SLM Corporation which can be found using ticker (SLM) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 20 and 14 calculating the average target price we see $17.75. Given that the stocks previous close was at $11.46 this would imply there is now a potential upside of 54.9%. Also worth taking note is the 50 day moving average now sits at $14.55 and the 200 day moving average is $15.65. The total market capitalization for the company now stands at $2,781m. You can visit the company’s website by visiting: https://www.salliemae.com
The potential market cap would be $4,307m based on the market consensus.
SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and interest-bearing omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
The company has a dividend yield of 3.84% with the ex dividend date set at 2-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.55, revenue per share of 4.6 and a 1.62% return on assets.
