SLM (SLM) Projected to Post Quarterly Earnings on Thursday

SLM (NASDAQ:SLM) is anticipated to announce its Q3 2026 results after the market closes on Thursday, October 22nd. Analysts expect the company to announce earnings of $0.1705 per share and revenue of $453.34 million for the quarter. SLM has set its FY 2026 guidance at 3.100-3.200 EPS. Interested persons may visit the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, October 22, 2026 at 5:30 PM ET.

SLM (NASDAQ:SLM) last announced its earnings results on Thursday, July 23rd. The credit services provider reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.17). The business had revenue of $401.11 million for the quarter, compared to the consensus estimate of $409.22 million. SLM had a net margin of 26.09% and a return on equity of 33.81%. SLM’s revenue was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.32 EPS. On average, analysts expect SLM to post $3.12 EPS for the current fiscal year and $3.41 EPS for the next fiscal year.

SLM Price Performance

Shares of SLM stock opened at $21.57 on Tuesday. The business has a 50 day moving average of $24.95 and a 200 day moving average of $24.01. SLM has a 52 week low of $17.77 and a 52 week high of $31.06. The company has a market cap of $4.05 billion, a PE ratio of 6.03, a P/E/G ratio of 1.49 and a beta of 0.96. The company has a quick ratio of 1.32, a current ratio of 1.33 and a debt-to-equity ratio of 2.63.

SLM Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Friday, September 4th. SLM’s payout ratio is presently 14.53%.

Analysts Set New Price Targets

Several research analysts have commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of SLM from $25.00 to $22.00 and set an “underweight” rating for the company in a report on Monday, October 12th. Wells Fargo & Company set a $28.00 target price on shares of SLM in a research report on Friday, July 24th. Royal Bank Of Canada cut their target price on shares of SLM from $29.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, October 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of SLM in a research report on Monday, September 14th. Finally, Morgan Stanley boosted their price target on shares of SLM from $27.00 to $28.00 and gave the company an “equal weight” rating in a research report on Monday, July 20th. Four analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $29.22.

SLM Company Profile

SLM Corp., commonly known as Sallie Mae, is a financial services company focused on helping students and families finance higher education. Its primary business is the origination and servicing of private education loans, which can help cover tuition, fees, books, housing and other eligible education-related expenses not fully covered by federal student aid.

The company offers private student loans for undergraduate and graduate education, as well as loans for career-training programs and other education needs.