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How to buy SLM stock (SLM)

Buy SLM stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

SLM
NASDAQ: SLM-USD
About 52 hours ago

$23.17

+$0.08 (+0.35%)

SLM is a credit services business based in the US. SLM shares (SLM) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $23.51 – an increase of 3.61% over the previous week. SLM employs 1,740 staff and has a trailing 12-month revenue of around $1.7 billion.

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  4. Search for the stock name – SLM. Search for the stock by name or ticker symbol.
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SLM stock price (NASDAQ: SLM)

Use our graph to track the performance of SLM stocks over time.

SLM shares at a glance

Information last updated 2024-10-16.
Latest market close$23.51
52-week range$11.98 - $23.83
50-day moving average $21.53
200-day moving average $20.96
Wall St. target price$26.33
PE ratio 7.1543
Dividend yield $0.44 (1.91%)
Earnings per share (TTM) $3.24

Is it a good time to buy SLM stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

SLM price performance over time

Historical closes compared with the close of $23.18 from 2024-10-15

1 week (2024-10-10) 2.16%
1 month (2024-09-17) 7.41%
3 months (2024-07-17) -1.36%
6 months (2024-04-17) 12.63%
1 year (2023-10-17) 70.44%
2 years (2022-10-17) 48.88%
3 years (2021-10-15) 33.07%
5 years (2019-10-17) 171.05%

Is SLM stock undervalued or overvalued?

Valuing SLM stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of SLM's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

SLM's P/E ratio

SLM's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, SLM shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

SLM's PEG ratio

SLM's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5827. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into SLM's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

SLM financials

Revenue TTM $1.7 billion
Operating margin TTM 68.1%
Gross profit TTM $1.2 billion
Return on assets TTM 2.62%
Return on equity TTM 36.18%
Profit margin 43.91%
Book value $9.35
Market Capitalization $5 billion

TTM: trailing 12 months

SLM share dividends

13%

Dividend payout ratio: 12.94% of net profits

Recently SLM has paid out, on average, around 12.94% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.91% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), SLM shareholders could enjoy a 1.91% return on their shares, in the form of dividend payments. In SLM's case, that would currently equate to about $0.44 per share.

While SLM's payout ratio might seem low, this can signify that SLM is investing more in its future growth.

SLM's most recent dividend payout was on 15 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 4 September 2024 (the "ex-dividend date").

Have SLM's shares ever split?

SLM's shares were split on a 2798:1000 basis on 30 April 2014. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 2798 shares. This wouldn't directly have changed the overall worth of your SLM shares – just the quantity. However, indirectly, the new 64.3% lower share price could have impacted the market appetite for SLM shares which in turn could have impacted SLM's share price.

SLM share price volatility

Over the last 12 months, SLM's shares have ranged in value from as little as $11.9801 up to $23.826. A popular way to gauge a stock's volatility is its "beta".

SLM.US volatility(beta: 1.16)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while SLM's is 1.162. This would suggest that SLM's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

SLM overview

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 is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware. .

Frequently asked questions

What percentage of SLM is owned by insiders or institutions?
Currently 1.054% of SLM shares are held by insiders and 99.209% by institutions.
How many people work for SLM?
Latest data suggests 1,740 work at SLM.
When does the fiscal year end for SLM?
SLM's fiscal year ends in December.
Where is SLM based?
SLM's address is: 300 Continental Drive, Newark, DE, United States, 19713
What is SLM's ISIN number?
SLM's international securities identification number is: US78442P1066
What is SLM's CUSIP number?
SLM's Committee on Uniform Securities Identification Procedures number is: 90390U102

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