SLM Corporation Appoints Steve Turner as Chief Technology Officer
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 6d ago
0mins
Should l Buy SLM?
Sallie Mae, formally SLM Corporation, announced it has appointed Steve Turner, Chief Technology and Enablement Officer. In this role, Turner will oversee technology architecture and delivery, IT innovation, data, and information, and physical security. Turner most recently, he served as Managing Director and Head of Data, Analytics, Insights, and Marketing Technology for Bank of America, leading all aspects of technology including operations, business delivery, risk, and innovation, SLM stated.
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Analyst Views on SLM
Wall Street analysts forecast SLM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SLM is 31.09 USD with a low forecast of 23.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
7 Buy
2 Hold
2 Sell
Moderate Buy
Current: 26.900
Low
23.00
Averages
31.09
High
37.00
Current: 26.900
Low
23.00
Averages
31.09
High
37.00
About SLM
SLM Corporation is a holding company, which operates through various subsidiaries and is a financial brand for higher education. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customers’ total finance charges. The Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. It also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Class Action Lawsuit Filed Against SLM Corporation
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against SLM Corporation in the U.S. District Court for New Jersey on behalf of investors who purchased SLM stock between July 25 and August 14, 2025, alleging the company failed to disclose a significant rise in early-stage delinquencies.
- Allegation Details: The lawsuit claims that SLM made false or misleading statements and overstated the effectiveness of its loss mitigation and loan modification programs, leading investors to make decisions based on incomplete information during the class period.
- Market Reaction: Following a report from TD Cowen on August 14, 2025, indicating a 45 basis point increase in early delinquencies, SLM's stock price dropped by 8.1% the next day, from $32.99 to $30.32, reflecting investor concerns over the company's stability.
- Investor Action: Affected investors must apply by February 17, 2026, to be appointed as lead plaintiffs in the lawsuit, with Bragar Eagel & Squire offering free consultations to help investors understand their rights and options regarding the claims.
See More
Notice of Class Action Lawsuit Against SLM Corporation
- Class Action Notice: Rosen Law Firm reminds investors who purchased SLM Corporation securities between July 25 and August 14, 2025, to apply as lead plaintiffs by February 17, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket expenses, as the law firm operates on a contingency fee basis, minimizing financial burdens for investors.
- Lawsuit Background: The lawsuit alleges that SLM made false and misleading statements during the class period, failing to disclose a significant rise in early-stage delinquencies, which led to investor losses when the truth emerged in the market.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first in 2017 for the number of securities class action settlements, demonstrating its expertise and success in this field.
See More
SLM Corporation Faces Class Action Lawsuit
- Lawsuit Background: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against SLM Corporation, alleging violations of federal securities laws between July 25 and August 14, 2025, impacting investor rights.
- False Statement Allegations: The complaint claims that SLM made materially false and misleading statements during the class period, artificially inflating its securities prices and misleading investors about the company's true financial health.
- Delinquency Issues: The lawsuit highlights a significant increase in early-stage delinquencies at SLM, which the company failed to disclose, leading to a misleading impression of its operational stability in the market.
- Investor Action Advice: Affected investors are encouraged to apply to be lead plaintiffs by February 17, 2026, to participate in potential recoveries, with the law firm operating on a contingency fee basis, thus minimizing financial risk for investors.
See More
Faruqi & Faruqi Encourages SLM Investors to Reach Out
- Legal Investigation: Faruq & Faruqi LLP is investigating potential claims against SLM Corporation, particularly for investors who purchased or acquired securities between July 25, 2025, and August 14, 2025, aiming to provide legal support for affected investors.
- Investor Contact Information: Securities Litigation Partner Josh Wilson encourages affected investors to contact him directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights and options.
- Class Action Deadline: The firm reminds investors that the deadline to seek the role of lead plaintiff in a federal securities class action against SLM is February 17, 2026, making this date critical for potential legal actions.
- Company Background: SLM Corporation (NASDAQ: SLM) is a company involved in securities that currently faces legal challenges, prompting investors to be aware of its potential financial impacts and subsequent developments.
See More
SLM Corporation Class Action Securities Lawsuit Notification
- Lawsuit Background: Levi & Korsinsky LLP has notified investors of a class action lawsuit against SLM Corporation for alleged securities fraud occurring between July 25, 2025, and August 14, 2025, aimed at recovering losses for affected investors.
- Allegations Details: The complaint alleges that defendants concealed a significant rise in early-stage delinquencies at SLM and overstated the effectiveness of the company's loss mitigation and loan modification programs, misleading investors about the company's business and prospects.
- Investor Action: Affected investors have until February 17, 2026, to apply to be appointed as lead plaintiff, with no out-of-pocket costs required to participate in the lawsuit, allowing broader access to potential compensation.
- Law Firm's Strength: With over 20 years of experience, Levi & Korsinsky has secured hundreds of millions for shareholders and has been recognized for seven consecutive years as one of the top securities litigation firms in the U.S., highlighting its expertise in complex securities cases.
See More
Notice to SLM Corporation Shareholders Regarding Class Action
- Lawsuit Notice: The Gross Law Firm has issued a notice to shareholders of SLM Corporation (NASDAQ:SLM), encouraging those who purchased shares during the class period from July 25, 2025, to August 14, 2025, to contact the firm regarding potential lead plaintiff status.
- Allegations: The complaint alleges that during the class period, SLM experienced a significant rise in early-stage delinquencies, leading to misleading statements about the effectiveness of its loss mitigation and loan modification programs, thereby creating a false impression of the company's business and prospects.
- Registration Deadline: Shareholders must register for the class action by February 17, 2026, and upon registration, they will receive updates throughout the case lifecycle, ensuring they stay informed about the proceedings.
- Law Firm Background: The Gross Law Firm is a nationally recognized class action firm committed to protecting investors' rights who have suffered losses due to deceit and illegal business practices, emphasizing the need for companies to adhere to responsible business practices.
See More
Class Action Lawsuit Filed Against SLM Corporation
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against SLM Corporation in the U.S. District Court for New Jersey on behalf of investors who purchased SLM stock between July 25 and August 14, 2025, alleging the company failed to disclose a significant rise in early-stage delinquencies.
- Allegation Details: The lawsuit claims that SLM made false or misleading statements and overstated the effectiveness of its loss mitigation and loan modification programs, leading investors to make decisions based on incomplete information during the class period.
- Market Reaction: Following a report from TD Cowen on August 14, 2025, indicating a 45 basis point increase in early delinquencies, SLM's stock price dropped by 8.1% the next day, from $32.99 to $30.32, reflecting investor concerns over the company's stability.
- Investor Action: Affected investors must apply by February 17, 2026, to be appointed as lead plaintiffs in the lawsuit, with Bragar Eagel & Squire offering free consultations to help investors understand their rights and options regarding the claims.
See More
Notice of Class Action Lawsuit Against SLM Corporation
- Class Action Notice: Rosen Law Firm reminds investors who purchased SLM Corporation securities between July 25 and August 14, 2025, to apply as lead plaintiffs by February 17, 2026, to participate in the class action and seek compensation.
- Fee Arrangement: Investors joining the class action will incur no out-of-pocket expenses, as the law firm operates on a contingency fee basis, minimizing financial burdens for investors.
- Lawsuit Background: The lawsuit alleges that SLM made false and misleading statements during the class period, failing to disclose a significant rise in early-stage delinquencies, which led to investor losses when the truth emerged in the market.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions, having recovered over $438 million for investors in 2019 alone, and was ranked first in 2017 for the number of securities class action settlements, demonstrating its expertise and success in this field.
See More
SLM Corporation Faces Class Action Lawsuit
- Lawsuit Background: Bronstein, Gewirtz & Grossman LLC has filed a class action lawsuit against SLM Corporation, alleging violations of federal securities laws between July 25 and August 14, 2025, impacting investor rights.
- False Statement Allegations: The complaint claims that SLM made materially false and misleading statements during the class period, artificially inflating its securities prices and misleading investors about the company's true financial health.
- Delinquency Issues: The lawsuit highlights a significant increase in early-stage delinquencies at SLM, which the company failed to disclose, leading to a misleading impression of its operational stability in the market.
- Investor Action Advice: Affected investors are encouraged to apply to be lead plaintiffs by February 17, 2026, to participate in potential recoveries, with the law firm operating on a contingency fee basis, thus minimizing financial risk for investors.
See More
Faruqi & Faruqi Encourages SLM Investors to Reach Out
- Legal Investigation: Faruq & Faruqi LLP is investigating potential claims against SLM Corporation, particularly for investors who purchased or acquired securities between July 25, 2025, and August 14, 2025, aiming to provide legal support for affected investors.
- Investor Contact Information: Securities Litigation Partner Josh Wilson encourages affected investors to contact him directly at 877-247-4292 or 212-983-9330 (Ext. 1310) to discuss their legal rights and options.
- Class Action Deadline: The firm reminds investors that the deadline to seek the role of lead plaintiff in a federal securities class action against SLM is February 17, 2026, making this date critical for potential legal actions.
- Company Background: SLM Corporation (NASDAQ: SLM) is a company involved in securities that currently faces legal challenges, prompting investors to be aware of its potential financial impacts and subsequent developments.
See More
SLM Corporation Class Action Securities Lawsuit Notification
- Lawsuit Background: Levi & Korsinsky LLP has notified investors of a class action lawsuit against SLM Corporation for alleged securities fraud occurring between July 25, 2025, and August 14, 2025, aimed at recovering losses for affected investors.
- Allegations Details: The complaint alleges that defendants concealed a significant rise in early-stage delinquencies at SLM and overstated the effectiveness of the company's loss mitigation and loan modification programs, misleading investors about the company's business and prospects.
- Investor Action: Affected investors have until February 17, 2026, to apply to be appointed as lead plaintiff, with no out-of-pocket costs required to participate in the lawsuit, allowing broader access to potential compensation.
- Law Firm's Strength: With over 20 years of experience, Levi & Korsinsky has secured hundreds of millions for shareholders and has been recognized for seven consecutive years as one of the top securities litigation firms in the U.S., highlighting its expertise in complex securities cases.
See More
Notice to SLM Corporation Shareholders Regarding Class Action
- Lawsuit Notice: The Gross Law Firm has issued a notice to shareholders of SLM Corporation (NASDAQ:SLM), encouraging those who purchased shares during the class period from July 25, 2025, to August 14, 2025, to contact the firm regarding potential lead plaintiff status.
- Allegations: The complaint alleges that during the class period, SLM experienced a significant rise in early-stage delinquencies, leading to misleading statements about the effectiveness of its loss mitigation and loan modification programs, thereby creating a false impression of the company's business and prospects.
- Registration Deadline: Shareholders must register for the class action by February 17, 2026, and upon registration, they will receive updates throughout the case lifecycle, ensuring they stay informed about the proceedings.
- Law Firm Background: The Gross Law Firm is a nationally recognized class action firm committed to protecting investors' rights who have suffered losses due to deceit and illegal business practices, emphasizing the need for companies to adhere to responsible business practices.
See More
