9.69 0.00 (0.00%)
After hours: 4:43PM EDT
|Bid||8.50 x 4000|
|Ask||11.00 x 2900|
|Day's Range||9.63 - 9.88|
|52 Week Range||7.95 - 12.16|
|Beta (3Y Monthly)||2.02|
|PE Ratio (TTM)||8.50|
|Earnings Date||Jul 22, 2019 - Jul 26, 2019|
|Forward Dividend & Yield||0.12 (1.18%)|
|1y Target Est||13.95|
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.
SLM Corp NASDAQ/NGS:SLMView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low 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 | NegativeETF activity is negative and may be weakening. The net inflows of $1.88 billion over the last one-month into ETFs that hold SLM are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording 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, but is easing. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. Although SLM credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they are still comfortably within the range of 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.
Sallie Mae (SLM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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.
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.
South African stocks jumped the most in more than four months Friday as the continuing count from Wednesday’s poll showed the ruling African National Congress with 57% of the votes. “I think 57% will be seen as positive for the market because it means they don’t need to do much to convince other parties to undertake reforms,” said Peter Takaendesa, a money manager at Mergence Investment Managers. South Africa’s benchmark index was 1.1% higher as of 3:59 p.m. in Johannesburg, after climbing as much as 1.7%, the most since Jan. 9.
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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.
Reinvigorating the economy leads the agenda of what Cyril Ramaphosa, the favorite to retain the presidency, must tackle once taking office. To get there, he will have to prosecute those accused of plundering the government, fix state-owned companies and cut debt, among others. The head of Africa’s largest bank by market value sees the main priorities as turning around electricity utility Eskom Holdings SOC Ltd. and following up on a probe by Deputy Chief Justice Raymond Zondo into the looting of state funds by outside interests, known locally as state capture.
Money managers and analysts have said a strong showing for the ANC, potentially exceeding 60 percent of the vote, should boost stocks by strengthening President Cyril Ramaphosa’s ability to drive improvements in Africa’s most-industrialized economy. A decisive victory would empower Ramaphosa’s pro-business agenda, including releasing spectrum to the telecommunications sector, said Warwick Bam, head of research at Avior Capital Markets in Cape Town. A resounding ANC victory would trigger a rally in South African assets, Colin Coleman, head of of Sub-Saharan Africa at Goldman Sachs Group Inc., said in a Bloomberg Television interview this week.
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.
(Bloomberg) -- A South African election outcome that sees the ruling party win 55-60 percent of the vote could boost shares in banks and insurers, retailers, locally focused industrial companies, property firms and telcos, according to UBS Group AG.
It is already common knowledge that individual investors do not usually have the necessary resources and abilities to properly research an investment opportunity. As a result, most investors pick their illusory “winners” by making a superficial analysis and research that leads to poor performance on aggregate. Since stock returns aren't usually symmetrically distributed and index […]
Sallie Mae , formally SLM Corporation, today announced a 2019 second-quarter dividend on its Preferred Stock Series B of $1.1265978 per share. The company also announced a 2019 second-quarter dividend on its common stock of $0.03 per share.
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?