28-Mar-2024
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Application Window Now Open for The Sallie Mae Fund's Bridging the Dream Scholarship Program
Business Wire (Mon, 25-Mar 2:17 PM ET)
Scholly Returning to ABC's 'Shark Tank' for Company Update on March 15
Business Wire (Thu, 14-Mar 9:15 AM ET)
Sallie Mae Awards $100,000 in Scholarships to Graduate Students
Business Wire (Wed, 28-Feb 12:56 PM ET)
Sallie Mae CFO to Speak at 2024 RBC Capital Markets Global Financial Institutions Conference
Business Wire (Wed, 21-Feb 4:30 PM ET)
Sallie Mae Sets Date for Annual Meeting of Stockholders
Business Wire (Fri, 16-Feb 4:00 PM ET)
Sallie Mae CEO and CFO to Speak at 2024 UBS Financial Services Conference
Business Wire (Tue, 13-Feb 4:31 PM ET)
Sallie Mae Reports Fourth-Quarter and Full-Year 2023 Financial Results
Business Wire (Wed, 24-Jan 4:30 PM ET)
Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock
Business Wire (Tue, 23-Jan 4:30 PM ET)
Sallie Mae to Release Fourth-Quarter and Full-Year 2023 Financial Results on Jan. 24
Business Wire (Wed, 10-Jan 4:30 PM ET)
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.
SLM trades on the NASDAQ stock market under the symbol SLM.
As of March 28, 2024, SLM stock price climbed to $21.79 with 1,898,667 million shares trading.
SLM has a beta of 1.21, meaning it tends to be more sensitive to market movements. SLM has a correlation of 0.22 to the broad based SPY ETF.
SLM has a market cap of $4.80 billion. This is considered a Mid Cap stock.
Last quarter SLM reported $386 million in Revenue and $.72 earnings per share. This beat revenue expectation by $8 million and missed earnings estimates by -$.17.
In the last 3 years, SLM stock traded as high as $21.94 and as low as $10.81.
The top ETF exchange traded funds that SLM belongs to (by Net Assets): RDVY, VTI, IJH, VB, VBR.
SLM has outperformed the market in the last year with a price return of +94.0% while the SPY ETF gained +33.6%. SLM has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.5% and +3.3%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
SLM support price is $21.27 and resistance is $21.93 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SLM stock will trade within this expected range on the day.