SLM (NASDAQ:SLM) Releases FY 2025 Earnings Guidance

SLM (NASDAQ:SLM) updated its FY 2025 earnings guidance on Thursday. 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 -.

SLM Stock Up 0.8 %

Shares of SLM stock traded up $0.22 during trading on Thursday, hitting $29.30. 3,646,084 shares of the stock traded hands, compared to its average volume of 2,691,981. The company has a debt-to-equity ratio of 3.21, a quick ratio of 1.27 and a current ratio of 1.29. The stock has a market cap of $6.22 billion, a P/E ratio of 10.21, a PEG ratio of 0.78 and a beta of 1.21. SLM has a twelve month low of $18.84 and a twelve month high of $29.75. The company has a fifty day moving average price of $27.07 and a two-hundred day moving average price of $23.79.

SLM (NASDAQ:SLM) last posted its quarterly earnings data on Thursday, January 23rd. The credit services provider reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.06). SLM had a return on equity of 35.92% and a net margin of 22.18%. Equities research analysts predict that SLM will post 2.72 EPS for the current fiscal year.

SLM Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.77%. SLM’s dividend payout ratio (DPR) is presently 18.12%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SLM. JPMorgan Chase & Co. lifted their price target on shares of SLM from $27.00 to $29.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 14th. Royal Bank of Canada restated an “outperform” rating and set a $26.00 target price on shares of SLM in a report on Thursday, October 24th. Barclays reduced their price objective on SLM from $27.00 to $26.00 and set an “overweight” rating for the company in a research report on Thursday, October 24th. Bank of America started coverage on shares of SLM in a research report on Wednesday, September 25th. They set a “buy” rating and a $27.00 price target on the stock. Finally, Morgan Stanley boosted their price target on SLM from $26.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, December 19th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, SLM presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.90.

Insiders Place Their Bets

In other news, Director Robert S. Strong sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $27.25, for a total value of $122,625.00. Following the completion of the transaction, the director now owns 83,130 shares of the company’s stock, valued at $2,265,292.50. This represents a 5.14 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 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.