SLM Corp (SLM) Files 10-K for the Fiscal Year Ended on December 31, 2017

GuruFocus.com
0
In this article:

- By insider

SLM Corp (SLM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. SLM Corp is a saving, planning and paying for college company providing private education loans to students or their families. It operates a consumer savings network that provides financial rewards on everyday purchases to help families save for college. SLM Corp has a market cap of $4.74 billion; its shares were traded at around $10.97 with a P/E ratio of 17.67 and P/S ratio of 4.41.


For the last quarter SLM Corp reported a revenue of $287.2 million, compared with the revenue of $254.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.1 billion, an increase of 17.3% from last year. For the last five years SLM Corp had an average revenue growth rate of 10.4% a year.

The reported diluted earnings per share was 62 cents for the year, an increase of 17% from previous year. Over the last five years SLM Corp had an EPS growth rate of 4.9% a year. The SLM Corp enjoyed an operating margin of 43.63%, compared with the operating margin of 43.16% a year before. The 10-year historical median operating margin of SLM Corp is 35.78%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, SLM Corp has the cash and cash equivalents of $1.5 billion, compared with $1.9 billion in the previous year. The long term debt was $3.3 billion, compared with $2.2 billion in the previous year. The interest coverage to the debt is 1.6, which is not a favorable level. SLM Corp has a financial strength rank of 4 (out of 10).

At the current stock price of $10.97, SLM Corp is traded at 78.4% premium to its historical median P/S valuation band of $6.15. The P/S ratio of the stock is 4.41, while the historical median P/S ratio is 2.46. The stock lost 9.29% during the past 12 months.

CFO Recent Trades:

  • EVP & CFO Steven Mcgarry sold 13,836 shares of SLM stock on 01/26/2018 at the average price of $11.62. The price of the stock has decreased by 5.59% since.

Directors and Officers Recent Trades:

  • EVP, GC and Secretary Laurent Charles Lutz sold 40,000 shares of SLM stock on 02/06/2018 at the average price of $11.31. The price of the stock has decreased by 3.01% since.

  • EVP & Chief Admin Officer Paul F Thome sold 12,429 shares of SLM stock on 01/26/2018 at the average price of $11.5. The price of the stock has decreased by 4.61% since.

  • Director Jed H Pitcher sold 330 shares of SLM stock on 01/25/2018 at the average price of $11.51. The price of the stock has decreased by 4.69% since.

  • Director Earl A Goode sold 8,640 shares of SLM stock on 01/25/2018 at the average price of $11.5. The price of the stock has decreased by 4.61% since.

For the complete 20-year historical financial data of SLM, click here.

This article first appeared on GuruFocus.


Advertisement

Recommended Stories