EPS for SLM Corporation (SLM) Expected At $0.23

June 15, 2018 - By Matt Thomas

SLM Corporation (NASDAQ:SLM) LogoInvestors sentiment decreased to 0.68 in Q1 2018. Its down 0.45, from 1.13 in 2017Q4. It dropped, as 46 investors sold SLM Corporation shares while 90 reduced holdings. 32 funds opened positions while 60 raised stakes. 433.58 million shares or 2.67% more from 422.29 million shares in 2017Q4 were reported.
Columbia Prns L L C Invest Mngmt accumulated 0.02% or 12,175 shares. State Of Wisconsin Invest Board reported 0% stake. The Ohio-based Huntington State Bank has invested 0% in SLM Corporation (NASDAQ:SLM). Baystate Wealth accumulated 60 shares. Cubist Systematic Strategies Ltd Llc reported 22,012 shares or 0.01% of all its holdings. Fmr Ltd Liability Corp holds 0.03% or 24.68M shares in its portfolio. The Illinois-based North Star Investment Mngmt has invested 0% in SLM Corporation (NASDAQ:SLM). Channing Cap Mgmt Ltd Liability has 1.98 million shares. Geode Capital Limited Liability has invested 0.01% in SLM Corporation (NASDAQ:SLM). Cibc Asset Management reported 14,809 shares stake. Glenmede Trust Com Na holds 2,228 shares. Federated Investors Pa reported 0% of its portfolio in SLM Corporation (NASDAQ:SLM). Ejf Capital Limited Company reported 0.32% stake. Td Asset Mgmt invested 0.01% in SLM Corporation (NASDAQ:SLM). Cipher Capital Lp holds 0.16% or 116,165 shares.

Since January 24, 2018, it had 0 insider buys, and 12 sales for $4.78 million activity. Pitcher Jed H sold 330 shares worth $3,800. 4,585 shares valued at $53,557 were sold by Puleo Frank C on Monday, April 30. 8,911 shares were sold by Jafarieh Nicolas, worth $104,102. Another trade for 8,640 shares valued at $99,360 was made by GOODE EARL A on Thursday, January 25. Another trade for 40,000 shares valued at $452,350 was sold by Lutz Laurent Charles. 37,807 shares valued at $423,854 were sold by Dale Jeffrey on Monday, March 5.

Analysts expect SLM Corporation (NASDAQ:SLM) to report $0.23 EPS on July, 18.They anticipate $0.07 EPS change or 43.75 % from last quarter’s $0.16 EPS. SLM’s profit would be $100.10 million giving it 12.62 P/E if the $0.23 EPS is correct. After having $0.27 EPS previously, SLM Corporation’s analysts see -14.81 % EPS growth. The stock decreased 0.43% or $0.05 during the last trading session, reaching $11.61. About 1.57M shares traded. SLM Corporation (NASDAQ:SLM) has risen 9.32% since June 15, 2017 and is uptrending. It has underperformed by 3.25% the S&P500.

SLM Corporation (NASDAQ:SLM) Ratings Coverage

Among 7 analysts covering SLM Corporation (NASDAQ:SLM), 6 have Buy rating, 0 Sell and 1 Hold. Therefore 86% are positive. SLM Corporation had 10 analyst reports since December 21, 2017 according to SRatingsIntel. BMO Capital Markets maintained the stock with “Hold” rating in Tuesday, April 24 report. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. On Thursday, January 18 the stock rating was maintained by BMO Capital Markets with “Hold”. The rating was maintained by Wedbush on Wednesday, May 30 with “Outperform”. Jefferies maintained it with “Buy” rating and $16.0 target in Wednesday, January 10 report. Oppenheimer initiated the stock with “Buy” rating in Monday, January 8 report. BMO Capital Markets maintained it with “Hold” rating and $15.0 target in Thursday, January 4 report. The firm has “Buy” rating by Oppenheimer given on Thursday, April 12.

SLM Corporation, together with its subsidiaries, operates as a saving, planning, and paying for college firm in the United States. The company has market cap of $5.05 billion. It offers private education loans to students and their families. It has a 18.73 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.

SLM Corporation (NASDAQ:SLM) Institutional Positions Chart

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