What Are The Chances Of SLM Corp. (NASDAQ: SLM) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, SLM falls under the Financial sector while operating within the Credit Services industry segment. The current market capitalization of SLM Corp. is $4.80B. A total of 1.34 million shares were traded on the day, compared to an average of 1.64M shares.

In the most recent transaction, Strong Robert S. sold 4,500 shares of SLM for 22.70 per share on Aug 01 ’24. After the transaction, the Director now owns 101,093 company shares. In a previous transaction on Aug 01 ’24, Strong Robert S. bought 4,500 shares at 22.67 per share.

Among the insiders who sold shares, Strong Robert S. disposed of 4,500 shares on Jul 01 ’24 at a per-share price of $20.89. This resulted in the Director holding 105,593 shares of SLM after the transaction. In another insider transaction, Strong Robert S. sold 4,500 shares at $21.44 per share on Jun 03 ’24. Company shares held by the Director now total 102,983.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. SLM Corp. pays an annual dividend of $0.44, resulting in a dividend yield of 1.99%, and it has a price to earnings (P/E) ratio of 6.86. SLM’s most recent ex-dividend date was 9/5/2024 when it declared a $0.11 quarterly dividend that was paid in cash on 9/16/2024. Previously, the company paid the dividend on 6/17/2024 with an ex-dividend date of 6/6/2024. The SLM stock dividend was $0.11 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, SLM has a high of $23.95 and a low of $12.26.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. Its Book Value Per Share was $9.34, while its Total Shareholder’s Equity was $2.15B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SLM is Buy with a score of 4.58.

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