SLM Corporation which can be found using ticker (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. Given that the stocks previous close was at $12.00 this is indicating there is a potential upside of 47.9%. The 50 day moving average now sits at $14.90 while the 200 day moving average is $15.78. The company has a market cap of $2,757m. Company Website: https://www.salliemae.com
The potential market cap would be $4,078m 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 3.67% with the ex dividend date set at 2-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.8, revenue per share of 4.6 and a 1.62% return on assets.
