Financial Services - Financial - Credit Services - NASDAQ - US
$ 24.47
1.87 %
$ 5.2 B
Market Cap
8.44
P/E
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 also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.[ Read More ]
The intrinsic value of one SLM stock under the base case scenario is HIDDEN Compared to the current market price of 24.5 USD, SLM Corporation is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart SLM
FINANCIALS
2.59 B
REVENUE
1.09 B
OPERATING INCOME
581 M
NET INCOME
-145 M
OPERATING CASH FLOW
-12.5 M
INVESTING CASH FLOW
-316 M
FINANCING CASH FLOW
653 M
REVENUE
23.1 M
OPERATING INCOME
-45.2 M
NET INCOME
-111 M
OPERATING CASH FLOW
-1.81 B
INVESTING CASH FLOW
1.18 B
FINANCING CASH FLOW
Balance Sheet Decomposition
SLM Corporation
| Current Assets | 5.9 B |
| Cash & Short-Term Investments | 4.15 B |
| Receivables | 1.75 B |
| Other Current Assets | 0 |
| Non-Current Assets | 2.76 B |
| Long-Term Investments | 2.56 B |
| PP&E | 130 M |
| Other Non-Current Assets | 68.7 M |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 5.23 B |
| Long-Term Debt | 5.23 B |
| Other Non-Current Liabilities | 0 |
EFFICIENCY
Earnings Waterfall
SLM Corporation
| Revenue | 2.59 B |
| Cost Of Revenue | 2.48 B |
| Gross Profit | 107 M |
| Operating Expenses | 372 M |
| Operating Income | 1.09 B |
| Other Expenses | 510 M |
| Net Income | 581 M |
RATIOS
4.15%
GROSS MARGIN
42.11%
OPERATING MARGIN
22.43%
NET MARGIN
30.91%
ROE
1.99%
ROA
11.47%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
SLM Corporation
| Net Income | 581 M |
| Depreciation & Amortization | 84.2 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 36.4 M |
| Change in Working Capital | -1.05 B |
| Others | 222 M |
| Free Cash Flow | -145 M |
Wall Street Analysts Price Targets
SLM Corporation
Wall Street analysts predict an average 1-year price target for SLM of $26.2 , with forecasts ranging from a low of $24 to a high of $28 .
SLM Lowest Price Target
Wall Street Target
24 USD
-1.92%
SLM Average Price Target
Wall Street Target
26.2 USD
7.27%
SLM Highest Price Target
Wall Street Target
28 USD
14.43%
4. DIVIDEND ANALYSIS
0.57%
DIVIDEND YIELD
0.13 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
SLM Corporation
Sold
0-3 MONTHS
300 K USD 1
3-6 MONTHS
505 K USD 2
6-9 MONTHS
2.06 M USD 2
9-12 MONTHS
249 K USD 1
Bought
0 USD 0
0-3 MONTHS
249 K USD 1
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 weeks ago
Nov 01, 2024
|
Sell 99.5 K USD
|
Strong Robert S.
Director |
- 4500
|
22.1122 USD |
|
1 month ago
Oct 01, 2024
|
Sell 102 K USD
|
Strong Robert S.
Director |
- 4500
|
22.7177 USD |
|
2 months ago
Sep 03, 2024
|
Sell 98.1 K USD
|
Strong Robert S.
Director |
- 4500
|
21.8017 USD |
|
3 months ago
Aug 01, 2024
|
Sell 102 K USD
|
Strong Robert S.
Director |
- 4500
|
22.7 USD |
|
4 months ago
Jul 01, 2024
|
Sell 94 K USD
|
Strong Robert S.
Director |
- 4500
|
20.8931 USD |
|
5 months ago
Jun 03, 2024
|
Sell 96.5 K USD
|
Strong Robert S.
Director |
- 4500
|
21.44 USD |
|
5 months ago
May 31, 2024
|
Bought 249 K USD
|
Blackley Richard Scott
Director |
+ 11702
|
21.3107 USD |
|
6 months ago
May 17, 2024
|
Sell 51.3 K USD
|
Jafarieh Nicolas
EVP -Legal, Govt, Comm Officer |
- 2419
|
21.19 USD |
|
6 months ago
May 15, 2024
|
Sell 161 K USD
|
Jafarieh Nicolas
EVP -Legal, Govt, Comm Officer |
- 7532
|
21.3752 USD |
|
6 months ago
May 10, 2024
|
Sell 110 K USD
|
Pahwa Munish
Chief Risk Officer |
- 5000
|
21.9452 USD |
|
8 months ago
Feb 29, 2024
|
Sell 1.95 M USD
|
Boyles Jonathan
SVP & Controller |
- 94078
|
20.7171 USD |
|
9 months ago
Jan 30, 2024
|
Sell 249 K USD
|
VIEIRA DONNA F
EVP & Chief Commercial Officer |
- 12308
|
20.2701 USD |
|
1 year ago
Jul 31, 2023
|
Sell 121 K USD
|
Jafarieh Nicolas
EVP -Legal, Govt, Comm Officer |
- 7500
|
16.1152 USD |
|
1 year ago
Jun 07, 2023
|
Sell 422 K USD
|
Boyles Jonathan
SVP & Controller |
- 24729
|
17.0683 USD |
|
1 year ago
Jun 05, 2023
|
Sell 688 K USD
|
McGarry Steven
EVP & Chief Financial Officer |
- 41733
|
16.4932 USD |
|
2 years ago
Mar 04, 2022
|
Sell 107 K USD
|
Boyles Jonathan
SVP & Controller |
- 6140
|
17.43 USD |
|
2 years ago
Feb 25, 2022
|
Sell 454 K USD
|
McGarry Steven
EVP & Chief Financial Officer |
- 22834
|
19.8919 USD |
|
2 years ago
Feb 28, 2022
|
Sell 297 K USD
|
McGarry Steven
EVP & Chief Financial Officer |
- 15016
|
19.75 USD |
|
3 years ago
Aug 03, 2021
|
Sell 123 K USD
|
Jafarieh Nicolas
SVP -Legal, Govt, Comm Officer |
- 6500
|
18.9 USD |
|
3 years ago
Apr 27, 2021
|
Bought 28.5 K USD
|
Strong Robert S.
Director |
+ 1500
|
18.9988 USD |
|
3 years ago
Feb 17, 2021
|
Bought 105 K USD
|
Franke Mary Carter Warren
Director |
+ 7000
|
15.0275 USD |
|
4 years ago
Oct 27, 2020
|
Sell 304 K USD
|
Thome Paul F
EVP |
- 32903
|
9.2539 USD |
|
4 years ago
Jan 27, 2020
|
Sell 82.3 K USD
|
GOODE EARL A
Director |
- 7323
|
11.2358 USD |
|
5 years ago
Mar 12, 2019
|
Sell 8.53 K USD
|
Pitcher Jed H
Director |
- 805
|
10.5938 USD |
|
5 years ago
Mar 01, 2019
|
Sell 523 K USD
|
Dale Jeffrey
SVP & Chief Risk Officer |
- 46762
|
11.1905 USD |
|
5 years ago
Mar 01, 2019
|
Sell 761 K USD
|
Boyles Jonathan
SVP & Controller |
- 68000
|
11.1962 USD |
|
5 years ago
Feb 27, 2019
|
Sell 278 K USD
|
Thome Paul F
EVP & Chief Admin Officer |
- 25000
|
11.1 USD |
|
6 years ago
Aug 03, 2018
|
Sell 246 K USD
|
Thome Paul F
EVP & Chief Admin Officer |
- 22104
|
11.1269 USD |
|
6 years ago
Jun 06, 2018
|
Sell 1.14 M USD
|
McGarry Steven
EVP & Chief Financial Officer |
- 95584
|
11.882 USD |
|
6 years ago
May 21, 2018
|
Sell 104 K USD
|
Jafarieh Nicolas
SVP, General Counsel |
- 8911
|
11.6824 USD |
|
6 years ago
Apr 30, 2018
|
Sell 53.6 K USD
|
Puleo Frank C
Director |
- 4585
|
11.681 USD |
|
6 years ago
May 02, 2018
|
Sell 53.6 K USD
|
GOODE EARL A
Director |
- 4617
|
11.605 USD |
|
6 years ago
Mar 05, 2018
|
Sell 424 K USD
|
Dale Jeffrey
SVP & Chief Risk Officer |
- 37807
|
11.211 USD |
|
6 years ago
Mar 02, 2018
|
Sell 707 K USD
|
Boyles Jonathan
SVP & Controller |
- 64585
|
10.951 USD |
|
6 years ago
Feb 02, 2018
|
Sell 118 K USD
|
Lutz Laurent Charles
EVP, GC and Secretary |
- 10000
|
11.8 USD |
|
6 years ago
Feb 05, 2018
|
Sell 114 K USD
|
Lutz Laurent Charles
EVP, GC and Secretary |
- 10000
|
11.4 USD |
|
6 years ago
Feb 06, 2018
|
Sell 220 K USD
|
Lutz Laurent Charles
EVP, GC and Secretary |
- 20000
|
11.0175 USD |
|
6 years ago
Jan 26, 2018
|
Sell 161 K USD
|
McGarry Steven
EVP & Chief Financial Officer |
- 13836
|
11.621 USD |
|
6 years ago
Jan 26, 2018
|
Sell 143 K USD
|
Thome Paul F
EVP & Chief Admin Officer |
- 12429
|
11.5 USD |
|
6 years ago
Jan 25, 2018
|
Sell 99.4 K USD
|
GOODE EARL A
Director |
- 8640
|
11.5 USD |
|
6 years ago
Jan 25, 2018
|
Sell 3.8 K USD
|
Pitcher Jed H
Director |
- 330
|
11.514 USD |
|
6 years ago
Jan 24, 2018
|
Sell 1.44 M USD
|
Lutz Laurent Charles
EVP, GC and Secretary |
- 125952
|
11.45 USD |
|
6 years ago
Dec 04, 2017
|
Sell 736 K USD
|
Dale Jeffrey
SVP & Chief Risk Officer |
- 62807
|
11.7143 USD |
|
6 years ago
Dec 04, 2017
|
Sell 32.3 K USD
|
Boyles Jonathan
SVP & Controller |
- 2776
|
11.652 USD |
|
6 years ago
Dec 01, 2017
|
Sell 2.3 M USD
|
Quinlan Raymond J.
Chairman & CEO |
- 200000
|
11.5183 USD |
7. News
Sallie Mae Provides Tips and Tools to Help Students and Families Access Scholarships This National Scholarship Month
NEWARK, Del.--(BUSINESS WIRE)--November is National Scholarship Month, an ideal time for students and families to explore scholarship opportunities. The key is knowing where to find them, and when, and how to apply. While research from Sallie Mae and Ipsos confirms 64% of families used scholarships to pay for higher education, millions of dollars in scholarships go unclaimed every year. In addition, misconceptions about scholarships persist. More than half (52%) of families believe scholarships.
businesswire.com
- 4 days ago
Sallie Mae Commemorates Veterans Day With $50,000 Grant to Folds Of Honor
NEWARK, Del.--(BUSINESS WIRE)--In honor of Veterans Day, The Sallie Mae Fund today announced a $50,000 grant to Folds of Honor, reinforcing its commitment to military servicemembers and their families. The grant will specifically support scholarships for the children and families of fallen and disabled military servicemembers. “Sallie Mae's continued support of our scholarship program provides a pathway to higher education for servicemembers' families, helping them build the kind of futures the.
businesswire.com
- 1 week ago
Sallie Mae Awards $400,000 in Scholarships to Support Access to Higher Education
NEWARK, Del.--(BUSINESS WIRE)--In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship. This year, 40 outstanding high school students from across the country, who excelled both inside and outside the classroom—and demonstrated financial need—were awarded a $10,000 scholarship from The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund. Thirty of this year's recipients are attending Historically Black.
businesswire.com
- 1 week ago
Sallie Mae Q3 Loss Widens on Lower NII & Higher Expenses, Stock Dips
SLM's third-quarter 2024 results reflect a decline in NII and a rise in expenses. Higher loan originations and lower provisions are positives.
zacks.com
- 3 weeks ago
SLM Corporation (SLM) Q3 2024 Earnings Call Transcript
SLM Corporation (NASDAQ:SLM ) Q3 2024 Earnings Conference Call October 23, 2024 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head, Investor Relations Jon Witter - CEO & Director Pete Graham - EVP & CFO Conference Call Participants Terry Ma - Barclays Sanjay Sakhrani - KBW Mark DeVries - Deutsche Bank Nate Richam - Bank of America Merrill Lynch Rick Shane - JPMorgan Jeff Adelson - Morgan Stanley Jon Arfstrom - RBC Capital Markets John Hecht - Jefferies Operator Welcome to the Sallie Mae Third Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Melissa Bronaugh, Head of Investor Relations.
seekingalpha.com
- 3 weeks ago
Sallie Mae (SLM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Sallie Mae (SLM) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
- 3 weeks ago
Sallie Mae (SLM) Reports Q3 Loss, Misses Revenue Estimates
Sallie Mae (SLM) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of $0.07. This compares to earnings of $0.11 per share a year ago.
zacks.com
- 3 weeks ago
Sallie Mae Reports Third-Quarter 2024 Financial Results and Increases Dividend on Common Stock for Fourth-Quarter 2024
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third-quarter 2024 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. Sallie Mae also announced an increase to its 2024 fourth-quarter dividend on its common stock from $0.11 to $0.13 per share. Sallie Mae further announced a 2024 fo.
businesswire.com
- 3 weeks ago
Sallie Mae (SLM) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Besides Wall Street's top -and-bottom-line estimates for Sallie Mae (SLM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
zacks.com
- 3 weeks ago
Earnings Preview: Sallie Mae (SLM) Q3 Earnings Expected to Decline
Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
Sallie Mae to Release Third-Quarter 2024 Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release third-quarter 2024 financial results after market close on Wednesday, Oct. 23, 2024. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (Nasda.
businesswire.com
- 1 month ago
Sallie Mae Contributes $200,000 to Support College Access at Historically Black Colleges and Universities
NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund, Inc. today announced it is contributing $200,000 to HBCU Week Foundation, Inc. to support higher education access at Historically Black Colleges and Universities (HBCUs). The Sallie Mae Fund will again be the presenting sponsor for the HBCU Week College Fair in Wilmington, Del., on Sept. 27 and the national HBCU College Fair in Orlando, Fla., on Oct. 24. These events attract thousands of prospective HBCU students and connect students to school.
businesswire.com
- 1 month ago
8. Profile Summary
SLM Corporation SLM
COUNTRY
US
INDUSTRY
Financial - Credit Services
MARKET CAP
$ 5.2 B
Dividend Yield
0.57%
Description
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 also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts, as well as credit card loans. It serves students and families through financial aid, federal loans, and student and family resources. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
Contact
300 Continental Drive, Newark, DE, 19713
https://www.salliemae.com
IPO Date
Sept. 23, 1983
Employees
1740
Officers
Matthew Santora
Director of Investor Relations
Ms. Kerri A. Palmer
Executive Vice President & Chief Operating Officer
Mr. Nicolas Jafarieh
Executive Vice President and Chief Legal, Government Affairs & Communications Officer
Ms. Melissa Bronaugh CPA
Vice President & Head of Investor Relations
Mr. Jeremy Brandon
Executive Vice President & Chief Audit Officer
Mr. Richard M. Nelson
Senior Vice President, Chief Regulatory Counsel & Corporate Secretary
Mr. Jonathan W. Witter
Chief Executive Officer & Director
Ms. Donna F. Vieira
Executive Vice President & Chief Commercial Officer
Mr. William Wolf
Executive Vice President & Chief People Officer
Mr. Munish Pahwa
Executive Vice President, Chief Risk Officer & Chief Credit Risk Officer