SLM (NASDAQ:SLM – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.000-3.100 for the period, compared to the consensus estimate of 3.050. The company issued revenue guidance of -.
Analyst Ratings Changes
Several analysts recently weighed in on SLM shares. Keefe, Bruyette & Woods upped their price target on SLM from $30.00 to $32.00 and gave the stock a “market perform” rating in a research note on Friday. Morgan Stanley increased their target price on SLM from $26.00 to $32.00 and gave the stock an “overweight” rating in a research note on Thursday, December 19th. Wells Fargo & Company raised their price target on SLM from $32.00 to $33.00 and gave the company an “overweight” rating in a report on Friday. Royal Bank of Canada upped their price target on shares of SLM from $30.00 to $32.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Wedbush reissued an “outperform” rating and set a $26.00 price objective on shares of SLM in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.82.
View Our Latest Analysis on SLM
SLM Price Performance
SLM (NASDAQ:SLM – Get Free Report) last announced its quarterly earnings results on Thursday, January 23rd. The credit services provider reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.06). SLM had a return on equity of 35.92% and a net margin of 22.18%. On average, sell-side analysts forecast that SLM will post 2.72 EPS for the current year.
SLM Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Wednesday, March 5th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Wednesday, March 5th. SLM’s dividend payout ratio is 18.12%.
Insider Transactions at SLM
In other news, Director Robert S. Strong sold 4,500 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $27.25, for a total transaction of $122,625.00. Following the completion of the sale, the director now owns 83,130 shares of the company’s stock, valued at $2,265,292.50. The trade was a 5.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 1.20% of the company’s stock.
About 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 is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts.
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