SLM (NASDAQ:SLM – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 3.000-3.100 for the period, compared to the consensus estimate of 3.050. The company issued revenue guidance of -.
SLM Trading Up 6.1 %
Shares of SLM stock opened at $31.09 on Friday. The company’s fifty day moving average is $27.18 and its two-hundred day moving average is $23.83. SLM has a 1 year low of $18.84 and a 1 year high of $29.75. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.27 and a current ratio of 1.29. The company has a market capitalization of $6.60 billion, a P/E ratio of 10.73, a PEG ratio of 0.79 and a beta of 1.21.
SLM (NASDAQ:SLM – Get Free Report) last announced its earnings results on Thursday, January 23rd. The credit services provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.06). SLM had a net margin of 22.18% and a return on equity of 35.92%. Analysts forecast that SLM will post 2.72 earnings per share for the current year.
SLM Announces Dividend
Analyst Ratings Changes
Several research analysts have issued reports on the company. JPMorgan Chase & Co. increased their price objective on SLM from $27.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 14th. Morgan Stanley increased their target price on shares of SLM from $26.00 to $32.00 and gave the company an “overweight” rating in a report on Thursday, December 19th. Wedbush reaffirmed an “outperform” rating and issued a $26.00 price objective on shares of SLM in a research note on Thursday, October 24th. Barclays dropped their price objective on SLM from $27.00 to $26.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and set a $30.00 target price (up from $27.00) on shares of SLM in a report on Monday, December 9th. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.90.
View Our Latest Research Report on SLM
Insider Activity
In other SLM news, Director Robert S. Strong sold 4,500 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $27.25, for a total transaction of $122,625.00. Following the completion of the sale, the director now owns 83,130 shares of the company’s stock, valued at approximately $2,265,292.50. The trade was a 5.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.20% of the company’s stock.
About SLM
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.
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