SLMの空売り状況は、投資家がSLMの株価下落に賭けている度合いを知ることができます。空売りデータは2週間ごとに更新されます。

SLM (NASDAQ:SLM) 株価情報, 空売り情報

SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.

SLM Corp

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SLM Corporation - Floating Rate Non-Cumulative Preferred Stock, Series B

SALMONES CAMANCHACA by SALMONES CAMANCHACA SA

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APEX RESOURCES INC ORD by Apex Resources Inc.

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LYONDELLBASELL ADVCD PFD by LYONDELLBASELL ADVANCED POLYMERS INC.

Lyondellbasell Advanced Polymers Inc

Slam Corp Units (1 Ord Share Class A & 1/4 War)

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SLAM EXPLORATION LTD by Slam Exploration Ltd.

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SLM's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NYSE">SLM</a>) short percent of float has risen 9.8% since its last report. The company recently reported that it has 6.95 million shares sold short, which is 3.92% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.73 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SLM Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732291217_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SLM has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing SLM's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SLM's peer group average for short interest as a percentage of float is 7.43%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

(SLM) - Analyzing SLM's Short Interest

WIIM

ALLY

ARES

BANC

CADE

COLB

FITB

FULT

HBAN

NTRS

SCHW

TROW

ZION

Shares of banking and private equity stocks are trading higher after Donald Trump won the US presidential election.

SLM's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NYSE">SLM</a>) short percent of float has fallen 12.29% since its last report. The company recently reported that it has 6.33 million shares sold short, which is 3.57% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.33 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SLM Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730385914_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SLM has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing SLM's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SLM's peer group average for short interest as a percentage of float is 6.77%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into SLM's Recent Short Interest

RBC Capital analyst Jon Arfstrom reiterates SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Outperform and maintains $26 price target.

News

Price Target

Reiteration

Analyst Ratings

RBC Capital Reiterates Outperform on SLM, Maintains $26 Price Target

Wedbush analyst David Chiaverini reiterates SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Outperform and maintains $26 price target.

Wedbush Reiterates Outperform on SLM, Maintains $26 Price Target

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) in the last three months.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $26.0, along with a high estimate of $27.00 and a low estimate of $24.00. This current average has not changed from the previous average price target. 
<img src="https://www.benzinga.com/files/images/story/2024/1729774862_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of SLM by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Mark Devries</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$26.00</td>
<td>$27.00</td>
</tr>
<tr>
<td>Mark Devries</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$27.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$24.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Nathaniel Richam-Odoi</td>
<td>B of A Securities</td>
<td>Announces</td>
<td>Buy</td>
<td>$27.00</td>
<td>-</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$26.00</td>
<td>$29.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to SLM. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of SLM compared to the broader market.</li>
<li>Price Targets: Gaining insights, analysts provide estimates for the future value of SLM's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of SLM's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SLM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on SLM analyst ratings.</a>
<h2>Get to Know SLM Better</h2>
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
<h3>Understanding the Numbers: SLM's Finances</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Challenges: SLM's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -3.15%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.
Net Margin: SLM's net margin excels beyond industry benchmarks, reaching 48.13%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): SLM's ROE excels beyond industry benchmarks, reaching 12.7%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): SLM's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.87% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.66, caution is advised due to increased financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Where SLM Stands With Analysts

Barclays analyst Mark Devries maintains SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Overweight and lowers the price target from $27 to $26.

Barclays Maintains Overweight on SLM, Lowers Price Target to $26

Sallie Mae further announced a 2024&nbsp;fourth-quarter&nbsp;dividend on its Preferred Stock Series B of&nbsp;$1.7448719&nbsp;per share.
Both common stock and preferred stock dividends will be paid on Dec. 16, 2024, to the respective stockholders of record at the close of business on Dec. 5, 2024.

Dividends

Sallie Mae Boosts Q4 Dividend On Its Common Stock From $0.11 To $0.13 Per Share

SLM (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/slm#NASDAQ">SLM</a>) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $0.06 by 483.33 percent. The company reported quarterly sales of $359.403 million which missed the analyst consensus estimate of $379.674 million by 5.34 percent. This is a 6.56 percent decrease over sales of $384.628 million the same period last year.

Earnings

Earnings Misses

SLM Q3 2024 Adj. EPS $(0.23) Misses $0.06 Estimate, Sales $359.403M Miss $379.674M Estimate

SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.
Analysts estimate that SLM will report an earnings per share (EPS) of $0.06. 
SLM bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Earnings History Snapshot</h3>
During the last quarter, the company reported an EPS beat by $0.27, leading to a 2.71% drop in the share price on the subsequent day.
Here's a look at SLM's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.84</td>
<td>1.07</td>
<td>0.89</td>
<td>0.31</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>1.11</td>
<td>1.27</td>
<td>0.72</td>
<td>0.11</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-3.0%</td>
<td>-1.0%</td>
<td>3.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1729620160_0.png" alt="eps graph" />
<h3>Tracking SLM's Stock Performance</h3>
Shares of SLM were trading at $22.95 as of October 21. Over the last 52-week period, shares are up 76.64%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. 
<h3>Insights Shared by Analysts on SLM</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding SLM.
With 10 analyst ratings, SLM has a consensus rating of Outperform. The average one-year price target is $26.8, indicating a potential 16.78% upside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
The below comparison of the analyst ratings and average 1-year price targets of and Enova International, three prominent players in the industry, gives insights for their relative performance expectations and market positioning.
<ul>
<li>The consensus outlook from analysts is an Outperform trajectory for Enova International, with an average 1-year price target of $90.5, indicating a potential 294.34% upside.</li>
</ul>
<h3>Key Findings: Peer Analysis Summary</h3>
The peer analysis summary outlines pivotal metrics for and Enova International, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Credit Acceptance</td>
<td>Sell</td>
<td>12.42%</td>
<td>$330.70M</td>
<td>-2.94%</td>
</tr>
<tr>
<td>Enova International</td>
<td>Outperform</td>
<td>25.83%</td>
<td>$299.24M</td>
<td>4.69%</td>
</tr>
</tbody>
</table>

Key Takeaway:
SLM ranks higher in Revenue Growth compared to its peers. However, it lags behind in Gross Profit and Return on Equity. Overall, SLM is positioned in the middle among its peers based on the provided metrics.
<h3>Unveiling the Story Behind SLM</h3>
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
<h3>Financial Milestones: SLM's Journey</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: SLM's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -3.15%. This indicates a decrease in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: SLM's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 48.13% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): SLM's ROE excels beyond industry benchmarks, reaching 12.7%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 0.87%, the company showcases effective utilization of assets.
Debt Management: SLM's debt-to-equity ratio is notably higher than the industry average. With a ratio of 2.66, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<a href="https://www.benzinga.com/quote/SLM/earnings">To track all earnings releases for SLM visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview: SLM

<a href="https://www.cnbc.com/2024/10/21/biden-student-loan-payment-pause-save-plan.html">https://www.cnbc.com/2024/10/21/biden-student-loan-payment-pause-save-plan.html</a>
Federal student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.&nbsp;
The development on Monday comes as the administration has been dragged into a slew of legal battles waged by Republicans over its recent student loan relief efforts.&nbsp;
&nbsp;
The borrowers who are excused from their monthly payments are those enrolled in the Biden administration's new SAVE plan.&nbsp;&nbsp;

Macro Economic Events

Politics

Economics

General

SOFI

'Biden Extends Student Loan Payment Pause By 6 Months For 8 Million Save Plan Borrowers' - CNBC

Barclays analyst Mark Devries maintains SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Overweight and raises the price target from $23 to $27.

Barclays Maintains Overweight on SLM, Raises Price Target to $27

SLM's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NYSE">SLM</a>) short percent of float has risen 8.79% since its last report. The company recently reported that it has 7.67 million shares sold short, which is 4.21% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.94 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>SLM Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728394225_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for SLM has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing SLM's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, SLM's peer group average for short interest as a percentage of float is 6.58%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

How Is The Market Feeling About SLM?

JP Morgan analyst Richard Shane maintains SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Neutral and lowers the price target from $25 to $24.

JP Morgan Maintains Neutral on SLM, Lowers Price Target to $24

<a href="https://www.cnbc.com/2024/10/03/student-loan-forgiveness-plan-goes-ahead-biden.html" title="https://www.cnbc.com/2024/10/03/student-loan-forgiveness-plan-goes-ahead-biden.html">https://www.cnbc.com/2024/10/03/student-loan-forgiveness-plan-goes-ahead-biden.html</a>

'Biden Administration Can Move Forward With Student Loan Forgiveness, For Now' - CNBC

Sallie Mae Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) stock is trading higher on Wednesday. Bank of America Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) initiated coverage of the student loan provider with a Buy rating and set a <a href="https://www.benzinga.com/insights/analyst-ratings/24/09/41012042/demystifying-slm-insights-from-7-analyst-reviews">price target of $27</a>.
The Details: Sallie Mae currently holds a 58% market share in private student loans, however, the bank indicates there&#8217;s room for growth, describing the lender as &#8220;poised for market share gains.&#8221;
Bank of America points to growth in college enrollment, increase in the price of college and competitors leaving the student loan market to support its market share growth belief. Specifically, the bank stated that college enrollment is estimated to grow by about 4% by 2027 and the cost of college has increased at a 3% compound annual growth rate since 1993-94.
The bank pointed to the past as evidence of Sallie Mae&#8217;s ability to take advantage of competitors exit from the market. For instance, the lender increased its market share by 60pbs during the 2021-22 school year following Wells Fargo&#8217;s exit.
Also, the bank highlighted the lender&#8217;s focus on high credit-quality consumers. It stated that less than 8% of borrowers at the time of originations had a credit score lower than 670. Next, the note recognized the lender&#8217;s efficient business model.
&#8220;Sallie Mae began a strategy in 2020 in which it seeks to minimize balance sheet growth and accelerate share repurchases by selling student loans at high execution levels due to its strong credit profile. Through the &#8220;loan sale arbitrage&#8221; strategy, SLM has driven attractive returns, while not needing to expand capital levels to sustain its industry leading origination volumes,&#8221; said the bank.
Bank of America also recognized some risks to its thesis including, scrutiny by oversight organizations like the Consumer Financial Protection Bureau and a growing number of students choosing to consolidate or refinance with firms that offer interest rates lower than Sallie Mae&#8217;s.
Related Link: <a href="https://www.benzinga.com/news/24/09/40971831/putin-ally-who-unveiled-tesla-cybertruck-with-machine-gun-last-month-now-says-elon-musk-remotely-dis?itm_source=parsely-api">Putin Ally Who Unveiled Tesla Cybertruck With Machine Gun Last Month Now Says Elon Musk &#8216;Remotely Disabled&#8217; The Militarized EV</a>
SLM Price Action: At the time of writing, Sallie Mae shares are trading 1.90% higher at $21.94, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

Movers

What's Going On With Sallie Mae Stock Wednesday?

B of A Securities analyst Nathaniel Richam-Odoi initiates coverage on SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Buy rating and announces Price Target of $27.

Initiation

B of A Securities Initiates Coverage On SLM with Buy Rating, Announces Price Target of $27

In the latest quarter, 7 analysts provided ratings for SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>), showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $27.14, a high estimate of $29.00, and a low estimate of $25.00. Marking an increase of 7.96%, the current average surpasses the previous average price target of $25.14. 
<img src="https://www.benzinga.com/files/images/story/2024/1727200842_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
The standing of SLM among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$26.00</td>
<td>$29.00</td>
</tr>
<tr>
<td>Michael Kaye</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$27.00</td>
<td>$24.00</td>
</tr>
<tr>
<td>Jon Arfstrom</td>
<td>RBC Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Mark Devries</td>
<td>Deutsche Bank</td>
<td>Raises</td>
<td>Buy</td>
<td>$29.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>Richard Shane</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$25.00</td>
<td>$23.00</td>
</tr>
<tr>
<td>Sanjay Sakhrani</td>
<td>Keefe, Bruyette &amp; Woods</td>
<td>Raises</td>
<td>Outperform</td>
<td>$27.00</td>
<td>$25.00</td>
</tr>
<tr>
<td>David Chiaverini</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$29.00</td>
<td>$25.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to SLM. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of SLM compared to the broader market.</li>
<li>Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of SLM's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of SLM's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/SLM/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on SLM analyst ratings.</a>
<h2>All You Need to Know About SLM</h2>
SLM Corp is the largest student lender in the country. It makes and holds student loans through the guaranteed Federal Family Education Loan Program as well as through private channels. It also engages in debt-management operations, including accounts receivable and collections services, and runs college savings programs.
<h3>Breaking Down SLM's Financial Performance</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Challenges: SLM's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -3.15%. This indicates a decrease in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: SLM's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 48.13%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): SLM's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 12.7%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): SLM's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.87% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.66, caution is advised due to increased financial risk.
<h2>The Significance of Analyst Ratings Explained</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Demystifying SLM: Insights From 7 Analyst Reviews

Wedbush analyst David Chiaverini maintains SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) with a Outperform and lowers the price target from $29 to $26.

Wedbush Maintains Outperform on SLM, Lowers Price Target to $26

Millions of Americans are poised to take hits to <a href="https://www.benzinga.com/top-stories/24/08/40611128/us-supreme-court-declines-to-revive-biden-administrations-student-debt-relief-plan">their credit ratings</a> as the Biden administration&#8217;s one-year moratorium on reporting late student loan payments to credit agencies will come to an end in just a few weeks.
About 9.7 million, or 29%, of student loan borrowers in the U.S. were late on payments, according a <a href="http://chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.gao.gov/assets/880/870313.pdf">report </a>released in late July by the Government Accountability Office. About 60% of those borrowers were at least three months behind in payments.
 In March 2020, a forbearance on student loans put in place by former President Donald Trump allowed borrowers to stop making loan payments without incurring interest costs and getting reported to the credit agencies.
Read Also: <a href="https://www.benzinga.com/top-stories/24/08/40611128/us-supreme-court-declines-to-revive-biden-administrations-student-debt-relief-plan">US Judge Temporarily Blocks Biden&#8217;s Latest Student Loan Relief Plan: Why It Matters</a>
That forbearance ended on Sept. 30, 2023, so President Joe Biden implemented a 12-month &#8220;on-ramp&#8221; period during which student loan servicers could not report loan delinquencies to credit agencies.
That provision will end on Sept. 30, leaving millions of borrowers who are still late on their loans open to damaging hits to their credit scores, which banks use to approve loans, landlords use to approve rental agreements and so on. 
Transfers from Education to the Treasury indicate a steady fall in student loan repayments over the past year. Last summer, monthly transfers were about $7 billion, but that figure fell last month the figure to $4.1 billion.
The Biden administration has forgiven some $168.5 billion in student debt through various programs, but the courts have blocked its attempts to pass a Save on a Valuable Education (SAVE) student loan relief program.
Most recently, U.S. District Judge J. Randal Hall temporarily blocked the Biden administration&#8217;s latest student debt relief plan on Sept. 5 in a lawsuit brought by Seven Republican-led states.
Price Action:&nbsp;Student loan servicers fell and rose into Monday's mid-afternoon trading.
<ul>
<li>SoFi Technologies, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>) gained 1.50% to $7.11</li>
<li>Navient Corporation&nbsp;(NASDSQ: NAVI) declined 1.70% to $15.57</li>
<li>SLM Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) rose 0.62% to $20.26</li>
</ul>
Meanwhile, exchange-traded funds that hold SoFi shares registered gains.
<ul>
<li>Trenchless Fund ETF&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RVER#NASDAQ">RVER</a>) rose 1.32%</li>
<li>ARK Fintech Innovation ETF&nbsp;&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>) went up 2.47%</li>
<li>VanEck Social Sentiment ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUZZ#NYSE">BUZZ</a>) gained 1.95%</li>
<li>Global X FinTech ETF&nbsp;&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FINX#NASDAQ">FINX</a>) went up 1.92%</li>
<li>Gabelli Financial Services Opportunities ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GABF#NYSE">GABF</a>) rose 1.95% </li>
</ul>
Now Read: <a href="https://www.benzinga.com/trading-ideas/technicals/24/09/40779935/stock-of-the-day-amazon-delivers-a-trading-lesson-on-reversal-patterns">Stock Of The Day — Amazon Delivers A Trading Lesson On Reversal Patterns</a>
Image: Shutterstock

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Student Loan Protection Soon Ends, 9.7M Borrowers Should Be Worried About Their Credit Ratings

Michael Kaye, an analyst from Wells Fargo, maintained the Buy rating on SLM (SLM – Research Report). The associated price target remains the same w...

Buy Rating on SLM: Strategic Market Gains and Positive Credit Outlook

In a report released yesterday, Jon Arfstrom from RBC Capital maintained a Buy rating on SLM (SLM – Research Report), with a price target of $26.00...

SLM (SLM) Receives a Buy from RBC Capital

In a report released today, Moshe Orenbuch from TD Cowen maintained a Buy rating on SLM (SLM – Research Report), with a price target of $28.00. Mos...

Positive Outlook on SLM's Loan Management Justifies Buy Rating

Wells Fargo analyst Michael Kaye has maintained their bullish stance on SLM stock, giving a Buy rating today. Michael Kaye has given his Buy rating...

Positive Outlook for SLM Amid Stabilized Credit Trends and Market Opportunities

In a report released today, Terry Ma from Barclays maintained a Buy rating on SLM (SLM – Research Report), with a price target of $26.00. The compa...

Barclays Sticks to Their Buy Rating for SLM (SLM)

SLM ( ($SLM) ) has provided an update. SLM Corporation's latest investor presentation reveals a $50 million net loss for Q3 2024, with net interest...

SLM Faces Q3 2024 Loss Amid Growth Potential

High quality 'SMID-cap' stocks with cyclical exposure – MS

Trump picks former WWE CEO Linda McMahon as education secretary

Wells Fargo analyst Michael Kaye maintained a Buy rating on SLM (SLM – Research Report) today and set a price target of $27.00. Michael Kaye has gi...

SLM's Strong Market Position and Growth Potential Amidst Student Loan Reforms

TD Cowen analyst Moshe Orenbuch maintained a Buy rating on SLM (SLM – Research Report) today and set a price target of $28.00. The company's shares...

SLM (SLM) Receives a Rating Update from a Top Analyst

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Press Releases

Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

Sallie Mae Reports Second-Quarter 2024 Financial Results

Just Released 'How America Pays for College 2024' Report Finds College Spending Stable with Family Out-of-Pocket Contributions Covering the Largest Share of Cost

Sallie Mae CFO to Speak at Barclays Global Financial Services Conference

Sallie Mae Contributes $200,000 to Support College Access at Historically Black Colleges and Universities

Sallie Mae to Release Third-Quarter 2024 Financial Results

Sallie Mae Reports Third-Quarter 2024 Financial Results and Increases Dividend on Common Stock for Fourth-Quarter 2024

Sallie Mae Awards $400,000 in Scholarships to Support Access to Higher Education

Sallie Mae Commemorates Veterans Day With $50,000 Grant to Folds Of Honor

Sallie Mae Provides Tips and Tools to Help Students and Families Access Scholarships This National Scholarship Month

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