With 210.74M Outstanding Shares, Can SLM Corp (NASDAQ: SLM) Deliver Big Short-Term Gains?

SLM Corp (NASDAQ:SLM) currently has a daily average trading volume of 2.87M but it saw 1729861 shares traded in last market. With a market cap of 7.03B USD, the company’s current market price of $33.51 came falling about -2.47 while comparing to the previous closing price of $34.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $34.54 and as low as $19.39. In the recent trading on the day, stock has struck highest price mark of $33.35 while lowest mark touched by it was $34.33.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Keefe Bruyette which downgraded the stock as “Mkt Perform” in its note to investors issued on December 09, 2024, recommending a price target of between $27 and $30 for it. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $14 and $23.

Over the week, SLM’s stock price is moving -0.27% down while it is 18.79% when we observe its performance for the past one month. Year-to-date it is 21.50% up and over the past year, the stock is showing an upside performance of 62.28%.

The company is expected to be releasing its next quarterly report on 2025-Apr-23, for which analysts forecasted an EPS of 0.53 while estimate for next year EPS is 3.12. In next quarter, company is expected to be making quarterly sales of $386.66M as analysts are expecting the sales for current fiscal year at $1.53B and seeing the company making $1.67B in sales next year. Moreover, analysts are in estimates of $370.26M for current-quarter revenue.

Currently, SLM Corp’s total number of outstanding shares is 210.74M with 0.93% of that held by the insiders while 103.81% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.08% and return on equity (ROE) at 27.60%. It has a price to earnings ratio (P/E ratio) of 12.07 while having a 9.67 of forward P/E ratio. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 3.28 while price to sale or P/S ratio amounts to 2.31. Its return on asset (ROA) is 2.18% on average.

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