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SLM Corp Stock Research

SLM

12.44USD+0.08(+0.65%)Delayedas of 16 Mar 2023, 12:36 pm

Market Summary

USD12.44+0.08
Delayedas of 16 Mar 2023, 12:36 pm
0.65%

SLM Alerts

SLM Stock Price

SLM RSI Chart

SLM Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

6.75

Price/Sales (Trailing)

1.53

EV/EBITDA

1.74

Price/Free Cashflow

622.12

SLM Price/Sales (Trailing)

SLM Profitability

EBT Margin

31.05%

Return on Equity

26.64%

Return on Assets

1.6%

Free Cashflow Yield

0.16%

SLM Fundamentals

SLM Revenue

Revenue (TTM)

2.0B

Revenue Y/Y

27.3%

Revenue Q/Q

12.25%

SLM Earnings

Earnings (TTM)

460.0M

Earnings Y/Y

-126.39%

Earnings Q/Q

-210.83%

Price Action

52 Week Range

11.6220.17
(Low)(High)

Last 7 days

-11.1%

Last 30 days

-18.6%

Last 90 days

-24.9%

Trailing 12 Months

-29.5%

SLM Financial Health

Debt/Equity

3.03

Debt/Cashflow

10e-4

SLM Investor Care

Dividend Yield

3.56%

Dividend/Share (TTM)

0.44

Buy Backs (1Y)

16.21%

Diluted EPS (TTM)

1.7

Peers (Alternatives to SLM)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
118.7B
43.0B
-11.87% -8.27%
15.8
2.76
24.07% -6.77%
35.4B
31.2B
-20.82% -29.61%
4.81
1.13
21.22% -40.60%
26.3B
12.9B
-17.13% -11.23%
5.99
2.04
20.78% -19.40%
MID-CAP
7.0B
10.6B
-29.15% -41.66%
4.11
0.66
22.77% -43.99%
5.1B
1.8B
-18.56% -18.44%
9.57
2.8
-1.27% -44.09%
4.3B
2.7B
2.18% 40.15%
16.8
1.56
60.62% 102.94%
4.2B
4.4B
-22.66% -13.76%
4.78
0.95
1.63% -33.18%
3.4B
1.2B
-5.70% 5.93%
8.25
2.7
27.53% 3.58%
3.1B
2.0B
-18.63% -29.53%
6.75
1.53
14.34% -60.20%
SMALL-CAP
1.3B
1.7B
-15.79% 21.97%
6.44
0.77
43.72% -19.07%
515.5M
621.6M
-14.89% -52.98%
36.89
0.83
10.55% -82.63%
354.1M
995.1M
-28.23% -49.25%
2.19
0.36
47.76% 4.52%
340.9M
985.0M
-40.38% -73.81%
-1.81
0.35
-10.33% -371.94%
250.0M
507.2M
-20.84% -40.21%
4.88
0.49
18.40% -42.24%

Financials for SLM

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue6.6%2,0321,9061,8341,8061,777
Operating Expenses-519----
EBITDA-18.7%2,1372,6292,6042,317-
EBITDA Margin-23.7%1.05*1.38*1.44*1.28*-
Earnings Before Taxes-44.5%6311,1371,1258621,540
EBT Margin-48.0%0.31*0.60*0.62*0.48*-
Interest Expenses1.0%1,4891,4751,4631,4391,395
Net Income-45.6%4608468456431,156
Net Income Margin-49.0%0.23*0.44*0.47*0.36*-
Free Cahsflow-90.3%5.0051.00133-32.49-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-1.1%28,81129,13927,49929,05229,222
    Cash Equivalents-4.8%4,6164,8473,6503,2634,335
  Net PPE-2.3%141144147148151
  Goodwill0%51.0051.0051.00--
Liabilities-0.3%27,08427,15725,52227,00827,072
  Long Term Debt-5.2%5,2355,5225,2195,5525,931
Shareholder's Equity-12.9%1,7271,9821,9772,0442,150
  Retained Earnings-3.3%3,1643,2713,2262,9142,817
  Additional Paid-In Capital0.7%1,1091,1021,0951,0871,074
Accumulated Depreciation-103----
Shares Outstanding-3.9%251261277--
Cashflow (Last 12 Months)
(In Thousands)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations-90.3%4,99251,469132,910-32,486-49,522
  Share Based Compensation1.4%34,00033,54733,37731,44630,649
Cashflow From Investing-55.8%1,077,3922,436,9821,175,479-774,5562,604,673
Cashflow From Financing-139.5%-854,892-357,005-2,172,899-2,114,112-2,619,516
  Dividend Payments-3.9%112,961117,57798,86880,04960,462
  Buy Backs-11.9%713,197809,609799,594423,9961,530,683

Risks for SLM

What is the probability of a big loss on SLM?

66.2%


Probability that SLM stock will be more than 20% underwater in next one year

41.5%


Probability that SLM stock will be more than 30% underwater in next one year.

18.9%


Probability that SLM stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SLM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if SLM was unfortunately bought at previous high price.

Drawdowns

Returns for SLM

Cumulative Returns on SLM

5.9%


10-Year Cumulative Returns

11.5%


7-Year Cumulative Returns

2.5%


5-Year Cumulative Returns

15.4%


3-Year Cumulative Returns

What are the long-term rolling returns for SLM?

FIve years rolling returns for SLM.

Annualized Returns

Which funds bought or sold SLM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-1.37
13,131,600
90,249,600
0.10%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-92.28
-20,978,000
2,114,000
0.01%
2023-02-28
Voya Investment Management LLC
added
0.99
93,229
561,229
-%
2023-02-24
SRS Capital Advisors, Inc.
added
0.18
20,934
131,934
0.02%
2023-02-24
NATIXIS
sold off
-100
-832,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-0.45
3,016,000
19,653,000
0.21%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-36.22
-123,627
384,373
0.01%
2023-02-21
MACQUARIE GROUP LTD
sold off
-100
-152,000
-
-%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-7.89
2,082,510
24,486,500
0.04%
2023-02-16
MAVERICK CAPITAL LTD
added
30.9
97,319
273,319
0.01%

1–10 of 49

Latest Funds Activity

Are funds buying SLM calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own SLM
No. of Funds

SLM News

ETHealthWorld

RePharma Summit sees a promising future for Indian Pharma Sector.

ETHealthWorld,
27 minutes ago

Investing News Network

CSE Bulletin: Resumption - Torrent Gold Inc..

Investing News Network,
115 minutes ago

Investing News Network

IIROC Trade Resumption - TGLD.

Investing News Network,
2 hours ago

Digital Journal

Valdosta Daily Times

Bluefield Daily Telegraph

StreetInsider.com

InvestorsObserver

Schedule 13G FIlings of SLM

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Aug 01, 2022
impactive capital lp
9.0%
22,593,389
SC 13D/A
May 03, 2022
impactive capital lp
6.8%
18,430,839
SC 13D/A
Mar 10, 2022
impactive capital lp
5.5%
15,485,159
SC 13D
Feb 14, 2022
va partners i, llc
4.9%
14,501,031
SC 13D/A
Feb 11, 2022
barclays plc
19.41%
487,399
SC 13G

SLM Fair Value

SLM fair value in different scenarios

The table shows the Fair Value estimates for SLM for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

-

-

-

-

-

-

-

-

-

-
Current Inflation

17.19

38.18%

26.83

115.68%

55.90

349.36%

114.71

822.11%

149.72

1103.54%
Very High Inflation

-

-

-

-

-

-

-

-

-

-

Historical SLM Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of SLM

View All Filings
Date Filed Form Type Document
Mar 07, 2023
8-K
Current Report
Mar 03, 2023
8-K
Current Report
Feb 23, 2023
10-K
Annual Report
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading

Latest Insider Trading transactions for SLM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-18
Palmer Kerri A.
sold (taxes)
-27,347
14.57
-1,877
evp, chief operational officer
2023-02-18
McGarry Steven
sold (taxes)
-40,737
14.57
-2,796
evp & chief financial officer
2023-02-18
VIEIRA DONNA F
sold (taxes)
-32,738
14.57
-2,247
evp & chief commercial officer
2023-02-18
Kennedy Daniel P
sold (taxes)
-34,662
14.57
-2,379
evp
2023-02-18
Boyles Jonathan
sold (taxes)
-29,970
14.57
-2,057
svp & controller
2023-02-18
Jafarieh Nicolas
sold (taxes)
-30,465
14.57
-2,091
evp -legal, govt, comm officer
2023-02-18
Witter Jonathan W.
sold (taxes)
-311,667
14.57
-21,391
ceo
2023-02-17
Boyles Jonathan
acquired
-
-
26,767
svp & controller
2023-02-17
Kennedy Daniel P
acquired
-
-
20,324
evp
2023-02-17
Jafarieh Nicolas
acquired
-
-
34,591
evp -legal, govt, comm officer

1–10 of 50

Jonathan W. Witter
1450
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.

SLM Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Interest income:   
Loans$ 1,914,554,000$ 1,756,945,000$ 1,989,004,000
Investments35,304,00013,859,00011,743,000
Cash and cash equivalents81,722,0006,040,00020,913,000
Total interest income2,031,580,0001,776,844,0002,021,660,000
Interest expense:   
Deposits368,914,000225,370,000393,194,000
Interest expense on short-term borrowings11,956,00018,945,00014,459,000
Interest expense on long-term borrowings161,929,000137,763,000134,014,000
Total interest expense542,799,000382,078,000541,667,000
Net interest income1,488,781,0001,394,766,0001,479,993,000
Provisions for credit losses633,453,000(32,957,000)93,133,000
Net interest income (loss) after provisions for credit losses855,328,0001,427,723,0001,386,860,000
Non-interest income:   
Gains on sales of loans, net327,750,000548,315,000238,315,000
Gains (losses) on securities, net(60,267,000)39,096,0004,372,000
Gains (losses) on derivatives and hedging activities, net(5,000)144,00049,544,000
Other income67,160,00044,894,00039,218,000
Total non-interest income334,638,000632,449,000331,449,000
Operating expenses:   
Compensation and benefits270,354,000258,321,000282,497,000
FDIC assessment fees20,939,00023,368,00021,956,000
Other operating expenses260,169,000236,964,000233,635,000
Total operating expenses551,462,000518,653,000538,088,000
Acquired intangible assets amortization expense7,779,00000
Restructuring expenses01,255,00026,215,000
Total non-interest expenses559,241,000519,908,000564,303,000
Income before income tax expense630,725,0001,540,264,0001,154,006,000
Income tax expense161,711,000379,751,000273,316,000
Net income469,014,0001,160,513,000880,690,000
Preferred stock dividends9,029,0004,736,0009,734,000
Net income attributable to SLM Corporation common stock$ 459,985,000$ 1,155,777,000$ 870,956,000
Basic earnings per common share (in usd per share)$ 1.78$ 3.67$ 2.27
Average common shares outstanding (in shares)258,439314,993383,705
Diluted earnings per common share (in usd per share)$ 1.76$ 3.61$ 2.25
Average common and common equivalent shares outstanding (in shares)261,503319,912387,195
Declared dividends per common share (in usd per share)$ 0.44$ 0.20$ 0.12

SLM Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Assets  
Cash and cash equivalents$ 4,616,117,000$ 4,334,603,000
Investments:  
Trading investments at fair value (cost of $47,554 and $29,049, respectively )55,903,00037,465,000
Available-for-sale investments2,342,089,0002,517,956,000
Other investments94,716,000140,037,000
Total investments2,492,708,0002,695,458,000
Loans held for investment (net of allowance for losses of $1,357,075 and $1,165,335, respectively)19,626,868,00020,341,283,000
Loans held for sale29,448,0000
Restricted cash156,719,000210,741,000
Other interest-earning assets11,162,0009,655,000
Accrued interest receivable1,202,059,0001,205,667,000
Premises and equipment, net140,728,000150,516,000
Goodwill and acquired intangible assets, net118,273,0000
Income taxes receivable, net380,058,000239,578,000
Tax indemnification receivable2,816,0008,047,000
Other assets34,073,00026,351,000
Total assets28,811,029,00029,221,899,000
Liabilities  
Deposits21,448,071,00020,828,124,000
Long-term borrowings5,235,114,0005,930,990,000
Other liabilities400,874,000313,074,000
Total liabilities27,084,059,00027,072,188,000
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 share251,070,000251,070,000
Common stock, par value $0.20 per share, 1.125 billion shares authorized: 435.1 million and 432.0 million shares issued, respectively87,025,00086,403,000
Additional paid-in capital1,109,072,0001,074,384,000
Accumulated other comprehensive loss (net of tax benefit of $(30,160) and $(5,707), respectively)(93,870,000)(17,897,000)
Retained earnings3,163,640,0002,817,134,000
Total SLM Corporation stockholders’ equity before treasury stock4,516,937,0004,211,094,000
Less: Common stock held in treasury at cost: 194.4 million and 153.1 million shares, respectively(2,789,967,000)(2,061,383,000)
Total equity1,726,970,0002,149,711,000
Total liabilities and equity$ 28,811,029,000$ 29,221,899,000