SLM (SLM) Projected to Post Quarterly Earnings on Thursday

21 Apr 2026, 03:50 by Amy Steele · The Cerbat Gem

SLM (NASDAQ:SLM – Get Free Report) is anticipated to issue its Q1 2026 results after the market closes on Thursday, April 23rd. Analysts expect the company to announce earnings of $0.8430 per share and revenue of $486.0480 million for the quarter. SLM has set its FY 2026 guidance at 2.700-2.800 EPS. Investors are encouraged to explore the company’s upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Thursday, April 23, 2026 at 5:30 PM ET.

SLM (NASDAQ:SLM – Get Free Report) last released its quarterly earnings results on Thursday, January 22nd. The credit services provider reported $1.12 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.17. The company had revenue of $1.31 billion for the quarter, compared to analyst estimates of $383.43 million. SLM had a return on equity of 34.79% and a net margin of 26.04%.During the same period in the previous year, the company posted $0.50 earnings per share. On average, analysts expect SLM to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

SLM Price Performance

Shares of SLM stock opened at $23.11 on Tuesday. The business’s fifty day moving average is $21.33 and its 200 day moving average is $25.24. The company has a quick ratio of 1.24, a current ratio of 1.28 and a debt-to-equity ratio of 2.44. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of 6.66, a PEG ratio of 3.06 and a beta of 1.04. SLM has a twelve month low of $17.77 and a twelve month high of $34.97.

SLM Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Thursday, March 5th were issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Thursday, March 5th. SLM’s payout ratio is 14.99%.

Hedge Funds Weigh In On SLM

Large investors have recently modified their holdings of the stock. NewEdge Advisors LLC boosted its stake in SLM by 6.6% in the 1st quarter. NewEdge Advisors LLC now owns 21,350 shares of the credit services provider’s stock worth $627,000 after purchasing an additional 1,319 shares in the last quarter. Captrust Financial Advisors increased its stake in SLM by 6.1% during the 2nd quarter. Captrust Financial Advisors now owns 36,889 shares of the credit services provider’s stock valued at $1,210,000 after purchasing an additional 2,109 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in SLM by 118.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,995 shares of the credit services provider’s stock worth $131,000 after buying an additional 2,164 shares during the last quarter. Triumph Capital Management purchased a new position in SLM in the third quarter worth about $69,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in shares of SLM in the first quarter worth approximately $263,000. Hedge funds and other institutional investors own 98.94% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Compass Point raised shares of SLM from a “sell” rating to a “neutral” rating and reduced their target price for the stock from $23.00 to $22.00 in a research report on Monday, March 30th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $40.00 price objective on shares of SLM in a research note on Friday, January 23rd. Morgan Stanley cut their price objective on shares of SLM from $29.00 to $26.00 and set an “equal weight” rating on the stock in a report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of SLM from $26.00 to $22.00 and set an “underweight” rating for the company in a research note on Thursday, April 9th. Finally, Zacks Research upgraded shares of SLM from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. Six equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $29.40.

Check Out Our Latest Report on SLM

SLM Company Profile

(Get Free Report)

SLM Corporation, operating as Sallie Mae Bank, is a leading U.S.-based consumer banking company specializing in education financing and related banking products. The company provides a range of private student loans for undergraduate and graduate studies, Parent PLUS loans, and specialized financing for career and certificate programs. In addition to its core lending services, Sallie Mae offers deposit products including savings accounts, checking accounts, money market accounts, certificates of deposit, and credit cards tailored to students and young adults.