SLM Stock Summary and Trading Ideas (SLM | NASDAQ:SLM)

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 January 17, 2025, SLM stock price declined to $27.98 with 1,675,668 million shares trading.

SLM has a market cap of $5.94 billion. This is considered a Mid Cap stock.

Last quarter SLM reported $359 million in Revenue and -$.23 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.29.

In the last 3 years, SLM traded as high as $28.91 and as low as $10.81.

The top ETF exchange traded funds that SLM belongs to (by Net Assets): RDVY, IJH, VTI, VB, AVUV.

SLM has outperformed the market in the last year with a return of +52.2%, while the SPY ETF gained +28.0%. In the last 3 month period, SLM beat the market returning +18.9%, while SPY returned +3.0%. However, in the most recent 2 weeks SLM has underperformed the stock market by returning -0.7%, while SPY returned +1.0%.

SLM support price is $27.62 and resistance is $28.64 (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 shares will trade within this expected range on the day.