SLM Corporation (NASDAQ:SLM) Given Average Recommendation of “Moderate Buy” by Analysts

SLM Corporation (NASDAQ:SLMGet Free Report) has been assigned an average rating of “Moderate Buy” from the twelve brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $29.80.

Several analysts have recently weighed in on SLM shares. Weiss Ratings cut shares of SLM from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 20th. Royal Bank Of Canada set a $28.00 price objective on shares of SLM in a research report on Friday, April 10th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $40.00 price objective on shares of SLM in a research report on Friday, January 23rd. Compass Point upgraded shares of SLM from a “sell” rating to a “neutral” rating and lowered their price objective for the company from $23.00 to $22.00 in a research report on Monday, March 30th. Finally, Barclays raised their price objective on shares of SLM from $27.00 to $30.00 and gave the company an “overweight” rating in a research report on Friday, April 24th.

Read Our Latest Report on SLM

Institutional Trading of SLM

Several institutional investors and hedge funds have recently made changes to their positions in SLM. EverSource Wealth Advisors LLC grew its holdings in shares of SLM by 19.4% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,081 shares of the credit services provider’s stock valued at $66,000 after purchasing an additional 501 shares during the last quarter. Triumph Capital Management bought a new position in shares of SLM during the 3rd quarter valued at $69,000. GAMMA Investing LLC grew its holdings in shares of SLM by 9.6% during the 4th quarter. GAMMA Investing LLC now owns 7,649 shares of the credit services provider’s stock valued at $207,000 after purchasing an additional 669 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of SLM by 11.4% during the 3rd quarter. Arkadios Wealth Advisors now owns 8,315 shares of the credit services provider’s stock valued at $230,000 after purchasing an additional 853 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of SLM during the 1st quarter valued at $263,000. Hedge funds and other institutional investors own 98.94% of the company’s stock.

SLM Stock Performance

NASDAQ SLM opened at $22.02 on Friday. SLM has a 1 year low of $17.77 and a 1 year high of $34.97. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.30 and a quick ratio of 1.29. The stock has a market capitalization of $4.15 billion, a PE ratio of 6.10, a P/E/G ratio of 1.97 and a beta of 1.01. The company’s 50 day simple moving average is $21.59 and its two-hundred day simple moving average is $24.65.

SLM (NASDAQ:SLMGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.40. The firm had revenue of $559.99 million for the quarter, compared to analysts’ expectations of $486.05 million. SLM had a net margin of 26.42% and a return on equity of 34.80%. The business’s quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter last year, the company posted $1.40 EPS. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. Analysts predict that SLM will post 3.14 earnings per share for the current fiscal year.

SLM Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.13 per share. The ex-dividend date is Thursday, June 4th. This represents a $0.52 annualized dividend and a dividend yield of 2.4%. SLM’s dividend payout ratio (DPR) is 14.40%.

SLM Company Profile

(Get Free Report)

SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.

Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.

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Analyst Recommendations for SLM (NASDAQ:SLM)

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