SLM Corporation (SLM)
NASDAQ: SLM · IEX Real-Time Price · USD
20.70
-0.46 (-2.20%)
May 20, 2024, 3:11 PM EDT - Market open
SLM Corporation Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for SLM Corporation stock have an average target of 21.14, with a low estimate of 14 and a high estimate of 28. The average target predicts an increase of 2.15% from the current stock price of 20.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for SLM stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 3 | 3 | 3 | 3 | 3 |
| Buy | 7 | 6 | 6 | 6 | 5 | 5 |
| Hold | 4 | 4 | 4 | 4 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 13 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wedbush | Wedbush | Buy Reiterates $28 | Buy | Reiterates | $28 | +35.30% | May 16, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $22 → $23 | Hold | Maintains | $22 → $23 | +11.14% | Apr 25, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $24 → $25 | Buy | Maintains | $24 → $25 | +20.80% | Apr 25, 2024 |
| Wedbush | Wedbush | Buy Maintains $26 → $28 | Buy | Maintains | $26 → $28 | +35.30% | Apr 25, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $22 → $24 | Buy | Maintains | $22 → $24 | +15.97% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
1.58B
from 1.46B
Increased by 8.14%
Revenue Next Year
1.66B
from 1.58B
Increased by 4.74%
EPS This Year
2.71
from 2.41
Increased by 12.48%
EPS Next Year
2.92
from 2.71
Increased by 7.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.9B | 2.0B | 2.1B |
| Avg | 1.6B | 1.7B | 1.9B |
| Low | 1.4B | 1.4B | 1.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 31.3% | 28.5% | 27.1% |
| Avg | 8.1% | 4.7% | 14.2% |
| Low | -1.5% | -11.9% | -0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.94 | 3.26 | 3.52 |
| Avg | 2.71 | 2.92 | 3.18 |
| Low | 2.57 | 2.70 | 2.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.8% | 20.2% | 20.4% |
| Avg | 12.5% | 7.8% | 8.7% |
| Low | 6.5% | -0.6% | 0.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.