Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
SLM Corp Market Cap
The SLM Corp (SLM) share price is expected to increase by 16.21% over the next year. This is based on calculating the average 12-month share price estimate provided by 10 stock analysts who have covered SLM. Price targets range from $23 at the low end to $29 at the high end. The current analyst consensus for SLM is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 10 Wall Street analysts have assigned SLM 9 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect SLM Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on SLM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of SLM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Nathaniel Richam-Odoi B of A Securities | Buy | $27 | Initiates | Sep 25, 2024 |
| David Chiaverini Wedbush | Outperform | $26 | Maintains | Sep 24, 2024 |
| Michael Kaye Wells Fargo | Overweight | $27 | Maintains | Jul 26, 2024 |
| Mark Devries Deutsche Bank | Buy | $29 | Maintains | Jul 25, 2024 |
| Richard Shane JP Morgan | Neutral | $25 | Maintains | Jul 25, 2024 |
| Sanjay Sakhrani Keefe, Bruyette & Woods | Outperform | $27 | Maintains | Jul 25, 2024 |
| Jon Arfstrom RBC Capital | Outperform | $27 | Maintains | Jul 25, 2024 |
| David Chiaverini Wedbush | Outperform | $29 | Maintains | Jul 25, 2024 |
| Moshe Orenbuch TD Cowen | Buy | $27 | Maintains | Jun 4, 2024 |
| David Chiaverini Wedbush | Outperform | $28 | Reiterates | May 16, 2024 |
| David Chiaverini Wedbush | Outperform | $28 | Maintains | Apr 25, 2024 |
| Jon Arfstrom RBC Capital | Outperform | $25 | Maintains | Apr 25, 2024 |
| Richard Shane JP Morgan | Neutral | $23 | Maintains | Apr 25, 2024 |
| Michael Kaye Wells Fargo | Overweight | $24 | Maintains | Apr 18, 2024 |
| Richard Shane JP Morgan | Neutral | $22 | Maintains | Apr 3, 2024 |
| Jon Arfstrom RBC Capital | Outperform | $22 | Maintains | Jan 25, 2024 |
| Arren Cyganovich Citigroup | Buy | $23 | Upgrade | Jan 16, 2024 |
| Mark Devries Deutsche Bank | Buy | $25 | Initiates | Jan 10, 2024 |
| Richard Shane JP Morgan | Neutral | $20 | Downgrade | Jan 4, 2024 |
| David Chiaverini Wedbush | Outperform | $21 | Maintains | Dec 13, 2023 |
When did it IPO
1988
Staff Count
1,740
Country
United States
Sector/Industry
Financial Services/Credit Services
CEO
Mr. Jonathan W. Witter
Market Cap
$4.95B
In 2023, SLM generated $1.81B in revenue, which was a decrease of -0.77% from the previous year. This can be seen as a signal that SLM's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 25 Sep 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Sallie Mae Fund is donating $200,000 to HBCU Week Foundation to enhance higher education access at HBCUs and will sponsor college fairs in Wilmington and Orlando in September and October.
Why It Matters - The Sallie Mae Fund's contribution enhances its brand image and commitment to education, potentially attracting socially conscious investors and increasing interest in its financial products.
Thu, 05 Sep 2024
Sentiment - POSITIVE
Source - The Motley Fool
Summary - Two experts have shared their top investment ideas currently.
Why It Matters - Top ideas from experts can signal emerging trends or opportunities, potentially influencing investment decisions and market movements.
Fri, 30 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - SLM's increasing average loan balance is contributing to net interest income growth, but rising costs pose a near-term risk.
Why It Matters - Rising loan balances boost net interest income (NII) for SLM, indicating growth potential, but increasing costs could pressure margins and impact profitability in the short term.
Wed, 28 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Sallie Mae's CFO Pete Graham will speak at the Barclays Global Financial Services Conference on Sept. 10 at 10:30 a.m. ET. A webcast will be available at SallieMae.com/investors.
Why It Matters - Sallie Mae's CFO speaking at a major conference highlights potential insights into the company's financial health and strategy, influencing investor sentiment and stock performance.
Mon, 12 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Rising prices and asset quality issues may challenge the Zacks Consumer Loans industry; however, digitization, anticipated rate cuts, and easing lending standards could benefit Ally Financial, Mr. Cooper, and SLM Corp.
Why It Matters - Rising prices and asset quality issues may hinder the Consumer Loans sector, but digital advancements and favorable conditions could boost Ally Financial, Mr. Cooper, and SLM Corp's performance.
Fri, 26 Jul 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - SLM's Q2 2024 results show growing loan originations and an upgraded EPS guidance, indicating potential for favorable market multiples despite a narrowing net interest margin.
Why It Matters - SLM's Q2 2024 results show growth in loan originations and upgraded EPS guidance, indicating potential for increased dividends and improved market multiples, enhancing stock attractiveness.
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