Sallie Mae/SLM

$20.70

-0.62%
-
1D1W1MYTD1YMAX

About Sallie Mae

SLM Corporation is a holding company, which operates through subsidiaries and is the financial brand for higher education. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It provides tools, resources, and information to help students and families make informed decisions and to improve access and support college completion through its scholarship programs and financing options. It originates and services Private Education Loans, which is a smart option student loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers total finance charges. The Company also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Health Professions Graduate Loan, the Sallie Mae Medical School Loan, the Sallie Mae Dental School Loan, and the Sallie Mae Graduate School Loan.

Ticker

SLM

Sector

Financials

Trading on

NASDAQ

Industry

Consumer Financial Services

CEO

Jonathan Witter

Employees

1,740

Headquarters

Newark, United States

Sallie Mae Metrics

BasicAdvanced
$4.59B
Market cap
8.68
P/E ratio
$2.40
EPS
1.17
Beta
$0.44
Dividend rate
2.11%
Dividend yield

What the Analysts think about Sallie Mae

Analyst Ratings

Majority rating from 12 analysts.
Buy

Price Targets

Average projection from 11 analysts.
10.24% upside
High $25.00
Low $22.00
$20.70
Current price
$22.82
Average price target

Sallie Mae Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
23.2% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$725.6M
7.27%
Net income
$168.4M
474.74%
Profit margin
23.2%
435.8%

Sallie Mae Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 2.4%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.47
$1.10
$0.11
$0.91
-
Expected
$0.35
$1.16
$0.31
$0.89
$1.06
Surprise
32.57%
-5.31%
-64.62%
2.4%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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