SLM (NASDAQ:SLM) Updates 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 -.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Royal Bank of Canada upped their price objective on shares of SLM from $30.00 to $32.00 and gave the stock an “outperform” rating in a research report on Friday. Wells Fargo & Company increased their price target on SLM from $32.00 to $33.00 and gave the company an “overweight” rating in a research report on Friday. Wedbush reissued an “outperform” rating and issued a $26.00 price objective on shares of SLM in a research report on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on SLM from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday. Finally, Morgan Stanley lifted 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. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, SLM has an average rating of “Moderate Buy” and a consensus price target of $29.82.

SLM Price Performance

NASDAQ SLM opened at $29.01 on Friday. The company has a quick ratio of 1.27, a current ratio of 1.29 and a debt-to-equity ratio of 3.21. The company has a market cap of $6.16 billion, a PE ratio of 10.11, a price-to-earnings-growth ratio of 0.79 and a beta of 1.21. SLM has a 52 week low of $18.84 and a 52 week high of $31.49. The firm’s 50-day simple moving average is $27.27 and its two-hundred day simple moving average is $23.89.

SLM (NASDAQ:SLM) last released its quarterly earnings data on Thursday, January 23rd. The credit services provider reported $0.50 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%. Research analysts predict that SLM will post 2.72 earnings per share for the current year.

SLM Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Wednesday, March 5th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Wednesday, March 5th. SLM’s dividend payout ratio is presently 18.12%.

Insider Activity

In other SLM news, Director Robert S. Strong sold 4,500 shares of the company’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $27.25, for a total value of $122,625.00. Following the transaction, the director now directly owns 83,130 shares in the company, valued at $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 through this hyperlink. 1.20% of the stock is owned by company insiders.

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.