What is the upside for SLM Corporation (SLM)?
On average, they expect SLM's stock price to reach $13.40 in the next twelve months. This suggests a possible upside of 48.1% from the stock's current price. View Analyst Price Targets for SLM.
Can SLM sustain its dividend?
The dividend payout ratio of SLM is 12.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SLM will have a dividend payout ratio of 15.66% next year. This indicates that SLM will be able to sustain or increase its dividend.
How much money does SLM make?
SLM has a market capitalization of $5.96 billion and generates $2.35 billion in revenue each year. The credit services provider earns $880.69 million in net income (profit) each year or $3.56 on an earnings per share basis. How many employees does SLM have?
What does SLM Corporation do for Education?
SLM Corp. SLM Corp. engages in the origination, servicing, and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.
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WILMINGTON, Del., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Navient (Nasdaq: NAVI), a leader in education loan management and business processing solutions, announced that its board of directors approved a 2022 first quarter dividend of $0.16 per share on the company's common stock.
Navient Private Education Loan Trust 2016-A -- Moody's affirms 41 notes from 17 Navient private student loans transactions
Rating Action: Moody's affirms 41 notes from 17 Navient private student loans transactionsGlobal Credit Research - 23 Feb 2022Approximately $3.44 billon of asset-backed securities affectedNew York, February 23, 2022 -- Moody's Investors Service ("Moody's") has affirmed the ratings on 41 classes of notes in 17 private student loan securitizations sponsored, administered, and serviced by Navient Solutions, LLC, a wholly-owned subsidiary of Navient Corporation ("Navient", Ba3 stable) following the company's recent announcement of a settlement with state attorneys general to resolve previously disclosed multistate litigation and investigations.
Sallie Mae Sets Date for Annual Meeting of Stockholders
NEWARK, Del., February 22, 2022--Sallie Mae® (Nasdaq: SLM) formally SLM Corporation, today announced its 2022 annual meeting of stockholders will take place on June 21, 2022, at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 22, 2022.
Who owns restricted shares of a company?
Number of shares that are currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public.
How to calculate restricted stock?
To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company's dividend expressed as a percentage of its current stock price.
What is SLM Corp?
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
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To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
What is Morningstar quantitative rating?
Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
Who is the head of quantitative research at Morningstar?
There is no one analyst in which a Quantitative Star Rating and Fair Value Estimate is attributed to; however, Mr. Lee Davidson, Head of Quantitative Research for Morningstar, Inc., is responsible for overseeing the methodology that supports the quantitative fair value. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.'s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. For information regarding Conflicts of Interests, click here .
Does Morningstar cover ratings?
Companies with ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.
How much of SLM stock is held by institutions?
95.56% of the stock of SLM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Who bought SLM stock?
Company insiders that have bought SLM stock in the last two years include Mary Carter Warren Franke, and Robert S Strong.
What is the dividend payout ratio of SLM?
The dividend payout ratio of SLM is 3.37%. This payout ratio is at a healthy, sustainable level, below 75%.
What is the SLM rating?
SLM has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
How much does SLM make?
SLM has a market capitalization of $5.81 billion and generates $2.35 billion in revenue each year. The credit services provider earns $880.69 million in net income (profit) each year or $2.23 on an earnings per share basis.
What is SLM Corp?
SLM Corp. engages in the provision and administration of education loans. Its services include private education loans, banking, college savings, and insurance services. The company was founded in 1972 and is headquartered in Newark, DE.
When will SLM repurchase its stock?
SLM declared that its Board of Directors has initiated a share repurchase program on Wednesday, October 20th 2021, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.
What is SLM Corporation?
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 also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts.
What is the dividend yield of SLM?
SLM Corporation has a dividend yield of 0.63%. In order to be considered a 'good dividend stock', SLM Corporation should raise their dividend payout to provide investors a higher yield. See more in-depth information here.
Where is SLM headquartered?
SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. More... Sector. Financials.
