Stock Ideas
Stocks
Funds
Screener
Sectors
Watchlists
SLM

SLM - SLM Corp Stock Price, Fair Value and News

20.51USD+0.07 (+0.34%)Market Closed

Market Summary

SLM
USD20.51+0.07
Market Closed
0.34%

SLM Alerts

  • 1 major insider buys and 2 major insider sales recently.
  • Big jump in Earnings (Y/Y)

SLM Stock Price

View Fullscreen

SLM RSI Chart

SLM Valuation

Market Cap

4.5B

Price/Earnings (Trailing)

6.12

Price/Sales (Trailing)

1.73

EV/EBITDA

2.3

Price/Free Cashflow

-19.64

SLM Price/Sales (Trailing)

SLM Profitability

EBT Margin

38.57%

Return on Equity

34.97%

Return on Assets

2.61%

Free Cashflow Yield

-5.09%

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

Last 7 days

2.0%

Last 30 days

-3.1%

Last 90 days

-2.8%

Trailing 12 Months

24.2%

How does SLM drawdown profile look like?

SLM Financial Health

Debt/Equity

2.35

Debt/Cashflow

-0.05

SLM Investor Care

Dividend Yield

2.15%

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
YearQ1Q2Q3Q4
20242.6B000
20232.2B2.4B2.5B2.6B
20221.8B1.8B1.9B2.0B
20211.9B1.8B1.8B1.8B
20202.3B2.3B2.1B2.0B
20192.1B2.2B2.3B2.3B
20181.5B1.7B1.8B1.9B
20171.2B1.2B1.3B1.4B
2016879.2M936.0M999.6M1.1B
2015713.8M746.7M787.4M831.1M
2014574.8M611.5M642.0M674.3M
2013813.2M1.1B1.5B1.8B
2012477.0M481.8M486.5M491.3M
2011000472.3M
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>

PurpleZone


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 ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 03, 2024
strong robert s.
sold
-96,480
21.44
-4,500
-
May 31, 2024
blackley richard scott
bought
249,378
21.3107
11,702
-
May 17, 2024
jafarieh nicolas
sold
-51,258
21.19
-2,419
evp -legal, govt, comm officer
May 15, 2024
jafarieh nicolas
sold
-321,996
21.3752
-15,064
evp -legal, govt, comm officer
May 10, 2024
pahwa munish
sold
-219,452
21.9452
-10,000
chief risk officer
Mar 20, 2024
manvitz ted
acquired
-
-
1,154
-
Mar 20, 2024
lavelle mark l
acquired
-
-
1,243
-
Mar 20, 2024
blackley richard scott
acquired
-
-
1,125
-

1–10 of 50

Which funds bought or sold SLM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
0.54
3,671
35,811
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
6.00
406,000
2,595,000
-%
May 28, 2024
Boston Partners
added
5.72
46,052,700
271,626,000
0.32%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-36.32
-3,933,000
10,408,000
0.09%
May 28, 2024
GOLDENTREE ASSET MANAGEMENT LP
reduced
-48.52
-18,929,800
26,868,400
2.14%
May 24, 2024
Cetera Investment Advisers
new
-
290,025
290,025
-%
May 24, 2024
Invst, LLC
new
-
806,786
806,786
0.10%
May 16, 2024
Tidal Investments LLC
sold off
-100
-1,474,440
-
-%
May 16, 2024
JANE STREET GROUP, LLC
added
332
8,196,460
10,281,300
-%
May 16, 2024
EJF Capital LLC
reduced
-27.33
-444,704
2,144,200
1.49%

1–10 of 44

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
Jun 05, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 03, 2024
144
Notice of Insider Sale Intent
May 21, 2024
4
Insider Trading
May 17, 2024
4
Insider Trading
May 15, 2024
144
Notice of Insider Sale Intent
May 14, 2024
4
Insider Trading
May 14, 2024
8-K
Current Report
May 10, 2024
144
Notice of Insider Sale Intent
Apr 30, 2024
8-K
Current Report

Peers (Alternatives to SLM Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
420.0B
25.7B
-2.21% 19.53%
35.45
16.34
12.62% 22.62%
164.9B
62.0B
-5.58% 33.13%
18.34
2.66
11.96% 24.39%
61.8B
30.4B
-8.31% -11.00%
14.25
2.03
8.39% 60.41%
52.5B
43.4B
-3.10% 24.84%
11.48
1.21
26.76% -32.22%
31.8B
18.7B
1.18% 10.04%
13.86
1.7
31.76% -44.09%
12.2B
14.3B
-0.20% 41.14%
14.19
0.85
22.92% -37.74%
MID-CAP
5.8B
2.0B
-2.82% -2.34%
23.29
2.99
6.86% -40.40%
5.0B
3.2B
-7.03% 16.47%
21.3
1.54
13.90% -14.51%
4.2B
4.4B
-5.78% 7.19%
6.78
0.96
0.29% -19.79%
3.8B
1.1B
-8.17% 1.47%
27.21
3.38
25.92% -44.07%
SMALL-CAP
1.6B
2.2B
-3.84% 14.57%
9.39
0.72
22.40% -16.16%
407.4M
1.2B
13.99% -29.02%
3.96
0.34
9.96% -11.98%
178.5M
360.7M
-1.28% -31.14%
4.94
0.49
6.56% -54.11%
8.8M
7.3M
1.11% 37.88%
-2.28
1.21
-51.06% -195.09%
2.5M
853.2M
-44.44% -95.10%
-0.01
0
-15.13% -1364.54%

SLM Corp News

Latest updates
Yahoo Canada Sports16 Jun 202402:16 am
Defense World14 Jun 202406:15 am
Yahoo Finance06 Jun 202407:00 am
CNN06 May 202409:53 am
Seeking Alpha24 Apr 202407:00 am

SLM Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-0.7%664669652634638584520463465458448435436480482485575600590574566
Operating Expenses----------125141128124122127142147142154139140
EBITDA Margin8.0%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 Expenses0.3%387386385387405381370363375367358339331367365349400419405397402
Income Taxes71.6%98.0057.0011.0091.0037.00-19.4930.0011437.0010419.0053.0020412755.00-30.6612135.0041.0034.0056.00
Earnings Before Taxes72.0%38722541.00357156-96.5310545616641092.00193845560226-115484176169184214
EBT Margin28.5%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 Income77.1%29016425.00261119-80.5173.0034012830572.00139640431169-87.69359137124146154
Net Income Margin28.9%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%-76.71-27.14-59.35-67.039.00-0.873.00-60.2963.0046.0085.00-22546.0026.00-147-20614462.00-14.36--
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-3.1%28,27729,16929,27327,70829,45428,81129,13927,49929,05229,22228,79128,92530,62830,77030,64230,41231,76132,68631,16029,58527,614
    Cash Equivalents-13.6%3,5844,1503,5483,8763,7164,7734,8473,6503,2634,3352,7184,4976,2074,6104,3514,9897,2935,7213,8523,9992,156
  Net PPE-1.6%127130133135138141144147148151153154155155149148144135135130131
Liabilities-4.1%26,16427,28927,47425,90227,62727,08427,15725,52227,00827,07226,66026,62228,02028,20828,44228,39529,64029,37527,97726,48824,566
  Short Term Borrowings-----------200199-----289298--
  Long Term Debt-4.8%4,9775,2285,5165,2145,5145,2355,5225,2195,5525,9315,2204,9894,9195,1894,9484,4504,7084,3544,6024,8634,476
Shareholder's Equity12.4%2,1141,8811,7991,8061,8271,7271,9821,9772,0442,1502,1312,3032,6082,5632,2002,0172,1213,3123,1833,0973,048
  Retained Earnings7.2%3,8853,6253,4863,4863,2503,1643,2713,2262,9142,8172,5432,4812,3511,7221,3031,1331,2449531,7261,6011,481
  Additional Paid-In Capital1.3%1,1641,1491,1411,1301,1211,1091,1021,0951,0871,0741,0681,0591,0531,3311,2431,2341,2271,3081,3021,2961,291
Shares Outstanding-4.8%220231234235241258263261277315300336361384387375410427429--
Float----3,700---4,000---6,400---2,600---4,100-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-182.6%-76,711-27,141-59,350-67,0348,888-8753,368-60,28962,78845,60284,809-225,68545,75226,482-147,006-206,559144,41461,760-14,357-79,75916,715
  Share Based Compensation79.1%13,7907,7008,4728,29211,5366,8486,8568,37511,9216,3956,6866,44411,1246,2119,2447,39913,6106,1595,3685,58213,891
Cashflow From Investing-38.0%572,330922,779-1,695,2712,231,084-1,471,05263,191-343,7952,346,863-988,8671,422,781-1,605,298396,8282,390,362334,436-464,127-1,041,2012,118,222278,544-1,541,809150,228-1,193,677
Cashflow From Financing-232.9%-1,063,304-319,4171,451,564-2,035,850587,471-314,1511,568,343-1,940,374-168,710183,736-247,551-1,881,587-674,114-264,70220,473-1,130,455-501,0281,386,0021,410,6651,759,677804,876
  Dividend Payments-0.6%24,27824,41624,87925,30326,63526,74227,64328,08330,49331,3588,9349,26410,90611,25411,25311,24912,59512,62912,66112,80413,020
  Buy Backs-72.0%25,45790,933-255,3264,005157,59010,109376,176169,322616,61294.00578550,790---558,1679,60437,47760,12060,000
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

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
Investments14,50711,331
Cash and cash equivalents52,44443,483
Total interest income663,558637,598
Interest expense:  
Deposits220,445183,531
Interest expense on short-term borrowings3,5623,018
Interest expense on long-term borrowings52,53545,981
Total interest expense276,542232,530
Net interest income387,016405,068
Less: provisions for credit losses12,041114,112
Net interest income after provisions for credit losses374,975290,956
Non-interest income:  
Gains (losses) on sales of loans, net143,039(9)
Gains on securities, net2,1181,711
Other income29,00120,009
Total non-interest income174,15821,711
Operating expenses:  
Compensation and benefits96,47687,649
FDIC assessment fees13,31211,529
Other operating expenses50,64555,361
Total operating expenses160,433154,539
Acquired intangible assets amortization expense1,2152,272
Total non-interest expenses161,648156,811
Income before income tax expense387,485155,856
Income tax expense97,55437,338
Net income289,931118,518
Preferred stock dividends4,6534,063
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)220,416241,497
Diluted earnings per common share (in dollars per share)$ 1.27$ 0.47
Average common and common equivalent shares outstanding (in shares)223,845243,549
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)58,16654,481
Available-for-sale investments at fair value (cost of $2,423,183 and $2,563,984, respectively)2,271,1082,411,622
Other investments89,76591,567
Total investments2,419,0392,557,670
Loans held for investment (net of allowance for losses of $1,350,058 and $1,339,772, respectively)20,200,78920,306,357
Restricted cash147,809149,669
Other interest-earning assets7,5729,229
Accrued interest receivable1,386,4871,379,904
Premises and equipment, net127,414129,501
Goodwill and acquired intangible assets, net67,49668,711
Income taxes receivable, net277,733366,247
Other assets58,93052,342
Total assets28,277,28229,169,468
Liabilities  
Deposits20,903,45621,653,188
Long-term borrowings4,976,8825,227,512
Other liabilities283,205407,971
Total liabilities26,163,54327,288,671
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 share251,070251,070
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 440.2 million and 438.2 million shares issued, respectively88,03287,647
Additional paid-in capital1,163,8381,148,689
Accumulated other comprehensive loss (net of tax benefit of ($24,752) and ($24,176), respectively)(77,291)(75,104)
Retained earnings3,884,6943,624,859
Total SLM Corporation stockholders’ equity before treasury stock5,310,3435,037,161
Less: Common stock held in treasury at cost: 219.9 million and 217.9 million shares, respectively(3,196,604)(3,156,364)
Total equity2,113,7391,880,797
Total liabilities and equity$ 28,277,282$ 29,169,468
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 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
 WEBSITEsalliemae.com
 INDUSTRYCredit Services
 EMPLOYEES1700

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 Jun 18 2024, market cap of SLM Corp is 4.52 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 Jun 18 2024, SLM's PE ratio (Price to Earnings) is 6.12 and Price to Sales (PS) ratio is 1.73. 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 0.098 (multiply by 100 for percentage) rate of return.