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 |
|---|---|---|---|
| 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 |
| 1/4/2024 | $18.00 → $20.00 | Overweight → Neutral | JP Morgan |
| 12/8/2023 | $14.00 → $20.00 | Equal Weight → Overweight | Wells Fargo |
| 11/15/2023 | $16.00 | Overweight | Barclays |
| 11/1/2023 | $17.50 | Outperform | TD Cowen |
| 4/17/2023 | $16.00 → $17.00 | Neutral → Overweight | JP Morgan |
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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
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced Chief Financial Officer Pete Graham will speak at the Morgan Stanley U.S. Financials Conference on Tuesday, June 10, at 9:45 a.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 Corporation and its subsi
The Sallie Mae Fund and Thurgood Marshall College Fund Partner to Award $425,000 Scholarships that Help Remove Barriers to College Completion Sallie Mae is again partnering with Thurgood Marshall College Fund to offer scholarships to students who encounter unexpected costs that can be obstacles to college completion. The company, through The Sallie Mae Fund, will award 170 Completing the Dream Scholarships worth up to $425,000 to help students complete their higher education. Applications will remain open until all funds are awarded or until December 1, 2025. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250602205730/en/ The
Report Highlights Strong Correlation Between Planning and Post-College Success Nine in 10 recent college graduates say they had a positive college experience, and 84% maintain a positive outlook on their lives overall, according to the newly released national study, "How America Succeeds After College 2025," by Sallie Mae and Ipsos. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250508743394/en/ The study reveals 82% of recent graduates are employed, with 74% working in a field related to their degree. Just 14% of recent graduates say they feel unsuccessful after college. In addition, of the 47% of recent graduates who borrowed
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
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released first-quarter 2025 financial results and reaffirmed full-year 2025 guidance. 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/20250424673456/en/ Sallie Mae will host an earnings conference call today, April 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 a
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 second-quarter dividend on its Preferred Stock Series B of $1.5815446 per share. The company also announced a 2025 second-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 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 go
Grant Fuels DC CAP's Goal to Achieve an 80% College Graduation Rate for D.C. Students by 2050 The Sallie Mae Fund today announced a $50,000 grant to the DC College Access Program (DC CAP Scholars) to support its annual College Signing Day celebration and its broader mission to increase higher education access and completion rates for students across the District. The grant also supports DC CAP's 2050 Moonshot Goal—an initiative to achieve an 80% citywide six-year college graduation rate by 2050. College Signing Day will take place Friday, April 11, from 10 a.m. to 12:30 p.m. ET at Capital One Arena and will bring together more than 3,000 high school students from across D.C. to celebrate
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
JP Morgan downgraded Sallie Mae from Overweight to Neutral and set a new price target of $20.00 from $18.00 previously
Wells Fargo upgraded Sallie Mae from Equal Weight to Overweight and set a new price target of $20.00 from $14.00 previously
Barclays initiated coverage of Sallie Mae with a rating of Overweight and set a new price target of $16.00
TD Cowen initiated coverage of Sallie Mae with a rating of Outperform and set a new price target of $17.50
JP Morgan upgraded Sallie Mae from Neutral to Overweight and set a new price target of $17.00 from $16.00 previously
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
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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
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released first-quarter 2025 financial results and reaffirmed full-year 2025 guidance. 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/20250424673456/en/ Sallie Mae will host an earnings conference call today, April 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 a
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 second-quarter dividend on its Preferred Stock Series B of $1.5815446 per share. The company also announced a 2025 second-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on June 16, 2025, to the respective stockholders of record at the close of business on June 5, 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 go
Webcast Scheduled for Thursday, April 24, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release first-quarter 2025 financial results after market close on Thursday, April 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 know-
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released fourth-quarter and full-year 2024 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/20250123902785/en/ Sallie Mae will host an earnings conference call today, Jan. 23, 2025, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and year and to answer questions related to Sallie Mae's performance. A live audio webcast of
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 first-quarter dividend on its Preferred Stock Series B of $1.5951112 per share. The company also announced a 2025 first-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on March 17, 2025, to the respective stockholders of record at the close of business on March 5, 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, Jan. 23, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release fourth-quarter and full-year 2024 financial results after market close on Thursday, Jan. 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 fi
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released third-quarter 2024 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/20241023634710/en/ Sallie Mae also announced an increase to its 2024 fourth-quarter dividend on its common stock from $0.11 to $0.13 per share. Sallie Mae further announced a 2024 fourth-quarter dividend on its Preferred Stock Series B of $1.7448719 per share. Both common stock and prefe