SLM CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21.9 USD | -0.14% |
|
+3.84% | +14.54% |
| Apr. 25 | Wedbush Raises Price Target on SLM to $28 From $26, Keeps Outperform Rating | MT |
| Apr. 25 | RBC Lifts Price Target on SLM to $25 From $24, Keeps Outperform Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,762 | 4,649 | 5,767 | 4,153 | 4,326 | 4,824 | - | - |
| Enterprise Value (EV) 1 | 26,968 | 27,895 | 27,981 | 26,064 | 26,907 | 16,496 | 17,332 | 5,075 |
| P/E ratio | 6.85 x | 5.51 x | 5.45 x | 9.43 x | 7.93 x | 8.04 x | 7.52 x | 6.89 x |
| Yield | 1.35% | 0.97% | 1.02% | 2.65% | 2.3% | 2.03% | 2.19% | 2.74% |
| Capitalization / Revenue | 2.32 x | 3.14 x | 4.13 x | 2.79 x | 2.77 x | 3.34 x | 3.19 x | 2.85 x |
| EV / Revenue | 16.6 x | 18.8 x | 20.1 x | 17.5 x | 17.2 x | 11.4 x | 11.5 x | 3 x |
| EV / EBITDA | - | - | - | - | 23 x | 19.4 x | 20.4 x | 6.11 x |
| EV / FCF | - | - | - | - | - | 28.5 x | - | - |
| FCF Yield | - | - | - | - | - | 3.51% | - | - |
| Price to Book | 1.13 x | 1.81 x | 2.55 x | 2.51 x | 2.24 x | 2.45 x | 2.12 x | 1.89 x |
| Nbr of stocks (in thousands) | 422,169 | 375,238 | 293,177 | 250,197 | 226,271 | 220,276 | - | - |
| Reference price 2 | 8.910 | 12.39 | 19.67 | 16.60 | 19.12 | 21.90 | 21.90 | 21.90 |
| Announcement Date | 1/22/20 | 1/27/21 | 1/26/22 | 2/1/23 | 1/24/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,623 | 1,480 | 1,395 | 1,489 | 1,562 | 1,445 | 1,511 | 1,691 |
| EBITDA 1 | - | - | - | - | 1,169 | 848.3 | 849 | 831.1 |
| EBIT 1 | 1,098 | 1,247 | 1,507 | 1,264 | 1,124 | 940.3 | 914.6 | 828.1 |
| Operating Margin | 67.64% | 84.27% | 108.07% | 84.91% | 71.93% | 65.06% | 60.51% | 48.97% |
| Earnings before Tax (EBT) 1 | 743.7 | 1,154 | 1,540 | 630.7 | 778.3 | 812.2 | 806.3 | 806 |
| Net income 1 | 561 | 871 | 1,156 | 460 | 563.7 | 595.3 | 590.6 | 595.5 |
| Net margin | 34.56% | 58.85% | 82.87% | 30.9% | 36.08% | 41.19% | 39.07% | 35.22% |
| EPS 2 | 1.300 | 2.250 | 3.610 | 1.760 | 2.410 | 2.723 | 2.913 | 3.180 |
| Free Cash Flow 1 | - | - | - | - | - | 578.4 | - | - |
| FCF margin | - | - | - | - | - | 40.02% | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | 68.18% | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | 97.16% | - | - |
| Dividend per Share 2 | 0.1200 | 0.1200 | 0.2000 | 0.4400 | 0.4400 | 0.4450 | 0.4800 | 0.6000 |
| Announcement Date | 1/22/20 | 1/27/21 | 1/26/22 | 2/1/23 | 1/24/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 367.4 | 375 | 362.8 | 369.5 | 381.4 | 405.1 | 386.6 | 384.6 | 385.9 | 387 | 353.7 | 348.4 | 363.3 | 383 | 385.2 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT 1 | - | - | 486.9 | 312.3 | 200.7 | 270 | 374.3 | 238.6 | 240.9 | 399.5 | 243 | 276 | 237 | 312 | 243 |
| Operating Margin | - | - | 134.21% | 84.52% | 52.62% | 66.65% | 96.8% | 62.04% | 62.42% | 103.23% | 68.71% | 79.21% | 65.23% | 81.46% | 63.08% |
| Earnings before Tax (EBT) 1 | 409.9 | 166.2 | 456.4 | 104.7 | -96.54 | 155.9 | 356.5 | 40.61 | 225.3 | 387.5 | 126.8 | 132.6 | 164.8 | 264.3 | 161.9 |
| Net income 1 | 305.1 | 127.5 | 340.3 | 72.64 | -80.51 | 114.5 | 260.8 | 24.72 | 163.7 | 285.3 | 91.2 | 95.57 | 119.5 | 195.9 | 118.7 |
| Net margin | 83.05% | 34.01% | 93.8% | 19.66% | -21.11% | 28.26% | 67.45% | 6.43% | 42.43% | 73.71% | 25.79% | 27.43% | 32.88% | 51.13% | 30.8% |
| EPS 2 | 1.040 | 0.4500 | 1.290 | 0.2900 | -0.3300 | 0.4700 | 1.100 | 0.1100 | 0.7200 | 1.270 | 0.4294 | 0.4956 | 0.5582 | 0.8009 | 0.7706 |
| Dividend per Share 2 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1100 | 0.1200 | 0.1200 |
| Announcement Date | 1/26/22 | 4/27/22 | 7/27/22 | 10/26/22 | 2/1/23 | 4/26/23 | 7/26/23 | 10/25/23 | 1/24/24 | 4/24/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 23,206 | 23,246 | 22,214 | 21,910 | 22,581 | 11,672 | 12,508 | 251 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | 19.32 x | 13.76 x | 14.73 x | 0.3021 x |
| Free Cash Flow 1 | - | - | - | - | - | 578 | - | - |
| ROE (net income / shareholders' equity) | 17.9% | 29.7% | 49.1% | 23.7% | 35.8% | 33% | 31% | 28.7% |
| ROA (Net income/ Total Assets) | 1.9% | 2.8% | 3.9% | 1.6% | 2% | 2.04% | 1.91% | 1.7% |
| Assets 1 | 29,526 | 31,106 | 29,635 | 28,749 | 28,184 | 29,159 | 30,851 | 35,031 |
| Book Value Per Share 2 | 7.860 | 6.830 | 7.710 | 6.600 | 8.540 | 8.940 | 10.30 | 11.60 |
| Cash Flow per Share | 2.320 | 2.270 | 3.630 | 1.790 | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 1/22/20 | 1/27/21 | 1/26/22 | 2/1/23 | 1/24/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
21.9
USD
Average target price
24.91
USD
Spread / Average Target
+13.74%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +14.54% | 4.82B | |
| +0.56% | 2.59B | |
| +11.92% | 2.16B | |
| -4.30% | 1.12B | |
| +9.82% | 741M | |
| +6.56% | 542M | |
| -7.07% | 281M | |
| +3.16% | 238M | |
| +29.91% | 183M | |
| +5.08% | 185M |
- Stock Market
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- SLM Stock
- Financials SLM Corporation
