Q3 Earnings Estimate for SLM Issued By Wedbush (NASDAQ:SLM)

SLM Co. (NASDAQ:SLM - Free Report) - Equities research analysts at Wedbush boosted their Q3 2025 earnings estimates for SLM in a note issued to investors on Monday, November 25th. Wedbush analyst D. Chiaverini now anticipates that the credit services provider will post earnings of $0.74 per share for the quarter, up from their prior forecast of $0.68. Wedbush has a "Outperform" rating and a $26.00 price target on the stock. The consensus estimate for SLM's current full-year earnings is $2.73 per share. Wedbush also issued estimates for SLM's FY2025 earnings at $3.15 EPS and FY2026 earnings at $3.80 EPS.

Several other research analysts have also recently issued reports on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $26.00 target price on shares of SLM in a report on Thursday, October 24th. JPMorgan Chase & Co. decreased their price objective on shares of SLM from $25.00 to $24.00 and set a "neutral" rating for the company in a research note on Monday, October 7th. Bank of America began coverage on SLM in a research report on Wednesday, September 25th. They set a "buy" rating and a $27.00 target price on the stock. Finally, 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. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, SLM currently has an average rating of "Moderate Buy" and an average target price of $25.45.

SLM Stock Down 1.6 %

SLM traded down $0.46 on Tuesday, reaching $27.42. The company's stock had a trading volume of 5,048,528 shares, compared to its average volume of 1,844,454. The company has a quick ratio of 1.27, a current ratio of 1.29 and a debt-to-equity ratio of 3.21. SLM has a fifty-two week low of $14.03 and a fifty-two week high of $28.22. The stock has a 50 day moving average of $23.02 and a two-hundred day moving average of $21.85. The company has a market capitalization of $5.82 billion, a price-to-earnings ratio of 9.55, a P/E/G ratio of 1.15 and a beta of 1.16.

SLM (NASDAQ:SLM - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The credit services provider reported ($0.23) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.30). SLM had a net margin of 22.18% and a return on equity of 35.92%. The business had revenue of $652.64 million during the quarter, compared to analyst estimates of $363.40 million. During the same quarter in the prior year, the business earned $0.11 earnings per share.

Institutional Investors Weigh In On SLM

A number of institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its holdings in SLM by 362.9% during the second quarter. SG Americas Securities LLC now owns 338,534 shares of the credit services provider's stock worth $7,038,000 after buying an additional 265,394 shares in the last quarter. Texas Permanent School Fund Corp grew its holdings in shares of SLM by 50.7% in the 2nd quarter. Texas Permanent School Fund Corp now owns 290,636 shares of the credit services provider's stock worth $6,042,000 after acquiring an additional 97,832 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of SLM by 3.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 816,274 shares of the credit services provider's stock worth $17,788,000 after acquiring an additional 26,064 shares during the period. Quest Partners LLC acquired a new position in shares of SLM during the 3rd quarter worth $623,000. Finally, Shikiar Asset Management Inc. lifted its holdings in shares of SLM by 19.5% in the second quarter. Shikiar Asset Management Inc. now owns 211,350 shares of the credit services provider's stock valued at $4,394,000 after purchasing an additional 34,550 shares in the last quarter. Hedge funds and other institutional investors own 98.94% of the company's stock.

SLM Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Thursday, December 5th will be given a dividend of $0.13 per share. The ex-dividend date is Thursday, December 5th. This represents a $0.52 dividend on an annualized basis and a yield of 1.90%. This is an increase from SLM's previous quarterly dividend of $0.11. SLM's dividend payout ratio is presently 15.33%.

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.