Trading Day Review: SLM Corp (SLM) Gains Momentum, Closing at 30.42

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The price of SLM Corp (NASDAQ: SLM) closed at $30.42 in the last session, up 2.42% from day before closing price of $29.70. In other words, the price has increased by $2.42 from its previous closing price. On the day, 3.13 million shares were traded. SLM stock price reached its highest trading level at $30.575 during the session, while it also had its lowest trading level at $29.88.

Ratios:

We take a closer look at SLM’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 21 ’25 when Palmer Kerri A. sold 25,000 shares for $31.90 per share. The transaction valued at 797,522 led to the insider holds 131,484 shares of the business.

Palmer Kerri A. bought 25,000 shares of SLM for $796,752 on Feb 21 ’25. On Feb 19 ’25, another insider, VIEIRA DONNA F, who serves as the EVP & Chief Commercial Officer of the company, sold 13,717 shares for $32.52 each. As a result, the insider received 446,037 and left with 136,579 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 6401068032 and an Enterprise Value of 8338908672. As of this moment, SLM’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.47, and their Forward P/E ratio for the next fiscal year is 8.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.11 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 5.789.

Stock Price History:

The Beta on a monthly basis for SLM is 1.07, which has changed by 0.4389782 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, SLM has reached a high of $32.65, while it has fallen to a 52-week low of $19.39. The 50-Day Moving Average of the stock is 3.62%, while the 200-Day Moving Average is calculated to be 23.67%.

Shares Statistics:

According to the various share statistics, SLM traded on average about 3.08M shares per day over the past 3-months and 5153650 shares per day over the past 10 days. A total of 210.38M shares are outstanding, with a floating share count of 207.38M. Insiders hold about 1.45% of the company’s shares, while institutions hold 102.72% stake in the company. Shares short for SLM as of 1740700800 were 11144208 with a Short Ratio of 3.62, compared to 1738281600 on 8871088. Therefore, it implies a Short% of Shares Outstanding of 11144208 and a Short% of Float of 6.36.

Dividends & Splits

The forward annual dividend rate for SLM is 0.48, which was 0.46 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.015488216The stock’s 5-year Average Dividend Yield is 1.83. The current Payout Ratio is 17.15% for SLM, which recently paid a dividend on 2025-03-05 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.

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