SLM Corporation (SLM)
NASDAQ: SLM · IEX Real-Time Price · USD
22.93
-0.42 (-1.80%)
At close: Jul 19, 2024, 4:00 PM
22.95
+0.02 (0.09%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
SLM Corporation Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for SLM Corporation stock have an average target of 22.3, with a low estimate of 14 and a high estimate of 28. The average target predicts a decrease of -2.75% from the current stock price of 22.93.
Analyst Consensus: Buy
* Price targets were last updated on Jun 4, 2024.
Analyst Ratings
The average analyst rating for SLM stock from 10 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 3 |
| Buy | 6 | 6 | 5 | 5 | 4 | 4 |
| Hold | 4 | 4 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 11 | 11 | 11 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Maintains $25 → $27 | Strong Buy | Maintains | $25 → $27 | +17.75% | Jun 4, 2024 |
| Wedbush | Wedbush | Buy Reiterates $28 | Buy | Reiterates | $28 | +22.11% | May 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +0.31% | Apr 25, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +9.03% | Apr 25, 2024 |
| Wedbush | Wedbush | Buy Maintains $26 → $28 | Buy | Maintains | $26 → $28 | +22.11% | Apr 25, 2024 |
Financial Forecast
Revenue This Year
1.53B
from 1.46B
Increased by 4.31%
Revenue Next Year
1.62B
from 1.53B
Increased by 5.76%
EPS This Year
2.77
from 2.41
Increased by 14.84%
EPS Next Year
2.94
from 2.77
Increased by 6.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.6B | 1.7B | 1.8B |
| Avg | 1.5B | 1.6B | 1.7B |
| Low | 1.4B | 1.5B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 11.5% | 13.4% | 10.0% |
| Avg | 4.3% | 5.8% | 5.8% |
| Low | -1.6% | -1.2% | 2.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.03 | 3.27 | 3.62 |
| Avg | 2.77 | 2.94 | 3.24 |
| Low | 2.60 | 2.74 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 25.9% | 18.1% | 23.2% |
| Avg | 14.8% | 6.1% | 10.4% |
| Low | 7.8% | -0.9% | 0.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.