SLM (NASDAQ:SLM) Releases FY 2025 Earnings Guidance

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

SLM Trading Up 0.8 %

SLM traded up $0.22 during trading on Thursday, reaching $29.30. 3,646,084 shares of the stock traded hands, compared to its average volume of 2,691,981. The stock’s 50-day moving average is $27.07 and its 200 day moving average is $23.79. SLM has a 12 month low of $18.84 and a 12 month high of $29.75. 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 stock has a market capitalization of $6.22 billion, a PE ratio of 10.21, a P/E/G ratio of 0.78 and a beta of 1.21.

SLM (NASDAQ:SLM) last released its earnings results 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%. Equities analysts anticipate that SLM will post 2.72 earnings per share for the current year.

SLM Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Wednesday, March 5th will be given a dividend of $0.13 per share. The ex-dividend date is Wednesday, March 5th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.77%. SLM’s payout ratio is presently 18.12%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. JPMorgan Chase & Co. upped their price objective on shares of SLM from $27.00 to $29.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. Wedbush reaffirmed an “outperform” rating and set a $26.00 price target on shares of SLM in a research note on Thursday, October 24th. Morgan Stanley raised their price objective on SLM from $26.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday, December 19th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $26.00 target price on shares of SLM in a research report on Thursday, October 24th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $30.00 price target (up previously from $27.00) on shares of SLM in a research report on Monday, December 9th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $27.90.

Insiders Place Their Bets

In related news, Director Robert S. Strong sold 4,500 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $27.25, for a total transaction of $122,625.00. Following the completion of the sale, the director now directly owns 83,130 shares of the company’s stock, valued at approximately $2,265,292.50. This trade represents a 5.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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.