06 June, 2017
This company shares are 42.04% off its target price of $14.36 and the current market capitalization stands at $4.45B. However the company reported $0.12 earnings per share for the same quarter during previous year. The mean target of $14.50 should be compared with the price when the stock was languishing around $5.56 a share. About 19,632 shares traded. It has outperformed by 45.78% the S&P500.
Philadelphia Financial Management Of San Francisco Llc decreased its stake in Slm Corp (SLM) by 25.08% based on its latest 2016Q4 regulatory filing with the SEC. They now have a Dollars 13 price target on the stock. They now have a Dollars 10 price target on the stock.
The share price of the company (NASDAQ:SLM) was down -2.03% during the last trading session, with a high of 10.35 and the volume of SLM Corporation shares traded was 8089703. The credit services provider reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.06.
SLM Corp (NASDAQ:SLM) last announced its quarterly earnings results on Wednesday, April 19th. Also Businesswire.com published the news titled: "Planning College Visits This Summer?" The forward price-to-earnings ratio is a powerful, but limited tool. The stock was sold at an average price of $11.77, for a total transaction of $225,901.61. The insider COOK TIMOTHY D sold 40,000 shares worth $4.98 million. The firm exchanged a volume of 7.04 million shares at hands. Also, EVP Paul F. Thome sold 19,193 shares of the company's stock in a transaction on Tuesday, March 7th. (NASDAQ:AAPL) was sold by SEWELL D BRUCE on Friday, May 5. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. Prnewswire.com's news article titled: "Technical Reports on Credit Services Stocks - Western Union, SLM Corp ..." with publication date: June 02, 2017 was also an interesting one. The mean target projections are based on 11 opinions.
12/01/2016 - FBR Capital Markets began new coverage on SLM Corporation giving the company a " rating. On Wednesday, October 28 the stock rating was maintained by RBC Capital Markets with "Outperform". Compass Point maintained it with "Buy" rating and $8 target in Thursday, January 21 report. SLM Corp (NASDAQ:SLM) has risen 78.01% since June 5, 2016 and is uptrending. Its down 0.03, from 0.82 in 2016Q3.
A number of institutional investors have recently bought and sold shares of SLM. California Employees Retirement System holds 0.03% or 1.72M shares in its portfolio. Ratan Capital Management Lp owns 934,120 shares or 6.57% of their USA portfolio. Asset Advisors Llc accumulated 38,460 shares. (NASDAQ:AAPL). Grassi Invest invested in 96,933 shares. Jlb And Assoc Inc holds 2.99% or 95,604 shares in its portfolio. Moreover, Oakbrook Investments Ltd Com has 0.03% invested in SLM Corp (NASDAQ:SLM). Gabelli Funds reported 665,000 shares. Flippin Bruce & Porter has 3.44% invested in Apple Inc. (NASDAQ:AAPL) for 121,849 shares. Ivory Mgmt Limited Co invested in 1.68 million shares or 9.52% of the stock. The company posted an earnings surprise of 0.333.
Ratings analysis reveals 89% of Sallie Mae's analysts are positive.
07/21/2016 - SLM Corporation had its " rating reiterated by analysts at Compass Point. The stock is expected to report revenue as high as $271.02M and as low as $251M per share. As per Wednesday, August 10, the company rating was maintained by Goldman Sachs. Furthermore on 8/10/16 Goldman Sachs "Maintained" the stock to Buy at $9. The company was initiated on Monday, November 30 by JP Morgan. Jefferies analysts stated on 07/12/2016 that they launched coverage on this stock with Buy rating. BMO Capital Markets reaffirmed a "hold" rating and set a $10.00 price objective on shares of SLM Corp in a research report on Tuesday, April 11th.
Wall Street brokerages expect SLM Corp (NASDAQ:SLM) to report $0.16 earnings per share (EPS) for the current quarter, Zacks reports. Equities analysts anticipate that SLM Corp will post $0.73 EPS for the current year. After $0.21 actual EPS reported by SLM Corp for the previous quarter, Wall Street now forecasts -23.81% negative EPS growth.
Since March 1, 2017, it had 0 insider buys, and 2 selling transactions for $338,495 activity.
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