SLM Corporation, through its subsidiaries, originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts; and omnibus accounts. The company was formerly known as New BLC Corporation and changed its name to SLM Corporation in December 2013. SLM Corporation was founded in 1972 and is headquartered in Newark, Delaware.
IPO Year:
Exchange: NASDAQ
Website: salliemae.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/30/2026 | $22.00 | Sell → Neutral | Compass Point |
| 1/12/2026 | $25.00 | Neutral → Underweight | Analyst |
| 12/9/2025 | $31.00 | Overweight → Equal-Weight | Morgan Stanley |
| 12/9/2025 | $23.00 | Buy → Sell | Compass Point |
| 10/7/2025 | $29.00 | Overweight → Neutral | Analyst |
| 8/25/2025 | $38.00 | Overweight | Wells Fargo |
| 7/11/2025 | $38.00 | Neutral → Overweight | Analyst |
| 12/9/2024 | $27.00 → $30.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 9/25/2024 | $27.00 | Buy | BofA Securities |
| 1/16/2024 | $14.00 → $23.00 | Neutral → Buy | Citigroup |
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Compass Point upgraded Sallie Mae from Sell to Neutral and set a new price target of $22.00
Analyst downgraded Sallie Mae from Neutral to Underweight and set a new price target of $25.00
Morgan Stanley downgraded Sallie Mae from Overweight to Equal-Weight and set a new price target of $31.00
Compass Point downgraded Sallie Mae from Buy to Sell and set a new price target of $23.00
Analyst downgraded Sallie Mae from Overweight to Neutral and set a new price target of $29.00
Wells Fargo resumed coverage of Sallie Mae with a rating of Overweight and set a new price target of $38.00
Analyst upgraded Sallie Mae from Neutral to Overweight and set a new price target of $38.00
Keefe Bruyette downgraded Sallie Mae from Outperform to Mkt Perform and set a new price target of $30.00 from $27.00 previously
BofA Securities initiated coverage of Sallie Mae with a rating of Buy and set a new price target of $27.00
Citigroup upgraded Sallie Mae from Neutral to Buy and set a new price target of $23.00 from $14.00 previously
Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.
4 - SLM Corp (0001032033) (Issuer)
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4 - SLM Corp (0001032033) (Issuer)
4 - SLM Corp (0001032033) (Issuer)
Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.
4 - SLM Corp (0001032033) (Issuer)
4 - SLM Corp (0001032033) (Issuer)
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Twenty Scholarships Worth Up to $200,000 Will be Awarded to Students Pursuing Advanced Degrees Through The Bridging the Dream Scholarship for Graduate Students The Sallie Mae Fund Also Offering Scholarships to Help Undergraduate Students Complete Their Education Through its Completing the Dream Scholarship Program The Sallie Mae Fund today announced it is expanding its Bridging the Dream Scholarship for Graduate Students. The Sallie Mae Fund is doubling the number of scholarships available, now offering 20 scholarships of up to $10,000 each to help students complete their graduate program across fields including nursing, healthcare, law, and education. Eligible applicants must be enro
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced Co-President and Chief Financial Officer Pete Graham will speak at the 2026 Morgan Stanley US Financials Conference on Wednesday, June 10, at 7:30 a.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals and experiences, beyond college, happen. Learn more at SallieMae.com. Commonly known as Sallie Mae, SLM Cor
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation ("SLM" or the "Company"), announced today the final results and expiration of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.125% senior notes (the "Notes") upon the terms and conditions described in the Company's Offer to Purchase, dated May 6, 2026 (the "Offer to Purchase"). Capitalized terms used and not defined herein shall have the meaning ascribed to them in the Offer to Purchase. As of 5 p.m., New York City time, on May 12, 2026, the Expiration Time for the Tender Offer, the Company had received tenders for an aggregate principal amount of $448,412,000 of Notes outstandi
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation ("SLM" or the "Company"), announced today the pricing terms of its previously announced cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.125% senior notes (the "Notes") upon the terms and conditions described in the Company's Offer to Purchase, dated May 6, 2026 (the "Offer to Purchase"). Set forth in the table below is the purchase price (the "Purchase Price") for the Notes, as calculated at 2 p.m., New York City time, on May 12, 2026, in accordance with the Offer to Purchase: Title of Security CUSIP/ISIN Number Principal Amount Outstanding U.S. Treasury Reference Security
Company Offers Competitive Interest Rates, No Origination Fees, and Multiple Repayment Options Ahead of Changes to Federal Student Loan Program Expanded Access to Graduate and Law Loans Follow Recent Enhancements to Medical School and Dental School Financing Options Sallie Mae (NASDAQ:SLM) today announced expanded access to responsible financing for students pursuing graduate and law degrees. The Sallie Mae ® Graduate Loan and Sallie Mae ® Law School Loan offer competitive interest rates, no origination fees, and multiple repayment options during school, and can cover up to 100% of the school-certified cost of attendance. Graduate and professional programs vary in cost, length, and st
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, announced that it priced its public offering of $500 million aggregate principal amount of 6.495% Fixed-to-Floating Rate Senior Notes due 2032 (the "Senior Notes") at par. J.P. Morgan Securities LLC and Barclays Capital Inc. are acting as joint book-running managers. BofA Securities, Inc., Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, and RBC Capital Markets, LLC are acting as co-managers. The Senior Notes are expected to be issued on May 15, 2026, subject to customary closing conditions. SLM Corporation intends to use the net proceeds from the offering to fund the purchase of up to $500 million in aggregate principal amount of its
Sallie Mae® (NASDAQ:SLM), formally SLM Corporation ("SLM" or the "Company") announced today the commencement of a cash tender offer (the "Tender Offer") to purchase any and all of its outstanding 3.125% senior notes (the "Notes") upon the terms and conditions described in the Company's Offer to Purchase, dated May 6, 2026 (the "Offer to Purchase"). Certain information regarding the Notes and the U.S. Treasury Reference Security, the Bloomberg reference page and the fixed spread is set forth in the table below. Title of Security CUSIP/ISIN Number Principal Amount Outstanding U.S. Treasury Reference Security Bloomberg Reference Page Fixed Spread (basis
‘How America Plans for College 2026' Shows More Families Are Planning and Saving for College, and Eight in 10 Families Believe It's Worth the Cost Nearly all high school students (95%) say they plan to continue their education after graduation, 90% of those families believe it's an investment in the student's future, and 82% say it's worth the cost, according to How America Plans for College 2026, a new national study from Sallie Mae and Ipsos. The survey of more than 2,000 U.S. high school students and parents of high school students found 83% of families considering higher education are willing to stretch financially for the best higher education opportunities and nearly three in four
Sallie Mae Shares Guidance to Help Students Make Confident, Informed College Financing Decisions High school seniors across the country are celebrating College Decision Day by making the long-anticipated commitment on where to attend college this fall. For many families, however, the decision isn't only about where to go—it's also about what that choice means financially and for long-term success. Cost remains one of the most influential factors in college selection, but it doesn't tell the whole story. Families are also weighing overall fit and outcomes. Sallie Mae offers the following guidance on what to consider when choosing a college, university, or program after high school: S
Complaint alleges Sallie Mae established a plan and scheme to circumvent federal data-privacy protections related to the use and disclosure of student data, and retaliated against the executive who reported it.WILMINGTON, Del., April 29, 2026 /PRNewswire/ -- Christopher Gray, founder of scholarship-matching platform Scholly and current CEO of AI test-prep platform Path, has filed a whistleblower and data-privacy lawsuit against SLM Corporation (NASDAQ:SLM), the parent company of Sallie Mae Bank, and its non-bank subsidiary SLM Education Services, LLC, in Delaware Superior Court. The complaint alleges that Sallie Mae built a deliberate corporate structure to sell the personal data of millions
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Better Home & Finance Holding Company (NASDAQ:BETR, BETRW)) ("Better" or the "Company") announced the appointment of Barry Feierstein as Better's Chief Operating Officer (COO). Mr. Feierstein will oversee Better's core Corporate Operations to help drive alignment and efficiency across the organization. "We're thrilled to have Barry on board as Better's new COO. His background brings a rare combination of entrepreneurial spirit and operational discipline that will strengthen Better's leadership team as we scale the company in 2026," said Vishal Garg, CEO and Founder of Better. "During this pivotal moment of growth, Barry will play a critical role in driving the execution of our strategic bu
Dr. Daniel Greenstein Brings Extensive Experience in Higher Education Strategy and Innovation to the Board Mr. Gary Millerchip Brings Decades of Experience in Finance, Retail Banking, and Corporate Strategy to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointments of Dr. Daniel Greenstein and Mr. Gary Millerchip to its board of directors, effective April 23, 2025. Dr. Greenstein brings decades of experience in higher education strategy, innovation, and transformation to the Board. He currently serves as Managing Director, Higher Education at Baker Tilly (US), a position he has held since November 2024. Before joining Baker Tilly (US), he served as
Mr. Greig Brings Decades of Experience in Financial Services, Risk Management, Strategy, and Operations to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointment of Henry Greig to its board of directors, effective January 12, 2025. Mr. Greig brings decades of industry experience in financial services, risk management, strategy, and operations to the Board. He held various positions at Synchrony Financial from 2014-2023, including Chief Credit Officer, Chief Risk Officer, and Executive Vice President. Prior to Synchrony Financial, he worked for GE Capital from 1988-2014 serving in various roles, including Senior Vice President and Chief Risk Officer
Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins Bring Decades of Experience in Technology, Marketing, Operations, and Growth Strategy to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointments of Dr. Janaki Akella, Christopher T. Leech, and Shannon Watkins to its board of directors, effective Jan. 2, 2024. Dr. Akella adds significant experience in technology and growth strategy to the Board. She held various positions of increasing responsibility at Google, including Head of Digital Transformation, until March 2023. Prior to Google, Dr. Akella worked at McKinsey & Company serving as a partner advising clients across multiple industries
—Premier customer engagement SaaS provider taps top technology executive with track record of success to lead company's continued growth— Engageware, the industry-leading provider of customer engagement software for financial institutions, today announced that it has appointed Nina Vellayan as Chief Executive Officer (CEO). Vellayan brings more than 25 years of experience and a proven track record of success in leading software and technology businesses. As CEO, Vellayan's visionary approach and effective leadership style will further propel Engageware's ability to scale to meet market demand as the company reports record annual recurring revenue and profitability. Engageware provides ind
Mr. Blackley Brings Significant Financial Services and Operations Experience to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointment of R. Scott Blackley to its board of directors, effective immediately. Mr. Blackley has been Chief Financial Officer at Oscar Health, Inc. since March 2021, and effective December 1, will step into a new role as Oscar's Chief Transformation Officer overseeing operations, corporate strategy, and the company's +Oscar business. He brings decades of experience in financial services, risk management, strategy, and operations to the Sallie Mae board having also served as Chief Financial Officer at Capital One Financial Corp
Former Shazam CEO and Chairman, Andrew Fisher, to become Chairperson of the Board; Andrew succeeds Vania Schlogel who will remain on the board as a director Former Salesforce.com and Docusign executive Kirsten Wolberg and former Google and Dropbox executive Adrienne Gormley appointed to the board in November 2021 Bolstering board gears company for next chapter of growth, comments Epidemic Sound's CEO and founder, Oscar Hoglund Epidemic Sound today announces the appointment of Andrew Fisher, former CEO and Chairman of Shazam, as Chairperson of the Epidemic Sound board with immediate effect. He will succeed Vania Schlogel who will remain on the board as a director. Andrew brings a b
Mr. Ramsey Brings More than 30 Years of Experience in Financial Services and Risk Management to the Board Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, today announced the appointment of Samuel Ramsey to its board of directors, effective immediately. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211104006266/en/(Graphic: Business Wire) Mr. Ramsey joins the Board bringing more than 30 years of experience in consumer and commercial banking, with expertise in risk management, finance, treasury, and the capital markets. He has served as Chief Risk Officer for Chase, the consumer and small business organization within JP Morg
Aiken Will Oversee Company's Diversity, Equity, and Inclusion Efforts and Focus on Attracting, Developing, and Empowering a Diverse Workforce Sallie Mae® (NASDAQ:SLM) today announced Lori Aiken as the company's Chief Diversity Officer. Aiken will lead the company's diversity, equity, and inclusion efforts, including the hiring and development of a diverse workforce and reinforcing the company's inclusive culture. "Increasing access and opportunity through higher education is core to who we are at Sallie Mae," said Aiken. "By ensuring an environment where our people thrive, we can continue to advocate for students and families, from all backgrounds, who aspire to forge their future through
NEWARK, Del.--(BUSINESS WIRE)--Sallie Mae® (Nasdaq: SLM), formally SLM Corporation, today announced the appointment of Ted Manvitz to its board of directors, effective immediately. Mr. Manvitz joins the Board with more than 20 years of experience in strategic advice, senior executive management, operations, and capital markets. He spent the last ten years at IHS Holding Plc, where he held a variety of roles including chief operating officer, chief investment officer, chief financial officer, and chief strategy officer. He was instrumental in transforming IHS from a regional managed services company to the fourth largest independent developer and owner of telecommunications infras
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Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released first quarter 2026 financial results and raised full-year 2026 diluted earnings per common share guidance. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423030889/en/ Sallie Mae will host an earnings conference call today, April 23, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sal
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2026 second-quarter dividend on its Preferred Stock Series B of $1.4269028 per share. The company also announced a second-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on June 15, 2026, to the respective stockholders of record at the close of business on June 4, 2026. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new goals
Webcast Scheduled for Thursday, April 23, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release first-quarter 2026 financial results after market close on Thursday, April 23, 2026. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and k
Board of Directors Approves New $500 Million Share Repurchase Program Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released fourth quarter and full-year 2025 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260122083994/en/ Sallie Mae will host an earnings conference call today, Jan. 22, 2026, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and year and to answe
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2026 first-quarter dividend on its Preferred Stock Series B of $1.4327141 per share. The company also announced a 2026 first-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on March 16, 2026, to the respective stockholders of record at the close of business on March 5, 2026. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new
Webcast Scheduled for Thursday, Jan. 22, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release fourth-quarter and full-year 2025 financial results after market close on Thursday, Jan. 22, 2026. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide fi
Webcast and Conference Call Scheduled for Monday, Dec. 8 at 5 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will host an investor forum on Monday, Dec. 8, 2025 at 5 p.m. ET. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. For those dialing in or participating in the question-and-answer portion of the investor forum, please pre-register beginning today. Once registered, participants will be provided with a dial-in number with a personalized conference code to access the call. A replay of the investor forum will be available on SallieMae.
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today released third quarter 2025 financial results. Complete financial results and related materials are available at www.SallieMae.com/investors. The materials will also be available on the Securities and Exchange Commission's website at www.sec.gov. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251023644980/en/ Sallie Mae will host an earnings conference call today, Oct. 23, 2025, at 5:30 p.m. ET. Executives will be on hand to discuss various highlights of the quarter and to answer questions related to Sallie Mae's performance. A live audio webcast of the conference call and
Sallie Mae (NASDAQ:SLM), formally SLM Corporation, today announced a 2025 fourth-quarter dividend on its Preferred Stock Series B of $1.5121799 per share. The company also announced a 2025 fourth-quarter dividend on its common stock of $0.13 per share. Both preferred stock and common stock dividends will be paid on Dec. 15, 2025, to the respective stockholders of record at the close of business on Dec. 4, 2025. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and know-how to support access to college and offer products and resources to help customers make new
Webcast Scheduled for Thursday, Oct. 23, at 5:30 p.m. ET Sallie Mae® (NASDAQ:SLM), formally SLM Corporation, will release third-quarter 2025 financial results after market close on Thursday, Oct. 23, 2025. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. Investors should log in at least 15 minutes prior to the broadcast. The earnings news release will be available at SallieMae.com/investors. A replay will also be available on the site. Sallie Mae (NASDAQ:SLM) believes education and life-long learning, in all forms, help people achieve great things. As the leader in private student lending, we provide financing and kno