|Bid||8.27 x 4000|
|Ask||8.28 x 3000|
|Day's Range||8.22 - 8.38|
|52 Week Range||7.76 - 12.09|
|Beta (3Y Monthly)||1.75|
|PE Ratio (TTM)||6.71|
|Earnings Date||Oct 21, 2019 - Oct 25, 2019|
|Forward Dividend & Yield||0.12 (1.34%)|
|1y Target Est||12.92|
If you own shares in SLM Corporation (NASDAQ:SLM) then it's worth thinking about how it contributes to the volatility...
(Bloomberg) -- There are signs that the battered stocks of companies focused on the South African economy have suffered enough, said Credit Suisse.Investors should start to accumulate these shares, funding this by booking profit on rand hedges that benefited from weakness in the currency, while keeping South Africa at benchmark levels in an emerging-market portfolio, London-based Alexander Redman and Arun Sai wrote in a note.Negative sentiment has reduced domestic South African stocks to the cheapest compared with emerging-market peers in almost a decade on a price-to-future-earnings basis, the analysts said. They offer a dividend yield 56% higher than the emerging-market aggregate, while rand hedges yield less than half that of developing nation shares.There are reasons to be more optimistic, the Credit Suisse analysts said. They expect some appreciation in the rand, while predictions about South African economic growth are overly pessimistic. Sturdier household finances suggest consumer spending may recover, while the earnings outlook for domestic companies is improving. Plus, there’s evidence that heavy foreign selling of South African assets may almost be done.South African value stocks creating yield plays include First Rand Ltd., Standard Bank Group Ltd., Vodacom Group Ltd., Sanlam Ltd., Nedbank Group Ltd., RMB Holdings Ltd., Exxaro Resources Ltd. and Mr Price Group Ltd., the analysts said.“During our June/July investor roadshow we noted that the intensity of questions we fielded relating to domestic South Africa from emerging equity managers had discernibly increased relative to previous trips,” they wrote.\--With assistance from James Cone.To contact the reporter on this story: Adelaide Changole in Nairobi at email@example.comTo contact the editors responsible for this story: Blaise Robinson at firstname.lastname@example.org, John Viljoen, Paul JarvisFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
A private student loan from Sallie Mae® can be a competitive and responsible to way to cover any remaining costs. With starting variable rates ranging from 3.37% to 10.75% APR with auto-debit discount and fixed rates ranging from 4.74% to 11.35% APR, the Sallie Mae Smart Option private student loan for undergraduates is one of the most competitively priced options for students and families.
Donna Vieira, executive vice president and chief marketing officer at Sallie Mae, has been appointed to the Plans Management Board (PMB) by Delaware Governor John Carney. Vieira will serve a two-year term as an at-large member, expiring in May 2021. “I am pleased to welcome Donna to the Plans Management Board,” said Colleen C. Davis, Delaware State Treasurer.
In recognition of her commitment to Year Up in providing opportunities for young adults in an environment that students aspire to work, Bonnie Rumbold, chief human resources officer, Sallie Mae, was recently honored with the Corporate Champion Award from Year Up Wilmington. The annual award recognizes individuals and organizations dedicated to ensuring more motivated young adults in Wilmington and beyond gain the requisite skills, education, and experience to successfully launch their careers. “Year Up Wilmington is proud to recognize Bonnie for her leadership, dedication and commitment to our mission,” said Hassan Charles, executive director, Year Up Greater Philadelphia and Wilmington.
Rating Action: Moody's reviews SLM for upgrade. Global Credit Research- 25 Jul 2019. New York, July 25, 2019-- Moody's Investors Service, has placed on review for upgrade the ratings of SLM Corporation ...
Sallie Mae (SLM) delivered earnings and revenue surprises of 3.33% and -1.20%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Eighty percent of families are confident in how they paid for college and nearly half have a plan to pay for all years of college, according to “How America Pays for College 2019,” the national study from Sallie Mae® and Ipsos, an independent global market research company. On average, families spent $26,226 on college in academic year 2018-19, with a sizeable portion of costs covered out-of-pocket through income and savings. Family income and savings paid 43% of college costs, scholarships, grants, and gifts— used by 82% of families—covered 33% of costs and borrowing covered 24%.
For Americans worried about the escalating price of a college education, here's good news: Tuition for the typical family barely budged in the past year, following years of out-of-control U.S. tuition inflation. The typical American family with a child in college paid an average of $26,226 for the 2018-19 academic year, nearly the same as the year before, according to the latest "How America Pays for College" survey from lender Sallie Mae. To apply for any federal student loans, state grants and work-study programs and instititutional aid, families are required to fill the Free Application for Federal Student Aid online.
Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Students: Sign Up to Snag your Share of the 1 Million Days Before They’re Gone! Today is “National Give Something Away Day” and with high school and college students gearing up for back-to-school, Sallie Mae® is setting them up for success by giving away up to 1 million days of free access to study tools from Chegg®.
SLM Corp NASDAQ/NGS:SLMView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is extremely low for SLM with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting SLM. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding SLM totaled $65.99 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. SLM credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Similar to the mortgage-backed securities that caused the 2008 recession, student loan asset-backed securities could lead to the next financial crisis.
Today we've highlighted five stocks that are currently trading for under $10 per share. All of these stocks also sport a Zacks Rank 2 (Buy) or better, and are showing signs of outpacing the market.
For millions of families paying for college is a shared responsibility, and when families are left with a gap to cover remaining college costs, a private student loan, like the Sallie Mae® Parent Loan, can be an affordable and responsible option. The Sallie Mae Parent Loan offers competitive interest rates, no origination fee, and a choice of repayment options, and it can cover up to 100 percent of the school-certified cost of attendance. The Interest Repayment Option allows customers to make monthly interest only payments while students are enrolled in school for up to 48 months, followed by monthly principal and interest payments.
After families maximize money that doesn’t need to be repaid, like scholarships, grants, savings, and income, private student loans, like those offered by Sallie Mae, are a smart and responsible option to cover remaining college costs. With competitive fixed and variable rates and other compelling benefits, Sallie Mae’s private student loans for college have no origination fees or prepayment penalties. Available to undergraduate students attending degree-granting institutions, Sallie Mae’s Smart Option Student Loan can cover all school-certified expenses for the school year, including tuition, fees, books, supplies, housing, meals, travel, and even a laptop.