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SLMSLM Corporation
$16.94$3.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
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P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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SLM logo

SLM Corporation

SLM
NASDAQ · Consumer Finance
$16.94
At close - Nov 6, 4:00 PM EST - USD
Market Cap$3.18B
P/E5.5x
52W High$31.06
Volume4.59M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Volatile Provisions And NIM Compression Cloud Student Lending Economics

SLM's earnings trajectory appears highly unstable, with net interest income growth decelerating from +53.4% in 2026Q1 to -9.0% in 2026Q3 and net interest margin collapsing from 2.0% to 1.1% within two quarters, suggesting earlier spread strength may not prove durable.

GrowthMixed
ProfitabilityStrained
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SLM price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

6/12 Beats

EPS beat 6 of last 12 quarters

02

Valuation risk

-53% Peers

P/E is 53% below peer median

03

Market leadership

RS 25 · Lag

Laggard (Underperforming 75% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Jan 22

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SLM-36.77%
S&P 500 (^GSPC)+7.63%
1-Year Return
SLM-34.75%
S&P 500 (^GSPC)+9.69%
3-Year Return
SLM+24.21%
S&P 500 (^GSPC)+64.02%
5-Year Return
SLM+4.95%
S&P 500 (^GSPC)+52.51%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
5.5x
Forward P/E
7.9x
EV/EBITDA20th %ile
6.4x
FCF YieldCash Flow
18.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
5.5x
7.9x
20th· Low
EV/EBITDA
6.4x
7.2x
20th· Low
Price/FCF
5.3x
9.7x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$38.47+127.1%
Base (Fair)$41.10+142.6%
Bull$56.01+230.6%
$38.47 Bear$41.10 Base$56.01 Bull
Current Market Price: $16.94
Trades at a 58.8% discount to Base DCF ($41.10)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$1.98B+7.3% YoY
Net income FY25
$745M+22.4% YoY
Free cash flow FY25
$576M+274.7% YoY
Operating margin FY25
50%+6.8 pts YoY
ROIC (FY25)8.8%
Avg ROIC 5Y9.1%
ROE (TTM)23.6%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate6/12 (50%)
Revenue Beat Rate10/12 (83%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 22, 2026
-$0.19-211.4%
vs $0.17
$375M-17.2%
vs $453M
Q3 2026
Jul 23, 2026
$0.29-33.4%
vs $0.44
$401M-2.0%
vs $409M
Q2 2026
Apr 23, 2026
$1.54+35.1%
vs $1.14
$560M+5.6%
vs $530M
Q1 2026
Jan 22, 2026
$1.12+17.9%
vs $0.95
$454M+2.6%
vs $442M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 22, 2026
Sallie Mae Reports Third Quarter 2026 Financial Results

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae (Nasdaq: SLM), formally SLM Corporation, today released third quarter 2026 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. Sallie Mae will host an earnings conference call today, Oct. 22, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and.

Zacks Investment Research·Oct 21, 2026
Seeking Clues to Sallie Mae (SLM) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Beyond analysts' top-and-bottom-line estimates for Sallie Mae (SLM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2026.

Business Wire·Oct 20, 2026
Sallie Mae Declares Dividends on Preferred Stock Series B and Common Stock

NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced a 2026 fourth-quarter dividend on its Preferred Stock Series B of $1.4939647 per share. The company also announced a 2026 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, 2026, to the respective stockholders of record at the close of business on Dec. 4, 2026.Sallie Mae (Nasdaq: SLM) believes education and life-l.

Zacks Investment Research·Oct 15, 2026
Analysts Estimate Sallie Mae (SLM) to Report a Decline in Earnings: What to Look Out for

Sallie Mae (SLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Filtered for SLM CorporationMore Headlines
04

Compare before deciding

Benchmark SLM against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for SLM Corporation (SLM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SLM logoSLMSLM CorporationCurrent
$16.94$3.18B5.547.32%31.69%23.59%19.95%
NAVI logoNAVINavient Corporation
$8.42$791.39M-16.50-32.67%-8.91%-2.04%7.56%
HFBL logoHFBLHome Federal Bancorp, Inc. of Louisiana
$23.00$70.24M10.8918.1%26.93%11.12%2.36%
COF logoCOFCapital One Financial Corporation
$201.87$123.84B11.3236.62%17.3%9.67%1.39%
SYF logoSYFSynchrony Financial
$73.74$23.99B7.13-7.09%22.18%19.99%1.62%
ALLY logoALLYAlly Financial Inc.
$38.17$11.61B7.90-35.42%15.03%9.67%3.16%

Compare SLM vs Peers

SLM Corporation (SLM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NAVI

Most directly comparable listed peer for SLM.

Scale Benchmark

vs GS

Larger-name benchmark to compare SLM against a more recognizable public peer.

Peer Set

Compare Top 5

vs NAVI, HFBL, COF, SYF

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SLM SEC Filings & Documents

SLM Corporation (SLM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Oct 22, 2026·SEC

Material company update

Jul 23, 2026·SEC

Material company update

Jun 18, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 19, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Oct 22, 2026·SEC

FY 2026

Jul 23, 2026·SEC

FY 2026

Apr 23, 2026·SEC

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SLM Frequently Asked Questions

SLM Corporation (SLM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is SLM Corporation growing?

SLM Corporation (SLM) revenue fell by 6.7% over the trailing twelve months, compared with the twelve months before.

Is SLM profitable?

Yes. SLM Corporation (SLM) earned $567.4M in net income over the trailing twelve months (a 31.7% net margin).

Dividend & Returns
Does SLM pay dividends?

Yes. SLM Corporation (SLM) pays a dividend that yields 19.95% at the current price, a high yield.

What is SLM's return on equity?

SLM Corporation (SLM) had a return on equity (ROE) of 23.6% over the trailing twelve months. That is well above the market's typical 10-15%.

Industry Metrics
What is SLM Corporation's net interest margin?

SLM Corporation (SLM) has a net interest margin (NIM) of 5.0%. This indicates healthy earnings from lending activities.

What is SLM Corporation's efficiency ratio?

SLM Corporation (SLM) has an efficiency ratio of 33.2%. This is excellent, indicating strong cost control.

What if you invested $1,000 in SLM back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →