Analysts See $0.16 EPS for SLM Corp (SLM)

September 17, 2017 - By Vivian Currie

 Analysts See $0.16 EPS for SLM Corp (SLM)
Investors sentiment decreased to 1.07 in Q4 2016. Its down 0.09, from 1.16 in 2016Q3. It dropped, as 22 investors sold SLM Corp shares while 96 reduced holdings. 50 funds opened positions while 76 raised stakes. 418.95 million shares or 0.48% less from 420.96 million shares in 2016Q3 were reported.
State Treasurer State Of Michigan holds 172,425 shares or 0.02% of its portfolio. Cadence Cap reported 15,457 shares. Manchester Mngmt Limited Liability reported 1,261 shares. 10,200 are held by Advsrs Asset. Winslow Evans Crocker Inc invested in 0% or 312 shares. Ww Asset Mgmt holds 0.01% or 33,623 shares in its portfolio. Natixis, a France-based fund reported 1.32M shares. Jane Street Group Limited Liability invested 0% in SLM Corp (NASDAQ:SLM). Legal And General Grp Inc Public Limited Liability Com has 0.01% invested in SLM Corp (NASDAQ:SLM) for 686,576 shares. Clinton Grp Inc Inc has 121,041 shares for 0.08% of their portfolio. Brinker Capital stated it has 0.01% of its portfolio in SLM Corp (NASDAQ:SLM). Blackrock Japan Ltd stated it has 0% of its portfolio in SLM Corp (NASDAQ:SLM). Dimensional Fund Advisors Lp holds 7.39M shares or 0.04% of its portfolio. Fmr Limited Liability Corp holds 0.05% or 35.77M shares in its portfolio. Canada Pension Plan Invest Board holds 0% of its portfolio in SLM Corp (NASDAQ:SLM) for 16,900 shares.

Wall Street await SLM Corp (NASDAQ:SLM) to release earnings on October, 18. Analysts forecast earnings per share of $0.16, up exactly $0.04 or 33.33 % from 2014’s $0.12 EPS. The expected SLM’s profit could reach $69.02M giving the stock 16.73 P/E in the case that $0.16 earnings per share is reported. After posting $0.16 EPS for the previous quarter, SLM Corp’s analysts now forecast 0.00 % EPS growth. The stock increased 0.85% or $0.09 on September 15, reaching $10.71. About 3.74M shares traded or 73.15% up from the average. SLM Corp (NASDAQ:SLM) has risen 78.01% since September 17, 2016 and is uptrending. It has outperformed by 61.31% the S&P500.

SLM Corp (NASDAQ:SLM) Ratings Coverage

Among 9 analysts covering Sallie Mae (NASDAQ:SLM), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. Sallie Mae had 16 analyst reports since October 12, 2015 according to SRatingsIntel. Citigroup initiated the stock with “Buy” rating in Thursday, July 14 report. FBR Capital initiated it with “Outperform” rating and $13 target in Friday, December 2 report. FBR Capital maintained SLM Corp (NASDAQ:SLM) on Wednesday, July 19 with “Buy” rating. The company was maintained on Wednesday, August 23 by BMO Capital Markets. The rating was maintained by Wedbush on Friday, July 21 with “Buy”. The firm has “Buy” rating given on Tuesday, May 30 by Credit Suisse. Compass Point maintained SLM Corp (NASDAQ:SLM) on Monday, October 12 with “Buy” rating. The firm has “Outperform” rating by Wedbush given on Tuesday, January 31. Jefferies initiated SLM Corp (NASDAQ:SLM) rating on Wednesday, December 7. Jefferies has “Buy” rating and $12.50 target. Compass Point maintained the stock with “Buy” rating in Thursday, January 21 report.

SLM Corporation is a holding company. The company has market cap of $4.62 billion. The Company’s primary business is to originate and service loans it makes to students and their families to finance the cost of their education. It has a 17.17 P/E ratio. The Firm is a saving, planning and paying for college company.

More news for SLM Corp (NASDAQ:SLM) were recently published by: Seekingalpha.com, which released: “SLM Corp Significantly Undervalued” on August 30, 2017. Seekingalpha.com‘s article titled: “SLM’s (SLM) Management Presents at Barclays Global Financial Services …” and published on September 13, 2017 is yet another important article.

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