SLM Corporation

SLM

US78442P1066

Consumer Lending

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
21.9 ^USD	-0.14%		+3.84%	+14.54%

Apr. 25	Wedbush Raises Price Target on SLM to $28 From $26, Keeps Outperform Rating	MT
Apr. 25	RBC Lifts Price Target on SLM to $25 From $24, Keeps Outperform Rating	MT

SLM Corporation announces an Equity Buyback for $650 million worth of its shares.

January 24, 2024 at 04:32 pm EST

SLM Corporation (NasdaqGS:SLM) announces a share repurchase program. Under the program, the company will repurchase up to $650 million worth of its common stock. The program is valid till February 6, 2026.

Latest news about SLM Corporation

Wedbush Raises Price Target on SLM to $28 From $26, Keeps Outperform Rating	Apr. 25	MT
RBC Lifts Price Target on SLM to $25 From $24, Keeps Outperform Rating	Apr. 25	MT
Sallie Mae Q1 Earnings, Revenue Rise	Apr. 25	MT
Transcript : SLM Corporation, Q1 2024 Earnings Call, Apr 24, 2024	Apr. 24
SLM Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 24	CI
Sallie Mae Announces 2024 Second-Quarter Dividend, Payable on June 17, 2024	Apr. 22	CI
Wells Fargo Raises SLM's Price Target to $24 From $22, Maintains Overweight Rating	Apr. 18	MT
RBC Adjusts Price Target on SLM to $24 From $22, Keeps Outperform Rating	Apr. 10	MT
JPMorgan Raises SLM's Price Target to $22 From $20, Maintains Neutral Rating	Apr. 03	MT
SLM Corporation Announces Retirement of Jonathan R. Boyles as Senior Vice President and Controller and the Principal Accounting Officer, Effective on July 1, 2024	Mar. 28	CI
SLM Corporation Announces Directorate Changes	Mar. 14	CI
Transcript : SLM Corporation Presents at 2024 RBC Capital Markets Financial Institutions Conference, Mar-06-2024 03:20 PM	Mar. 06
Slm Insider Sold Shares Worth $1,949,023, According to a Recent SEC Filing	Mar. 04	MT
EMX Royalty Provides Preliminary Revenue Figures For Q4 2023, FY 2023	Feb. 29	MT
Transcript : SLM Corporation Presents at UBS Financial Services Conference 2024, Feb-27-2024 01:00 PM	Feb. 27
Morgan Stanley Lifts Price Target on SLM to $23 From $21, Keeps Overweight Rating	Feb. 08	MT
Solis Minerals Completes Drilling at Brazilian Projects	Jan. 25	MT
RBC Raises Price Target on SLM to $22 From $21, Calls Q4 Results 'Solid,' Keeps Outperform Rating	Jan. 25	MT
SLM Corporation's Equity Buyback announced on January 26, 2022, has expired.	Jan. 24	CI
SLM Swings to Q4 Non-GAAP Earnings, Revenue Rises; 2024 Outlook Set	Jan. 24	MT
Transcript : SLM Corporation, Q4 2023 Earnings Call, Jan 24, 2024	Jan. 24
SLM's New $650 Million Share Buyback Program to Expire on Feb. 6, 2026	Jan. 24	MT
SLM Cuts Total Shares Outstanding in Half Through Repurchase of 209 Million Shares Over Four-Year Period Ending Dec. 31	Jan. 24	MT
SLM Board Approves New $650 Million Repurchase Program	Jan. 24	MT
SLM Keeps Quarterly Dividend at $0.11 a Share, Payable March 15 to Holders as of March 4	Jan. 24	MT

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Company Profile

SLM Corporation is a holding company, which operates through various subsidiaries and is a financial brand for higher education. The Companyâs primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It also offers a range of deposit products insured by the Federal Deposit Insurance Corporation. Its primary private education loan product is the Smart Option Student Loan, which emphasizes in-school payment features that can produce shorter terms and reduce customersâ total finance charges. Smart Option Student Loan generally runs for six months after the borrower separates from school but can run for up to 36 months for a small subset of graduate loans. It also offers six loan products for specific graduate programs of study. These include the Sallie Mae Law School Loan, the Sallie Mae MBA Loan, the Sallie Mae Graduate School Loan for Health Professions, the Sallie Mae Medical School Loan, and others.

Sector

Consumer Lending

Calendar

2024-06-18 - Annual General Meeting

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Ratings for SLM Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

21.9 USD

Average target price

24.91 USD

Spread / Average Target

+13.74%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

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Personal & Car Loans

SLM Corporation

Equities

SLM

US78442P1066

Consumer Lending

SLM Corporation announces an Equity Buyback for $650 million worth of its shares.

EPS Revisions