SLM Corporation (SLM)
| Market Cap | 4.46B |
| Revenue (ttm) | 1.67B |
| Net Income (ttm) | 732.94M |
| Shares Out | 188.58M |
| EPS (ttm) | 3.55 |
| PE Ratio | 6.65 |
| Forward PE | 8.78 |
| Dividend | $0.52 (2.20%) |
| Ex-Dividend Date | Jun 4, 2026 |
| Volume | 1,815,240 |
| Open | 23.64 |
| Previous Close | 23.43 |
| Day's Range | 23.47 - 24.02 |
| 52-Week Range | 17.77 - 34.97 |
| Beta | 1.05 |
| Analysts | Buy |
| Price Target | 31.09 (+31.35%) |
| Earnings Date | Apr 23, 2026 |
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 provides retail deposit accounts, including high-yield savings accounts, money market accounts, and certificates of deposit; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. [Read more]
Financial Performance
In 2025, SLM Corporation's revenue was $1.65 billion, an increase of 14.66% compared to the previous year's $1.44 billion. Earnings were $729.12 million, an increase of 23.57%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for SLM stock is "Buy." The 12-month stock price target is $31.09, which is an increase of 31.35% from the latest price.
News
Founder of Shark Tank-backed startup Scholly sues his acquirer Sallie Mae
When Chris Gray sold his Shark Tank-backed scholarship search startup Scholly to Sallie Mae in 2023, he thought he had it all. Now he's suing the student loan giant for wrongful termination and allegi...
Sallie Mae Announces Senior Leadership Appointments
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced it has named Chief Financial Officer Peter Graham and Chief Operational Officer Kerri Palmer Co-Pres...
SLM Corporation Earnings Call Transcript: Q1 2026
Q1 2026 saw EPS rise to $1.54 and loan originations grow 5% year-over-year, with strong credit quality and robust capital returns. 2026 EPS guidance was raised, supported by loan sales and share repurchases, while strategic investments position the business for multi-year growth.
Sallie Mae Reports First Quarter 2026 Financial Results and Raises Full-Year 2026 Diluted Earnings per Common Share Guidance
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released first quarter 2026 financial results and raised full-year 2026 diluted earnings per common share guida...
Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced a 2026 second-quarter dividend on its Preferred Stock Series B of $1.4269028 per share. The company a...
Understanding Financial Aid Offer Letters: What College-Bound Families Need to Know
NEWARK, Del.--(BUSINESS WIRE)--Each spring, students and families reach one of the most important milestones in the college decision process: receiving financial aid offer letters from colleges and un...
David Einhorn signals caution as his hedge fund Greenlight prioritizes capital protection
Greenlight Capital's David Einhorn warned that investors may be underestimating potential downside risks. "It probably won't surprise anyone that we are again putting capital preservation at the top o...
Sallie Mae to Release First-Quarter Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, will release first-quarter 2026 financial results after market close on Thursday, April 23, 2026. A live audio webca...
Sallie Mae® Expands Graduate Loan Options For Medical and Dental Students
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) today announced new and expanded graduate loan options for medical and dental students, supporting students from the first year of school throug...
The Sallie Mae Fund Now Accepting Applications for Bridging the Dream Scholarship for High School Seniors
NEWARK, Del.--(BUSINESS WIRE)--The Sallie Mae Fund is now accepting applications for the 2026–27 Bridging the Dream Scholarship for High School Seniors. The Sallie Mae Fund's Bridging the Dream Schola...
SLM Corporation Transcript: 2026 RBC Capital Markets Global Financial Institutions Conference
The company highlighted strong capital markets execution, robust customer acquisition, and significant share buybacks. Grad PLUS reforms are expected to drive a 70% increase in originations over the next 3–4 years, with a focus on credit quality and competitive positioning.
Sallie Mae Announces $200 million Accelerated Share Repurchase
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM) formally SLM Corporation, today announced that it has entered into a $200 million accelerated share repurchase (“ASR”) agreement with Goldman Sa...
Sallie Mae CEO to Speak at 2026 RBC Capital Markets Global Financial Institutions Conference
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Executive Officer Jon Witter will speak at the 2026 RBC Capital Markets Global Financial Insti...
Sallie Mae Successfully Prices First Student Loan ABS of the Year
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today announced the successful pricing of the first student loan asset-backed securities (ABS) transaction of the yea...
Sallie Mae Sets Date for Annual Meeting of Stockholders
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced its 2026 annual meeting of stockholders will take place on June 16, 2026, at 1 p.m. ET. The annual m...
DEADLINE NEXT WEEK: Berger Montague Advises SLM Corporation a/k/a Sallie Mae (NASDAQ: SLM) Investors to Contact the Firm Before February 17, 2026
PHILADELPHIA, Feb. 11, 2026 (GLOBE NEWSWIRE) -- National plaintiffs' law firm Berger Montague PC announces that a class action lawsuit has been filed against SLM Corporation a/k/a Sallie Mae (NASDAQ: ...
SLM Corporation Transcript: Bank of America Financial Services Conference 2026
Expansion into the grad lending market, driven by federal reforms and strategic partnerships, is expected to fuel significant origination and earnings growth over the next few years. Credit quality remains stable, with strong risk management and capital return priorities.
Sallie Mae CFO to Speak at Bank of America Securities 2026 Financial Services Conference
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Bank of America Securities 2026 Financial Serv...
Sallie Mae Names Steve Turner Chief Technology and Enablement Officer
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced it has appointed Steve Turner, Chief Technology and Enablement Officer. In this role, Turner will ov...
INVESTOR NOTICE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of SLM Corporation
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In SLM To Contact Him Directly To Discuss Their Options If you purchased or acquired sec...
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of SLM Corporation
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In SLM To Contact Him Directly To Discuss Their Options
REMINDER: SLM Corporation a/k/a Sallie Mae Investors With Significant Losses Must Act By February 17, 2026
NEW YORK, Jan. 27, 2026 (GLOBE NEWSWIRE) -- Kirby McInerney LLP reminds SLM Corporation a/k/a Sallie Mae (“SLM” or the “Company”) (NASDAQ:SLM) investors of the February 17, 2026 deadline to seek the r...
SLM INVESTOR REMINDER: SLM Corporation a/k/a Sallie Mae Investors Have Until February 17, 2026 To Seek Lead Plaintiff Role
NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your SLM Corporation a/k/a Sallie Mae (“SLM” or the “Company”) (NASDAQ:SLM) investment, contact Lauren Molinaro of Kirby McInerney LLP by emai...
SLM Corporation Earnings Call Transcript: Q4 2025
Delivered strong 2025 results with 6% loan origination growth and higher EPS, driven by robust sector trends and strategic partnerships. 2026 guidance anticipates 12%-14% origination growth, increased investment, and stable credit, with PLUS loan reforms expected to fuel future expansion.
Sallie Mae Reports Fourth Quarter and Full-Year 2025 Financial Results
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released fourth quarter and full-year 2025 financial results. Complete financial results and related materials ...