SLM Stock Recent News

Sallie Mae (SLM) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

The mean of analysts' price targets for Sallie Mae (SLM) points to a 36.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Secular growth trends in the private student lending industry will drive loan originations for Sallie Mae (SLM). Yet, high debt seems unmanageable relative to a smaller cash position.

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced its 2023 annual meeting of stockholders will take place on June 20, 2023 at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 21, 2023. Additional details will be included in the company's proxy statement to be filed with the Securities and Exchange Commission in late April.

SLM Corporation (NASDAQ:SLM ) Q4 2022 Earnings Conference Call February 2, 2023 8:00 AM ET Company Participants Melissa Bronaugh - VP, IR Jonathan Witter - CEO Steve McGarry - EVP & CFO Conference Call Participants Moshe Orenbuch - Credit Suisse Mark DeVries - Barclays Michael Kaye - Wells Fargo Securities Sanjay Sakhrani - KBW John Hecht - Jefferies Jeffrey Adelson - Morgan Stanley Arren Cyganovich - Citi Giuliano Bologna - Compass Point Operator Good day, and welcome to the 2022 Fourth Quarter Sallie Mae Earnings Call. At this time, all participants are in a listen-only mode.

Significant rise in provisions on the deteriorating economic outlook, non-interest loss and higher costs result in Sallie Mae (SLM) incurring a loss in Q4.

Sallie Mae (SLM) delivered earnings and revenue surprises of -171.74% and 6.51%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

NEWARK, Del.--( BUSINESS WIRE )--Sallie Mae® (Nasdaq: SLM) today announced Chief Financial Officer Steve McGarry will speak at the Credit Suisse Financial Services Forum on Tuesday, Feb. 14, at 8:35 a.m. ET.

NEWARK, Del.--( BUSINESS WIRE )--Sallie Mae® (Nasdaq: SLM) will release fourth-quarter and full-year 2022 financial results after market close on Wednesday, Feb. 1, 2023.

SLM Corporation sees hammered growth and margins as interest rate hikes intensify. Despite this, it has a stellar financial positioning with excellent liquidity.