SLM - SLM Corp Stock Price, Fair Value and News

22.09USD+0.16 (+0.73%)Market Closed

Market Summary

USD22.09+0.16

Market Closed

0.73%

SLM Stock Price

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SLM RSI Chart

SLM Valuation

Market Cap

4.9B

Price/Earnings (Trailing)

6.58

Price/Sales (Trailing)

1.86

EV/EBITDA

2.38

Price/Free Cashflow

-21.13

SLM Price/Sales (Trailing)

SLM Profitability

EBT Margin

38.57%

Return on Equity

34.97%

Return on Assets

2.61%

Free Cashflow Yield

-4.73%

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)

153.31%

Earnings Growth (Qtr)

77.09%

Breaking Down SLM Revenue

Last 7 days

7.3%

Last 30 days

3.5%

Last 90 days

11.2%

Trailing 12 Months

53.3%

How does SLM drawdown profile look like?

SLM Financial Health

Debt/Equity

2.35

Debt/Cashflow

-0.05

SLM Investor Care

Dividend Yield

1.99%

Dividend/Share (TTM)

0.44

Buy Backs (1Y)

8.79%

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

Try For Just $1.99

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
Apr 23, 2024	Summit Trail Advisors, LLC	unchanged	-	50,476	411,940	0.01%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	reduced	-41.52	-875,174	1,748,930	0.03%
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	147	1,199	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-0.31	165,454	1,381,490	0.03%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	45.00	370	-%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	added	138	4,335	7,335	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-7.75	151,000	3,095,000	0.03%
Apr 23, 2024	FIFTH THIRD BANCORP	reduced	-7.87	1,457	30,615	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	131,000	1,072,000	0.04%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	61.34	1,764,360	3,867,890	-%

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

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 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
Mar 22, 2024	4	Insider Trading
Mar 14, 2024	8-K	Current Report
Mar 04, 2024	4	Insider Trading
Feb 29, 2024	144	Notice of Insider Sale Intent

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	436.4B	25.1B	-2.88%	25.45%	38.98	17.39	12.87%	12.74%
AXP	166.1B	62.0B	5.79%	53.16%	18.47	2.68	11.96%	24.39%
PYPL	69.5B	29.8B	-1.76%	-9.67%	16.37	2.33	8.19%	75.53%
COF	56.6B	41.9B	5.91%	56.77%	11.47	1.35	34.26%	32.87%
DFS	32.3B	17.8B	3.03%	26.80%	10.94	1.81	38.72%	-32.51%
ALLY	12.1B	14.0B	0.84%	55.43%	11.85	0.87	31.42%	-40.49%
MID-CAP
CACC	6.4B	1.9B	-4.80%	9.92%	22.5	3.38	3.79%	-46.60%
FCFS	6.0B	3.2B	7.51%	37.67%	27.16	1.89	15.50%	-13.49%
WU	4.4B	4.4B	-0.66%	26.77%	7.17	1.01	0.29%	-19.79%
NNI	3.6B	1.1B	2.92%	1.17%	38.81	3.2	8.54%	-77.53%
SMALL-CAP
ENVA	1.7B	2.2B	4.80%	33.33%	9.62	0.74	22.40%	-16.16%
ATLC	359.1M	1.2B	-16.29%	-10.91%	3.49	0.31	10.41%	-24.15%
CPSS	186.8M	352.0M	17.24%	-6.46%	4.12	0.53	6.77%	-47.27%
AIHS	7.8M	7.3M	-18.81%	-5.75%	-2.03	1.07	-51.06%	-195.09%
CURO	3.7M	853.2M	-40.00%	-95.05%	-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	114	-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	-10.1%	3,732	4,150	3,548	3,876	3,716	4,616	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	238	241	258	251	269	277	315	300	312	361	384	387	375	410	427	424	-	-
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	70.7%	13,790	8,080	8,472	8,292	11,536	7,309	6,856	8,375	11,921	6,746	6,686	6,444	11,124	5,747	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

SLM Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Interest income:
Loans	$ 2,327,743	$ 1,914,554	$ 1,756,945
Investments	50,810	35,304	13,859
Cash and cash equivalents	213,750	81,722	6,040
Total interest income	2,592,303	2,031,580	1,776,844
Interest expense:
Deposits	808,065	368,914	225,370
Interest expense on short-term borrowings	13,501	11,956	18,945
Interest expense on long-term borrowings	208,524	161,929	137,763
Total interest expense	1,030,090	542,799	382,078
Net interest income	1,562,213	1,488,781	1,394,766
Less: provisions for credit losses	345,463	633,453	(32,957)
Net interest income after provisions for credit losses	1,216,750	855,328	1,427,723
Non-interest income:
Gains on sales of loans, net	160,290	327,750	548,315
Gains (losses) on securities, net	2,678	(60,267)	39,096
Gains (losses) on derivatives and hedging activities, net	0	(5)	144
Other income	84,148	67,160	44,894
Total non-interest income	247,116	334,638	632,449
Operating expenses:
Compensation and benefits	326,554	270,354	258,321
FDIC assessment fees	45,766	20,939	23,368
Other operating expenses	246,886	260,169	236,964
Total operating expenses	619,206	551,462	518,653
Amortized intangible assets	66,364	7,779	0
Restructuring expenses	0	0	1,255
Total non-interest expenses	685,570	559,241	519,908
Income before income tax expense	778,296	630,725	1,540,264
Income tax expense	196,905	161,711	379,751
Net income	581,391	469,014	1,160,513
Preferred stock dividends	17,705	9,029	4,736
Net income attributable to SLM Corporation common stock	$ 563,686	$ 459,985	$ 1,155,777
Basic earnings per common share (in usd per share)	$ 2.44	$ 1.78	$ 3.67
Average common shares outstanding (in shares)	231,411	258,439	314,993
Diluted earnings per common share (in usd per share)	$ 2.41	$ 1.76	$ 3.61
Average common and common equivalent shares outstanding (in shares)	234,063	261,503	319,912
Declared dividends per common share (in usd per share)	$ 0.44	$ 0.44	$ 0.20

SLM Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Assets
Cash and cash equivalents	$ 4,149,838	$ 4,616,117
Investments:
Trading investments at fair value (cost of $43,412 and $47,554, respectively )	54,481	55,903
Available-for-sale investments	2,411,622	2,342,089
Other investments	91,567	94,716
Total investments	2,557,670	2,492,708
Loans held for investment (net of allowance for losses of $1,339,772 and $1,357,075, respectively)	20,306,357	19,626,868
Loans held for sale	0	29,448
Restricted cash	149,669	156,719
Other interest-earning assets	9,229	11,162
Accrued interest receivable	1,379,904	1,202,059
Premises and equipment, net	129,501	140,728
Goodwill and acquired intangible assets, net	68,711	118,273
Income taxes receivable, net	366,247	380,058
Tax indemnification receivable	0	2,816
Other assets	52,342	34,073
Total assets	29,169,468	28,811,029
Liabilities
Deposits	21,653,188	21,448,071
Long-term borrowings	5,227,512	5,235,114
Other liabilities	407,971	400,874
Total liabilities	27,288,671	27,084,059
Commitments and contingencies
Equity
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: 438.2 million and 435.1 million shares issued, respectively	87,647	87,025
Additional paid-in capital	1,148,689	1,109,072
Accumulated other comprehensive loss (net of tax benefit of $(24,176) and $(30,160), respectively)	(75,104)	(93,870)
Retained earnings	3,624,859	3,163,640
Total SLM Corporation stockholders’ equity before treasury stock	5,037,161	4,516,937
Less: Common stock held in treasury at cost: 217.9 million and 194.4 million shares, respectively	(3,156,364)	(2,789,967)
Total equity	1,880,797	1,726,970
Total liabilities and equity	$ 29,169,468	$ 28,811,029

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 Wed Apr 24 2024, market cap of SLM Corp is 4.87 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 Wed Apr 24 2024, SLM's PE ratio (Price to Earnings) is 8.64 and Price to Sales (PS) ratio is 1.88. 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 0.091 (multiply by 100 for percentage) rate of return.