SLM Corp
About: SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
Employees: 1,740
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
352% more call options, than puts
Call options by funds: $17.9M | Put options by funds: $3.95M
73% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 30
7% more funds holding
Funds holding: 294 [Q2] → 315 (+21) [Q3]
3% more capital invested
Capital invested by funds: $4.51B [Q2] → $4.64B (+$131M) [Q3]
5.35% less ownership
Funds ownership: 98.67% [Q2] → 93.32% (-5.35%) [Q3]
19% less repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 116
20% less funds holding in top 10
Funds holding in top 10: 5 [Q2] → 4 (-1) [Q3]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$26
9%
downside
Avg. target
$28
1%
downside
High target
$32
12%
upside
6 analyst ratings
4 positive
67%
2 neutral
33%
0 negative
0%
JP Morgan Richard Shane 57% 1-year accuracy 37 / 65 met price target | 2%upside $29 | Neutral Maintained | 14 Jan 2025 |
Morgan Stanley Jeffery Harte 100% 1-year accuracy 1 / 1 met price target | 12%upside $32 | Overweight Maintained | 19 Dec 2024 |
Keefe, Bruyette & Woods Sanjay Sakhrani 80% 1-year accuracy 28 / 35 met price target | 5%upside $30 | Market Perform Downgraded | 9 Dec 2024 |
RBC Capital Jon Arfstrom 92% 1-year accuracy 45 / 49 met price target | 9%downside $26 | Outperform Reiterated | 24 Oct 2024 |
Wedbush David Chiaverini 81% 1-year accuracy 39 / 48 met price target | 9%downside $26 | Outperform Reiterated | 24 Oct 2024 |
Financial journalist opinion
Based on 5 articles about SLM published over the past 30 days
Positive
Zacks Investment Research
4 days ago
Gear Up for Sallie Mae (SLM) Q4 Earnings: Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Sallie Mae (SLM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Negative
Zacks Investment Research
5 days ago
Analysts Estimate Sallie Mae (SLM) to Report a Decline in Earnings: What to Look Out for
Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 week ago
Sallie Mae Appoints Henry Greig to Its Board of Directors
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Henry Greig to its board of directors, effective January 12, 2025. Mr. Greig brings decades of industry experience in financial services, risk management, strategy, and operations to the Board. He held various positions at Synchrony Financial from 2014-2023, including Chief Credit Officer, Chief Risk Officer, and Executive Vice President. Prior to Synchrony Financial, he worked.
Neutral
Business Wire
1 week ago
Sallie Mae to Release Fourth-Quarter and Full-Year 2024 Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release fourth-quarter and full-year 2024 financial results after market close on Thursday, Jan. 23, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sal.
Positive
Zacks Investment Research
2 weeks ago
Sallie Mae Touches All-Time High: Should You Buy SLM Stock Now?
SLM stock reaches record high. Let's explore the factors driving this bullish investor sentiment and assess if the stock is worth considering.
Neutral
Business Wire
2 months ago
Sallie Mae Provides Tips and Tools to Help Students and Families Access Scholarships This National Scholarship Month
NEWARK, Del.--(BUSINESS WIRE)--November is National Scholarship Month, an ideal time for students and families to explore scholarship opportunities. The key is knowing where to find them, and when, and how to apply. While research from Sallie Mae and Ipsos confirms 64% of families used scholarships to pay for higher education, millions of dollars in scholarships go unclaimed every year. In addition, misconceptions about scholarships persist. More than half (52%) of families believe scholarships.
Neutral
Business Wire
2 months ago
Sallie Mae Commemorates Veterans Day With $50,000 Grant to Folds Of Honor
NEWARK, Del.--(BUSINESS WIRE)--In honor of Veterans Day, The Sallie Mae Fund today announced a $50,000 grant to Folds of Honor, reinforcing its commitment to military servicemembers and their families. The grant will specifically support scholarships for the children and families of fallen and disabled military servicemembers. “Sallie Mae's continued support of our scholarship program provides a pathway to higher education for servicemembers' families, helping them build the kind of futures the.
Neutral
Business Wire
2 months ago
Sallie Mae Awards $400,000 in Scholarships to Support Access to Higher Education
NEWARK, Del.--(BUSINESS WIRE)--In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship. This year, 40 outstanding high school students from across the country, who excelled both inside and outside the classroom—and demonstrated financial need—were awarded a $10,000 scholarship from The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund. Thirty of this year's recipients are attending Historically Black.
Negative
Zacks Investment Research
2 months ago
Sallie Mae Q3 Loss Widens on Lower NII & Higher Expenses, Stock Dips
SLM's third-quarter 2024 results reflect a decline in NII and a rise in expenses. Higher loan originations and lower provisions are positives.
Neutral
Seeking Alpha
2 months ago
SLM Corporation (SLM) Q3 2024 Earnings Call Transcript
SLM Corporation (NASDAQ:SLM ) Q3 2024 Earnings Conference Call October 23, 2024 5:30 PM ET Company Participants Melissa Bronaugh - VP & Head, Investor Relations Jon Witter - CEO & Director Pete Graham - EVP & CFO Conference Call Participants Terry Ma - Barclays Sanjay Sakhrani - KBW Mark DeVries - Deutsche Bank Nate Richam - Bank of America Merrill Lynch Rick Shane - JPMorgan Jeff Adelson - Morgan Stanley Jon Arfstrom - RBC Capital Markets John Hecht - Jefferies Operator Welcome to the Sallie Mae Third Quarter 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Melissa Bronaugh, Head of Investor Relations.
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