EPS for SLM Corporation (SLM) forecasted at $0.23

June 27, 2018 - By Noel Courtney

SLM Corporation (NASDAQ:SLM) Corporate Logo
Big Money Sentiment decreased to 0.68 in Q1 2018. It has change of 0.45, from 2017Q4’s 1.13. The ratio is negative due to SLM Corporation positioning: 46 sold and 90 reduced. 32 funds amassed stakes and 60 increased stakes. Investors holded 422.29 million in 2017Q4 but now own 433.58 million shares or 2.67% more.
Moreover, Gateway Invest Advisers Ltd has 0.01% invested in SLM Corporation (NASDAQ:SLM) for 94,135 shs. Hsbc Public Ltd Com, a United Kingdom-based fund reported 687,658 shs. Earnest Prtnrs Ltd invested in 0% or 146 shs. 414,429 are held by Ubs Asset Management Americas. Fifth Third Retail Bank holds 625 shs. Guggenheim Limited Liability Co has invested 0% in SLM Corporation (NASDAQ:SLM). Comerica Financial Bank holds 0.03% or 345,763 shs in its capital. Valueact Limited Partnership holds 0.83% in SLM Corporation (NASDAQ:SLM) or 7.40 million shs. Northern holds 0.01% of its capital in SLM Corporation (NASDAQ:SLM) for 3.36M shs. Blackrock invested in 0.02% or 42.20 million shs. Citigroup stated it has 55,307 shs or 0% of all its holdings. Alliancebernstein Lp invested 0% in SLM Corporation (NASDAQ:SLM). Tower Rech Capital Llc (Trc) has 0.03% invested in SLM Corporation (NASDAQ:SLM). Panagora Asset Management has 0% invested in SLM Corporation (NASDAQ:SLM) for 23,397 shs. Retail Bank Of Nova Scotia has 0.01% invested in SLM Corporation (NASDAQ:SLM) for 190,581 shs.

SLM Corporation registered $4.78 million net activity with 0 buys and 12 insider sales since January 24, 2018. 8,911 shs were sold by Jafarieh Nicolas, worth $104,102 on Monday, May 21. On Thursday, January 25 the insider Pitcher Jed H sold $3,800. On Wednesday, June 6 $1.14M worth of stock was sold by McGarry Steven. Puleo Frank C also sold $53,557 worth of SLM Corporation (NASDAQ:SLM) shs. On Wednesday, January 24 Shares for $1.44 million were sold by Lutz Laurent Charles. Shares for $142,934 were sold by Thome Paul F.

SLM Corporation (NASDAQ:SLM) is expected to report earnings on July, 18., according to RTT. EPS of $0.23 is 43.75 % up from 2017’s $0.16 EPS. If $0.23 is reported, SLM’s profit will hit $100.10M for 12.55 P/E. Wall Street predicts -14.81 % negative EPS growth as of July, 18. Ticker’s shares touched $11.55 during the last trading session after 0.35% change.Currently SLM Corporation is uptrending after 9.32% change in last June 27, 2017. SLM has also 1.22M shares volume. SLM underperformed the S&P 500 by 3.25%.

SLM Corporation (NASDAQ:SLM) Ratings Coverage

A total of 6 analysts rate SLM Corporation (NASDAQ:SLM) as follows: 5 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 83% are bullish. (NASDAQ:SLM) has 9 ratings reports on Jun 27, 2018 according to StockzIntelligence. In Wednesday, January 10 report Jefferies maintained the stock with “Buy” rating. On Thursday, April 12 the stock has “Buy” rating by Oppenheimer. On Thursday, January 18 BMO Capital Markets maintained SLM Corporation (NASDAQ:SLM) rating. BMO Capital Markets has “Hold” rating and $13.0 target. On Wednesday, May 30 Wedbush maintained SLM Corporation (NASDAQ:SLM) rating. Wedbush has “Outperform” rating and $14.25 target. On Monday, January 8 the stock of SLM Corporation (NASDAQ:SLM) has “Buy” rating given by Oppenheimer. In Tuesday, April 24 report BMO Capital Markets maintained the stock with “Hold” rating. On Thursday, January 4 BMO Capital Markets maintained SLM Corporation (NASDAQ:SLM) with “Hold” rating.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college firm in the United States.The firm is valued at $5.03 billion. It offers private education loans to students and their families.18.63 is the P/E ratio. The firm also provides banking products, such as certificates of deposits, money market deposit accounts, and high yield savings accounts; and a consumer savings network that offers financial rewards on everyday purchases to help families save for college.

There’s a significant SLM Corporation (NASDAQ:SLM) news posted by Businesswire.com. It’s an item titled: “Sallie Mae Bank Awards $120000 in College Scholarships to Utah Students” on June 26, 2018.

SLM Corporation (NASDAQ:SLM) Institutional Investors Chart

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