SLM (NASDAQ:SLM) Issues FY 2026 Earnings Guidance

by · The Markets Daily

SLM (NASDAQ:SLMGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.700-2.800 for the period, compared to the consensus EPS estimate of 2.840. The company issued revenue guidance of -.

SLM Stock Performance

Shares of SLM opened at $27.62 on Friday. The company has a market capitalization of $5.61 billion, a PE ratio of 7.96, a price-to-earnings-growth ratio of 1.19 and a beta of 1.12. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.37 and a quick ratio of 1.37. SLM has a one year low of $23.81 and a one year high of $34.97. The company’s fifty day moving average price is $27.71 and its 200 day moving average price is $28.94.

SLM (NASDAQ:SLMGet Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The credit services provider reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.17. SLM had a return on equity of 35.11% and a net margin of 26.04%.The company had revenue of $656.82 million for the quarter, compared to the consensus estimate of $383.43 million. During the same period last year, the business posted $0.50 earnings per share. SLM has set its FY 2026 guidance at 2.700-2.800 EPS. As a group, analysts expect that SLM will post 3.07 earnings per share for the current year.

SLM Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Thursday, March 5th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Thursday, March 5th. SLM’s dividend payout ratio is currently 18.25%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on SLM shares. Wall Street Zen upgraded shares of SLM from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Keefe, Bruyette & Woods decreased their price target on shares of SLM from $31.00 to $29.00 and set a “market perform” rating on the stock in a research report on Wednesday, December 10th. Jefferies Financial Group cut their price objective on shares of SLM from $40.00 to $31.00 and set a “buy” rating for the company in a research report on Friday, October 17th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $25.00 target price (down previously from $29.00) on shares of SLM in a research note on Monday, January 12th. Finally, TD Cowen restated a “buy” rating on shares of SLM in a research note on Friday, December 5th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $31.70.

Check Out Our Latest Research Report on SLM

Key SLM News

Here are the key news stories impacting SLM this week:

Institutional Investors Weigh In On SLM

A number of institutional investors have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in shares of SLM during the 3rd quarter worth approximately $69,000. EverSource Wealth Advisors LLC lifted its holdings in shares of SLM by 118.2% during the second quarter. EverSource Wealth Advisors LLC now owns 3,995 shares of the credit services provider’s stock valued at $131,000 after acquiring an additional 2,164 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in shares of SLM during the first quarter valued at $263,000. NewEdge Advisors LLC boosted its stake in shares of SLM by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 21,350 shares of the credit services provider’s stock valued at $627,000 after purchasing an additional 1,319 shares in the last quarter. Finally, Captrust Financial Advisors grew its holdings in shares of SLM by 6.1% in the 2nd quarter. Captrust Financial Advisors now owns 36,889 shares of the credit services provider’s stock worth $1,210,000 after purchasing an additional 2,109 shares during the last quarter. 98.94% of the stock is owned by institutional investors and hedge funds.

SLM Company Profile

(Get Free Report)

SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.

Founded in 1972 as the Student Loan Marketing Association—a government-sponsored enterprise—Sallie Mae was privatized in 2004 and has since focused on expanding its private education loan offerings and digital banking solutions.

Featured Articles