Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis $22.84 -0.09 (-0.39%) (As of 10/8/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About SLM Stock (NASDAQ:SLM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get SLM alerts:Sign Up Key Stats Today's Range$22.68▼$23.0750-Day Range$19.93▼$22.9352-Week Range$12.26▼$23.95Volume841,573 shsAverage Volume1.80 million shsMarket Capitalization$5.02 billionP/E Ratio7.14Dividend Yield1.93%Price Target$23.92Consensus RatingModerate Buy Company OverviewSLM 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… Musk’s new company could top a trillion? (Ad)The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840. Click here to see the details because there’s not much time to prepare. SLM Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks97th Percentile Overall ScoreSLM MarketRank™: SLM scored higher than 97% of companies evaluated by MarketBeat, and ranked 59th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.4 / 5Analyst RatingModerate Buy Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 10 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSLM has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about SLM's stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth6.01% 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 7.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.46.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 7.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.75.Price to Earnings Growth RatioSLM has a PEG Ratio of 0.57. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSLM has a P/B Ratio of 3.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about SLM's valuation and earnings. Short Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted3.59% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in SLM has recently increased by 8.79%, indicating that investor sentiment is decreasing significantly. Dividend2.5 / 5Dividend StrengthModerate Dividend YieldSLM pays a meaningful dividend of 2.00%, 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. Sustainability and ESG4.6 / 5Environmental Score-0.15 Percentage of Shares Shorted3.59% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 4.9.Change versus previous monthShort interest in SLM has recently increased by 8.79%, indicating that investor sentiment is decreasing significantly. News and Social Media3.1 / 5News Sentiment0.59 News SentimentSLM has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for SLM this week, compared to 7 articles on an average week.Search Interest3 people have searched for SLM on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows2 people have added SLM to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares 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. 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 SLM Stock News HeadlinesHow Is The Market Feeling About SLM?October 8 at 12:37 PM | benzinga.comSLM (SLM) Gets a Buy from BarclaysOctober 8 at 7:36 AM | markets.businessinsider.comNotice: Major payout due November 19th - are you on the list?On Tuesday, November 19, 2024 smart investors will collect their share of a $1.2 billion windfall... It's part of a unique strategy which has nothing to do with risky investments like options, cryptos or forex. And while it might sound crazy...October 8, 2024 | Behind the Markets (Ad)SLM (NASDAQ:SLM) PT Lowered to $24.00October 7 at 2:22 PM | americanbankingnews.comSLM Corp. (SLM): Analysts Are Bullish On This Quality Stock Right NowOctober 6 at 4:02 PM | msn.comSES Space & Defense Awards Comtech Order for Next-generation Modems to Operate on O3b mPOWER ConstellationOctober 1, 2024 | finance.yahoo.comGnani.ai Focuses on Partnership Models and Developing New SLMsOctober 1, 2024 | msn.comSoutheast European countries increase defence spending amid rising tensionsOctober 1, 2024 | msn.comSee More Headlines SLM Stock Analysis - Frequently Asked Questions How have SLM shares performed this year? SLM's stock was trading at $19.12 at the beginning of the year. Since then, SLM stock has increased by 19.5% and is now trading at $22.84. View the best growth stocks for 2024 here. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) posted its earnings results on Wednesday, July, 24th. The credit services provider reported $1.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.32. The credit services provider had revenue of $783.28 million for the quarter, compared to analyst estimates 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 stock buyback plan on Wednesday, January 24th 2024, which authorizes the company to repurchase $650,000,000 in shares, according to EventVestor. This means that the company could purchase up to 14.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's board believes its shares are undervalued. Who are SLM's major shareholders? Top institutional investors of SLM include SG Americas Securities LLC and GAMMA Investing LLC. 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). Company Calendar Last Earnings7/24/2024Ex-Dividend for 9/16 Dividend9/05/2024Dividend Payable9/16/2024Today10/08/2024Next 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$24.83 High Stock Price Target$29.00 Low Stock Price Target$16.00 Potential Upside/Downside+4.7%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio7.14 Forward P/E Ratio8.07 P/E Growth0.57Net 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 / Sales1.75 Cash Flow$3.17 per share Price / Cash Flow7.21 Book Value$7.20 per share Price / Book3.17Miscellaneous Outstanding Shares217,460,000Free Float217,079,000Market Cap$4.97 billion OptionableOptionable Beta1.15 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report This page (NASDAQ:SLM) was last updated on 10/8/2024 by MarketBeat.com Staff From Our PartnersElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredWhat 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 | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. 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