corporation Transcript: Morgan Stanley US Financials Conference 2026
Recent loss pressures are being addressed through changes in recovery practices and contract terminations, while loan modification programs are outperforming expectations. New graduate products and strategic partnerships are driving growth, with a 70% increase in originations targeted by 2028.
The Sallie Mae Fund Expands Scholarship Program for Students Pursuing Graduate Degrees
NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund today announced it is expanding its Bridging the Dream Scholarship for Graduate Students. The Sallie Mae Fund is doubling the number of scholarships ...
Sallie Mae Co-President and CFO to Speak at 2026 Morgan Stanley US Financials Conference
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Co-President and Chief Financial Officer Pete Graham will speak at the 2026 Morgan Stanley US Financ...
Sallie Mae Announces Final Results and Expiration of Tender Offer for Its 3.125% Senior Notes Due 2026
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”), announced today the final results and expiration of its previously announced cash tender of...
Sallie Mae Announces Pricing Terms of Tender Offer for Its 3.125% Senior Notes Due 2026
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation (“SLM” or the “Company”), announced today the pricing terms of its previously announced cash tender offer (the “Tende...
Sallie Mae Expands Access to Responsible Financing For Students Pursuing Graduate and Law Degrees
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) today announced expanded access to responsible financing for students pursuing graduate and law degrees. The Sallie Mae ® Graduate Loan and Sall...
SLM Corporation Prices Public Offering of Senior Notes
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, announced that it priced its public offering of $500 million aggregate principal amount of 6.495% Fixed-to-Floating ...