News coverage about SLM Corporation (NASDAQ:SLM) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. SLM Corporation earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the credit services provider an impact score of 45.1158965682841 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- Sallie Mae Offers Competitive Private Student Loans for Families Looking to Cover Remaining College Costs (finance.yahoo.com)
- $283.51 Million in Sales Expected for SLM Corporation (SLM) This Quarter (americanbankingnews.com)
- Jennison Associates LLC Sold A Lot More SLM Corporation (SLM) Stock Last Quarter (highlightpress.com)
- SLM Corporation (NASDAQ:SLM) versus JG Wentworth (JGW) Critical Comparison (americanbankingnews.com)
- SLM Corp. breached its 50 day moving average in a Bearish Manner : SLM-US : August 4, 2017 (finance.yahoo.com)
A number of research analysts have recently issued reports on SLM shares. Zacks Investment Research downgraded SLM Corporation from a “buy” rating to a “hold” rating in a report on Monday, July 10th. ValuEngine raised SLM Corporation from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. FBR & Co set a $14.00 price target on SLM Corporation and gave the company a “buy” rating in a report on Saturday, April 22nd. Jefferies Group LLC reaffirmed a “buy” rating and set a $15.00 price target on shares of SLM Corporation in a report on Friday, July 14th. Finally, BidaskClub raised SLM Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, June 30th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $12.94.
Shares of SLM Corporation (NASDAQ:SLM) opened at 10.33 on Friday. SLM Corporation has a 52-week low of $6.93 and a 52-week high of $13.20. The company’s 50-day moving average price is $11.19 and its 200-day moving average price is $11.55. The stock has a market cap of $4.46 billion, a PE ratio of 16.66 and a beta of 1.19.
SLM Corporation (NASDAQ:SLM) last issued its quarterly earnings results on Wednesday, July 19th. The credit services provider reported $0.16 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.16. SLM Corporation had a return on equity of 16.31% and a net margin of 22.81%. The company had revenue of $269.89 million during the quarter, compared to analysts’ expectations of $268.69 million. During the same quarter in the previous year, the firm posted $0.12 EPS. The firm’s revenue was up 26.8% compared to the same quarter last year. On average, equities research analysts forecast that SLM Corporation will post $0.71 earnings per share for the current fiscal year.
About SLM Corporation
SLM Corporation (Sallie Mae) is the nation’s saving, planning, and paying for college company. Sallie Mae offers products, which promote personal finance including private education loans, Upromise rewards, scholarship search, college financial planning tools, insurance, and online retail banking.
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