SLM Corp (NASDAQ: SLM) is 17.95% higher on its value in year-to-date trading and has touched a low of $19.39 and a high of $32.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SLM stock was last observed hovering at around $32.54 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $32.53, the stock is 10.06% and 14.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.26 million and changing -0.03% at the moment leaves the stock 37.68% off its SMA200. SLM registered 60.56% gain for a year compared to 6-month gain of 54.46%.
The stock witnessed a 16.26% loss in the last 1 month and extending the period to 3 months gives it a 35.43%, and is 11.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.15% over the week and 2.91% over the month.
SLM Corp (SLM) has around 1740 employees, a market worth around $6.91B and $3.02B in sales. Current P/E ratio is 12.25 and Fwd P/E is 9.60. Profit margin for the company is 19.53%. Distance from 52-week low is 67.77% and -0.21% from its 52-week high. The company has generated returns on investments over the last 12 months (6.86%).
with sales reaching $359.83M over the same period.The EPS is expected to grow by 14.35% this year, but quarterly earnings will post 2.11% year-over-year. Quarterly sales are estimated to shrink -7.02% in year-over-year returns.
The shares outstanding are 210.40M, and float is at 209.45M with Short Float at 4.24%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.62 million shares valued at $657.42 million. The investor’s holdings represent 14.3465 of the SLM Shares outstanding. As of 2024-06-30, the second largest holder is IMPACTIVE CAPITAL LP with 19.7 million shares valued at $409.51 million to account for 8.9365 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 19.19 million shares representing 8.7072 and valued at over $399.0 million, while FIRST TRUST ADVISORS LP holds 6.1181 of the shares totaling 13.49 million with a market value of $280.36 million.
SLM Corp (SLM) Insider Activity
SLM Corp disclosed in a document filed with the SEC on Feb 12 ’25 that Strong Robert S. (Director) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Feb 12 ’25 and was made at $29.48 per share for $0.15 million. Following the transaction, the insider now directly holds 38163.0 shares of the SLM stock.
Still, SEC filings show that on Feb 11 ’25, Manvitz Ted (Director) acquired 10,000 shares at an average price of $28.90 for $0.29 million. The insider now directly holds 56,464 shares of SLM Corp (SLM).
