Does SLM Corporation (SLM) Have A Risk Factor?

The stock of SLM Corporation (NASDAQ:SLM) increased by increased by $0.13 on Friday to finish at $18.50, up 0.71 percent. The last five days have seen an average of 2,245,760 shares of common stock traded. 48 times new highs were reached in the current year, with a gain of $6.11. The average number of shares traded over the last 20 days was 1,714,370, while the average volume over the last 50 days totaled 2,260,412.

SLM stock appreciated 3.47% since last month. On 10/13/21, the company’s shares reached a one-month low of $16.94. The stock touched a high of $21.40 on 07/01/21, after rallying from a low of $8.90 in 52 weeks. The price of SLM stock has risen by 49.31% or $6.11 this year, reaching a new high 48 times. Still, the stock price is down -13.55% from the 52-week high.


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Insider Transactions

There have been 83 days since SLM Corporation (SLM) last reported insider trading activity on Aug 03. On Aug 03, SVP -Legal, Govt, Comm Officer Jafarieh Nicolas sold 6,500 shares at $18.90 each. This transaction resulted in the insider making $122,850. On Feb 17, Franke Mary Carter Warren added 7,000 shares at a price of US$15.03. After the transaction, the insider now owns 7,000 shares. EVP Thome Paul F had earlier sold 32,903 shares on Oct 27 for $9.25 a share. The transaction was completed for $304,481.

Valuation Metrics

SLM Corporation (SLM) has a trailing price-to-earnings (P/E) ratio of 5.21. This level actually compares favorably with the industry at large, as the PE for the Credit Services industry stands at about 23.48. Further, its PE also compares favorably with the Financial sector’s trailing 12 months PE ratio, which comes in at 13.15 right now. The PE ratio of SLM Corporation has varied between 23.53 and 3.352 in the last five years. Beta for the stock is 1.36. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.00, the price-to-book (PB) ratio of 2.95.

SLM Corporation’s dividend is $0.12 per share per year. With a dividend yield of 0.65%, SLM has a payout ratio of 3.30%. Company paid $0.11 per share in dividends, an increase of 266.67% from $0.03 last year. A $0.08 dividend increase was reported on Wednesday October 20 2021, making it the 1 consecutive year the dividend has increased.

The company’s long-term debt to equity ratio for the quarter ending June 29 is 2.78, and the total debt to equity ratio is 2.78. SLM Corporation’s operating margin stood at 96.10% for the same period. Based on annual data, it had gross profit of $1.48 billion and revenue of $2.02 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. SLM’s return on assets (ROA) during the last 12 months has been 4.30%. There was a 14.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 59.60%. ROE has averaged 16.40 in the past year for the broader industry.

Earnings Surprise

According to SLM Corporation’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that SLM Corporation’s quarterly earnings would be $0.45, but it ended up being $0.37, beating the consensus by 21.60%. At the end of SLM Corporation’s most recent quarter ended June 29, its total debt was $5.19 billion. Equity owned by shareholders amounts to $293.18 million.

Technical Picture

Here’s a quick look at SLM Corporation’s (SLM) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 69.60%, suggesting the stock is Neutral, with a 21.22% historical volatility rate.

The stochastic %K and %D were 72.74% and 71.59% respectively, while the average true range (ATR) was 0.56. Based on the 14-day stochastic reading of 68.57%, the RSI (14) reading is 61.43%. On the 9-day MACD Oscillator, the stock is at 0.54, and the 14-day reading is at 0.59.

Analyst Ratings

In its most recent analyst report, RBC Capital Mkts raised its rating on SLM Corporation (NASDAQ: SLM) to an Outperform. Prior to this, analysts firm rated the stock as a Sector perform. Analysts have assigned SLM Corporation (SLM) an Buy rating. SLM is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 10 others recommend it as a buy.

What is SLM’s price target for the next 12 months?

The current consensus forecast for the stock is between $21.00 and $25.00, with a median target price of $24.00. In analyzing these forecasts, the average price target given by analysts for SLM Corporation (SLM) is $23.69.

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