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SLM

SLM · NASDAQ

$22.26+$0.69 (+3.20%)TodayMarket closed ·
Prev close $21.57

About SLM

SLM Corp. engages in the provision and administration of education loans. The company is headquartered in Newark Delaware, Delaware and currently employs 1,788 full-time employees. 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. The company 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. The company 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.

Employees
1,788
Headquarters
Newark Delaware, Delaware
Listed
Sep 23, 1983
Sector
Financials
Industry
Consumer Finance
Website
salliemae.com

SLM key statistics

Market cap
4.05B
Price-earnings ratio
6.04
Dividend yield
2.89%
Average volume
2.49M
Volume
2.47M
Open price
$21.47
High today
$22.37
Low today
$21.47
52 Week high
$31.06
52 Week low
$17.77

SLM (SLM) at a glance

As of Oct 20, 2026, SLM (SLM) shares are priced at $22.26, giving the company a market cap of 4.05B, a price-to-earnings ratio of 6.04 and a dividend yield of 2.89%.

Today the stock has traded between $21.47 and $22.37. The current price is 3.7% above the day's low and 0.5% below its high.

Volume so far is 2.47M shares, in line with the average of 2.49M shares a day.

Over the past year SLM has ranged from $17.77 to $31.06, and now sits 34% of the way up that range.

SLM met or beat analyst EPS estimates in 7 of the last 8 quarters. In Q2 FY26 it reported $0.29 per share against an estimate of $0.4402.

The average analyst price target is $29.48, 32.4% above the current price, from 8 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

50%of 8 analyst ratings say Buy
  • Buy50.0%
  • Hold37.5%
  • Sell12.5%
Price target · 12 analystsAvg $29.48
Low
$23.23
Now
$22.26
High
$36.75

SLM earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 7 of the last 8 quarters, by 10.0% on average.

  1. Q3 FY99: reported $0.2567 per share against an estimate of $0.2562
  2. Q4 FY99: reported $0.2733 per share against an estimate of $0.2683
  3. Q1 FY00: reported $0.2767 per share against an estimate of $0.2675
  4. Q2 FY00: reported $0.2433 per share against an estimate of $0.2317
  5. Q3 FY00: reported $0.2567 per share against an estimate of $0.2463
  6. Q4 FY25: reported $1.12 per share against an estimate of $0.9358
  7. Q1 FY26: reported $1.54 per share against an estimate of $1.14
  8. Q2 FY26: reported $0.29 per share against an estimate of $0.4402

SLM news

  • Press releaseBusiness Wire

    Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

  • Press releaseBusiness Wire

    Sallie Mae to Release Third-Quarter Financial Results

  • Press releaseBusiness Wire

    The 2027-28 FAFSA® Is Now Open: Students and Families Should File It As Soon As Possible to Maximize Financial Aid for College

  • Press releaseBusiness Wire

    “How America Pays for College 2026” Finds Overwhelming Majority of Families Continue to View College as a Valuable Investment and More Than 8 in 10 Are Confident in How They Paid for It

  • Press releaseBusiness Wire

    Sallie Mae Reports Second Quarter 2026 Financial Results

  • Press releaseBusiness Wire

    Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

  • Press releaseBusiness Wire

    Sallie Mae to Release Second-Quarter Financial Results

  • Press releaseBusiness Wire

    Sallie Mae Selects Nova Credit’s Income Navigator for Income Verification

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.