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SLM Corporation (SLM)

Stock Price: $18.77 USD -0.23 (-1.21%)
Updated Jul 26, 2021 4:00 PM EDT - Market closed
After-hours: $18.75 -0.02 (-0.11%) Jul 26, 4:58 PM
Market Cap 5.76B
Revenue (ttm) 2.35B
Net Income (ttm) 1.38B
Shares Out 312.18M
EPS (ttm) 3.82
PE Ratio 4.91
Forward PE 6.10
Dividend $0.12
Dividend Yield 0.64%
Trading Day July 26
Last Price $18.77
Previous Close $19.00
Change ($) -0.23
Change (%) -1.21%
Day's Open 18.89
Day's Range 18.60 - 19.27
Day's Volume 2,404,294
52-Week Range 6.52 - 21.40

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A decline in expenses and provisions drives Sallie Mae's (SLM) Q2 results. However, lower interest income on a decline in average loan outstanding balance has been a spoilsport.

4 days ago - Zacks Investment Research

Sallie Mae (SLM) delivered earnings and revenue surprises of 15.38% and -1.12%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

5 days ago - Zacks Investment Research

Shares of SLM (NASDAQ:SLM) were flat in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 304.55% over the past year to $0.45, which beat the est...

5 days ago - Benzinga

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released second-quarter 2021 financial results. Highlights of those results are included in the attached suppleme...

5 days ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)--Families Continue to Invest in Higher Education and Majority Eager to Return to Campus, According to “How America Pays for College 2021”

6 days ago - Business Wire

Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 week ago - Zacks Investment Research

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM) will release second-quarter financial results after market close on Wednesday, July 21, 2021. The company will host a conference call on Thursday...

2 weeks ago - Business Wire

Is SLM Corporation (SLM) a great pick from the value investor's perspective right now? Read on to know more.

1 month ago - Zacks Investment Research

Sallie Mae (SLM) reported earnings 30 days ago. What's next for the stock?

2 months ago - Zacks Investment Research

Julian Robertson (Trades, Portfolio)'s Tiger Management recently disclosed its portfolio updates for the first quarter of 2021, which ended on March 31.

Other stocks mentioned: AER, CZR, MA, MSFT, V
2 months ago - GuruFocus

New York, New York--(Newsfile Corp. - May 14, 2021) -  Levi & Korsinsky announces it has commenced an investigation of SLM Corporation (NASDAQ: SLM) concerning possible breaches of fiduciary duty. To ob...

2 months ago - Newsfile Corp

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) today announced Chief Financial Officer Steven J. McGarry will speak at the 2021 Barclays Americas Select Franchise Virtual Conference on Tuesday,...

2 months ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)--SALLIE MAE APPOINTS LORI AIKEN CHIEF DIVERSITY OFFICER

2 months ago - Business Wire

As of April 30, the following stocks appear to be underestimated by the market as their price-earnings ratios without non-recurring items trade below 20 while their price-earnings to growth ratios trade...

Other stocks mentioned: KBH, RDN
2 months ago - GuruFocus

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2021 second-quarter dividend on its Preferred Stock Series B of $0.4828722 per share. The company al...

2 months ago - Business Wire

The private student loan provider saw its stock at bargain prices last year amid the pandemic.

2 months ago - The Motley Fool

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

3 months ago - Zacks Investment Research

Sallie Mae's (SLM) Q1 results reflect fall in expenses and provisions, partially offset lower interest income.

3 months ago - Zacks Investment Research

Sallie Mae (SLM) delivered earnings and revenue surprises of 77.00% and -1.89%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Shares of SLM (NASDAQ:SLM) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 124.05% year over year to $1.77, which beat the esti...

3 months ago - Benzinga

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first-quarter 2021 financial results. Highlights of those results are included in the attached supplemen...

3 months ago - Business Wire

WASHINGTON, April 20, 2021   MPOWER Financing , an innovative fintech platform and the leading provider of educational loans to high-promise international and DACA students, announced that it has launch...

3 months ago - PRNewsWire

They may not be the most obvious picks, but they could be quite rewarding down the line.

Other stocks mentioned: NNOX, RIOT
3 months ago - The Motley Fool

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM) will release first-quarter financial results after market close on Wednesday, April 21, 2021. The company will host a conference call on Thursday...

3 months ago - Business Wire

The IBD SmartSelect Composite Rating for SLM increased from 94 to 96 Tuesday. The post SLM Earns Membership In 95-Plus Composite Rating Club appeared first on Investor's Business Daily.

3 months ago - Investors Business Daily

New York, New York--(Newsfile Corp. - March 31, 2021) - Levi & Korsinsky announces it has commenced an investigation of SLM Corporation (NASDAQ: SLM) concerning possible breaches of fiduciary duty. To o...

3 months ago - Newsfile Corp

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Ted Manvitz to its board of directors, effective immediately.

4 months ago - Business Wire

Choosing stocks with compelling Shiller price-earnings ratios increases the likelihood of identifying value opportunities, in my opinion. Thus, investors may want to have a look at the following stocks,...

Other stocks mentioned: SBS, SNX
4 months ago - GuruFocus

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, announced today the final results of its “modified Dutch Auction” tender offer (the “Offer”) to purchase up to $1 bill...

4 months ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, announced today the expiration and preliminary results of its “modified Dutch Auction” tender offer (the “Offer”) to p...

4 months ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)--FINANCIAL AID OFFERS: HERE'S WHAT COLLEGE-GOING FAMILIES NEED TO KNOW

4 months ago - Business Wire

New York, New York--(Newsfile Corp. - March 2, 2021) - Levi & Korsinsky announces it has commenced an investigation of SLM Corporation (NASDAQ: SLM) concerning possible breaches of fiduciary duty. To ob...

4 months ago - Newsfile Corp

NEWARK, Del.--(BUSINESS WIRE)--SALLIE MAE SETS DATE FOR ANNUAL MEETING OF STOCKHOLDERS

4 months ago - Business Wire

Sallie Mae (SLM) reported earnings 30 days ago. What's next for the stock?

5 months ago - Zacks Investment Research

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae Increases Price Range and Extends the Expiration Date of Cash Tender Offer to Purchase Up to $1 Billion in Value of Shares

5 months ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)--SALLIE MAE CHIEF EXECUTIVE OFFICER TO PRESENT AT CREDIT SUISSE FINANCIAL SERVICES FORUM

5 months ago - Business Wire

Top 5 Stocks to Buy From a Rebounding Consumer Loan Industry

Other stocks mentioned: ALLY, CACC, COF, NAVI
5 months ago - Zacks Investment Research

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae Commences Cash Tender Offer to Purchase Up to $1 Billion in Value of Shares of its Common Stock

5 months ago - Business Wire

Shares of credit services provider SLM Corp. (NASDAQ:SLM) gained more than 15% on Thursday to trade at around $14.08. The Delaware-based student loan company announced strong fiscal fourth-quarter and f...

5 months ago - GuruFocus

SLM Corporation (SLM) CEO Jon Witter on Q4 2020 Results - Earnings Call Transcript

5 months ago - Seeking Alpha

Sallie Mae's (SLM) Q4 results reflect fall in expenses and provisions, partially offset lower interest income and loans balance.

5 months ago - Zacks Investment Research

Sallie Mae (SLM) delivered earnings and revenue surprises of 248.48% and -0.04%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

NEWARK, Del.--(BUSINESS WIRE)--SALLIE MAE REPORTS FOURTH-QUARTER AND FULL-YEAR 2020 FINANCIAL RESULTS

5 months ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)--SALLIE MAE DECLARES DIVIDENDS ON PREFERRED STOCK SERIES B AND COMMON STOCK

6 months ago - Business Wire

On Wednesday, January 27, SLM (NASDAQ:SLM) will release its latest earnings report. Here is Benzinga's outlook for the company.

6 months ago - Benzinga

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae Names Kerri Palmer Chief Risk and Compliance Officer

6 months ago - Business Wire

Picking breakout stocks is one of the most favored methods for those utilizing an active investing approach since this strategy offers the promise of superlative returns.

Other stocks mentioned: ATI, CNHI, WIT
6 months ago - Zacks Investment Research

NEW YORK, Jan. 13, 2021 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty cl...

6 months ago - PRNewsWire

NEWARK, Del.--(BUSINESS WIRE)--SALLIE MAE TO RELEASE FOURTH-QUARTER AND FULL-YEAR 2020 FINANCIAL RESULTS ON JAN. 27

6 months ago - Business Wire

NEWARK, Del.--(BUSINESS WIRE)-- #BBBSDE--THE SALLIE MAE FUND PROVIDES $50,000 GRANT TO BIG BROTHERS BIG SISTERS OF DELAWARE TO ASSIST STUDENTS IMPACTED BY COVID-19

7 months ago - Business Wire

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 also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and 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.

Industry
Credit Services
Founded
1972
CEO
Raymond Quinlan
Employees
1,600
Stock Exchange
NASDAQ
Ticker Symbol
SLM
Full Company Profile

Financial Performance

In 2020, SLM's revenue was $1.72 billion, an increase of 30.37% compared to the previous year's $1.32 billion. Earnings were $880.69 million, an increase of 52.30%.

Financial Statements

Analyst Forecasts

According to 12 analysts, the average rating for SLM stock is "Buy." The 12-month stock price forecast is 23.30, which is an increase of 24.13% from the latest price.

Price Target
$23.30
(24.13% upside)
Analyst Consensus: Buy