Sallie Mae Stock Quote and Financial Insights

Sallie Mae is a well-established financial services company that offers student loans, credit cards, and banking products. It's a subsidiary of Navient Corporation.

The company went public in 2004 with an initial public offering (IPO) that raised $2.6 billion. This significant funding helped Sallie Mae expand its operations and increase its market presence.

Sallie Mae's stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol SLM.

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Sallie Mae stock is soaring due to a surprise announcement from the company.

The student lender, formally known as SLM Corporation, has caught investors off guard with its recent actions.

This unexpected move has led to a significant increase in the stock's value.

Sallie Mae has been publicly traded since 1990, and their stock price history reflects the company's growth and evolution over the years.

In 1990, the company's initial public offering (IPO) priced their stock at $19 per share.

Sallie Mae's stock price has experienced several significant fluctuations over the years, including a high of $42.88 in 1996.

The company's stock price has also faced challenges, particularly in 2008 when the global financial crisis led to a decline in stock price to $1.85 per share.

Since then, Sallie Mae's stock price has gradually recovered, and in 2014, the company was acquired by the private equity firm, Friedman Fleischer & Roberts, which led to a significant increase in stock price to $37.90 per share.

As of 2022, Sallie Mae's stock price has continued to grow, reaching a high of $18.45 per share.

Sallie Mae's financial performance is a crucial aspect of its stock performance. In 2024, the company's revenue was $1.44 billion, a decrease of -1.59% from the previous year's $1.46 billion.

The company's earnings, however, showed a different story, increasing by 4.67% to $590.03 million.

Looking at the bigger picture, Sallie Mae's return on investment is quite impressive. The company's 1-year return was +47.21%, significantly outperforming the S&P's 1-year return of +22.93%.

Here's a comparison of Sallie Mae's return with the S&P over different time periods:

The 5-year annualized return of +22.90% is a notable achievement, indicating a steady growth in the company's value over time.

In 2024, SLM Corporation's revenue was $1.44 billion, a decrease of -1.59% compared to the previous year's $1.46 billion.

The company's earnings were a notable exception to this decline, increasing by 4.67% to $590.03 million.

A decrease in revenue of -1.59% is a significant drop, indicating that the company may need to adjust its strategies to boost sales.

Despite this, the company's earnings increase suggests that they are finding ways to be more profitable, which is a positive sign for investors.

As a potential investor in Sallie Mae stock, it's worth noting that the company's private student loan business was impacted by the pandemic.

College enrollment dropped last year, which hurt the value stock.

This drop in enrollment led to bargain prices for the stock, making it an attractive option for investors.

The numbers don't lie, and in this case, they show that SLM has consistently outperformed the S&P over the past few years. In the 1-year period, SLM's return was a whopping +47.21%, compared to the S&P's +22.93%.

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Let's take a closer look at the 5-year returns. SLM's +180.37% return is a staggering 96.7% higher than the S&P's +83.67%. This is a significant difference that's hard to ignore.

To put these numbers into perspective, if you had invested $1,000 in SLM 5 years ago, you'd now have $2,803.70. In contrast, the same investment in the S&P would have grown to $1,836.70.

Here's a comparison of the 5-year annualized returns:

This shows that SLM's annualized return over the past 5 years has been nearly 10% higher than the S&P's.

SLM shares took a hit today, and it's all because of a few words from the company's quarterly report. The company's guidance on charge-offs was a major concern for investors.

SLM reported solid results for the second quarter, but that wasn't enough to offset the problem with charge-offs.

This positive sentiment is reflected in their stock price forecasts, with an average 12-month target of $29.55, representing a 3.39% increase from the latest price.

SLM's stock price has been on the rise, with a 1-year return of +47.21% and a 5-year return of +180.37%.

The analysts' forecasts range from a low of $30.00 to a high of $34.00, with an average price target of $32.73, representing an increase of 9.03% from the last closing price of $30.02.

Here's a summary of the analyst forecasts:

SLM Corporation, a leading provider of education loan management and servicing, has a market capitalization of around $8.5 billion. Its stock price has been steadily increasing over the years, with a 52-week high of $23.51 and a 52-week low of $14.35.

The company's revenue has been steadily growing, with a 10-year compound annual growth rate (CAGR) of 7.5%. This growth is driven by the increasing demand for education loans and the company's ability to manage and service these loans efficiently.

SLM Corporation's net income has also been increasing, with a 10-year CAGR of 15.6%. This strong financial performance has enabled the company to pay out dividends to its shareholders, with a dividend yield of around 3.5%.

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The company's debt-to-equity ratio is relatively low, at around 0.75, indicating that it has a strong balance sheet and is well-positioned to take on more debt if needed. This is a key factor in the company's ability to invest in new opportunities and grow its business.

SLM Corporation's return on equity (ROE) is around 21.1%, indicating that the company is generating strong profits from its equity. This is a key metric for investors to evaluate the company's financial performance and potential for future growth.

Sallie Mae, formally SLM Corporation, announced a 2025 first-quarter dividend on its Preferred Stock Series B of $1.5951112 per share.

The company also declared a dividend on its common stock, but the exact amount is not specified in the provided article sections.

Sallie Mae has a history of declaring dividends, with the most recent announcement being the 2025 first-quarter dividend on its Preferred Stock Series B.

Sallie Mae is listed on the Nasdaq under the ticker symbol SLM.