Top-Rated Dividend StocksTop-Rated DividendNASDAQ:SLM SLM (SLM) Stock Price, News & Analysis $20.88 -0.01 (-0.05%) (As of 07/3/2024 ET) Add Compare Share Share Today's Range$20.80▼$21.0750-Day Range$20.03▼$22.0152-Week Range$12.26▼$22.74Volume1.19 million shsAverage Volume1.72 million shsMarket Capitalization$4.59 billionP/E Ratio6.53Dividend Yield2.11%Price Target$22.18 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get SLM alerts: Email Address SLM MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside6.2% Upside$22.18 Price TargetShort InterestBearish4.88% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.15Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth6.86%From $2.77 to $2.96 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.4.49 out of 5 starsFinance Sector77th out of 853 stocksPersonal Credit Institutions Industry3rd out of 14 stocks 2.4 Analyst's Opinion Consensus RatingSLM has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageSLM has been the subject of 5 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 2.0 Short Interest Percentage of Shares Shorted4.88% of the float of SLM has been sold short.Short Interest Ratio / Days to CoverSLM has a short interest ratio ("days to cover") of 7.2.Change versus previous monthShort interest in SLM has recently increased by 10.11%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldSLM pays a meaningful dividend of 2.12%, 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 14.86% 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 1.4 News and Social Media Coverage News SentimentSLM has a news sentiment score of 0.43. 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 0.76 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for SLM this week, compared to 7 articles on an average week.Search InterestOnly 1 people have searched for SLM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, SLM insiders have not sold or bought any 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 6.86% in the coming year, from $2.77 to $2.96 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of SLM is 6.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.18.Price to Earnings Ratio vs. SectorThe P/E ratio of SLM is 6.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.72.Price to Earnings Growth RatioSLM has a PEG Ratio of 0.42. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioSLM has a P/B Ratio of 2.90. 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 Golden CrestUrgent: Safeguard Your Finances from Biden NOWHave you heard about Executive Order 14067? This lesser-known order introduced the Digital Dollar, an alarming plan aimed at controlling your spending. And it gets even more concerning: in November, the Federal Government and banks initiated a test program to implement the Digital Dollar.Click here to receive your complimentary Wealth Management Guide >> 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 HeadlinesJune 21, 2024 | investing.comSLM Corp amends senior officer severance plan amidst changesJune 12, 2024 | businesswire.comSallie Mae Contributes $100,000 to Point Foundation to Support College ScholarshipsJuly 5, 2024 | Gold Gate Capital (Ad)Urgent Alert: Is the U.S. Implementing a Digital Dollar?Our exclusive guide, "Exploring the Future of the U.S. Dollar in a Digital World," is your essential resource in navigating this uncertain terrain. Inside, you'll find expert insights, strategies, and actionable steps to shield your wealth from the impending digital dollar storm.June 3, 2024 | businesswire.comApplication Window Now Open for Sallie Mae Completing the Dream ScholarshipMay 28, 2024 | finance.yahoo.comSallie Mae CFO to Speak at Morgan Stanley U.S. Financials, Payments, and CRE ConferenceMay 28, 2024 | yahoo.comFormer German officer sentenced for espionage in favor of RussiaMay 26, 2024 | msn.comEl Fasher battles claim 123 lives, displacing thousands to rebel-held areaMay 25, 2024 | msn.comUkraine bolsters air defense with another German IRIS-T SLM systemJuly 5, 2024 | Gold Gate Capital (Ad)Urgent Alert: Is the U.S. Implementing a Digital Dollar?Our exclusive guide, "Exploring the Future of the U.S. Dollar in a Digital World," is your essential resource in navigating this uncertain terrain. Inside, you'll find expert insights, strategies, and actionable steps to shield your wealth from the impending digital dollar storm.May 25, 2024 | msn.comUkraine updates: Germany supplies another air defense systemMay 24, 2024 | yahoo.comGerman defense minister: Ukraine receives another Iris-T air defense system from GermanyMay 24, 2024 | msn.comGermany Delivers Additional Iris-T Air Defense Units to UkraineMay 24, 2024 | businesswire.comSallie Mae's Donna Vieira Honored by Girls Inc. of New York CityMay 23, 2024 | businesswire.comSallie Mae CFO to Speak at TD Financial Services & Fintech SummitMay 16, 2024 | morningstar.comSLM Corp PCLMay 16, 2024 | markets.businessinsider.comWhat 6 Analyst Ratings Have To Say About SLMMay 15, 2024 | markets.businessinsider.comPositive Credit Performance and Strategic Positioning Justify Overweight Rating for SLMMay 15, 2024 | markets.businessinsider.comPositive Credit Quality Trends Justify Buy Rating for SLMMay 14, 2024 | gurufocus.comInsider Sale: Chief Risk Officer Munish Pahwa Sells 5,000 Shares of SLM Corp (SLM)May 14, 2024 | msn.comGermany bolsters Ukraine's defences with advanced IRIS-T systemMay 14, 2024 | msn.comGermany Amplifies Ukraine's Air Defenses with Formidable IRIS-T SystemMay 6, 2024 | finance.yahoo.comDo Its Financials Have Any Role To Play In Driving Sanlam Limited's (JSE:SLM) Stock Up Recently?May 2, 2024 | msn.comWhat do cicada songs sound like and why do they make so much noise?May 2, 2024 | msn.comJohannesburg Stock Exchange: High Volume Trading in '20JUN24 SLM CSH' Single Stock FutureApril 29, 2024 | msn.comUS calls for regional powers to stop supporting Sudanese warring partiesApril 29, 2024 | businesswire.comSallie Mae Releases Environmental, Social, and Governance (ESG) ReportApril 28, 2024 | finance.yahoo.comSLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11See 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 Last Earnings4/24/2024Ex-Dividend for 6/17 Dividend6/06/2024Dividend Payable6/17/2024Today7/05/2024Next Earnings (Estimated)7/24/2024Fiscal 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$22.18 High Stock Price Target$28.00 Low Stock Price Target$16.00 Potential Upside/Downside+6.2%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)$3.20 Trailing P/E Ratio6.53 Forward P/E Ratio7.54 P/E Growth0.42Net Income$581.39 million Net Margins25.15% Pretax Margin33.74% Return on Equity45.65% Return on Assets2.63% Debt Debt-to-Equity Ratio2.67 Current Ratio1.23 Quick Ratio1.23 Sales & Book Value Annual Sales$1.94 billion Price / Sales2.36 Cash Flow$3.05 per share Price / Cash Flow6.85 Book Value$7.20 per share Price / Book2.90Miscellaneous Outstanding Shares219,716,000Free Float217,079,000Market Cap$4.59 billion OptionableOptionable Beta1.17 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your 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 & InstitutionsDekaBank Deutsche GirozentraleBought 6,837 shares on 6/4/2024Ownership: 0.055%Boston PartnersBought 674,424 shares on 5/28/2024Ownership: 5.671%Goldentree Asset Management LPSold 1,162,243 shares on 5/28/2024Ownership: 0.561%Teachers Retirement System of The State of KentuckySold 272,416 shares on 5/28/2024Ownership: 0.217%Invst LLCBought 37,824 shares on 5/24/2024Ownership: 0.017%View All Insider TransactionsView All Institutional Transactions SLM Stock Analysis - Frequently Asked Questions Should I buy or sell SLM stock right now? 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SLM in the last twelve months. There are currently 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SLM shares. View SLM analyst ratings or view top-rated stocks. What is SLM's stock price target for 2024? 10 equities research analysts have issued 12-month target prices for SLM's shares. Their SLM share price targets range from $16.00 to $28.00. On average, they expect the company's share price to reach $22.18 in the next twelve months. This suggests a possible upside of 6.2% from the stock's current price. View analysts price targets for SLM or view top-rated stocks among Wall Street analysts. How have SLM shares performed in 2024? SLM's stock was trading at $19.12 at the beginning of 2024. Since then, SLM stock has increased by 9.2% and is now trading at $20.88. View the best growth stocks for 2024 here. When is SLM's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our SLM earnings forecast. How were SLM's earnings last quarter? SLM Co. (NASDAQ:SLM) announced its quarterly earnings results on Wednesday, April, 24th. The credit services provider reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.18. The credit services provider earned $837.72 million during the quarter, compared to the consensus estimate of $376.43 million. SLM had a net margin of 25.15% and a trailing twelve-month return on equity of 45.65%. During the same quarter last year, the firm earned $0.47 EPS. How often does SLM pay dividends? What is the dividend yield for SLM? SLM declared a quarterly dividend on Monday, April 22nd. Shareholders of record on Thursday, June 6th will be given a dividend of $0.11 per share on Monday, June 17th. This represents a $0.44 annualized dividend and a yield of 2.11%. The ex-dividend date of this dividend is Thursday, June 6th. Read our dividend analysis for SLM. Is SLM a good dividend stock? SLM (NASDAQ:SLM) pays an annual dividend of $0.44 per share and currently has a dividend yield of 2.12%. The dividend payout ratio is 13.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 14.86% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for SLM. What ETFs hold SLM's stock? ETFs with the largest weight of SLM (NASDAQ:SLM) stock in their portfolio include Adaptiv Select ETF (ADPV), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Vest Rising Dividend Achievers Target Income ETF (RDVI), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), First Trust Financial AlphaDEX Fund (FXO), Alpha Intelligent - Large Cap Value ETF (AILV), FT Vest SMID Rising Dividend Achievers Target Income ETF (SDVD) and Cambria Shareholder Yield ETF (SYLD). How will SLM's stock buyback program work? SLM declared that its board has approved a share repurchase plan on Wednesday, January 24th 2024, which allows the company to buyback $650,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 14.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's leadership believes its shares are undervalued. What guidance has SLM issued on next quarter's earnings? SLM updated its FY 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of 2.600-2.700 for the period, compared to the consensus earnings per share estimate of 2.690. The company issued revenue guidance of -. 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. What other stocks do shareholders of SLM own? Based on aggregate information from My MarketBeat watchlists, some companies that other SLM investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Transocean (RIG), Gran Tierra Energy (GTE) and Apollo Commercial Real Estate Finance (ARI). 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. This page (NASDAQ:SLM) was last updated on 7/5/2024 by MarketBeat.com Staff From Our PartnersObama’s DNC coupAs we approach the Democratic National Convention in August... many sense a Biden swap-out is looming. In f...Stansberry Research | Sponsored1k a day while computer does all work?What I discovered is now helping me take in more than 1k a day. It's like a "magic key" to passive income ...Digital Mavericks Media | SponsoredMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… ...Paradigm Press | SponsoredGrab Your Free Bitcoin Today!And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a v...Crypto Swap Profits | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredExposed: 3 CENT Crypto to Explode June 24th?Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | SponsoredBiden Nomination CANCELED?And I believe when they do take the oath of office, their fingers will be crossed… and America will descend in...The Freeport Society | 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. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.