|Bid||0.00 x 1000|
|Ask||10.23 x 38800|
|Day's Range||9.92 - 10.18|
|52 Week Range||7.95 - 12.16|
|Beta (3Y Monthly)||2.08|
|PE Ratio (TTM)||8.84|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||0.12 (1.21%)|
|1y Target Est||13.89|
Congratulations - you are considering college! But first, paying for it: Students who applied for financial aid through the Free Application for Federal Student Aid, or FAFSA, should be receiving their award letters right about now. Different schools have different names for these letters: financial aid offer, merit letter, award letter or financial aid package. It's important to pay close attention to the details of each component too, urges Sallie Mae.
Sallie Mae (SLM) delivered earnings and revenue surprises of 13.33% and 2.61%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Newark, Delaware-based company said it had net income of 35 cents. Earnings, adjusted for non-recurring gains, came to 34 cents per share. The results beat Wall Street expectations. ...
Similar to the mortgage-backed securities that caused the 2008 recession, student loan asset-backed securities could lead to the next financial crisis.
Among those who have at least one credit card, college students now have an average of 5.2, a new report shows. The lender found that 57% of the students surveyed carry at least one credit card. The average number of credit cards students hold seems to be increasing.
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.
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.
SLM Corp NASDAQ/NGS:SLMView full report here! Summary * Perception of the company's creditworthiness is neutral but improving * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for SLM with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SLM are favorable with net inflows of $70.30 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is strong relative to the trend shown over the past year. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator with a strengthening bias over the past 1-month. SLM credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.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.
The Wisconsin Governor’s Council on Financial Literacy has selected Sallie Mae as a recipient of the Governor’s Financial Literacy Award for the Bridging the Dream Tour Starring Dee-1. The award recognizes individuals and organizations for excellence in promoting financial literacy among Wisconsin residents. Governor Tony Evers and First Lady Kathy Evers presented the award during a recent ceremony at the State Capitol in Madison.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other...
Sallie Mae , formally SLM Corporation, today announced the appointment of Mark Lavelle to its board of directors, effective April 1, 2019.
Moody’s Investors Service’s brief comment on South Africa’s credit rating sparked the rand’s strongest rally in five months on Monday and drove government bond yields to the lowest since May. More importantly, it bought President Cyril Ramaphosa more time to convince investors he has the ability to introduce reforms that would stimulate the economy, consolidate government spending and reduce corruption in Africa’s most industrialized economy. The rating company on Friday deferred a scheduled review of South Africa’s creditworthiness, saying only that the ratings weren’t updated and that the next assessment is set for Nov. 1.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of SLM Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Sallie Mae , formally SLM Corporation, today announced its 2019 annual meeting of stockholders will take place on June 20, 2019, at 11 a.m. EDT. The annual meeting will be held at the company’s corporate headquarters at 300 Continental Drive, Newark, Delaware, and will be open to stockholders of record as of the close of business on April 23, 2019.
Riding high on an inflated revenue base and a solid card sales volume, Discover Financial (DFS) has ample scope to reap benefits for investors.
College-bound students who filled out the Free Application for Federal Student Aid (FAFSA) are faced with their next homework assignment: comparing financial aid award letters from colleges and universities. When comparing these award letters, or the breakdown of a school’s personalized financial aid offer for an accepted student, students may notice a difference in formats and terminology. To help, Sallie Mae has tips for students and families on how to best review, compare, and evaluate financial aid offers.
To qualify for financial aid, students must first file a Free Application for Federal Student Aid. The FAFSA season opened Oct. 1 for the 2019-2020 school year, but it's not too late for students who haven't filed. For many high school seniors, financial aid is the only thing that makes college attainable.