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SLM Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
20.750
Open
19.980
VWAP
20.30
Vol
4.01M
Mkt Cap
4.09B
Low
19.498
Amount
81.37M
EV/EBITDA(TTM)
5.75
Total Shares
198.15M
EV
5.82B
EV/OCF(TTM)
--
P/S(TTM)
2.26
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.
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Events Timeline

(ET)
2026-03-09
08:40:00
Sallie Mae Enters $200M Share Repurchase Agreement with Goldman Sachs
select
2026-02-02 (ET)
2026-02-02
14:10:00
SLM Corporation Appoints Steve Turner as Chief Technology Officer
select
2026-01-23 (ET)
2026-01-23
12:10:00
Tech Stocks Under Pressure as Intel's Weak Outlook Hits Market
select
2026-01-23
09:00:00
Intel's Weak Outlook Pressures Stock Futures Lower
select

News

CNBC
7.0
03-10CNBC
Court Orders Termination of SAVE Student Loan Repayment Plan
  • Termination of SAVE Plan: The U.S. Court of Appeals for the Eighth Circuit has ordered the termination of the SAVE plan, introduced by the Biden administration to lower monthly payments for over 7 million student loan borrowers, marking a significant reversal in student loan policy.
  • Impact of Legal Challenges: Following its introduction, the SAVE plan faced Republican-led legal challenges, and although a lower court dismissed the main lawsuit, the appellate court's ruling introduces greater uncertainty for borrowers' financial planning and repayment strategies.
  • Borrower Hardships Intensified: Borrowers like Elizabeth Robeson from South Carolina, who borrowed $12,000 in the 1980s, now face a staggering debt of $93,000 despite making over 100 payments, highlighting the severity of the student loan crisis and its impact on working Americans.
  • Uncertain Future Outlook: With the termination of the SAVE plan, borrowers' hopes for relief and debt forgiveness are dimmed, potentially leading to increased financial distress and heightened public discourse surrounding student loan policies and their implications for the economy.
NASDAQ.COM
8.0
03-09NASDAQ.COM
Sallie Mae Enters $200 Million Accelerated Share Repurchase Agreement with Goldman Sachs
  • Agreement Signing: Sallie Mae has entered into a $200 million accelerated share repurchase agreement with Goldman Sachs, expected to be completed before the end of Q2 2026, indicating the company's confidence in its stock value.
  • Prefunding Arrangement: The company plans to prefund the $200 million repurchase on March 10, expecting to repurchase and retire a significant portion of shares shortly after execution, thereby reducing the number of outstanding shares and enhancing earnings per share.
  • Background of Repurchase Plan: This repurchase is part of the $500 million share repurchase program authorized by the board on January 22, reflecting the company's proactive strategy in capital management.
  • Market Reaction: In pre-market trading, Sallie Mae's stock rose 0.10% to $19.11, reflecting a positive market response to the repurchase news, despite Goldman Sachs' stock declining by 1.64% to $807.64.
seekingalpha
8.0
03-09seekingalpha
Sallie Mae Initiates $200 Million Share Repurchase Program
  • Repurchase Agreement Signed: Sallie Mae announced a $200 million accelerated share repurchase agreement with Goldman Sachs, aimed at enhancing earnings per share by reducing outstanding shares, despite a 4.02% drop in stock price post-announcement.
  • Prefunding Arrangement: The company plans to prefund the $200 million repurchase on March 10, 2026, ensuring an immediate reduction in shares outstanding during the repurchase period, thereby boosting market confidence.
  • Authorization Background: This repurchase will occur under the $500 million stock repurchase authorization approved by the board on January 22, 2026, reflecting the company's confidence in its future financial health.
  • Future Growth Outlook: Sallie Mae anticipates a 12%-14% growth in loan originations for 2026 while launching a new $500 million share repurchase program, aiming to enhance shareholder value through effective capital management.
Businesswire
8.5
03-04Businesswire
Sallie Mae Bank Successfully Prices First Student Loan ABS of the Year
  • Successful Pricing: Sallie Mae Bank has successfully priced its first student loan asset-backed securities (ABS) transaction of the year at $618 million, demonstrating robust investor demand and reflecting ongoing market interest in high-quality collateral.
  • Investor Engagement: Active investor participation during the marketing process validated the attractiveness of seasoned private education loan assets, showcasing Sallie Mae's strong track record in underwriting, servicing, and performance.
  • Pricing Strength: The transaction's pricing strength surpasses that of Sallie Mae's last on-balance sheet ABS deal, highlighting the resilience of its platform and the durability of student loans as an asset class despite ongoing market dislocation.
  • Diversified Funding Strategy: This successful pricing further supports Sallie Mae's diversified funding approach and reinforces its position as a programmatic issuer in the student loan ABS market.
Newsfilter
8.5
03-04Newsfilter
Sallie Mae Bank Successfully Prices First Student Loan ABS of the Year
  • Strong Market Demand: Sallie Mae Bank successfully priced a $618 million student loan asset-backed securities (ABS) transaction, which garnered robust investor demand following its formal announcement, indicating the ongoing attractiveness of high-quality education loan assets.
  • Investor Confidence Boost: The pricing strength of this transaction exceeded that of Sallie Mae's last on-balance sheet ABS deal, reflecting investor confidence in private student loans and their credit performance despite market volatility.
  • Diversified Funding Strategy: The successful pricing supports Sallie Mae's diversified funding approach and reinforces its position as a programmatic issuer in the student loan ABS market, demonstrating the company's resilience in uncertain market conditions.
  • Leader in Education Financing: As a leader in private student lending, Sallie Mae is committed to providing financing and resources to help customers achieve their educational and lifelong learning goals, fostering personal growth and development.
CNBC
8.5
03-02CNBC
SAVE Plan Survives Legal Challenge, Impact on Borrowers Uncertain
  • Legal Victory for SAVE: Judge John Ross of the U.S. District Court for the Eastern District of Missouri dismissed the main lawsuit against the SAVE plan, which, despite facing multiple legal challenges, still has over 7 million student loan borrowers enrolled, indicating a potential revival opportunity.
  • Borrower Interests in Focus: Consumer advocates are urging the Education Department to restore benefits under the SAVE plan, viewing the court's ruling as a 'golden opportunity' to address the staggering student loan debt, yet the Department has not responded, leaving future policy direction uncertain.
  • Alternative Options Recommended: Despite the temporary victory for SAVE, experts advise borrowers to seek other repayment plans, such as the Income-Based Repayment (IBR) plan, to mitigate financial pressures that may arise after the SAVE plan's expiration.
  • Future Repayment Choices: Starting July 1, 2026, borrowers will have access to a new Repayment Assistance Plan (RAP), where monthly payments will range from 1% to 10% of income, leading to debt forgiveness after 30 years, thus expanding repayment options for borrowers.
Wall Street analysts forecast SLM stock price to rise
11 Analyst Rating
Wall Street analysts forecast SLM stock price to rise
7 Buy
2 Hold
2 Sell
Moderate Buy
Current: 0.000
sliders
Low
23.00
Averages
31.09
High
37.00
Current: 0.000
sliders
Low
23.00
Averages
31.09
High
37.00
BofA
Buy
downgrade
$32 -> $29
AI Analysis
2026-03-09
New
Reason
BofA
Price Target
$32 -> $29
AI Analysis
2026-03-09
New
downgrade
Buy
Reason
BofA lowered the firm's price target on SLM to $29 from $32 and keeps a Buy rating on the shares. The firm is adjusting price targets for several consumer finance stocks to reflect a more uncertain macro outlook and lower market multiples.
Deutsche Bank
Buy
downgrade
$40 -> $32
2026-03-05
Reason
Deutsche Bank
Price Target
$40 -> $32
2026-03-05
downgrade
Buy
Reason
Deutsche Bank lowered the firm's price target on SLM to $32 from $40 and keeps a Buy rating on the shares after meetings with management. Contrary to market concerns about AI risk, SLM continues to see no signs that recent grads are performing worse than recent prior classes or worse than expectations, the analyst tells investors in a research note. Deutsche found the meetings supportive of the long-term bull case for SLM. The company's growth should accelerate as credit gradually improves and earnings volatility declines, the firm contends. The analyst, however, believes AI risk overhang could persist for some time.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for SLM
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Valuation Metrics

The current forward P/E ratio for SLM Corp (SLM.O) is 9.05, compared to its 5-year average forward P/E of 7.44. For a more detailed relative valuation and DCF analysis to assess SLM Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.44
Current PE
9.05
Overvalued PE
9.34
Undervalued PE
5.54

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.00
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
0.00
Undervalued EV/EBITDA
0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.36
Current PS
3.67
Overvalued PS
4.11
Undervalued PS
2.61

Financials

AI Analysis
Annual
Quarterly

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Whales Holding SLM

P
Pacific Investment Management Company LLC
Holding
SLM
+16.21%
3M Return
P
Polaris Capital Management, LLC
Holding
SLM
+9.55%
3M Return
B
Barrow, Hanley, Mewhinney & Strauss, LLC
Holding
SLM
+5.66%
3M Return
C
Cambria Investment Management, L.P.
Holding
SLM
+2.27%
3M Return
S
Systematic Alpha Investments, LLC
Holding
SLM
+1.61%
3M Return
B
Brave Warrior Advisors, LLC
Holding
SLM
-13.20%
3M Return

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Frequently Asked Questions

What is SLM Corp (SLM) stock price today?

The current price of SLM is 20.65 USD — it has increased 3.51

What is SLM Corp (SLM)'s business?

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.

What is the price predicton of SLM Stock?

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 is31.09 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.

What is SLM Corp (SLM)'s revenue for the last quarter?

SLM Corp revenue for the last quarter amounts to 420.61M USD, increased 16.10

What is SLM Corp (SLM)'s earnings per share (EPS) for the last quarter?

SLM Corp. EPS for the last quarter amounts to 1.12 USD, increased 124.00

How many employees does SLM Corp (SLM). have?

SLM Corp (SLM) has 1788 emplpoyees as of March 12 2026.

What is SLM Corp (SLM) market cap?

Today SLM has the market capitalization of 4.09B USD.