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In the latest session, SLM Corp. (NASDAQ: SLM) closed at $20.45 up 2.56% from its previous closing price of $19.94. In other words, the price has increased by $2.56 from its previous closing price. On the day, 0.83 million shares were traded. SLM stock price reached its highest trading level at $20.5 during the session, while it also had its lowest trading level at $20.11.
Ratios:
For a deeper understanding of SLM Corp.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 2.37 whereas as Long-Term Debt/Eq ratio is at 2.37.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on January 16, 2024, Upgraded its rating to Buy and sets its target price to $23 from $14 previously.
On January 10, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $25.
JP Morgan Downgraded its Overweight to Neutral on January 04, 2024, whereas the target price for the stock was revised from $18 to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 01 ’24 when Strong Robert S. bought 4,500 shares for $22.67 per share.
Strong Robert S. sold 4,500 shares of SLM for $102,150 on Aug 01 ’24. The Director now owns 101,093 shares after completing the transaction at $22.70 per share. On Jul 01 ’24, another insider, Strong Robert S., who serves as the Director of the company, sold 4,500 shares for $20.89 each. As a result, the insider received 94,019 and left with 105,593 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SLM now has a Market Capitalization of 4447077376 and an Enterprise Value of 4778361856. As of this moment, SLM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.36, and their Forward P/E ratio for the next fiscal year is 6.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.45 while its Price-to-Book (P/B) ratio in mrq is 2.19. Its current Enterprise Value per Revenue stands at 2.837.
Stock Price History:
Over the past 52 weeks, SLM has reached a high of $23.95, while it has fallen to a 52-week low of $12.26. The 50-Day Moving Average of the stock is -4.29%, while the 200-Day Moving Average is calculated to be 4.86%.
Shares Statistics:
For the past three months, SLM has traded an average of 1.71M shares per day and 1700190 over the past ten days. A total of 220.34M shares are outstanding, with a floating share count of 213.94M. Insiders hold about 1.62% of the company’s shares, while institutions hold 101.16% stake in the company. Shares short for SLM as of 1721001600 were 8730463 with a Short Ratio of 5.10, compared to 1718323200 on 10562362. Therefore, it implies a Short% of Shares Outstanding of 8730463 and a Short% of Float of 4.79.
Dividends & Splits
According to the company, the forward annual dividend rate for SLM is 0.44, from 0.44 in the trailing year. Against a Trailing Annual Dividend Yield of 0.022066198The stock’s 5-year Average Dividend Yield is 1.75.
