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SLM

SLM Corp

SLM

16.86USD+0.60 (+3.69%)Market Closed
Watchlist

Market Summary

USD16.86+0.60
Market Closed
3.69%

SLM Alerts

  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

SLM Stock Price

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SLM RSI Chart

SLM Valuation

Market Cap

3.8B

Price/Earnings (Trailing)

11.47

Price/Sales (Trailing)

1.52

EV/EBITDA

2.84

Price/Free Cashflow

-32.21

SLM Price/Sales (Trailing)

SLM Profitability

EBT Margin

18.21%

Return on Equity

18.48%

Return on Assets

1.14%

Free Cashflow Yield

-3.1%

SLM Fundamentals

SLM Revenue

Revenue (TTM)

2.5B

Revenue Y/Y

25.45%

Revenue Q/Q

2.89%

SLM Earnings

Earnings (TTM)

332.4M

Earnings Y/Y

-60.94%

Earnings Q/Q

-88.92%

Price Action

Last 7 days

7.2%

Last 30 days

14.5%

Last 90 days

18.5%

Trailing 12 Months

1.3%

How does SLM drawdown profile look like?

SLM Financial Health

Debt/Equity

3.07

Debt/Cashflow

-0.02

SLM Investor Care

Dividend Yield

2.61%

Dividend/Share (TTM)

0.44

Buy Backs (1Y)

10.01%

Diluted EPS (TTM)

1.35

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.2B2.4B2.5B0
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
20114.4B3.1B1.8B472.3M
20100005.8B

Latest Insider Trading transactions for SLM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 30, 2023
graham peter m
acquired
-
-
64,589
evp & chief financial officer
Sep 20, 2023
lavelle mark l
acquired
-
-
1,857
-
Sep 20, 2023
manvitz ted
acquired
-
-
1,725
-
Sep 20, 2023
blackley richard scott
acquired
-
-
1,680
-
Jul 31, 2023
jafarieh nicolas
sold
-120,864
16.1152
-7,500
evp -legal, govt, comm officer
Jun 21, 2023
manvitz ted
acquired
-
-
9,081
-
Jun 21, 2023
ramsey samuel theron
acquired
-
-
7,589
-
Jun 21, 2023
wolberg kirsten o.
acquired
-
-
7,589
-
Jun 21, 2023
schneck-last vivian c.
acquired
-
-
7,589
-
Jun 21, 2023
matheson james d.
acquired
-
-
7,589
-

1–10 of 50

Which funds bought or sold SLM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-35.6
-663,491
770,826
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-85.93
-2,258,300
300,348
-%
Nov 22, 2023
Graham Capital Management, L.P.
sold off
-100
-313,229
-
-%
Nov 21, 2023
Walleye Capital LLC
reduced
-15.99
-4,399,630
10,321,800
0.03%
Nov 21, 2023
COMERICA BANK
reduced
-65.42
2,592,740
2,605,740
0.01%
Nov 21, 2023
Walleye Trading LLC
reduced
-66.25
-511,191
200,459
-%
Nov 17, 2023
OLD NATIONAL BANCORP /IN/
reduced
-4.41
-113,247
446,789
0.01%
Nov 17, 2023
JACOBS LEVY EQUITY MANAGEMENT, INC
reduced
-9.01
-14,683,800
46,332,000
0.27%
Nov 16, 2023
Creative Planning
reduced
-38.1
-208,845
223,177
-%
Nov 15, 2023
Edgestream Partners, L.P.
added
116
138,041
308,357
0.03%

1–10 of 43

Latest Funds Activity

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

Schedule 13G FIlings of SLM Corp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
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

Recent SEC filings of SLM Corp

View All Filings
Date Filed Form Type Document
Nov 28, 2023
8-K
Current Report
Nov 16, 2023
8-K
Current Report
Nov 08, 2023
8-K
Current Report
Nov 08, 2023
8-K
Current Report
Nov 03, 2023
144
Notice of Insider Sale Intent
Nov 02, 2023
144
Notice of Insider Sale Intent
Nov 01, 2023
4
Insider Trading
Oct 25, 2023
8-K
Current Report
Oct 25, 2023
10-Q
Quarterly Report
Sep 22, 2023
4
Insider Trading

Peers (Alternatives to SLM Corp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
387.7B
24.4B
5.72% 17.32%
35.47
15.91
12.62% 11.70%
122.8B
58.9B
10.08% 9.28%
15.32
2.08
15.86% 4.59%
63.7B
29.1B
7.01% -20.59%
16.91
2.19
7.67% 63.77%
45.0B
40.0B
12.37% 26.18%
4.99
1.13
38.19% 82.75%
27.5B
16.8B
22.47% 0.90%
6.66
1.94
43.26% -18.18%
MID-CAP
9.1B
13.4B
14.98% 21.14%
7.42
0.68
37.40% -41.48%
5.8B
1.9B
9.73% 1.33%
18.12
3.1
1.78% -48.92%
4.5B
3.0B
4.48% 25.64%
16.54
1.59
22.88% 13.30%
4.4B
4.4B
1.79% -14.09%
5.86
1
-5.82% -9.83%
3.2B
1.1B
-2.57% -8.64%
24.5
2.8
-3.84% -74.30%
SMALL-CAP
1.4B
2.0B
14.91% 18.78%
7.47
0.71
25.20% -6.81%
469.3M
1.1B
0.72% 17.24%
4.67
0.42
12.14% -37.78%
202.5M
343.1M
-0.21% 18.10%
3.87
0.59
8.54% -42.42%
30.6M
803.8M
-5.13% -78.24%
-0.07
0.04
-22.19% -1364.54%
3.1M
7.4M
56.00% -58.51%
-0.86
0.42
-49.97% -169.52%

SLM Corp News

Latest updates
StreetInsider.com08 Dec 202307:14 pm32 hours ago
InvestorsObserver08 Dec 202311:55 am39 hours ago
Stocks Register06 Dec 202312:35 pm3 days ago
Investor's Business Daily06 Dec 202308:00 am3 days ago
GuruFocus.com01 Dec 202310:24 am8 days ago
Nasdaq29 Nov 202306:54 pm10 days ago
Nasdaq29 Nov 202303:05 pm10 days ago
Yahoo Finance08 Nov 202308:00 am31 days ago
StreetInsider.com08 Nov 202308:00 am31 days ago
U.S News & World Report Money16 Oct 202307:00 am54 days ago
Nasdaq12 Oct 202307:00 am58 days ago
PYMNTS.com05 Oct 202307:00 am2 months ago
Seeking Alpha04 Oct 202307:00 am2 months ago
Seeking Alpha13 Aug 202307:00 am3 months ago
Forbes09 Aug 202307:00 am4 months ago

Financials for SLM Corp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.9%652634638584520463465458448435436480482485575600590574566538498
Operating Expenses--------125141128124122127142147142154139140146151
EBITDA Margin-7.5%0.81*0.88*0.98*1.05*1.38*1.44*1.28*1.66*1.72*1.77*1.55*1.30*1.07*1.02*1.13*1.02*1.03*1.00*1.01*1.02*-
Interest Expenses-0.5%385387405381370363375367358339331367365349400419405397402383357
Income Taxes-87.7%11.0091.0037.00-19.4930.0011437.0010419.0053.0020412755.00-30.6612135.0041.0034.0056.0044.00-53.67
Earnings Before Taxes-88.6%41.00357156-96.5310545616641092.00193845560226-11548417616918421419250.00
EBT Margin-16.9%0.18*0.22*0.28*0.31*0.60*0.62*0.48*0.87*0.94*1.00*0.80*0.57*0.36*0.32*0.43*0.32*0.33*0.29*0.29*0.29*-
Net Income-88.9%29.00265119-80.5175.0034212930572.00139640431169-87.69359137124146154143100
Net Income Margin-16.7%0.13*0.16*0.20*0.23*0.44*0.47*0.36*0.65*0.71*0.75*0.62*0.43*0.27*0.24*0.33*0.25*0.26*0.26*0.25*0.25*-
Free Cashflow11.5%-59.35-67.039.00-0.873.00-60.2963.0046.0085.00-22546.0026.00-147-20614462.00-14.36-79.7617.00-10.34-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets5.6%29,27327,70829,45428,81129,13927,49929,05229,22228,79128,92530,62830,77030,64230,41231,76132,68631,16029,58527,61426,63825,691
    Cash Equivalents-8.5%3,5483,8763,7164,6164,8473,6503,2634,5452,7184,4976,2074,4554,3514,9897,2935,7213,8523,9992,1562,6821,839
  Net PPE-1.7%133135138141144147148151153154155155149148144135135130131106105
Liabilities6.1%27,47425,90227,62727,08427,15725,52227,00827,07226,66026,62228,02028,20828,44228,39529,64029,37527,97726,48824,56623,66622,851
  Short Term Borrowings---------200199-----289298----
  Long Term Debt5.8%5,5165,2145,5145,2355,5225,2195,5525,9315,2204,9894,9195,1894,9484,4504,7084,3544,6024,8634,4764,2844,532
Shareholder's Equity-0.4%1,7991,8061,8271,7271,9821,9772,0442,1502,1312,3032,6082,5632,2002,0172,1213,3123,1833,0973,0482,9732,840
  Retained Earnings0.0%3,4863,4863,2503,1643,2713,2262,9142,8172,5432,4812,3511,7221,3031,1331,2441,8511,7261,6011,4811,3401,197
  Additional Paid-In Capital1.0%1,1411,1301,1211,1091,1021,0951,0871,0741,0681,0591,0531,3311,2431,2341,2271,3081,3021,2961,2911,2751,269
Shares Outstanding-3.8%226235241-251261277-300312361-375375410-424429435-435
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations11.5%-59,350-67,0348,888-8753,368-60,28962,78845,60284,809-225,68545,75226,482-147,006-206,559144,41461,760-14,357-79,75916,715-10,341-12,906
  Share Based Compensation2.2%8,4728,29211,5366,8486,8568,37511,9216,7466,6866,44411,1245,7479,2447,39913,6105,7595,3685,58213,8916,1725,567
Cashflow From Investing-176.0%-1,695,2712,231,084-1,471,05263,191-343,7952,346,863-988,8671,422,781-1,605,298396,8282,390,362334,436-464,127-1,041,2012,118,222278,544-1,541,809150,228-1,193,677-39,602-1,626,279
Cashflow From Financing171.3%1,451,564-2,035,850587,471-314,1511,568,343-1,940,374-168,710183,736-247,551-1,881,587-674,114-264,70220,473-1,130,455-501,0281,386,0021,410,6651,759,677804,876777,1261,435,449
  Dividend Payments-1.7%24,87925,30326,63526,74227,64328,08330,49331,3588,9349,26410,90611,25411,25311,24912,59512,62912,66112,80413,020--
  Buy Backs-100.0%-255,3264,005157,59010,109376,176169,322616,61294.00578550,790---558,1679,60437,47760,12060,000--

SLM Income Statement

2023-09-30
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income:    
Loans$ 581,080$ 483,327$ 1,732,206$ 1,387,411
Investments13,26810,26036,63624,252
Cash and cash equivalents57,90226,324154,91136,317
Total interest income652,250519,9111,923,7531,447,980
Interest expense:    
Deposits209,921105,468584,859215,473
Interest expense on short-term borrowings3,5763,0549,8938,902
Interest expense on long-term borrowings54,12541,879152,674116,255
Total interest expense267,622150,401747,426340,630
Net interest income384,628369,5101,176,3271,107,350
Less: provisions for credit losses198,023207,598329,864336,193
Net interest income after provisions for credit losses186,605161,912846,463771,157
Non-interest income:    
Gains (losses) on sales of loans, net(5)74,978124,740324,856
Gains (losses) on securities, net1,4908911,988(2,021)
Gains (losses) on derivatives and hedging activities, net000(5)
Other income22,75319,23463,27552,451
Total non-interest income24,23895,103190,003375,281
Operating expenses:    
Compensation and benefits83,57765,003249,459202,995
FDIC assessment fees12,2834,59233,66311,501
Other operating expenses71,54280,369192,983199,204
Total operating expenses167,402149,964476,105413,700
Acquired intangible assets amortization expense2,8342,3287,3515,478
Total non-interest expenses170,236152,292483,456419,178
Income before income tax expense40,607104,723553,010727,260
Income tax expense11,24229,551140,062181,203
Net income29,36575,172412,948546,057
Preferred stock dividends4,6422,53112,9795,563
Net income attributable to SLM Corporation common stock$ 24,723$ 72,641$ 399,969$ 540,494
Basic earnings per common share (in dollars per share)$ 0.11$ 0.29$ 1.71$ 2.05
Average common shares outstanding (in shares)226,120251,266234,170263,098
Diluted earnings per common share (in dollars per share)$ 0.11$ 0.29$ 1.69$ 2.03
Average common and common equivalent shares outstanding (in shares)228,800253,716236,593266,065
Declared dividends per common share (in dollars per share)$ 0.11$ 0.11$ 0.33$ 0.33

SLM Balance Sheet

2023-09-30
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets  
Cash and cash equivalents$ 3,548,225$ 4,616,117
Investments:  
Trading investments at fair value (cost of $42,196 and $47,554, respectively)52,56155,903
Available-for-sale investments at fair value (cost of $2,524,634 and $2,554,332, respectively)2,315,9782,342,089
Other investments94,06894,716
Total investments2,462,6072,492,708
Loans held for investment (net of allowance for losses of $1,416,048 and $1,357,075, respectively)20,899,18119,626,868
Loans held for sale029,448
Restricted cash175,061156,719
Other interest-earning assets11,08711,162
Accrued interest receivable1,457,3231,202,059
Premises and equipment, net132,622140,728
Goodwill and acquired intangible assets, net127,723118,273
Income taxes receivable, net409,658380,058
Tax indemnification receivable2,9452,816
Other assets46,78734,073
Total assets29,273,21928,811,029
Liabilities  
Deposits21,550,74521,448,071
Long-term borrowings5,515,5325,235,114
Other liabilities407,718400,874
Total liabilities27,473,99527,084,059
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: 438.2 million and 435.1 million shares issued, respectively87,63987,025
Additional paid-in capital1,140,5991,109,072
Accumulated other comprehensive loss (net of tax benefit of ($32,548) and ($30,160), respectively)(101,315)(93,870)
Retained earnings3,485,5753,163,640
Total SLM Corporation stockholders’ equity before treasury stock4,863,5684,516,937
Less: Common stock held in treasury at cost: 211.9 million and 194.4 million shares, respectively(3,064,344)(2,789,967)
Total equity1,799,2241,726,970
Total liabilities and equity$ 29,273,219$ 28,811,029
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
 WEBSITEwww.salliemae.com
 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 Fri Dec 08 2023, market cap of SLM Corp is 3.81 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. 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 Fri Dec 08 2023, SLM's PE ratio (Price to Earnings) is 11.47 and Price to Sales (PS) ratio is 1.52. 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 0.06 (multiply by 100 for percentage) rate of return.