Morgan Stanley Upholds Overweight Rating for SLM Corporation - Preferred Stock (SLMBP)
Morgan Stanley's Recommendation: On October 24, 2025, Morgan Stanley maintained an Overweight recommendation for SLM Corporation - Preferred Stock (NasdaqGS:SLMBP), with an average one-year price target of $107.76/share, indicating a potential upside of 42.69% from its current price of $75.52/share.
Projected Financials: SLM Corporation is projected to have an annual revenue of $1,731 million, reflecting an 18.51% increase, with a non-GAAP EPS forecast of 3.19.
Institutional Holdings: Ten funds reported positions in SLM Corporation - Preferred Stock, with a slight increase in total shares owned by institutions to 933K shares, while the average portfolio weight dedicated to SLMBP rose by 4.01% to 1.24%.
Shareholder Activity: Several funds, including Virtus InfraCap U.S. Preferred Stock ETF and iShares Preferred and Income Securities ETF, reported decreases in their holdings of SLMBP, while Atlas Wealth increased its allocation by 2.05%.
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Wells Fargo Reaffirms Overweight Rating for SLM Corporation - Preferred Stock (SLMBP)
Wells Fargo Coverage: On December 11, 2025, Wells Fargo maintained an Overweight recommendation for SLM Corporation - Preferred Stock (NasdaqGS:SLMBP), with an average one-year price target of $87.37/share, indicating a potential upside of 16.25% from its recent closing price of $75.15/share.
Projected Revenue and EPS: SLM Corporation's projected annual revenue is estimated at $1,731 million, reflecting an 18.51% increase, with a projected non-GAAP EPS of 3.19.
Fund Sentiment Changes: There has been a decrease in institutional ownership of SLM Corporation - Preferred Stock, with 10 funds reporting positions, down by 9.09% from the previous quarter, while the average portfolio weight increased by 2.69%.
Shareholder Activity: Various funds have adjusted their holdings in SLMBP, with some decreasing their allocations significantly, while Atlas Wealth increased its holdings by 21.08%, indicating mixed sentiment among shareholders.
SLM's Series B Preferred Stock Exceeds 8.5% Yield Threshold
SLMBP Performance: The one-year performance of SLMBP shares is compared to SLM shares, with SLMBP currently trading flat while SLM shares are down approximately 14.2%.
Dividend History: A chart detailing the historical dividend payments for SLM Corp.'s Floating-Rate Non-Cumulative Preferred Stock, Series B, is provided.
Current Trading Status: On Tuesday, SLMBP shares are noted to be stable, contrasting with the decline in common shares of SLM.
Author's Views: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
