With 2.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.62 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $28.96 whereas the lowest price it dropped to was $28.22. The 52-week range on SLM shows that it touched its highest point at $31.49 and its lowest point at $18.84 during that stretch. It currently has a 1-year price target of $32.67. With its current market cap of 6.08 billion, SLM has annualized dividend of $0.46 while the current yield stands at 1.61%. SLM paid its most recent dividend on 1733356800, while the ex-dividend date for that was 1741132800. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SLM was up-trending over the past week, with a rise of 2.36%, but this was up by 4.26% over a month. Three-month performance surged to 25.61% while six-month performance rose 24.52%. The stock gained 49.17% in the past year, while it has gained 3.84% so far this year. A look at the trailing 12-month EPS for SLM yields 2.65 with Next year EPS estimates of 3.39. For the next quarter, that number is 1.12. This implies an EPS growth rate of 14.37% for this year and 10.49% for next year. EPS is expected to grow by 10.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 15.50%.
Float and Shares Shorts:
At present, 210.40 million SLM shares are outstanding with a float of 209.53 million shares on hand for trading. On 2024-12-31, short shares totaled 8.76 million, which was 413.00002000000006 higher than short shares on 1732838400. In addition to Mr. Jonathan W. Witter as the firm’s CEO & Director, Mr. Peter M. Graham CPA serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.01501 of SLM’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLM since 10 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SLM analysts setting a high price target of 34.0 and a low target of 30.0, the average target price over the next 12 months is 32.5. Based on these targets, SLM could surge 18.72% to reach the target high and rise by 4.75% to reach the target low. Reaching the average price target will result in a growth of 13.48% from current levels.
Analysts have provided yearly estimates in a range of $2.79021 being high and $2.60955 being low. For SLM, this leads to a yearly average estimate of $2.72999. Based on analyst estimates, the high estimate for the next quarter is $0.87 and the low estimate is $0.4. The average estimate for the next quarter is thus $0.61.
