- SLM Corporation has revised its outlook for FY private education loan originations, now expecting a growth of 5% to 6%, down from the previous estimate of 6% to 8%.
- The company is maintaining its expected earnings per share (EPS) between $3 and $3.10.
- Non-interest expenses are projected to remain between $655 million and $675 million.
- This guidance was provided in advance of the Barclays Global Financial Services conference.
- Following the announcement, SLM shares fell 3.5% to $29.36, with a trading volume of 100,981 shares.
- Analyst ratings include 10 buys, 1 hold, and no sells for SLM stocks.
A look at Slm Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SLM Corporation, commonly known as Sallie Mae, is positioned with a balanced outlook for the long term based on Smartkarma Smart Scores. With a score of 3 across the board in Value, Dividend, Growth, Resilience, and Momentum, the company appears to have a stable and consistent performance across various factors. Sallie Mae’s focus on education funding and servicing government guaranteed and private student loans contributes to its resilience in the market.
Despite not scoring at the very top, SLM Corporation’s consistent scores across multiple areas suggest a well-rounded investment opportunity. As a provider of debt management services and products for educational institutions and loan guarantors, Sallie Mae’s diverse portfolio positions it to weather various market conditions and maintain a steady performance in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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