SLM - SLM Corp Stock Price, Fair Value and News

21.74USD+0.11 (+0.51%)Delayed as of 08 May 2024, 02:07 pm ET

Market Summary

USD21.74+0.11

Delayedas of 08 May 2024, 02:07 pm

0.51%

SLM Alerts

Big jump in Earnings (Y/Y)

SLM Stock Price

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SLM RSI Chart

SLM Valuation

Market Cap

4.8B

Price/Earnings (Trailing)

6.45

Price/Sales (Trailing)

1.82

EV/EBITDA

2.4

Price/Free Cashflow

-20.71

SLM Price/Sales (Trailing)

SLM Profitability

EBT Margin

38.57%

Return on Equity

34.97%

Return on Assets

2.61%

Free Cashflow Yield

-4.83%

SLM Fundamentals

SLM Revenue

Revenue (TTM)

2.6B

Rev. Growth (Yr)

4.07%

Rev. Growth (Qtr)

-0.75%

SLM Earnings

Earnings (TTM)

739.2M

Earnings Growth (Yr)

144.63%

Earnings Growth (Qtr)

77.09%

Breaking Down SLM Revenue

52 Week Range

13.0421.75

(Low)(High)

Last 7 days

2.1%

Last 30 days

2.0%

Last 90 days

13.4%

Trailing 12 Months

46.7%

How does SLM drawdown profile look like?

SLM Financial Health

Debt/Equity

2.35

Debt/Cashflow

-0.05

SLM Investor Care

Dividend Yield

2.03%

Dividend/Share (TTM)

0.44

Buy Backs (1Y)

8.73%

Diluted EPS (TTM)

3.2

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.6B	0	0	0
2023	2.2B	2.4B	2.5B	2.6B
2022	1.8B	1.8B	1.9B	2.0B
2021	1.9B	1.8B	1.8B	1.8B
2020	2.3B	2.3B	2.1B	2.0B
2019	2.1B	2.2B	2.3B	2.3B
2018	1.5B	1.7B	1.8B	1.9B
2017	1.2B	1.2B	1.3B	1.4B
2016	879.2M	936.0M	999.6M	1.1B
2015	713.8M	746.7M	787.4M	831.1M
2014	574.8M	611.5M	642.0M	674.3M
2013	813.2M	1.1B	1.5B	1.8B
2012	477.0M	481.8M	486.5M	491.3M
2011	0	0	0	472.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of SLM Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 20, 2024	manvitz ted	acquired	-	-	1,154	-
Mar 20, 2024	blackley richard scott	acquired	-	-	1,125	-
Mar 20, 2024	lavelle mark l	acquired	-	-	1,243	-
Feb 29, 2024	boyles jonathan	sold	-1,949,020	20.7171	-94,078	svp & controller
Feb 27, 2024	boyles jonathan	sold (taxes)	-11,331	20.02	-566	svp & controller
Feb 18, 2024	boyles jonathan	sold (taxes)	-42,741	20.18	-2,118	svp & controller
Feb 18, 2024	jafarieh nicolas	sold (taxes)	-43,447	20.18	-2,153	evp -legal, govt, comm officer
Feb 18, 2024	vieira donna f	sold (taxes)	-46,676	20.18	-2,313	evp & chief commercial officer
Feb 18, 2024	witter jonathan w.	sold (taxes)	-444,424	20.18	-22,023	ceo
Feb 18, 2024	pahwa munish	sold (taxes)	-34,326	20.18	-1,701	chief risk officer

Which funds bought or sold SLM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	reduced	-0.99	478,000	4,201,200	0.03%
May 06, 2024	Savant Capital, LLC	added	0.05	285,830	2,324,710	0.03%
May 06, 2024	Empowered Funds, LLC	new	-	216,135	216,135	-%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	117	959	-%
May 06, 2024	Manchester Capital Management LLC	sold off	-100	-24,111	-	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	49.53	744,000	1,802,000	0.01%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-64,492	-	-%
May 06, 2024	Parallel Advisors, LLC	unchanged	-	3,382	27,600	-%
May 06, 2024	SG Americas Securities, LLC	added	117	951,000	1,594,000	0.01%
May 06, 2024	Jefferies Financial Group Inc.	new	-	2,471,260	2,471,260	0.02%

Are Funds Buying or Selling SLM?

Are funds buying SLM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SLM

No. of Funds

SLM Alerts

Big jump in Earnings (Y/Y)

Unveiling SLM Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	ubs asset management americas inc	421%	12,265,852	SC 13G/A
Feb 13, 2024	vanguard group inc	14.64%	33,136,784	SC 13G/A
Feb 09, 2024	massachusetts financial services co /ma/	5.3%	12,047,960	SC 13G/A
Jan 25, 2024	blackrock inc.	8.8%	19,920,050	SC 13G/A
Jun 05, 2023	impactive capital lp	8.3%	2e+07	SC 13D/A
Feb 13, 2023	ubs asset management americas inc	6.62%	16,562,446	SC 13G
Feb 09, 2023	vanguard group inc	12.64%	31,617,580	SC 13G/A
Feb 08, 2023	massachusetts financial services co /ma/	7.0%	17,456,866	SC 13G/A
Jan 30, 2023	barclays plc	14.17%	355,801	SC 13G
Jan 25, 2023	blackrock inc.	8.8%	22,052,246	SC 13G

Recent SEC filings of SLM Corp

View All Filings

Date Filed	Form Type	Document
Apr 30, 2024	8-K	Current Report
Apr 26, 2024	ARS	ARS
Apr 26, 2024	DEF 14A	DEF 14A
Apr 26, 2024	DEFA14A	DEFA14A
Apr 24, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 15, 2024	8-K	Current Report
Mar 28, 2024	8-K	Current Report
Mar 22, 2024	4	Insider Trading
Mar 22, 2024	4	Insider Trading

Peers (Alternatives to SLM Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MA	422.8B	25.7B	-5.03%	17.54%	35.69	16.45	12.62%	22.62%
AXP	168.8B	62.0B	5.48%	53.33%	18.76	2.72	11.96%	24.39%
PYPL	69.0B	30.4B	1.20%	-12.70%	15.89	2.27	8.39%	60.41%
COF	54.4B	43.4B	-0.68%	60.03%	14.03	1.26	26.76%	-52.19%
DFS	31.0B	17.8B	-1.80%	27.62%	13.7	1.74	38.72%	-44.91%
ALLY	12.0B	14.3B	2.68%	57.26%	13.96	0.84	22.92%	-37.74%
MID-CAP
CACC	6.4B	2.0B	-2.40%	18.51%	25.52	3.27	6.86%	-40.40%
FCFS	5.4B	3.2B	-4.54%	14.83%	23.2	1.68	13.90%	-14.51%
WU	4.5B	4.4B	-0.52%	9.63%	7.37	1.04	0.29%	-19.79%
NNI	3.6B	1.1B	2.87%	2.55%	39.37	3.25	8.54%	-77.53%
SMALL-CAP
ENVA	1.7B	2.2B	-0.40%	45.86%	9.83	0.76	22.40%	-16.16%
ATLC	406.5M	1.2B	-3.57%	-0.82%	3.95	0.35	10.41%	-24.15%
CPSS	180.9M	352.0M	8.85%	-16.57%	3.99	0.51	6.77%	-47.27%
AIHS	7.7M	7.3M	-6.98%	-11.70%	-1.98	1.05	-51.06%	-195.09%
CURO	3.3M	853.2M	-	-96.20%	-0.01	0	-15.13%	-1364.54%

SLM Corp News

Latest updates

SLM Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.7%	664	669	652	634	638	584	520	463	465	458	448	435	436	480	482	485	575	600	590	574	566
Operating Expenses	-	-	-	-	-	-	-	-	-	-	125	141	128	124	122	127	142	147	142	154	139	140
EBITDA Margin	8.0%	0.98*	0.91*	0.81*	0.88*	0.98*	1.05*	1.38*	1.42*	1.28*	1.66*	1.72*	1.77*	1.56*	1.31*	1.08*	1.02*	1.13*	1.02*	1.04*	-	-
Interest Expenses	0.3%	387	386	385	387	405	381	370	363	375	367	358	339	331	367	365	349	400	419	405	397	402
Income Taxes	71.6%	98.00	57.00	11.00	91.00	37.00	-19.49	30.00	114	37.00	104	19.00	53.00	204	127	55.00	-30.66	121	35.00	41.00	34.00	56.00
Earnings Before Taxes	72.0%	387	225	41.00	357	156	-96.53	105	456	166	410	92.00	193	845	560	226	-115	484	176	169	184	214
EBT Margin	28.5%	0.39*	0.30*	0.18*	0.22*	0.28*	0.31*	0.60*	0.61*	0.48*	0.87*	0.94*	1.00*	0.80*	0.57*	0.36*	0.32*	0.43*	0.32*	0.33*	-	-
Net Income	77.1%	290	164	25.00	261	119	-80.51	73.00	340	128	305	72.00	139	640	431	169	-87.69	359	137	124	146	154
Net Income Margin	29.8%	0.28*	0.22*	0.13*	0.15*	0.20*	0.23*	0.44*	0.46*	0.36*	0.65*	0.71*	0.75*	0.61*	0.43*	0.27*	0.24*	0.33*	0.24*	0.25*	-	-
Free Cashflow	-182.6%	-76.71	-27.14	-59.35	-67.03	9.00	-0.87	3.00	-60.29	63.00	46.00	85.00	-225	46.00	26.00	-147	-206	144	62.00	-14.36	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-3.1%	28,277	29,169	29,273	27,708	29,454	28,811	29,139	27,499	29,052	29,222	28,791	28,925	30,628	30,770	30,642	30,412	31,761	32,686	31,160	29,585	27,614
Cash Equivalents	-13.6%	3,584	4,150	3,548	3,876	3,716	4,773	4,847	3,650	3,263	4,335	2,718	4,497	6,207	4,610	4,351	4,989	7,293	5,721	3,852	3,999	2,156
Net PPE	-1.6%	127	130	133	135	138	141	144	147	148	151	153	154	155	155	149	148	144	135	135	130	131
Liabilities	-4.1%	26,164	27,289	27,474	25,902	27,627	27,084	27,157	25,522	27,008	27,072	26,660	26,622	28,020	28,208	28,442	28,395	29,640	29,375	27,977	26,488	24,566
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	200	199	-	-	-	-	-	289	298	-	-
Long Term Debt	-4.8%	4,977	5,228	5,516	5,214	5,514	5,235	5,522	5,219	5,552	5,931	5,220	4,989	4,919	5,189	4,948	4,450	4,708	4,354	4,602	4,863	4,476
Shareholder's Equity	12.4%	2,114	1,881	1,799	1,806	1,827	1,727	1,982	1,977	2,044	2,150	2,131	2,303	2,608	2,563	2,200	2,017	2,121	3,312	3,183	3,097	3,048
Retained Earnings	7.2%	3,885	3,625	3,486	3,486	3,250	3,164	3,271	3,226	2,914	2,817	2,543	2,481	2,351	1,722	1,303	1,133	1,244	953	1,726	1,601	1,481
Additional Paid-In Capital	1.3%	1,164	1,149	1,141	1,130	1,121	1,109	1,102	1,095	1,087	1,074	1,068	1,059	1,053	1,331	1,243	1,234	1,227	1,308	1,302	1,296	1,291
Shares Outstanding	-4.8%	220	231	234	235	241	258	263	261	277	315	300	336	361	384	387	375	410	427	429	-	-
Float	-	-	-	-	3,700	-	-	-	4,000	-	-	-	6,400	-	-	-	2,600	-	-	-	4,100	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-182.6%	-76,711	-27,141	-59,350	-67,034	8,888	-875	3,368	-60,289	62,788	45,602	84,809	-225,685	45,752	26,482	-147,006	-206,559	144,414	61,760	-14,357	-79,759	16,715
Share Based Compensation	79.1%	13,790	7,700	8,472	8,292	11,536	6,848	6,856	8,375	11,921	6,395	6,686	6,444	11,124	6,211	9,244	7,399	13,610	6,159	5,368	5,582	13,891
Cashflow From Investing	-38.0%	572,330	922,779	-1,695,271	2,231,084	-1,471,052	63,191	-343,795	2,346,863	-988,867	1,422,781	-1,605,298	396,828	2,390,362	334,436	-464,127	-1,041,201	2,118,222	278,544	-1,541,809	150,228	-1,193,677
Cashflow From Financing	-232.9%	-1,063,304	-319,417	1,451,564	-2,035,850	587,471	-314,151	1,568,343	-1,940,374	-168,710	183,736	-247,551	-1,881,587	-674,114	-264,702	20,473	-1,130,455	-501,028	1,386,002	1,410,665	1,759,677	804,876
Dividend Payments	-0.6%	24,278	24,416	24,879	25,303	26,635	26,742	27,643	28,083	30,493	31,358	8,934	9,264	10,906	11,254	11,253	11,249	12,595	12,629	12,661	12,804	13,020
Buy Backs	-72.0%	25,457	90,933	-	255,326	4,005	157,590	10,109	376,176	169,322	616,612	94.00	578	550,790	-	-	-	558,167	9,604	37,477	60,120	60,000

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SLM Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Interest income:
Loans	$ 596,607	$ 582,784
Investments	14,507	11,331
Cash and cash equivalents	52,444	43,483
Total interest income	663,558	637,598
Interest expense:
Deposits	220,445	183,531
Interest expense on short-term borrowings	3,562	3,018
Interest expense on long-term borrowings	52,535	45,981
Total interest expense	276,542	232,530
Net interest income	387,016	405,068
Less: provisions for credit losses	12,041	114,112
Net interest income after provisions for credit losses	374,975	290,956
Non-interest income:
Gains (losses) on sales of loans, net	143,039	(9)
Gains on securities, net	2,118	1,711
Other income	29,001	20,009
Total non-interest income	174,158	21,711
Operating expenses:
Compensation and benefits	96,476	87,649
FDIC assessment fees	13,312	11,529
Other operating expenses	50,645	55,361
Total operating expenses	160,433	154,539
Acquired intangible assets amortization expense	1,215	2,272
Total non-interest expenses	161,648	156,811
Income before income tax expense	387,485	155,856
Income tax expense	97,554	37,338
Net income	289,931	118,518
Preferred stock dividends	4,653	4,063
Net income attributable to SLM Corporation common stock	$ 285,278	$ 114,455
Basic earnings per common share (in dollars per share)	$ 1.29	$ 0.47
Average common shares outstanding (in shares)	220,416	241,497
Diluted earnings per common share (in dollars per share)	$ 1.27	$ 0.47
Average common and common equivalent shares outstanding (in shares)	223,845	243,549
Declared dividends per common share (in dollars per share)	$ 0.11	$ 0.11

SLM Balance Sheet

2024-03-31

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 3,584,013	$ 4,149,838
Investments:
Trading investments at fair value (cost of $44,978 and $43,412, respectively)	58,166	54,481
Available-for-sale investments at fair value (cost of $2,423,183 and $2,563,984, respectively)	2,271,108	2,411,622
Other investments	89,765	91,567
Total investments	2,419,039	2,557,670
Loans held for investment (net of allowance for losses of $1,350,058 and $1,339,772, respectively)	20,200,789	20,306,357
Restricted cash	147,809	149,669
Other interest-earning assets	7,572	9,229
Accrued interest receivable	1,386,487	1,379,904
Premises and equipment, net	127,414	129,501
Goodwill and acquired intangible assets, net	67,496	68,711
Income taxes receivable, net	277,733	366,247
Other assets	58,930	52,342
Total assets	28,277,282	29,169,468
Liabilities
Deposits	20,903,456	21,653,188
Long-term borrowings	4,976,882	5,227,512
Other liabilities	283,205	407,971
Total liabilities	26,163,543	27,288,671
Commitments and contingencies
Equity
Preferred stock, par value $0.20 per share, 20 million shares authorized: Series B: 2.5 million and 2.5 million shares issued, respectively, at stated value of $100 per share	251,070	251,070
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 440.2 million and 438.2 million shares issued, respectively	88,032	87,647
Additional paid-in capital	1,163,838	1,148,689
Accumulated other comprehensive loss (net of tax benefit of ($24,752) and ($24,176), respectively)	(77,291)	(75,104)
Retained earnings	3,884,694	3,624,859
Total SLM Corporation stockholders’ equity before treasury stock	5,310,343	5,037,161
Less: Common stock held in treasury at cost: 219.9 million and 217.9 million shares, respectively	(3,196,604)	(3,156,364)
Total equity	2,113,739	1,880,797
Total liabilities and equity	$ 28,277,282	$ 29,169,468

About SLM Corp

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 interest-bearing omnibus accounts. 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.

CEO	Mr. Jonathan W. Witter
WEBSITE	salliemae.com
INDUSTRY	Credit Services
EMPLOYEES	1700

SLM Corp Frequently Asked Questions

What is the ticker symbol for SLM Corp? What does SLM stand for in stocks?

SLM is the stock ticker symbol of SLM Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SLM Corp (SLM)?

As of Tue May 07 2024, market cap of SLM Corp is 4.77 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SLM stock?

You can check SLM's fair value in chart for subscribers.

What is the fair value of SLM stock?

You can check SLM's fair value in chart for subscribers. The fair value of SLM Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SLM Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SLM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SLM Corp a good stock to buy?

The fair value guage provides a quick view whether SLM is over valued or under valued. Whether SLM Corp is cheap or expensive depends on the assumptions which impact SLM Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SLM.

What is SLM Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, SLM's PE ratio (Price to Earnings) is 6.45 and Price to Sales (PS) ratio is 1.82. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SLM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SLM Corp's stock?

In the past 10 years, SLM Corp has provided 0.099 (multiply by 100 for percentage) rate of return.