SLM Corporation – Consensus Indicates Potential 44.9% Upside

Broker Ratings
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SLM Corporation with ticker code (SLM) now have 12 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 20 and 14 with the average target price sitting at $17.75. Now with the previous closing price of $12.25 this now indicates there is a potential upside of 44.9%. Also worth taking note is the 50 day moving average now sits at $15.53 while the 200 day moving average is $16.03. The market capitalization for the company is $3,012m. Visit the company website at: https://www.salliemae.com

The potential market cap would be $4,365m 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 3.59% with the ex dividend date set at 2-3-2023 (DMY).

Other points of data to note are a P/E ratio of 7.76, revenue per share of 4.6 and a 1.62% return on assets.

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