SLM (SLM) Set to Announce Earnings on Wednesday

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SLM (NASDAQ:SLM) is set to post its quarterly earnings results after the market closes on Wednesday, July 24th. Analysts expect SLM to post earnings of $0.30 per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Shares of NASDAQ:SLM opened at $9.38 on Tuesday. The stock has a market capitalization of $4.15 billion, a P/E ratio of 8.77, a price-to-earnings-growth ratio of 0.42 and a beta of 1.39. The company has a 50-day moving average price of $9.59. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 1.69. SLM has a fifty-two week low of $7.95 and a fifty-two week high of $12.09.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, September 6th will be issued a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 1.28%. The ex-dividend date of this dividend is Thursday, September 5th. SLM’s payout ratio is 11.21%.

Several analysts have recently weighed in on the stock. ValuEngine raised shares of Zillow Group from a “hold” rating to a “buy” rating in a report on Thursday, July 11th. Zacks Investment Research downgraded shares of Glu Mobile from a “buy” rating to a “hold” rating in a report on Tuesday, April 9th. Wedbush set a $13.00 target price on shares of SLM and gave the company a “buy” rating in a report on Monday, April 22nd. Oppenheimer set a $14.00 target price on shares of SLM and gave the company a “buy” rating in a report on Sunday, April 21st. Finally, BidaskClub raised shares of Zai Lab from a “buy” rating to a “strong-buy” rating in a report on Friday, June 28th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $12.60.

SLM Company Profile

SLM Corporation, through its subsidiaries, operates as a saving, planning, and paying for college company in the United States. The company originates and services private education loans to students or their families. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high yield savings accounts; omnibus accounts; and a consumer savings network that provides financial rewards on everyday purchases to help families save for college.

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Earnings History for SLM (NASDAQ:SLM)

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