SLM Corp (NASDAQ: SLM) is 4.82% higher on its value in year-to-date trading and has touched a low of $19.39 and a high of $32.65 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 $28.82 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $28.91, the stock is 7.30% and 1.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing 0.31% at the moment leaves the stock 13.44% off its SMA200. SLM registered 32.01% gain for a year compared to 6-month gain of 32.01%. The firm has a 50-day simple moving average (SMA 50) of $28.6192 and a 200-day simple moving average (SMA200) of $25.48375.
The stock witnessed a -1.57% loss in the last 1 month and extending the period to 3 months gives it a 0.73%, and is 6.48% 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 3.78% over the week and 5.31% over the month.
SLM Corp (SLM) has around 1710 employees, a market worth around $6.09B and $3.05B in sales. Current P/E ratio is 10.41 and Fwd P/E is 8.32. Profit margin for the company is 19.87%. Distance from 52-week low is 49.10% and -11.44% from its 52-week high. The company has generated returns on investments over the last 12 months (7.08%).
The EPS is expected to grow by 15.87% this year
481.0 institutions hold shares in SLM Corp (SLM), with institutional investors hold 99.31% of the company’s shares. The shares outstanding are 210.74M, and float is at 207.69M with Short Float at 2.85%. Institutions hold 98.26% of the Float.
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 14.4442 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 8.9974 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 19.19 million shares representing 8.7665 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
The most recent transaction is an insider sale by Palmer Kerri A., the company’s EVP, Chief Operational Officer. SEC filings show that Palmer Kerri A. sold 25,000 shares of the company’s common stock on Feb 21 ’25 at a price of $31.90 per share for a total of $0.8 million. Following the sale, the insider now owns 0.13 million shares.
Still, SEC filings show that on Feb 19 ’25, VIEIRA DONNA F (EVP & Chief Commercial Officer) disposed off 13,717 shares at an average price of $32.52 for $0.45 million. The insider now directly holds 136,579 shares of SLM Corp (SLM).
