Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, SLM Corp (NASDAQ: SLM) closed at $26.50 down -0.23% from its previous closing price of $26.56. In other words, the price has decreased by -$0.23 from its previous closing price. On the day, 1.71 million shares were traded. SLM stock price reached its highest trading level at $26.8799 during the session, while it also had its lowest trading level at $26.46.
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 2.83 whereas as Long-Term Debt/Eq ratio is at 2.83.
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 this company, BofA Securities on September 25, 2024, initiated with a Buy rating and assigned the stock a target price of $27.
On January 16, 2024, Citigroup Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $14 to $23.
On January 10, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $25.Deutsche Bank initiated its Buy rating on January 10, 2024, with a $25 target price.
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 Dec 02 ’24 when Strong Robert S. bought 4,500 shares for $27.22 per share.
Strong Robert S. sold 4,500 shares of SLM for $99,505 on Nov 01 ’24. The Director now owns 87,630 shares after completing the transaction at $22.11 per share. On Nov 01 ’24, another insider, Strong Robert S., who serves as the Director of the company, bought 4,500 shares for $22.08 each.
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 5626744832 and an Enterprise Value of 7369459200. As of this moment, SLM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.21, and their Forward P/E ratio for the next fiscal year is 8.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 2.99. Its current Enterprise Value per Revenue stands at 4.646.
Stock Price History:
Over the past 52 weeks, SLM has reached a high of $28.22, while it has fallen to a 52-week low of $15.64. The 50-Day Moving Average of the stock is 12.60%, while the 200-Day Moving Average is calculated to be 21.77%.
Shares Statistics:
For the past three months, SLM has traded an average of 1.87M shares per day and 3232450 over the past ten days. A total of 212.33M shares are outstanding, with a floating share count of 208.98M. Shares short for SLM as of 1731628800 were 7674868 with a Short Ratio of 4.09, compared to 1728950400 on 6326889. Therefore, it implies a Short% of Shares Outstanding of 7674868 and a Short% of Float of 4.33.
Dividends & Splits
According to the company, the forward annual dividend rate for SLM is 0.33, from 0.44 in the trailing year. Against a Trailing Annual Dividend Yield of 0.016566265The stock’s 5-year Average Dividend Yield is 1.81.
