SLM (NASDAQ:SLM) Releases FY 2025 Earnings Guidance

SLM (NASDAQ:SLM) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 3.000-3.100 for the period, compared to the consensus EPS estimate of 3.050. The company issued revenue guidance of -.

Analysts Set New Price Targets

SLM has been the topic of several research reports. Wedbush reissued an “outperform” rating and set a $26.00 target price on shares of SLM in a research note on Thursday, October 24th. Bank of America started coverage on shares of SLM in a research note on Wednesday, September 25th. They issued a “buy” rating and a $27.00 price objective for the company. Barclays cut their target price on shares of SLM from $27.00 to $26.00 and set an “overweight” rating on the stock in a research note on Thursday, October 24th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $30.00 price objective (up from $27.00) on shares of SLM in a research report on Monday, December 9th. Finally, 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 note on Tuesday, January 14th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.90.

SLM Price Performance

Shares of SLM traded up $0.22 during mid-day trading on Thursday, hitting $29.30. The company’s stock had a trading volume of 3,645,684 shares, compared to its average volume of 2,691,981. The company has a current ratio of 1.29, a quick ratio of 1.27 and a debt-to-equity ratio of 3.21. SLM has a 1-year low of $18.84 and a 1-year high of $29.75. The firm has a market capitalization of $6.22 billion, a P/E ratio of 10.21, a P/E/G ratio of 0.78 and a beta of 1.21. The firm has a 50-day simple moving average of $27.07 and a 200 day simple moving average of $23.79.

SLM (NASDAQ:SLM) last released its 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 net margin of 22.18% and a return on equity of 35.92%. Analysts predict that SLM will post 2.72 EPS for the current fiscal year.

SLM Announces Dividend

The business 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. The ex-dividend date is Wednesday, March 5th. This represents a $0.52 dividend on an annualized basis and a yield of 1.77%. SLM’s dividend payout ratio (DPR) is presently 18.12%.

Insider Transactions at SLM

In related news, Director Robert S. Strong sold 4,500 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $27.25, for a total value of $122,625.00. Following the sale, the director now directly owns 83,130 shares of the company’s stock, valued at approximately $2,265,292.50. This represents a 5.14 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate 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.