SLM Corp (SLM) concluded trading on Wednesday at a closing price of $26.87, with 5.22 million shares of worth about $140.17 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 30.00% during that period and on December 18, 2024 the price saw a loss of about -2.93%. Currently the company’s common shares owned by public are about 212.33M shares, out of which, 208.99M shares are available for trading.
Stock saw a price change of 1.47% in past 5 days and over the past one month there was a price change of 11.03%. Year-to-date (YTD), SLM shares are showing a performance of 40.53% which increased to 47.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.04 but also hit the highest price of $28.22 during that period. The average intraday trading volume for SLM Corp shares is 1.98 million. The stock is currently trading 0.62% above its 20-day simple moving average (SMA20), while that difference is up 9.55% for SMA50 and it goes to 21.45% higher than SMA200.
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SLM Corp (NASDAQ: SLM) currently have 212.33M outstanding shares and institutions hold larger chunk of about 97.38% of that.
The stock has a current market capitalization of $5.71B and its 3Y-monthly beta is at 1.22. PE ratio of stock for trailing 12 months is 9.34, while it has posted earnings per share of $2.88 in the same period. It has a debt-to-equity ratio of 2.83. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SLM, volatility over the week remained 3.56% while standing at 2.95% over the month.
Stock’s fiscal year EPS is expected to rise by 13.73% while it is estimated to increase by 10.59% in next year. EPS is likely to shrink at an annualized rate of -1.18% for next 5-years, compared to annual growth of 17.55% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Keefe Bruyette on December 09, 2024 offering a Mkt perform rating for the stock and assigned a target price range of between $27 and $30 to it. Coverage by BofA Securities stated SLM Corp (SLM) stock as a Buy in their note to investors on September 25, 2024, suggesting a price target of $27 for the stock. On January 16, 2024, Citigroup Upgrade their recommendations, while on January 10, 2024, Deutsche Bank Initiated their ratings for the stock with a price target of $25. Stock get a Neutral rating from JP Morgan on January 04, 2024.
