Q1 Earnings Forecast for SLM Issued By Wedbush (NASDAQ:SLM)

SLM Co. (NASDAQ:SLM) – Analysts at Wedbush upped their Q1 2025 earnings estimates for shares of SLM in a note issued to investors on Monday, November 25th. Wedbush analyst D. Chiaverini now expects that the credit services provider will earn $1.19 per share for the quarter, up from their previous estimate of $1.09. Wedbush has a “Outperform” rating and a $26.00 price objective on the stock. The consensus estimate for SLM’s current full-year earnings is $2.73 per share.

SLM (NASDAQ:SLM) last posted its earnings results on Wednesday, October 23rd. The credit services provider reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.07 by ($0.30). SLM had a return on equity of 35.92% and a net margin of 22.18%. The firm had revenue of $652.64 million during the quarter, compared to the consensus estimate of $363.40 million. During the same quarter last year, the company posted $0.11 EPS.

Other analysts have also issued reports about the stock. Bank of America began coverage on shares of SLM in a research note on Wednesday, September 25th. They issued a “buy” rating and a $27.00 price target for the company. Barclays reduced their price target on shares of SLM from $27.00 to $26.00 and set an “overweight” rating for the company in a research note on Thursday, October 24th. JPMorgan Chase & Co. reduced their price target on shares of SLM from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Monday, October 7th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $26.00 price target on shares of SLM in a research note on Thursday, October 24th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $25.45.

SLM Price Performance

NASDAQ SLM opened at $27.20 on Wednesday. SLM has a 52 week low of $14.03 and a 52 week high of $28.22. The company has a current ratio of 1.29, a quick ratio of 1.27 and a debt-to-equity ratio of 3.21. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 1.18 and a beta of 1.16. The company has a 50-day moving average price of $23.14 and a two-hundred day moving average price of $21.89.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. True Wealth Design LLC purchased a new position in shares of SLM during the third quarter valued at $31,000. Waldron Private Wealth LLC purchased a new position in SLM during the 3rd quarter valued at about $31,000. Blue Trust Inc. increased its holdings in shares of SLM by 358.7% in the 3rd quarter. Blue Trust Inc. now owns 1,399 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 1,094 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of SLM in the third quarter worth approximately $35,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of SLM during the second quarter worth approximately $60,000. 98.94% of the stock is owned by hedge funds and other institutional investors.

SLM Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Investors of record on Thursday, December 5th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Thursday, December 5th. This represents a $0.52 dividend on an annualized basis and a yield of 1.91%. This is a boost from SLM’s previous quarterly dividend of $0.11. SLM’s dividend payout ratio (DPR) is currently 15.33%.

SLM Company Profile

SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It is also involved in the provision of retail deposit accounts, including certificates of deposit, money market accounts, and high-yield savings accounts; and interest-bearing omnibus accounts.