A look at SLM Corp.’s (SLM) recent performance gives investors their first glimpse of hope.

SLM Corp. (NASDAQ: SLM) on Friday, plunged -1.40% from the previous trading day, before settling in for the closing price of $22.21. Within the past 52 weeks, SLM’s price has moved between $12.26 and $23.95.

Financial Sector giant saw their annual sales surged by 9.59% over the last five years. The company achieved an average annual earnings per share of 14.66%. With a float of $209.06 million, this company’s outstanding shares have now reached $220.34 million.

The firm has a total of 1740 workers. Let’s measure their productivity. In terms of profitability, gross margin is 73.28%, operating margin of 58.81%, and the pretax margin is 32.53%.

SLM Corp. (SLM) Insider Activity

Observing investor behavior towards Credit Services industry stocks is more important than anything else. The insider ownership of SLM Corp. is 1.54%, while institutional ownership is 105.42%. The most recent insider transaction that took place on Oct 01 ’24, was worth 102,230. In this transaction Director of this company sold 4,500 shares at a rate of $22.72, taking the stock ownership to the 92,130 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Director proposed sale 4,500 for $22.69, making the entire transaction worth $102,091.

SLM Corp. (SLM) Earnings and Forecasts

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.91 earnings per share (EPS) for the period topping the consensus outlook (set at 0.89) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 14.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.18% during the next five years compared to 17.55% growth over the previous five years of trading.

SLM Corp. (NASDAQ: SLM) Trading Performance Indicators

SLM Corp. (SLM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.51.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.88, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 3.00 in one year’s time.

Technical Analysis of SLM Corp. (SLM)

Analysing the last 5-days average volume posted by the [SLM Corp., SLM], we can find that recorded value of 2.38 million was better than the volume posted last year of 1.79 million. As of the previous 9 days, the stock’s Stochastic %D was 19.45%. Additionally, its Average True Range was 0.58.

During the past 100 days, SLM Corp.’s (SLM) raw stochastic average was set at 55.04%, which indicates a significant increase from 16.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.20% in the past 14 days, which was lower than the 28.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.92, while its 200-day Moving Average is $21.13. Now, the first resistance to watch is $22.44. This is followed by the second major resistance level at $22.97. The third major resistance level sits at $23.26. If the price goes on to break the first support level at $21.62, it is likely to go to the next support level at $21.33. Should the price break the second support level, the third support level stands at $20.80.

SLM Corp. (NASDAQ: SLM) Key Stats

Market capitalization of the company is 4.65 billion based on 219,716K outstanding shares. Right now, sales total 2,839 M and income totals 581,390 K. The company made 677,160 K in profit during its latest quarter, and -45,150 K in sales during its previous quarter.