$0.24 EPS Expected for SLM Corporation (SLM)

March 20, 2018 - By Nellie Frank

 $0.24 EPS Expected for SLM Corporation (SLM)
Investors sentiment decreased to 1.2 in Q3 2017. Its down 0.07, from 1.27 in 2017Q2. It turned negative, as 33 investors sold SLM Corporation shares while 69 reduced holdings. 28 funds opened positions while 94 raised stakes. 424.24 million shares or 0.87% more from 420.58 million shares in 2017Q2 were reported.
Weaver C Barksdale Associate accumulated 620 shares or 0.01% of the stock. Advisory Service invested in 0.01% or 5,061 shares. Howe & Rusling has 0% invested in SLM Corporation (NASDAQ:SLM). Schwab Charles Inv Mngmt has invested 0.02% in SLM Corporation (NASDAQ:SLM). Columbia Partners L L C Invest Management has 0.21% invested in SLM Corporation (NASDAQ:SLM) for 138,039 shares. Discovery Capital Ltd Limited Liability Company Ct reported 8.33 million shares or 2.28% of all its holdings. Capstone Invest Advsr Ltd Company has invested 0.01% in SLM Corporation (NASDAQ:SLM). Washington Management Inc reported 12,383 shares. Glob X Mngmt Ltd Com holds 6,156 shares. Barrow Hanley Mewhinney & Strauss Limited Liability Corporation holds 0.61% of its portfolio in SLM Corporation (NASDAQ:SLM) for 35.44 million shares. Assetmark, a California-based fund reported 1,255 shares. M&T State Bank stated it has 0% of its portfolio in SLM Corporation (NASDAQ:SLM). 350,551 were accumulated by Mutual Of America Capital Mgmt Limited Com. Wells Fargo And Mn holds 0.04% in SLM Corporation (NASDAQ:SLM) or 11.56 million shares. Verition Fund Mngmt Ltd Com reported 15,143 shares stake.

Since January 24, 2018, it had 0 insider buys, and 8 sales for $3.43 million activity. Dale Jeffrey sold 37,807 shares worth $423,854. Lutz Laurent Charles sold $1.44M worth of stock. 8,640 shares valued at $99,360 were sold by GOODE EARL A on Thursday, January 25. Pitcher Jed H sold $3,800 worth of SLM Corporation (NASDAQ:SLM) on Thursday, January 25. $707,270 worth of SLM Corporation (NASDAQ:SLM) shares were sold by Boyles Jonathan. $160,788 worth of SLM Corporation (NASDAQ:SLM) was sold by McGarry Steven.

Analysts expect SLM Corporation (NASDAQ:SLM) to report $0.24 EPS on April, 18.They anticipate $0.03 EPS change or 14.29 % from last quarter’s $0.21 EPS. SLM’s profit would be $104.05M giving it 11.65 P/E if the $0.24 EPS is correct. After having $0.19 EPS previously, SLM Corporation’s analysts see 26.32 % EPS growth. The stock decreased 1.76% or $0.2 during the last trading session, reaching $11.18. About 3.02 million shares traded. SLM Corporation (NASDAQ:SLM) has risen 78.01% since March 21, 2017 and is uptrending. It has outperformed by 61.31% the S&P500.

SLM Corporation (NASDAQ:SLM) Ratings Coverage

Among 11 analysts covering Sallie Mae (NASDAQ:SLM), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 91% are positive. Sallie Mae had 24 analyst reports since October 12, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”. Oppenheimer initiated it with “Buy” rating and $17.0 target in Monday, January 8 report. The stock of SLM Corporation (NASDAQ:SLM) has “Overweight” rating given on Monday, November 30 by JP Morgan. The rating was maintained by Compass Point with “Buy” on Monday, October 12. The firm earned “Hold” rating on Thursday, January 18 by BMO Capital Markets. The firm has “Hold” rating by BMO Capital Markets given on Thursday, January 4. Jefferies maintained SLM Corporation (NASDAQ:SLM) on Thursday, September 7 with “Buy” rating. BMO Capital Markets maintained SLM Corporation (NASDAQ:SLM) on Friday, October 6 with “Hold” rating. Citigroup initiated the stock with “Buy” rating in Monday, October 16 report. The stock of SLM Corporation (NASDAQ:SLM) earned “Hold” rating by BMO Capital Markets on Thursday, July 20.

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 $4.85 billion. It offers private education loans to students and their families. It has a 18.03 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.

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