SLM Corporation (SLM)
NASDAQ: SLM · IEX Real-Time Price · USD
22.10
+0.17 (0.78%)
At close: Apr 24, 2024, 4:00 PM
22.75
+0.65 (2.94%)
After-hours: Apr 24, 2024, 7:19 PM EDT
SLM Corporation Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for SLM Corporation stock have an average target of 20.14, with a low estimate of 14 and a high estimate of 25. The average target predicts a decrease of -8.87% from the current stock price of 22.10.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SLM stock from 11 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 3 | 3 | 3 | 3 |
| Buy | 6 | 7 | 6 | 6 | 6 | 5 |
| Hold | 4 | 4 | 4 | 4 | 4 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 13 | 13 | 13 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Buy Maintains $22 → $24 | Buy | Maintains | $22 → $24 | +8.60% | Apr 18, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $20 → $22 | Hold | Maintains | $20 → $22 | -0.45% | Apr 3, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $21 → $22 | Buy | Maintains | $21 → $22 | -0.45% | Jan 25, 2024 |
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $14 → $23 | Hold → Strong Buy | Upgrades | $14 → $23 | +4.07% | Jan 16, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy Initiates $25 | Strong Buy | Initiates | $25 | +13.12% | Jan 10, 2024 |
Financial Forecast
Revenue This Year
1.58B
from 1.46B
Increased by 8.14%
Revenue Next Year
1.66B
from 1.58B
Increased by 4.74%
EPS This Year
2.71
from 2.41
Increased by 12.48%
EPS Next Year
2.92
from 2.71
Increased by 7.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.0B | 2.1B |
| Avg | 1.6B | 1.7B | 1.9B |
| Low | 1.4B | 1.4B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.3% | 28.5% | 27.1% |
| Avg | 8.1% | 4.7% | 14.2% |
| Low | -1.5% | -11.9% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.94 | 3.26 | 3.52 |
| Avg | 2.71 | 2.92 | 3.18 |
| Low | 2.57 | 2.70 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.8% | 20.2% | 20.4% |
| Avg | 12.5% | 7.8% | 8.7% |
| Low | 6.5% | -0.6% | 0.6% |
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.