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SLM Corp (NASDAQ: SLM) closed the day trading at $28.72 up 0.07% from the previous closing price of $28.70. In other words, the price has increased by $0.07 from its previous closing price. On the day, 1.86 million shares were traded. SLM stock price reached its highest trading level at $29.08 during the session, while it also had its lowest trading level at $28.43.
Ratios:
For a better understanding of SLM, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.98 whereas as Long-Term Debt/Eq ratio is at 2.98.
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, Keefe Bruyette on December 09, 2024, Downgraded its rating to Mkt Perform and sets its target price to $30 from $27 previously.
On September 25, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $27.
Citigroup Upgraded its Neutral to Buy on January 16, 2024, whereas the target price for the stock was revised from $14 to $23.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 28 ’25 when Strong Robert S. sold 40,000 shares for $28.57 per share. The transaction valued at 1,142,996 led to the insider holds 43,163 shares of the business.
Strong Robert S. bought 40,000 shares of SLM for $1,141,766 on Jan 28 ’25. On Dec 02 ’24, another insider, Strong Robert S., who serves as the Director of the company, sold 4,500 shares for $27.25 each. As a result, the insider received 122,625 and left with 83,130 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 6042688000 and an Enterprise Value of 7963984896. As of this moment, SLM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.82, and their Forward P/E ratio for the next fiscal year is 8.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.02 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 5.021.
Stock Price History:
The Beta on a monthly basis for SLM is 1.23, which has changed by 0.4862765 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, SLM has reached a high of $31.49, while it has fallen to a 52-week low of $18.84. The 50-Day Moving Average of the stock is 5.25%, while the 200-Day Moving Average is calculated to be 24.51%.
Shares Statistics:
Over the past 3-months, SLM traded about 2.60M shares per day on average, while over the past 10 days, SLM traded about 2867000 shares per day. A total of 210.40M shares are outstanding, with a floating share count of 209.53M. Insiders hold about 1.32% of the company’s shares, while institutions hold 94.68% stake in the company. Shares short for SLM as of 1735603200 were 8764983 with a Short Ratio of 3.57, compared to 1732838400 on 8048737. Therefore, it implies a Short% of Shares Outstanding of 8764983 and a Short% of Float of 4.95.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.81. The current Payout Ratio is 17.16% for SLM, which recently paid a dividend on 2024-12-05 with an ex-dividend date of 1741132800. Stock splits for the company last occurred on 2014-05-01 when the company split stock in a 2798:1000 ratio.
