SLM (NASDAQ:SLM) Updates FY 2025 Earnings Guidance

SLM (NASDAQ:SLM - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.000-3.100 for the period, compared to the consensus earnings per share estimate of 3.050. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on SLM shares. Wedbush reiterated an "outperform" rating and set a $26.00 price target on shares of SLM in a report on Thursday, October 24th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $26.00 target price on shares of SLM in a research report on Thursday, October 24th. Bank of America began coverage on SLM in a report on Wednesday, September 25th. They issued a "buy" rating and a $27.00 price target for the company. Barclays decreased their target price on SLM from $27.00 to $26.00 and set an "overweight" rating for the company in a research report on Thursday, October 24th. Finally, JPMorgan Chase & Co. increased their price target on SLM from $27.00 to $29.00 and gave the stock a "neutral" rating in a research report on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $27.90.

SLM Stock Performance

SLM traded up $0.22 during midday trading on Thursday, hitting $29.30. 3,645,684 shares of the company were exchanged, compared to its average volume of 2,691,981. The firm has a market capitalization of $6.22 billion, a price-to-earnings ratio of 10.21, a price-to-earnings-growth ratio of 0.78 and a beta of 1.21. The company's 50 day simple moving average is $27.07 and its 200 day simple moving average is $23.79. The company has a current ratio of 1.29, a quick ratio of 1.27 and a debt-to-equity ratio of 3.21. SLM has a 1-year low of $18.84 and a 1-year high of $29.75.

SLM (NASDAQ:SLM - Get Free Report) last posted its earnings results on Thursday, January 23rd. The credit services provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.06). SLM had a net margin of 22.18% and a return on equity of 35.92%. As a group, sell-side analysts predict that SLM will post 2.72 earnings per share for the current year.

SLM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Wednesday, March 5th will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.52 annualized dividend and a dividend yield of 1.77%. SLM's dividend payout ratio (DPR) is presently 18.12%.

Insider Buying and Selling at SLM

In other news, Director Robert S. Strong sold 4,500 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $27.25, for a total value of $122,625.00. Following the completion of the sale, the director now directly owns 83,130 shares in the company, valued at $2,265,292.50. This represents a 5.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.20% of the company's stock.

SLM Company Profile

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.

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