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SLM NasdaqGS:SLM Stock Report

Last Price

US$23.00

Market Cap

US$5.1b

7D

-1.5%

1Y

46.2%

Updated

25 Jul, 2024

Data

Company Financials +

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.

SLM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health3/6
Dividends2/6

SLM Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SLM
Historical stock prices
Current Share PriceUS$23.00
52 Week HighUS$23.95
52 Week LowUS$12.26
Beta1.18
11 Month Change11.33%
3 Month Change5.02%
1 Year Change46.22%
33 Year Change21.12%
5 Year Change156.41%
Change since IPO154.99%

Recent News & Updates

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

Jul 12
SLM Corporation's (NASDAQ:SLM) Business And Shares Still Trailing The Market

Recent updates

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

Jul 12
SLM Corporation's (NASDAQ:SLM) Business And Shares Still Trailing The Market

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

Apr 26
SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11

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

Apr 11
Take Care Before Diving Into The Deep End On SLM Corporation (NASDAQ:SLM)

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

Feb 19
SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11

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

Jan 27
SLM (NASDAQ:SLM) Is Due To Pay A Dividend Of $0.11

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

Oct 30
SLM (NASDAQ:SLM) Has Affirmed Its Dividend Of $0.11

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

Aug 28
SLM's (NASDAQ:SLM) Dividend Will Be $0.11

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

Jul 29
SLM (NASDAQ:SLM) Has Announced A Dividend Of $0.11

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

May 04
SLM (NASDAQ:SLM) Will Pay A Dividend Of $0.11

SLM (NASDAQ:SLM) Is Paying Out A Dividend Of $0.11

Feb 03
SLM (NASDAQ:SLM) Is Paying Out A Dividend Of $0.11

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

Nov 17
SLM (NASDAQ:SLM) Is Due To Pay A Dividend Of $0.11

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

Nov 02
SLM (NASDAQ:SLM) Will Pay A Dividend Of $0.11

Sallie Mae Q2 2022 Earnings Preview

Jul 26

Does SLM (NASDAQ:SLM) Deserve A Spot On Your Watchlist?

Apr 05
Does SLM (NASDAQ:SLM) Deserve A Spot On Your Watchlist?

If You Like EPS Growth Then Check Out SLM (NASDAQ:SLM) Before It's Too Late

Dec 06
If You Like EPS Growth Then Check Out SLM (NASDAQ:SLM) Before It's Too Late

Shareholder Returns

SLMUS Consumer FinanceUS Market
7D-1.5%-2.0%-2.4%
1Y46.2%33.6%17.5%

Return vs Industry: SLM exceeded the US Consumer Finance industry which returned 30.3% over the past year.

Return vs Market: SLM exceeded the US Market which returned 17.2% over the past year.

Price Volatility

Is SLM's price volatile compared to industry and market?
SLM volatility
SLM Average Weekly Movement3.7%
Consumer Finance Industry Average Movement5.3%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: SLM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19721,740Jon Witterwww.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 capUS$5.14b
Earnings (TTM)US$721.08m
Revenue (TTM)US$1.68b

6.9x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SLM income statement (TTM)
RevenueUS$1.68b
Cost of RevenueUS$0
Gross ProfitUS$1.68b
Other ExpensesUS$963.44m
EarningsUS$721.08m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.32
Gross Margin100.00%
Net Profit Margin42.81%
Debt/Equity Ratio236.6%

How did SLM perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

14%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.