SLM (Nasdaq:SLM) - Stock Price, News & Analysis

SLM Stock Overview

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. More details

SLM fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	1/6
Past Performance	3/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 53.7% below our estimate of its fair value

Earnings grew by 102.4% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Earnings are forecast to decline by an average of 1.1% per year for the next 3 years

Debt is not well covered by operating cash flow

Dividend of 2.17% is not well covered by free cash flows

SLM Corporation Competitors

Nelnet

NYSE:NNI

US$3.9b

OneMain Holdings

NYSE:OMF

US$6.5b

Qifu Technology

NasdaqGS:QFIN

US$5.0b

Credit Acceptance

NasdaqGS:CACC

US$5.4b

Price History & Performance

Summary of all time highs, changes and price drops for SLM
Historical stock prices
Current Share Price	US$23.87
52 Week High	US$24.59
52 Week Low	US$13.93
Beta	1.17
11 Month Change	4.01%
3 Month Change	13.40%
1 Year Change	66.23%
33 Year Change	29.03%
5 Year Change	181.82%
Change since IPO	164.63%

SLM (NASDAQ:SLM) Has Announced That It Will Be Increasing Its Dividend To $0.13

Oct 27

Recent updates

Shareholder Returns

	SLM	US Consumer Finance	US Market
7D	-0.7%	-1.6%	-1.2%
1Y	66.2%	70.3%	30.4%

Return vs Industry: SLM underperformed the US Consumer Finance industry which returned 70.3% over the past year.

Return vs Market: SLM exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is SLM's price volatile compared to industry and market?
SLM volatility
SLM Average Weekly Movement	5.1%
Consumer Finance Industry Average Movement	7.3%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SLM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SLM's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1972	1,740	Jon Witter	www.salliemae.com

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 Fundamentals Summary

How do SLM's earnings and revenue compare to its market cap?
SLM fundamental statistics
Market cap	US$5.07b
Earnings (TTM)	US$646.56m
Revenue (TTM)	US$1.59b

7.8x

P/E Ratio

3.2x

P/S Ratio

Is SLM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLM income statement (TTM)
Revenue	US$1.59b
Cost of Revenue	US$0
Gross Profit	US$1.59b
Other Expenses	US$939.58m
Earnings	US$646.56m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.05
Gross Margin	100.00%
Net Profit Margin	40.76%
Debt/Equity Ratio	282.9%

How did SLM perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

15%

Payout Ratio

Does SLM pay a reliable dividends?

See SLM dividend history and benchmarks

When do you need to buy SLM by to receive an upcoming dividend?
SLM dividend dates
Ex Dividend Date	Dec 05 2024
Dividend Pay Date	Dec 16 2024
Days until Ex dividend	14 days
Days until Dividend pay date	25 days

Does SLM pay a reliable dividends?

See SLM dividend history and benchmarks

SLM Stock Overview

Rewards

Risk Analysis

SLM Corporation Competitors

NYSE:NNI

US$3.9b

NYSE:OMF

US$6.5b

NasdaqGS:QFIN

US$5.0b

NasdaqGS:CACC

US$5.4b

Price History & Performance

Recent News & Updates

SLM (NASDAQ:SLM) Has Announced That It Will Be Increasing Its Dividend To $0.13

Third quarter dividend increased to US$0.13

Sallie Mae Increases Dividend on Common Stock for Fourth-Quarter 2024, Payable on December 16, 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

SLM Corporation to Report Q3, 2024 Results on Oct 23, 2024

Recent updates

SLM (NASDAQ:SLM) Has Announced That It Will Be Increasing Its Dividend To $0.13

Third quarter dividend increased to US$0.13

Sallie Mae Increases Dividend on Common Stock for Fourth-Quarter 2024, Payable on December 16, 2024

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

SLM Corporation to Report Q3, 2024 Results on Oct 23, 2024

Upcoming dividend of US$0.11 per share

Second quarter dividend of US$0.11 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Sallie Mae Declares Dividend on Common Stock, Payable on September 16, 2024

SLM Corporation's (NASDAQ:SLM) Business And Shares Still Trailing The Market

SLM Corporation to Report Q2, 2024 Results on Jul 24, 2024

SLM Corporation(NasdaqGS:SLM) dropped from Russell 2500 Growth Index

Upcoming dividend of US$0.11 per share

SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Sallie Mae Announces 2024 Second-Quarter Dividend, Payable on June 17, 2024

SLM Corporation to Report Q1, 2024 Results on Apr 24, 2024

Take Care Before Diving Into The Deep End On SLM Corporation (NASDAQ:SLM)

New major risk - Revenue and earnings growth

SLM Corporation Announces Directorate Changes

New minor risk - Insider selling

Senior VP & Controller recently sold US$1.9m worth of stock

Senior VP & Controller notifies of intention to sell stock

Senior VP & Controller notifies of intention to sell stock

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Upcoming dividend of US$0.11 per share

SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11

SLM Corporation, Annual General Meeting, Jun 18, 2024

SLM (NASDAQ:SLM) Is Due To Pay A Dividend Of $0.11

Fourth quarter dividend of US$0.11 announced

Price target increased by 8.6% to US$22.23

SLM Corporation (NasdaqGS:SLM) announces an Equity Buyback for $650 million worth of its shares.

Sallie Mae Declares Dividend on Common Stock for the First-Quarter of 2024, Payable on March 15, 2024

SLM Corporation to Report Q4, 2023 Results on Jan 24, 2024

Price target increased by 9.6% to US$20.46

Price target increased by 7.6% to US$18.25

Upcoming dividend of US$0.11 per share at 3.1% yield

Sallie Mae Appoints New Members to its Board of Directors

Investor sentiment improves as stock rises 15%

SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Sallie Mae Declares Dividend on Common Stock, Payable on December 15, 2023

SLM Corporation to Report Q3, 2023 Results on Oct 25, 2023

Sallie Mae Announces Executive Changes, Effective September 18, 2023

SLM's (NASDAQ:SLM) Dividend Will Be $0.11

Upcoming dividend of US$0.11 per share at 3.1% yield

Executive VP & CFO notifies of intention to sell stock

SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11

New minor risk - Profit margin trend

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Sallie Mae Announces Executive Changes

SLM Corporation to Report Q2, 2023 Results on Jul 26, 2023

Executive VP & CFO recently sold US$688k worth of stock

Executive VP & CFO notifies of intention to sell stock

Upcoming dividend of US$0.11 per share at 2.9% yield

SLM (NASDAQ:SLM) Will Pay A Dividend Of $0.11

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of US$0.11 per share at 3.1% yield

SLM Corporation, Annual General Meeting, Jun 20, 2023

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind