SLM (NASDAQ:SLMBP – Get Free Report) is anticipated to post its resultson Thursday, April 23rd. Analysts expect SLM to post earnings of $0.9020 per share and revenue of $496.46 million for the quarter.
SLM Stock Down 0.5%
Shares of NASDAQ:SLMBP opened at $74.24 on Wednesday. SLM has a fifty-two week low of $70.58 and a fifty-two week high of $83.15. The firm’s 50 day moving average price is $74.89 and its 200 day moving average price is $74.73.
Analysts Set New Price Targets
Separately, Bank of America reissued a “buy” rating on shares of SLM in a research report on Monday, March 9th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $40.00.
About SLM
SLM Corporation, doing business as Sallie Mae, is a U.S.-based provider of private student loans, servicing, and banking products. The company specializes in originating and servicing education loans for undergraduate, graduate and professional students, as well as career and technical training programs. In addition to its core student lending business, Sallie Mae offers deposit products, credit cards and digital tools designed to help customers manage personal finances and plan for higher-education expenses.
Sallie Mae’s product suite includes fixed- and variable-rate private student loans, graduate student loans, parent loans and career training loans.
Further Reading
Receive News & Ratings for SLM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SLM and related companies with MarketBeat.com's FREE daily email newsletter.
