SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
IPO Year:
Exchange: NASDAQ
Website: salliemae.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/12/2026 | $25.00 | Neutral → Underweight | Analyst |
| 12/9/2025 | $31.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/9/2025 | $23.00 | Buy → Sell | Compass Point |
| 10/7/2025 | $29.00 | Overweight → Neutral | Analyst |
| 8/25/2025 | $38.00 | Overweight | Wells Fargo |
| 7/11/2025 | $38.00 | Neutral → Overweight | Analyst |
| 12/9/2024 | $27.00 → $30.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 9/25/2024 | $27.00 | Buy | BofA Securities |
| 1/16/2024 | $14.00 → $23.00 | Neutral → Buy | Citigroup |
| 1/10/2024 | $25.00 | Buy | Deutsche Bank |
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New Offerings Expand Access to Responsible Financing and Flexible Repayment Options Company Increases Scholarship Opportunities For Graduate Students Sallie Mae (NASDAQ:SLM) today announced new and expanded graduate loan options for medical and dental students, supporting students from the first year of school through the transition into clinical practice. The enhanced offerings expand credit eligibility for qualified students and provide responsible financing with competitive interest rates, no origination or application fees, and flexible repayment options that reflect the longer training timelines and financial considerations of advanced health care education. Medical and dental st
Up to $300,000 Available to Help 30 High School Seniors Access Higher Education The Sallie Mae Fund is now accepting applications for the 2026–27 Bridging the Dream Scholarship for High School Seniors. The Sallie Mae Fund's Bridging the Dream Scholarship for High School Seniors, administered by Thurgood Marshall College Fund (TMCF), provides 30 high school students up to $10,000 each to help pay for higher education. Applicants must be Pell-Grant eligible high school seniors planning to attend an accredited two‑ or four‑year college or an eligible certificate or technical program. "Deciding what comes after high school is one of the most important financial and personal decisions stud
Sallie Mae (NASDAQ:SLM) formally SLM Corporation, today announced that it has entered into a $200 million accelerated share repurchase ("ASR") agreement with Goldman Sachs & Co. LLC ("Goldman Sachs"). The ASR and any future share repurchases will be conducted under the $500 million share repurchase program authorized by Sallie Mae's Board of Directors, effective Jan. 22, 2026. "Following our fourth-quarter earnings announcement, pursuant to our $500 million share repurchase authorization, we promptly implemented a dynamic repurchase plan, which was fully executed amid the significant market dislocation experienced over the past several weeks," said Jon Witter, Chief Executive Officer, S
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced Chief Executive Officer Jon Witter will speak at the 2026 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 11, at 4:40 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced the successful pricing of the first student loan asset-backed securities (ABS) transaction of the year by Sallie Mae Bank. The $618 million transaction was met with robust investor demand following its formal announcement earlier this week, resulting in broad distribution across a diverse institutional investor base. Investor engagement throughout the marketing process validated the continued attractiveness of seasoned private education loan assets supported by Sallie Mae's underwriting, servicing, and performance track record. The transaction's pricing strength underscores the demand for high-quality collateral even in vo
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced its 2026 annual meeting of stockholders will take place on June 16, 2026, at 1 p.m. ET. The annual meeting will be held virtually and will be open to stockholders of record as of the close of business on April 20, 2026. Additional details will be included in the company's proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help custom
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Bank of America Securities 2026 Financial Services Conference on Tuesday, Feb. 10, at 12:10 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Corp
Veteran Technology Executive to Lead Digital Transformation and Data Strategy Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced it has appointed Steve Turner, Chief Technology and Enablement Officer. In this role, Turner will oversee technology architecture and delivery, IT innovation, data, and information, and physical security. "Joining Sallie Mae is an incredible opportunity to advance a mission that helps students access and complete higher education," said Turner. "I look forward to leading our technology organization to accelerate innovation and harness data to deliver faster, simpler, and more reliable experiences for the students and families we serve." Turn
Board of Directors Approves New $500 Million Share Repurchase Program Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released fourth quarter and full-year 2025 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260122083994/en/ Sallie Mae will host an earnings conference call today, Jan. 22, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and year and to answe
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2026 first-quarter dividend on its Preferred Stock Series B of $1.4327141 per share. The company also announced a 2026 first-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on March 16, 2026, to the respective stockholders of record at the close of business on March 5, 2026. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
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Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.
Analyst downgraded Sallie Mae from Neutral to Underweight and set a new price target of $25.00
Morgan Stanley downgraded Sallie Mae from Overweight to Equal-Weight and set a new price target of $31.00
Compass Point downgraded Sallie Mae from Buy to Sell and set a new price target of $23.00
Analyst downgraded Sallie Mae from Overweight to Neutral and set a new price target of $29.00
Wells Fargo resumed coverage of Sallie Mae with a rating of Overweight and set a new price target of $38.00
Analyst upgraded Sallie Mae from Neutral to Overweight and set a new price target of $38.00
Keefe Bruyette downgraded Sallie Mae from Outperform to Mkt Perform and set a new price target of $30.00 from $27.00 previously
BofA Securities initiated coverage of Sallie Mae with a rating of Buy and set a new price target of $27.00
Citigroup upgraded Sallie Mae from Neutral to Buy and set a new price target of $23.00 from $14.00 previously
Deutsche Bank initiated coverage of Sallie Mae with a rating of Buy and set a new price target of $25.00
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Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - SLM Corp (0001032033) (Issuer)
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Live finance-specific insights
Board of Directors Approves New $500 Million Share Repurchase Program Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released fourth quarter and full-year 2025 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260122083994/en/ Sallie Mae will host an earnings conference call today, Jan. 22, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and year and to answe
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2026 first-quarter dividend on its Preferred Stock Series B of $1.4327141 per share. The company also announced a 2026 first-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on March 16, 2026, to the respective stockholders of record at the close of business on March 5, 2026. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new
Webcast Scheduled for Thursday, Jan. 22, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release fourth-quarter and full-year 2025 financial results after market close on Thursday, Jan. 22, 2026. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide fi
Webcast and Conference Call Scheduled for Monday, Dec. 8 at 5 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will host an investor forum on Monday, Dec. 8, 2025 at 5 p.m. ET. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. For those dialing in or participating in the question-and-answer portion of the investor forum, please pre-register beginning today. Once registered, participants will be provided with a dial-in number with a personalized conference code to access the call. A replay of the investor forum will be available on SallieMae.
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released third quarter 2025 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251023644980/en/ Sallie Mae will host an earnings conference call today, Oct. 23, 2025, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae's performance. A live audio webcast of the conference call and
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 fourth-quarter dividend on its Preferred Stock Series B of $1.5121799 per share. The company also announced a 2025 fourth-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on Dec. 15, 2025, to the respective stockholders of record at the close of business on Dec. 4, 2025. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new
Webcast Scheduled for Thursday, Oct. 23, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release third-quarter 2025 financial results after market close on Thursday, Oct. 23, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and kno
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released second quarter 2025 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250724130997/en/ Sallie Mae will host an earnings conference call today, July 24, 2025, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae's performance. A live audio webcast of the conference call an
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 third-quarter dividend on its Preferred Stock Series B of $1.5853186 per share. The company also announced a 2025 third-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on Sept. 15, 2025 to the respective stockholders of record at the close of business on Sept. 4, 2025. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new g
Webcast Scheduled for Thursday, July 24, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release second-quarter 2025 financial results after market close on Thursday, July 24, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and kn
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Live Leadership Updates
Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") announced the appointment of Barry Feierstein as Better's Chief Operating Officer (COO). Mr. Feierstein will oversee Better's core Corporate Operations to help drive alignment and efficiency across the organization. "We're thrilled to have Barry on board as Better's new COO. His background brings a rare combination of entrepreneurial spirit and operational discipline that will strengthen Better's leadership team as we scale the company in 2026," said Vishal Garg, CEO and Founder of Better. "During this pivotal moment of growth, Barry will play a critical role in driving the execution of our strategic bu
Dr. Daniel Greenstein Brings Extensive Experience in Higher Education Strategy and Innovation to the Board Mr. Gary Millerchip Brings Decades of Experience in Finance, Retail Banking, and Corporate Strategy to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointments of Dr. Daniel Greenstein and Mr. Gary Millerchip to its board of directors, effective April 23, 2025. Dr. Greenstein brings decades of experience in higher education strategy, innovation, and transformation to the Board. He currently serves as Managing Director, Higher Education at Baker Tilly (US), a position he has held since November 2024. Before joining Baker Tilly (US), he served as
Mr. Greig Brings Decades of Experience in Financial Services, Risk Management, Strategy, and Operations to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointment of Henry Greig to its board of directors, effective January 12, 2025. Mr. Greig brings decades of industry experience in financial services, risk management, strategy, and operations to the Board. He held various positions at Synchrony Financial from 2014-2023, including Chief Credit Officer, Chief Risk Officer, and Executive Vice President. Prior to Synchrony Financial, he worked for GE Capital from 1988-2014 serving in various roles, including Senior Vice President and Chief Risk Officer
Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins Bring Decades of Experience in Technology, Marketing, Operations, and Growth Strategy to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointments of Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins to its board of directors, effective Jan. 2, 2024. Dr. Akella adds significant experience in technology and growth strategy to the Board. She held various positions of increasing responsibility at Google, including Head of Digital Transformation, until March 2023. Prior to Google, Dr. Akella worked at McKinsey & Company serving as a partner advising clients across multiple industries
—Premier customer engagement SaaS provider taps top technology executive with track record of success to lead company's continued growth— Engageware, the industry-leading provider of customer engagement software for financial institutions, today announced that it has appointed Nina Vellayan as Chief Executive Officer (CEO). Vellayan brings more than 25 years of experience and a proven track record of success in leading software and technology businesses. As CEO, Vellayan's visionary approach and effective leadership style will further propel Engageware's ability to scale to meet market demand as the company reports record annual recurring revenue and profitability. Engageware provides ind
Mr. Blackley Brings Significant Financial Services and Operations Experience to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointment of R. Scott Blackley to its board of directors, effective immediately. Mr. Blackley has been Chief Financial Officer at Oscar Health, Inc. since March 2021, and effective December 1, will step into a new role as Oscar's Chief Transformation Officer overseeing operations, corporate strategy, and the company's +Oscar business. He brings decades of experience in financial services, risk management, strategy, and operations to the Sallie Mae board having also served as Chief Financial Officer at Capital One Financial Corp
Former Shazam CEO and Chairman, Andrew Fisher, to become Chairperson of the Board; Andrew succeeds Vania Schlogel who will remain on the board as a director Former Salesforce.com and Docusign executive Kirsten Wolberg and former Google and Dropbox executive Adrienne Gormley appointed to the board in November 2021 Bolstering board gears company for next chapter of growth, comments Epidemic Sound's CEO and founder, Oscar Hoglund Epidemic Sound today announces the appointment of Andrew Fisher, former CEO and Chairman of Shazam, as Chairperson of the Epidemic Sound board with immediate effect. He will succeed Vania Schlogel who will remain on the board as a director. Andrew brings a b
Mr. Ramsey Brings More than 30 Years of Experience in Financial Services and Risk Management to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointment of Samuel Ramsey to its board of directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211104006266/en/(Graphic: Business Wire) Mr. Ramsey joins the Board bringing more than 30 years of experience in consumer and commercial banking, with expertise in risk management, finance, treasury, and the capital markets. He has served as Chief Risk Officer for Chase, the consumer and small business organization within JP Morg
Aiken Will Oversee Company's Diversity, Equity, and Inclusion Efforts and Focus on Attracting, Developing, and Empowering a Diverse Workforce Sallie Mae® (NASDAQ:SLM) today announced Lori Aiken as the company's Chief Diversity Officer. Aiken will lead the company's diversity, equity, and inclusion efforts, including the hiring and development of a diverse workforce and reinforcing the company's inclusive culture. "Increasing access and opportunity through higher education is core to who we are at Sallie Mae," said Aiken. "By ensuring an environment where our people thrive, we can continue to advocate for students and families, from all backgrounds, who aspire to forge their future through
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Ted Manvitz to its board of directors, effective immediately. Mr. Manvitz joins the Board with more than 20 years of experience in strategic advice, senior executive management, operations, and capital markets. He spent the last ten years at IHS Holding Plc, where he held a variety of roles including chief operating officer, chief investment officer, chief financial officer, and chief strategy officer. He was instrumental in transforming IHS from a regional managed services company to the fourth largest independent developer and owner of telecommunications infras