Top MarketRank™ StocksTop MarketRank™Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis $21.00 +0.02 (+0.10%) (As of 08/21/2024 ET) Add Compare Share Share Today's Range$20.77▼$21.0650-Day Range$19.93▼$23.7052-Week Range$12.26▼$23.95Volume1.16 million shsAverage Volume1.88 million shsMarket Capitalization$4.57 billionP/E Ratio6.56Dividend Yield2.10%Price Target$24.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get SLM alerts: Email Address SLM MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside14.3% Upside$24.00 Price TargetShort InterestHealthy2.74% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews Sentiment0.47Based on 10 Articles This WeekInsider TradingSelling Shares$102,150 Sold Last QuarterProj. Earnings Growth6.01%From $2.83 to $3.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.98 out of 5 starsFinance Sector6th out of 863 stocksPersonal Credit Institutions Industry2nd out of 13 stocks 3.4 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 9 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSLM has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about SLM's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.74% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in SLM has recently decreased by 32.88%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 2.09%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthSLM does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of SLM is 13.75%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, SLM will have a dividend payout ratio of 14.67% next year. This indicates that SLM will be able to sustain or increase its dividend.Read more about SLM's dividend. Previous Next 4.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreSLM has received a 71.01% net impact score from Upright. Sallie Mae seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is false driven by its "Student loans provided by online banks", "Student loan management services", and "Consumer savings accounts provided by online banks" products. See details.Environmental SustainabilityThe Environmental Impact score for SLM is -0.15. Previous Next 1.9 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 10 news articles for SLM this week, compared to 7 articles on an average week.Search InterestOnly 4 people have searched for SLM on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added SLM to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SLM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $102,150.00 in company stock.Percentage Held by InsidersOnly 1.20% of the stock of SLM is held by insiders.Percentage Held by Institutions98.94% of the stock of SLM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about SLM's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for SLM are expected to grow by 6.01% in the coming year, from $2.83 to $3.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 6.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.43.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 6.56, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.98.Price to Earnings Growth RatioSLM has a PEG Ratio of 0.41. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSLM has a P/B Ratio of 2.92. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about SLM's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsWanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.In answer to this issue, we have released a Special Report to the public. About SLM Stock (NASDAQ: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 is also involved 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, Delaware.Read More SLM Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SLM Stock News HeadlinesAugust 3, 2024 | insidertrades.comSLM Co. (NASDAQ:SLM) Director Sells $102,150.00 in StockAugust 18, 2024 | sg.finance.yahoo.comSLM Sep 2024 20.000 put (SLM240920P00020000)August 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.August 18, 2024 | finance.yahoo.comSLM Sep 2024 32.000 call (SLM240920C00032000)August 18, 2024 | finance.yahoo.comSLM Jan 2025 28.000 call (SLM250117C00028000)August 17, 2024 | finance.yahoo.comSLM Sep 2024 25.000 call (SLM240920C00025000)August 16, 2024 | markets.businessinsider.comBuy Rating for SLM Amid Seasonal Delinquency Trends and Strong FundamentalsAugust 16, 2024 | msn.comGPT-4 vs. GPT-4o vs. GPT-4o Mini: What's the Difference?August 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.August 16, 2024 | msn.com'Silent' neurons in the sensory cortex can be recruited to enhance sensory processingAugust 16, 2024 | markets.businessinsider.comBuy Rating Affirmed for SLM Amid Improving Credit Quality and Strong Performance TrendsAugust 13, 2024 | msn.comLast Month's Amazon Bestsellers Is Here For You to Shop!August 12, 2024 | finance.yahoo.comSLM Aug 2024 17.000 put (SLM240816P00017000)August 12, 2024 | finance.yahoo.comH2O.ai Headlining Ai4 2024 Conference with New Open-weight SLM and AI Safety CapabilitiesAugust 6, 2024 | msn.comLast Month’s Amazon Bestsellers to Shop NowAugust 5, 2024 | msn.comNASCAR, short track stars come to Berlin Raceway for big money in the Battle at Berlin 250August 5, 2024 | finance.yahoo.comSanlam Limited's (JSE:SLM) largest shareholders are individual investors with 56% ownership, institutions own 28%August 3, 2024 | finance.yahoo.comInsider Sale: Director Robert Strong Sells 4,500 Shares of SLM Corp (SLM)See More Headlines Receive SLM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for SLM and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/17 Dividend6/06/2024Dividend Payable6/17/2024Last Earnings7/24/2024Today8/21/2024Ex-Dividend for 9/16 Dividend9/05/2024Dividend Payable9/16/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Personal credit institutions Sub-IndustryConsumer Finance Current SymbolNASDAQ:SLM CUSIP78442P10 CIK1032033 Webwww.salliemae.com Phone(302) 451-0200Fax800-848-1949Employees1,740Year FoundedN/APrice Target and Rating Average Stock Price Target$24.00 High Stock Price Target$29.00 Low Stock Price Target$16.00 Potential Upside/Downside+14.3%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio6.56 Forward P/E Ratio7.42 P/E Growth0.41Net Income$581.39 million Net Margins24.67% Pretax Margin33.08% Return on Equity41.84% Return on Assets2.56% Debt Debt-to-Equity Ratio2.66 Current Ratio1.26 Quick Ratio1.26 Sales & Book Value Annual Sales$2.84 billion Price / Sales1.61 Cash Flow$3.04 per share Price / Cash Flow6.91 Book Value$7.20 per share Price / Book2.92Miscellaneous Outstanding Shares217,460,000Free Float217,079,000Market Cap$4.57 billion OptionableOptionable Beta1.17 These 7 Stocks Will Be Magnificent in 2024With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.Get This Free Report Key ExecutivesMr. Jonathan W. Witter (Age 54)CEO & Director Comp: $3.61MMr. Peter M. Graham (Age 58)Executive VP & CFO Comp: $906.15kMs. Kerri A. Palmer (Age 53)Executive VP & COO Comp: $1.75MMr. Nicolas Jafarieh (Age 49)Executive VP and Chief Legal, Government Affairs & Communications Officer Comp: $1.19MMs. Donna F. Vieira (Age 59)Executive VP & Chief Commercial Officer Comp: $1.5MMr. Jonathan R. Boyles (Age 57)Senior VP, Controller & Principal Accounting Officer Ms. Melissa Bronaugh CPAVP & Head of Investor RelationsMr. William Wolf (Age 58)Executive VP & Chief People Officer Mr. Munish Pahwa (Age 54)Executive VP, Chief Risk Officer & Chief Credit Risk Officer Mr. Richard M. NelsonSenior VP, Chief Regulatory Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsCredit AcceptanceNASDAQ:CACCNelnetNYSE:NNIEncore Capital GroupNASDAQ:ECPGPRA GroupNASDAQ:PRAAWorld AcceptanceNASDAQ:WRLDView All CompetitorsInsiders & InstitutionsTruist Financial CorpSold 293,796 shares on 8/21/2024Ownership: 0.336%Algert Global LLCSold 129,139 shares on 8/16/2024Ownership: 0.028%Invst LLCBought 2,176 shares on 8/16/2024Ownership: 0.018%Quarry LPSold 573 shares on 8/16/2024Ownership: 0.001%The Manufacturers Life Insurance Company Sold 8,761 shares on 8/15/2024Ownership: 0.086%View All Insider TransactionsView All Institutional Transactions SLM Stock Analysis - Frequently Asked Questions How have SLM shares performed this year? SLM's stock was trading at $19.12 at the start of the year. Since then, SLM stock has increased by 9.8% and is now trading at $21.00. View the best growth stocks for 2024 here. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) announced its earnings results on Wednesday, July, 24th. The credit services provider reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.32. The credit services provider had revenue of $783.28 million for the quarter, compared to the consensus estimate of $368.97 million. SLM had a net margin of 24.67% and a trailing twelve-month return on equity of 41.84%. How will SLM's stock buyback program work? SLM's Board of Directors authorized a share repurchase plan on Wednesday, January 24th 2024, which allows the company to repurchase $650,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 14.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board of directors believes its shares are undervalued. What is Jonathan Witter's approval rating as SLM's CEO? 12 employees have rated SLM Chief Executive Officer Jonathan Witter on Glassdoor.com. Jonathan Witter has an approval rating of 70% among the company's employees. Who are SLM's major shareholders? Top institutional shareholders of SLM include Massachusetts Financial Services Co. MA (4.99%), Dimensional Fund Advisors LP (2.62%), American Century Companies Inc. (2.03%) and Millennium Management LLC (1.09%). Insiders that own company stock include Nicolas Jafarieh, Donna F Vieira, Robert S Strong, Jonathan Boyles and Steven Mcgarry. View institutional ownership trends. How do I buy shares of SLM? Shares of SLM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of SLM own? Based on aggregate information from My MarketBeat watchlists, some other companies that SLM investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV) and Aegean Marine Petroleum Network (ANW). This page (NASDAQ:SLM) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredAir Force quietly working with sub $10 stock on new techThere is a little-known energy technology stock that has made an incredible breakthrough… Which could becom...DTI | SponsoredUS developing “superweapon” to defeat China and Russia?Our new superweapon is a gift to every patriot. 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So please make some time ...The Oxford Club | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding SLM Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share SLM With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. 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