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SLM (SLM)

(Delayed Data from NSDQ)

$22.73 USD

22.73
1,919,754

-0.27 (-1.17%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $22.74 +0.01 (0.04%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value F Growth A Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 35% (87 out of 250)

Industry: Financial - Consumer Loans

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Better trading starts here.

Balance Sheet

Research for SLM

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for SLM Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 4,354 4,829 4,583 4,627 5,721
Receivables 22,053 21,212 21,795 20,964 26,177
Notes Receivable 0 0 0 0 0
Inventories 0 29 0 2,886 0
Other Current Assets 0 0 0 0 0
Total Current Assets 26,407 26,070 26,377 28,476 31,898
Net Property & Equipment 130 141 151 155 135
Investments & Advances 2,503 2,437 2,658 2,077 572
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 69 118 0 0 0
Deposits & Other Assets 62 45 36 62 82
Total Assets 29,169 28,811 29,222 30,770 32,686
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 289
Accounts Payable 21,653 21,448 20,828 22,666 24,284
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 0 0 0 0 0
Total Current Liabilities 21,653 21,448 20,828 22,666 24,573
Mortgages 0 0 0 0 0
Deferred Taxes/Income 0 0 0 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 5,228 5,235 5,931 5,189 4,354
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 408 401 313 352 447
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 27,289 27,084 27,072 28,208 29,375
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 251 251 251 251 400
Common Stock (Par) 88 87 86 91 91
Capital Surplus 1,149 1,109 1,074 1,331 1,308
Retained Earnings 3,625 3,164 2,817 1,722 1,851
Other Equity -75 -94 -18 -34 -12
Treasury Stock 3,156 2,790 2,061 799 325
Total Shareholder's Equity 1,881 1,727 2,150 2,563 3,312
Total Liabilities & Shareholder's Equity 29,169 28,811 29,222 30,770 32,686
Total Common Equity 1,630 1,476 1,899 2,312 2,912
Shares Outstanding 226.20 250.20 293.10 375.20 422.10
Book Value Per Share 7.20 5.90 6.48 6.16 6.90

Fiscal Year End for SLM Corporation falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 3,790 4,354 3,776 4,078
Receivables NA 21,865 22,053 22,769 20,848
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 0 0 0 0
Total Current Assets NA 25,655 26,407 26,545 24,926
Net Property & Equipment NA 127 130 133 135
Investments & Advances NA 2,361 2,503 2,410 2,469
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 68 69 128 114
Deposits & Other Assets NA 67 62 58 65
Total Assets NA 28,277 29,169 29,273 27,708
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 20,903 21,653 21,551 20,361
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 0 0 0 0
Total Current Liabilities NA 20,903 21,653 21,551 20,361
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 0 0 0 0
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 4,977 5,228 5,516 5,214
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 408 408 327
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 26,164 27,289 27,474 25,902
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA 251 251 251 251
Common Stock (Par) NA 88 88 88 88
Capital Surplus NA 1,164 1,149 1,141 1,130
Retained Earnings NA 3,885 3,625 3,486 3,486
Other Equity NA -77 -75 -101 -84
Treasury Stock NA 3,197 3,156 3,064 3,064
Total Shareholder's Equity NA 2,114 1,881 1,799 1,806
Total Liabilities & Shareholder's Equity NA 28,277 29,169 29,273 27,708
Total Common Equity 0 1,863 1,630 1,548 1,555
Shares Outstanding 219.70 220.20 226.20 226.20 226.00
Book Value Per Share 0.00 8.46 7.20 6.84 6.88