SLM - SLM Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
+0.27 (+3.44%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close7.84
Bid7.71 x 4000
Ask9.00 x 1200
Day's Range7.87 - 8.16
52 Week Range7.76 - 12.09
Avg. Volume2,995,179
Market Cap3.46B
Beta (3Y Monthly)1.75
PE Ratio (TTM)6.55
Earnings DateN/A
Forward Dividend & Yield0.12 (1.34%)
Ex-Dividend Date2019-09-05
1y Target EstN/A
Trade prices are not sourced from all markets
Press Releases
  • Business Wire

    Looking to Cover Remaining College Costs? A Private Student Loan From Sallie Mae Can Help

    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.

  • Business Wire

     Sallie Mae’s Donna Vieira Appointed to Delaware Plans Management Board

    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.

  • Business Wire

    Sallie Mae’s Bonnie Rumbold Receives 2019 Corporate Champion Award From Year Up Wilmington

    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.

  • Business Wire

    Sallie Mae Reports Second-Quarter 2019 Financial Results

    Second-Quarter GAAP Net Income Attributable to Common Stock of $146 Million, or $0.34 Per Diluted Share

  • More Families Have a Plan for College and Are Confident in How to Pay for It According to ‘How America Pays for College 2019’
    Business Wire

    More Families Have a Plan for College and Are Confident in How to Pay for It According to ‘How America Pays for College 2019’

    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%.

  • Business Wire

    Sallie Mae Is Giving Away Up to 1 Million Days of Free Access to Chegg Study®

    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®.

  • Business Wire

    Sallie Mae to Release 2019 Second-Quarter Financial Results on July 24

    Conference Call Scheduled for Thursday, July 25, at 8 a.m. EDT

  • Business Wire

    Sallie Mae Offers Competitive Parent Loans to Cover Any Gaps in College Financing

    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.

  • Business Wire

    Sallie Mae Helps Families Bridge the Financing Gap With Competitive Private Student Loans

    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.

  • Business Wire

    Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

    Sallie Mae® , formally SLM Corporation, today announced a 2019 third-quarter dividend on its Preferred Stock Series B of $1.0368944 per share. The company also announced a 2019 third-quarter dividend on its common stock of $0.03 per share.

  • Business Wire

    Sallie Mae Recognized as a Leader in Board Diversity for Fifth Consecutive Year

    SLM Corporation (SLM) — more commonly known as Sallie Mae — has been recognized for the fifth consecutive year as a 2020 Women on Boards Winning Company. Winning companies are recognized for championing diversity on their Board of Directors by having 20% or more of their Board seats held by women.

  • Business Wire

    Sallie Mae Earns Awards for Marketing Campaigns and Digital Content

    Sallie Mae today announced it has earned awards for several college planning and financial literacy campaigns and for the company’s Bridging the Dream Scholarship Program. The company received seven Hermes Creative Awards, which recognize excellence in traditional and emerging media.

  • Business Wire

    Sallie Mae Offers Tailored, Responsible Loans for Graduate School

    Sallie Mae® (SLM) – Graduation season is here, and thousands of college grads across the country are turning their tassels and looking to what’s next. For an increasing number of students, this means planning for their next degree: 64% believe a graduate degree is the new minimum standard level of education for any professional occupation, according to How America Pays for Graduate School, Sallie Mae and Ipsos’ national research study. In response to the growing need to finance this next step, Sallie Mae offers six distinct graduate student loan products that were co-created with graduate students, uniquely designed to responsibly assist in paying for their advanced education.

  • Business Wire

    Busted: Four Common Myths about 529 College Savings Plans

    May 29 is “National 529 College Savings Plan Day,” the perfect opportunity to start mapping out your plan to save for college. Unfortunately, there are many misperceptions about 529 plans, how they work, and how to qualify. In fact, according to “How America Saves for College,” fewer than one-third of families are using 529 plans to save for college.

  • Business Wire

    Third Annual Sallie Mae 5K Set for June 2 at Bellevue State Park

    Proceeds Support Scholarship Program for High School Students

  • Business Wire

    Third Annual Sallie Mae 5K Set for June 2 at Fort Harrison State Park

    Proceeds Support Scholarship Program for High School Students; Race Open to the Public; 8:30 a.m. Start

  • Business Wire

    Sallie Mae Contributes $24,000 to Support Food Bank of Delaware

    Sallie Mae announced a $24,000 contribution from the company’s charitable arm, The Sallie Mae Fund, to support the Food Bank of Delaware. The grant will assist local students through the Food Bank’s workforce development initiative, Delaware Food Works, which offers programs in food service, warehousing, and agriculture. “The Food Bank of Delaware facilitates long-term solutions to the problems of hunger and poverty through community education and advocacy,” said Patricia Dobbe Beebe, president and chief executive officer, Food Bank of Delaware.

  • Four Graduate Students Surprised with $80,000 in Scholarships from Sallie Mae
    Business Wire

    Four Graduate Students Surprised with $80,000 in Scholarships from Sallie Mae

    Four inspirational graduate school students were each awarded a $20,000 Bridging the Dream Scholarship from Sallie Mae. The four students, who assumed they were only finalists for the scholarship, were surprised yesterday by the company’s Executive Vice President and Chief Marketing Officer, Donna Vieira, during her presentation at the Association of National Advertisers’ (ANA) Brand Activation Marketing Conference. “The ANA Conference provided the perfect backdrop to share how Sallie Mae’s brand is evolving, and created an opportunity to put those words into action with our surprise scholarship announcement,” said Donna Vieira, executive vice president and chief marketing officer, Sallie Mae.

  • Business Wire

    Five Tips to Help the Class of 2019 Get Ready to Pay Back Student Loans

    May is officially graduation season for college students, marking that pivotal transition from academia to adulthood. Navigating what’s next often includes finding a job, deciding where to live, and preparing for other responsibilities like paying back student loans. Sallie Mae has tools and resources to help recent graduates get on the right track.

  • Business Wire

    ‘Hey Sallie, is That You?’ Sallie Mae Introduces New Brand and Unveils the Next Chapter for the Company

    Sallie Mae (SLM) today introduced a new brand experience and identity as it evolves to meet the growing needs of its customers. The new brand, to be implemented over the next year, coincides with Sallie Mae’s five-year anniversary as a standalone bank. The company’s next chapter acknowledges the company’s history of helping students and families make college happen, and ushers in Sallie Mae’s customer-centric vision that will extend beyond education.

  • Business Wire

    Sallie Mae to Present at the Barclays Americas Select Franchise Conference

    Executive Vice President and Chief Financial Officer Steven J. McGarry to Speak on Tuesday, May 14

  • Business Wire

    National Decision Day Means Important Choices for Millions of Future College Freshmen and Their Families

    Millions of high school seniors are gearing up for National Decision Day, or College Signing Day, on May 1, the date for that all-important decision on where to attend college. Continue to apply for college scholarships. The search for scholarships doesn’t end after being accepted, or committed, to a school.

  • Business Wire

    Sallie Mae Reports First Quarter 2019 Financial Results

    First-Quarter GAAP Net Income Attributable to Common Stock of $154 Million

  • Young Adults Confident in Money Management Skills, According to Latest ‘Majoring in Money’ Report from Sallie Mae and Ipsos
    Business Wire

    Young Adults Confident in Money Management Skills, According to Latest ‘Majoring in Money’ Report from Sallie Mae and Ipsos

    Young adults feel confident in their money management skills and demonstrate responsibility by paying bills on time, tracking their spending, and not spending more than they have, according to “Majoring in Money 2019,” the latest report from Sallie Mae and Ipsos. “Majoring in Money 2019” examines the financial skills of three groups: college students, college graduates, and non-completers, those who began their college studies but left school without obtaining a degree. College graduates are the most confident, with 71% rating their money management skills as good or excellent, while 59% of college students rate themselves the same way.