During the recent session, SLM Corp. (NASDAQ:SLM)’s traded shares were 1.37 million, with the beta value of the company hitting 1.17. At the last check today, the stock’s price was $21.83, reflecting an intraday loss of -1.20% or -$0.27. The 52-week high for the SLM share is $22.20, that puts it down -1.69 from that peak though still a striking 43.84% gain since the share price plummeted to a 52-week low of $12.26. The company’s market capitalization is $4.81B, and the average trade volume was 2.23 million shares over the past three months.
SLM Corp. (NASDAQ:SLM) trade information
SLM Corp. (SLM) registered a -1.20% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.20% in intraday trading to $21.83, hitting a weekly high. The stock’s 5-day price performance is 5.08%, and it has moved by 3.29% in 30 days. Based on these gigs, the overall price performance for the year is 51.53%.
SLM Corp. (SLM) estimates and forecasts
Statistics show that SLM Corp. has outperformed its competitors in share price, compared to the industry in which it operates. SLM Corp. (SLM) shares have gone up 67.96% during the last six months, with a year-to-date growth rate more than the industry average at 12.86% against 10.80. In the rating firms’ projections, revenue will increase 2.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 372.93M as predicted by 7 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 391.71M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 386.63M and 384.63M respectively. In this case, analysts expect current quarter sales to shrink by -3.50% and then jump by 1.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 17.55%. While earnings are projected to return 13.23% in 2024, the next five years will return 29.58% per annum.
SLM Dividends
SLM Corp. is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for SLM Corp. is 0.44, with the dividend yield indicating at 2.02 percent, continuing the trend of increasing dividends in recent years.
